Cryptocurrencies are on a downward spiral as the year is coming to an end. Unfortunately, this time has been a reminder to all crypto fanatics of the fluctuating and volatile nature of cryptocurrencies. Nevertheless, people are still optimistic about the future of decentralisation, offering users unrestricted access to their finances digitally. During the most recent bear market, several veteran blockchain networks such as Bitcoin, Ethereum, Solana and BNB all initially plummeted in price.
However, there are two blockchain networks that crypto enthusiasts should pay close attention to during the bear market: Chainlink (LINK) and Runfy (RNF). Here is why.
Chainlink Set To Introduce Staking
Chainlink (LINK) is a blockchain abstraction layer that enables globally linked smart contracts. Chainlink, a decentralised oracle network, enables blockchains to safely communicate with external data feeds, events, and payment mechanisms, providing the vital off-chain information required for complicated smart contracts to become the dominant form of digital agreement. LINK, as a decentralised network, enables users to become node operators and earn cash by operating key data infrastructure necessary for the operation of blockchains.
The blockchain network was founded by Sergey Nazarov in 2019. He was a co-founder of SmartContract, a company that linked smart contracts to external data and commonly accepted bank payments. While Chainlink will be integrated into numerous projects in 2022 to enable smart contracts and safe data sharing, another feature for the cryptocurrency network is staking. Staking will be available for the cryptocurrency on 6 December 2022, according to Chainlink’s blog. Holders and operators of LINK token nodes will be rewarded for helping to improve the security of decentralised oracle services. By removing LINK from circulation, fewer units can be traded, resulting in its price maintaining value, which could contribute to the recovery of the crypto market.
Runfy, The World’s First Exercise-To-Earn Crypto
Runfy (RNF) is a newcomer to the cryptocurrency market that wants to improve the status of cryptocurrencies by providing an exercise-to-earn mechanism that allows users to earn money while maintaining their health and fitness. The platform’s utility token is RUNF, which was created on the BSC (Binance Smart Chain), which has one of the lowest transaction fees and is considered as one of the most sustainable cryptocurrencies owing to its energy efficiency. With the Runfy system, especially the RunfyApp, you can effortlessly track your calories and nutritional intake.
Runfy users may win incentives by performing tough activities. Instead, as simple and secure as walking is, runfy users may earn money. The Runfy platform acknowledges and rewards active users on its platform for creating and fulfilling fitness objectives.
Most gyms make money from thousands of unused subscriptions, which help keep the facility vacant while bringing in money. Runfy will diverge from this by putting its users’ health and well-being ahead of profit. The website will host a close-knit community that will allow users to inspire one another with the assistance of fitness specialists to keep you on track!
Final Thoughts
In its most vulnerable state, the crypto market still has blockchain networks that are constantly discovering new methods to draw user’s attention. Chainlink has remained one of the most prominent cryptocurrencies due to its consistency in innovation and evolving its platform. Similarly, Runfy has a high chance of reaching the top of the crypto market due to being one of the only blockchain networks that incorporates fitness into digital finances. Look out for both of these tokens during the bear market, as it may improve your portfolio.
If you want to find out more about Runfy Token (RUNF), click the links below:
Presale: http://go.runfytoken.io/
Website: http://runfytoken.io/
Telegram: https://t.me/RunfyTokenOfficial
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