For the better part of the last seven months, the cryptocurrency industry has been in what many call a bear market, which is the umbrella term for a severe period of extreme market volatility and negative prices in the industry. The effects of the ongoing bear market have been catastrophic and have done serious damage to the image of the cryptocurrency industry within the global community. It has also resulted in the largest crypto outflow in recent history. Many members of the cryptocurrency industry would be hoping next year is significantly better than this one, and it could be with the right crypto investments and the right investing strategy. This piece highlights some strategies that could be helpful in the current climate. See more below.
One strategy that could be effective in the current climate is long-term cryptocurrency investing, a crypto strategy that allows crypto to vest for a long period and accumulate massive returns. Long-term cryptocurrency investing has emerged as the perfect counter to the ongoing bear market, and with these three cryptos, you could save your crypto portfolio and accumulate massive profits in the process. Here’s all you need to know about Tezos (XTZ), The Sandbox (SAND), and Big Eyes Coin (BIG).
Tezos (XTZ) is a notable crypto platform within the cryptocurrency industry renowned for providing an ideal environment designed to support smart contracts and decentralized applications (dApps). This does not, however, make the Tezos (XTZ) protocol a knockoff version of the Ethereum (ETH) platform. There are several differences between both blockchain platforms, the most prominent one being that Tezos (XTZ) has a different architecture that makes it more scalable and more efficient. The protocol is notable for several impressive features, such as energy efficiency, speed, and performance.
Its native cryptocurrency, XTZ, powers and incentivizes its ecosystem. XTZ stock is listed on several top crypto platforms, such as Binance and Coinbase.
Flow (FLOW) is a popular blockchain network within the cryptocurrency industry that is notable for providing an ideal environment designed for extensive scaling without any need for sharding techniques. Flow’s design allows it to provide low-cost transactions that make sense for decentralized applications (dApps) such as NFT marketplaces and crypto-infused virtual reality games.
Flow (FLOW) employs the use of a Proof of Stake (PoS) consensus mechanism, which requires stakeholders to stake a certain number of FLOW tokens to participate in the network. Its native cryptocurrency, FLOW, is integral to its ecosystem. FLOW incentivizes and supports it and also facilitates crypto operations, such as network governance, user interaction, and payment fees. FLOW stock is listed on top crypto platforms, such as Binance and Coinbase.
Big Eyes Coin (BIG) is an upcoming meme coin within the cryptocurrency industry that crypto analysts say could become the next Dogecoin (DOGE) or Shiba Inu (SHIB). The token possesses impressive features, such as a massive supply and a lack of transaction taxes. In the current climate, it is one of the most attractive cryptocurrencies around and could be a fantastic crypto investment in the long run.
Big Eyes Coin (BIG) is currently on presale but could be ending soon, according to news coming out of the industry. It currently has a special promotion running to help launch it, which will give any purchase 200% extra! That’s right – purchase any amount of $BIG and get 200% extra for free. In recent days the presale has blown up, having raised over $2 million in 72 hours. Use code LAUNCHBIGEYES200 to redeem this order as you are purchasing!
Another incredible feature the Big Eyes team has been pushing for is their profit calculator, found embedded on the homepage of their website. This helps users track their purchases and potential profits by giving a movable scale of the price of $BIG in relation to some major landmarks, like the Big Eyes Coin launch.