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Author Topic: Which utilities will survive the bear market  (Read 312 times)
DevFile90 (OP)
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May 01, 2022, 06:34:49 PM
 #1

What type of crypto utility do you think will survive in this coming bear market? Some are saying most layer 1 blockchain projects will fail what about the likes of launchpad platforms, or we should just focus on metaverse only? Since metaverse isn't even close to perfection yet I think 💭 they may actually lead the way in future, what is your thoughts on this?.

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May 01, 2022, 07:05:17 PM
 #2

The very first thing that will be at risk are all the 2021 trend tokens, namely:

- Launchpad tokens
- fan tokens
- meme tokens
- NFT tokens
- Metaverse tokens
- GameFi tokens
- P2E tokens

All of this needs to be cleaned up because the market is flooded with a huge amount of pacifier projects, copy projects, and other garbage whose goal is just to make quick money on investors. Most of the projects from the above areas will die in a full bear market and will never rise from the dead again. We all remember the story with most of the junk coin ICOs of the 2017-2018 period. The market needs another self-cleaning.

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May 01, 2022, 07:11:48 PM
 #3

What type of crypto utility do you think will survive in this coming bear market? Some are saying most layer 1 blockchain projects will fail what about the likes of launchpad platforms, or we should just focus on metaverse only? Since metaverse isn't even close to perfection yet I think 💭 they may actually lead the way in future, what is your thoughts on this?.

Bitcoin.  The end.

No seriously, only serious projects make it out.  If you are holding stuff like baby doge, elon inu token, or whatever other wierd coin you are gonna get slaughtered.  I'd stick with bitcoin in a bear market everything else gets crushed, just saying.  To each their own everyone has to learn the hard way at least once.
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May 01, 2022, 07:12:27 PM
 #4

The very first thing that will be at risk are all the 2021 trend tokens, namely:

- Launchpad tokens
- fan tokens
- meme tokens
- NFT tokens
- Metaverse tokens
- GameFi tokens
- P2E tokens

All of this needs to be cleaned up because the market is flooded with a huge amount of pacifier projects, copy projects, and other garbage whose goal is just to make quick money on investors. Most of the projects from the above areas will die in a full bear market and will never rise from the dead again. We all remember the story with most of the junk coin ICOs of the 2017-2018 period. The market needs another self-cleaning.

From this i find the launchpad, fan and metaverse tokens as the most advantageous on the long term because the market cares about continuity. Gamefi = p2e and it doesnt attract investors no more because it is becoming too much (same metrics) and the roi are never satisfying, how would such token behave in a bearish state ? With fan token, metaverse and launchpad token, you experience continuity and strenght
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May 01, 2022, 07:35:16 PM
 #5

If it is the real bear market as in 2017, nothing will survive it, it only depends which ones will be hit the most. I do agree with a part of your statement, as I believe blockchain coins will be much better than other coins.
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May 01, 2022, 08:26:10 PM
 #6

What type of crypto utility do you think will survive in this coming bear market? Some are saying most layer 1 blockchain projects will fail what about the likes of launchpad platforms, or we should just focus on metaverse only? Since metaverse isn't even close to perfection yet I think 💭 they may actually lead the way in future, what is your thoughts on this?.
The industry is still young and I think we will see a lot of new players in the space that will make some older projects obsolete:

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May 02, 2022, 05:07:13 AM
 #7

NFT projects, launchpad projects, tokens from exchanges such as UNI, cake, BNB and others. and the smart contract network also has solid utility in a bear market. maybe it's some utilities that are still strong in the bear market later. otherwise it will be pure dumping until the coin dies. meme coins, defi and all projects that rely on hype will be destroyed and will have no value anymore.

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May 02, 2022, 05:55:25 AM
 #8

What type of crypto utility do you think will survive in this coming bear market? Some are saying most layer 1 blockchain projects will fail what about the likes of launchpad platforms, or we should just focus on metaverse only? Since metaverse isn't even close to perfection yet I think 💭 they may actually lead the way in future, what is your thoughts on this?.
Launchpad platforms it will depend on it. Not all will survive the market especially if it has no many users. Regarding L1, if they got plenty of farm and staking relation with good apr then definitely they will survive the market. But the most one yhat can survive above all is the bitcoin. Utility as peer to peer and most decentralized one would always be bitcoin.

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May 02, 2022, 06:11:48 AM
 #9


Bitcoin.  The end.

No seriously, only serious projects make it out.  If you are holding stuff like baby doge, elon inu token, or whatever other wierd coin you are gonna get slaughtered.  I'd stick with bitcoin in a bear market everything else gets crushed, just saying.  To each their own everyone has to learn the hard way at least once.

Plus 1. There were many hopes for other alternative coins, but the only one that does not fail is only Bitcoin. Your own experience, as you say, is the best adviser, and he says: "do not take risks, and do not betray the coin that is always in the top"

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May 02, 2022, 06:23:33 AM
 #10

Bitcoin without a doubt. The rest are just noise. Metaverse coins are new ICO mania. NFT craze has ended quickly too and people are trying to hype metaverse coins which is even dumber than NFT’s. Have you seen the price of a META share in the stock market? It is dying.

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May 02, 2022, 06:45:59 AM
 #11

The very first thing that will be at risk are all the 2021 trend tokens, namely:

- Launchpad tokens
- fan tokens
- meme tokens
- NFT tokens
- Metaverse tokens
- GameFi tokens
- P2E tokens

All of this needs to be cleaned up because the market is flooded with a huge amount of pacifier projects, copy projects, and other garbage whose goal is just to make quick money on investors. Most of the projects from the above areas will die in a full bear market and will never rise from the dead again. We all remember the story with most of the junk coin ICOs of the 2017-2018 period. The market needs another self-cleaning.
This is scary, you have mentioned all the available use cases in the crypto space presently  Grin, some metaverse projects will still survive more than others because metaverse hype is not done for, I haven't even seen a fully completed metaverse project yet or have you? The moment this metaverse projects start leaving behind their BETA phase the hype will be back again.

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May 02, 2022, 07:09:53 AM
 #12

I can't say which was the strongest utility usage that can make the coin survive during the bearish market. In my opinion that if any utility can make survive but this is also following the hype for the token.
No hype = no buyers for the token and this will be making fear to the market that will create big dump for the market. I do believe if the hype is the main reason that can make the token still sustain from the dump.
If you are watching it carefully and you will know that if people are looking for the hype coin rather than a coin that has utility.
It caused by demand driven by the hype and not utility. Sometime even a token without any utility can be pumped.



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May 02, 2022, 07:30:02 AM
 #13

The very first thing that will be at risk are all the 2021 trend tokens, namely:

- Launchpad tokens
- fan tokens
- meme tokens
- NFT tokens
- Metaverse tokens
- GameFi tokens
- P2E tokens
(....)
Very difficult to identify it, but among the list here are what are the current trends, especially NFTs/Metaverse/P2E.
For me, if ever we will be in a huge and long bear market, the most affected are these new trends and especially if they are in the peak and suddenly the market will start to favor the bear.
For me, I will go on the layer 1 protocols, more on protocols as most of these utilities are built there and additional I will go to some DeFi tokens too and I will avoid such low marketcap projects.

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May 02, 2022, 08:48:25 AM
 #14

bitcoin, ethereum and binance coins. those are 3 coins that will stay in the bear market as it is today. besides, if there is a change in the market for the better, then it will start from those 3 coins, specifically bitcoin and ethereum. for other altcoins, it seems difficult for them to survive, except to keep up with the bitcoin price. Whatever developments appear at this time, the 3 coins will continue to survive and adapt. If you haven't decided which coin you want to hold, start with those 3 coins, or one of them.

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May 02, 2022, 10:25:48 AM
 #15

bitcoin, ethereum and binance coins. those are 3 coins that will stay in the bear market as it is today. besides, if there is a change in the market for the better, then it will start from those 3 coins, specifically bitcoin and ethereum. for other altcoins, it seems difficult for them to survive, except to keep up with the bitcoin price. Whatever developments appear at this time, the 3 coins will continue to survive and adapt. If you haven't decided which coin you want to hold, start with those 3 coins, or one of them.
In the past bear market many altcoins get into the market at the time and they survived, harmony just listed on binance exchange and others like Matic and Solana we're born, see how great they did when BTC hit 67,000$, these coins brings higher returns than BTC, ETH and BNB..

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May 02, 2022, 10:40:42 AM
 #16

What a question, its like asking if smart contract will survive or not but many projects are running their own version of smart contract yet not all of them will survive, we have too many copy cat projects in crypto space this is what's bringing enormous death to many projects.

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May 02, 2022, 12:47:32 PM
 #17

Most of the project that was created hype failed you can see launchpad projects dead, metaverse,NFT, and others, I think in bear market staking projects on ATOM hub will survive because they are giving some staking rewards and also giving a good amount of airdrops.

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May 02, 2022, 12:49:40 PM
 #18

If it is the real bear market as in 2017, nothing will survive it, it only depends which ones will be hit the most. I do agree with a part of your statement, as I believe blockchain coins will be much better than other coins.
I didn't find a bear market in 2017 except the year after, so what market did you see at that time to call it a bear ? even though there are so many people who are able to make money in 2017 who then fall asleep and lose money the following year.

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May 02, 2022, 12:58:06 PM
 #19

My prediction is gameFi or any project related to nft play-to-earn will survive in a bear market. these utilities have strong fundamentals and their ecosystem is active and healthy even though the market is not doing well. I'm saying this because looking at Axie's early release, this project came as a surprise when the market wasn't very good for a new project. and that's why if a bear market starts the play-to-earn projects at least will survive.

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May 02, 2022, 01:52:00 PM
 #20

My prediction is gameFi or any project related to nft play-to-earn will survive in a bear market. these utilities have strong fundamentals and their ecosystem is active and healthy even though the market is not doing well. I'm saying this because looking at Axie's early release, this project came as a surprise when the market wasn't very good for a new project. and that's why if a bear market starts the play-to-earn projects at least will survive.

Maybe the survival of the play-to-earn project is because more and more people now want to join the fi game they are too in love with the game so they want to see the game fi continue to live and survive under any circumstances,
Even though the market is currently not doing well
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