For the better part of the last six months, the talk within the cryptocurrency industry has been centred around the ongoing bear market. Known all around the crypto industry as an extended period of extreme market volatility and negative crypto prices, the bear market is a dreaded time for members of the global crypto community, and understandably so. It is incredibly difficult to generate profits within a bear market and probably equally difficult to avoid losses. In times like these, many crypto analysts and experts advise a total abandonment of crypto strategies in favour of long-term cryptocurrency investing. This way, it is possible to protect one’s assets against the harsh realities of the current climate and guarantee maximum returns in the long run.
Long-term cryptocurrency investing is by far the most effective crypto strategy in the ongoing bear market, and as such, crypto investors would be better off prioritizing this strategy in the current climate. This piece discusses three cryptocurrencies that could be perfect long-term cryptocurrency investments in the current climate and beyond. Here’s all you need to know about Algorand (ALGO), The Sandbox (SAND) and Big Eyes Coin (BIG).
Algorand (ALGO) – An Ideal Environment
Algorand (ALGO) is a prominent public blockchain platform within the cryptocurrency industry that is notable for several impressive features. Some of these include providing an ideal environment that provides feasible solutions to the blockchain industry’s scalability trilemma, as well as facilitating the creation of powerful decentralized applications (dApps) and financial primitives that will be used as the backbone of the future economy. It also addresses several critical problems that have become synonymous with blockchain platforms within the industry in recent times, such as decentralisation, scaling and speed through its architecture.
Its native cryptocurrency, ALGO, plays an integral role in its ecosystem by providing utility and facilitating several crypto operations, such as network governance, user interaction and payment fees. ALGO stock is listed on top crypto platforms, such as Binance and Coinbase.
The Sandbox (SAND) NFT Attitude
The Sandbox (SAND) is a popular blockchain-based virtual reality and gaming platform within the cryptocurrency industry. Over the last few years, it has become notable within the industry and among the crypto-gaming community thanks to several impressive features, such as providing an ideal environment that makes it possible for members of the crypto-gaming community to create, build, buy and sell digital assets in the form of a game. The Sandbox (SAND) is one of the leading platforms within the GameFi industry and is reputable all around the cryptocurrency industry for combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs) to provide an ideal decentralized platform.
Its native cryptocurrency, SAND, plays an integral role within its ecosystem by incentivizing it as well as facilitating several crypto operations, including network governance, user interaction and payment fees. SAND stock is listed on top crypto platforms, such as Binance, Coinbase and Huobi Global.
Big Eyes Coin (BIG) Presale Explodes
Big Eyes Coin (BIG) is an upcoming meme coin that many crypto analysts believe can redefine the industry and usher in a new age of valuable meme coins. The token boasts several impressive features, such as a massive supply of about a billion tokens and a lack of transaction taxes. The latter makes it an ideal crypto for daily activities within the industry, such as trading and user interaction.
Big Eyes Coin (BIG) is currently on presale and would make a fine addition to any crypto investor’s portfolio. For more information on the token, click here.
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL