Over the last few years, cryptocurrency investing has grown into one of the most lucrative ventures within the global community. This did not happen overnight and is thanks to the rapid growth and development of the cryptocurrency industry and the recent mainstream media attention on the burgeoning new industry.

Crypto is making a serious push within the global community to replace fiat currency completely. However, recent developments, such as the ongoing bear market, show that it still needs to fix a few things before it is ready for mainstream or global adoption.

The ongoing bear markets’ effects on the cryptocurrency industry are one of the most talked about topics within the global community, and it is easy to see why. Thanks to the bear market, there is now a high degree of volatility within crypto markets and an influx of negative prices, all of which make it difficult to perform daily crypto activities, such as trading and investing.

To cope with the situation, crypto investors are switching to more favorable strategies, such as long-term cryptocurrency investing, which is a perfect counter to the bear market. Long-term cryptocurrency investing has become the strategy of choice amongst crypto investors in the current climate. This piece highlights three cryptos that could yield massive returns if the strategy is used. See more on these three cryptos – Algorand (ALGO), The Sandbox (SAND) and Dogeliens Token (DOGET) below.

Algorand (ALGO)

Algorand (ALGO) is a popular blockchain-based platform within the cryptocurrency industry notable for providing feasible solutions to some of the most challenging problems that blockchain systems deal with, such as scalability, interoperability and security. It can achieve this by providing the necessary infrastructure and tools developers need to create applications and assets that are fast, decentralized and scalable.

The Algorand (ALGO) protocol utilizes an advanced Proof of Stake (PoS) consensus mechanism known as Pure Proof of Stake (PPoS), which is renowned within the cryptocurrency industry for being fast, and impartial. It is also notable for providing an ideal environment that allows all stakeholders to participate in block production and earn rewards.

Its native cryptocurrency, ALGO, is integral to its network. ALGO incentivizes and powers its ecosystem as well as facilitates several crypto operations within its ecosystem. Among such are network governance, user interaction and payment fees. ALGO stock is listed on prominent crypto platforms within the industry, such as Binance and Coinbase.

The Sandbox (SAND)

The Sandbox (SAND) is a notable blockchain-based virtual reality and gaming platform within the cryptocurrency industry. It is a pioneer of the burgeoning crypto gaming space. It is noteworthy within the cryptocurrency industry for providing an ideal environment where users can create, build, buy and sell digital assets in a game.

Its native cryptocurrency, SAND, powers and supports its ecosystem and is a highly sought-after gaming coin within the industry. SAND stock is listed on top crypto platforms, such as Binance, Gate.io and LATOKEN.

Dogeliens Token (DOGET)

Dogeliens Token (DOGET) is an upcoming meme coin notable within the cryptocurrency industry for impressive features, such as a massive supply and an exciting roadmap. The token generates a lot of buzz among crypto aficionados, and it is on the way to becoming a viable option for long-term cryptocurrency investing and struggling investors in the current climate. Dogeliens Token (DOGET) is native to the Dogeliens crypto project, an initiative that seeks to further the adoption of blockchain technology. For more information on the token, click here.

 

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