The cryptocurrency industry has been in a bear market for an extended period of extreme volatility and negative prices since the summer. At the time, no one could have predicted the situation to turn out this way. More than five months down the line, the industry is still battling with what crypto analysts are calling the greatest challenge in crypto history.
In the current climate, members of the cryptocurrency industry are turning towards various strategies and solutions that can ensure the safety and security of their assets and portfolios. A prominent example of these strategies is long-term cryptocurrency investing. This strategy is renowned for allowing crypto enthusiasts to invest for a long time while accumulating massive profits.
As the bear market rages on, it has become evident that even with long-term cryptocurrency investing as an option, crypto investors still need to find a cryptocurrency that could yield massive returns in the long run. Luckily, this piece suggests three that possess the necessary qualities to suggest that they could make fantastic crypto investments in the current climate. Here’s why Cosmos (ATOM), Stellar (XLM) and Big Eyes Coin (BIG) are must-have cryptocurrencies in the ongoing bear market.
Cosmos Is Out Of This World
Cosmos (ATOM) is a popular blockchain network within the cryptocurrency industry that is notable for several reasons, particularly for providing feasible solutions to some of the toughest problems within the industry. These include low transaction speeds, high transaction costs, poor interoperability, poor scalability, fragmentation and energy efficiency.
It is one of the few blockchain networks within the industry with the capacity to rival Ethereum (ETH), the world’s dominant smart contract platform. Cosmos (ATOM) offers an antidote to slow, expensive, unscalable and environmentally harmful consensus protocols that older model blockchain platforms, such as Bitcoin (BTC), utilize through an ecosystem of connected blockchains.
Its native cryptocurrency, ATOM, not only supports and incentivizes its ecosystem but also facilitates several crypto operations within it, such as network governance, user interaction and payment fees. ATOM is listed on several top crypto platforms within the industry, such as Binance and Coinbase.
A Look Into Stellar
Stellar (XLM) is a notable peer-to-peer (P2P) decentralized network within the cryptocurrency industry. The network is renowned for providing an ideal environment equipped with the necessary tools to connect the world’s financial systems and provide a protocol for payment providers and financial institutions. All around the cryptocurrency industry, Stellar (XLM) is renowned as an ideal environment that enables the transfer of financial resources swiftly and reliably at a minimal cost.
Its native cryptocurrency, XLM, incentivizes and supports its ecosystem. It also facilitates several crypto operations, such as network governance, user interaction and payment fees. XLM is listed on various top crypto platforms within the industry, such as Binance and Coinbase.
Big Eyes Coin – Bringing Utility To Meme Tokens
Big Eyes Coin (BIG) is an upcoming meme currency that is currently generating a lot of interest within the cryptocurrency industry ahead of the festive period. The token boasts several attractive features, particularly a lack of transaction taxes.
This makes it ideal for all kinds of crypto operations within the industry, and you could see it become a trader favourite in no time. Other attractive features of the token include a massive supply of about one billion tokens and an exciting roadmap. It is supported by the Ethereum (ETH) network.
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For more information on Big Eyes Coin (BIG), please visit the following links:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL