The cryptocurrency market is no stranger to volatility. Market crashes are devastating if you are over-exposed or over-leveraged but if you are smart and keep cash on the side then they can be a God send with tasty discounts or generational entries on your favorite alts. In this article, we will explore the top five cryptocurrencies to consider buying during the current market crash, focusing on their resilience and potential for future growth.
1. Bitcoin $BTC
Bitcoin, the original cryptocurrency, remains the most popular and widely recognized digital asset. Despite the frequent market fluctuations, Bitcoin has consistently demonstrated its ability to recover from downturns. As the pioneer of the cryptocurrency revolution, Bitcoin benefits from the strongest network effect, the largest developer community, and the most secure blockchain. Plus, it has a spot Etf approved meaning its the coin that the richest people in the world will directly or indirectly come to hold and want more off. You cant go wrong here even if the ROI isnt that great.
2. Ethereum $ETH
Ethereum, the second-largest cryptocurrency by market cap, is a critical player in the blockchain space with a vast ecosystem of decentralized applications (dApps), decentralized finance (DeFi) protocols, and non-fungible tokens (NFTs).
One of the key reasons to consider buying Ethereum during a market crash is that after bitcoin it is the currency that has the most confidence and resliance to survive. Ive yet to see the chain stop working (which ive seen matic, sol, bsc and a few more do) in times of extreme market sentiment and movements. Additionally with the Spot Etf approval, its a no-brainer to hold Eth for a higher ROI then BTC can offer.
3. Bittensor $TAO
We cant ignore the #AI sector can we, TAO retraced pretty hard from its listing ATH at Binance but thats a pattern many coins follow in my experience. If you thought it was weak then just see how it recovered after the recent crash. It has been mentioned in many articles as well as by leading industry experts and investment funds. I can go on and on about TAO especially since I have been holding this since it was at $30. The only other crypto I would change this with is Ondo which is blackrock's RWA powerhouse.
4. The Open Network $TON
Telegram's own chain, with 190m or so users they can directly tap into its user base for more adoption and with the chart performing the way it is, its no doubt that many investors share the sentiment. TG Sniper bots and Scaper Bots all are tools used by smart investors in crypto so imagine in the exposure it has already among high tier investors. Add to the fact that tap to earn only took off on Telegram, this means that the chain is prime for a gamefi resurgence if it comes.
5. Solana $SOL
Solana has emerged as one of the fastest and most efficient blockchains in the cryptocurrency space. Known for its high throughput and low transaction costs, Solana has quickly gained traction among developers and users alike. Its native cryptocurrency, SOL, has seen impressive growth, driven by the platform's ability to handle thousands of transactions per second (TPS) and its robust ecosystem of dApps and DeFi projects.
But tech stuff aside, the reason im holding Sol is simple. Check the Sol/Btc and Sol/Eth chart, it has out performed market leaders for the past year and continues to do so. It has seen and overcome fud that would kill lesser chains. The Solana Manlets like Ansem and the memecoin frenzy on solana just show that this chain has staying power and will make a new ATH this cycle.