The 2022 bear market has been filled with chaos and unrest. There have been different events spiralling as a result of the massive drop in the prices of digital assets. This period has seen several crypto traders withdraw their funds from the coin market. While you must always protect your capital, the bear market still offers considerable earning opportunities. But that will only occur when you make the right purchases.
You’ll be expected to check through several options when trading in the coin market. However, the variety of alternatives can leave you confused. Algorand, Chiliz, and Rocketize are top crypto projects. They’ll make good purchases for any trader interested in their utility. This piece will reveal why you should buy any of these cryptocurrencies.
The Rocketize Presale Has Just Landed
Don’t let Rocketize’s status as a meme coin discourage you. There’s plenty of things to gain from being a part of this project. To start with, this meme coin was developed on the Binance Smart Chain. This means, there’s little or no chance of having your transactions delayed. Also, token transfers will be handled cheaply. JATO is the token symbol for this project and it serves as the fuel for ensuring transactions are completed. JATO is a BEP-20 token, and is compatible with other projects that are hosted on this blockchain.
Asides from being a meme coin, Rocketize also has DeFi features. Therefore, traders will enjoy the fun of a meme currency and functionality of a DeFi project. What more could you want? As a DeFi protocol, it can also be used to make smart contracts and dApps. The development team of this token have ensured that users will be able to use JATO to mint NFTs. This more than you’d get with any other cryptocurrency.
Furthermore, Rocketize is a cryptocurrency that relies on a deflationary system. This deflationary system means the amount of JATO tokens in circulation will reduce constantly. There are currently plans to burn 50% of the total token supply after the coin is launched. A deflationary token system will ensure that the value of the token will continue to rise. The Rocketize presale is still on. You can be a part of this project by clicking the link below.
Algorand Showing Signs Of Picking Up Again
Algorand is a reliable project with a simple, but impressive use case. Algorand is designed with the capacity to approve transactions instantly. It functions like a major payment processor, like Mastercard or Visa. Also, Algorand is an open-source project which means that users can view and contribute freely to the project. This cryptocurrency can handle near-instant transaction finality because it relies on an innovative mechanism referred to as the Pure Proof-of-stake. This mechanism is designed to recruit network validators from existing users. ALGO is the token for this blockchain, and is used to pay transaction fees.
Chiliz Continues To Capture Sporting Community
Most cryptocurrencies on the coin market are designed to be reliable means of payment and transfer of value. But there are a few, like Chiliz, that focus on an entirely different utility. When Chiliz was designed, the crypto developers were thinking about creating a way for sports fans to be a part of their favorite teams. Chiliz was founded in 2012, but didn’t gain popularity until the last few years.
Chiliz, also known as CHZ, is the native token for socios.com. Through this cryptocurrency and online portal, it’s possible for sports fans to make active contributions to their teams. Chiliz made an agreement with Binance Smart Chain in 2019. This integration exposed Chiliz to a wide audience, and made its blockchain more effective.
To learn more about Rocketize, check out the links below.
Presale: https://rocketize.io/buy
Website: http://rocketize.io
Telegram: https://t.me/RocketizeTokenOfficial
