Since the cryptocurrency industry achieved mainstream attention, cryptocurrencies and crypto investing have become a valid means of income generation within global communities. The countless advantages cryptocurrency holds over its fiat counterparts cannot be ignored anymore, with many people within the global community clamoring for its adoption worldwide. Cryptocurrency is accessible, transparent, and fully decentralized, traits that fiat does not possess.
Crypto investing allows community members to generate income by investing in highly promising altcoins. The bear market has made crypto investing and other crypto operations harder to perform. This is due to the high volatility and negative prices of crypto. To survive in the current climate, crypto regulars are turning to various strategies that can curb the bear market’s effects, such as long-term cryptocurrency investing.
To that effect, this piece suggests three cryptocurrencies that crypto investors could utilize for long-term cryptocurrency investments. Here’s all you need to know Avalanche (AVAX), Chainlink (LINK), and newcomer Big Eyes Coin (BIG).
Avalanche (AVAX) is a layer one blockchain with the performance and speed to rival Ethereum (ETH), the world’s dominant smart contract platform. Avalanche (AVAX) is an ideal environment that supports decentralized applications (dApps) and custom blockchain networks. It is one of the fastest blockchain platforms within the industry, with a higher transaction output of up to 6,500 transactions per second (tps) while not compromising scalability.
The Avalanche network consists of three individual blockchains, all of which perform different operations. Its native cryptocurrency, AVAX, is an integral part of its ecosystem and is responsible for facilitating several crypto operations, including network governance, payment fees, staking, and user interaction. AVAX is available on top crypto platforms within the industry.
Chainlink (LINK) is a blockchain abstraction layer enabling universally connected smart contracts. With the aid of a decentralized oracle network, Chainlink (LINK) allows blockchain networks to interact with critical information, such as external data feeds, events, and payment methods. It solves the interoperability problem. It provides critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.
Its native cryptocurrency, LINK, plays an integral role in its ecosystem. LINK is responsible for facilitating crypto operations within the Chainlink ecosystem, such as network governance, payment fees, and user interaction. It is a top twenty cryptocurrency by market cap with stocks on prominent crypto platforms within the industry.
Big Eyes Coin (BIG) is one of the most promising cryptocurrencies within the industry. BIG is native to the Big Eyes Coin crypto project. It incentivizes the network and facilitates several crypto operations, such as network governance, payment fees, and user interaction. It is currently on presale, making it an ideal token that crypto investors can consider for long-term cryptocurrency investments. The token also possesses various attractive features that will surely see it become a trader favourite within the industry. Big Eyes Coin (BIG) is currently in its presale and has raised over $8.29 million, making it one of the most successful cryptocurrencies within the industry this year.
For more information on the Big Eyes Coin (BIG), visit the links below.
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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