3 Best Altcoins to Invest in 2022 Bear Market

Bitcoin has fallen below the $27,000 mark as the cryptocurrency sell-off continues. According to CoinMarketCap data, the price of Bitcoin was recently down nearly 9% to $26,848 on Thursday. The significant decline comes after the US Bureau of Labor Statistics published higher-than-expected consumer prices in April, prompting investors to liquidate riskier assets like cryptocurrency. Meanwhile, the price of Ethereum has dropped by more than 23%. Best time to invest in Altcoins? One thing that hasn’t changed for the crypto world is:Buy the fear, sell the greed. This article will introduce the top 3 altcoins we think will grow big in the next bull run. 1. Avalanche — AVAX Avalanche, a smart contract blockchain similar to Ethereum, debuted in September 2020 and has since risen to the top ten cryptocurrencies. Avalanche was created to address some of the drawbacks of previous cryptocurrencies such as Bitcoin and Ethereum. Avalanche offers one of the most cutting-edge blockchain architectures in the industry. Its operational structure is made up of three different blockchains. Avalanche is able to optimize for flexibility, performance, and security without large trade-offs by dividing its architecture across multiple blockchains. Trade AVAX here. 2.NEAR Protocol — NEAR NEAR was developed in 2018 as a platform for constructing decentralized applications utilizing smart contracts, and it was opened for trade in 2020. It has since risen to the 29th largest cryptocurrency by market capitalization. NEAR works similarly to other centralized data storage systems such as Amazon Web Services (AWS), which provide as the foundation for application development. NEAR, on the other hand, is managed and operated by a distributed network of computers rather than by a single institution. Right now NEAR is trading around $6, a third from its all-time high of $18. Trade NEAR here. 3. Cosmos — ATOM Cosmos is a decentralized network of separate parallel blockchains powered by BFT consensus algorithms such as Tendermint consensus. In other words, Cosmos is a blockchain ecosystem that can scale and communicate with one another. Blockchains were previously isolated and unable to communicate with one another. They were difficult to construct and could only handle a few transactions per second. Cosmos employs a novel technical approach to address these issues. Right now ATOM is trading around $10, a fourth from its all-time high of $40. Trade ATOM here Trading Cryptos is extremely risky, please do your own research before investing any money in it. __________________________ BitYard Exchange: BitYard.com Customer Support: Support@bityard.exchange Business Request: bd@bityard.exchange BitYard Telegram Communities BitYard News & Events — https://t.me/BITYARDNEWS English — https://t.me/BityardEnglish --- 3 Best Altcoins to Invest in 2022 Bear Market was originally published in BitYard Token Insight on Medium, where people are continuing the conversation by highlighting and responding to this story.
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