Top 3 Coins Set to Thrive in a Crypto Bear Market
The post Top 3 Coins Set to Thrive in a Crypto Bear Market appeared first on Coinpedia Fintech News
2024 has been a year of highs, lows, and many flat charts. FUDders will tell you we’ve slipped back into a bear market, but let’s not get all doom and gloom. It’s not the market that makes the trade; it’s the ability to profit from volatility.
Here, we’ve looked at the top 3 coins we think offer the chance of strong returns, even if a crypto bear market does temporarily materialize. Our focus has been finding the best returns for retail investors looking for high multipliers. The best options are:
1. Poodlana
2. Ripple
3. Notcoin
- Poodlana—the meme coin going viral in Asia
Poodlana has waltzed onto the scene with a knowing grin and more jewels than the British royal family. Appealing to markets with a love of luxury goods and a passion for poodles, it’s no surprise that Poodlana raised $700k within only 24 hours of its debut on the 17th of July, primarily driven by massive interest in the Asian markets.
POODL, priced at only $0.02, is a new meme coin on the Solana blockchain positioned to disrupt the top spots that the same tired breeds have thus far claimed. What distinguishes this ICO from so many others is that Poodlana has already confirmed it will list on its first DEX on the 16th of August. With a virality driven by the Asian market, it’s only a matter of time before global buyers arrive on the scene. Then, POODL could truly moon, earning early holders a potential 1000x on their investments.
Furthermore, Poodlana’s appeal taps into more than just the crypto community—it intersects with the world of luxury and fashion. As Lior Cole mentioned in Forbes, “It’s just a matter of time before something makes blockchain ‘click’ for fashion,” and it seems Poodlana is the one to bridge that gap. Its unique blend of luxury and novelty makes it an attractive asset for crypto enthusiasts and trendsetters.
If it follows the insane trends we’ve seen rampage out of the Asian market (think Shiba Inu and Dogecoin), there could be a 1000x pump on the horizon.
Head to the Poodlana website to purchase POODL tokens today.
- Ripple – back from the dead
Anyone who got into XRP in the good old days of 2018 probably shouldn’t read this. The trauma was real. But it is hard to deny that 2024 has seen XRP rear its head again and in a much more positive way. July has seen an influx of investment that’s drawn extra attention to the project.
It’s had its fair share of regulatory challenges but demonstrated solid resilience in the last year and has received attention for its fast, low-cost international transactions. Partnerships with financial institutions and ongoing technological improvements indicate Ripple and XRP are likely here to stay. While it might not be the investment that turns $100 into a ‘wen lambo’ miracle, it is probably worth consideration at the moment.
If it can survive the SEC, it can likely overcome this little crypto bear market we’re allegedly bogged down in. Furthermore, Ripple’s partnerships with traditional banking could see a broader adoption of XRP.
- Notcoin – DeFi meets Telegram
Notcoin has garnered a lot of attention recently as a simple clicker game available as a Telegram Mini App. You only need to tap an image of a shiny coin to earn bonuses and rewards.
Leaning into SocialFi, Notcoin users create their own ‘Squads’ with friends and compete for top place on leaderboards. This addictive feature has helped Notcoin grow in popularity. Notcoin has launched on TON (the ticker is NOT) and is a new project to help propel the TON blockchain forward.
It could be an interesting option for those who like to get in early and see where a project goes. We liked the added marketing layer that incentivizes new projects to submit within the TON ecosystem and leverage Notcoin’s go-to-market services. If this pans out well, TON and, by default, Notcoin’s price could appreciate as more developers join the ecosystem.
