The crypto winter refers to a prolonged bear market. From an investment perspective, this presents an opportunity to find the top crypto to buy that is high-quality and at a favorable price.
In this guide, we reveal the best crypto winter tokens to buy in 2024.
Full Analysis of the Best Coins to Invest in During the Crypto Winter
There are many options to consider when searching for the best coins to invest in during the crypto winter. In the sections below, we analyze the 10 best crypto winter tokens from the list above.
1. Sponge V2 – Top Meme Coin With a 500% Staking APY
Sponge V2 is a meme coin upgrade from the already successful Sponge V1. The first version peaked at $100 million market cap in 2023, earning 100x for those who bought the presale and held to the top.
Aside from being a meme coin, Sponge V2 aims to build a Sponge play-to-earn racing game that will bring utility to the token.
If you already hold Sponge V1 tokens, you can stake them on the Sponge V2 site to get your upgraded tokens. If you don’t have V1 tokens, though, visit the Sponge V2 site and purchase the tokens with ETH and USDT. You need an Ethereum-based wallet to complete the purchase.
Once you have that ready, stake your tokens to earn over 500% annual percentage yield. The sooner you stake, the more tokens you can earn as the APY will drop as more tokens are staked.
This is an excellent way to add more tokens to your bag without actually purchasing them.
In the Sponge V2 whitepaper, the team has outlined three stages on the project’s roadmap. We are now in the first stage where the token staking is live. Stage two will let you claim your tokens, and $SPONGEV2 will be listed on major exchanges. In the final stage, the team will launch the racing game.
Tokens available in presale
USDT, ETH, Card
2. Bitcoin Minetrix – PoS Mine-to-Stake Cryptocurrency Offering Cloud Mining Credits, Newly Launched on Presale
Bitcoin Minetrix ($BTCMTX) is a new cryptocurrency platform tokenizing cloud mining. This cryptocurrency will combine token staking and cloud ming, adopting the concept of stake-to-mine.
Bitcoin Minetrix will leverage $BTCMTX, the native cryptocurrency, to offer token holders with cloud mining credits. These credits are ERC-20 tokens which cannot be traded. Since many other third-party cloud mining corporations scam investors, tokenizing cloud mining offers more transparency and security.
To earn these credits, members can stake their $BTCMTX tokens on an Ethereum-based smart contract. One can also earn very high APYs (Annual Percentage Yields) by staking $BTCMTX. Your credits can be burned on the ecosystem to earn Bitcoin mining power. This is leveraged to get allocated mining times through which you earn a share of mining revenue.
The Bitcoin Minetrix solution is cost-efficient since members do not need to set up their own mining rigs or pay for advanced equipment. Decentralized cloud mining and offering ERC-20 credits gives more autonomy and security to users. Finally, the solution reduces the entry barrier for earning through cloud mining.
To get started with Bitcoin Minetrix, investors can buy $BTCMTX through the ongoing presale. The presale will consist of ten rounds and allocate 2.8 billion tokens – 70% of the total 4 billion token supply. Currently, $BTCMTX is priced at $0.011 during the first round but will rise to $0.0119 by the final stage.
In only two days, the presale has raised more than $150K. By the crypto winter, Bitcoin Minetrix would have listed $BTCMTX on crypto exchanges. As the stake-to-mine mechanism will be launched after the presale, $BTCMTX could be one of the hottest tokens to hold by the end of the year.
Tokens available in presale
USDT, ETH, BNB
3. Meme Kombat – Fight with Meme Coin Avatars on a Battle Arena and Earn High APYs
Meme Kombat is a new meme cryptocurrency platform that is offering an AI-driven battle arena. With $MK, the native cryptocurrency, users can earn high staking rewards and wager on live games.
This battle arena will allow players to battle against each other by leveraging various meme coin avatars. According to the platform roadmap, the battle arena will be released in different seasons. The first season will feature 11 avatars of popular meme coins such as Spongebob and Pepe Coin.
To join this battle arena, $MK holders can wager their holdings and make bets on multiple live battles. Meme Kombat offers Player vs Player and Player vs Game betting opportunities. To earn more rewards, users can bet on the final outcome of battles and the first move that opponents will make.
This new crypto token also allows users to stake their holdings to generate passive income. Investors who buy $MK on presale will see their tokens get automatically staked – earning an APY (Annual Percentage Yield) of 112%. After the presale ends, you can stake your holdings on the official staking pool.
By the start of the crypto winter, Meme Kombat will have completed its cryptocurrency presale. From a total supply of 120 million – 60 million tokens has been allocated for the presale. A further 10% will be allocated for the future DEX listing.
Since the presale launched, Meme Kombat has raised over $730K. The platform is looking to raise $10 million through the presale. The remaining tokens will be offered through staking, battle, and community rewards.
Tokens available in presale
USDT, ETH, BNB
4. eTukTuk – Sustainable Cryptocurrency Used to Charge EV TukTuks at Charging Stations
eTukTuk (TUK) has spent the last 5 years developing a platform to help TukTuk drivers make the switch to more sustainable transportation methods.
Currently, more than 270 million TukTuks operate on Internal Combustion Engines (ICEs). These vehicles create more carbon emissions than cars. Thus, ICEs are becoming obsolete, since they are run on non-renewable forms of energy, such as fossil fuels.
eTukTuk promotes the adoption of zero-emission vehicles (ZEVs) and will create electric vehicle supply equipment (EVSE) and charging stations in developing countries.
Built on the Cardano blockchain, $TUK will be used as a payment method for the charging stations. Since the blockchain is highly scalable and charges low fees, TukTuk drivers will easily be able to charge their EVs.
These EVSEs will be created in areas known as ‘territories.’ Each territory will be set up with the help of a territory partner. Since the territory partners will operate locally, eTukTuk will help save costs by almost 400%.
The territory partners will get paid a commission on each transaction that takes place at the EV charging stations. Token holders can also stake $TUK into power nodes and earn a passive income.
For the token presale, 250 million of the total 2 billion token supply will be made available. Around $50k has been raised in the presale so far.
Join the eTukTuk Telegram channel for the latest news on the project.
5. yPredict: Best Winter Token for Predictive Crypto Market Analysis
yPredict ($YPRED) is a new cryptocurrency platform combining the power of machine learning and analytic tools for predicting financial markets, especially those about cryptocurrency.
The platform uses its native token, YPRED, to incentivize data science. ML experts create predictive models and allow holders to earn additional assets through staking and other mechanisms.
YPRED is one of the best crypto winter tokens to buy right now because it offers a solution to the unpredictability of the crypto market. Investors would appear to agree with almost $4 million raised in the presale so far.
The ecosystem uses advanced mathematical techniques and metrics to study market moves and calculate future outcomes. As a result, it can help traders minimize the impact price volatility has on their assets.
Moreover, the project’s whitepaper states that YPRED’s maximum supply is set at 100 million tokens, half of which will be unlocked at the time of listing. The supply limit will likely increase the token value, especially if current trends continue.
Now is a good time to buy YPRED tokens as they are currently still in their presale stage, coming at a price of only $0.10. However, keep in mind that this will change as the project moves through the ensuing stages, eventually driving the token price up 20% to $0.12. You can follow the price status on yPredict’s official site and join its Telegram channel for more information.
YPRED holders will be able to access the ecosystem without additional charges and earn a share of 10% of the platform’s revenue.
Meanwhile, developers can earn recurring income by selling subscriptions to their predictive models, banking as much as 70% of the full price.
ETH, MATIC, USDT, BNB, Card
6. Bitcoin – Most Popular Crypto Token and a Solid Store of Value
Presales offer the greatest upside potential even during a crypto winter but established tokens like Bitcoin are also an important component of an investor’s portfolio and BTC has forever been a favorite long-term crypto investment.
Bitcoin remains the largest crypto token by market cap and will likely do so indefinitely. Therefore, the crypto winter has presented a great opportunity to buy Bitcoin at a discount. But as one of the most volatile cryptos on the market, is BTC still a good buy during a crypto winter?
After hitting an all-time high of almost $69,000 during the previous bull run, Bitcoin has since fallen to 52-week lows of $16,000. As of writing, Bitcoin is trading at around $27,000, which is more than 50% above its 52-week low. However, this current price point still means that Bitcoin is available to buy at a 60% discount from its former all-time high.
It remains to be seen how long the crypto winter will remain in place. This means that the best way to invest in Bitcoin is through dollar-cost averaging.
7. Uniswap – Decentralized Exchange for Trading Tokens via Automated Market Makers
Uniwap is one of the best crypto winter tokens to buy for exposure to decentralized finance (DeFi). This established exchange enables traders to buy and sell tokens without needing a third party, let alone conventional order books.
Instead, Uniswap has revolutionized online trading through its automated market maker (AMM) model.
Put simply, this allows a buyer to purchase a token without needing a seller. This is possible because the AMM framework uses liquidity pools. Each pool is funded by investors, which enables them to earn a passive income. Uniswap is backed by an ERC-20 token, UNI. When compared to its 52-week high of $12.43, UNI is trading at a 54% discount right now.
8. Solana – Great Smart Contract Alternative to the Ethereum Blockchain
Although Ethereum is the de-facto smart contract platform, there are alternative options with higher upside potential. Solana, for example, can process transactions more efficiently and cost-effectively in comparison to Ethefact, Solana can process many thousands of transactions per second. Fees amount to a small fraction of a cent.
The Solana founders are actively working to overcome the negative impact of FTX’s stain on their token, striving to regain confidence and momentum in the maInAnd in terms of valuation, SOL carries a much lower market capitalization than Ethereum, at $8.5 billion and $200 billion respectively. Solana is also one of the best crypto winter tokens to buy for value, considering its current price. For instance, compared to its 52-week high price of $143, Solana can be purchased at an 86% discount.
9. Cosmos – Blockchain Interoperability Solutions for the Future of Web3
Cosmos continues to build its decentralized framework, which provides blockchain interoperability solutions. In simple terms, this means that through Cosmos, blockchains can communicate and share data. This is the case even if the two blockchains use completely different consensus mechanisms.
For instance, a Bitcoin transaction could run in conjunction with an Ethereum smart contract. In the future of web3, interoperability is expected to play a major role. As such, Cosmos and its underlying ATOM token could be one of the best crypto winter coins to buy today. Compared to its 52-week high, ATOM is trading at a 63% discount.
10. Ripple – Cross-Border Payment Network for Financial Institutions
Ripple is one of the most established blockchain projects in the market. Founded in 2012, Ripple has built a cross-border payments network that facilitates international transfers. XRP, the project’s native token, sits at the heart of the Ripple framework. This is because XRP provides liquidity when non-major currencies are being transferred.
For instance, a bank in Kenya might need to transfer funds to a manufacturer in Brazil. When performing this transaction through SWIFT, high fees and slow processing times are likely.
Through Ripple, however, the transfer will take just 4-5 seconds and cost less than a cent. XRP is trading at a 40% discount compared to its 52-week high, meaning it is still one of the top penny cryptos to buy.
Crypto Winter Explained
The crypto winter refers to an extended bear market. This is a period where broader crypto prices decline, often by 70% or more. For instance, Bitcoin hit $69,000 in late 2021 only to decline by 75% down to $16,000. Cryptocurrencies with a smaller market cap have since seen even larger declines.
We should make it clear that the crypto market has gone through many bearish periods previously. Seasoned investors will use this time to build a portfolio of high-quality tokens at a huge discount. For instance, why pay $69,000 for Bitcoin when the world’s most popular crypto token can be purchased for just $16,000?
In terms of how long a crypto winter lasts, there is no definitive way to say with any certainty. Bitcoin has increased by more than 50% since hitting lows of $16,000, so this is good news for the industry. Many other cryptocurrencies have also shown signs of recovery – nonetheless, the crypto winter is still firmly in place.
Reasons to Invest During a Crypto Winter
Instead of avoiding the industry during a bear market, seasoned investors will often double down.
This is because the crypto winter offers many opportunities to purchase top-rated tokens at a favorable price. Here’s what to consider when assessing the best crypto to buy during the crypto winter.
Discounts From Prior All-Time Highs
Many of the top 100 crypto assets are trading at discounts of 70% or more. This is when compared to former all-time highs during the last altcoin season, many of which were achieved in late 2021.
Crucially, if an investor believes in the future of a crypto token, then it makes sense to invest when prices are low. This is no different from buying S&P 500 stocks during a bear market.
Presales Offer Extended Gains
Even amid a crypto winter, many newly launched tokens can be purchased via a presale campaign. Due to the low entry price, presales continue to be popular with growth investors.
This is why Sponge V2, Bitcoin Minetrix, and Meme Kombat are some of the best crypto winter tokens to buy.
While the crypto winter causes a strain on broader market prices, this offers a great time to build a portfolio of cheap digital assets.
One of the top cryptos we have reviewed is Sponge V2, a presale that is building on the success of Sponge V1, which surged 100x from the presale price.
Which crypto token has the most potential?
What is the crypto winter?
Is the crypto winter ending?