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The financial markets are inherently cyclical, meaning that vast peaks tend to be followed by deep troughs. This is no different in the crypto market, as although many coins have risen to prominence over the last few years, the past ten months have seen most of these coins lose massive amounts of their value.
However, even though crypto is going through a ‘bear market’, there are still opportunities. With that in mind, this article discusses the best crypto to buy during the bear market by highlighting seven coins with positive value potential before presenting an overview of how investors can find high-potential cryptos in today’s challenging market environment.
The 7 Best Crypto to Buy During the Bear Market
Finding the cryptos with the most potential during a bear market can be challenging, as many (if not all) will have experienced significant value decreases. However, it’s also important to note that this can provide a limited-time opportunity to invest in these cryptos at a discount before any rebound occurs.
With that in mind, presented below is a list of the best crypto to buy during this dip, all of which have exceptional potential for the year ahead:
Bitcoin ETF Token (BTCETF) – Best new cryptocurrency to buy during the bear market, speculating the imminent release of a Bitcoin ETF. $BTCETF offers huge staking rewards and will burn 25% of its token supply in the long term. The token is priced at $0.005 during presale.
Bitcoin Minetrix (BTCMTX) – New crypto with a Stake-to-Mine model, offering transparency, security, and High APYs. Its presale secured over $300K in less than a week of its launch.
Wall Street Memes (WSM) – Red hot meme coin with a $25M raise and 1M social followers, double-digit PoS rewards, and Tier 1 exchange listing to follow.
Tamadoge (TAMA) – New Meme Coin Project Trading at a Discount
Binance Coin (BNB) – Volatile Utility Token with Long-Term Potential
Ethereum (ETH) – Smart Contracts Crypto to Buy During the Bear Market
Polygon (MATIC) – Useful Token with Rebound Potential During the Bear Market
Reviewing the Best Cryptos to Invest in During the Bear Market
Now let’s take a more in-depth look at the best crypto to invest in during the bear market, diving into the use cases, roadmaps, and price potential of the projects listed above:
1. Bitcoin ETF Token (BTCETF) – Best Crypto to Buy During the Bear Market, Offers High Staking Rewards
Our #1 pick for the best crypto to buy during the bear market is Bitcoin ETF Token ($BTCETF). This cryptocurrency is created to celebrate the upcoming arrival of a Bitcoin ETF (Exchange-Traded Fund).
On the platform website, one can access live updates and information related to the Bitcoin ETF progress. A Bitcoin ETF will let traders purchase Bitcoin without holding the underlying asset. Furthermore, it removes the technical complexities of trading Bitcoin. Investors are still awaiting the approval of the first Bitcoin ETF by the SEC.
Bitcoin ETF Token is tied to the fate of the Bitcoin ETF, and has set 5 milestones it wants to achieve. These include the confirmation of the first Bitcoin ETF and the release of the ETF. In total, Bitcoin ETF Token has set 5 milestones – and will burn 5% of its token supply upon reaching each milestone.
Thus, Bitcoin ETF Token will burn 25% of its token supply in the long term. This crypto can be a good investment during the bear market – as $BTCETF holders can generate passive income. Through a smart contract, token holders can earn staking rewards as high as 2,800%. So far, more than 10 million tokens have been locked on the smart contract, which has been verified by Coinsult.
Interested investors can buy this new crypto for $0.005 during the first presale round. The presale will consist of ten rounds – where 840 million tokens will be allocated. The aim is to raise nearly $5 million by the end of the presale. Stay updated with this cryptocurrency by going through the Bitcoin ETF Token whitepaper and joining the Telegram channel.
2. Bitcoin Minetrix – Stake-to-Mine Crypto with High APY Rewards, Raised Over $300K in A Week
Bitcoin Minetrix ($BTCMTX) is a disruptive addition to cloud mining, offering the world’s first “Stake-to-Mine” model.
It’s a unique alternative to traditional cloud mining, offering early buyers a simplified, transparent, and high upside opportunity during the bear market.
The project has caught investor attention by raising over $300,000 within its first week. The presale of its native $BTCMTX tokens starts at $0.011 per token and aims to hit a hard cap of $30 million.
The tokens are available in progressive stages, with the price increasing to $0.0119 toward the end of the presale.
Bitcoin Minetrix plans to release a total supply of 4 billion tokens, with 70% (2.8 billion) allocated for the presale. The remaining tokens will be used for rewards, liquidity, and other ecosystem activities.
Unlike traditional cloud mining, where you buy cash contracts, Bitcoin Minetrix has a more flexible “Stake-to-Mine” model. Users stake $BTCMTX tokens to receive non-tradable ‘mining credits,’ which can be used to acquire Bitcoin mining power.
Per the Bitcoin Minetrix whitepaper, these credits offer a more direct link between staking and earning, breaking the entry barriers surrounding cloud mining.
The platform offers an integrated dashboard, simplifying the process for beginners and experienced users. Investors can keep tabs on their earnings, staking balance, and mining credits all in one place, either on desktop or mobile.
Staking rewards are calculated per Ethereum block and are proportional to the individual’s share in the staking pool. Currently, the platform offers a dynamic APY of over 2000%. Over 15 million tokens have been staked within the first week, showing strong community trust.
The project has also undergone a third-party smart contract audit. There are no locked-in contracts, enabling users to un-stake and sell their $BTCMTX tokens freely.
In addition to financial benefits, Bitcoin Minetrix provides an eco-friendly mining solution, standing out from traditional energy-consuming methods.
3. Wall Street Memes – The “King of Stonks” Raises $25 Million Within 3 Months, Listed on OKX
Wall Street Memes (WSM) is an excellent crypto to buy during a bear market, with double-digit staking rewards and the potential for price appreciation.
This quickly selling presale has raised a colossal $25 million in about twelve weeks. After a rapid presale, the platform’s token debuted on OKX on September 26 and soared by more than 275% in just four days.
The meme token seeks to challenge Wall Street Actors, in much the same way as Shiba Inu and Doge aimed to remedy financial inequity with their own unique army of retail investors eager to settle the score. These coins were also very successful, and Wall Street Memes hopes to follow in their footsteps – it aims for a $1 billion market capitalization.
The Wall Street Memes movement has over 1 million social followers and regularly posts funny memes on its Telegram and Twitter socials. It has also seen interaction from Elon Musk on Twitter, a figure known to have pumped up the price of Doge on multiple occasions. It refers to itself as the “’king of stonks”, the very best meme coin on the market.
The project also features a $50,000 WSM airdrop giveaway. With regard to tokenomics, 50% go to marketing, 30% to community rewards, 10% to DEX liquidity, and 10% to CEX liquidity.
To take part, remember to first read the whitepaper in detail and understand all risks.