Altcoins are growing substantially in the bearish market amidst the crypto crash in 2022

Altcoins are gaining more and more attention from crypto investors despite having popular cryptocurrencies such as Bitcoin. There are thousands of cryptocurrencies in the bearish market that promise to drive profit in crypto wallets. Altcoins are highly popular for being functional and valuable with unique features to differentiate tokens from other cryptocurrencies in the bearish market. Crypto investors are ensuring to invest in altcoins to drive profit in crypto wallets apart from Bitcoin. Let’s explore some of the top ten altcoins that are on the verge of a breakout in the 2022 bearish market for crypto investors to gain in their crypto wallets.

 

Top ten altcoins set for a breakthrough performance in 2022
Cosmos Network

Cosmos Network is one of the top altcoins to break out in the bearish market for crypto investors. ATOM aims to transform the entire blockchain sector through the combination of unique protocols helping to bring the financial industry together. It is a popular network of blockchain networks. At the time of writing, the current price for crypto wallets is US$9.90 with a market rank of 26. This altcoin is set to make blockchain technology less complicated for developers.

 

Harmony

Harmony is one of the leading altcoins on the blockchain platform designed to facilitate the use of decentralized applications. It is focused on innovating different ways of decentralized applications work by focusing on random state sharding for crypto investors to drive profit in crypto wallets. Crypto investors expect the altcoin to introduce cross-shard contracts as well as cross-chain infrastructure in the bearish market. At the time of writing, the current price for crypto wallets is US$0.02402 with a market rank of 105.

 

Cardano

Cardano is a popular altcoin and in the list of top ten cryptocurrencies in the global bearish market. It is a Proof-of-Stake blockchain platform to bring positive global changes to drive profit in crypto wallets. The goal is to redistribute power from unaccountable structures to the margins to individuals. One of the top altcoins is designed to guarantee that crypto investors can participate in network operations. At the time of writing, the current price for crypto wallets is US$0.4873 with a market rank of 8.

 

THORChain

THORChain is one of the well-known altcoins with a decentralized liquidity protocol that can allow crypto investors to exchange cryptocurrencies seamlessly. It helps to exchange cryptocurrencies without losing any custody in the entire process. Crypto investors can swap one cryptocurrency for another without any source of liquidity. At the time of writing, the current price for crypto wallets is US$2.62 with a market rank of 53.

 

Polkadot

Polkadot is one of the top altcoins as an open-source sharded multichain protocol for connecting and securing a network of specialized blockchains and facilitating the cross-chain transfer of data and cryptocurrencies. It was designed to offer a foundation for a decentralized internet of blockchains and provide a foundation to support a decentralized web. At the time of writing, the current price for crypto wallets is US$7.32 with a market rank of 12.

 

Chainlink is a leading altcoin as a blockchain layer allowing universally connected smart contracts to drive profit in crypto wallets. It helps to allow blockchains to securely interact with external data feeds and payment methods for crypto investors. It is driven by a large open-source community of data providers, crypto investors, and many more. At the time of writing, the current price for crypto wallets is US$6.77 with a market rank of 23.

 

NEAR Protocol

NEAR Protocol is one of the top altcoins and a layer-one blockchain designed as a community-run cloud computing platform. It helps to remove limitations creating obstacles in competing blockchains like transaction speeds, poor interoperability, and many more. It introduces unique solutions with its consensus mechanism known as Doomslug. At the time of writing, the current price for crypto wallets is US$4.13 with a market rank of 25.

 

Phantom

Phantom is one of the leading altcoins in the bearish market offering a friendly crypto wallet for crypto investors to collect NFTs on the Solana blockchain. It provides a safe home to all NFTs while earning Solana tokens efficiently and seamlessly with lightning-fast swaps and super low fees.

 

Polygon

Polygon is a well-known altcoin as well as the first well-structured and easy-to-use platform for Ethereum scaling and infrastructure development. It is a modular and flexible framework supporting multiple types of applications. Crypto investors and developers can create optimistic rollup chains, ZK rollup chains, and many more. At the time of writing, the current price for crypto wallets is US$0.8323 with a market rank of 13. This altcoin is a layer-2 scaling solution backed by Binance and Coinbase.

 

Stacks

Stacks is one of the leading altcoins as a layer-1 blockchain solution designed to bring smart contracts and decentralized applications to Bitcoin. The decentralized applications are open and modular and use Bitcoin as the base layer. The token is used for fuelling the execution of smart contracts on the Stacks 2.0 blockchain. At the time of writing, the current price for crypto wallets is US$0.422 with a market rank of 71.

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