Experts Believe These Coins Will Beat the Bear Market and Come Out Stronger on the Other Side
The cryptocurrency bear market rages on, with many cryptocurrencies trading at a fraction of their all-time highs. Ethereum has been particularly hard hit today and is now down over 75% from its all-time high a little over a year ago of $4,811 – with a fresh 3.18% leg down so far on Nov. 28 following news of a whale moving 73,224 ETH to Binance on Nov. 24.
The whale who removed 84,131 $ETH ($101M) from Curve 3 days ago is transferring $ETH to #Binance.— Lookonchain (@lookonchain) November 28, 2022
He transferred a total of 73,224 $ETH ($85.7M) to #Binance, leaving 11,884 $ETH ($13.9M).
Watch out for selling pressure of $ETH!https://t.co/8KRdt8kopHhttps://t.co/voRXKZIhSF pic.twitter.com/7VYHFhlUQV
In other market-stifling news, crypto lender BlockFi filed for bankruptcy protections Monday, days after suspending withdrawals amid the ongoing fallout from exchange FTX’s bankruptcy. As negative news like this continues to roil markets, many investors remain optimistic that the bear market won’t last forever, and that some projects will come out of it stronger than ever.
By doing their research and keeping an eye out for strong fundamentals, investors can still find opportunities in a bear market despite the volatility. One place to keep an eye out for opportunities is in presales of projects with valid use cases.
For example, despite the bear market, D2T, TARO, IMPT, and RIA have strong fundamentals, have raised significant capital, and are poised to come out the other side strong when the market inevitably reverses.
Dash 2 Trade (D2T)
Dash 2 Trade is an analytics and social trading platform designed to make it easier for crypto investors to find opportunities in the market. It uses data analysis, sentiment tracking, and strategy-building tools to help its users take advantage of bear markets and bull markets alike.
Among other features, Dash 2 Trade will provide:
- Trading signals that provide buy/sell opportunities in the market
- Social sentiment and on-chain analysis to spot trending coins
- Strategy builder and social trading tools that make trading and adopting new strategies easier
- Bespoke scoring system to participate in crypto presales
- Crypto listing alerts for new listing announcements
- Trading competitions
The D2T token powers all features within the Dash 2 Trade platform. So far, D2T’s presale has raised $7.3 million and is at 83% in stage 3 before it will roll over to its final stage 4 and the price will rise to $0.0533 per token.
The D2T presale dashboard beta will be launching very soon and the website has recently undergone a refresh, which includes dashboard screenshots, a new competition matrix feature, and details about the leadership team for the project.
RobotEra is an immersive and expansive crypto gaming platform with a goal of combining play-to-earn gaming, NFT ownership, and metaverse world-building. Players assume the role of robot companions to rebuild the destroyed planet Taro with custom building tools that require no coding knowledge.
Through a variety of activities such as quests, community events, staking, and more, players generate passive income in RobotEra’s native token $TARO, and can even monetize their assets by selling billboard space or individual structures on the open market. Players can also charge ticket admission to events, concerts, and museums, and sell individual structures or their entire metaverse plots on the open market.
All players will also be able to stake their tokens to vote on the future direction of RobotEra’s decentralized autonomous organization (DAO) as well as earn passive yield. The project also has plans to integrate virtual and augmented reality (VR/AR) into the game in 2023. With such a variety of features, RobotEra enables players to create and monetize their own worlds, thereby creating opportunities for income even in a bear market.
RobotEra has already passed the quarter of a million dollar milestone after successfully raising $266k in its presale.
IMPT is an ERC-20 token that seeks to revolutionize the way people contribute to climate change initiatives. It facilitates the purchasing and trading of carbon credits, allowing users to back eco-sustainability projects around the world. This will enable companies with ESG (environment, social, and governance) compliant operations to easily access funds and incentivize their customers/users to support their cause.
#IMPT – a credible and transparent ecosystem that allows you to decrease your carbon footprint ♻️— IMPT.io (@IMPT_token) November 26, 2022
❌ no complex procedures to purchase carbon credits
✅ an input to the environment
✅ support of multiple impact projects
Join us now ⬇️https://t.co/8KSvC4GHjF pic.twitter.com/WR1ctLJlYV
By shopping at affiliate companies, consumers can be rewarded with IMPT that can then be used to redeem carbon credits. Carbon credits placed on the blockchain allow for transparency while also opening up easy trading on 24/7/365 markets. IMPT’s proprietary platform has already attracted over 25,000 companies as affiliates, including, Netflix, Microsoft, and more.
Through its presale campaign, IMPT has successfully raised $13.3 million in a bear market – demonstrating its potential for investors looking for cryptocurrencies that will come out stronger on the other side of the market downturn.
IMPT is set to go live when the presale ends, enabling investors worldwide to purchase carbon credits and support their favorite ESG initiatives.
Calvaria: Duels of Eternity is a Web3 game that combines non-fungible tokens (NFTs) with strategy in a simulated virtual environment. Players purchase NFT trading cards and use them to build strategies and compete with one another.
RIA is the token for NFT purchases and trades in the game’s in-app marketplace, while also granting governance power to holders for Calvaria’s decentralized autonomous organization (DAO). The digital asset can also be staked by holders looking to earn passive income from their holdings.
Since its launch, the game’s presale has raised $2.1 million, causing developers to end the presale early due to its success. The presale supply is also dropping significantly from 300 million tokens total to only 150 million.
RIA has certainly piqued the interest of many investors looking to diversify their portfolios in this market downturn. Even though it’s still early days, Calvaria (RIA) looks like it could be a great opportunity for those looking to beat the bear market.