The cryptocurrency market is experiencing a significant downturn. Many crypto natives and investors are wondering how long it will last but what remains apparent is the opportunity this presents. The bear market has shaved off a decent chunk of cryptocurrency valuations, allowing people to buy projects at lower prices.
Furthermore, the current crypto crash is a temporary market correction which is set to be reversed once macroeconomic conditions become favorable. So, what projects should investors be looking to snatch up? This remains the most burning question on the lips of investors. Using solid investment frameworks, investors should be able to individually assess projects to determine if they are worth the buy or not.
Three cryptocurrency projects investors should be watching in this bear market include Paxos Standard (PAX), Green Satoshi Token (GST), and RoboApe (RBA). These three projects are poised to create enormous value for investors once the bear market sentiments abate. Here is a brief summary of these three projects.
Take A Look At Paxos Standard (PAX)
Paxos Standard (PAX) is a regulated blockchain infrastructure which is building multiple railways to an open financial system. The protocol is responsible for some of the most used products in crypto, including the PAX Dollar and PAX Gold. In addition, it offers its users other services such as crypto custody, creating crypto products, and building the rails necessary for web 2 companies to offer crypto to their users. However, Paxos is more than just a crypto company. It aims to become the one destination for all things crypto by becoming an infrastructure for other players to use.
Paxos has a global presence, working behind the scenes with many crypto partners to create an enabling environment for crypto and non-crypto companies to survive. Paxos also runs a crypto brokerage where users can buy or sell any cryptocurrency hassle-free. So it is easy to see why this project is one that investors should watch keenly.
Get Creative With Green Satoshi Token (GST)
Green Satoshi Token (GST) is the native token of a web 3 health and lifestyle project: STEPN. It is a play-to-earn NFT game where users purchase various sneakers and make money through movements. For example, Running, jogging, or casually strolling would alert users GST. The GST received depends entirely on the type of sneakers the user has purchased. Users can also level up these sneakers using GST tokens to earn higher rewards when they work out. STEPN is powered by the Solana (SOL) Blockchain.
The project operates a multi-token system, with GST as the utility token and GMT as its governance token. To become a part of the community, users must download the mobile app, set it up and join the community. They would also have to download Solana-compatible wallets to receive GST tokens
Introducing, All-The-Rage, RoboApe (RBA)
RoboApe (RBA) is a community project born from the need to educate newbies about the wonders of crypto. It will achieve this through its educational arm: RoboApe Academy. In addition, it would aid RBA token holders in participating in DEFI transactions by allowing users to swap between tokens on the RoboApe Swap at low fees. What’s more, RoboApe plans to organise charity games and events to fund causes its community DAO is passionate about.
RoboApe is a community-driven project that stands out from the rest. Its robust ecosystem is built for both creators and developers to build and explore. As a result, the RoboApe project is poised to be a leader in its category. A mix of social causes and profits blends to create the right environment for a strong community. Join this project’s presale today by checking the links below for more details.
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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