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Topic: Which utilities will survive the bear market - page 2. (Read 337 times)

sr. member
Activity: 1008
Merit: 250
What a question, its like asking if smart contract will survive or not but many projects are running their own version of smart contract yet not all of them will survive, we have too many copy cat projects in crypto space this is what's bringing enormous death to many projects.
Projects that try to copy other projects that are already successful are bad projects, so there won't be any meaningful developments on them forever and it's obvious the end is death. This is why there is no need to entrust every project that has emerged into the crypto space before you can really get to grips with the concept.
full member
Activity: 1820
Merit: 107
IMO, I believe most will be affected, but those coins and tokens that survived in the last bearish season will remain strong in the market, and thats for sure because they are already proven with utilities and strong backing with their respective communities and I believe that most of the vulnerable coins and tokens are NFT's, meme coins/tokens and even Defi coins/tokens but some will survive I think especially those already set up a strong foundation.  
hero member
Activity: 3094
Merit: 537
Leading Crypto Sports Betting & Casino Platform
The utility that can still make the demand become sustain. I think that play to earn should become the potential one that can make the project can sustain from the dump during the bearish market. In my opinion that when someone is still able to earning from their game and he will always be playing it no matter what happened with the market. I think that this business model can sustain as long as it has good tokenomic model just like GMT that can sustain during the dump and the price is quite stable at this moment too.
full member
Activity: 259
Merit: 100
My prediction is gameFi or any project related to nft play-to-earn will survive in a bear market. these utilities have strong fundamentals and their ecosystem is active and healthy even though the market is not doing well. I'm saying this because looking at Axie's early release, this project came as a surprise when the market wasn't very good for a new project. and that's why if a bear market starts the play-to-earn projects at least will survive.

Maybe the survival of the play-to-earn project is because more and more people now want to join the fi game they are too in love with the game so they want to see the game fi continue to live and survive under any circumstances,
Even though the market is currently not doing well
full member
Activity: 1204
Merit: 102
My prediction is gameFi or any project related to nft play-to-earn will survive in a bear market. these utilities have strong fundamentals and their ecosystem is active and healthy even though the market is not doing well. I'm saying this because looking at Axie's early release, this project came as a surprise when the market wasn't very good for a new project. and that's why if a bear market starts the play-to-earn projects at least will survive.
hero member
Activity: 1106
Merit: 509
If it is the real bear market as in 2017, nothing will survive it, it only depends which ones will be hit the most. I do agree with a part of your statement, as I believe blockchain coins will be much better than other coins.
I didn't find a bear market in 2017 except the year after, so what market did you see at that time to call it a bear ? even though there are so many people who are able to make money in 2017 who then fall asleep and lose money the following year.
full member
Activity: 1382
Merit: 105
Most of the project that was created hype failed you can see launchpad projects dead, metaverse,NFT, and others, I think in bear market staking projects on ATOM hub will survive because they are giving some staking rewards and also giving a good amount of airdrops.
member
Activity: 201
Merit: 31
KUWA.ai
What a question, its like asking if smart contract will survive or not but many projects are running their own version of smart contract yet not all of them will survive, we have too many copy cat projects in crypto space this is what's bringing enormous death to many projects.
member
Activity: 220
Merit: 12
bitcoin, ethereum and binance coins. those are 3 coins that will stay in the bear market as it is today. besides, if there is a change in the market for the better, then it will start from those 3 coins, specifically bitcoin and ethereum. for other altcoins, it seems difficult for them to survive, except to keep up with the bitcoin price. Whatever developments appear at this time, the 3 coins will continue to survive and adapt. If you haven't decided which coin you want to hold, start with those 3 coins, or one of them.
In the past bear market many altcoins get into the market at the time and they survived, harmony just listed on binance exchange and others like Matic and Solana we're born, see how great they did when BTC hit 67,000$, these coins brings higher returns than BTC, ETH and BNB..
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
bitcoin, ethereum and binance coins. those are 3 coins that will stay in the bear market as it is today. besides, if there is a change in the market for the better, then it will start from those 3 coins, specifically bitcoin and ethereum. for other altcoins, it seems difficult for them to survive, except to keep up with the bitcoin price. Whatever developments appear at this time, the 3 coins will continue to survive and adapt. If you haven't decided which coin you want to hold, start with those 3 coins, or one of them.
legendary
Activity: 2534
Merit: 1397
The very first thing that will be at risk are all the 2021 trend tokens, namely:

- Launchpad tokens
- fan tokens
- meme tokens
- NFT tokens
- Metaverse tokens
- GameFi tokens
- P2E tokens
(....)
Very difficult to identify it, but among the list here are what are the current trends, especially NFTs/Metaverse/P2E.
For me, if ever we will be in a huge and long bear market, the most affected are these new trends and especially if they are in the peak and suddenly the market will start to favor the bear.
For me, I will go on the layer 1 protocols, more on protocols as most of these utilities are built there and additional I will go to some DeFi tokens too and I will avoid such low marketcap projects.
hero member
Activity: 2268
Merit: 507
I can't say which was the strongest utility usage that can make the coin survive during the bearish market. In my opinion that if any utility can make survive but this is also following the hype for the token.
No hype = no buyers for the token and this will be making fear to the market that will create big dump for the market. I do believe if the hype is the main reason that can make the token still sustain from the dump.
If you are watching it carefully and you will know that if people are looking for the hype coin rather than a coin that has utility.
It caused by demand driven by the hype and not utility. Sometime even a token without any utility can be pumped.
member
Activity: 227
Merit: 12
The very first thing that will be at risk are all the 2021 trend tokens, namely:

- Launchpad tokens
- fan tokens
- meme tokens
- NFT tokens
- Metaverse tokens
- GameFi tokens
- P2E tokens

All of this needs to be cleaned up because the market is flooded with a huge amount of pacifier projects, copy projects, and other garbage whose goal is just to make quick money on investors. Most of the projects from the above areas will die in a full bear market and will never rise from the dead again. We all remember the story with most of the junk coin ICOs of the 2017-2018 period. The market needs another self-cleaning.
This is scary, you have mentioned all the available use cases in the crypto space presently  Grin, some metaverse projects will still survive more than others because metaverse hype is not done for, I haven't even seen a fully completed metaverse project yet or have you? The moment this metaverse projects start leaving behind their BETA phase the hype will be back again.
legendary
Activity: 3276
Merit: 2442
Bitcoin without a doubt. The rest are just noise. Metaverse coins are new ICO mania. NFT craze has ended quickly too and people are trying to hype metaverse coins which is even dumber than NFT’s. Have you seen the price of a META share in the stock market? It is dying.
legendary
Activity: 2072
Merit: 4265
✿♥‿♥✿

Bitcoin.  The end.

No seriously, only serious projects make it out.  If you are holding stuff like baby doge, elon inu token, or whatever other wierd coin you are gonna get slaughtered.  I'd stick with bitcoin in a bear market everything else gets crushed, just saying.  To each their own everyone has to learn the hard way at least once.

Plus 1. There were many hopes for other alternative coins, but the only one that does not fail is only Bitcoin. Your own experience, as you say, is the best adviser, and he says: "do not take risks, and do not betray the coin that is always in the top"
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
What type of crypto utility do you think will survive in this coming bear market? Some are saying most layer 1 blockchain projects will fail what about the likes of launchpad platforms, or we should just focus on metaverse only? Since metaverse isn't even close to perfection yet I think 💭 they may actually lead the way in future, what is your thoughts on this?.
Launchpad platforms it will depend on it. Not all will survive the market especially if it has no many users. Regarding L1, if they got plenty of farm and staking relation with good apr then definitely they will survive the market. But the most one yhat can survive above all is the bitcoin. Utility as peer to peer and most decentralized one would always be bitcoin.
full member
Activity: 821
Merit: 100
Volare.network
NFT projects, launchpad projects, tokens from exchanges such as UNI, cake, BNB and others. and the smart contract network also has solid utility in a bear market. maybe it's some utilities that are still strong in the bear market later. otherwise it will be pure dumping until the coin dies. meme coins, defi and all projects that rely on hype will be destroyed and will have no value anymore.
jr. member
Activity: 840
Merit: 6
What type of crypto utility do you think will survive in this coming bear market? Some are saying most layer 1 blockchain projects will fail what about the likes of launchpad platforms, or we should just focus on metaverse only? Since metaverse isn't even close to perfection yet I think 💭 they may actually lead the way in future, what is your thoughts on this?.
The industry is still young and I think we will see a lot of new players in the space that will make some older projects obsolete:

Monero-0xMonero
Ethereum-Internet Computer
Cardano-NEAR
member
Activity: 378
Merit: 11
If it is the real bear market as in 2017, nothing will survive it, it only depends which ones will be hit the most. I do agree with a part of your statement, as I believe blockchain coins will be much better than other coins.
member
Activity: 690
Merit: 12
There are consequences for every action
The very first thing that will be at risk are all the 2021 trend tokens, namely:

- Launchpad tokens
- fan tokens
- meme tokens
- NFT tokens
- Metaverse tokens
- GameFi tokens
- P2E tokens

All of this needs to be cleaned up because the market is flooded with a huge amount of pacifier projects, copy projects, and other garbage whose goal is just to make quick money on investors. Most of the projects from the above areas will die in a full bear market and will never rise from the dead again. We all remember the story with most of the junk coin ICOs of the 2017-2018 period. The market needs another self-cleaning.

From this i find the launchpad, fan and metaverse tokens as the most advantageous on the long term because the market cares about continuity. Gamefi = p2e and it doesnt attract investors no more because it is becoming too much (same metrics) and the roi are never satisfying, how would such token behave in a bearish state ? With fan token, metaverse and launchpad token, you experience continuity and strenght
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