The crypto market has faced a lot of challenges this year, not to mention the issues surrounding Silvergate and its bankruptcy as well as the U.S. Government cracking down on crypto rules and regulations. Nevertheless, crypto investments will continue to strive as Toncoin (TON), Monero (XMR), and Big Eyes Coin (BIG) seem to be great long-term investments. Read on to find out why you should invest in these three crypto coins.
Toncoin Sees Slight Positive Movement
Many crypto enthusiasts have observed token prices declining since last week. This downtrend might be due to the bears controlling the crypto market, which is inevitable as bearish sentiments and fear increase among coin investors.
However, Toncoin’s price slightly increased after declining for days. The token had significant rallies when February started but was also quick to lose cents due to the bearish sentiments throughout the market.
According to TradingView’s data, TON’s price experienced a 7.83% decline on March 7th, flagging a sell signal. But on March 9th, the price slightly gained by 1.44% within 24 hours. Although improvements seem small, the price’s monthly gain is remarkable. Toncoin’s gain stayed above $2.20 since the first week of February.
Monero Profits Neutral in the Long Term
According to InvestorsObserver’s data, Monero has a strong long-term technical score of 69. The fintech company studied the coin’s historical trading patterns and weighed its price movement from recent months up to a year, along with its support and resistance levels. The goal was to find out if it’s a great investment for those who want to buy and hold coins.
Monero currently has a stronger long-term technical analysis score than 69% of other coins circulating the market. This ranking metric helps buy-and-hold type investors who want steady growth when distributing their assets. XMR’s score helps coin enthusiasts see if they have the chance to “buy the dip”.
XMR’s technical analysis over the past year shows that traders are neutral on the coin in the long term. However, prices may increase again if the market gains positive movements again.
Big Eyes Coin: the Best Investment for Long-Term Traders
Crypto trading is not usually meant for short-term investments. It takes a lot of time and research before one can see significant results. Big Eyes Coin is a token exactly like that!
The coin just hit its goal of raising $31 million, almost ending its Presale Stage 12 successfully. Investors who bought $1000 of BIG in Stage 1 would have received 10 million BIG tokens. However, if they buy at a later stage, say Stage 12, they will only receive 2 million BIG coins. Therefore, coin traders can maximize their profits if they invest early on in the game.
Big Eyes Coin’s presale is nearing the end. In Stage 1, BIG was worth $0.0001 but in Stage 12, the coin was worth $0.00049—a 390% increase! As the presale approaches its end, buyers will get fewer tokens than if they have bought much earlier.
If you are looking for a more fun way of investing in coins, holding on to them, and waiting for the perfect time to sell them, you might want to consider buying Big Eyes Coin! This is also a great way to take a break from market volatility, especially with the issues surrounding Silvergate. Visit Big Eyes Coin on their official website or follow them on social media:
Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL