The ongoing bear market is causing a significant strain within the cryptocurrency industry as it hinders crypto regulars, such as traders and investors, from performing daily crypto activities. The result is a high amount of loss within the industry that is detrimental to the ecosystem. To remedy this problem, members of the crypto community are turning towards various strategies that can ensure the safety of assets and the continuity of businesses, such as long-term cryptocurrency investing.
Long-term cryptocurrency investing is an ideal crypto investing strategy that mitigates the risk of running at a loss and promises maximum returns, making it ideal in the current climate. With the right cryptocurrency, it is possible to generate massive returns with long-term cryptocurrency investing, an attractive quality within the ongoing bear market.
As the bear market rages on, and with so many cryptocurrencies experiencing severe volatility, the industry is turning its attention towards several lesser-known cryptocurrencies that look likely to generate massive income amid the ongoing bear market. This piece focuses on three of these cryptocurrencies. Here’s all you need to know about Solana (SOL), Near Protocol (NEAR) and Big Eyes Coin (BIG).
The Smart Contract Functionality – Solana
Solana (SOL) is a highly functional crypto project within the industry notable for providing feasible solutions to many problems, including speed, performance and scalability. It is among the few blockchain platforms within the industry with the capacity to rival Ethereum (ETH), the world’s dominant smart contract platform. The Solana (SOL) platform is an ideal environment for creating and deploying decentralized applications (dApps) and a hotspot for small-time and institutional traders alike.
Its native cryptocurrency, SOL, is central to the smooth running of its ecosystem. SOL provides utility and facilitates all crypto operations, including network governance, user interaction and payment fees. SOL is available on several top crypto platforms within the industry.
The High Performing Network – Near Protocol
Near Protocol (NEAR) is a layer-one blockchain network and a community-run cloud computing platform notable for its role in providing feasible solutions to some of the hardest problems within the cryptocurrency industry, such as low transaction speeds, low throughput and poor interoperability. Its speed and performance make it an ideal environment for creating and deploying Decentralized Applications (Apps) and creating a developer and user-friendly platform.
Central to all operations on Near Protocol is its native cryptocurrency, NEAR. NEAR is a token that incentivizes the Near Protocol ecosystem and facilitates several crypto operations, such as network governance, user interaction and payment fees. NEAR is available on several top crypto platforms, like Binance and Coinbase.
The Ethereum-Based Meme Coin – Big Eyes Coin
Native to the Ethereum (ETH) network, Big Eyes Coin (BIG) is an upcoming meme coin that is attracting a lot of interest within the crypto community for several reasons, such as its attractive features. The token requires no transaction fees and possesses a massive supply, making it an ideal cryptocurrency to have in the current climate.
BIG is currently in the third stage of its presale and has raised over $9 million so far. Big Eyes Coin is fast approaching the end of its presale, and from all indications, it is not a cryptocurrency that any crypto investor should miss out on. Use the coupon code BCUTE955.
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