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Home Altcoin

The safest cryptocurrencies to buy in the bear market

July 1, 2022
in Altcoin
Reading Time: 2 mins read

These three are value-buy because they are trading at record lows.

Key Point:

  • The market is very bearish, but BNB, ATOM, and BAT have high potential for long-term growth.
  • Not only are these three trading at record lows, but they are also rapidly gaining popularity.
  • This can affect long-term valuation.

The crypto bear market continues to be volatile and Bitcoin is now back at $ 20,000. As long as the bear market continues, altcoin could fall further. There is also the risk that some altcoins may not recover. In the previous crypto bear market, many altcoins went down, but never made a comeback.

However, based on core fundamentals and recruitment levels, certain altcoins are not only more likely to survive, but also have strong rebounds. This is the reason …

Binance Coin (BNB)

Binance Coin BNB / USD is one of the most adopted cryptocurrencies on the market. It started out as a utility token for paying on the Binance exchange, but its use has since expanded with the expansion of the Binance network. Today, investors can bet and trade Binance coins and use them to pay on the Binance smart chain. And hosts for other Binance products.

This use case increases the likelihood that Binance Coin will survive the current bear run and the Bulls will regain control and hit new highs. Such a move could be reinforced by the fact that Binance Coin is a deflationary cryptocurrency, recording a quarterly decline in aggregate supply.

Basic Attention Token (BAT)

Like Binance Coin, the Basic Attention Token BAT / USD has a real utility. BAT tokens are used to power ads and reward Brave Browser users. Over the last few years, Brave Browser has become one of the essential browsers on the market.

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This browser has a high growth potential as it focuses on privacy. This makes BAT one of the more secure cryptocurrencies you can bet on today.

Cosmos (ATOM)

Cosmos ATOM / USD is another cryptocurrency you can bet on. It’s due to the thinking behind it and the fact that hiring is gaining momentum.

Cosmos is what is considered the Internet of Dapps and is a blockchain intended to interconnect other blockchains. This is a big problem because the overall point of decentralized applications is to build a whole new internet that gives more power to users.

In addition to increasing adoption, COSMOS is built on solid technology. The technology behind COSMOS is so powerful that it has been adopted by many other cryptocurrencies. In essence, the growth potential is much higher as more networks continue to boot and interconnect via the COSMOS blockchain.

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