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Top 5 Cryptocurrencies to Buy at Low Risk Return October 2022 Second Week

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It appears that the cryptocurrency market is once again ready to make big leaps after Bitcoin crossed the $20,000 threshold earlier this week. However, the cryptocurrency market remains volatile. Buying digital assets that can generate returns without being exposed to many risks is widely considered a best practice. This article looks at the best cryptocurrencies to buy for low-risk returns.

1. Tamadoge (TAMA) – Best Overall Cryptocurrency

TAMA is one of the best cryptocurrencies to buy for low risk returns. It is the original token of Tamadoge, a blockchain gaming platform that allows players to earn real money while enjoying their favorite activity.

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Tamadoge integrates non-fungible tokens (NFTs) into blockchain games, allowing players to Buy NFTs that represents digital pets. Players have to raise their own pets and use them to fight other players’ pets to earn TAMA tokens.

TAMA has been one of the most impressive crypto assets on the market. The crypto asset is currently trading at $0.105, which is a fivefold increase in price over the past week.

TAMA has been successfully listed in Mexico and centralized LBank exchanges, opening the door to a broader group of investors.

More exchange listings yet to come. For example, asset developers recently announced that they are working on a listing on October 7 on the crypto exchange Coinsbit in Estonia. With over 2 million users, Coinsbit is one of the largest exchanges in Eastern Europe. The inclusion here is sure to help improve Tam’s exposure to greater investor exposure.

Also, the Tamadoge developers are set for an NFT drop that will occur on October 6. With this drop, potential buyers and investors can purchase extremely rare NFTs that are said to have higher speed, agility and awareness in the online Tamadoge game. NFTs will give their owners a better chance to boost their stats and climb the leaderboard to earn rewards.

BUY TAMA NOW

2. Lucky Block (LBLOCK) – Best Crypto for Prize Sets and Gifts

LBLOCK is also one of the best cryptocurrencies to buy for low risk returns. The digital asset is Lucky Block’s utility code.

LBLOCK Price Chart - Best Cryptocurrency to Buy

Lucky Block, the NFT rewards and contests platform, has experienced impressive growth since its launch earlier this year. His token is currently trading at $0.00022, which is a 20% downtrend in the past week.

Despite its bearish streak, LBLOCK still has strong interest. Investors can buy lucky block To participate in the periodic prize pools and gifts organized by the developers of the platform.

Lucky Block recently launched its V2 token bridge, which is available on centralized exchanges like LBank. This bridge will allow V1 token holders to switch to exchange friendly V2 token.

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3. Binance Coin (BNB) – the largest trading token

BNB is the largest exchange token in the crypto market. The digital asset is linked to the Binance ecosystem, allowing users to enjoy many benefits, including discounts on trading fees.

BNB . Price Chart

BNB moves in tandem with several uppercase coins. It is currently trading at $294.73, a 5.1% price increase in the last week.

BC casino game

As Binance continues to expand, the prospects for BNB continue to improve. In the past two weeks, Binance has done something opened A second office is in Brazil and is now green lit to start operations in New Zealand.

exchange too partners With the Government of Kazakhstan to combat financial crimes. These initiatives continue to improve the exchange’s market position while enhancing BNB’s growth potential.

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4. Dogecoin (DOGE) – Powered by Elon Musk

Investors looking for the best cryptocurrency to buy for low-risk returns can also consider one of the markets Best Meme Coins.

DOGE . price chart

DOGE remains one of the most valuable cryptocurrencies in the market, even with the current market downturn affecting assets across the board.

At $0.0065, DOGE has been in an uptrend by 10% in the past week.

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DOGE’s ability to generate higher returns appears to be up as billionaire Elon Musk plans to complete his planned $44 billion acquisition of Twitter. The deal, which was first floated earlier this year, appears to have finally reached the finish line.

with Reports Suggesting that Musk has plans for Dogecoin and Twitter, DOGE may be the best cryptocurrency to buy this month for low-risk returns.

5. XRP (XRP) – Best Payment Focused Cryptocurrency

XRP is the market-leading payment-focused cryptocurrency that aims to make cross-border payments easier and cheaper.

XRP price chart

XRP developer Ripple Labs has been involved in a securities fraud lawsuit with the Securities and Exchange Commission (SEC) for nearly two years. Despite the lawsuit, XRP still made some gains. Ripple Labs is also taking consistent steps to improve the asset use cases.

At the time of writing, XRP is trading at $0.4939. The asset’s price is up 8.5% in the past week.

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The jump in the price of XRP appears to be due to a new update on the status of the SEC and Ripple Labs. Case judge last week Command The Securities and Exchange Commission (SEC) provides critical documents written by SEC Director of Finance William Hinman.

Ripple believes that the documents can be key evidence to discredit the SEC’s allegations, and that accessing them could improve the company’s odds of winning the case.

Conclusion – Top 5 Cryptocurrencies to Buy with Low Risk Return October 2022 Week

In this roundup, we explored some digital assets with huge upsides. Another project worth mentioning is IMPT that uses blockchain technology to address climate control. The platform has launched the pre-sale of its utility token so that early investors can do so Buy IMPT tokens Currently.

Read more about the best cryptocurrency to buy:

Tamadoge – Play to Win Meme Coin

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  • Earn TAMA in Battles With Doge Pets
  • Maximum supply 2 billion, burning token
  • Now listed on OKX, Bitmart and Uniswap
  • Upcoming listings on LBank, MEXC

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LBLOCK, IBAT, TAMA and DEFC price forecasts for December 5

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The aforementioned cryptocurrencies have been fighting against bearish forces, and the signals coming from their markets at this point suggest that they might be starting to move towards higher price levels. So it is necessary for traders to identify it at the right time to make the most of these markets.

LBLOCK PRICE FORECAST: Lucky Block is starting an upward recovery

Study the LBLOCK / USD In the 4-hour market, headwinds have pushed price candles to the lower bound of the Bollinger Band and extended it. At this point, traders can anticipate that prices in this market may bounce in the opposite but bullish direction. The RSI lines used now are getting close to each other to crossover, once this happens, this will indicate an increase in bullish momentum and the price of Lucky Block will go up. Finally, the price may soon regain the $0.0002350 price level.

LBLOCK, IBAT, TAMA and DEFC price forecasts for December 5

Full Price Prediction: Tamadoge is recovering to the upside

On the Tamadoji On the four-hour chart, it appears that this cryptocurrency has managed to overcome the headwinds. This can be seen as a bullish price candle that appeared on this chart recently. Also, the RSI lines can be seen to have crossed each other’s path to indicate a change in the direction of the market. By implication, this marks the beginning of an uptrend for this market, as the price may now rise beyond $0.01700.

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LBLOCK, IBAT, TAMA and DEFC price forecasts for December 5

DEFC Price Prediction: Defi coin looks bullish on the upside

On the DEFC In the 4-hour market, we can see that the price action has moved above the moving average line recently. However, headwinds have been defeating it recently and causing some setbacks. However, the price action is still near the moving average line and some additional purchases may secure the price movement above the moving average line, and this will lead to a subsequent price increase. Also, the stochastic RSI curves are still in the overbought area. Thus, this confirms how traders could see a price increase beyond $0.06000.

LBLOCK, IBAT, TAMA and DEFC price forecasts for December 5

IBAT Price Prediction: Battle Infinity maintains bullish recovery hopes

signs out of IBAT The 4 hours chart indicates that the price action is gaining upward momentum. Recent price candles can be seen forming near the smoothed moving average line. Meanwhile, MACD lines continue to rise towards the balance point. Also, the growth of green histogram bars can be seen on the positive side of the MACD to indicate that buying activities are increasing. Hence, traders can expect a price rally in this market above $0.002200.

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Novogratz’s Galaxy Digital acquires Celsius’ GK8 in bankruptcy garage sale

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Galaxy Digital Holdings, led by Mike Novogratz, has won the bid to purchase GK8, a self-custodial platform for digital assets owned by Celsius Network — pending court approvals and certain closing terms.

According to the December 2 blog Mail From GK8 and the press Release From Galaxy, if the acquisition proceeds, Galaxy will acquire the platform team of approximately 40 people as part of the deal including cryptographic engineers, blockchain engineers, and the GK8 team office in Tel Aviv.

GK8 is a self-custodial blockchain-based asset management platform that provides custody, staking, DeFi, NFT support, tokenization and trading.

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The team behind the platform claims that it can perform secure blockchain transactions offline, which greatly reduces the risk of hacking.

Celsius Acquired GK8 in 2021 for $115 million, though Galaxy did not disclose how much it offered the company.

Galaxy founder and CEO Mike Novogratz called the acquisition “a critical cornerstone in our efforts to create a full-service financial platform for digital assets.”

“The addition of the GK8 to our flagship offering at this pivotal moment for our industry also highlights our continued desire to take advantage of strategic opportunities to grow Galaxy in a sustainable way,” he added.

Galaxy intends to support GK8’s ongoing operations while leveraging its technology to develop its GalaxyOne trading platform.

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GK8’s founders, including CEO Lior Lamesh and CTO Shahar Shami, are expected to remain with the company and lead the new Galaxy guardianship business.

“Powered by Galaxy, we aim to deliver exciting new offerings to the industry that showcase a combination of best-in-class Galaxy services, GK8 encryption and security, and unparalleled R&D skills,” said Lamesh.

Related: Mike Novogratz: Bankman Fried is “fake” and they’re headed to jail

It was below zero bankruptcy procedures Since filing for Chapter 11 bankruptcy protection On July 13 he discusses plans to sell some of his assets.

In the court filing, Celsius CEO Alex Mashinsky The company indicated it could Sell ​​the Bitcoin (BTC) mined from the mining operation to help pay off at least one of its loans and provide future revenue for the company.

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During his September 15 filing with the United States Bankruptcy Court for the Southern District of New York, Celsius asked Permission to sell its stablecoin collectibles.

Galaxy Digital was recently named in a $100 million lawsuit by institutional crypto custodian service and wallet operator BitGo for dropping its plans to acquire the company.

Galaxy terminated its May 2021 agreement to acquire the company on August 15, 2022, citing breach of contract by BitGo when it allegedly failed to deliver audited financial statements by July 31, 2022.

BitGo then revealed on September 13 that it was Seeking more than $100 million in damages, accusing Galaxy of “improper disavowal” and “willful breach” of its acquisition agreement with BitGo.