This week signified a significant achievement in the history of cryptocurrency. Bitcoin price reached a new all-time high $93,434.36 on November 13
Into the crypto bear market, we zoom out and observe the broader market trends that shaped 2022. Despite the downturn, several promising altcoins managed to steal the show with their resilience and potential. Let’s revisit the standout altcoins of 2022 that left a mark on the crypto landscape.
Altcoins That Stood Out in the Bear Market
1. Dogecoin (DOGE) Surges 90%, Meme Coins Shine Bright
Dogecoin kicked off 2022 by reclaiming the spotlight with an explosive 90% surge. This rally occurred during a market bull run, fueled by the hype surrounding meme coins and Dogecoin's status as the "original meme coin."
As the market shifted its focus toward meme coins during the bull run, DOGE price surged from $0.0747 at the beginning of the week to a peak of $0.44 before correcting slightly to $0.3747. However, resistance remained strong at the $0.4 price level.
If buyers managed to break through this resistance, the next targets were set at $0.5 and potentially even the all-time high of $0.74. This surge marked a significant gain for Dogecoin, grabbing the attention of both retail traders and mainstream media.
2. Cardano (ADA) Continues Rally, Nearing $1 Milestone
Cardano continued its November rally, adding a robust 74.26% increase to its value this week. ADA has been trading just shy of the $0.6 resistance but seems to have broken through this level. This breakout has brought the next resistance level of $0.7677 into the picture, a value last seen in April and a key resistance to watch.
While the trading volume has tapered off slightly, ADA's bullish sentiment remained strong. This cryptocurrency's long-term potential is highlighted by its all-time high of $3.10, positioning ADA as one of the potential altcoins to buy in this bull run.
3. Minotaurus (MTAUR) Token セール記録更新、Web3 ゲームに革命
Web3 gaming and gaming tokens also saw a lot of interest in 2022, especially with the play-to-earn model gaining traction. One token that stood out in this space was Minotaurus (MTAUR).
Having surpassed the 100,000 USDT presale milestone, MTAUR was priced at 0.00005982 USDT, a 70% markdown from its expected listing price of 0.00020 USDT. This presale offered an excellent entry point for early participants, who saw the token multiply in value as the セール progressed.
MTAUR powers crucial game features, including avatar customization, special zones, and power-ups, making it an integral part of the gameplay experience. Designed for sustainability, the project features a cliff and vesting system in its tokenomics.
Moreover, the token's smart contract audits by SolidProof and Coinsult provided additional confidence, while community-centric incentives like referral programs helped spread the word. With its presale momentum and a growing fanbase, Minotaurus certainly grabbed attention in the massive casual gaming market.
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