Ever since the cryptocurrency industry gained mainstream attention, cryptocurrencies and crypto investing have become a valid means of generating income within global communities. The myriad advantages of cryptocurrency over its fiat counterparts can no longer be ignored, with many within the global community calling for its adoption worldwide. Cryptocurrency is accessible, transparent and fully decentralized, characteristics that fiat does not have.
Crypto investing allows community members to generate income by investing in highly promising altcoins. The bear market has made crypto investing and other crypto operations harder to do. This is due to the high volatility and negative prices of the crypto. To survive in the current climate, crypto regulars are turning to various strategies that can curb the effects of the bear market, such as long-term investing in cryptocurrency.
To that effect, this article suggests three cryptocurrencies that crypto investors could use for long-term cryptocurrency investments. Here’s Everything You Need to Know Avalanche (AVAX), Chainlink (LINK) and Newcomer Big Eyed Coin (BIG).
Avalanche (AVAX) is a Layer 1 blockchain with the performance and speed to rival Ethereum (ETH), the world’s dominant smart contract platform. Avalanche (AVAX) is an ideal environment that supports decentralized applications (dApps) and custom blockchain networks. It is one of the fastest blockchain platforms in the industry, with higher transaction output of up to 6,500 transactions per second (tps) without compromising scalability.
The Avalanche Network consists of three individual blockchains, all of which perform different operations. Its native cryptocurrency, AVAX, is an integral part of its ecosystem and is responsible for facilitating several crypto operations including network governance, payment fees, staking, and user interaction. AVAX is available on the best crypto platforms in the industry.
Chainlink (LINK) is a blockchain abstraction layer enabling universally connected smart contracts. Using a decentralized oracle network, Chainlink (LINK) enables blockchain networks to interact with critical information, such as external data streams, events, and payment methods. It solves the interoperability problem. It provides critical off-chain information necessary for complex smart contracts to become the dominant form of digital agreement.
Its native cryptocurrency, LINK, plays a vital role in its ecosystem. LINK is responsible for facilitating crypto operations within the Chainlink ecosystem, such as network governance, payment fees, and user interaction. It is one of the top twenty cryptocurrencies by market capitalization with shares on leading crypto platforms within the industry.
Big Eyes Coin (BIG) is one of the most promising cryptocurrencies in the industry. BIG is native to the Big Eyes Coin crypto project. It promotes the network and facilitates several cryptographic operations, such as network governance, payment fees, and user interaction. It is currently on presale, making it an ideal token that crypto investors can consider for long-term cryptocurrency investments. The token also has various attractive features that will surely see it become a favorite of traders within the industry. Big Eyes Coin (BIG) is currently in presale and has raised over $8.29 million, making it one of the best performing cryptocurrencies in the industry this year.
For more information on the Big Eyes (BIG) coin, visit the links below.
Always do proper research when dealing with currency and token presales. The above information does not constitute investment advice from CryptoMode or its team, nor does it reflect the opinions of the website or its staff.
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