The crypto market remains volatile. Bitcoin (BTC) and Ethereum (ETH) are still struggling to regain their value. However, the current decline is temporary and an upward trend is expected, especially for the top cryptocurrencies. A recent study shows that the market share of cryptocurrency exchanges from the highest level since October 2020 has continued to grow significantly. Which top level coins will survive in 2022? Bitcoin (BTC), Cardano (ADA), Gnox Token (GNOX), Dogecoin (DOGE), and Fantom (FTM) are sending positive signals that their market leadership may continue.
The world’s first decentralized cryptocurrency, Bitcoin (BTC), has also fallen victim to the crypto market crash, currently trading at $29,906. However, due to its pioneering nature, BTC remains at the forefront of this dynamic market after more than a decade of existence.
Even if Bitcoin loses its undisputed dominance, it will remain the largest cryptocurrency. According to market forecasts, Bitcoin is expected to reach $100,000 by the end of 2022, making BTC a key investment option that will survive the current bear of 2022.
Cardano is a proof-of-stake (PoS) blockchain platform that has been one of the strongest top-tier cryptocurrencies and remains in the green despite the market crash. The price of ADA jumped 50% in early June, driven by increased activity on the Cardano blockchain. Additionally, Cardano is gearing up for its biggest hard fork update, Vasil, which is scheduled for June 29 and is expected to raise ADA prices, making Cardano a solid investment choice in 2022.
Gnox Token (GNOX)
Gnox is a new reflective token based on a “Yield Farming System” that offers crypto investors up to 50% APY returns. Gnox will launch on Binance Smart Chain (BSC) in Q2 2022. It is currently in a pre-sale phase, accepting payments from most of the largest blockchains and has seen a 52% price increase. Despite a strong bearish market pattern, the Gnox price pattern remains solid. Its innovative yield-growing mechanisms and many other benefits for early bird investors make GNOX a great addition to your portfolio.
Dogecoin (DOGE) is based on the popular internet meme “doge” and has Shiba Inu on its logo. Since its rise in popularity and value a few years ago, DOGE has paved the way for hundreds of other tokens in the industry.
Dogecoin differs from Bitcoin’s proof-of-work protocol in many ways, including its use of Scrypt technology. Elon Musk’s Favorite Crypto It is currently trading at $0.078. However, according to the Dogecoin price forecast, DOGE will maintain its top-tier crypto status and is expected to be $0.30 by the end of 2022, $0.77 by 2025, and $1 by 2030.
Fantom is a decentralized open-source smart contract platform for DeFi applications and digital assets, built as an alternative to Ethereum. With low transaction costs, fast execution and many other features, analysts’ predictions about FTM’s price development remain optimistic. FTM has made huge gains and has seen a price increase of over 10,000%. Despite prevailing market conditions, Fantom is expected to regain value in 2022 and survive an aggressive bearish pattern.
While BTC, ADA, DOGE and FTM are long-term market players, Gnox (GNOX) is a new entrant and bear market survivor worth a try.
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