In the midst of the crypto winter and the ongoing crisis due to the FTX-Alameda collapse, many seasoned investors as well as crypto enthusiasts have curled up in pessimism.
However, for those who believe they can do good research, are willing to take risks and are in it for the long haul, this is a golden moment. A bear market allows you to invest in assets at a discount. If you can pick the right assets in that window and hold them until the next rise kicks in, you can make a lot of money.
These altcoins have the potential to reach new highs in the coming years:
Ape Coin (APE)
Ape Coin is the utility token of Bored Ape Yacht Club (BAYC), the infamous NFT collection. Ape Coin is a decentralized ERC-20 governance and utility currency. Ape Coin holders govern themselves using the Ape Coin DAO (Decentralized Autonomous Organization), which grants users voting rights on the network.
Given the popularity of NFT Bored Ape Yacht Club (BAYC), it is very plausible that the price of Ape Coin will increase in the coming years. Wallet Investor AI predicts that the price of APE will increase by +956.99% in the next 5 years.
Battle Infinity (IBAT)
This is a gaming platform that has changed the industry by using blockchain technology to provide play-to-earn (P2E) opportunities.
Battle Infinity combines gaming with the metaverse and blockchain to create a fully decentralized experience in which players and creators directly own their in-game assets.
All games are integrated with the IBAT battle arena of the Metaverse. Players in the Battle Infinity world can enjoy the rich environment of the Metaverse in addition to playing and fighting. They can also engage with each other, as well as play, observe, and explore the virtual environment of the battle arena. There is a good chance that this platform will go mainstream, propelling the IBAT prize in the near future.
Decentraland is a decentralized, user-owned virtual world powered by the Ethereum blockchain. In this metaverse ecosystem, you can play, explore and interact with games and activities. You can also buy plots of land to build your own environments, marketplaces and applications.
Users can also host live music concerts, conferences, exhibitions, etc. in this virtual world. You can also monetize your content and applications on this platform.
MANA is the native crypto-currency of this ecosystem, which can give massive returns in the coming years.