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Crypto prices are down, and for some crypto enthusiasts, it may be something to worry about. While nobody wishes to experience a bearish cycle, this does open up the opportunity for some crypto fans to get some top crypto at a huge discount, particularly as some anticipate a bullish trend with the upcoming Bitcoin halving event predicted to be in April 2024.
Crafted with the latest market trends and available data from diverse sources, this comprehensive article will discuss the best coins to buy in the dip, from the pioneer of cryptocurrency, Bitcoin, to emerging coins with unique features like ApeMax.
Best Coins to Buy in the Dip before the Bull Run
- ApeMax (APEMAX) – World’s first “Boost-to-Earn” crypto
- Bitcoin (BTC) – The pioneer of cryptocurrency
- Celestia (TIA) – Incorporates rollups and ZK solutions
- Hedera Hashgraph (HBAR) – Energy-efficient crypto of the public Hedera network
- Ethereum (ETH) – The leading altcoin
- Mantle (MNT) – Serves as an L2 scalability solution built on top of Ethereum
Deep Dive into the Best AltCoins of 2024
- ApeMax (APEMAX)
ApeMax stands out as a young coin with an ongoing presale currently open to eligible buyers. Its unique “Boost-to-Earn” feature allows token holders to earn rewards by boosting their favorite entities. ApeMax also has intriguing tokenomics, with the price of the token increasing every 24 hours during the presale. ApeMax is making waves on its ongoing presale, with over 10,000 token holders and 9.4 billion sold tokens. ApeMax also offers exclusive discount loot boxes for eligible buyers.
- Bitcoin (BTC)
As the pioneer of cryptocurrencies, Bitcoin remains the digital gold standard, known for its unparalleled security and decentralization. Despite recent developments such as the approval of spot Bitcoin ETFs and the upcoming Bitcoin halving event, Bitcoin has recently dipped below $39,000.
- Celestia (TIA)
Celestia distinguishes itself as an innovative blockchain incorporating rollups and zero-knowledge (ZK) solutions. Addressing scalability and privacy concerns, TIA boasts a substantial market cap of $2.6 billion.
- Hedera Hashgraph (HBAR)
Hedera Hashgraph aims to provide a crypto network where anyone can engage in transactions and deploy applications. HBAR’s design choices, such as high transaction speeds and limited participation of approved nodes, set it apart within the crypto space.
- Ethereum (ETH)
Ethereum continues to lead the charge in the smart contract revolution, empowering decentralized applications (DApps) and smart contracts. The rise of non-fungible tokens (NFTs) and Web3 gaming sustains Ethereum‘s relevance.
- Mantle (MNT)
Mantle Network serves as an L2 scalability solution built on top of Ethereum. Validator nodes collect transactions and commit them to Ethereum in the form of a “compressed block,” enhancing scalability and efficiency.
Why did Crypto Prices Dip?
The recent downturn in cryptocurrency prices can be attributed to a variety of factors including market trends, economic influences, and shifts in sentiment and speculation within the crypto space. These dynamics reflect the complex and interconnected nature of global financial markets. While it is impossible to predict future crypto prices, many are hoping that the market will recover soon and a bull run will ensue.
What Does “Buying the Dip” Mean?
A dip refers to a short-term, minor slide in asset prices, also known as a pullback. Buying the dip is a strategic approach, where buyers can possibly benefit when the market rebounds from correction or consolidation.
How to Buy ApeMax Tokens?
To buy ApeMax tokens during the presale, follow these steps:
- Visit the official ApeMax website.
- Connect your compatible crypto wallet (Metamask, Coinbase wallet, or any WalletConnect-compatible wallet).
- Ensure your wallet contains the necessary crypto. ApeMax tokens can be purchased using Ethereum, BNB, USDT, USDC, BUSD, or Polygon Matic.
Note: The presale price of ApeMax tokens increases every 24 hours during the presale phase.
Wrapping Up the Best Coins to Buy in the Dip
In this guide, we’ve explored the best coins to buy in the dip, from established ones like Bitcoin to Ethereum to emerging coins like ApeMax. As the market experiences a downturn, it presents a unique opportunity for interested buyers to acquire cryptocurrencies at discounted prices.
ApeMax stands out as a top pick due to its unique tokenomics and innovative concept. However, independent research and careful risk assessment are crucial before engaging with any crypto. All cryptocurrencies are inherently volatile and risky.
This article doesn’t offer financial advice. For those intrigued by ApeMax, visit the official ApeMax website before buying tokens to review the list of countries where the purchase of ApeMax coins is not allowed, including the USA, Canada, and sanctioned countries.
Source: https://finbold.com/why-crypto-prices-dipped-and-te-6-best-altcoins-to-buy-in-the-dip-reviewing-bitcoin-apemax-celestia-hedera-ethereum-and-mantle/