10 Cryptocurrencies that might not sustain the massive bear market
This list is not a prediction of which cryptocurrencies will be the best investments in 2022. It is just a list of cryptocurrencies that might not sustain the mass-bear market, which we are currently witnessing. There are many factors that could affect the price of these cryptos, and their prices might move at different rates. These factors include the adoption of blockchain technology in various industries, as well as efforts to increase awareness about cryptocurrencies in general. Here is a list of 10 cryptocurrencies that might not sustain the current mass bear market:
Cardano
The number one cryptocurrency on this list is Cardano, which has been struggling to break out and support its price against other currencies in the cryptocurrency market. It might be one of those coins that will go down with the bear trend if it continues. Moreover, the coin failed to sustain the cryptocurrency market during 2017. The data shows that in 2017, Q1 and Q2 Cardano lost about 15% of its price against bitcoin. Cardano’s market cap went down to about $1.6 billion in early 2018 but since then, there has been a significant increase in its market cap, making it one of the most valuable cryptocurrencies on the world today.
On January 12th 2018, Cardano had an all-time high at $1. 32. It dropped to $0.38 on February 1st, 2018. In February, the price of Cardano fell even further to $0.25 before it started a steady climb back up to its all-time high of about $1.06 in March 2018.
Since March 2018, the price of Cardano has dropped over 80% from its all-time high, and has gone down to less than 50 cents at the time of writing this article, May 8th 2019. If the current mass-bear market continues and Cardano does not start to support its price against the rest of the market, Cardano might become an irrelevant cryptocurrency in 2022.
Shiba Inu
The cryptocurrency Shiba Inu might not sustain the mass-bear market that we are currently witnessing. It is one of the most valuable cryptocurrencies on the market today. This cryptocurrency was created by a person named “Splux” and it has a supply of nearly 100 billion tokens, giving it relatively high circulation. However, Splux doesn’t seem to be interested in marketing or developing this coin further and there isn’t much interest in its development on social media channels either.
In addition to that, there are a number of social media posts that are circulating online claiming that the developers of this cryptocurrency have scammed people out of their money. However, there is not much information about this on Reddit or Twitter but it might be a sign of things to come for this cryptocurrency.
On January 12th 2019, Shiba Inu had an all-time high at $0.9109. It dropped to $0. 6 on February 1st, 2019 and has been dropping ever since. It is currently valued at about $0.37 in May 2019. The number two cryptocurrency that might not survive the mass-bear market is Nano. It was created by Colin Lemahieu and some developers in 2014, but the main developer of this cryptocurrency is a person named Zack Shapiro, who has developed a number of interesting projects that were compensated in Nano including BitGuild, JoyStream and GameWisp.
Since its inception, this cryptocurrency has had a significant amount of hype around it due to the unique features that it offers. However, the current bear trend seems to be affecting the price of this cryptocurrency as well.
Terra
The cryptocurrency Terra, which is a fork from Bitcoin, might not survive the mass-bear market that we are currently witnessing. It was created in early 2017 and has been struggling to keep its price against other crypto coins in the market. Currently, the price of Terra is about $0.1300, which is a significant drop from its all-time high of $1.28 in January 2018. It might not be such a great idea to invest in this cryptocurrency, given that its success depends on the success of other cryptocurrencies in the market.
On January 12th 2018, Terra had an all-time high at $1. 28. It dropped to $0. 24 on February 1st, 2019 and has been dropping ever since. It is currently valued at about $0.13 in May 2019. The cryptocurrency Dash might not survive the mass-bear market either, which is one of the most valuable cryptocurrencies in the market today, ranking at number 6 as of May 8th 2019.
According to CoinMarketCap, there have been a number of tweets online claiming that the developers of this cryptocurrency have scammed people out of their money and it is not a secure coin to invest in. The price of Terra has dropped since its all-time high of $3. 09 on January 12th, 2018.
TerraUSD
On January 12th 2018, Terra had an all-time high at $3. 09. It dropped to $0.9 on February 1st, 2019 and has been dropping ever since. It is currently valued at about $0.51 in May 2019. The fifth cryptocurrency on the list of cryptocurrencies that might not survive the mass-bear market is Dash, which is one of the most valuable cryptocurrencies in the market today, ranking at number 6 as of May 8th 2019.
The bear market that we are currently seeing might not be a coincidence. All crypto coins in the market may be at risk of being shed due to the mass-bear trend that has been going on for the past two months. If a cryptocurrency cannot survive this trend, then it may become irrelevant in 2022.
Apecoin
The cryptocurrency Apecoin, which has a market cap of about $1.4 billion on May 8th 2019, might not survive the mass-bear trend that we are currently experiencing in the market. In May 2018, Apecoin had an all-time high at $2.44. That was a significant increase from its price of roughly $0.38 when it first started trading in December 2017.
However, since then there has been a significant drop in its price and it is now valued at about $0. 20 on May 8th 2019. Apecoin has a number of benefits for people who want to buy it, but it does not have a significant user base or its developers are trying to market it in order to give them value.
In addition to that, there haven’t been any significant developments for this cryptocurrency recently which might make it an irrelevant cryptocurrency in the markets of 2022.
If you are thinking about investing in a cryptocurrency in the current bear market, you should also take into consideration some other important things: The overall demand for the coin, its user base, development status and marketing efforts from the developers. These are just some of the things that can help a cryptocurrency survive the mass-bear trend that we are experiencing today.
Zcash
Zcash might not survive the mass-bear market that we are currently experiencing in the cryptocurrency market. Zcash was created in 2016 by some developers at Johns Hopkins University and has had its ups and downs even through 2018.
In May 2018, it had an all-time high of $3. 27 but then there was a rapid decline in its price afterwards. At the time of writing this article, its price is at $104.52 which is significantly lower than its all-time high. It is still in the list of Top 100 cryptocurrencies by market capitalization and has a significant value of about $1.5 billion.
It is currently a profitable cryptocurrency to invest in because it was created for secure transactions, which many people in the market are looking for. However, there could be some negative news about it at some point which might cause its price to go down even further.
Cosmos
Cosmos could be an irrelevant cryptocurrency by 2022. Cosmos was created in 2014 and is currently valued at $1.36 on May 8th 2019. It has an all-time high that was reached in January 2019 at $3.54, which was a significant increase from its value of $0.5 on December 2017, when it first started trading. The price of this cryptocurrency has fallen significantly since its all-time high and its trading volume has dropped as well. It is currently ranked at the number 97 spot on CoinMarketCap’s list of cryptocurrencies.
As unique and useful as this cryptocurrency is there may be some negativity about it which might make it irrelevant in the market in a few years. It is currently making its way into many different markets, which might not be a good sign for its future. However, it does still have a number of advantages over other cryptocurrencies in the market because it has been created by some of the best engineers at some of the top universities in the world.
Elrond
Elrond might not survive the mass-bear market that we are currently experiencing in the cryptocurrency market. It was created in July 2018 and has had a few ups and downs during its short history. It fell from a value of roughly $1.22 to $0.37 on January 8th 2019 but recovered slightly until it fell again to current levels of $0.42, which is roughly its all-time high at this point in time.
As of May 8th 2019, it is ranked at the number 177 spot on CoinMarketCap. The market is not yet ready for a cryptocurrency like Elrond, which has very similar properties as Ripple (XRP). This could be an indication that its price might drop in the future or that it might not even survive the bear market.
It is still a relatively new currency in the markets and still has a large trading volume with its market cap being over $40 million. This might cause it to thrive in the markets, but it does not have a significant user base yet, which could be a negative sign for its future.
Avalanche
Avalanche is a relatively new currency which was created in December 2017. It has been gaining popularity since then, but it is not as valuable as other cryptocurrencies that have been around for a longer period of time. At the current price of $1.02, it has an all-time high value of $2.12, which was reached on March 25th 2019.
It has declined significantly in value since this point in time and does not have the potential to reach its all-time high of $2.12. It is currently ranked at number 174 on CoinMarketCap’s list of cryptocurrencies and its trading volume has been dropping steadily for the past 6 months.
It could be an important start-up going forward but if it does not survive this bear market, it might become irrelevant in the long run. It is still a relatively new cryptocurrency and so far has not been able to demonstrate how useful it will be in the long run.
The bear market is going to last for at least another year. Many people are feeling hopeless in the current situation, but when all of this pain is over, it will be a great time to invest in cryptocurrencies again. It this article I have tried to provide you with some important factors that can help you decide which ones are going to survive these markets.
Uniswap
Uniswap is a decentralized cryptocurrency exchange that was created in 2018. It was founded by the same developers as Kyber Network, which allows traders to exchange their cryptocurrencies quickly and with no fees. It has an all-time high of $1.37 on May 8th 2019 and a current price of $0.75 which means that there is a lot of demand in the cryptocurrency markets for this coin at this point in time.
It has proven to be valuable to many traders because it allows them to exchange their cryptocurrencies without fees and also for a very low fee compared to other decentralized exchanges like Zaif. It is ranked at number 141 which makes it quite popular on CoinMarketCap’s list of cryptocurrencies as well.
The developers of Uniswap have stated that this will be an “upgrade to DEX”, and that it will be aimed at the “next billion users”. Many people are skeptical about this though because there are already a lot of decentralized exchanges available for cryptocurrencies.
