Battle Infinity staking launches on September 24. Is it time to buy IBAT? Battle Infinity is one of the most anticipated projects of 2022. As soon as it was introduced to the crypto community, it caught the attention of many investors.
Within the Battle Infinity project, there are several interesting features, including Battle Stake: a platform where users will have the possibility of staking.
The developers of the project recently announced a new update that will serve to make this platform available to the public while the majority of investors are waiting for the implementation of the project little by little from this promising Play to Earn.
Battle Infinity: An impressively successful project
If the Battle Infinity project is so talked about in the cryptocurrency community, it's for the potential it represents and how it could turn out to be one of the biggest projects to come.
It is basically a cryptocurrency project based on the Metaverse using the concept of Play to Earn and taking inspiration from Fantasy League-type games which are extremely popular.
Each player using the platform will have the opportunity to earn rewards in the form of IBAT tokens. Thus, holders of the project's native cryptocurrency can participate in community-wide competitions to win prizes, in particular by having their team face off against other players, but that's not all since there is also staking possible.
The current price of IBAT
Battle Infinity is one of the fastest-growing cryptocurrency projects in 2022. As soon as its pre-sale phase was announced, investors flocked to the tokens in just a few moments.
The project managed to raise 16,500 BNB in just 24 days of the presale, or just over $5 million. After the presale ended in August, the IBAT token was launched on PancakeSwap, a popular DeFi exchange.
On this platform, the project was again impressively successful. Indeed, the price of the token instantly skyrocketed after it was listed. However, unlike many projects that have a strong but short-lived start, IBAT is determined to stay on top.
As a result, its price kept rising before stabilizing and is now up over 100% since listing on Pancakeswap.
While it was worth only $0.0015 per token during its pre-sale, IBAT reached almost $0.008 in August 2022. This figure represents a significant increase in the price multiplied by 5. The current price of IBAT is $0.0036.
With further arrivals planned on new platforms and its presence on LBank, the IBAT token is poised to become one of the best new cryptocurrencies to invest in 2022.
The commissioning of Battle Stake.
If it is true that the price of IBAT has increased thanks to the fact that it is available on more platforms, its developers do not intend to stop there. This is only the beginning of a long roadmap to be accomplished over the long term.
Indeed, among the features promised on Battle Infinity, you have Battle Stake: an exclusive staking platform. On this, investors have the possibility of staking in order to accumulate interest on their IBAT token. There will also be pair staking options on the Battle Stake.
On September 14, 2022, the project's official Twitter account revealed through a tweet that the Battle Infinity staking service will be operational from 4 p.m. UTC on September 24. This means that all IBAT holders will finally have the opportunity to earn returns on their tokens.
On the IBAT Battle Stake platform, each investor will be able to block their tokens for a certain period of time to receive rewards in exchange. Such a move is not only beneficial for investors, but also for the price of the token.
This will likely attract more investors, especially if the annual rate is profitable enough to generate significant bonuses. Staking is a good option to give Battle Infinity even more visibility.
A probable rise in the price of the IBAT token.
Although the cryptocurrency market is still in the grip of the bear market, the price of the Battle Infinity token has been able to remain at a relatively stable level. Projects based on blockchain-based games have been among the most resilient despite Bitcoin falling and most other cryptos also suffering declines.
With the staking service coming online soon, investors expect an increase in trading volume as well as the price of IBAT tokens.
Most members of the platform will seek to earn interest and therefore create more demand for the token. While it's true that it's currently trading at just $0.0036, IBAT could be a potential long-term investment that could explode, especially since the game isn't available yet.
To stay in the theme of Play to Earn, there is currently Tamadoge (TAMA) which is about to end its presale in a few days. Indeed, more than 16.5 million dollars were collected out of the 19 planned.
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