Safe Haven Cryptocurrencies From The Fed Rate Increase
The global crypto market is increasingly becoming correlated with the stock market, whereas cryptos are supposed to be an alternative to stocks and bonds. Due to the increasing hikes in fed rates, the crypto and stock market have become a mirror of themselves - both demonstrating high volatility with significant downward momentum.
It's no wonder investors are scrabbling about in search of stable and safe haven tokens that rarely get influenced by the economic instability and the Fed's constant hike in interest rates to invest in.
In this guide, we'll itemize seven of the best safe haven cryptocurrencies with minimal chances of being affected by fed rates you can invest in. We'll review each one comprehensively.
Safe Haven Cryptocurrencies From Fed Rates-Brief Review
There are thousands of cryptocurrencies in the global market today, but only a few are confirmed safe havens from hikes in fed interest rates.
- Tamadoge (TAMA) - Best Play-to-earn Safe Haven Cryptocurrency
- Lucky Block (LBLOCK) - Popular Crypto Lottery Platform for Competitions and Rewards
- Battle Infinity (IBAT) - Top NFT-Based Fantasy Sports Game In The Metaverse
- Ripple (XRP) - Fast and Green Digital Asset
- Terra Luna Classic (LUNC) - Fast Rising Crypto Built On The Binance Smart Chain
- Avalanche (AVAX) - Low-Cost Eco-Friendly Token
- Litecoin (LTC) - Major Peer-To-Peer Digital Currency
Here are separate reviews of each crypto listed above for you to understand why they're your best bet to remain active investors in the crypto market without fearing the effects of fed interest rate hikes.
Tamadoge (TAMA)- Best Play-to-earn Safe Haven CryptocurrencyTamadoge, fondly referred to as the next dogecoin or Shiba Inu, is the latest play-to-earn game to grace the Metaverse. This ecosystem, known as the Tamaverse, allows users to create, care for, and train dog-like NFT pets to compete against other users in the game for rewards. TAMA is the in-game token in the Tamaverse, and it is used to reward players or buy items in the game's in-built store.
Tamadoge is a relatively new project that recently completed its presale, raising $19 million to launch the token in a few weeks properly. During its presale, early investors got the first set of TAMAs at $0.01 per token, while the latest got theirs at an increased price of $0.03 per token. This increased price action occurred when major cryptos were affected by the economy and the fed's interest rate, proving that TAMA is a safe haven.
Major crypto exchange platforms have confirmed that they will be listing TAMA - most notably iss OKX where it has already gone live and you can buy it there now!
Lucky Block (LBLOCK)- Popular Crypto Lottery Platform for Competitions and RewardsLucky Block is a competitive online crypto lottery system. It is a top-tier crypto project that has worked its way around the economic uncertainties and has proven to be a safe haven for crypto investors and lottery lovers worldwide.
LBLOCK is the native token of the Lucky Block platform. Players earn their rewards or bonuses in the form of LBLOCK. Unlike the regular online lottery systems, Lucky Block uses efficient blockchain technology to ensure games are impartial, secure, and transparent. With this platform, crypto lottery players are sure of faster payout processes, and even more, they can invest their winning in LBLOCK tokens.
Any player can access the Lucky Block platform from anywhere in the world. Their location is not a factor that determines whether they win or not; neither does it restrict them from entering prize draws and giveaways. The project is currently undergoing a marketing promo, and several gifts are up for grabs, including luxury cars, houses, and $1 million worth of bitcoins.
Battle Infinity (IBAT)- Top NFT-Based Fantasy Sports Game In The MetaverseBattle infinity is one of the latest P2E Tokens listed on major centralized and decentralized exchanges like LBANK and PancakeSwap. The project revolves around an NFT-based sports fantasy game where gamers and sports enthusiasts play to earn IBAT tokens and unique NFTs of athletes.
IBAT's prominent feature is its fantasy premier League feature. This playable product is more or less a fantasy premier league competition for crypto enthusiasts and non-crypto football lovers. Gamers will be allowed to access the battle arena, and here they'd be able to select NFTs of their preferred athletes to make their eleven-man team. The winners are decided at the end of the game week, while the total accumulated points determine the overall winner at the end of the season.
This exciting project delivered a massive price pump during its presale and the build-up to its staking platform launch. During the presale alone, the token raised 16,500 worth of BNB in 24 days. After listing, it began trading at $0.0015 per token and subsequently made over 5x price increase. IBAT has cemented its identity as one of the best safe haven tokens to purchase for high returns despite the constant rate increases.
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Ripple (XRP) - Fast and Green Digital AssetRipple (XRP) is a valuable cryptocurrency that has been around for a while. Besides being embroiled in an SEC lawsuit since late 2020, the project has been successful. It was recently announced that the Ripple team is close to winning its legal issues; once it does, its value is set to soar regardless of the current economic situation.
Terra Luna Classic (LUNC) - Fast Rising Crypto Built On The Binance Smart ChainTerra Luna classic is a proof-of-stake cryptocurrency that rose to prominence early this year. The project's rise came weeks after the burst of the Terra Luna coin.
The Terra Luna classic network is a defi project whose founders believe would stabilize the sister coin's price.
Avalanche (AVAX) - Low-Cost Eco-Friendly TokenAvalanche is a fast, affordable, versatile, and affordable cryptocurrency and blockchain platform. Its native token, AVAX, rivals Ethereum's ether (ETH) and is a better alternative to major cryptos because it uses smart contracts to support various projects.
The Avalanche platform prioritizes high transaction speed and scalability. The tokens act as a basic unit to pay transaction fees on various blockchains in the network.
Litecoin (LTC) - Major Peer-To-Peer Digital CurrencyLitecoin is another popular crypto project created as far back as 2011. It was designed to address investors' concerns that bitcoin was getting centralized. The platform was also created to make it difficult for whales to gain the upper hand in the Litecoin network by refusing mining. However, it has since become a minable coin with similar characteristics to Bitcoin, although it has a slightly different algorithm.
Litecoin is on par to become an asset for daily crypto transactions based on its faster transaction processing time.
Bottom LineInvesting in cryptocurrencies during the bearish season is a good idea, but you still have to be cautious. The high economic uncertainty and constantly changing federal financial policies result in many market risks, so anything can happen at anytime.
The crypto assets reviewed in the guide are currently your best shots at making significant returns on investment short-term and long-term. The top three haven assets mentioned in this guide are Tamadoge (TAMA), Battle Infinity (IBAT), and Lucky Block (LBLOCK). These three have rock-solid reputations on major crypto exchanges!
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