Bear markets are scary but they also offer opportunities to buy great projects at low prices. Image: Mana 5280 / Unsplash We can finally see that the bear market is coming to an end, and hopefully, the light we see at the end of the tunnel is not that of an oncoming train. Now that altcoins are finally starting to pick up steam, it’s the perfect time to go on a quest for the ones that could be good bear market investments.But it’s not going to be simple. With crypto, it never is. Yet, hope springs eternal here at Blockzeit so we decided to profile 7 crypto projects to consider investing in as 2022 winds down.
Since the beginning of the year, the blockchain industry has been growing quickly in new areas. Some of these areas are DeFi, the Metaverse, and NFT marketplaces.
This means, as always, research is key to finding winning projects.
Even though Ethereum, Filecoin, XRP, and Shiba Inu are still strong altcoins, there are now a few more on the list that have the potential to see strong gains in the coming months.
This article will look at the best altcoins to buy in a bear market. Quick View
Ethereum (ETH) – Most Widely Adopted Blockchain
Shiba Inu (SHIB) – Altcoin with Recent Huge Updates
Solana (SOL) – The Fastest Blockchain
Ripple (XRP) – Best Altcoin for Day Traders
The Sandbox (SAND) – Impressive Metaverse Technology
Filecoin (FIL) – Best Altcoin for Data Storage
Binance Coin (BNB) – Large Cap Altcoin
The 7 best cryptocurrencies to invest in now
Creating a flexible crypto portfolio with different types of coins like meme coins, DeFi, Metaverse, etc. is one of the safest ways to set yourself up for bigger gains.
We looked at the features, tokenomics, underlying technology, daily trade volumes, and teams behind hundreds of different currencies. Ethereum (ETH)
Ethereum is the most valuable altcoin on the market. It is the second most valuable cryptocurrency after Bitcoin.
It not only has the biggest platform for smart contracts in the crypto world, but it is also where some of the most important Metaverse, DeFi, and Web3 projects are built.
Because of this, ETH coins have some of the most advanced uses, which is a direct cause of its mind-boggling 1.5 million percent price growth in November 2021.
Even though the network has had some problems in the past year because of high gas fees and too many transactions, no other cryptocurrency comes close to the size of its smart chain platform.Even though this won’t stop many future off-chain and on-chain projects from being built on the ETH network, the problems are already being fixed by the network’s founder, Vitalik Buterin.Specifically, he is building an Ethereum 2.0 network that will make the whole thing work better and limit the amount of Ethereum that can be made (even despite the huge demand).When you add this to the fact that the market is getting better, you get one of the best altcoins to buy in 2022.The updated Ethereum 2.0 network is also seen as a serious threat to some of the market’s faster and more advanced networks. After all, it wouldn’t be the first time that ETH was much better than its competitors.Some crypto experts even think that Ethereum will replace Bitcoin as the most popular cryptocurrency in the world by 2030.Some people might think this is going too far, but ETH already has a much more developed ecosystem than BTC and has uses that Bitcoin just can’t match. Shiba Inu (SHIB) Meme coins aren’t everyone’s cup of tea, but Shiba Inu is one of the best altcoins to buy because its price will go up by 48,000,000% by 2021.After all, this return on investment is what put it in the top 20 cryptos by market cap, which is not an easy thing to do again.Shiba Inu is no longer a typical meme coin, though. The token is slowly becoming a DeFi system that has a much larger ecosystem than meme coins like DOGE. Also, the founders recently announced that Shibarium, a layer-2 blockchain, and SHIB Eternity, a collectible card game, will be coming out soon. Here are some more details about what will change with these two things: Once the Shibarium ecosystem is up and running, both Shiba Inu coins and the Shiboshi NFT collection will be given to it. In the Collectible Card Game, each Shiboshi has its own special ways to use it. The […]
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