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It is no secret that the crypto market has seen some major lows recently. FTX, a major crypto exchange, recently went bankrupt, which caused a massive downtrend in the crypto market. Tons of coins crashed, and a lot of monetary loss was faced.
This article discusses why these coins are set to explode even during one of the worst phases of the crypto world. Let's get right into it!
Here's a quick list of these coins.
The Ethereum blockchain-based, top-tier crypto analytics platform Dash 2 Trade is one of the top picks for traders during a bear crypto market for a variety of factors.
Dash 2 Trade is being developed by the same group that did Learn 2 Trade, which has over 70,000 registered users. The team has figured out there's a clear need for an "all-in-one" cryptocurrency analytics platform that offers traders all the resources, information, and services they need.
Dash 2 Trade is intriguing since it has something to offer everyone. The Dash 2 Trade services can help you enhance your trading performance, no matter how experienced you are or how new you are to the cryptocurrency market.
Additionally, Dash 2 Trade will emphasize community building by allowing you to connect and exchange ideas with other traders via Discord.
Dash 2 Trade is built around D2T tokens, which are one of this year's top cryptocurrencies. To access the "Starter" and "Premium" levels, which include the most valuable features, users must have D2T tokens. However, the free tier will offer basic services and serve as a "trial" for the paid tiers.
RobotEra is one of the most interesting currencies to purchase in a down market. The newest venture in the fascinating metaverse market, RobotEra, aims to build on the extraordinary success of websites like The Sandbox and Decentraland.
To improve the gameplay, RobotEra will also include play-to-earn (P2E) and player-vs-player (PvP) components.
As stated in the whitepaper for RobotEra, you will own a "Robot." This NFT-structured Robot serves as your in-world avatar. Each Robot belongs to a particular group. All of them have their own skills and qualities.
RobotEra appears to be one of the best metaverse NFT efforts since the majority of in-game objects are NFT-structured. In RobotEra's market, you can buy, sell, trade, speculate, and own virtual land with TARO, the ecosystem's native ERC-20 token.
For obvious reasons, TARO has been among the top selections for many traders throughout the recent down market. TARO has had incredibly prosperous presales, which gives it a lot of hope.
IMPT is an excellent possibility for those who are unsure about which cryptocurrency to purchase during the current weak market. IMPT has become one of the fascinating projects of the year, mostly because of its original approach to sustainability.
This strategy is based on the trade of carbon credits, which is a well-liked method for both individuals and companies to lessen their carbon impact.
By organizing these carbon credits as NFTs, IMPT seeks to establish itself as the most environmentally friendly cryptocurrency. This assures that you have "real ownership" and solves the "double count" issue with the traditional carbon credit market.
You can even retire their credits to reduce atmospheric CO2 in exchange for a one-of-a-kind NFT piece of art.
Those looking for the finest cryptocurrency to purchase during the bear market should also take Calvaria into account. This is a unique NFT gaming project that mixes trading card games, PvP dynamics, and in-world revenue streams.
Calvaria revolves around collecting cards and engaging in combat with other players. An interesting thing about each card is that it's an NFT, so you can't change its properties. Also, this means that trading cards are simple on Calvaria's market, with demand and supply dictating prices.
In order to get 'eRIA' tokens, which are one of the 2 native tokens of Calvaria, you can participate in tournaments and devise methods to beat your opponents, according to the whitepaper for Calvaria. Defeating your opponents will allow you to earn more 'eRIA' tokens.
Additionally, there's a single-player narrative to help you understand Calvaria's lore and gameplay mechanics.
The Calvaria team also decided to develop a free-to-play mobile game. This strategy is part of the team's effort to make the Calvaria universe accessible to everyone.
The SONM (SNM) cryptocurrency is largely powered by Binance's Smart Chain and runs on distributed hardware at a customer level, like personal computers and servers. Through its fog computing framework, it promises to give you computing power cheaply.
SNM's internal token can be used to exchange computing power on the self-sustaining market. As a decentralized cloud service, SNM crypto is more secure, fault-tolerant, and free of ownership than centralized platforms.
As the graph above shows, SNM skyrocketed instantly with a massive spike and became all the talk in the crypto market with this sudden surge. The reasoning behind this spike hasn't been identified yet properly, but that didn't stop investors from taking this coin into account when trading.
Despite the unfortunate bankruptcy of FTX, which was one of the reasons for a major bearish crypto market phase, traders and experts have full faith in SNM because of its price prediction.
DT2, TARO, IMPT, & RIA are also considerably appreciated by traders currently because of their excellent price predictions and eco-friendly features, which you need to invest in ASAP before it's too late.
There is no need to look further than the options discussed in this article because they are the best ones out there and investing in them will be a wise move even in such a tough time.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
