Which cryptocurrencies are showing strong growth in a bear market?

Active growth of cryptocurrencies

The cryptocurrency market, like any other, is subject to cyclical fluctuations. Right now, bearish sentiment is raging, and bitcoin and most of the popular altcoins are falling in value.

Therefore, many investors are looking to build a balanced portfolio with coins that will survive the bearish trends and show good growth. Below we discuss digital currencies with great potential and explain how to independently evaluate cryptoprojects and find promising tokens.

Coins resistant to bear markets

When assembling your portfolio during a cryptocurrency bear market, it’s worth considering investing in altcoins that are currently in the pre-sale phase and have excellent future prospects.

At the same time, it is important to make a balanced assessment of which coins will grow in value, and which projects may become cheaper. The article considers the top 4 altcoins that have attracted a lot of attention from experts, institutional investors, and specialized communities. All of these coins are now being actively sold at the presale stage.

IMPT project token

The voluntary and mandatory carbon offset industry is expanding at a significant pace. And the IMPT ecosystem will change the carbon credit market for the better. It will make it transparent, secure, and in the interests of both businesses and consumers. Experts predict that in 8 years the market of carbon credits will reach an estimate of $50 billion.

Credits made in the form of NFTs are purchased with IMPT tokens. And the latter can be bought for other altcoins or received as cashback, ordering ordinary goods and services from brands cooperating with the project. The list of partners already includes Amazon, Microsoft, Samsung, Lego, Netflix. The number of companies that are ready to provide cacheback has exceeded 10 thousand.

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IMPT tokens can be exchanged for carbon credits or left in the investment portfolio in the expectation of their growth. While the coins are in the second stage of presale, they are worth $0.023. In the next stage of the presale, IMPT will be sold at $0.028.

What are the advantages of the IMPT token:

  • Entering the booming carbon credit market.
  • Attracting solid investments from ESG companies focused on environmental and ecological care.
  • Successful pre-sale launch – investors have invested $13.2 million since launch.

Calvaria project token

The new meta universe Calvaria combines the best of collectible card games, NFT and P2E (play-and-earn mechanics). In it, the user is given access to unique character cards visualized in 3D. The player compiles battle decks and goes to battle one-on-one with another gamer to prove their superiority and get rewarded with RIA tokens for winning.

The altcoin runs on the ERC-20 protocol and forms the backbone of the Calvaria world economy. RIA can be used to buy and sell new cards in the marketplace.

The total supply of tokens is 1 billion, of which 300 million will be available during the presale.

Advantages of the RIA coin:

  • An interesting universe, addictive gameplay, and the ability to play for free make Calvaria attractive to numerous users.
  • RIA owners receive additional income from steaking and the right to vote for the development of the project, so the token turns out to be a profitable investment for the long term.
  • Pre-sales have shown the project’s promising potential – despite the bearish cryptocurrency market, RIA tokens have already been bought for the amount of 2 million USDT.

RobotEra token sandbox games

In the RobotEra meta-universe with several unique continents, users can buy and sell lands made in the form of NFTs, create their own landscapes with robots, explore other players’ worlds, participate in competitions, and exhibit their digital creations in the universe’s museums. RobotEra tokenomics is based on TARO, which is now available for purchase in the pre-sale.

Why the TARO altcoin is promising:

  • World-building platforms such as The Sandbox or Decentraland are very popular, so RobotEra has a good chance of winning the affection of many gamers.
  • There are plans to introduce virtual and augmented reality.
  • TARO pre-sale has just started and the project has already raised 0.2 million USDT.

Dash 2 Trade project token

The cryptoanalytic project Dash 2 Trade is designed for traders and investors. The platform will help with trading signals, social metrics analysis and market sentiment data. In addition, users will have access to a ranked list of cryptocurrency presales, alerts about coin listings, and a trading strategy tester.

The right tools are accessed through one of two pricing plans that can be paid for in the platform’s tokens – D2T. The basic features are free. Analysts believe that the D2T token could perform well in a bearish cryptocurrency market once the presale is over.

Why the D2T altcoin is able to grow in value:

  • The Dash 2 Trade platform is unparalleled in the market both because of its extensive functionality and because of the provision of unique analysis tools. Therefore, it will be used by a huge number of traders from all over the world.
  • D2T has a clear utility, as this token can be used to purchase a subscription to Dash 2 Trade services, as well as to trade on other exchanges.
  • The presale of D2T has exceeded the team’s expectations – 6.9 million USDT has been invested in the project since mid-October, which shows high interest from long-term investors.

Finding promising crypto investments

To determine which coins will grow in value, and which will show negative rate dynamics, you need to carefully study the project. It is absolutely necessary to make sure that it:

  • Has utility. A blockchain project that aims to solve real problems has a high chance of success. In addition, investing in really useful coins eliminates the risk of falling into a cryptocurrency pyramid scheme.
  • Itis designed and developed by an experienced team. It is important to learn about the founders and their professional competencies. The more experienced the developers are, the more likely they are to realize all the conceived plans.
  • Supported by users. Interested communities promote the project in social networks, increase the recognizability of altcoin among ordinary investors, provide good liquidity to the cryptocurrency after its listing on the exchange.
  • Possesses a well-thought-out tokenomics. The coin should ensure the operability of the project, be resistant to the effects of inflation, fairly distributed among holders to exclude the centralization of the system.

Mistakes that investors make in a bear market

The basic principle of investing “buy cheap – sell expensive” works well when the bulls have the final say. If bears rule the market, it becomes very difficult to follow this simple rule. For balanced trading, investors are advised not to make such mistakes:

  • Trading on emotions. Panic moods in the spirit of “everything is gone” make you miss profitable investment options and even sell potentially profitable crypto-assets at a throwaway price. Therefore, you need to keep a cool head and carefully consider each transaction.
  • Lack of strategy. If the bull market somehow tolerates trading without a plan, the bear market does not forgive such a mistake. You always need to know why you buy this or that asset, for what period of time it is purchased, at what price it can be sold.
  • Blindly following others. During a bearish trend, the crowd is prone to unreasonable panic. And those who primarily rely on their own judgment preserve and increase their capital.

Conclusion

Knowing which coins will grow in value will help to make a balanced investment portfolio. It is also important not to forget that by diversifying investments, the negative impact of volatility is minimized. At the same time, the overall risk of portfolio drawdown is also reduced. Thus, promising cryptocurrencies can play a significant role in capital growth.

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Author: Saifedean Ammous, an expert in cryptocurrency economics.

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