Ever since the cryptocurrency industry achieved mainstream attention, there has been a spike in interest in the parties mentioned above by the global community. Cryptocurrency holds several advantages and benefits over its fiat counterparts that cannot be ignored or denied. This is one of the reasons why members of the global community are becoming more invested in cryptocurrency and blockchain technology.
However, the ongoing bear market is a situation that is diverting all the attention from the positives within the industry. Bear markets are an extended period of market volatility and negative price action. During a bear market, the likes of which has been going on for a total of one year now, there is an abundance of loss which is instigated by sustained negative price action.
With the bear market in full swing, one way that crypto regulars can ensure the security and continuity of their investments is by planning for the long term. This piece suggests three promising cryptocurrencies that would be fantastic options with the capacity to yield massive returns. Here is why you should invest in Binance Coin (BNB), Cardano (ADA) and Big Eyes Coin (BIG).
Binance Coin (BNB)
Binance Coin (BNB) is the native cryptocurrency of Binance, the biggest cryptocurrency exchange globally based on daily trading volume. Binance is a platform that aims to bring cryptocurrency exchanges to the forefront of financial activity globally. It achieves this through a whole ecosystem of functionalities for its users. This ecosystem includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet and Research projects and the Binance Coin (BNB), which all employ the powers of blockchain technology to bring new-age finance to the world.
Binance Coin (BNB) facilitates several crypto operations within the Binance ecosystem, such as payment fees, network governance and user interaction. It is a top five cryptocurrency with stock on various top crypto platforms, such as Binance, Coinbase and FTX.
Cardano (ADA) is a popular Proof of Stake (PoS) blockchain platform within the cryptocurrency industry with a mission to allow changemakers, innovators and visionaries to bring about positive global change. Cardano (ADA) is a completely open-source project that aims to redistribute power from unaccountable structures to the margins of individuals. By operating in this manner, Cardano (ADA) helps to create a society that is more secure, transparent and fair.
Its native cryptocurrency, ADA, is an integral part of its ecosystem that facilitates several crypto operations, such as payment fees, network governance and user interaction. ADA is a top ten cryptocurrency by market cap with stock on prominent crypto platforms within the industry, such as Binance and Coinbase.
Big Eyes Coin (BIG)
Big Eyes Coin (BIG) is one of the hottest prospects within the cryptocurrency industry. The token is an Ethereum (ETH) based crypto asset with several attractive features, such as an attractive roadmap, a massive supply and a lack of transaction taxes. The culmination of these features makes it an attractive cryptocurrency in the current climate that struggling investors could consider for long-term cryptocurrency investments.
Big Eyes Coin (BIG) is currently in the fourth stage of its presale and has raised over $4 million. See more information on the Big Eyes Coin (BIG) and its native project here.
For more information on the project, check the button below and use the discount code, BEYES7903, for 5% extra on your purchase.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.