Bear market: The 3 best cryptocurrencies of the moment to buy

Balance (BAL)

Balancer is an Ethereum-based token for powering an AMM (automated market maker) type decentralized exchange (DEX) and offers automated portfolio management. It’s like Uniswap with more features.

The project attempts to motivate distributed computer networks to operate an exchange where users can easily buy and sell any crypto.

$BAL $BALUSD #BALANCER @BalancerLabs – 1H: The bullish trend is currently very strong on BALANCER – BAL/USD. As long as the price remains above the support at , we could… https://t.co/8BSrTbg1E7

Balancer offers wallets that automatically rebalance and deliver performance. Balancer flips the idea of ​​an index fund by paying traders to rebalance your portfolio by looking for arbitrage opportunities, rather than paying fees to portfolio managers to do so.

This protocol combines crowdsourced liquidity from investors’ portfolios with its smart order router to locate the best available prices. You can trade ERC-20 tokens easily and without restrictions.

Since the June low, the Crypto Balancer (BAL) climbed almost 100%, it is hardly influenced by the stagnation of Bitcoin in the half of 2022.

Cosmos (ATOM)

ATOM was one of the best performing cryptocurrencies in the second half of 2022. The Cosmos project continues to make progress and experience growth. Fascinating advancements are happening right now, such as the impending integration of the IBC from Cosmos to the Polkadot network, as well as the integration of Cosmos from the Beacon chain of Ethereum after the Merge.

πŸ“Œ Investment manager #VanEck has published an optimistic analysis of #Cosmos (#ATOM) and its potential in the years to come. https://t.co/Em9JRz8gJw

The demand for ATOM will undoubtedly increase following these alliances or partnerships. Also, the Cosmos network will integrate with other blockchain networks.

Read also 3 ideal cryptocurrencies to invest (serenely) in blockchain technology

Chiliz (CHZ)

This is one of the big winners of the semester of 2022. According to Santiment, a cryptocurrency analysis company, whale trades have been climbing on the Chiliz network since late March. The agency maintains that the spike could continue even if the whales take profits.

πŸ“ˆ Do you think the $CHZ will make its 12th consecutive green candle weekly this week? #chz #chiliz #Cryptos #cryptocurrencies https://t.co/r6x7uKN0On

Chiliz creator Alexandre Dreyfus has announced that the network will stop using the Ethereum network to issue its fungible and non-fungible coins (NFTs) in favor of its own native chain, CHZ 2.0.

However, leaving Ethereum could deprive it of some liquidity, as Ethereum is the center of DeFi.

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