It goes without saying that the bear market of 2022 has been harsh on everyone within the cryptocurrency industry, especially investors and traders. To avoid unnecessary losses in the market, investors should prioritize long-term cryptocurrency investment over short-term. This way, investors can gain massive returns when the bear market is finally over.
Many crypto tokens have been affected by the bear market. Even Industry leaders like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Avalanche (AVAX) have been affected by the dip. As the bear market rages on, investors should consider Polygon (MATIC), NEAR Protocol (NEAR), and Zompot Token (ZPOT).
Polygon (MATIC) – The Multifaceted Blockchain
Polygon (MATIC) is a framework for building Ethereum (ETH) compatible blockchain networks. For years the Ethereum (ETH) network has faced several challenges, such as high fees, poor user experience, and low transaction throughput. Polygon (MATIC) is the solution to those problems.
Polygon (MATIC) exists to provide a multi-chain ecosystem of Ethereum (ETH) compatible blockchain networks. The platform offers a simple-to-use framework that allows developers to each launch their custom Ethereum (ETH) compatible blockchain. Polygon’s multi-chain system is similar to other ones such as Polkadot (DOT), Cosmos (ATOM), and Avalanche (AVAX), with the advantages of Ethereum’s security vibrant ecosystem and openness.
The platform’s native cryptocurrency, MATIC, is increasingly important in securing the system and enabling governance. MATIC is a top 20 crypto by CoinMarketCap, with a live market cap of $4,755,401,297 and a circulating supply of 8,006,803,853 MATIC coins, and a max. supply of 10,000,000,000 MATIC coins. You can find MATIC on several top crypto platforms in the industry, including Binance, Coinbase Pro, Huobi Global, FTX, and KuCoin.
NEAR Protocol (NEAR) – The Community Crypto
NEAR Protocol (NEAR) is a blockchain-based system that exists to be a community-run cloud computing platform. Near Protocol (NEAR) eliminates some of the limitations competing blockchain networks have been battling, such as low transaction speeds, low throughput, and poor interoperability. By doing so, NEAR Protocol (NEAR) provides the ideal environment for dApp creation and exists as a developer and user-friendly platform.
The platform’s founders are Erik Trautman, Illia Polosukhin, and Alexander Skidanov. Since its launch, NEAR Protocol (NEAR) has served as the foundation for dApp creation. Flux and Mintbase are examples of the many projects built on NEAR Protocol (NEAR).
Its native cryptocurrency, NEAR, is a top 30 cryptocurrency by CoinMarketCap with a live market cap of $2,796,248,179 and a circulating supply of 729,864,192 NEAR coins, and a max. supply of 1,000,000,000 NEAR coins. The token is available on several crypto platforms such as Binance, Huobi Global, Mandala Exchange, FTX, and OKEx.
Zompot Token – The Problem Solving Coin
The arrival of Zompot Token (ZPOT) will surely stir excitement and anticipation within the cryptocurrency industry. The token brings exciting and innovative features such as fast transactions, accessibility, inflation protection, and transactional freedom.
ZPOT is the native cryptocurrency of Zompot, a crypto platform dedicated to providing the ideal environment for safe and secure investments without the limitations of traditional financial systems such as inflation. Additionally, the platform ensures fast and secure transactions and flexibility of usage.
The Zompot platform runs on the Binance Smart Chain (BSC), a blockchain network reputable for fast transaction speeds and low transaction costs. The platform seeks to usher in a new era in both fiat and blockchain economies and solve blockchain security and privacy issues by providing users with a transparent ledger of their transactions.
Zompot Token is one altcoin to look out for in the coming months. The token is currently in its presale. To stay informed about the Zompot Token, watch this space and join the exciting new platform.
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.
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.