BTC, The Sandbox (SAND), FreeWoly (FWoly):
A general rule of thumb for profiting in the crypto market is buying assets when their prices are down and selling them when their prices are up. However, not many cryptocurrencies fulfil their profit margin at a time when buyers predict to sell them, and this could lead to more losses and panic selling.
The above reason has made it important to research blue chip cryptocurrencies to hodl in your portfolio. This article presents BTC, The Sandbox (SAND), and a new cryptocurrency with the potential to explode, FreeWoly Token (FWoly).
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Will BTC explode soon?
BTC has been on a downtrend since its all-time high in November 2021. Its price movement has possibly favored daily traders who collect profits from little price movements. For swing traders, the reverse has been the case. What does this say about buying Bitcoin (BTC) following the ongoing crypto winter?
Well, as mentioned earlier, buying cryptocurrencies at low price points and selling at higher price points is a great way to invest in them. Your concern should be knowing when to enter the market. Which is where you carry out due diligence.
BTC’s prices in the second and third quarters of 2022 have shown low price points that could signal a buy. However, considering its unpredictability, long-term buyers could profit more from this method.
BTC has reached very low price points in the past, especially in 2017, 2018, and 2020. Later, the leading cryptocurrency rose to insane price points. This tells a lot about the potential bullish market awaiting BTC in the near future.
Whales continue to target The Sandbox (SAND)
The Sandbox (SAND) features in the top 50 cryptocurrencies based on market capitalization. Its parent platform, The Sandbox, is a metaverse fun game that allows users to purchase plots of land and customize them into facilities that could be monetized within the game.
The Sandbox’s native “in-game” cryptocurrency, $SAND, has been on the radar of whales, partly as a result of the partnerships the metaverse game secures occasionally.
$SAND has been running low due to the crypto winter more than 85% below its all-time high, at the time of writing. However, the partnerships and innovations being carried out on the platform could set it on track to becoming the next big cryptocurrency when the crypto market sets into a bullish ride.
Source: Markus Spiske / Unsplash
FreeWoly to launch a real-live interactive game using the $FWoly Token
FreeWoly is looking to disrupt the DeFi / GameFi space with an amazing game introduction that will use ground-breaking technologies — artificial intelligence and augmented reality. FreeWoly seeks to introduce farm games into the metaverse space through this creation.
The FWoly Token (FWoly) will be phenomenal in actualizing its value proposition. But first, the team plans to raise more funds through an incentivized pre-mining presale phase that will occur in three stages.
The first, second, and third stages of the presale will cover 6%, 4%, and 2% instant bonuses, respectively, when you sign up for the presale and make a purchase irrespective of the amount spent.
$FWoly Token listing price begins at 0.05 USD, which will likely skyrocket as the presale stages advance. You may participate in the presale using BTC and altcoins like ETH, XRP, BNB/BSC, LTC, and USDT [TRC-20 and ERC-20]. Depending on the coin you use to purchase the presale tokens, you can earn between 7% to 14% bonuses, which stack up as you buy more tokens.
More information FreeWoly (FWOLY)