While some might call the recent lows in the market ‘crypto winter’, smart investors are describing the drop as a ‘crypto sale’ and continue stacking their digital wallets. Even if the market did not reach last year’s highs, crypto is starting to trend upward, knowing that declines and increases are natural in crypto market. While skeptics call crypto ‘an empty bubble destined to burst,’ there are assets you should keep an eye on if you are looking for potential gain.
Bitcoin (BTC) investment is probably a good idea for every crypto investor to have some BTC assets in their digital wallets as it is by far the largest crypto by market cap. Once the crypto market starts rising, Bitcoin will be one of the first coins to bring returns. As more S&P 500 companies follow Tesla’s example by adding BTC to their balance, institutional adoption will be an excellent chance for this asset’s holders.
Ether (ETH) is widely adopted by investors looking to join blockchain-based games, purchase non-fungible tokens and get altcoin issuance. ETH hodlers are looking forward to ‘The Merge,’ an event that will make Ethereum less scalable, more expensive and switch from an energy-inefficient proof-of-work algorithm to a less complex proof-of-stake mechanism. Although the exact date for the big merge is not announced yet, the rumors and expectations are for some time this year, and you are not late to jump Ether’s train.
Cardano (ADA) has always been a blockchain-to-watch in the market. However, the price reached a new level when Cardano Foundation introduced the Alonzo hard fork last year, bringing smart contracts to its blockchain. Still, ADA is more of a ‘set-it-and-forget-it’ asset as the price is rising slowly compared to the bigger cryptocurrencies.
ApeCoin (APE) is often classified as the ‘meme-coin,’ however, the ApeCoin ecosystem is developing steadily, and creators have already introduced Bored Ape Yacht Club NFTs, the Mutant Ape Yacht Club NFTs, and the Otherside metaverse, which helped ApeCoin to reach new price heights. As the creators Yuba Labs and APE DAO are looking to introduce more additions to the ecosystem, APE could be an asset widely adopted later this year.
$BBANK (blockbank) is a relatively safe coin if you are looking for passive earnings. Blockbank offers staking options with up to 24% APY (annual percentage yield), and there is no minimum staking requirement — you can start at as low as 1 $BBANK. Investors can download blockbank app on Google Play Store and App Store, or connect their Ethereum or Binance wallets to purchase $BBANK.
Disclaimer — this is not financial advice, and you should do your research independently before depositing your funds into particular assets.
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