- We look at when the bear market is likely to end in 2023, following a tough last year for crypto.
- We also look at three high potential tokens that look set to make big gains this year.
The cryptocurrency and global markets experienced a turbulent run during 2022, with the crypto bear market now lasting more than a year following the November 2021 peak.
With some promising signs of a rebound, and the next Bitcoin halving looming, investors are now looking for the next big digital assets to buy for the upcoming bull run.
This guide will review three promising new cryptocurrencies, all of which are available to buy on presale. Let’s take a look at why Fight Out (FGHT), Dash 2 Trade (D2T) and C+Charge (CCHG) can be promising tokens to invest in right now.
When will the Bear Market End?
During the cryptocurrency peak in November 2021, the digital assets sector reached an all-time high (ATH) market cap of more than $3 trillion – now, 14 months later, the crypto industry has a market cap of just $820 billion – equating to brutal a 72% correction.
2022 was affected by numerous macroeconomic factors, including an increase in inflationary data leading to price hikes and economic instability, the Russo-Ukrainian War and European energy crisis and political instability in many major economic areas.
However, there are already signs of a possible bounce back in 2023. In November and December 2022, the crypto markets spiralled downwards after FTX, one of the largest cryptocurrency exchanges in the world, filed for bankruptcy and caused choas and widespread fear in the maket.
Many analysts now believe the bottom is in – or extremely close – with a bull run around the corner, especially with major developments coming in 2023, such as the United Kingdom’s decision to consider cryptocurrencies a regulated asset, the XRP-SEC case to be settled imminently.
Furthermore,…
