Crypto investing has become a valid means of income generation worldwide. Since cryptocurrency achieved mainstream adoption, there has been an influx of interested parties into the industry. Mainstream propaganda has painted crypto as a get-rich-fast scheme; however, the reality is far from that. The ongoing bear market proves this point.
Within the current climate, more and more crypto investors are turning towards long-term cryptocurrency investments as a fail-safe. It is a strategy that has proved effective in the previous bear markets and could yield the same results in the ongoing one. Within the industry, several altcoins are showing great promise and possess the potential to generate massive returns. We look at three altcoins that fall into this category below. Here’s all you need to know about Polygon (MATIC), Near Protocol (NEAR), and Big Eyes Coin (BIG).
Polygon’s (MATIC): key features
Polygon (MATIC) is the cryptocurrency industry’s first well-structured, easy-to-use platform for Ethereum (ETH) scaling and infrastructure development. It is a platform that enables the creation of optimistic rollup chains, ZK rollup chains, stand-alone chains, or any other kind of infra required by the developer. Polygon (MATIC) transforms Ethereum (ETH) into a full-fledged multi-chain system (aka Internet of Blockchains) similar to Polkadot (DOT), Cosmos (ATOM), Avalanche (AVAX), etc.
Polygon (MATIC) achieves up to 65,000 transactions per second (tps) on a single side chain, along with a good block confirmation time of fewer than two seconds. Its speed and performance are comparable to notable crypto platforms within the industry, such as Polkadot (DOT), Avalanche (AVAX), and Cosmos (ATOM). Polygon features a native cryptocurrency that facilitates several crypto-related operations within its ecosystem, such as payment fees, network governance, staking for security and operations, etc. MATIC is available on several prominent crypto platforms, such as Binance, COinbase Pro, Huobi Global, FTX, and Kucoin.
What is NEAR Protocol (NEAR)?
NEAR Protocol (NEAR) is a notable layer one blockchain and a community-run cloud computing platform within the cryptocurrency industry. It is reputable for providing feasible solutions to some of the limitations bogging down competing blockchains, such as low transaction speeds, low throughput, and poor interoperability. Additionally, NEAR Protocol (NEAR) is an ideal environment for creating Decentralized Applications (dApps) and a developer and user-friendly platform.
Its native cryptocurrency, NEAR, is an integral part of its ecosystem and facilitates several operations, such as payment fees and transactions to network governance. NEAR is a highly sought-after token within the industry available on crypto platforms such as Binance, Huobi Global, Mandala Exchange, FTX, and OKEx.
Introducing Big Eyes Coin (BIG)
Native to the Big Eyes crypto project, Big Eyes Coin (BIG) is a highly anticipated meme coin that could be the perfect long-term cryptocurrency investment for struggling investors in the current climate. The token is part of an initiative that seeks to impact the Decentralized Finance (DeFi) sector significantly. Big Eyes Coin’s appeal comes from its massive supply, roadmap, and dedication to community development and charitable causes.
Big Eyes Coin (BIG) is approaching the third stage of its presale, where its price will go up by 25%, meaning investors must make haste to purchase it. The token is currently on presale and has already raised over $2 million. All indications suggest that it could be a valuable asset in the current climate.
For more information on the Big Eyes Coin and project, follow the links below:
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.