The last few weeks have been an interesting time in crypto. A month or so ago, people were declaring the bear market was in full force. ETH and BTC dipped below supposed support limits, and all bets were off. Many pulled out their savings, people thought the absolute bottom for BTC could even be as low as the hundreds. Some even thought zero. That’s the problem with coins whose price is mostly based on sentiment.
But then something interesting happened… They started to recover. With a global economic recession looming, people were predicting much bigger losses. They didn’t happen. Altcoins began to rise. The big coins like ETH and BTC consolidated somewhat, and started to recover. Sentiment changed almost overnight—with more people believing now is the perfect opportunity to “buy the dip”.
And it’s important to remember that with crypto—recent losses aren’t because of the underlying fundamentals of crypto. It’s a global economic issue, and traditional stock markets have been hit hard too. But people were predicting much worse. And while nobody’s sure how long the bear market will continue, or if there will be more losses—bullish sentiment is on the rise. Especially for the long-term. Coins that survive now could be set up for huge pumps when the wider market conditions improve. Some analysts believe a bear run is on its way. So where should you put your investments to make the most of this?
Uniglo (GLO)
The important thing about GLO is that it isn’t sentiment-driven like many other cryptocurrencies. It has a truly provable fully backed store of value. A gold standard, that actually includes gold. It can’t be printed, and has a dual-burn mechanism to limit supply and increase scarcity as time goes by. And it doesn’t rely on the price of coins like BTC to succeed, unlike most other altcoins out there. GLO is still available at a discount during pre-sale, making it the ideal opportunity for you to pick up this coin before it goes big.
Tenset (10SET)
Analysts love Tenset, a platform that’s currently revolutionalizing investment opportunities in the crypto space. Built as an investment fund or ETF, Tenset offers users the solutions they might be used to in traditional finance, but with a next-generation crypto twist. For users who want to rely on the expertise of experienced hedge fund managers and let their money work passively for them, Tenset could be the perfect opportunity.
Zilliqa (ZIL)
As a development ecosystem in the blockchain world, Zilliqa makes it as easy as possible for anyone to create their own blockchain apps and more. Zilliqa is curently available for around $0.03 and experts think this is a great discount price. Many are starting to buy the dip on ZIL.
These crypto projects all offer great opportunities for savvy investors. Now could be the perfect chance to add them to your portfolio.
Find Out More Here:
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Website: https://uniglo.io
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