After months of setting fresh new highs, Bitcoin and other top-performing cryptocurrencies are starting to see retracements as the crypto crash narrative reemerges.
While some traders see crypto crashes as gloomy days, others see them as the perfect opportunity to buy crypto at lower prices while they wait for it to go up again.
With smart money continuing to accumulate new gems during the crypto crash, here are the top projects to consider while you wait for the crypto rebound.
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Dogecoin20 ($DOGE20)
Spotlight Wire
The Doge-related meme coin is described as the ultimate upgrade to Dogecoin. It seeks to bring it into an environmentally stable future, provide a passive income, and remove its infinite inflation.
Dogecoin20 utilises the proof-of-stake mining algorithm, which is much less energy-intensive than Dogecoin’s current proof-of-work mechanism. As a result, it’s 10,000 times more eco-friendly while providing the opportunity for $DOGE20 holders to earn a passive income.
Holders can stake their tokens and earn rewards through the staking infrastructure. The team has allocated an impressive 15% of the total supply to provide the rewards for passive staking over the next two years.
Furthermore, Dogecoin20 solves the infinite inflation problem of Dogecoin by introducing a total 140 billion $DOGE20 supply limit.
Overall, Dogecoin20 is shaping up to be an upgraded version of Dogecoin in the dog-related meme coin space, and investors are backing it to park cash during the crypto red days.
$DOGE20 can be bought at early adopter prices on presale through the project’s website.
Green Bitcoin ($GBTC)Spotlight Wire
Green Bitcoin has created a unique staking system called Gamified Green Bitcoin that lets users stake $GBTC tokens to place price forecasts on Bitcoin. Those who place accurate price predictions earn massive rewards from the daily reward mining pool.
The project is designed to create a blockchain that fosters engagement and activity while providing an avenue to earn a passive income.
Experts believe the staking ecosystem will cause a supply shock for $GBTC on the open market when it launches because most tokens will be locked in Gamified Green Staking to place price forecasts.
As a result, newcomers following the presale will likely be forced to pay higher prices as the supply available to buy will be very low.
Overall, Green Bitcoin is an exciting crypto gem to buy in this crypto crash, with unique supply dynamics providing potential upside returns.
Buy $GBTC today.
Smog Token ($SMOG)Spotlight Wire
Smog token allows users to buy and hold $SMOG to earn airdrop points and qualify for a historic airdrop. The team set aside an enormous 35% of the total supply to provide the airdrop, which is why $SMOG has become so popular quickly.
Considering a $300 million market cap value, the airdrop would be valued at $100 million, making this one of the most rewarding tokens on the Solana network.
Users can also accumulate more airdrop points by participating in its Zealy campaign. With well over one million quests completed, traders are keen to accumulate as many airdrop points as possible to receive a higher share of the airdrop.
With a fair launch on the Jupiter DEX and no presale behind it, $SMOG seeks to follow in the footsteps of $BONK and $WIF, aiming for a billion-dollar market cap level. With prices crashing, this is the perfect opportunity to be positioned at lower prices.
$SMOG can be bought on both Ethereum and Solana. The best place to buy it is OTC on the project’s website using $ETH, $USDT, or a credit/debit card.
Filecoin ($FIL)ET Spotlight
Filecoin is a decentralised peer-to-peer file storage project that lets users rent out their spare hard drive space to earn $FIL tokens. Other users can then rent this hard drive space to store files in a decent and cost-effective method.
Filecoin utilises cryptography and token incentives to keep storage providers honest, ensuring they securely store data and make it available over long periods.
The project is growing in popularity this year as it's touted to become a critical infrastructure project in the AI narrative. Experts believe AI companies will start to use the data storage services provided by Filecoin due to its permissionless nature and cost-effective solution.
Overall, Filecoin slipping back below $10 provides the perfect entry opportunity to get positioned in a long-term gym for much higher gains.
Fetch.ai ($FET)Spotlight Wire
Fetch.ai intends to build an open platform for the new AI economy, helping developers create, deploy, and monetise AI integrations, services, apps, and marketplaces.
The entire idea behind Fetch.ai is to help current ecosystems prepare for AI without changing their existing APIs. The project wants to decentralise transactions online by utilising the Fetch.ai interface to automate taxes through digital twin bots.
The $FET token will consume services within the platform and for governance purposes.
Overall, with a strong retracement in price action, buying $FET during the price crash is a wise idea, considering it's an AI crypto gem.
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