Although the ongoing bear market is still in full swing, crypto investors around the world will be happy with the recent crypto pump in the market.
Although the ongoing bear market is still in full swing, crypto investors around the world will be happy with the recent crypto pump in the market. Like many crypto analysts predicted late last year, there has been a brief bull run within the cryptocurrency industry that has allowed many poor-performing cryptos to experience an upward trajectory. As such, crypto investing appears much more profitable at the moment than it has been in a long time. However, because the bear market is not yet over, crypto investors ought to exercise a degree of caution when navigating the crypto market.
One of the best ways crypto investors can profit in the current climate and still ensure that they are unaffected by the bear market is through long-term cryptocurrency investing. A tested and trusted crypto investing strategy, long-term cryptocurrency investing is ideal in the current climate because it promises massive returns in the long run and ensures that crypto assets are safe from the effects of the ongoing bear market. This piece suggests three promising cryptocurrencies that could be ideal long-term cryptocurrency investments in the current climate. Here’s all you need to know about Axie Infinity (AXS), The Sandbox (SAND) and Big Eyes Coin (BIG).
Axie Infinity (AXS)
Axie Infinity (AXS) is a popular blockchain-based trading and battling gaming platform within the cryptocurrency industry that is inspired by popular games such as Tamagotchi and Pokemon. Like most gaming platforms within the GameFi sector, Axie infinity (AXS) infuses crypto rewards within its ecosystem in order to deliver a new, exciting, innovative experience. The Axie Infinity (AXS) game allows players to collect, breed, raise, battle and trade token-based creatures known as Axies. Each of these Axies is a Non-Fungible Token (NFT) that can perform a plethora of operations, particularly fighting and mating. These Axies also hold value within the Axie Infinity (AXS) ecosystem and can be sold for huge amounts within the Axie Infinity marketplace.
Its native cryptocurrency, AXS, plays an integral part in its ecosystem by providing utility and facilitating several crypto operations, such as payments, network governance and more. AXS stock is trading on several crypto platforms within the industry, such as Binance, Huobi Global, Coinbase, FTX, Bithumb and Kraken.
The Sandbox (SAND)
The Sandbox (SAND) is a popular blockchain-based virtual reality and gaming platform within the cryptocurrency industry that has become an ideal environment for gaming enthusiasts to create, build, buy and sell digital assets in the form of a game. The Sandbox (SAND) is notable within the cryptocurrency industry for combining various blockchain and cryptocurrency industry features, like decentralized autonomous organizations (DAO) and Non-Fungible Tokens (NFTs). By doing so, it creates a decentralized platform for a thriving gaming community.
Its native cryptocurrency, SAND, powers and incentivizes its ecosystem. SAND stock is listed on top crypto platforms within the industry, such as Binance and LATOKEN.
Big Eyes Coin (BIG)
Big Eyes Coin (BIG) is an upcoming meme coin that is native to the Ethereum (ETH) blockchain. The token has been dominating crypto news for some time now and recently surpassed $32 million in sales in its presale stage, making it one of the cryptocurrencies with the most successful presale in crypto history.
Big Eyes Coin (BIG) could be a valuable portfolio addition in the current climate and is worth considering. For more information on the token, click here.
More information on Big Eyes Coin: Website, Telegram, Twitter, YouTube.