Long-term cryptocurrency purchase is ideal in the current market since it is protected from the bear market’s consequences, such as price declines and market volatility. In this article, three cryptocurrencies are discussed that might be good purchases in the current bear market. Here is all the information you require regarding Tezos (XTZ), Polygon (MATIC), and Big Eyes Coin (BIG).
Tezos – The Network Designed To Elevate Blockchain Technology
One of the most well-known blockchain networks in the cryptocurrency sector is Tezos (XTZ). It is a well-known smart contract-based cryptocurrency platform, similar to Ethereum (ETH), except for its architectural and operational differences. The most popular cryptocurrencies in the world, Bitcoin (BTC) and Ethereum (ETH) have each experienced a hard fork at least once since their inception.
Tezos is more advanced than Ethereum and develops and improves over time without the risk of doing so. Its ecosystem, which includes its native coin XTZ, is crucial for providing utility and enabling many crypto functions, including network administration, user interaction, and transaction fees. Top cryptocurrency exchanges in the market, such as BNB and Coinbase, list XTZ.
Polygon – Bringing Ethereum To The World
Polygon (MATIC) is a blockchain platform that is working to grow Ethereum. The largest Web3 ecosystem can scale in line with the rest of the market with the help of Polygon because it can provide extremely low transaction speeds and prices. This is a crucial function, and it can be argued that it is the main factor contributing to Polygon’s high expected value in the years to come.
The network is powered by MATIC, which is the native token of Polygon. Transactions are processed through it, gas costs are paid, and token awards are sent to validators. As users who stake MATIC gain a share of all transaction fees, it can also be staked to generate passive revenue. The future direction of the network can be shaped by a stakeholder’s vote on ideas for governance.
Big Eyes Coin – The Aesthetically Distinct Meme Token
Big Eyes Coin (BIG) is a cryptocurrency that got its inspiration from a big-eyed cat. As the platform is owned by the community, it establishes itself as a solid community for cat lovers. The platform wants to give its cat community a place that is tax-free and has cheap transaction fees. An NFT collection will be produced by Big Eyes Coin to help promote its community and coin. On the platform, proceeds from the NFT will be up for a vote. As they will aid in raising awareness and attracting new cats, the NFTs created by the Big Eyes Coin platform will play a significant role in their growth engine.
Big Eyes Coin (BIG) wants its buyers to be active, motivated, playful, and have other cat-like qualities. According to the Big Eyes Coin platform, there is a direct correlation between activity size and levels of engagement and momentum. Big Eyes Coin will frequently give away NFTs, tokens, and rewards to the community. Once Sushi Crew is operational, the Big Eyes Coin producers may begin selling NFTs to users. When using Sushi Crew, users may conduct NFT operations without being concerned about the high gas costs associated with trading on the Ethereum blockchain.
The NFT club will have an impact on Big Eyes Coins’ performance after launch, but the founders are currently working out the specifics. Currently, the coin may be found on several cryptocurrency charts, such as CoinDex and Coincheckup. To guarantee that smart contracts are prepared for use by the general public, experts have audited them.
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