Celphish Finance survives the “crypto winter”

SPONSORED POST*

The crypto market has entered a period of recession known as the crypto winter. As such, crypto-tokens are witnessing significant price declines from all-time highs. This drop in token prices has caused a bit of a frenzy among investors as they take action to preserve capital.

This recession is not unique to the crypto market as the currency, options and stock markets have all been equally affected. While some investors may want to protect their capital, others are looking for small gems that are trading below their value. These little gems have the potential to bounce back and outperform expectations when the markets turn.

However, crypto winter is a volatile time to invest in crypto tokens as prices remain volatile. Investors should therefore conduct thorough research before investing in a token.

STEPN (GMT), Bitcoin (BTC) and Celphish Finance (CELP) are three crypto-tokens set to survive the crypto winter. These projects are promising as they tick most of the boxes for investors. They have solid fundamentals, tokenomics and use cases.

Furthermore, they show strong signs of a price rise when the market stabilises. Want to know more about these crypto tokens? Here is an overview of each token.

STEPN (GMT)

STEPN (GMT) is a Web3 training and lifestyle project built on the blockchain. It uses crypto to motivate users to exercise. STEPN uses elements of cryptogaming such as play-to-earn mechanisms to reward users for performing physical activities. Users buy NFT sneakers on the platform and activate them to start receiving rewards.

The STEPN project is built on the Solana (SOL) blockchain, therefore users must obtain Solana-compatible wallets to receive their rewards. Physical activities that can provide user rewards include walk, run or jog.

The STEPN platform operates a multi-token system. The GMT token is for governance, while the GST token is used for transactions. GMT holders have the right to vote on proposals and propose changes to the platform.

Conversely, GST holders can use GST for platform transactions and receipt of rewards. To be a part of this revolution, download the STEPN app to get started.

One token to rule them all? – Bitcoin (BTC)

Bitcoin (BTC) was launched in 2009 and is the first cryptocurrency project in existence. Satoshi Nakamoto is an anonymous person or group of individuals credited with the creation of Bitcoin. In the white paper released, Satoshi described how Bitcoin was the future of finance and would use the blockchain to facilitate transactions. It would create a decentralized monetary system outside of legacy banking institutions that is free from censorship. Bitcoin would run on nodes that would solve difficult mathematical questions to validate transactions on the blockchain. This process is now known as Proof of Work (PoW).

BTC is the symbol of the Bitcoin network and is used in transactions or used as a store of value. The blockchain uses cryptographic wallet addresses from which users can send or receive BTC. Miners running nodes receive BTC rewards for each transaction they validate as compensation for securing the network. As the first crypto project, Bitcoin remains the most popular and largest by market capitalization.

Celphish Finance (CELP)

Celphish Finance (CELP) is an NFT and DeFi platform. It will help users get more out of the NFTs and give them more opportunities for liquidity. In addition, the project will help users protect their NFT assets from hacking and provide them with the tools to properly manage crypto assets. Furthermore, it will create easily accessible DeFi solutions for users to easily access the financial services they need at the push of a button.

The CELP token is the tool of Celphish Finance, it will ensure that users can transact on the blockchain. The pre-sale of the Celphish Finance token is currently ongoing.

Buy crypto tokens and be rewarded with bonuses. Receive one 15% bonus when you buy CELP tokens with BNB and a 10% bonus when you buy CELP tokens using ETH. Additionally, you can take advantage of the referral scheme and earn $25 worth of CELP tokens when your referral spends $75. Remember that bonuses can be stacked!

Links below for more information about this token:

Advance sales: https://cel.celphish.io

Website: http://celphish.io/

Telegram: https://t.me/CelphishFinanceOfficial

*This article is paid. Cryptonomist did not write the article nor has it tested the platform.