The ongoing bear market is causing significant stress in the cryptocurrency industry as it prevents cryptocurrencies such as traders and investors from carrying out their day-to-day cryptocurrency activities. The result is a high amount of loss within the industry that damages the ecosystem. To solve this problem, members of the crypto community are turning to various strategies that can ensure asset security and business continuity, such as long-term cryptocurrency investments.
Long-term cryptocurrency investment is an ideal cryptocurrency investment strategy that minimizes the risk of operating at a loss and promises maximum returns, making it ideal in the current climate. With the right cryptocurrency, it is possible to make huge returns with long-term cryptocurrency investment, which is an attractive quality in an ongoing bear market.
As the bear market heats up and many cryptocurrencies experience significant volatility, the industry is turning its attention to a few lesser-known cryptocurrencies that could deliver big returns in the ongoing bear market. This part focuses on three of these cryptocurrencies. Here’s everything you need to know about Solana (SOL), Near Protocol (NEAR) and Big Eyes Coin (BIG).
Smart Contract Functionality – Solana
Solana (SOL) is a highly functional cryptocurrency project within the industry, noted for providing possible solutions to many challenges including speed, performance and scalability. It is one of the few blockchain platforms within the industry capable of competing with Ethereum (ETH), the world’s dominant smart contract platform. The Solana (SOL) platform is an ideal environment for the creation and deployment of decentralized applications (dApps) and is also a hotspot for small-time and institutional traders.
The native cryptocurrency SOL is central to the proper functioning of its ecosystem. SOL provides utilities and facilitates all cryptocurrency operations, including network management, user interaction, and payment fees. SOL is available on several top cryptocurrency platforms within the industry.
High Performance Networking – Close to Protocol
The Near Protocol (NEAR) is a single-tier blockchain network and community-driven cloud computing platform that has gained attention for its role in providing possible solutions to some of the toughest challenges in the cryptocurrency industry, such as low transaction speed, low throughput, and poor interoperability. . Its speed and performance make it an ideal environment for building and deploying Decentralized Applications (Apps), creating a developer- and user-friendly platform.
Central to all transactions in the Near Protocol is its native cryptocurrency, NEAR. NEAR is a token that encourages the Near Protocol ecosystem and facilitates several crypto operations such as network management, user interaction and payment fees. NEAR is available on several top cryptocurrency platforms such as Binance and Coinbase.
Ethereum based meme coin – Big Eyes Coin
Big Eyes Coin (BIG), native to the Ethereum (ETH) network, is an upcoming meme coin that has generated a lot of interest in the crypto community for several reasons, such as its attractive features. The token requires no transaction fees and has a large supply, making it an ideal cryptocurrency in the current climate.
BIG is currently in its third pre-sale phase and has raised over $9 million so far. Big Eyes Coin is fast approaching the end of its presale and by all indications, it is not a cryptocurrency that any cryptocurrency investor should miss out on. Use the coupon code BCUTE955.
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