Here’s how Algorand, Uniswap and Big Eyes Coin can save your crypto portfolio in the ongoing bear market
For most of the ongoing bear market, many of the cryptocurrency industry’s biggest cryptocurrencies have either performed too poorly within the crypto market to convince anyone to invest in them, or have been too volatile for investments to have made little or no sense. It was like this for most of last year. However, the new year seems to follow a different route. There has been an increase in bullish activity in the crypto market, causing many of the bad cryptos from last year to experience an upward trajectory. This in turn increases interest in crypto investments across the global crypto community. Many argue that it is ideal for making crypto investments in the current climate, thanks to the short bull market that the industry is experiencing.
The truth of the matter is that crypto investing can be very lucrative during this period. However, crypto investors should exercise some degree of caution within the crypto market as the bear market is not over yet. Investment strategies, such as long-term cryptocurrency investment, are the safest option for crypto investors in today’s reality, as it protects assets from the realities of the bear market and allows them to accumulate profits in the process. This piece suggests three cryptocurrencies that could be fantastic long-term cryptocurrency investments in the current climate. Here’s everything you need to know about Algorand (ALGO), Uniswap (UNI) and Big Eyes Coin (BIG).
Algorand (ALGO)
Algorand (ALGO) is a popular, independent, decentralized blockchain network within the cryptocurrency industry with a reputation for providing an ideal environment that supports a wide range of applications. These applications are often characterized by being secure, scalable and efficient and have all the characteristics to make them successful in the real world. Like most crypto platforms in the cryptocurrency industry, Algorand (ALGO) provides viable solutions to some of the limitations that legacy blockchain networks have struggled with, such as low transaction throughput, speed, and poor scalability.
Its native cryptocurrency, ALGO, drives, incentivizes and supports the ecosystem. The ALGO token is listed on top crypto platforms in the cryptocurrency industry, such as Binance and Coinbase.
Uniswap (UNI)
Uniswap (UNI) is an industry-leading decentralized trading protocol within the cryptocurrency industry with a reputation for providing an ideal environment that provides workable solutions to some of the problems that have become synonymous with the industry. These include inefficiencies, liquidity problems and unavailability. The Uniswap (UNI) platform is known for its role in facilitating the automated trading of decentralized finance tokens (De-Fi) and all forms of crypto-assets. Its native cryptocurrency, UNI, supports and powers the ecosystem. It also facilitates several crypto operations, such as network management, user interaction, and payment fees. The UNI share is available on the top crypto platforms in the industry, such as Binance and Coinbase.
Big Eyes Coin (BIG)
Big Eyes Coin (BIG) is an upcoming meme currency native to the Ethereum (ETH) blockchain. The token has recently become the subject of excitement in the cryptocurrency industry after breaking the $20 million mark set by the pre-sale team. Since then, they have surpassed this, raising an astounding $32 million. This puts it in an exclusive category with previous cryptocurrencies that have managed the feat, such as Avalanche (AVAX).
After the recent period of bullish activity in the crypto market, Big Eyes Coin (BIG) is emerging as a viable cryptocurrency investment option in the global crypto community. For more information about the token, click here.
Big Eyes Coin (BIG)
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