
2 altcoins to buy in this bull run: Immutable X (IMX), Bitbot
- Cryptocurrency prices have staged a strong comeback in the past few days.
- Bitbot has raised almost $500k in the past few weeks.
- Immutable X has a room to grow in the gaming industry.
A jovial mood has engulfed the altcoin industry after Bitcoin made a spectacular breakout and jumped to its highest point in more than a month. This rally also happened as the spectacular bull run in the stock market gained steam. Therefore, there is a likelihood that many altcoins will do well if the bull run accelerates this year. Here are some of the top coins to buy:
Bitbot
Copy link to sectionBitbot is a crypto project that is currently in its presale phase where it has raised almost $500k from global investors. It is a network that aims to build a decentralized self-custodial trading bot with advanced features.
It aims to disrupt a big industry that is growing at an alarming rate: trading bots. The goal is to build a bot that is both easy to use, elegant, decentralized, and highly secure. In terms of security, the bot will be self-custodial, meaning that traders will keep their keys, wallets, and their assets. This is in contrast to other bots that seek access to customer funds.
Further, the platform will ultimately become decentralized, where $BITBOT holders will share profits and take part in the decision-making.
BitBot, whose token you can buy here, has a room to grow, especially if the ongoing bull run continues this year. Besides, unlike many other cryptocurrencies, it has a real utility, including staking, that will help it grow its value.
However, it is worth noting that investing in presale tokens is riskier than buying those that are already public. Therefore, it is recommended that you do your own research about the token before you buy. Also, you should only buy tokens with funds that you can afford to lose.
Immutable X
Copy link to sectionImmutable X (IMX) is another token that has a real chance of rising in the long term. It is a layer-2 network that focuses on the gaming industry. While blockchain gaming has not yet taken off, I believe that it has a real chance in the future. I am not alone as some researchers believe that the industry has more room to grow.
For example, recent research estimated that it will rise from $4.6 billion in 2022 to over $65.7 billion in 2027. Therefore, if this happens, Immutable X will be a key beneficiary because it is one of the biggest blockchain networks that is fully focused on the industry.
Immutable X is known for its top processing speeds and low transaction costs. It also has numerous features that developers need to build decentralized games like passport and checkout. Additionally, it has partnered with some of the top game developers in the world like Ubisoft, Illuvium, and Gods Unchained. This explains why IMX price has jumped by more than 180% in the past 12 months.
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