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5 Cryptos You Should Buy To Breeze Past the Bear Market

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The cryptocurrency market is now experiencing a historical bear market with no signs to prove how bad this market will fall even more.

However, dips throughout the market disguise a variety of intricacies and outliers, with certain cryptocurrencies maintaining their value or performing better than the majority.

In his article, we will cover the 5 cryptocurrencies you should invest in now to help you breeze past this bear market and still walk out with some profit.

5 Cryptos to Buy During The Crypto Winter For Potential Profits

1. Battle Infinity (IBAT)

If you are looking for a cryptocurrency with a low market cap that has a lot of promise, then you should go no farther than Battle Infinity. Now is the best time to purchase Battle Infinity.

In addition to the Battle Infinity NFTs, this brand-new and exciting sports Metaverse gaming platform comes equipped with its very own token, which goes by the name IBAT.

The project is currently in the presale stage, which indicates that now is the best time to invest at a cheap price and potentially enjoy the advantages of large profits when it goes online.

The list of features that are available in Battle Infinity seems to go on forever. You will have the opportunity to create an avatar on this platform, allowing you to interact with other users and the vast environment of the Metaverse that they inhabit.

SHould I buy IBAT Token

This virtual world is built on the IBAT token, which can be obtained as a prize for doing things such as getting involved in the Battle Infinity fantasy sports league or by placing bets on the results of a match.

Other ways to earn IBAT tokens include mining for them, writing smart contracts, and running dApps. Another method for acquiring IBAT tokens is to stake them. Participating in one of the numerous fascinating player-versus-player games that are available in the Battle Store is another way to win IBAT tokens.

These games may be found in the Battle Store. There are also Non-Fungible Tokens (NFTs) that are used to represent the players in fantasy sports leagues; the value of these NFTs can increase or decrease inside the Metaverse depending on how well the athletes perform in their various roles.

The KYC verification procedure has been completed for Battle Infinity by CoinSniper and has given it a green signal, and the platform itself has been scrutinized by SolidProof.io, demonstrating that it is a real platform with a no room for tampering.

At this point in time, the pre-sale period is in full swing. You may pay for IBAT purchases using BNB, and you will receive about 166,666.66 IBAT for every BNB that you spend as part of the transaction.

If you want a piece of the action and don’t want to miss out on even a single minute of the current updates, it is ideal to join the Battle Infinity project’s Telegram group and staying updated of the most latest happenings on the game and its development.

If you want a piece of the action and don’t want to miss out on even a single minute of the current updates, it is best to join the Battle Infinity project’s Telegram group.

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2. Bitcoin (BTC)

You may be familiar with the correlation that exists between Bitcoin and other cryptocurrencies and the stock market (or, in the past, gold), but the correlation that exists between bear markets and the growing dominance of Bitcoin is arguably the most important correlation in the entire cryptocurrency industry.

When we talk about Bitcoin‘s dominance, we are referring to its market cap as a proportion of the overall cap of the cryptocurrency market. Back in 2013, this represented a staggering 95%, which wasn’t all that surprising considering the fact that there were just a few other cryptocurrencies at the time.

However, with the introduction of Ethereum and other alternative cryptocurrencies, Bitcoin’s market share experienced a substantial decline, falling to as low as 34% during the bull market that occurred in late 2017 and early 2018.

should I buy Bitcoin

After that, it increased once again with the beginning of the so-called crypto winter in 2018-19-20, hitting 71% at the beginning of 2021 as BTC led a new bull market. Naturally, as alt season followed in the middle of 2021 and the beginning of 2022, it dropped down to 40%.

Now that we are in the midst of yet another weak market, BTC’s preeminence is gradually regaining its footing. According to CoinMarketCap, this figure has increased to 46.4% since it was at 40% back in April.

Assuming that the current bear market is only getting started, it is a fair bet that Bitcoin’s dominance will only continue to grow in the next years. Bitcoin will do a better job of keeping its value than the majority of other cryptocurrencies, and it may even experience gains when investors walk away from highly speculative altcoins.

This is what this implies in terms of investors, and it means that Bitcoin will do better than most other cryptocurrencies. Even though it is not a good sign that Bitcoin’s value has dropped by 55% since November, during the past few weeks, it seems to have levelled out while the value of other big cryptocurrencies continues to fall.

If you are forced to retain your money in crypto, this indicates that Bitcoin is still the safest option to go with. Another important thing to keep in mind is that similar to the bull runs that occurred in 2017 and 2020-21, respectively, a new bull market will not take place until BTC first experiences a surge. This is why thinking about investing in it right now is absolutely one of the smartest things you could do right now.

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3. Ethereum (ETH)

Ethereum is now the digital asset with the second-largest market capitalization in the world, behind only Bitcoin. Ethereum, which began operations in 2015 and has a blockchain infrastructure that allows smart contracts, is credited with having fundamentally altered the way in which financial transactions are carried out.

Participants from all over the world are able to come to an agreement through the use of smart contracts, even in their most fundamental form, without the issue of trust arising.

This is due to the fact that smart contracts are not put into action until the base code has been activated. On one side, there are a multitude of different smart contract initiatives that are now available on the market; some of these projects are considered ‘Ethereum Killers’.

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In addition, a good number of these rivals provide transactions that are both quicker and more scalable. On the other hand, Ethereum now has a commanding lead in the industry of smart contracts.

Ethereum should I buy

The tens of thousands of crypto tokens that run atop the Ethereum blockchain wholeheartedly back up this assertion, giving it complete credence. Examples such as Shiba Inu, the Graph, the Sandbox, and DAI, among others, are noteworthy in this regard.

Importantly, projects like Ethereum because of the reputation that it has for placing a premium on quality rather than quantity. This is the reason why the much-anticipated upgrade to ETH 2.0 has been delayed for such a long time.

When the update is finally implemented, it is possible that this will render unnecessary the use of several alternative smart contract platforms. After all, the maximum number of transactions that can be processed by Ethereum per second is expected to increase to above 100,000 in the near future.

In addition, it is anticipated that the issues with the platform’s high transaction fees would be resolved by ETH 2.0. Since its inception, the value of Ethereum has climbed by more than 8,700%, making it one of the most successful cryptocurrencies in terms of performance.

In contrast, Ethereum‘s price dropped below $1,000 in 2022, which is a significant drop when compared to its previous all-time high of around $5,000. As a direct consequence of this, an 80% price cut is available to anyone purchasing Ethereum for the very first time at the present pricing levels.

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4. Ripple (XRP)

Ripple is the company that is behind the patented blockchain technology that is used to address problems in the real world. In this scenario, Ripple provides a robust infrastructure for major institutions to conduct transactions across many rival currencies on a cross-border basis.

SWIFT, which is a centralized third party that links financial institutions globally, continues to maintain its position as the dominant player in the interbank market at the present time.

However, in addition to being pricey and plagued with bureaucratic hurdles, using SWIFT may make transactions painfully sluggish. In addition, in order for financial institutions located in developing nations to get entry to the SWIFT network, it is frequently necessary for these institutions to engage with correspondent banks.

Ripple, on the other hand, permits the movement of payments between banks in a matter of only seconds. The typical cost of a transaction is only $0.02, and this amount remains the same regardless of the amount of money that is being moved around.

Ripple

Ripple is perhaps the most creative financial service since it offers quick liquidity to banks in developing nations. These institutions seek to transfer currencies that are not in high demand.

This is accomplished through the use of its own native digital cryptocurrency, known as XRP. In terms of market capitalization, it continues to be one of the most valuable cryptocurrency projects; nevertheless, its value has significantly decreased as a direct effect of the ongoing bad market.

As this article is being written, the current trading level for XRP is $0.30. This is a significant drop from its peak of $1.41 throughout the previous 52 weeks.

On the other hand, investors stand to gain from this situation as they now have the opportunity to purchase XRP at a discount of about 80%. As a result of this, it is now one of the top crypto winter tokens that you should think about investing in.

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5. Binance Coin (BNB)

Keeping the emphasis on the comparison, Binance coin (BNB) is another token that has experienced a significant decline that is far less severe than that of other prominent cryptocurrencies. In the previous month, it decreased by 3%, and it has decreased by only 57% since reaching an all-time high of $686 in May 2021.

The fact that BNB is a utility token that gives Binance users discounts on trades means that it continues to be used even when the market is falling. This is what keeps the price of BNB relatively stable.

Should I buy BNB

To put it another way, there is still a certain baseline amount of demand for it, and the fact that it is affiliated with the largest exchange in the world also suggests that investors may have more trust in it than they do in other broad cryptocurrencies.

Although the SEC is now looking at Binance as part of its probe, there are a number of other exchange tokens that are in a similar situation (e.g. LEO Token, FTX, and KuCoin).

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Read More

Battle Infinity – New Crypto Presale

Battle Infinity
  • Presale Until October 2022 – 16500 BNB Hard Cap
  • First Fantasy Sports Metaverse Game
  • Play to Earn Utility – IBAT Token
  • Powered By Unreal Engine
  • CoinSniper Verified, Solid Proof Audited
  • Roadmap & Whitepaper at battleinfinity.io

Battle Infinity


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