Has your crypto portfolio been struggling in recent weeks? If it has, you’re not alone. Much of the market is in turmoil. And this isn’t necessarily because of a lack of confidence in crypto itself—it’s down to wider economic implications. Traditional stocks are way down, too. And with a recession on its way, the implications could be huge. But that doesn’t mean it’s over for crypto, far from it. And some analysts predict crypto could be the way out of this mess.
While nobody knows how coins will behave over the coming weeks, there’s still a ton of upside for the crypto space. Many are even arguing now is the time to buy the dip. And with lots of projects available at a massive discount compared to a few months ago, that could be a prudent decision.
But if your portfolio needs rescuing, there are still good crypto projects. Not everything is down, and not every coin is struggling. Even for those that are, a longer-term mindset might be wise. Short-term gains can be difficult with such unpredictable volatility, but crypto is still the future of the finance space. And if you hold some of these coins long enough, they should pay off when the global economic situation finally starts. So what options exist for rescuing your crypto portfolio from the current bear market?
Gnox (GNOX)
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Gnox is arguably the best addition to your portfolio right now, and it’s already shown extremely strong price gains in recent weeks. It is backed by an innovative solution that solves many issues in the DeFi space by giving regular investors access to real passive income thanks to Yield Farming as a Service. And GNOX is still available at a discount during pre-sale, so now could be the perfect time to buy.
Theta Token (THETA)
The Theta blockchain is unique in being the only decentralized video streaming platform, with various technological innovations that set it apart from traditional video platforms. And that makes it perfectly placed to lead the charge for the next generation of blockchain solutions and their adoption into the mainstream of the internet. Theta Token, as the native coin for the blockchain, could be a great investment. Theta Token has recently shown some price consolidation, and while it’s down from all-time highs, now could be the time to buy.
Filecoin (FIL)
Filecoin aims to make the internet even more secure with its decentralized data storage protocol and marketplace. And analysts are predicting big things for this project that are available at an arguable discount of around $5.28. It has the potential to grow, so that it could be a great addition to your portfolio.
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GNOX, THETA, and FIL could all be perfect for your portfolio right now as you try and rescue your holdings from bear market failures.
