7 Cryptos You Can Still Count On Despite the Current Chaos

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Last Updated November 28th 2022
5 Min Read

7 Cryptos You Can Still Count On Despite the Current Chaos - Our Picks 

Here is a list of 7 cryptos that you can still count on despite the current chaos. Find a detailed analysis of each coin in the coming section. 

Bitcoin - The oldest but still the best crypto to buy now 

Ethereum - The most advanced smart contract platform 

Solana - One of the leading platforms in the DeFi and NFT space

Polkadot - Features like interoperability bode well for DOT’s price and value 

The Sandbox - The best Web 3.0 coin to buy now

Binance coin - A crypto with massive upward potential 

Cardano - The best crypto with real-world utilities 

 

A Closer Look At The 7 Cryptos You Can Still Count On Despite The Current Chaos 

The core idea of anonymous cryptographic electronic money has been in the market for so long. But it was not until 2009, when Bitcoin was created this idea became popular and mainstream. 

Even today, despite the volatility and macroeconomic factors, investors remain on the lookout for the next big coin in the market. So let’s analyze why these top 7 cryptos can still be an addition to your portfolio despite the current chaos. 

 

Bitcoin (BTC)

Bitcoin is one of the oldest yet strong crypto with an underlying blockchain technology that allows for secure and transparent transactions. Although its price has fallen significantly, investors are still bullish and claim that you can still count on it despite the current market chaos. 

One of the crucial reasons for this bullish sentiment is the announcement by the head of the Securities and Exchange Commission that Bitcoin is a commodity, not a security. Therefore, the crypto would probably be untouched by any new regulations. This gave much-needed trust and confidence to BTC holders, making it the best investment option for even institutional investors. Moreover, the number of institutions showing interest in adopting BTC is increasing, which could lead to huge capital inflows into the asset, boosting its price in 2023.  

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Ethereum (ETH)

The biggest news for Ethereum this year was the completion of its long-awaited Merge update. It transitioned the network to a Web3-ready Proof-of-Stake mechanism, reducing energy consumption by around 99.95%. It also enhanced the network's scalability and security. 

Ethereum is also working on its speed and transaction cost with its Sharding upgrade set for 2023. If you want profitable returns, this is the right time to buy ETH when its price is low. In addition, several metaverse projects like Star Atlas, Axie Infinity, and popular NFT projects leverage the Ethereum blockchain as their host. With an advanced network, the number of projects and adoption of ETH would only rise higher. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Solana (SOL)

Solana is an effective, fast, secure, censorship-resistant blockchain with low cost. 

It has numerous projects ranging from NFT, Web3, DeFi, and many others. Solana also garnered investor attention by launching its own online store, Solana Pay, which will be the future of payments.

SOL is one of the 7 cryptos you can still count on despite the current chaos because there is a significant amount of DeFi activity on the network, and some believe that the platform can dethrone Ethereum as the leading DeFi protocol. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Polkadot (DOT)

Polkadot’s innovative multi-chain application platform allows users to transmit more than just tokens between blockchains. It provides a solution to one of blockchain’s crucial issues, interoperability, by allowing isolated blockchain data islands to come together using patented technologies. 

DOT is one of the top cryptos you can still count on, as it has been gaining attention from across the globe since announcing numerous upgrades that'll improve staking, government processes, and transaction speeds. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

The Sandbox (SAND)

The Sandbox came to the crypto sphere intending to disrupt the traditional gaming system. It is a community-driven platform that helps creators to monetize voxel assets and gaming experiences on the blockchain. Using SAND tokens, players can build, own, and monetize their gaming experiences in this virtual world.

The price of SAND is expected to rise higher as the network has various projects and plans in the pipeline. However, it is one of the cryptos you can still count on, as the SAND has plenty of room for growth, and the gaming industry is a huge market with billions of revenues. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Binance (BNB)

Binance, the world’s largest crypto exchange, is one big catalyst for BNB’s price value and growth. It has a fast and scalable network and is currently working towards making the platform more regulator-friendly. The expansion of Binance to Europe, with Paris as its hub, is another push for the price of BNB. 

BNB is still a crypto to count on for investment as it has recently launched Bifinity, a fiat-to-cryptocurrency payment platform focused on helping merchants prepare to accept digital assets as payments. Bifinity aims to connect businesses, merchants, and millions of users to the world of crypto and blockchain. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Cardano (ADA)

With new updates and developments, Cardano continues to add new features, strengthening its long-term positioning in the crypto market. ADA is a promising crypto that investors can still count on as it has numerous great real-world utilities and high-end network capabilities. 

With Alonzo in 2021, Cardano unlocked smart contract capabilities, and in 2022 with Vasil hard fork, it has enhanced the network’s capacity and scalability of the blockchain. These modifications and upcoming upgrades bode well for ADA, making it a good buy now. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

The Bottomline 

Cryptocurrency has completely exploded into the general consciousness, making its place a lucrative investment option. And while there has been a fair amount of fluctuation, these 7 cryptos are still the best to count on if you want profitable returns.

Read More:

Where To Buy Bitcoin (BTC)

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Where To Buy Cardano (ADA)

Where To Buy Solana (SOL)

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