The much-anticipated Ethereum merge has come and gone. The Proof-of-work system is history, and the Proof-of-stake technology is here now to remain. This major upgrade has seen a significant decrease in energy requirements and computing power for mining activities. However, the cost of Ethereum has fallen below its previous value.
On September 15th, 2022, the most important event in the annals of the Ethereum Blockchain occurred. The Proof-of-stake concept was merged with the Proof-of-work system to produce a better quality technology.
However, because the merge, the cost of Ethereum has fallen, and investors are wondering what the aftermath of the merge can look like. Hang in there as youll find out more about the result of the Ethereum merge and just why other coins like TAMA, IBAT, and LBLOCK are the best options for crypto investors.
Ethereum Merge: The Aftermath
On the 15th of September, Ethereum, the next biggest cryptocurrency after Bitcoin, underwent the ultimate stages of the merger. This major upgrade has seen a permanent change in the transaction verification system of the network from the energy-consuming proof-of-work to the energy-efficient proof-of-stake.
Prior to the merge happened, the cost of Ethereum was almost twice what it had been in June, that was even greater than increases in size of Bitcoin. Fast forward to September 20th, following the successful merge, the cost of Ethereum has fallen to 15.2 percent of its previous value. That’s a lot more than Bitcoins fall of 4.4 percent round the same time. In accordance with Coinmarketcap, the cost of Ethereum during this writing is $1,301/
Crypto merchants are switching their investments from Ethereum along with other altcoins into bitcoin as some crypto experts predict the cost of bitcoin can do much better than Ethereum in the coming months. Another major concern is that Ethereum will now are categorized as america Securities and Exchange Commission and be classified as a security. Which means Ethereum may now become regulated.
So, with this particular disappointing turn of events, if youre a crypto investor who’s looking for tokens with higher potential at this time in the crypto market, dont stop reading yet. Youll find within the next section probably the most promising crypto projects it is possible to profit from at this time.
Tamadoge (TAMA): THE EXISTING Most Buzzing Coin on the market
TAMA may be the native token of the Tamadoge ecosystem, in fact it is among the most trending cryptocurrencies in 2022. The Tamadoge has so much utility that enthusiasts call it the multi-utility token since it offers users so much utility.
Once the Tamadoge project launched, the TAMA tokens sold for $0.01 per token, and following the presale, the TAMA tokens were valued at $0.03 per token, that is equal to a 3x price increment. With the generation of $19 million in the presale phase, which began in July 2022, and ended on the 18th of September 2022, the TAMA token is predicted by experts to skyrocket over 10x in 2023.
Additionally, TAMA is deflationary, with a maximum token way to obtain two billion tokens. 50 percent of the was available through the presale, while 20 percent of the TAMA tokens will undoubtedly be available when Tamadoge becomes listed on centralized and decentralized exchanges platforms. The report on TAMA on these exchanges has recently occurred on OKX & its DEX Luckilyd. You merely cant afford to lose out on this impressive coin.
Battle Infinity (IBAT): Multi-utility Metaverse Fantasy Sports Token
The Battle Infinity ecosystem revolves round the metaverse saturated with exciting play-to-earn games. Players can generate their most preferred avatars to take part in Battle Infinitys games and earn in-game rewards. Battle Infinity is one crypto project that had among the fastest presales in 2022.
In the Battle Infinity ecosystem, you can find six different places where players can participate. The most famous may be the IBAT Premier League, which gives players with a fantasy sports league that’s built on blockchain and NFTs and may be the to begin its kind.
Additionally, there are NFT marketplaces where players can sell and mint their artwork, purchase new avatars, and customize existing ones. Users may also buy virtual plots and advertise on in-game billboards.
Additionally, the Battle Infinity ecosystem will include a DeFi exchange IBAT Battle Swap for easy swapping of tokens. Battle Infinity includes a total token way to obtain 10 billion tokens. With each one of these features, its easy to understand why this project is quite promising, with a higher potential for attracting many investors.
Lucky Block (LBLOCK): Best Crypto-Gaming Blockchain
Lucky Block is another multi-utility novel crypto that launched its native token in January 2022 and, in-may, launched its first prize draw. Lucky Block aims to resolve having less trust and transparency in today’s jackpot system, among other activities.
With the net 3.0 decentralized system, Lucky Block aims to accomplish away with the centralized regulators in order that prize draws delivered to winners are fairly and randomly generated, and the Play-to-Earn is without all internal and external manipulations. Smart Contracts are employed for outcome generation.
At presale, Lucky Block sold at $0.00015 per token, and the ones who invested as of this price have made huge profits because, by the time of the writing, the purchase price per token of LBLOCK (V2) is $0.0005114. Therefore, you can easily realize why LBLOCK is undoubtedly among the top long-term investments to create this season.
Solana (SOL): The Former Crypto World Darling
Solana premiered officially in 2020 and was popularly called the Ethereum killer. Buoyed by low fees for transactions, fast processing speeds, and an NFT marketplace that has been rapidly growing, Solana quickly became children name in the crypto space. With regards to market cap, it rose to become among the best cryptos. Its peculiarity was the mix of proof-of-stake and proof-of-history blockchain dynamics having an focus on accessibility and scalability, particularly concerning decentralized finance.
Following the hack, the cost of Solana fell. Nevertheless, the candles of Solana aren’t out yet as you can find growing signs of a bounce back. Because of this, Solana can be an option to look for investors who wish to diversify their portfolios.
The hype round the Ethereum merge has given solution to gloom and confusion as Ethereums price fell soon after the merge. Miners and investors are searching for other alternatives. In the event that you participate in this group, you then should think about TAMA, the existing king of most meme coins, along with other promising coins like IBAT and LBLOCK.