Place/Date: - September 15th, 2022 at 8:42 pm UTC · 4 min read
Source: Big Eyes
The bear market is in full swing, and market prices have become volatile. In these times, it is important for investors to take adequate steps to protect their capital and prevent their portfolios from liquidation. Some investors can opt to convert their crypto assets into stablecoins, while others can decide to seek ways to increase the value of their portfolios. It is important for investors to remember that the market is volatile, and token prices can fluctuate wildly. Therefore they need to vet projects carefully before they allocate capital to those projects. The most important factors to consider before purchasing any crypto tokens are fundamentals, user base, tokenomics, and use cases. These four factors heavily influence the value of a project’s token.
Three cryptocurrency projects that you should have in your portfolio are Cardano (ADA), Polygon (MATIC), and Big Eyes (BIG EYES). These three projects have a strong user base, solid fundamentals, and well-designed tokenomics back these projects. If you want tokens that will give your portfolio a boost, then these are the tokens you should purchase.
Cardano (ADA) is a Proof of Stake Layer 1 blockchain. It was launched in 2017 and aims to use crypto technology and decentralization to create positive change. Furthermore, it will provide the tools necessary for invaders to build life-changing projects on its blockchain. The solutions that can be built using Cardano are numerous, as some of the projects already built on the blockchain prove this. For example, Cardano is involved in some projects, including partnering with African governments and helping agricultural companies keep track of their crops. In addition, Cardano has created products to help kids in Africa learn about the blockchain.
ADA is the utility token of Cardano, and it can be used for various purposes on the blockchain. Token holders can collect rewards, stake, and govern the blockchain. Additionally, the token will allow users to perform transactions on the Cardano blockchain. Furthermore, the ‘Alonzo’ hard fork of 2021 brought smart contract capabilities to the blockchain, further attracting more developers to the Cardano ecosystem.
Polygon (MATIC) is a scaling solution for the Ethereum (ETH) blockchain. It expands the capacity of the Ethereum blockchain and allows developers to build faster and stronger applications on the network. Polygon provides developers with the Polygon SDK, which is a modular and flexible framework for application development. The SDK will make it easier for developers to build projects on Ethereum. Additionally, developers can create Zero-Knowledge (ZK) chains and optimistic roll-up chains using Polygon. Therefore, Polygon transforms the Ethereum blockchain into a multi-chain network.
MATIC is the utility token of the Polygon Network. It will facilitate governance and transactions on the Polygon network. MATIC will give users the right to vote on proposed changes to the network. Furthermore, it will facilitate transactions like purchasing NFTs on Polygon. The Polygon network is an example of innovation that can expand the capabilities of the crypto space.
Big Eyes (BIG EYES) is a community token. The project aims to increase access to NFT and DEFI through its platform. Big Eyes will funnel liquidity into the DEFI and NFT ecosystems through its user base. Furthermore, it would allow users to get more out of their NFTs by helping them to access the best deals and the flexibility to do more with already owned NFTs. To commit to its community-driven approach, Big Eyes will launch with 90% of the token available to users. Big Eyes relies on its community to drive the project forward, which is why a great percentage of the token would be available for the community.
The BIG EYES token is the project’s utility token, allowing users to perform various tasks within the ecosystem. Purchase BIG EYES tokens at the ongoing pre-sale to become a pioneer member of the platform. You enjoy different bonuses when you buy tokens in the ongoing presale.
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