Diversify your crypto portfolio with these 3 Crypto
SPONSORED POST*
As a general rule of thumb, portfolio diversification is the best hedge against inflation and economic instability. Having different types of cryptos in your portfolio will not only help limit your losses, but also your portfolio’s volatility over time. Ripple (XRP), Bitcoin Cash (BCH), and Big eyes (BIG) are three good options for diversifying your portfolio. XRP is a top 10 blockchain project trading below $1, while BCH is a Bitcoin (BTC) hard fork, and BIG is an upcoming community project that recently entered Phase 6 of its presale. Let’s learn more about these three and their distinctive features.
Ripple (XRP) – A Top 10 Crypto Under $1
Ripple is a blockchain project in the financial industry with its original token, XRP. It is an energy-efficient, permissionless, decentralized network with a minimal transaction fee, high speed and scalability. Payments, tokenization, DeFi (Decentralized Finance), stablecoins and CBDCs (Central Bank Digital Currencies) are some of the best applications at the moment. Its XRP Ledger uses a consensus mechanism to verify public and transparent transactions.
Its creators, Ripple Labs, have been in a legal battle with the US SEC (Securities Exchange & Commission) since 2020, which could change how cryptocurrencies are regulated in the future. With a market cap of over $22 billion, XRP was ranked in the top 10 on CoinMarketCap (CMC) at last check. The crypto is currently trading below $1, while its previous ATH (all-time high) was $3.84 in 2018.
Bitcoin Cash (BCH) – A BTC Hard Fork
Resulting from a 2017 BTC hard fork, Bitcoin Cash (BCH) is a peer-to-peer electronic cash solution. Compared to its predecessor, it can process a more significant number of transactions per block, theoretically reducing transaction fees and time. However, both operate on the same PoW (Proof-of-Work) consensus mechanism and have their maximum supply set at 21 million.
BTC also went through a hard fork in 2018, creating Bitcoin Cash ABC (eCash) and Bitcoin Cash SV (Satoshi Vision). This altcoin was trading below $110 at the time of writing against its ATH of $4,355.62 in December 2017, which marked a decline of over 80%. Furthermore, the market value is over 2 billion dollars and is among the 35 best projects on the CMC.
Big Eyes (BIG) – The upcoming meme project
Built on the Ethereum blockchain, BIG is a community-driven and community-focused cryptocurrency in the meme space. The cute cat altcoin has many meaningful goals, including wealth generation for the community, transforming the DeFi ecosystem, and saving the oceans through charity events. BIG has a thorough roadmap with four stages to achieve its goals and succeed in its mission.
The roadmap also includes the launch of its NFT (Non-Fungible Token) events and a collection aimed at the top 10 in the room. Additionally, 70% of the 200 billion supply is available to the public in the pre-sale. 20% is reserved for exchange, 5% for marketing and 5% for charity.
Investors can also use the code BEYES907 to get a bonus on all coins purchased.
What is the process for entering BIG’s pre-sale?
The process of entering BIG’s pre-sale is very straightforward. All you need to have is a crypto wallet and funds in one of the three required cryptos, BNB, USDT or ETH. You can then purchase the required number of tokens through their presale page. The purchased tokens will be available for collection only after the end of the pre-sale season.
Final thoughts
Simply put, one should always add different projects to the portfolio to ensure diversification. XRP, BCH, and BIG are some excellent choices for the aforementioned purpose right now, with the latter close to market launch. The project was only started in mid-2022, and has so far collected over 8.5 million dollars in pre-sales.
For more information on Big Eyes (BIG), please visit the following links:
Advance sales:
Website:
Telegram:
*This article is paid. Cryptonomist did not write the article nor has it tested the platform.
