Place/Date: - October 7th, 2022 at 8:55 pm UTC · 3 min read
Source: Big Eyes Coin
The “collapse of the crypto market,” as some have dubbed it, has occurred. Inevitably, such collapses or bearish runs will occasionally arise, given the extreme volatility of the cryptocurrency market.
Certain cryptocurrencies have demonstrated that they are valuable investments as the market gradually recovers from the bear market. Within the cryptocurrency and DeFi networks, coins such as Monero (XMR), VeChain (VET), and newcomer Big Eyes Coin (BIG) have demonstrated a high level of resiliency.
Some of the reasons why more individuals should consider including these coins in their investment portfolios are discussed in this article, along with some of the benefits these tokens bring to their users and investors.
The cryptocurrency Monero (XMR) operates on the Decentralized Finance network, protecting its users’ anonymity and the confidentiality of their financial and personal information during transactions. By design, all Monero users and investors remain anonymous. This is unique among the major cryptocurrencies.
Although the cryptocurrency market is currently bearish, Monero (XMR) is still considered a good investment because of its consistent performance.
Monero is a cryptocurrency that aims to mimic the features of larger, more popular coins like Bitcoin (BTC) and Ethereum (ETH) (XMR). There are many ways in which Monero (XMR) is comparable to Bitcoin, and this is something that sets it apart.
There is currently more than $18 billion worth of Monero (XMR) in circulation, as measured by the cryptocurrency’s market valuation. Since it has proven to be so resistant to the effects of the market, many crypto professionals and analysts believe that XMR’s price will continue to rise in the years to come.
VeChain (VET) was initially released as an ERC-20 token with the ticker VEN; however, after it switched to its mainnet, the supply, name, and ticker were all updated. The VeChain Thor (VET) Token is the network’s primary means of exchanging value and is a cryptocurrency designed to facilitate transactions.
VeChain Thor (VET) is not the only token on the VeChain platform; VeChain Thor Energy (VET) also exists (VTHO). Unlike VTHO, which is used for gas or transaction fees, VET is used to transfer and liquidate assets.
The core focus of VeChain is developing a reliable distributed ledger platform that facilitates secure, private, rapid, and low-cost financial transactions. As an alternative currency, VeChain Thor (VET) has great potential.
The key to successful decentralization of finance in the development of blockchain technology is open and honest communication with the project’s users and investors. The community-focused cryptocurrency Big Eyes Coin (BIG) aims to earn its users’ confidence and make them wealthy. Big Eyes Coin (BIG) has a great deal of untapped potential as a relatively recent addition to the cryptocurrency market.
The Big Eyes (BIG) NFT space is expected to be one of the most promising NFT initiatives. Big Eyes Coin (BIG) blends the NFT area’s buzz with a novel ocean conservation application. Sushi Crew Club members will access rare, one-of-a-kind items. The Big Eyes Coin (BIG) initiative will also use community-generated inventions and ideas to expand its ecosystem.
As a meme coin, Big Eyes Coin (BIG) also has the long-term goal of releasing its collection of non-fungible tokens (NFTs) and selling its merchandise. This is your chance to be a part of the revolution.
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