Which Projects Are Still Generating Revenue in the Crypto Bear Market?

Author | Asher (@Asher_0210)

This year, the crypto market has remained sluggish. There have been hotspots on-chain, with new meme coins occasionally surging dramatically—but these rallies typically occur on newly launched tokens that give the market little time to conduct proper research. Once the narrative fades, prices quickly revert, and most traders who join mid-way end up losing more than they gain.

Since guessing the next 100x coin is not very meaningful, a more practical investment approach is: if you're planning to dollar-cost average during this bear market and wait for the next bull cycle, which projects are still worth buying now?

A more direct screening criterion than simply following narratives is whether the project is still profitable. If a platform continues to generate steady monthly revenues of several million, or even tens of millions of dollars, during a crypto bear market, it at least indicates that users and demand still exist, and the project has stronger resilience across market cycles. Tokens from such platforms may not necessarily be the ones with the most explosive gains in the next bull market.

So, which tokenized projects have continued to profit this year? Odaily Planet Daily walks you through them.