The ongoing bear market has caused serious troubles for all within the cryptocurrency industry for over four months.
Since it began in the summer after crypto markets crashed alongside global financial markets, it has caused a severe strain on the day-to-day activities within the industry, such as trading and investing. The situation has become so dire that crypto regulars are left with no choice but to seek out various alternatives that can ensure the safety of their investments and businesses.
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One strategy that is making rounds within the industry is long-term cryptocurrency investing. This strategy allows crypto investors to avoid extreme market volatility within the industry and promises massive returns in the long run. Its cause is also helped by its track record in previous bear markets. It is an effective strategy that can save struggling investors in the current climate.
As the bear market rages on, it has become evident that investors would need to make smart investments in high-potential altcoins to ensure safety and continuity. To that effect, this piece discusses three altcoins that would make fantastic investments and yield massive returns. Here’s why you should invest in FTX Token (FTT), Algorand (ALGO) and Big Eyes Coin (BIG).
Stability In Uncertain Times – FTX Token (FTT)
FTX Token (FTT) is the native cryptocurrency of the popular crypto derivatives trading platform FTX. It is a platform that stands out within the cryptocurrency industry for several reasons, such as clawback prevention, a centralized collateral pool and a universal stablecoin settlement. FTX is also backed by significant trading companies in the industry, such as Almeda Research, OTPP, Temasek, BlackRock, Coinbase Ventures and Sequoia Capital. It is rumoured to have over a million registered members and a daily trading volume of one billion dollars.
Its native cryptocurrency, FTX Token (FTT), is an integral part of its ecosystem and is responsible for facilitating several crypto-related operations, such as network governance, payment fees and user interaction.
The Fastest Route Between Two Points – Algorand (ALGO)
Algorand (ALGO) is a notable blockchain-based platform within the cryptocurrency industry that supports decentralized applications (dApps) and promotes self-sustainability. Algorand (ALGO) is famous for many features, such as security, scalability and efficiency. It is a platform that exists to speed up transactions and improve efficiency within the industry and is a response to the slow transaction times of older blockchain networks like Bitcoin (BTC). Additional features include lower transaction fees, as well as no mining (like Bitcoin's energy-intensive process).
Its native cryptocurrency, ALGO, is an integral part of its ecosystem and facilitates all kinds of crypto-related operations. ALGO is available on several prominent crypto platforms within the industry, such as Binance and Coinbase.
Cute And Cuddly Kitty – Big Eyes Coin (BIG)
Big Eyes Coin (BIG) is one of the most anticipated meme coins this year. The token has been attracting a lot of interest within the industry after raising over $1 million in the first week of its presale. With attractive features, such as a massive supply, an exciting roadmap and a lack of transaction taxes, the token looks likely to become a valuable asset within the industry. As it is currently on presale, it is an ideal investment option that struggling investors would do well to consider.
Big Eyes Coin (BIG) is currently in the third stage of its presale, meaning that the window of opportunity for investors is gradually closing. To see more information on the token and its native crypto project, click here.
Use code JOINTHECUTEfor a 5% bonus when buying coins.
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
“Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.”
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