The cryptocurrency industry is going through a dip right now, which is not unsurprising to anyone paying attention to the sector, as the market can be volatile. Since the bear market began in the summer after crypto markets crashed alongside global financial markets, it has become harder to perform day-to-day activities within the industry, such as trading and investing. This is because of the extreme market volatility and the negative prices of crypto present within the industry courtesy of the bear market. As a result, crypto regulars find it hard to make profits within the current climate and have become exposed to unprecedented losses.
It is often said that desperate times call for desperate measures. It is a sentiment that crypto regulars will share within the current climate. The bear market is the perfect time to utilize this form of crypto investing as it mitigates the risk of running at a loss and could bring massive returns in the long run.
This piece will examine three altcoins that could make for perfect long-term cryptocurrency investments in the ongoing bear market. Here’s why FTX Token (FTT), NEAR Protocol (NEAR), and Big Eyes Coin (BIG) are must-haves for every investor in this period.
FTX Token (FTT) – The Great Exchange Platform
FTT is the native cryptocurrency of FTX, a notable decentralized exchange (DEX) platform within the cryptocurrency industry. FTX has a reputation within the industry for functioning as an exchange built by traders for traders. It is a platform that recognizes traders as the primary users of exchange platforms, and these platforms should consider their concerns. As a crypto derivatives exchange, FTX provides users access to various innovative and unique trading options, such as derivatives and futures.
As its native cryptocurrency, FTX Token (FTT) plays an integral part in the FTX ecosystem. It is responsible for facilitating several crypto-related operations, such as payment fees, network governance, and user interaction. FTX Token (FTT) is available on several crypto platforms, such as Binance, Coinbase, and FTX.
NEAR Protocol (NEAR) – The Speedy Crypto
Near Protocol (NEAR) is a blockchain-based platform that solves the cryptocurrency industry’s scalability problem. It is a platform with the scaling capacity to host the next generation of Decentralized Applications (dApps). Near Protocol’s speed and performance have received high praise from crypto analysts and crypto regulars like traders.
Its native cryptocurrency, NEAR, is an integral part of its ecosystem and facilitates crypto-related activities, such as network governance and payment fees. NEAR is a highly sought-after cryptocurrency available on top crypto platforms within the industry.
What is Big Eyes Coin (BIG)?
Big Eyes Coin (BIG) is an upcoming meme coin that has been in the headlines of crypto news for some time now. The token has received high praise from crypto analysts and is one of the most anticipated cryptocurrencies this year. Native to the Big Eyes Coin project is a cryptocurrency that does not require transaction taxes and possesses a massive supply. These features make it an ideal token for all sorts of interaction between crypto regulars like traders.
Big Eyes Coin (BIG) is currently in its presale and has raised over $3.2 million. It is now approaching the third stage of its presale, where its price could increase by 25%. For more information on the token and its native project, visit the links below:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL