Although many analysts and investors believe that a crypto market rebound is still a few months away, there are still opportunities to be found. Considering the market’s current bearish outlook, most investors would be adopting a long view as they look to get back into the market. With that in mind, we’ve compiled a list of six crypto likely to rebound after the market crash.
1. Lucky Block (LBLOCK)
Our top crypto likely to rebound first after the crypto crash is LBLOCK. The digital asset is the network token of Lucky Block – a blockchain gaming service looking to completely revolutionise the gaming industry.
Lucky Block was built to provide improved transparency and fairness to blockchain gaming. The platform is open to anyone, with LBLOCK serving as the gateway. Investors can buy Lucky Block to enjoy access to the games in its ecosystem.
At press time, LBLOCK trades at $0.00090. The crypto asset is up by 0.04% in the past 24 hours.
We believe that LBLOCK is a good buy now for great returns when the market flips bullish. The asset’s developers have announced that its V2 upgrade has passed audits, meaning that they are now clear to list on centralised exchanges.
V2 token audit passed! ✅
That means that we're getting closer to listings on centralized exchanges!
Let the #CountdownToCEXs begin! @SolidProof_io #crypto #audit #CEX #listings #blockchain pic.twitter.com/TZJMPdNOdZ
— Lucky Block (@luckyblockcoin) June 23, 2022
Centralised listings are usually a boost for coins, and we expect to see LBLOCK surge in value when the listings start to roll in.
Cryptoassets are a highly volatile unregulated investment product.
2. Cardano (ADA)
The next option on our list of crypto likely to rebound is ADA. The crypto asset powers the Cardano blockchain – a major blockchain protocol proving to be a suitable home for developers.
ADA, the blockchain’s token, currently trades at $0.46. The coin is up by 1.53% in the past 24 hours, rising along with the market.
Investors looking to buy Cardano will be happy to know that the blockchain’s Vasil hard fork is moving on as planned. After a delay, Vasil has been successfully deployed to Cardano’s testnet. The hard fork has been touted to improve Cardano’s functionality and reduce transaction fees.
We’re happy to report that today at 20:20 UTC the IOG team has successfully hard forked the #Cardano Testnet. This is an important next step in the journey towards the Vasil upgrade on mainnet.
1/10 pic.twitter.com/9F9vzec0pK
— Input Output (@InputOutputHK) July 3, 2022
With Cardano offering a more suitable platform for developers, we expect ADA to see gains in its value.
Cryptoassets are a highly volatile unregulated investment product.
3. Solana (SOL)
SOL is the token for the Solana blockchain. The blockchain has become one of the most prominent blockchains in the market.
SOL currently trades at $37.26. The digital asset is up by 2.55% in the past 24 hours.
We believe that investors should buy Solana because the blockchain’s developers are currently working on breaking into the mobile space. Weeks ago, Solana Labs unveiled the Solana Saga – an Android phone that will provide several Web3 benefits – including the option for users to mint their non-fungible tokens (NFTs).
As the market flips bullish, SOL could be a major asset for most investors.
Cryptoassets are a highly volatile unregulated investment product.
4. Dogecoin (DOGE)
The leading meme coin, DOGE, holds a major place in the market. Its success has drawn a lot of investors and inspired the development of several other assets.
At press time, DOGE trades at $0.068. The asset is up by 2.03% in the past 24 hours, in line with several other large-cap coins looking to rebound.
DOGE is on our list of crypto likely to rebound because of its nature. As the leading meme coin, DOGE is expected to see an influx of investors once the market flips bullish.
At the same time, the coin continues to enjoy massive support. Just this week, The Boring Company – Elon Musk’s tunnel construction company – started allowing DOGE payments for customers looking to take rides on its Las Vegas transit system.
Supporting Doge wherever possible
— Elon Musk (@elonmusk) July 6, 2022
Continued adoption should spur more investors to buy Dogecoin.
Cryptoassets are a highly volatile unregulated investment product.
5. Polkadot (DOT)
Polkadot is a third-generation blockchain protocol looking to solve the blockchain trilemma by using parachains – distinct blockchains that are connected to a central Relay Chain. Its DOT token has become one of the most valuable in the market.
Currently, DOT trades at $7.03. The asset is up by 1.98% in the past 24 hours.
Investors can buy Polkadot as the blockchain continues to grow. Last week, its developers announced Gov2 – a new governance model for Polkadot that will make it more decentralised.
The blockchain’s developers have also announced “Frequency” – a decentralised social media parachain. Continued expansion should bolster DOT’s price even more, especially after the market downturn.
Cryptoassets are a highly volatile unregulated investment product.
6. Maker (MKR)
Maker is currently the largest decentralised finance (DeFi) market protocol. The protocol focuses on lending, allowing users to easily access funds without going through lengthy processes. Maker is also controlled by MakerDAO – the same DAO controlling the DAI stablecoin.
Trading at $986, MKR is up by 2.32% in the past 24 hours.
Investors looking to buy Maker will be pleased with its performance amid the downturn. MakerDAO recently passed a proposal to invest $500 million in real-world assets like treasury bills and corporate bonds.
The Maker Governance votes to determine how to allocate 500 million DAI between different investment strategies.
This allocation poll is a result of the passage of MIP65: Monetalis Clydesdale: Liquid Bond Strategy & Execution.
A recap on how it would work.
— Maker (@MakerDAO) June 27, 2022
This should bolster their stability and encourage investors to remain focused on the long-term view.
Cryptoassets are a highly volatile unregulated investment product.
Conclusion – 6 Crypto Likely to Rebound First & Hardest After the Crypto Crash
This article has the top crypto likely to rebound, and while several are promising, we highly recommend the crypto gaming platform, Lucky Block.
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