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The first half of 2022 has been one of the worst periods for cryptocurrencies. Since the beginning of the year, significant tokens such as Bitcoin (BTC) and Ethereum (ETH) have declined by 40% to 50%, indicating a bear market 2022.
In addition, cryptocurrency markets have declined by more than 50% year-to-date (YTD), indicating that the bear market may persist for an extended time.
Typically, a bear market happens when financial assets drop more than 20% of their value from their previous all-time highs. According to this classification, cryptocurrency has been in a bear market since April 2022.
Numerous individuals speculate as to when the bear market will finish and if the leading tokens will be able to achieve their prior highs.
We've picked three coins that will appreciate and provide investors with substantial profits. These coins are Elrond (EGLD), Near Protocol (NEAR), and RoboApe (RBA).