tThe cryptocurrency market is in a large decline right now, which began in Nov 2021 when cryptos hit their all-time highs and started to retrace. Bitcoin has lost almost 70% of its value compared to this time last year. This downtrend is associated with several things starting from Tesla suspending car purchases through Bitcoin and China’s regulations on crypto purchases to rising interest rates, and inflation. One of the recent factors that influenced the process is the collapse of the popular FTX crypto exchange, which started in November with many people unable to withdraw their funds from the exchange. However, many crypto investors see this as an opportunity to buy coins at their lowest prices and benefit when the market recovers and the prices soar again. So which cryptos are reasonable to buy right now that can have huge potential for growth once the prices rise again? In this guide, we have introduced the 12 best cryptos to buy in the crash, explained them in detail, and discussed the reasons for the crash. Best Crypto to Buy in the Crash – Overview What are the best cryptos that we recommend buying during the crash? Below you will find our quick list of the top cryptos that we find a good investment for those who want to buy the dip. Wall Street Memes – Top Memecoin to Buy During the Crash Bitcoin BSC – A Good Version of Bitcoin to Buy During Crash Launchpad XYZ – An All-in-One Crypto For Web3 Products yPredict – AI Crypto With AI-Driven Trading Signals to Navigate the Market Chimpzee – Best Green Crypto to Buy during a Crash Litecoin – Best Alternative to Bitcoin to Buy during the Crypto Crash Quant – DeFi Project that Aims to Build Interoperability between Multiple Blockchains Chainlink – A Popular DeFi Platform Supporting the Secure Interaction between Blockchains and External Data Ethereum – Second Largest Cryptocurrency and a Well-established Crypto Project Basic Attention Token – Popular Token Build to Enhance Transparency in Marketing Solana – An Ethereum-Competitor Providing Faster and Secure Transactions on Blockchain Reviewing the Best Cryptos to Buy During the Crash When you make an investment, one of the most important steps is to learn about the project you will invest in and find out what features it offers or if it has any real-world uses. All the cryptocurrencies included in our list have something special to offer the users apart from being a coin to trade. Some of them aim to improve how blockchain works, others introduce play-to-earn elements enabling not only one to enjoy the game but also earn money. As it is important to understand what you are going to invest in, let’s discuss all the projects in detail in this section. Read on to find out what each of them offers to their potential users. Wall Street Memes – Top Memecoin to Buy During the Crash The Wall Street Memes token is one of the most promising meme coins to buy into during the so-called bear phase of the crypto world. While several established projects have not been at their best, Wall Street Memes ($WSM) has managed to raise a whopping $250,000 within two days of launching its presale. Wall Street Memes is a community-driven initiative that was born out of the infamous GameStop saga in 2021 when small investors made their mark in front of the investment veterans by making huge profits from small-scale stocks. Today, the $WSM community has grown 1 million strong across social media platforms. Being a meme coin, this provides tremendous investor confidence in terms of the token’s growth potential. Currently, Wall Street Memes is offering 1 billion tokens as a part of its presales at the price of $0.025 each. This presents a great opportunity for you to buy during the dip and potentially reap huge profits in the near future. Buy Wall Street Memes Bitcoin BSC – A Good Version of Bitcoin to Buy During Crash Bitcoin BSC has emerged as one of the best cryptocurrencies to buy during the so-called bearish phase of the crypto world. While most other projects have not been able to sustain during this period, Bitcoin BSC has successfully managed to raise $363,490 through its ongoing pre-sale, inching closer to its target of $3,960,000. Interestingly, the project is offering its token, named $BTCBSC, at a price of merely $0.99, mirroring the original Bitcoin’s price in 2011. Moreover, it follows a Stake-to-Earn model, enabling holders to earn a passive income in the future. Bitcoin BSC is a BEP-20 token built on the BNB smart Chain, thus ensuring top-notch security features, efficient smart contract execution, high transaction speeds, and compatibility with popular decentralized applications. It has a total supply of 21 million, a hard cap of 6,125,000, and a soft cap of 4 million for the pre-sale. 69% of the total token supply of 21 million is set aside for staking rewards. Investors looking to get hold of Bitcoin BSC can buy the token on the project’s official website using multiple payment methods like ETH, USDT, BNB, and more. Buy BTCBSC Launchpad XYZ – An All-in-One Crypto For Web3 Products While major crypto tokens struggle to break critical resistance, Launchpad XYZ has launched a new presale with promising returns. The project seeks to democratize Web3 technology by providing a user-friendly platform featuring a range of Web3-based tools, including Web3 games, NFTs, and a 10x token. Its goal is to simplify Web3 and make it accessible to all. Launchpad XYZ fosters collaboration and innovation within the Web3 industry and offers investment opportunities by providing insights, sentiment analysis, and exclusive access to upcoming presales and NFT launches. With the Web3 blockchain market projected to surpass $38 billion by 2029, Launchpad is incorporating the necessary features to capitalize on this expanding market. The Launchpad XYZ platform aims to provide a one-stop solution for all Web3-related products and services, allowing investors to easily access and learn about the core features of Web3. In addition, Launchpad XYZ will act as a gateway for Web3 developers and brands, facilitating the launch of new tokens and NFTs and enabling them to connect with new investors. The Launchpad XYZ ecosystem offers a range of services including the NFT Screener, Fractional Assets, Utility Tokens, Web3 Wallet, Crypto Presale Listing, Play-to-Earn Hub, and Metaverse Library. The ecosystem is powered by its own native utility token, LPX, which serves as a means of payment and rewards within the platform. The platform has a goal to attract 10 million Web3 users by offering a comprehensive set of resources to help them take advantage of this rapidly growing market. Get in on the presale now, by purchasing LPX tokens for $0.035, before the price increases to $0.0375. Buy Launchpad XYZ yPredict – AI Crypto With AI-Driven Trading Signals to Navigate the Market yPredict is an all-new crypto project and a super helpful tool for people who trade cryptocurrencies. It features a dashboard that makes it really easy to predict the potential movement of cryptocurrency prices. People who trade, invest, analyze finances, and use advanced tools for trading will highly benefit from the platform. The platform uses advanced computer programs to make lots of trades really quickly, and these trades are what make the cryptocurrency market work. yPredict also uses computer programs to look at lots of information and figure out what’s really important, so traders can make smart decisions. yPredict offers a range of features such as AI-powered price predictions, technical analysis that identifies over 100 chart patterns, analysis of transaction volume, indicator analysis, and market sentiment analysis. Together, these tools provide a comprehensive look at how and why a crypto’s price is moving so that traders can get ahead of the next move to take. yPredict has created a marketplace that’s open to all, where developers and quants can contribute their value prediction models powered by AI. Here, developers have the option to charge a subscription fee for the models they create. What this means is that not only can quants make money from the market by using their own models, but they can also earn a passive income from traders who rely on their models. Traders can currently enjoy a discount by buying YPRED at $0.05 during the yPredict presale. After the presale ends, YPRED will be listed at $0.12, which means that those who purchase YPRED today can potentially earn a profit of 140% during the token’s initial exchange offering. Buy yPredict Chimpzee – Best Green Crypto to Buy during a Crash Chimpzee stands out amidst the recent surge of peculiar and utility-lacking memecoins. Unlike its counterparts, Chimpzee takes a different approach by integrating Web3 technology to achieve tangible real-world goals. This green cryptocurrency project has recently been launched and is currently in its presale phase, offering a unique investment opportunity to those who seek both memecoin excitement and real utility. The website reveals a well-thought-out roadmap for Chimpzee, encompassing crucial initiatives such as forest and wildlife protection, showcasing the project’s commitment to environmental conservation. Simultaneously, it also offers attractive earning avenues for investors through the Chimpzee shop, NFT marketplace, and the captivating Zero Tolerance game, a play-to-earn gaming platform. At the moment, the token is available at a discounted price of $0.000775 during its 7th presale stage, presenting a potentially lucrative entry point for investors. Chimpzee’s appeal lies in its ability to combine the captivating aspects of a memecoin with substantial utility, positioning it as a viable investment option even during market downturns. The memecoin components could contribute to price spikes, while the project’s tangible utility may help sustain and potentially increase its value in the long term. Buy Chimpzee Litecoin – Best Alternative to Bitcoin to Buy during the Crypto Crash Litecoin is among the first and most well-recognized cryptocurrencies in the market. It is included in the list of the 15 largest crypto assets by its market capitalization. As one of the first cryptocurrencies in the market, Litecoin initially aimed to be a Bitcoin-similar coin but without letting the enterprise take control of its mining process. Though the crypto did not succeed in its first plan but managed to become a means of peer-to-peer payment and offer a coin that can be mined. Its blockchain works on the Proof-of-Work consensus mechanism similar to Bitcoin, which means that miners must spend huge electricity power to solve complex problems, mine a new block, and get rewards for their service. The maximum supply of the coin is 84 million LTC, 85% of which is already mined and in circulation. Similar to Bitcoin LTC’s mining supply is halved every four years. Additionally, Litecoin claims to conduct transactions a few times faster than Bitcoin. Litecoin can be a good buy during the dip for some reasons. First, it is quite affordable, and as a well-established crypto project, it has the potential to survive the market crash and increase its value. At the time when Bitcoin hit its all-time high of $68,000, Litecoin was trading at above $200, and now its price has decreased almost 4 times. Buy Litecoin Your capital is at risk. Quant – DeFi Project that Aims to Build Interoperability between Multiple Blockchains Quant is another well-established cryptocurrency and a well-known decentralized project in the DeFi market. Founded in 2015, Quant is the brainchild of Gilbert Verdian, who is Chair of the UK Blockchain and Distributed Ledger Technology committee. Two other co-founders, Colin Paterson and Paolo Tasca joined the project in 2017 and have had years of experience in the field of blockchain and cybersecurity. Quant’s native token, QNT managed to raise $11 million during the Initial Coin Offering, which took place in 2018. At that time, the value of the token fluctuated between $0.2-$0.3. The coin did not experience any extensive price rise in the next 2 years, but the prices started to increase from the beginning of 2021. Finally, Quant hit its all-time high in September 2021, reaching $384. Following the crypto market crash, QNT declined significantly over time and is traded at $106 at the time of writing. However, the coin experienced a decline, Quant offers a real-world value that can help it to survive the crash. The main product of the project is the so-called Overledger API gateway which aims to improve communication and data transfer between different networks. Several companies use different types of blockchain networks which are built in different coding languages. The differences sometimes make it a tricky process to transfer the data efficiently. Quant’s Overledger API addresses this issue by connecting the blockchain and transferring the data between them. The network is powered by its native token – QNT, which has utility cases within Quant’s ecosystem. All the fees that users or developers must pay to use the API are conducted in QNT tokens. So, the QNT’s value depends on the platform’s popularity and demand among businesses and developers. Buy Quant Your capital is at risk. Chainlink – A Popular DeFi Platform Supporting the Secure Interaction Between Blockchains and External Data Chainlink is one of the most well-established and successful cryptocurrency projects with a large market capitalization. Like other cryptocurrencies, Chainlink also suffered from the market crash, and its value has corrected from as high as $53 at its peak to just over $5, a 90% retracement. But Chainlink still has a chance to survive the crisis as it offers valuable solutions to improve how smart contracts work. Smart contracts are the underlying technology of many blockchains, including Ethereum. They are codes that control the work of the blockchain based on the information provided to them. It means that smart contracts rely on external data to work efficiently. Chainlink tries to provide reliable and true data to smart contracts by incentivizing a global network of computers. The data providers are called Oracles, and they get points for providing the data accurately. The process goes through three phases called Oracle selection, Data reporting, and Result Aggregation. Chainlink also issues a native token – LINK, to power its ecosystem. As a utility token of the ecosystem, LINK is used to pay the Oracles for their service, while smart contract creators pay in the LINK token. Buy Chainlink Your capital is at risk. Ethereum – Second Largest Cryptocurrency and a Well-established Crypto Project Ethereum is the second most popular cryptocurrency in the market after Bitcoin and is familiar to many people, even those who have not ever invested in cryptocurrencies. It is also the second largest crypto by its market capitalization, which is equal to more than $149 billion. Ethereum is a pioneering crypto project in the smart contract industry that has completely changed how cryptocurrencies are perceived. Before the Ethereum project, Bitcoin and altcoins were simply introduced to improve payment systems and make them decentralized. But computer programmer Vitalik Buterin thought that cryptos could be more than that and created a programmable blockchain platform that supports developing and launching dApps. The project’s native token is called Ether (ETH) which is used to pay gas fees for the transactions. The coin’s value did not increase above $1000 before 2021, but it gained huge popularity in 2021 and 2022. At the time when the crypto market was at its top and Bitcoin surged to $68,000, Ether hit its all-time high, too, reaching almost $5000. Then in 2022 the Ethereum price retraced as deep as just under $900, before opening 2023 at just under $1,200. Still, Ethereum is among the most successful crypto projects, and many other cryptocurrencies rely on its blockchain. Another positive factor about Ethereum is its Merge that has happened recently. The Merge helped Ethereum to transfer to the Proof of Stake consensus mechanism, which enables faster and more scalable transactions. It has also made ETH a more eco-friendly token reducing the energy consumption of its blockchain by 99.99%. Buy Ethereum Your capital is at risk. Basic Attention Token – Popular Token Build to Enhance Transparency in Marketing Basic Attention Token is another popular crypto to purchase during the market crash. It is really worth keeping an eye on due to the services it offers and the way it tries to improve the advertising industry. Basic Attention Token introduces a platform that is powered by its native token, BAT, which is currently among the 100 largest crypto assets with a market cap of more than $283 million. The aim of this cryptocurrency is to make the advertising space more relevant for all parties – creators and publishers, advertisers, and internet users. Basically, publishers get rewarded for placing the ads of the advertisers, while users get rewarded with the BAT token for viewing the ads. As BAT is the native token of the Brave web browser, you need to download and install it to view ads and start earning BAT tokens. The project was created in 2017 and conducted a very successful ICO selling 1 billion tokens and raising a capital of $35 million. An estimated 55 million accounts use the Brave browser monthly, and 16 million daily active users. Buy BAT Your capital is at risk. Solana – An Ethereum-Competitor Providing Faster and Secure Transactions on Blockchain The last crypto project in our recommendation list is Solana which is a blockchain platform based on smart contracts. Solana is considered one of the best competitors of Ethereum. Though the project is not as popular and widely traded as ETH it has some advantages over the second-largest crypto. The first advantage is the scalability of Solana’s blockchain, which enables it to run tens of thousands of transactions per second. The next difference is the transaction fee. Ethereum is popular with its high gas fees charged per transaction. Whereas Solana charges transaction fees costing just a fraction of a penny. Still, it is essential to note that Solana’s native token – SOL is among those cryptos that have suffered significantly because of the crypto crash. This is associated with the fact that the Solana developing team announced the unlocking of 29 million SOL tokens. It is still hard to predict whether Solana can recover from the crash or not, but the coin can be considered in the way of building a diversified portfolio. Buy Solana Your capital is at risk. Why Is the Crypto Market Crashing Down? Anyone worried about the crash of the crypto market should bear in mind that the investment markets go through periods of downtrend and uptrend. While the cryptocurrency market is still fresh compared to other investment sections, stock market history indicates that it experienced bull and bear periods over the period of hundreds of years. Though the first cryptocurrency, Bitcoin – has appeared in the market since 2009, the market has seen several ups and downs in that short period. The most vivid example is the market crash of 2017, when Bitcoin lost most of its value after hitting an all-time high, and the whole crypto market followed it. Bitcoin started the year at as low as $1000, but by the end of 2017, its value increased to $20,000. The bull market of Bitcoin influenced other crypto assets too, and they started to gain value. However, after hitting $20,000 Bitcoin started to decrease and was traded at as low as $3000. However, after a long period of a bear market, Bitcoin regained its value. Moreover, the cryptocurrency hit another all-time high reaching more than $68,000. Ultimately, Bitcoin hit its all-time high in November 2021, and many cryptocurrencies followed it, but after that, the market started to show a decline again. The first major decline occurred in May 2022, which was associated with several factors. Among the most prominent factors are the Tesla car company suspending all transactions in BTC, China increasing the regulations on the crypto market, and, most importantly, the coronavirus pandemic that aroused panic among investors who started to sell their assets. For the first time in 16 months, Bitcoin fell below $28,000 and has continued to drop ever since. The currency crash of the crypto market is associated with the crash of the leading crypto exchange – FTX. The buzz around the exchange started from the article published by Coin Desk, which put into suspicion the financial health of the exchange. This was followed by the FTX-Binance conflict that hugely affected the value of the FTX’s native token – FTT. The token dropped its value by more than 90% because of the gossip about the exchange. Crypto Market Crash – Should You Buy the Dip? Considering the fact that the cryptocurrency market experiences crashing cycles from time to time but recovers its value after the downtrend, this one will most likely not be an exception. Hence, investors think of the crypto crashes as a chance to buy assets at their lowest prices to benefit once the prices skyrocket again. It is one of the main reasons why buying the dip can be an excellent investment. But sometimes, it may be hard to make a reasonable decision about which coins to buy and which ones to avoid. The problem is that not all cryptocurrencies can recover after the market crash, with the most vivid examples being Terra Luna and Terra USD coins. It is crucial that you do a quick research and finds out which projects are valuable and can overcome the crash. This can include well-established coins and tokens, such as Ethereum, Bitcoin, Litecoin, etc. New crypto projects that are still in the early phases of their development can also be good candidates here. DeeLance and Chimpzee are among the newest cryptocurrency projects that have managed to draw attention even during their presale stages. These coins really offer valuable solutions for the DeFi industry and introduce new ways of making money. Eventually, another thing to consider when you buy coins during the dip is a diversified portfolio, in other words, investing in versatile crypto projects. Our list includes the best and most valuable tokens regarding different sectors of DeFi. Investing in diverse projects and having a versatile portfolio will ensure you won’t lose all your money when one of the projects fails to gain value again. How to Choose the Best Crypto Coin to Buy When the Crypto Markets Crashes? If you want to seize the chance and purchase coins during the market crash you may need some tips about which coins are worth buying. Here are some factors to pay attention to when you are choosing the best crypto coins to buy the dip. Choose Coins with Real-World Use The first thing to pay attention to is the utility of the token, which is how it can be used besides being an asset to trade. A token that supports a certain platform and has use cases within that ecosystem is more likely to survive the crash than the others with no utility. The problem is that projects offering real-world solutions have huge room for development if their products or services succeed in catching massive attention. All the coins included in our list differ from speculative assets in the way that they offer valuable and innovative ideas that can be widely accepted in the DeFi market. Find Coins in the Presale Stage Another great way of finding which coins to buy during a market crash is investing in crypto presales. The benefit of presales is that you can purchase promising coins at discounts and even get rewards or prizes. Buy and Trade Coins Listed on Big Exchanges Finally, you can buy the coins that are listed on major crypto exchanges. Cryptocurrencies such as Binance or Coinbase have huge popularity and have millions of users from around the world. There can be many investors using these platforms to buy versatile coins and build their crypto portfolios. So, the coins listed on big exchanges are more likely to attract massive attention, which can grow their demand and increase their value. Conclusion To conclude, in this guide, we have introduced and reviewed the best cryptocurrencies that you can buy during the market crash. Our list introduces ten different coins that are likely to survive the crash and new coins that have quite good presales and are expected to skyrocket after being launched officially. One of the best things about the list is that it includes versatile projects with different purposes and features. Investing in different tokens can help you build a diversified portfolio and manage the risks properly. Hence, you will find different play-to-earn games, competing projects, such as Ethereum and Solana etc. We have also discussed the reasons for the market crash and introduced the benefits of buying the dip. Crypto crashes occur from time to time, and this one is not an exception too, according to the opinion of many investors. So, they think of it as another opportunity to buy cryptos at their lowest prices and sell them to get huge returns. On the whole, we consider Wall Street Memes as the best cryptocurrency to buy in the crash. One reason is that the coin is still in the presale stage, where it is sold at high discounts. These factors make us believe that WSM to be one of the top gainers in 2023 New Crypto Mining Platform - Bitcoin Minetrix Rating Audited By Coinsult Decentralized, Secure Cloud Mining Earn Free Bitcoin Daily Native Token On Presale Now - BTCMTX Staking Rewards - Over 10,000% APY Learn More FAQs Will the crypto market recover? The cryptocurrency price statistics indicate that this is not the only crash that the market has undergone. Many similar events occurred during which the prices of cryptocurrencies experienced a colossal decline but recovered again and even hit higher than their previous peaks. One of the recent crashes in the market took place in 2017 when BTC lost 85% of its value but hit its all-time high in November 2021. What crypto coin should you buy during the crash? There are different sections of DeFi you can invest in during the crypto crash, including P2E games, blockchain-improving platforms, and several other projects that have unique features and aim to offer solutions for DeFi problems. Our most recommended investment is Wall Street Memes. Should you buy cryptocurrencies right now? Buying cryptocurrencies during the dip can be a good idea in terms of obtaining several coins at high discounts. This will bring you good profits once the prices soar again. While some cryptos may not overcome the crash because of being hype, the established ones, like Bitcoin, Ethereum or Litecoin, are most likely to survive. Also, some new coins, such as Wall Street Memes and DeeLance have garnered huge attention and can be the next coins to skyrocket when the market recovers. What is the best cryptocurrency to buy at the dip? In our guide, you will find the 12 best cryptocurrencies to buy at the dip. These coins will likely survive the crash and regain their value or even hit higher peaks once the market recovers. Also, we have included some new tokens, such as LHINU or FIGHT token, which are still in the early stages of development and have room for growth after launching their platforms.
