Injective

GambleFi

Bitcoin

Chainlink

<img src="https://cdn.thebittimes.com/images/2023/10/13/1697200511.webp" alt="" width="626" height="626">
The bears appear to be in control of the crypto market as the calls of “Uptober” by the bulls are slowly dying down.&nbsp;
Bitcoin has dipped under the $27,000 price mark, closing two daily candles below that level so far. Meanwhile, Ethereum, Solana and Toncoin are leading the correction in altcoins.
<img src="https://cdn.thebittimes.com/images/2023/10/13/1697200545.webp" alt="" width="800" height="371">
Some altcoins however are holding up better than others, such as LINK and XRP which is green in the past 24 hours and tops our list of the best cryptos to buy now.
The Consumer Price Index released today reveals that the inflation level in the economy remains much higher than the Federal Reserve’s target of 2%. Furthermore, the Israel - Palestine conflict has introduced some uncertainty in the market.
In this article we review the XRP price action, Chainlink, and some new altcoins that are attracting early investors at the presale stage.
<h2 id="strong-best-crypto-to-buy-now-during-the-dip-strong">Best Crypto To Buy Now During The Dip</h2>
Despite the prevalent bearish outlook, experts and smart money traders are bullish on a few tokens that they believe are presenting excellent “buy the dip” opportunities. New tokens, in particular the ones offering high staking rewards, are also gaining significant traction.&nbsp;
With this in mind, we list the 6 best cryptocurrencies to buy during the current bear market:
<h3 id="strong-ripple-xrp-strong">Ripple (XRP)</h3>
When considering the best cryptocurrency to buy today, experts believe that XRP is a no-brainer pick as the token’s parent company Ripple continues to score major victories against the SEC.
Initially, Judge Torres of the Southern District of New York ruled that XRP is not a security, dealing a major blow to the SEC’s anti-crypto stance. She then doubled down on her decision by rejecting the SEC’s motion for an interlocutory appeal against her initial ruling.&nbsp;
Therefore, XRP’s non-security status has become the law of the land for the foreseeable future. Proponents of the token believe that XRP is now only the second crypto asset after Bitcoin to have regulatory clarity in the US.
Experts also highlight that Ripple’s victories came during periods of extreme bearishness when the crypto market was suffering from a major liquidity crunch. Therefore, the token is primed for a strong bullish move during the next bull market.&nbsp;
<img src="https://cdn.thebittimes.com/images/2023/10/13/1697200581.webp" alt="" width="586" height="569">
Like the rest of the market, XRP is also showing weakness in the short term and is currently trading at the $0.48 mark. However, according to popular trader <a href="https://x.com/realXRPwhale/status/1712497257344282861?s=20" target="_blank" rel="noopener noreferrer nofollow">@realXRPwhale</a>, who has over 110k followers on Twitter, the token is set to bounce from its support at $0.47 and will likely see a strong pump in the coming days.&nbsp;
In such a scenario, the bulls could look to target the 50-month Exponential Moving Average at $0.503, which could lead to a strong continuation.&nbsp;
<h3 id="strong-bitcoin-minetrix-btcmtx-strong">Bitcoin Minetrix ($BTCMTX)</h3>
While the Bitcoin price continues to display weakness, a new cryptocurrency - <a href="https://shrt.care/f24415e8?referrer=6-best-crypto-to-buy-now-while-bitcoin-price-bearish---xrp-link--new-altcoins" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Minetrix</a> - is gaining significant traction amongst investors. In less than two weeks, the token has already raised over $1.1 million in its presale phase, despite the bearishness in the broader crypto market.
<img src="https://cdn.thebittimes.com/images/2023/10/13/1697200621.webp" alt="" width="800" height="364">
In particular, Bitcoin Minetrix is gaining popularity amongst small-scale retail investors looking to accumulate BTC mining rewards, without having to run an entire mining operation.&nbsp;
In today’s day and age, the crypto mining industry has become the monopoly of wealthy corporations. Giants like Riots Platforms deploy expensive mining equipment and are able to produce hundreds of BTCs every month. On the other hand, an everyday investor may need several years just to mine 1 BTC and not before paying thousands of dollars in electricity costs.&nbsp;
Due to this lack of competition, small-scale investors have been excluded from the profitability of the Bitcoin mining industry for over a decade.&nbsp;
Bitcoin Minetrix’s decentralized cloud mining platform is attempting to change this - all one needs to do is purchase $BTCMTX tokens and stake them in exchange for mining credits. These ERC-20 credits are non-transferable but can be burned in exchange for cloud mining time or a percentage of the yields, both resulting in passive mining rewards.&nbsp;
With the crypto prices expected to surge during next year’s bull run, the accumulated BTC rewards could end up being a fortune for investors. Even before the cloud mining platform is launched, investors can start to earn staking rewards in the presale itself.&nbsp;
Bitcoin Minetrix is also the perfect alternative for investors who have previously been disaffected by various cloud mining scams. With its <a href="https://bitcoinminetrix.com/en/dashboard" target="_blank" rel="noopener noreferrer nofollow">stake-to-mine dashboard</a>, investors can see exactly how many mining credits they own and can choose to unstake and sell their tokens at any time.
Interested buyers can purchase the token in the presale itself at $0.011 through bank cards or by swapping ETH, BNB or USDT tokens. However, this price will go up by 17% once the first stage of the presale is completed in less than 4 days or when its cap of $1.54 million sells out.&nbsp;
<a href="https://shrt.care/f24415e8?referrer=6-best-crypto-to-buy-now-while-bitcoin-price-bearish---xrp-link--new-altcoins" target="_blank" rel="noopener noreferrer nofollow">Visit Bitcoin Minetrix Presale</a>
<h3 id="strong-chainlink-link-strong">Chainlink ($LINK)</h3>
Chainlink, a cutting-edge Web3 services company that is widely recognized for its Oracle technology, has long been pushing the frontiers of blockchain technology and continues to do so. Consequently, its native token - LINK - is expected to be one of the top performers in the coming weeks.&nbsp;
As it proved in the recent SmartCon 2023 event, Chainlink continues to roll out next-gen tooling for Web3 developers such as Data Streams - its new low-latency oracle solution. In fact, Data Streams has already been launched on Arbitrum One and is currently being leveraged by decentralized perpetual exchange GMX.&nbsp;
However, Chainlink’s Cross-Chain Interoperability Protocol could be the thing that turns out to be the game-changer for $LINK. In just the past month, major financial institutions such as SWIFT and&nbsp; ANZ have partnered with the company to use CCIP to combine traditional banking with blockchain technology, leading to a strong breakout in LINK - the token has surged 20% in the past month alone.&nbsp;
<img src="https://cdn.thebittimes.com/images/2023/10/13/1697200664.webp" alt="" width="629" height="386">
K33 Research also believes that LINK is the safest bet for investors looking to jump in on the growing trend of real-world asset tokenization.&nbsp;
<a href="https://x.com/CryptoMichNL/status/1709210444454674909?s=20" target="_blank" rel="noopener noreferrer nofollow">Michael van de Poppe</a>, the co-founder of MN Trading, believes that LINK at its current price of $7.18 could be the opportunity of a lifetime. Crypto analyst <a href="https://x.com/rektcapital/status/1712213648490287139?s=20" target="_blank" rel="noopener noreferrer nofollow">@rektcapital</a>, who has over 450k followers on X, believes that the token’s macro downtrend is over and that it is set for another bullish continuation.&nbsp;
<h3 id="strong-tg-casino-tgc-strong">TG.Casino ($TGC)</h3>
<a href="https://ponypeak.care/b_tgcasinotoken_42430?referrer=6-best-crypto-to-buy-now-while-bitcoin-price-bearish---xrp-link--new-altcoins" target="_blank" rel="noopener noreferrer nofollow">TG.Casino</a> is being backed by experts as one of the best crypto to buy now, especially as the GambleFi trend continues to gain significant traction in the crypto market. $TGC is experiencing significant demand in its presale, raising over $800k in just over three weeks.&nbsp;
<img src="https://cdn.thebittimes.com/images/2023/10/13/1697200711.webp" alt="" width="800" height="347">
The project is billed as the “World’s #1 Telegram Casino” as it offers all its crypto gambling services on the popular messaging app. More importantly, it eliminates the burden of any KYC verification or account setup, without compromising on its comprehensive security. Leading review sites such as <a href="https://bitcoincasinos.com/" target="_blank" rel="noopener noreferrer nofollow">bitcoincasinos.com</a> also rate TG.Casino highly.
On TG.Casino, gambling enthusiasts can bet on hundreds of games and sports books including the NBA, NFL, MLB, etc, on top of competing with other players in live events. While other top crypto gambling sites may also offer such services, TG.Casino players are secured by the end-to-end encryption deployed by Telegram. The platform and its token flow are also regularly audited by <a href="https://drive.google.com/file/d/1lAz5Z8dG0xuN-qgYRdJOA95clI7-YYGy/view?usp=sharing" target="_blank" rel="noopener noreferrer nofollow">Coinsult</a>, which has yet to reveal any vulnerability or centralization risks.
TG.Casino is also one of the best crypto to invest in during the current bear market, thanks to its lucrative stake-to-earn feature. Its staking pool is currently offering an APY of over 620%, allowing retail investors to generate passive income irrespective of the token price or the broader market outlook.&nbsp;
The token’s staking mechanism has even caught the attention of some deep-pocketed crypto investors - after all, other popular crypto casinos, including Stake, do not offer this utility. For example, the admin of the <a href="https://t.me/whalepumpgroup23/845" target="_blank" rel="noopener noreferrer nofollow">Crypto Whale Pumps</a> group on Telegram has purchased 10 ETH worth of $TGC tokens in the presale itself and is earning a sizable income every day through staking rewards.&nbsp;
The project also deploys a buy and burn mechanism to boost $TGC’s value - a portion of casino profits will be used to buy back $TGC tokens in the open market, 40% of which will eventually be burned to create a deflationary token supply. The remaining 60% will be distributed as staking rewards.&nbsp;
According to popular trader <a href="https://x.com/CryptoGodJohn/status/1710322731349164388?s=20" rel="noopener noreferrer nofollow">@CryptoGodJohn</a>, GambleFi tokens will be some of the top performers during the next bull market. While tokens like Rollbit coin have already exploded, $TGC allows investors to maximize their earnings by investing in it right from the very start.&nbsp;
However, the TG.Casino presale is less than $200k from its minimum target of $1 million, which means that interested buyers have no time to lose.&nbsp;
<a href="https://ponypeak.care/b_tgcasinotoken_42430?referrer=6-best-crypto-to-buy-now-while-bitcoin-price-bearish---xrp-link--new-altcoins" target="_blank" rel="noopener noreferrer nofollow">Visit TG.Casino Presale</a>
<h3 id="strong-meme-kombat-mk-strong">Meme Kombat ($MK)</h3>
Ever since Pepe’s meteoric rise, investors have been searching for the best meme coin to invest in. According to experts like <a href="https://www.youtube.com/watch?v=J33NeLWR8D4" target="_blank" rel="noopener noreferrer nofollow">Michael Wrubel</a>, <a href="https://bs_c30ba855.cryptofinance.care/?referrer=6-best-crypto-to-buy-now-while-bitcoin-price-bearish---xrp-link--new-altcoins" rel="noopener noreferrer nofollow">Meme Kombat</a> could be the next token to generate explosive price growth, even during the midst of a bear market.&nbsp;
The demand for $MK is evident in the presale itself, with close to $500k worth of tokens sold out in the presale itself.&nbsp;
<img src="https://cdn.thebittimes.com/images/2023/10/13/1697200765.webp" alt="" width="800" height="336">
Meme coins, especially the ones paying homage to popular fictional characters, saw tremendous growth this year. Even Pepe’s popularity was largely due to the famous “Pepe The Frog” meme. However, instead of banking on the craze of just one fictional character, Meme Kombat is capitalizing on 11 of them.&nbsp;
However, $MK is not an ordinary utility-less meme coin, rather it's an amalgamation of popular crypto trends like Play2Earn, GambleFi, artificial intelligence and stake-to-earn.&nbsp;
The Meme Kombat platform will act as a virtual battle arena between these 11 characters, each of which represents a popular meme coin like Doge, Shiba, Pepe, Wojak and Sponge. The use of AI-based dynamic visualization and random sequencing will make the battles unpredictable and exciting, allowing players to bet on the outcome of the game.
The project allows investors to achieve a perfect balance between risks and rewards - they can purchase $MK tokens and stake them to earn an APY of 112% while also having the option to allocate a portion of their staked tokens towards betting. This feature also incentivizes investors to hold on to their tokens for longer periods, preventing any kind of pump-and-dump price action.&nbsp;
After all, the developer team behind Meme Kombat is dedicated to the long-term success of the project. To quell any fear of a scam or a rug pull, every key team member’s identity has been revealed, including the founder Matt Whiteman. This level of transparency fosters trust between investors and the team.&nbsp;
<a href="https://bs_c30ba855.cryptofinance.care/?referrer=6-best-crypto-to-buy-now-while-bitcoin-price-bearish---xrp-link--new-altcoins" target="_blank" rel="noopener noreferrer nofollow">Visit Meme Kombat Presale</a>
<h3 id="strong-injective-inj-strong">Injective ($INJ)</h3>
Injective is a scalable Layer 1 blockchain that is designed to build the next generation of DeFi apps, fueled by its native token - INJ.&nbsp;
INJ is another token that is being backed by experts as one of the top cryptos to invest in today. In fact, popular trader <a href="https://x.com/CryptoTony__/status/1709885643646550117?s=20" target="_blank" rel="noopener noreferrer nofollow">@CryptoTony__</a>, who has close to 350k subscribers on X, rates it as one of the best tokens for the next bull run and believes that it would hit the $100 mark.&nbsp;
Despite the current bearishness, Tony is impressed by the token’s resilience, calling it “one of the best macro charts.” After all, while most crypto prices are depreciating in the daily time frame, $INJ has surged close to 1% over the same period to trade at $7.4. According to trader <a href="https://x.com/ChiefraFba/status/1710996540108513653?s=20" target="_blank" rel="noopener noreferrer nofollow">@ChiefraFba</a>, Injective is one of the 7 altcoins that have outperformed Bitcoin so far this year.&nbsp;
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/6-best-crypto-to-buy-now-during-bitcoin-price-dip-xrp-link-new-altcoins-tbt66257.html">https://thebittimes.com/6-best-crypto-to-buy-now-during-bitcoin-price-dip-xrp-link-new-altcoins-tbt66257.html</a>

6 Best Crypto To Buy Now During Bitcoin Price Dip - XRP, LINK & New Altcoins

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