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Bear markets remain a good time to buy crypto assets. The best strategy for investors in a bear market is to find the right tokens in preparation for gains in the future. This article analyses some of the top cryptos to buy for long term returns this month.
Dash 2 Trade (D2T)
One of the top cryptos to buy this October is D2T. The digital asset is the platform token for Dash 2 Trade, a leading research and analytics platform looking to help investors improve the quality of their market research and streamline their investment processes.
Dash 2 Trade was built by Learn 2 Trade, a top crypto education platform with over 70,000 members. The platform offers a broad range of benefits, including on-chain analysis, chart signals, exchange listing alerts, and trading competitions for winners to earn rewards.
With D2T, Dash 2 Trade’s users can pay for the platform’s Starter and Premium tiers. Both tiers have different perks and unique features, with the Premium tier as the most advanced.
The crypto market is set to grow even more, regardless of the current bearish wave. This means that investors will be more willing to enter the market, and they will need a reliable platform to offer insights and real-time information that can improve the quality of their investment decisions. Dash 2 Trade could be this platform, increasing investor demand for its D2T token.
For now, investors can purchase the D2T token for just 0.0476 USDT in its presale. Visit dash2trade.com to take part in stage one of the presale.
Impact Project (IMPT)
IMPT is a new cryptocurrency that has gained considerable investor interest. The crypto asset powers the Impact Project, a blockchain-based service that allows users to contribute to saving the planet.
The Impact Project helps users to fund environmental sustainability efforts worldwide while allowing them to buy carbon credits that can be used to offset some of their carbon footprints. The service already has a network of over 25,000 affiliates and is at the forefront of using blockchain technology to fight climate change. With IMPT at the center of its operations, the token is in high demand already.
IMPT is currently available on presale; it has already raised over $5 million. We expect IMPT to be one of the hottest coins on the market once it lists on exchanges. Visit impt.io to invest early.
XRP (XRP)
XRP, one of the most popular coins in the market, focuses primarily on helping individuals and businesses process international payments. The crypto asset was designed to enable a financial system where cross-border payments are seamless and affordable, and it also acts as a viable investment for investors.
XRP trades at $0.4401, a downtrend of 4.36% in the past 24 hours.
Despite the price drop, XRP remains a profitable asset in the long term due to its position in the market. It is expected to pump as a large-cap coin once the market flips bullish.
Additionally, XRP’s developer, Ripple Labs, scored another win in its battle against the Securities and Exchange Commission (SEC) as its legal counsel recently received documents that could help solidify its case.
Over 18 months and 6 court orders later, we finally have the Hinman docs (internal SEC emails and drafts of his infamous 2018 speech). While they remain confidential for now (at the SEC’s insistence), I can say that it was well worth the fight to get them.
— Stuart Alderoty (@s_alderoty) October 20, 2022
If Ripple can win its case against the SEC, XRP’s price will surge significantly.
Binance Coin (BNB)
BNB, launched by crypto exchange giant Binance, is the most valuable exchange token in the market. And with Binance expanding its reaching , BNB continues to gain more utility.
BNB currently trades at $266.41, marking a downtrend of 2.04% in the past 24 hours.
Despite its slump, BNB remains a good investment for investors. Like XRP, the fact that BNB is a large-cap coin means that investors can rest assured of gains when the market becomes healthy again.
Binance’s continued expansion spree also improves BNB’s prospects. Last week, the exchange launched a $500 million lending fund for miners, which would allow it to gain a strong foothold in the lucrative crypto-mining space.
Uniswap (UNI)
UNI is rounding out our list of the top cryptos to buy for long term returns. The token, which powers the Uniswap decentralized exchange (DEX), is one of the biggest names in the decentralized finance (DeFi) space. While BNB is the most valuable centralized exchange token, UNI is its counterpart in the DEX space.
Trading at $5.94, UNI has been on a downtrend of 7.84% in the past 24 hours. This price drop is in line with the broader crypto space.
Regardless, UNI is still fundamentally strong. This week, Uniswap Labs announced a successful Series B funding round, which raised $165 million.
1/ We’re proud to announce that we’ve raised $165 million in Series B funding to bring the powerful simplicity of Uniswap to even more people across the world 🦄🍾https://t.co/ChilydWOEO
— Uniswap Labs 🦄 (@Uniswap) October 13, 2022
The company has confirmed that it will use the funds to accelerate its expansion into Web3 and non-fungible tokens (NFTs), further cementing its ability to compete with some of the bigger centralized exchanges available in the market.
Conclusion – 5 Top Cryptos to Buy for Long Term Returns October 2022 Week 4
Several assets offer strong gains and fundamentals that support long-term gains. One great option is D2T, which powers the Dash 2 Trade research and analytics platform.
With more investors looking to enter the crypto market, Dash 2 Trade is expected to offer real-time insights. This will make D2T a solid buy as the research platform’s prospects improve.
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Source: https://insidebitcoins.com/news/5-top-cryptos-to-buy-for-long-term-returns-october-2022-week-4