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CRYPTO VIEWS : The massive bear market may not be sustained by these 07 cryptocurrencies.


 Few cryptocurrencies are on the verge of extinction in this big bear market, hanging by a thread.

The majority of the top-tier cryptocurrencies have lost up to 40% of their value in the last few weeks, which has caused the cryptocurrency market to experience some turbulence. This also applies to digital currencies like Shiba Inu, Ethereum, and others. The main cause of the gloomy feeling in the cryptocurrency market is fear. Crypto investors panicked and started selling other coins as well as Terra as it plummeted, ultimately destroying the cryptocurrency industry. But for present, there are some encouraging signals for the bitcoin sector. Still, there are a few cryptocurrencies that are perilously close to collapsing in this severe bear market.
Seven cryptocurrencies listed below may not survive the severe bear market:

Shiba Inu :
Over the past few months, the Shiba Inu (SHIB) price has drastically decreased. The coin will experience slight gains before falling even lower during the subsequent bear market scenario. Due to this, it has been falling for the past five months, and according to crypto experts, Shiba Inu may continue to fall. The declining amount of transactions, lowering holder accounts, and declining token price are currently SHIB's three greatest issues. Despite being universally adored, there is a potential that Shiba Inu won't make it through the bear market.

Terra :
How is it possible to ignore the well-known Terra Luna crash? One of the cryptocurrencies responsible for the adverse swing in the cryptocurrency market is Terra. Terra has experienced it all, from touching its ATH of US$118 in April to going entirely to zero in May 2022. After a significant sell-off on May 9, its value had dropped to 35 cents.

TerraUSD :
The cryptocurrency market is known for its volatility, but the demise of algorithmic stablecoin TerraUSD (UST) shocked the whole industry. The price of TerraUSD fell dramatically below its intended peg of $1. In the 24 hours leading up to 4:30 PM ET on Thursday, May 12, Luna, the native currency of the Terra blockchain, fell by about 97 percent as well.

Zcash :
One of the most renowned technological teams in the world launched Zcash. The "https of blockchains," Zcash safeguards your right to save and spend money as you see fit. The first project to use zk-SNARKs, a cutting-edge type of zero-knowledge cryptography that offers its users the highest level of privacy possible in any digital currency, was Zcash. Funding is provided to numerous, independent groups for Zcash innovation.

Avalanche :
According to CoinMarketCap data, Avalanche (AVAX), the native token of the smart-contracts platform run by former Cornell professor Emin Gün Sirer, lost approximately 16 percent of its value in the last day and is now worth US$27.94. With a market capitalization of $7.6 billion, AVAX is the thirteenth-largest cryptocurrency. As a result of today's bearish movement, the token is now 80 percent below its all-time high, which was set in November 2021 at US$146.22.

Cardano :
This price decline and the reason the Cardano price is not rising can be attributed to a number of things. The first cause is the collapse of the cryptocurrency market. The money market, including the cryptocurrency market, has fallen as a result of FED disruptions during the previous few months. Cardano and the overall crypto market are currently pessimistic due to FED as well. The competition is another significant factor in why the price of Cardano is not rising. The crypto community is being drawn in by exciting new projects that are providing better profits.

Uniswap :
A well-liked decentralised trading protocol called Uniswap is well-known for enabling automatic trading of tokens related to decentralised finance (DeFi). Uniswap, an automated market maker (AMM) example, debuted in November 2018 but has experienced significant growth this year as a result of the DeFi phenomenon and the ensuing spike in token trading. 
      Uniswap promises to increase the efficiency of trading on the blockchain compared to that of conventional exchanges while keeping token trading automated and totally available to anybody who possesses tokens.


Disclaimer: This article's content is only offered for educational reasons and is the author's personal opinion; it is not intended to be investment advice. By doing so, you acknowledge that the information is not intended to serve as investment advice or financial guidance. Before making any investing decisions, be sure to do your own research and consult with financial professionals.


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