Down 75%, Will This Lesser-Known Crypto Bounce Back in the Second Half of 2022?

The first half of 2022 has been a difficult time for crypto investors. Rising interest rates and inflation conspired to knock cryptocurrencies from the all-time highs many hit last winter. At the same time, many players within the cryptocurrency industry made matters worse by being highly leveraged, which worked while the market was soaring but forced liquidations and insolvency as the market turned.

Some major cryptocurrencies were essentially wiped out in a matter of days, erasing billions of dollars of value, while other cryptocurrencies will probably never approach their all-time highs again.

For that reason, let's separate the wheat from the chaff and take a look at a lesser-known cryptocurrency that I think has what it takes to bounce back in the second half of the year -- NEAR Protocol (CRYPTO: NEAR).

Source Fool.com