There has never been a bear market quite like this in crypto history. Spanning over five months, it is the longest bear market in crypto history and by far the most brutal. When it inevitably comes to an end, it will surely be remembered for countless events, such as Bitcoin’s numerous dips past its physiological $20,000 support mark and Ethereum’s slump past $1000. Until then, members of the cryptocurrency industry must do all they can to ensure the safety and continuity of their businesses in this harsh climate.
A way they can do this is to prioritize long-term cryptocurrency investing, as it is an ideal strategy in the current climate that can yield maximum return on investment (ROI). This piece highlights three cryptocurrencies that fit this bill to the latter and are absolute must-haves for every investor in the current climate. Here’s all you need to know about XRP (XRP), Cardano (ADA) and Big Eyes Coin (BIG).
XRP – The Permissonless Network
XRP (XRP) is best described as an open-source, permissionless and decentralized technology with several benefits, including low-cost ($0.0002 to transact), fast (settling transactions in 3-5 seconds), impressive scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). Within the cryptocurrency industry, XRP is notable for featuring the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol.
It is also notable for presenting a wide variety of applications and use cases related to payments, including micropayments, Decentralized Finance (De-Fi), and, soon, NFTs. It is a platform regularly used by developers to create solutions that solve inefficiencies, including remittance and asset tokenization. Its native cryptocurrency, XRP, is central to all operations within its ecosystems, such as network governance, user interaction and payment fees. XRP is an industry-leading cryptocurrency with stocks in prominent crypto platforms within the industry.
Cardano – The Blockchain For Innovators
Cardano (ADA) is a revolutionary blockchain-based platform within the cryptocurrency industry notable for several innovations, such as providing the right structures to enable changemakers, innovators and visionaries” to bring about positive global change. A Proof of Stake (PoS) blockchain in its own right, Cardano is a platform that seeks to redistribute power from unaccountable structures to the margins of individuals. It is the hope that by operating in this manner, the platform will assist in creating a society that is more secure, transparent and fair.
Its native cryptocurrency, ADA, plays an integral role within its ecosystem by incentivizing it and facilitating several crypto operations. ADA is an industry giant with stocks on several prominent crypto platforms within the industry.
Big Eyes Coin – The Biggest Feline In Crypto
Big Eyes Coin (BIG) is an upcoming Ethereum (ETH) based crypto asset native to the Big Eyes Coin crypto project that has been generating a lot of interest within the cryptocurrency industry. The reason for this is the project’s motivation to champion the cause for blockchain adoption within the global community and demystify Decentralized Finance (De-Fi).
Its native cryptocurrency, BIG, is essential to this and plays an integral role in its ecosystem, facilitating crypto activities such as network governance and user interaction. Big Eyes Coin is currently on presale and is dominating crypto news headlines after raising over $9 million. As the bear market rages on, the token is looking increasingly attractive and could be a fine portfolio addition that yields massive returns.
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