Battle Infinity Price Prediction 2023-2030: Will IBAT reach $1?
Latest IBAT Price
Battle Infinity Past Performance
- Last 7 days: –2.4%
- Last 1 month: –26.1%
- Last 1 year: -80.9%
Battle Infinity latest news
- Battle Infinity offers a staking platform with attractive Annual Percentage Yields (APY), allowing investors to earn up to 25% APY by locking IBAT tokens for a certain period of time.
- Battle Infinity experienced a successful presale and has seen significant price increases since its launch. With more than 40% of IBAT tokens locked, there is potential for increased demand, higher trading volumes, and potential price growth in the future.
- Battle Infinity provides access to a metaverse, decentralized exchange (DEX), and NFT marketplace. The platform offers multiple use cases, including the ability to participate in NFT-based sports fantasy leagues and earn rewards through gameplay.
Battle Infinity Price Prediction: Is IBAT a Good Investment? Battle Infinity Tokenomics
Battle Infinity is a Play to earn gaming platform consisting of many battle games which are integrated within a Metaverse World. Apart from providing a gaming experience, Battle Infinity aims to provide an immersive Metaverse experience to its users.
To revolutionize the traditional gaming world, Battle infinity combines the blockchain and metaverse to provide a decentralized experience to the players.
IBAT is the utility token of Battle infinity which runs on BSC (Binance Smart Chain). IBAT tokens have a total maximum supply of 10 billion coins and 28% of which are allocated through Presale.
The following are the major use cases of IBAT tokens:
- IBAT coins are required to enter the world of Battle infinity games and the coins can be earned while playing the games.
- IBAT tokens can be used to advertise on Billboards within the Battle infinity ecosystem.
- Users can access multiple features within Battle Infinity’s ecosystem using IBAT coins.
- IBAT tokens can be used to purchase in-game items such as hats, sunglasses etc.
- IBAT tokens can be staked to earn a high APY.
What are the features of Battle Infinity?
The following mentioned are the primary features of the Battle Infinity ecosystem: Let’s have a brief look:
- IBAT Battle Swap
Battle swap is the DEX that allows users to buy IBAT tokens. Users can swap their BNB, IBAT, CAKE, USDT and BUSD tokens on the platform.
- IBAT Premier League
Battle Infinity’s IBAT Premier League is an NFT-based fantasy sports game that is integrated with the metaverse. It allows users to create their teams for various sports (such as Football, Cricket, Tennis etc) and join battles with others across the world.
- IBAT Battle Market
Battle Infinity’s IBAT Battle Market is a marketplace where the users can mint their artwork i.e., buy and sell the NFTs related to sports and land. Therefore, Battle Infinity can also be compared to OpenSea, which is one of the most prominent NFT marketplaces.
Competitor Analysis: Battle Infinity vs Axie Infinity
One of the most notable competitors of Battle Infinity is Axie infinity, which is a blockchain-based battling game partially owned by its players. Here, every Axie is an NFT having different characteristics and AXS is its governance token. Let us make a brief comparison between Battle infinity and Axie Infinity:
|What does it do?||It is a gaming platform that allows users to earn while playing battle games.||It is an NFT platform where users can earn by playing games within the network.|
|Blockchain on which it is built on||Binance Smart Chain||Ronin network|
|Performance in the last 1 year||–||-93.5%|
|Performance in the last 3 months||-51.6%||-50.6%|
|Performance in the last one month||-31.8%||-8.9%|
|Performance in the last 7 days||-6.2%||-8.8%|
The year 2022 was a tough year for the entire crypto market and hence, the majority of the cryptos didn’t perform well this year. No different is the case with Axie Infinity, which declined by more than 93% in a year.
However, since the time of its launch, IBAT is not performing well. As we can see that it even underperformed compared to its competitor for a month.
Competitor Analysis: Battle Infinity vs Sports NFT
Battle Infinity is a sports NFT that will be completely revealed after the full game drop. Therefore, it has direct competition with the existing sports NFT tokens in the market such as Fanzone Sports Club, the STEPN app, and the Ballman project. Let’s briefly discuss these, one by one:
Fanzone Sports Club- It aims to revolutionize the way with which fans interact with their sports teams. Hence, it includes NFT passes that can provide the access to the activities that are being carried out by the international soccer team. Fanzone Club has reported a trading volume of over $14,900 within a week with an average price of $244.
Stepn- Stepn is a move-to-earn app where the users have to purchase a sneaker NFT to enter the platform and thus, earn more tokens. STEPN NFT has reported a trading volume of $195 in the last 7 days with an average price of $14. A total of 14 STEPN NFTs are sold in the past week.
Ballman project- Developed by Stan Wawrinka (who is an Olympic tennis champion), The Ballman project is a collection of 6,200 unique NFTs of characters having various attributes. The trading volume of The Ballman project was $206 in the last 7 days with an average price of $23.
Roadmap of Battle Infinity
The roadmap of the Battle Infinity ecosystem is divided into seven phases as follows:
Phase 1 includes idea & conceptualization, product finalization, infrastructure planning, workflow design and operating model design. Phase 3 includes the development of the IBAT token smart contract mainnet, website launch, press release, battle stake development, presale creation and Pancakeswap listing. The last phase includes the launch of the Fantasy Sports game, NFT land smart contract deployment, and NFT land sale.
Battle Infinity Price Prediction: Will IBAT reach $1?
To reach a price of $1, IBAT Coin needs to grow by 666.6 times considering its current market price of $0.0015.
Note that IBAT reached its all-time high price of $0.0055 in August 2022, where it grew by 1.34 times in less than one month. Therefore, to reach $1, the IBAT coin will require a minimum of 41 years, considering its growth of 1.34 times in one month.
However, the current market situation of liquidity and inflation is not in the favor of the crypto market. Therefore, it cannot reach that value sooner. Nonetheless, reaching $1 is not an easy target for the IBAT coin, even when the market conditions ease out for the crypto industry.
Battle Infinity Price Prediction: Will IBAT reach $100?
To reach a level of $100, the IBAT coin needs to grow by 66,666.6 times, keeping in view its current market price of $0.0015.
As it took nearly 1 month to grow by 1.34 times in August 2022, the IBAT coin requires nearly 49,751 months (around 4,145 years) to reach a price of $100.
Again, the liquidity and other macroeconomic factors are not currently in the favour of the crypto market. However, reaching $100 is not at all practical for IBAT as of now, and hence, it might not reach that value in the future as well.
Battle Infinity Price Prediction 2023, 2025 and 2030
- Battle Infinity Price Prediction 2023 is $0.0021
- Battle Infinity Price Prediction 2025 is $0.0039
- Battle Infinity Price Prediction 2030 is $0.0184
Battle Infinity Price Prediction Today
|1. Market's Wisdom||Neutral|
|1a. Market Data||Neutral|
|1b. Technical Recommendation||Neutral|
|2. Crowd's Wisdom||Neutral|
|2a. Social Media Buzz||Steady|
|2b. Social Media Sentiment||Neutral|
Where can I buy IBAT crypto?
The following are the general steps to buy IBAT tokens:
- Find a cryptocurrency exchange (as listed below).
- Sign up for an account on the chosen cryptocurrency exchange. This usually involves providing some personal information and completing a verification process, such as submitting identification documents.
- Deposit funds into your exchange account. Most exchanges support deposits in cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH).
- Once your funds are deposited, navigate to the IBAT trading pair on the exchange.
- If your buy order matches with a sell order from another user, the trade will be executed, and the IBAT tokens will be credited to your exchange account.
- After the trade is completed, it’s recommended to withdraw your IBAT tokens from the exchange and transfer them to your personal wallet.
Until now, IBAT is available to access through two centralized exchanges, namely, MEXC and LBank, and one decentralized exchange i.e., PancakeSwap. It might get listed on more crypto exchanges in the coming months.
Battle infinity Price Prediction: Conclusion
The report suggests that the global crypto gaming market is expected to grow at a Compound Annual Growth Rate of 70.3% by the end of 2027. It means that crypto gaming and metaverse tokens can expect growth in the future.
Furthermore, the global NFT market is also expected to grow at a CAGR of 37.1% by the end of 2028 as per the reports. Therefore, NFT projects can be expected to see considerable growth in the coming years.
Therefore, being a P2E crypto gaming token, Battle Infinity can be considered to have good potential in the future. However, there are already many play-to-earn crypto tokens in the market that have established them well. For instance, Sandbox, decentral, Axie Infinity, Gala etc. All these gaming platforms revolve around NFT and metaverse and hence, the market is already very competitive for the IBAT token and Battle Infinity ecosystem.
No doubt that IBAT’s market price is not gaining much momentum since the time it was launched in August 2022.
However, Battle Infinity’s multiple use cases (including NFT marketplace, sports NFTs and P2E crypto gaming) can be a distinction and can help increase its price in the future.
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.