Place/Date: - November 6th, 2022 at 9:01 am UTC · 3 min read
Source: Big Eyes Coin (BIG)
The ongoing bear market had lasted longer than anyone could have predicted when it began in the summer after crypto markets crashed alongside global financial markets. As we approach the end of the year, the bear market is still very much in vogue, prompting members of the cryptocurrency industry to seek out feasible solutions that can ensure profit generation and the security of assets and portfolios.
Out of the many strategies out there, not many are as effective as long-term cryptocurrency investing, which is a strategy with a proven record in situations like these. With long-term cryptocurrency investing virtually established as the preferred means of operation within the cryptocurrency industry, this piece discusses three highly promising altcoins that would be suitable options for crypto investors in the current climate. Here’s what makes Elrond (EGLD), Stellar (XLM) and Big Eyes Coin (BIG) fantastic investment options in the current climate.
Elrond (EGLD) is a notable blockchain protocol within the cryptocurrency industry that provides feasible solutions to some of the most challenging problems, such as speed and scalability. Elrond is a platform that seeks to offer extremely fast transaction speeds by using sharing and a technology ecosystem for the new internet. This includes fintech, decentralized finance and the Internet of Things (IoT).
Its native cryptocurrency, EGLD, is an integral part of its ecosystem and is responsible for incentivizing the network and facilitating several crypto operations, such as network governance, payment fees and user interaction. EGLD is a highly sought-after cryptocurrency within the industry, with stocks on various prominent crypto platforms.
Stellar (XLM) is a popular peer-to-peer (P2P) decentralized network within the cryptocurrency industry. It is notable for its role in connecting the world’s financial systems and ensuring a protocol for payment providers and financial institutions. Stellar moves financial resources swiftly and reliably at a minimal cost. It is a renowned platform that links people, banks, and payment processors and enables users to create, send and trade multiple types of crypto.
Central to all operations on the Stellar platform is its native cryptocurrency, XLM. XLM incentives the network and facilitates several crypto operations, such as network governance, user interaction and payment fees. It is a highly sought-after cryptocurrency within the cryptocurrency industry, with stocks on prominent crypto platforms.
Big Eyes Coin (BIG) is one of the most talked about cryptocurrencies within the cryptocurrency industry. The token is notable for various attractive features, such as a lack of transaction taxes that make it ideal for everyday transactions and operations within the industry.
Having raised over $9 million in presale, the Big Eyes Coin (BIG) is emerging as a viable option for long-term cryptocurrency investing that crypto investors can consider in the current climate. Big Eyes Coin (BIG) is currently in the sixth stage of its presale and could be a valuable asset to possess amid the ongoing bear market.
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