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Top developing tokens to buy during a bear market

By: Invezz

VeChain (VET/USD), Cardano (ADA/USD), and Ethereum (ETH/USD) are some of the top developing cryptocurrencies you can get during the bear market.

In the latest crypto news, the VeChain Foundation has announced a new era within the final stage of PoA 2.0, seamlessly forked from the mainnet and adding “finality” to VeChainThor. 

Through this update, they aim to provide a solid platform for sustainability both in energy consumption and real-world change.

The Cardano Foundation made an announcement on November 18, 2022, that the proposal to change CIP-0001 is staged for merging during the next CIP editor’s meeting, which is occurring on November 22.

Vitalik Buterin announced a new section within the Ethereum roadmap known as The Scourge, which aims to ensure reliable and credibly neutral transaction inclusion and avoid centralization and other protocol risks.

These are by far some of the most-developed blockchain networks, and their native cryptocurrencies can grow as a result.

Should you buy VeChain (VET)?

On November 18, 2022, VeChain (VET) had a value of $0.01927683.

VET/USD Chart by Tradingview.

The all-time high of VeChain (VET) was on April 19, 2021, when it reached a value of $0.280991. Here we can see it was $0.26171417 higher in value, or 1,357% higher at its ATH. 

When we go over its 7-day performance, VeChain (VET)’s low point was at $0.01813648, while the high point was at $0.02201530. This marked an increase of $0.00387882 or 21%.

However, when we look at the 24-hour performance,e the low point was at $0.01905306, while the high point was at $0.01970210. Here we can see an increase of $0.00064904 or by 3%.With this in mind, investors should buy VET, as it can climb to $0.023 by the end of November 2022.

Should you buy Cardano (ADA)?

On November 18, 2022, Cardano (ADA) had a value of $0.3307.

ADA/USD Chart by Tradingview.

The all-time high of Cardano (ADA) was on September 2, 2021, at a value of $3.09. Here we can see the cryptocurrency was $2.7593 higher in value at its ATH, or by 834%.

The weekly performance of Cardano (ADA) indicates its low point was at $0.317813, while its high point was at $0.365704. Here we can see an increase of $0.047891 or by 15%.

In terms of the 24-hour performance, the low point was at $0.320816, while the low point was at $0.331902. This marked an increase of $0.011086 or by 3%.

Investors will want to buy ADA while it’s lower, as it can climb to $0.42 by the end of November 2022.

Should you buy Ethereum (ETH)?

On November 18, 2022, Ethereum (ETH) had a value of $1,224.50.

ETH/USD Chart by Tradingview.

When we look at its ATH, Ethereum (ETH) reached $4,878.26 on November 10, 2021. Here we can see the token was $3,653.76 higher in value at its ATH, or 298% higher.

Looking at its weekly performance, Ethereum (ETH) had its low at $1,183.65, while its high point was at $1,293.91. Here we can see a 9% difference, or by $110.26.

Regarding the 24-hour performance, Ethereum (ETH) had a low point at $1,189.26, while the high point was at $1,228.46. Here we can see a difference of $39.2 or by 3.3%.

Investors will still want to jump in and buy ETH as it can climb to $1,300 by the end of November 2022.

The post Top developing tokens to buy during a bear market appeared first on Invezz.

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