Bear Market 2022: Purchase Elrond (EGLD), Near Protocol (NEAR) And RoboApe (RBA) For Future Gains

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.

Timeline of Elrond-egld, Near-protocol,

On June 19th, the Elrond(EGLD) price gave a bullish breakout from a two-and-a-half-month-old resistance trendline. Furthermore, the buyers' failed attempt to surpass an immediate resistance of $56.3 could result in a retest reversal to the descending trendline.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. NEAR's devaluation over the last 10 weeks pulled the alt to find fresher multi-monthly lows on its chart.

Popular crypto market commentary show Coin Bureau recently took a closer look at Solana ($SOL) and Near Protocol ($NEAR). What Is Near Protocol ($NEAR)? Here is what Binance Research said about Near Protocol back in October 2020: “NEAR Protocol is a decentralized application platform designed to make apps similarly usable to those on today's web. The network

Elrond EGLD/USD is a blockchain protocol that offers high transaction throughput and speed due to the fact that it utilizes sharding. The blockchain has a native cryptocurrency token that's dubbed eGold and uses the ticker symbol EGLD.  The cryptocurrency is mainly used for the payment of network fees, for staking, and for rewarding the validators The post Elrond's future after ICI Bucharest utilization appeared first on Invezz.

The host of popular YouTube channel Coin Bureau is comparing Ethereum challengers Solana (SOL) and Near Protocol (NEAR) amid mounting uncertainty in the crypto markets. In a new video, analyst known as Guy tells his 2.06 million YouTube subscribers that SOL has preferable tokenomics to NEAR.  “Tokenomics is where Solana shines. I don't know what The post Solana (SOL) vs. Near Protocol (NEAR) – Coin Bureau Host Analyzes Top Ethereum Rivals appeared first on The Daily Hodl.

Famous for providing users with regular updates on activities on its network, yesterday, the Near Protocol in a Twitter thread, whilst informing members of its June Town Hall Meeting, highlighted the growth the network recorded over the course of the last year. According to the post, the Protocol stated that it was headed towards registering

The world is sliding into a global recession with dysfunctional supply chains, rising inflation, and global uncertainty. This year has been a challenging year for many crypto investors, watching the value of their portfolios steadily drop, and many are searching for investments that will fly during the next bull market.

Key takeaways: Binance has stopped deposits and withdrawals of EGLD to investigate what it calls a potential security issue on the Elrond Network. Yesterday, a hack was reported on the Elrond Network resulting in the loss of $1.65 million worth of EGLD that was later sold on the Maiar Decentralized exchange, causing a 92% price drop on the DEX.

EGLD just concluded the first week of June on a bearish note, after dropping by roughly 25% from end-of-May levels. A close look at its price action reveals that it is now trading at a critical support level that might be critical in the next few weeks.

Elrond (EGLD) CEO Beniamin Mincu tweeted about “suspicious activities on the Maiar DEX” on June 6. The post Suspected exploit shuts down Elrond's Maiar DEX appeared first on CryptoSlate.