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Top 15 Cryptocurrencies that will Survive Even a Massive Market Crash

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Opinion pieces are based on the author's personal opinion, and they do not constitute investment advice, financial advice, or trading advice. Securities.io does not recommend that any cryptocurrency should be bought, sold, or held by you. Conduct your own due diligence and consult a financial advisor before making any investment decisions.

Top 15 Cryptocurrencies that will Survive Even a Massive Market Crash

Following the bull market of 2020 and 2021, the crypto industry has now spent nearly a year under a strong bearish influence. The prices reached their peaks roughly around November 11th, 2021, and since then, they have mostly been spiraling down. There have been occasional breaks where the market seemingly stabilized and even slight recoveries. But, eventually, they have all been nullified, and the prices returned to their bottoms, sometimes even breaking said bottoms and revealing that they were never real bottoms at all.

In a situation like that, investors are quite concerned about their investments, which is quite understandable. After all, this is the world of cryptocurrencies — the world with few laws and a lot of volatility. It also doesn’t help that there are over 21,000 different coins and tokens on offer. Simply put, the biggest problem that investors are facing right now is — what if there is a market crash so massive that it can wipe out a large portion of the crypto market?

After all, experts have been warning people that most altcoins will disappear over time, but what if a major crash cleans up the crypto sector of all the coins too weak to survive it? This made us think — which cryptos could survive a cataclysmic event like that? After combing through the market for quite some time, we believe that we have an answer. 15 answers, in fact, and you can find them all in the following list.

1. Bitcoin

The first on our list is Bitcoin, which is an obvious answer. This is the first and oldest cryptocurrency, and since it holds nearly half of the market dominance, there is no crypto industry without it. Bitcoin is fully decentralized and transparent, the most adopted cryptocurrency around the world, and even accepted as money in several countries.

Over the last two years, it has also attracted a lot of institutional money, after everyone seemingly turned to the crypto world due to the stock market crash caused by the early days of the COVID-19 pandemic. In other words, Bitcoin is the strongest crypto that the market has to offer, and if any project survives a massive crash, it will be this one.

To learn more visit our Investing in Bitcoin guide.

2. Ethereum

Moving on, we have Ethereum. About six years younger than Bitcoin, Ethereum is the second-most important project to ever be developed. It brought us smart contracts, and through them — dApps, DeFi, NFTs, stablecoins, metaverse, and pretty much anything else that the modern blockchain industry has to offer, all because its developers realized that blockchain can be used to record code. So, while Bitcoin may have created the crypto industry, it was Ethereum that turned it into an actual industry.

But, that is not the only reason why we expect this project to survive. Ethereum also recently went through the merge — a process that resulted in the switch from PoW to PoS, which is expected to solve a lot of the old issues, such as high fees, slow transaction processing, and alike.

To learn more visit our Investing in Ethereum guide.

3. Polkadot

Polkadot is one of the most important projects today, and for several reasons. Not only is it one of the most effective solutions for the lack of scalability that old chains have been struggling with, but it is also big on interoperability. It solved the issues of old blockchains by running parallel chains called parachains, which run alongside its main chain and whose job is to take over the extra work, thus reducing the load on the main chain.

But, each parachain can act as a standalone blockchain, or connect to another blockchain out there, creating a massive web with Polkadot’s ecosystem at its heart. As a result, Polkadot is one of the project with the greatest potential when it comes to building Web3, simply because it figured out a very good way to achieve cross-chain connections and transactions.

To learn more visit our Investing in Polkadot guide.

4. Solana

Like Polkadot, Solana is a project that emerged to solve the lack of scalability in the blockchain industry, and like Polkadot — it was quite successful, in its own way. The project became the fastest blockchain in the industry, capable of processing hundreds of thousands of transactions per second.

Not only that, but it attracted countless community members, developers, and even full-scale projects that originated on other chains and then migrated here. Of course, there is also no shortage of projects that emerged on Solana right from the start, so it is definitely an interesting ecosystem to keep an eye on.

To learn more visit our Investing in Solana guide.

5. Cardano

Cardano is our third Ethereum alternative, but it has only been a year since it got the right to join the Ethereum alternatives. Cardano’s development has been split into several Eras, and so far, only two of them have ended, with the second one ending in October 2021. The so-called Shelley Era ended by introducing smart contracts to Cardano’s network, and suddenly — its ecosystem exploded with projects.

Cardano saw the launch of new tokens, DEXes, DeFi protocols, and more. All of this gave its crypto plenty of new use cases, and it was supposed to give a major boost to its price. However, due to the bearish market that started around the same time, the project never got to experience the hype and price boosts that many of its peers saw. This, in combination with a year-long bear market, means that Cardano’s price is extremely undervalued, and that it will not disappear, but rather, it will skyrocket as soon as it is given an opportunity to do so.

To learn more visit our Investing in Cardano guide.

6. VeChain

VeChain is the sixth project on our list, and it is about as old as Ethereum. Its goal is to distribute governance and IoT technologies to create an ecosystem that would solve the blockchain sector’s major hurdles. It also aims to connect all sectors that feature huge potential, such as the energy, the medical sector, and others.

The project leverages the power of trustless data, and it seeks to build the digital backbone that would underpin the fourth industrial revolution and that demands trustless data sharing in real-time. VeChain has had great success recently, going from one major partnership to the next, and we believe that it is only getting started.

To learn more visit our Investing in VeChain guide.

7. Chainlink

Next up, we have Chainlink, which is a project that resulted in the creation of the crypto industry’s first decentralized oracle network. Essentially, in order to function — smart contracts require data that comes from the real world. As such, it cannot reach blockchain, which is quite isolated, and that prevents smart contracts from achieving their full potential.

Chainlink offers a way to request that data and receive it from the real world in real-time. Not only that, but the data is trustworthy and reliable, collected from multiple sources, and compared in order to ensure that it is reliable, and only then delivered to smart contracts. Thanks to this network of decentralized oracles, smart contracts know when the terms of the contracts are met, and this is what allows them to self-execute. Chainlink is a project that enabled all of this, and as such, it is easily among the most important projects today.

To learn more visit our Investing in Chainlink guide.

8. Dogecoin

Dogecoin is an interesting project based on a meme that emerged back in 2013. It was created as a joke during the time when the crypto industry was going through a very difficult time, and it was meant to simply help remove the tension from the industry and its participants, and then quietly disappear after a few weeks. It managed to survive for nearly 10 years now, and become one of the most popular cryptos that were ever created.

DOGE is a favorite memecoin of the crypto industry that survived despite all odds, and established a massive following. It even attracted the attention of Elon Musk, who still calls it his favorite coin to this day, which has brought huge amounts of popularity to the coin in 2021, inspiring the growth of the entire memecoin sector. DOGE has been incredibly resilient, which is why we are convinced that it could survive even a massive price drop.

To learn more visit our Investing in Dogecoin guide.

9. Decentraland

Decentraland deserves a place on this list because it is one of the biggest and oldest metaverse projects out there. It emerged years before the metaverse became popular, and so it got quite a head start in terms of development and conquering the market. It has developed a massive digital world featuring plots of digital land that users can buy and do whatever they want with it, including developing software, running a business, building a game, or even using it for organizing virtual events and meetups.

Decentraland is the biggest metaverse out there — the Bitcoin of the metaverse, you could say, which is why we are convinced that a market crash would not be enough to make a project like that disappear.

To learn more visit our Investing in Decentraland guide.

10. BNB

The tenth on our list is BNB, which is the native cryptocurrency of Binance — the world’s largest crypto exchange by trading volume. BNB, also known as Binance Coin, is the cryptocurrency that runs two of the exchange’s blockchains — Binance Chain and Binance Smart Chain. It comes with a number of use cases, and as the native coin of the world’s largest centralized exchange, it is unlikely that it will disappear as long as the platform itself is left standing.

BNB has spent years in the crypto industry, offering discounts on trading fees, and access to new tokens launched on Binance Launchpad, and with the rise of BSC, it became a go-to coin for developing DeFi protocols and other blockchain products on this very blockchain, which is essentially Binance’s version of Ethereum.

To learn more visit our Investing in BNB guide.

11. Oasis Network

Next up, we have Oasis — a leading privacy-enabled, scalable L1 blockchain that combines high throughput and low gas fees with secure architecture. The project offers the advanced levels of security and privacy that are believed to be the foundation for Web3 development. As such, this is one of the projects that are perfectly suited to power Web3, DeFi, Metaverse, GameFi, NFTs, Data DAOs, and Data tokenization.

It is a project that has a lot to gain by pushing Web3 forward, scaling it, and helping it mature. Of course, that also means that it has years' worth of work ahead of it, and with Web3 now being a certainty regardless of what happens in the crypto market — we believe this is one of the projects that will definitely survive and thrive moving forward.

To learn more visit our Investing in Oasis Network guide.

12. XRP

XRP, formerly known as Ripple, is a native cryptocurrency of the company going by the same name. Ripple, the company, has developed an advanced payment system called RippleNet, but instead of offering it to the people directly — it offered it to the banks all over the world. By connecting them and confirming that they are trustworthy, Ripple can remove the long waiting periods for transactions to get processed internationally.

The project allows users to go to the bank, make an international payment in their local fiat currency, which is then converted to XRP, sent to the recipient’s bank, where it is again converted into a fiat currency of their choice. XRP is a project that has seen a lot of controversy, but despite this, it managed to endure and establish partnerships with some very powerful names, which is why we do not expect that it will go out of business anytime soon.

To learn more visit our Investing in XRP guide.

13. Cosmos

The 13th on our list is Cosmos, which describes itself as a project that will solve some of the crypto world’s hardest problems, such as the ones experienced by slow, expensive, unscalable, and environmentally harmful networks that rely on Proof of Work protocol. It also seeks to simplify the blockchain and help drive adoption among both, developers and users.

One of its big goals is to demystify dApps through a combination of user-friendliness and education. Lastly, it wishes to help blockchains communicate with one another, thus preventing fragmentation in the industry and enabling interoperability.

To learn more visit our Investing in Cosmos guide.

14. Avalanche

Nearing the end of our list, we have Avalanche. This is yet another project that seeks to resolve the problems of old blockchains, such as the lack of scalability, high gas fees, and, most importantly — environmental harmfulness. The project has seen quite a lot of popularity after Elon Musk announced that Tesla would stop accepting Bitcoin payments due to its massive carbon footprint, which pushed environmentally friendly chains into the light.

As one of Ethereum’s rivals that offer a lot better conditions than ETH itself, Avalanche became quite big in smart contract development, developing its own dApps and DeFi protocols and integrating with projects throughout the industry. With such strong connections and technology backing it up, we are convinced it can survive the hard times if they come in the near future.

To learn more visit our Investing in Avalanche guide.

15. Uniswap

The last but not least, we have Uniswap. This is a cryptocurrency of Ethereum’s largest decentralized exchange, which goes by the same name. Uniswap is a platform that figured out how to offer great liquidity and allow its users to trade popular DeFi and other tokens that were not listed on centralized exchanges. Any ERC-20 token can be exchanged for Ethereum or Tether, which increased the users’ ability to diversify their portfolios.

And, as a DEX, it doesn’t require users to deposit their money onto its platform. They can simply connect their wallets and trade from them directly, which was a game-changing feature when it emerged and Uniswap popularized it. As the largest DEX on Ethereum, which will likely survive difficult market conditions itself — we believe that Uniswap has nothing to fear even if there is a massive price crash incoming.

To learn more visit our Investing in Uniswap guide.

Conclusion

The world of cryptocurrencies is large, harsh, and unpredictable, and anything can happen. No one can really say what’s to come, and if there is a massive market crash — what will happen. All we can do is select the coins and tokens that are most likely to survive, and hope that our prediction is never put to the test. But, if something like that does happen, we still believe that the cryptos listed above have the best chance of living through it and seeing another day.

Ali is a freelance writer covering the cryptocurrency markets and the blockchain industry. He has 8 years of experience writing about cryptocurrencies, technology, and trading. His work can be found in various high-profile investment sites including CCN, Capital.com, Bitcoinist, and NewsBTC.