If you can pick the correct altcoins during a bear market and hold them until the next bull run, you have potential to make some serious money.
In the midst of a crypto winter and with Alameda’s recent collapse, many experienced investors and those new to cryptocurrency are experiencing pessimism.
Although this may not seem like the ideal time, for investors who are willing to do their research and take risks, it is a golden opportunity. A bear market gives you the chance to invest in assets at a significantly lower price than usual. If you can choose wisely and wait until the next bull run, you stand to make a lot of money.
These altcoins have the potential to go big in the coming years:
Ape Coin (APE)
Ape Coin is the utility token of Bored Ape Yacht Club (BAYC), used for theirinfamous NFT collection. The Ape Coin is a decentralised ERC-20 governance and utility coin, allowing holders to vote on the network via the Ape Coin DAO (Decentralized Autonomous Organization).
Because of the immense popularity of Bored Ape Yacht Club’s (BAYC) non-fungible tokens, it is highly likely that the price for Ape Coin will increase in succeeding years. Wallet Investor AI anticipates a +956.99% surge in APE’s value within the next 5 years.
Battle Infinity (IBAT)
What is gaming platform? A revolutionary way to provide play-to-earn (P2E) opportunities, by using blockchain technology to upend the status quo.
Battle Infinity uses gaming, the metaverse, and blockchain technology to create a decentralized experience in which players and creators own their game assets.
The games are all integrated into the Metaverse’s IBAT Battle Arena. Not only can gamers in the Battle Infinity world play and fight here, but they can also engage with one another, as well as perform, observe, and explore the virtual environment of the arena. There is a high chance that this platform will go mainstream very soon—which would propel the price of IBATs in near future.
In Decentraland, a decentralised virtual world powered by the Ethereum blockchain, you can discover and play games and activities. You can also purchase land to develop your own environments, marketplaces, and apps.
Not only can users host live music concerts and conferences in this virtual world, but they can also monetize their content and applications.
The MANA cryptocurrency is indigenous to this ecosystem and has shown potential for high returns in the future.