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03/10/2023

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5 Best cryptocurrencies to invest in during the bear market

Experienced investors know that a bear market can be every bit as rewarding as a bull market.

5 Best cryptocurrencies to invest in during the bear market

Experienced investors know that a bear market can be every bit as rewarding as a bull market. The key is knowing when and where to invest. Here are 5 of the best cryptocurrencies to invest in during the current bear market: mobile crypto gamer Meta Masters Guild (MEMAG), industry giant Bitcoin (BTC), leading meme coin Dogecoin (DOGE), top developer Polygon (MATIC), and Play-to Earn (P2E) company Metacade (MCADE). Read on to see who comes out on top.

MEMAG

There’s a genuine buzz in the market following the launch of Meta Masters Guild (MEMAG). Many analysts believe the P2E sector is set to rocket in 2023, and Meta Masters Guild (MEMAG) is perfectly placed to tap into that demand. The company’s games portfolio includes Meta Kart Racers, Meta Masters World and Raid NFT - all designed for mobiles, and all featuring playable NFTs that can be purchased, won, staked and traded.

In an increasingly competitive market, Meta Masters Guild (MEMAG) differentiates itself in a number of ways. First, the games are superb fun, easy to play, and don’t require a big, up front investment to start. Next, gamers enjoy truly amazing graphics, landscapes and gameplay, for a totally immersive experience. And finally, players can win, purchase, trade and swap valuable NFT’s in game. 

So why should investors choose Meta Masters Guild (MEMAG)? A sold-out presale, a brilliant team of crypto and gaming experts including Gamearound, the massive potential of mobile crypto gaming - but most importantly of all, entertaining P2E games that are fun, immersive and rewarding to play.

Meta Masters Guild - Buy token right NOW

BTC

It might seem a bit obvious to include Bitcoin (BTC) in the list of 5 best cryptocurrencies to invest in during the bear market. But sometimes biggest really is best. Bitcoin (BTC) still dwarfs its competitors, with a market cap that’s bigger than the value of the other top ten cryptos combined. And it’s now an established part of any balanced portfolio, be that with traditional or crypto investors. 

History teaches us that recessions aren’t forever, wars eventually end, and markets bounce back. It also teaches us that Bitcoin (BTC)’s price has always recovered when economies recover. That makes the current bear market price doubly attractive.

DOGE

Dogecoin (DOGE) tends to divide opinion with investors. Who needs a meme coin during a bear market, say the critics of Dogecoin (DOGE)? And what if other tokens, with better value propositions and more functionality, take its place when the market recovers? Those are valid points, but they ignore the enduring popularity, high market cap and top ten crypto standing of Dogecoin (DOGE).

But the real reason Dogecoin (DOGE) is included here is clear. If Elon Musk does decide to integrate Dogecoin (DOGE) with Twitter payment systems, suddenly the game changes, and a whole new vista opens up. Dogecoin (DOGE) is a chance worth taking, especially with the great value to be had now.

MATIC

Polygon (MATIC) is a Layer-2 scaling solution that successfully addresses the familiar issues of Ethereum (ETH), namely the latter’s slow transaction processing speeds, its high cost, and its lack of flexibility. Polygon (MATIC)’s advanced and powerful technology is scalable and easy to use. That’s a combination that has made it hugely popular with developers, retailers, social media brands … and, in turn, investors!

Polygon (MATIC) was one of the few companies that actually bucked the downward trends following FTX’s crash, and that should tell you all you need to know. Even - and especially - in a bear market, Polygon (MATIC) remains one of the best cryptocurrencies to invest in.

MCADE

Metacade (MCADE) is another company that’s poised to benefit from the projected surge in demand for P2E games. Metacade (MCADE) proposes an absorbing mix of classic arcade and new metaverse games, but it’s not just aimed at P2E gamers. Developers, crypto fans and entrepreneurs can also use Metacade (MCADE) as a platform to develop new games, to recruit staff, and to generate income through staking and trading.

If you’re quick, you can still avail of the Metacade (MCADE) presale, but even if you miss out, the company still has the potential to deliver a really great return in 2023.

The Final Verdict

A bear market typically brings down the value of all companies, even those with a decent track record, solid backing and a sound business model. That’s unfair, but it’s also good news for canny investors who are willing to play the long game.

All of the companies listed here look set to enjoy a healthy future, but it’s Meta Masters Guild (MEMAG) that really stands out. The successful presale is proof of the concept, and the current price looks great value when you factor in the great range of games, the experienced team involved, and the massive potential of the P2E market. Invest now before the bear market ends and prices start to rise!

Meta Masters Guild - Buy token right NOW

Buy MEMAG NFTs: Memag.io

Twitter: Join MEMAG Twitter

Telegram: Telegram: Join Group Chat

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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