Top 7 cryptocurrency successfully thriving the bear market breakout.
Many crypto investors are relying on the top most promising cryptocurrencies in order to gain higher returns.
The year 2022 hasn’t been particularly kind to cryptocurrency prices. Coins and tokens that saw huge price swings months ago are slowly sinking, with some already back to where they were in October. This is undoubtedly a nerve-wracking experience to some investors, but tough times don’t last forever. The global cryptocurrency market is thriving with the presence of thousands of cryptocurrencies rushing to be in the top ten cryptocurrencies. Some are stable like Tether and USD coin, but some are showing some great results like Terra, Shiba Inu, Bitcoin, and many more. With Russia-Ukraine War and China banning crypto, top cryptocurrencies including Bitcoin are in bearish mode. Therefore, many crypto investors are relying on the top most promising cryptocurrencies in order to gain higher returns.
The top 7 cryptocurrency includes:
1) Bitcoin
There is no need for an introduction of Bitcoin in the cryptocurrency market. It is now holding the number one position in the market despite being highly volatile. It reached its highest record in 2021 and is expected to reach new heights in 2022. This is one of the top cryptocurrencies set to explode between 2022 and 2025. Also one of the top 10 that are successfully thriving is the bear market breakout
2) Flux
Flux is the new generation of scalable decentralized cloud infrastructure. Simply develop, manage, and spawn your applications on multiple servers at once. It will be ready for Web 3.0, Dapps, and more.
3)Polygon
Polygon is one of the top cryptocurrencies for building and connecting Ethereum-compatible blockchain networks. It provides scalable solutions on Ethereum, supporting a multi-chain Ethereum ecosystem.
4) Decentraland
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 purchase plots of land that they can later navigate, build upon and monetize. It is one of the best cryptocurrencies successfully thriving the bear market breakout.
5) Shiba Inu
Shiba Inu continues to draw the inspiration of some investors, and the ire of others. But regardless of how you feel about this pupcoin, it’s undeniable that developers have been working hard to add notable new features to the SHIB ecosystem. These planned rollouts are what make SHIB one of the best cryptos to buy amid the bear market.
6) Ethereum
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 run on the Ethereum network, and it is these tokens that spurred the initial coin offering (ICO) movement.
7)Terra
Terra has started grabbing attention recently in the cryptocurrency market and is one of the top cryptocurrencies successfully thriving the bear market breakout. 2021 has shown that Terra is a unique stablecoin that can reduce the volatility of the cryptocurrency market.
Although they are many more cryptocurrency, but it is always advisable that before you invest in any crypto or coin you need to do your own findings and research as well.