Thanks to the current bear market, many investors are experiencing negative results in their investments. The current bear market is a long and brutal one that affects a lot of coins in the crypto market. Just like every other financial market, the crypto market is also subject to bear and bull runs.
During the bull market or the good days, the crypto market flourishes. The value of many coins soar, and the value placed on each coin corresponds with the utility they offer. On bad days, however, the value of many coins plummet.
The coins that are not prepared for the bear markets often end up going bust at the end. The bear market usually lasts for a couple of months before the cycle turns. However, this time, it is not so simple. The bear market has been ravaging the crypto sphere for months now, and does not show signs of alleviating.
While the world and other financial markets are experiencing a negative trend, the heat has also turned to the crypto market. However bad it is, some coins offer rays of hope. These crypto projects are in a solid position and hold the promise of a rewarding tomorrow. These coins seem like safe options to bet on in the middle of a bear market. Chainlink (LINK) and Rocketize Token (JATO) are two such coins.
Chainlink (LINK): Connecting Platforms Together
Chainlink (LINK) shows great promise thanks to its use case. While many coins follow the same pattern and offer the same things, Chainlink (LINK) solves a critical issue that has been plaguing the crypto market for a long time. Thanks to its brilliant solution, there is no doubt that Chainlink (LINK) will remain a legend in the crypto market. Chainlink (LINK) connects blockchains with off-chain data as a decentralized oracle.
Since blockchain networks do not have direct connectivity with the world, the importance of Chainlink (LINK) cannot be overemphasized. The lack of direct connectivity limits the amount of data the blockchains can use and accept, although it is good for security. By providing a link between the two worlds, Chainlink (LINK) is strategically positioned to remain relevant as more firms accept emerging blockchain technology.
The Cross-Chain Interoperability Protocol (CCIP) included in the Chainlink (LINK) platform is used by several businesses, including SWIFT, a major player in the payment sector. By making use of CCIP, SWIFT will be able to communicate with as many blockchains as they want. The collaboration between SWIFT and Chainlink (LINK) is a sign of more collaboration to come. This improves the use case of Chainlink (LINK) to many investors and makes it worth investing in.
Rocketize Token (JATO): Revolutionizing the Meme Coin Sector
Rocketize Token (JATO) could not have come at a better time. When the crypto market was desperate for something unique, the crypto asset emerged as the answer to many prayers. The coin intends to make shocking moves in the crypto sphere, and it started with the NFT sector. Rocketize Token (JATO) intends to transform how NFTs are minted.
It is planning to host a specialized NFT minting session where new NFTs are generated. The event, tagged ROCKMint, was founded by the Atomic Nation, Rocketize Token’s (JATO) community. The Atomic Nation is a community filled with dedicated developers and interested investors who are working to ensure the coin succeeds.
ROCKMint creates and stores a wide variety of NFT collectibles with the aid of Web-3 decentralized wallets. This means that crypto enthusiasts can submit their favorite memes to create a personalized collection. As a groundbreaking move, many crypto users are paying more and more attention to Rocketize Token (JATO).
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*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.