Many crypto investors rely on the most promising cryptocurrencies to achieve higher returns.
The year 2022 has not been particularly favorable for cryptocurrency prices. Coins and tokens that saw huge price swings months ago are slowly sinking, and some are already back to where they were in October. This is undoubtedly a nerve-wracking experience for some investors, but hard times don’t last forever. The global cryptocurrency market is thriving with the presence of thousands of cryptocurrencies rushing to be among the top ten cryptocurrencies. Some are stable like Tether and USD coins but some show great results like Terra, Shiba Inu, Bitcoin and many more. With the war between Russia and Ukraine and China banning crypto, major cryptocurrencies including Bitcoin are in bearish mode. Therefore, many crypto investors rely on the most promising cryptocurrencies to achieve higher returns. This article lists the top 10 cryptocurrencies that have successfully weathered the bear market breakout.
There is no need for an introduction of Bitcoin into the cryptocurrency market. It now occupies the number one position in the market despite being highly volatile. It reached its all-time high in 2021 and is expected to reach new heights in 2022. This is one of the top cryptocurrencies to explode between 2022 and 2025. Also one of the top 10 thriving successfully is the bear market outbreak.
Flux is the next generation of scalable decentralized cloud infrastructure. Easily develop, manage and spawn your applications on multiple servers at the same time. It’s ready for Web 3.0, Dapps and more. The Flux Ecosystem is a fully operational suite of decentralized computing services and blockchain-as-a-service solutions that provide an interoperable, decentralized, AWS-like development environment.
Polygon is one of the best cryptocurrencies for building and connecting Ethereum-compatible blockchain networks. It provides scalable solutions on Ethereum and supports a multi-chain Ethereum ecosystem. Many crypto investors believe that Polygon has great potential and will deliver higher returns in the future.
Decentraland (MANA) defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience and monetize content and applications. In this virtual world, users buy plots of land that they can later navigate, build, and monetize. It is one of the best cryptocurrencies that has successfully survived the bear market breakout.
Shiba Inu continues to draw the inspiration from some investors and the wrath of others. But no matter how you feel about this pupcoin, there’s no denying that developers have worked hard to add remarkable new features to the SHIB ecosystem. This planned rollout makes SHIB one of the best cryptos to buy amid the bear market.
Terra has recently started to attract attention in the cryptocurrency market and is one of the top cryptocurrencies to successfully break into the bear market. 2021 has shown that Terra is a unique stablecoin that can reduce the volatility of the cryptocurrency market. It also recently hit the all-time all-time high and crypto investors are leaning towards it. It uses blockchain technology to build a better digital financial system free from financial institutions and fintech app developers.
Ethereum was the first major project to introduce smart contracts. These smart contracts allow developers to launch mobile and desktop decentralized applications (dApps) on top of the blockchain. Thousands of tokens are spinning on the Ethereum network, and it is these tokens that have fueled the initial coin offering (ICO) movement. It launched Ethereum 2.0 and has become popular among crypto investors for its smart contract platform with some great features.
Created by some of the same founders as Ripple, a digital technology and payment processing company, XRP can be used on that network to facilitate exchanges of various currency types, including fiat currencies and other major cryptocurrencies. It is one of the best cryptocurrencies that has successfully survived the bear market breakout.
Solana was developed to enable the use of decentralized finance (DeFi), decentralized apps (DApps), and smart contracts. It runs on a unique hybrid proof-of-stake and proof-of-history mechanisms that allow transactions to be processed quickly and securely. SOL, Solana’s native token, powers the platform.
The Binance Coin is a form of cryptocurrency that you can use to trade and pay fees on Binance, one of the largest crypto exchanges in the world. Since its launch in 2017, Binance Coin has expanded beyond just facilitating transactions on Binance’s exchange platform. Now it can be used for commerce, payment processing or even booking travel arrangements. It can also be traded or exchanged for other forms of cryptocurrency, such as Ethereum or Bitcoin. It is one of the best cryptocurrencies that has successfully survived the bear market breakout.
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