While the price of TAMA might skyrocket soon when it goes public, the over USD 200 million in DeFi projects attract investors toward DEFC. The price stability of USDT makes it an excellent investment option, and the predictions about BTC lead people to continue to buy it.
The so-called crypto winter is a nightmare for investors as the price of Bitcoin (BTC) has dropped below USD 20,000. Ether (ETH) has also suffered losses, and almost all cryptocurrencies are in trouble amid a bearish market.
Since nobody knows when the crypto winter will end, investors can trust they have not lost all. Despite a complicated market situation, interest in some cryptocurrencies has grown lately.
TAMA Might Outperform DOGE and SHIB in the Short Term
Tamadoge (TAMA) is a new meme coin already compared to Dogecoin (DOGE) and Shiba Inu (SHIB and could easily outperform them soon. Its interesting concept has allowed it to rise to more than USD 11 million in a few weeks.
Each stage of its presale has helped the price rise, which has attracted investors to take the plunge. TAMA has been one of the best-selling crypto assets, and it is possible to buy 40 coins for USD 1 USDT.
It has a supply of 2 billion units, but only half will be available during the presale. Since TAMA is a deflationary currency, its price will increase when some coins burn. Some experts believe the price will skyrocket in the short term when it goes public.
The Bullish Price of DeFi Coin Indicates High Growth Potential
In the first quarter of 2022, over USD 200 million remained locked in DeFi projects, attracting the attention of cryptocurrency investors. The price of DeFi Coin (DEFC) has been reflecting bullish influence, showing high growth potential over the last two weeks.
Despite its difficult launch and subsequent delays, DEFC became one of the best cryptocurrencies in which to invest. People can use it for productive farming, staking, and token trading as it is part of the DeFi Swap ecosystem.
The owners of DEFC benefit from its static rewards mechanism every time they buy or sell. Half of the raised fees go to the remaining holders, creating a steady stream of passive income. Amid a growth of over 47% in the DeFi sector, investing in DEFC makes sense thanks to its affordable price.
The Stablecoin Tether Is a Good Option during the Crypto Winter
Tether (USDT), which has been on the market since July 2014, aims to maintain a 1:1 relationship with the US dollar. The stablecoin, created to solve cryptocurrency convertibility and volatility problems, only lost its parity once.
The price of USDT should always remain the same as the official American fiat currency backs it. Its stability, which allowed it to weather the turmoil earlier this year, makes it an excellent investment option during the crypto winter.
In theory, the price of Tether will always be the same because the official currency backs it. That is why USDT managed to weather the turmoil earlier this year without significant losses. Thanks to its stability, it is an excellent investment option to avoid the risks of Bitcoin and Ether during the crypto winter.
Some Investors Still Buy Bitcoin despite the Bearish Market
Despite its price drop and volatility in the first half of 2022, some investors like the excitement brought by Bitcoin (BTC). The pioneering cryptocurrency is worth around USD 19,705.78 and has accumulated a 0.44% loss over the last 24 hours.
Some experts believe that the price of Bitcoin might eventually reach USD 100,000 and exceed USD 110,000 within five years. That has led many investors to continue buying it amid the bearish market, although it is not yet out of danger.
By Alexander Salazar
