The cryptocurrency market saw some gains over the last few days. The $944 billion total value locked in the cryptocurrency market has been reclaimed (TVL). As the bulls continue to push back, value-driven investors are searching for the best Web3 crypto to buy in order to profit as much as possible.
We highlight some of the best Web3 cryptocurrencies in this article for maximum profit.
1. Lucky Block (LBLOCK)
LBLOCk, the network token for Lucky Block, is our recommended Web3 cryptocurrency to purchase for maximum profit. Global cryptocurrency gaming protocol Lucky Block. The platform, which is inclusive and demographic-proof, is poised to redefine the $230 billion online gaming landscape.
In order to combat manipulated results, Lucky Block makes use of Chainlink’s Verifiable Randomness (VRF) service. Due to the fact that all winning tickets are generated at random, this guarantees the platform’s openness and fairness.
Lucky Block recently introduced its daily draw games, in which players can win up to $50,000 in LBLOCK tokens. Users only need to deposit a minimum of $1, or the equivalent of 5 LBLOCK tokens, to get started. Additionally, users are entitled to a free ticket if they purchase $500 worth of Lucky Block tokens 24 hours prior to the main draw.
This contest is open to everyone, not just LBLOCK owners. Platinum Rollers Club members who own Lucky Block NFTs have access to the platform’s NFT giveaway.
The official launch of LBLOCK on a centralized exchange is now scheduled. A recent announcement states that LBLOCK will list on the LBank on July 25. This came after the V1 asset was upgraded to V2 for CEX listings.
It’s a done deal!
At the time of publication, the price of LBLOCK is $0.000937, up 20.45% over the previous week.
2. Polka dots (DOT)
Through its Relay Chain architecture, Polkadot’s sharded technology enables decentralized applications (dApps) to access its security system. These dApps can create their solutions in the Polkadot ecosystem and compete for a parachain slot in an auction.
The goal of Polkadot has been to develop a heterogeneous blockchain that is scalable, economical, and energy-efficient and can communicate with other base layer networks. Investors are still in awe of the protocol, which is still in development. As the crypto winter comes to an end, its token, DOT, is one of the most bought Web3 cryptocurrencies.
While Polkadot’s parachain auction is still going on, the protocol has accepted a second new employee. A recent announcement claims that the universal cross-chain messaging system Dawinia Network has taken the interoperable network’s 21st parachain position.
3. Chainlink (LINK)
Chainlink, a cryptocurrency built on the Ethereum network, is one of our top picks for Web3 cryptocurrency. The platform’s decentralized oracle services are well-known in the industry. A blockchain abstraction layer called Chainlink links the networks of smart contracts. The platform enables off-chain information beds to send verified external data fees, payments, and events to blockchain protocols.
Due to the fragmented nature of the cryptocurrency industry, Chainlink has grown to be a key player in the blockchain ecosystem. The platform makes sure that all off-chain data that a blockchain protocol needs is verifiably accurate.
Because it makes sure that randomness is achieved, its VRF service has grown to be a highly sought-after software. Chainlink recently announced an integration with MoonDAO in a press release. The winning NFT user who will travel to space on the Blue Origin rocket will be chosen at random by the platform thanks to the VRF architecture.
With 185 million on-chain calls sorted, 7 million or more randomness requests satisfied, and 3 billion or more data points reached, Chainlink has also benefited from significant network integrations.
To power 1350+ projects across 12+ blockchains and layer 2s in Q2 2022, Chainlink expanded to support 1000+ decentralized oracle networks.
As of the time of publication, LINK is trading at $6.37, up 5.8% from the previous week.
4. Filecoin (FIL)
The preferred protocol for autonomous storage services in the decentralized storage ecosystem is Filecoin. The platform’s token makes our list of web3 cryptocurrencies to buy because it is highly relevant to the sector.
Filecoin is a peer-to-peer storage network that aims to store the most important data for humanity. On the Filecoin network, users can easily forward files and distribute them to various storage providers.
In terms of adoption and integration, Filecoin has continued to pioneer new ground. Filecoin recently entered the Brave ecosystem. Users of the Brave browser and wallet will now be able to directly receive FIL token, according to a July 6 announcement.
The price of FIL is $5.6 at the time of publication, up 4.6% over the previous week.
5. Audius (AUDIO)
The last coin on our web3 crypto to buy list is offered by Audius, a music streaming service with a focus on cryptocurrencies. By enabling more musicians to communicate directly with their audience, Audius, which is based on the Solana network, seeks to address the inefficiencies in the conventional music industry.
The fans of artists can listen to the content they upload, store, and distribute for free. Integrations have continued to increase for Audius. Recently, the popular NFT collectible OkayBears partnered with the music streaming service.
At the time of publication, AUDIO is up 3.18 percent over the previous week, trading at $0.34.