Top 5 Altcoins to Buy During The Bitcoin Crash, According to CryptoBusy
Bitcoin has unexpectedly crashed. It has had quite the ride recently, especially since that’s affected the rest of the crypto market. Therefore, many people are afraid that it will continue to crash.
Tom, host of CryptoBusy, a famous Youtube Channel focused on cryptocurrency, has highlighted the top 5 altcoins to buy during the crash of Bitcoin. Whenever we see dips and corrections in the crypto markets, we should for projects with great teams, white papers, communities, and massive adoption potential.
The first altcoin to buy during the Bitcoin crash is Chainlink (LINK). Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Chainlink allows blockchains to securely interact with external data feeds, events, and payment methods through a decentralized oracle network, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.
Chainlink has the ability to go back up to its all-time highs but in the long-term perspective. It is a super important thing when looking into a project, and you’ve got to think about it in a five-year time where these projects are going to flourish, so Chainlink is the first one on the list. LINK is changing hands at $7.5.
LINK Chart | Source: Coinmarketcap
The second one on the list is Cosmos (ATOM). Cosmos bills itself as a project that solves some of the “hardest problems” facing the blockchain industry. It aims to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, like those used by Bitcoin, by offering an ecosystem of connected blockchains.
ATOM is trading at $11, and the last time we saw these prices um was quite some time ago. We’re getting into sort of a new cycle and if you buy low, sell high, it could be in the future and on the balance of probability.
ATOM Chart | Source: Coinmarketcap
The next altcoin mentioned on the list is Hedera (HBAR). Hedera is the most used, sustainable, enterprise-grade public network for the decentralized economy that allows individuals and businesses to create powerful decentralized applications. HBAR is trading at $0.1.
HBAR Chart | Source: Coinmarketcap
Other ones are VeChain and XRP. These are the ones that have huge potential and can make you rich by buying them during the Bitcoin crash.
The next one is VeChain (VET). VeChain (VET) is a versatile enterprise-grade L1 smart contract platform. VeChain began in 2015 as a private consortium chain, working with a host of enterprises to explore blockchain applications.
VeChain would begin its transition to public blockchain in 2017 with the ERC-20 token VEN before launching a mainnet of its own in 2018 using the ticker VET. VET is changing hands at $0.03 for now.
VET Chart | Source: Coinmarketcap
XRP (XRP) is the last altcoin that Tom mentioned on the list. XRP is the native cryptocurrency of products developed by Ripple Labs Inc, a cryptocurrency payment system. XRP is its “digital asset built for global payments.” XRP would allow users to send money at a very low cost, attracting the potential interest of retail customers and banks alike.
A key value proposition of Ripple is its minuscule transaction costs while offering transaction finality of under five seconds. XRP is trading at $0.4 at press time.
XRP Chart | Source: Coinmarketcap
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