Place/Date: - September 8th, 2022 at 1:30 pm UTC · 4 min read
The current market condition within the cryptocurrency industry is courtesy of the ongoing bear market. As bear markets are notorious periods of negative prices and extreme market volatility, it comes as no surprise that the current climate in the industry is as bad as it is. Still, the ongoing bear market holds a special place in the cryptocurrency industry’s history. Major crypto players have repeatedly remarked that things have never been this bad for the industry, and the ongoing bear market is by far its biggest challenge yet.
However, one positive of the bear market is the opportunity for long-term cryptocurrency investments it provides. Low crypto prices mean that investors can make bulk purchases on favourable altcoins that can yield massive profits in the long run. It is a tested and trusted strategy that many within the industry have already adopted since the bear market began.
Near Protocol (NEAR), Polkadot ((DOT) and Vertochain (VERT) are three altcoins investors should consider in this period. All three possess the potential to yield massive returns and could provide a lifeline in the ongoing crisis. We examine what makes them fantastic investment choices below.
Near Protocol (NEAR) is a layer one blockchain and community-run cloud computing platform that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability. It is a notable crypto platform that provides unique solutions to scaling problems and an ideal environment that is secure enough to manage high-value assets like money or identity and performant sufficient to make them useful for everyday people.
Near Protocol’s features make it ideal for hosting Decentralized Applications (dApps). Its native cryptocurrency, NEAR, is a token that powers the ecosystem and facilitates several operations such as network governance, staking and rewards. NEAR is a highly sought-after token available on prominent crypto platforms, such as Binance, Huobi Global, Mandala Exchange, FTX and OKEx.
Polkadot (DOT) is an open-source crypto platform that connects and secures a network of specialized blockchain networks, facilitating the cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable with each other. It is a platform that can connect public and private chains, permissionless networks, oracles and future technologies, allowing these independent blockchains to share information and transactions.
Polkadot (DOT) is one of a few blockchain networks with the capacity to rival Ethereum (ETH), the world’s dominant smart contract platform. Its native cryptocurrency, DOT, is an important part of its ecosystem and is responsible for facilitating several operations, such as staking for operations and security, network governance, and bonding tokens to connect parachains. DOT is available on several top crypto platforms, including Binance, Huobi Global, Coinbase, OKex and Kucoin.
Vertochain (VERT) is an upcoming Binance Smart Chain (BSC) based asset attracting a lot of interest within the cryptocurrency industry. A De-Fi coin in nature, Vertochain (VERT) looks likely to follow in the footsteps of industry-leading De-Fi coins, such as Chainlink (LINK) and Uniswap (UNI). It is integral to the Vertochain ecosystem and key to access its features. As the bear market rages on, Vertochain (VERT) could be a valuable asset to possess. It is the low-risk, high-reward investment option that could provide a lifeline for investors in the current climate.
Vertochain (VERT) is gradually approaching its presale and features exciting rewards such as a 10% additional token bonus for purchases made using BNB/BSC coins. See more information on everything Vertochain (VERT) here.
You can also find out more about VertoChain: Website, Presale, Telegram.
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