The bearish sentiment in the crypto market continues to wreak havoc on asset prices, with Bitcoin struggling below the crucial $30,000 level.
However, not all coins are stuck in a downtrend – some are proving more resilient than others.
In this article, we explore 5 of the best cryptos to invest in while Bitcoin faces an ongoing bearish wave.
1. Bitcoin Minetrix (BTCMTX)
First up is Bitcoin Minetrix (BTCMTX), a new crypto platform that offers a unique way to mine Bitcoin without needing expensive hardware or high electricity costs.
Titled “Stake-to-Mine,” Bitcoin Minetrix allows users to stake BTCMTX tokens to generate credits that can be burned for cloud mining power or a share of the mining rewards.
Users can also stake their tokens regularly to earn additional BTCMTX – with yields currently at 9,240% per year.
The development team’s ultimate goal is to democratize BTC mining and make it accessible to anyone who wishes to earn crypto passively.
Unlike other cloud mining platforms, Bitcoin Minetrix has no upfront fees or hidden charges, setting it apart from the many low-transparency projects in the space.
Although the platform is still in development, prospective investors can buy BTCMTX tokens before their market debut, with the entry price set at just $0.011.
With over $150,000 raised already, there’s clearly significant interest in Bitcoin Minetrix, priming it as one of the best cryptos to invest in while BTC struggles.
2. Meme Kombat (MK)
Another new project that’s capturing investors’ attention is Meme Kombat (MK).
This innovative platform includes an AI-powered battle arena featuring famous meme characters like DOGE, Pepe the Frog, and Wojak.
The characters are pitted against one another, with battle results confirmed on-chain – and users can bet on the winner of each battle to earn MK tokens.
MK is Meme Kombat’s native token and can also be used for staking to earn rewards, which are currently estimated at 112% APY.
Unlike most meme coin projects, Meme Kombat has a fully-doxxed founder and comprehensive roadmap, indicating that the development team is in it for the long haul.
Like Bitcoin Minetrix, Meme Kombat is still in its presale phase and has raised over $110,000 in its first week.
With the token now drawing attention from high-profile influencers like Joe Parys Crypto, Meme Kombat is undoubtedly one that investors may wish to keep an eye on.
3. TG.Casino (TGC)
TG.Casino (TGC) is the world’s first fully licensed online crypto casino that runs exclusively on the Telegram messenger app.
This comprehensive gaming ecosystem includes slots, live dealers, table games, and sports betting markets, ensuring users always have a variety of options for entertainment.
With its no-KYC policy, TG.Casino offers a seamless user experience, allowing players to instantly fund their accounts with crypto and start gaming anonymously.
The casino’s native token, TGC, has a limited supply of 100 million and a deflationary mechanism designed to increase its value over time.
TGC holders can enjoy various, including staking rewards, gaming rewards, and access to exclusive features.
Combine this with Telegram’s base of over 700 million monthly active users (MAUs) and TG.Casino looks well-positioned to tap into a large and engaged audience.
TG.Casino is currently in its presale phase, meaning early-bird investors can buy TGC at the low price of $0.125 per token.
The presale has already raised over $250,000 and aims to raise $1 million – meaning investors only have a narrow window to get in at the ground level before the token is publicly listed.
4. Chainlink (LINK)
Chainlink (LINK) has been one of the standout performers in the cryptocurrency market over the past week, currently the eighth most-traded coin globally.
This innovative platform enables non-blockchain firms to securely connect with blockchain networks – all while remaining decentralized.
Chainlink’s service benefits many entities, for example, if a decentralized application (dApp) requires access to real-time stock market data.
LINK, Chainlink’s native token, is the fuel that powers the Oracle network – although many investors opt to purchase LINK to gain financial exposure to the network’s growth.
Given these factors, Chainlink is one of the best cryptocurrencies to buy right now for those interested in a project with real-world utility and a proven track record.
5. Frontier (FRONT)
Lastly, Frontier (FRONT) is an innovative decentralized finance (DeFi) aggregator and Web3 wallet, taking a chain-agnostic approach that allows it to support multiple blockchains simultaneously.
For example, Frontier can work with Ethereum, Binance Smart Chain, Harmony, and more – providing a unified DeFi experience for users of many networks.
The development team aims to tackle fragmentation within the DeFi ecosystem, offering users a one-stop shop for staking, liquidity mining, and asset management.
With an experienced team and strong partnerships, Frontier appears well-positioned for future growth.
Currently, Frontier’s native token, FRONT, is trading for $0.361 – yet it is up by 150% over the past month.
This impressive price rise hints that FRONT may be gaining significant traction, indicating it could be another trending crypto to watch in the remaining months of 2023.