There is no denying that the ongoing bear market has been more challenging than previous bear markets for several reasons. At the height of its reign, it caused an adaptation period within the cryptocurrency industry like never before, forcing popular crypto platforms such as Gemini, BlockFi and Coinbase to lay off a considerable number of their staff to protect themselves against the worsening conditions in the industry.
Within the current climate, crypto players are turning towards unorthodox means to protect themselves against the bear market. One method that has brought much success in the past is long-term cryptocurrency investments. Long-term cryptocurrency investments mitigate the effects of the bear market and promise massive returns in the long run. This piece discusses three altcoins that would make fantastic long-term cryptocurrency investments in the current climate. Market analysis from crypto experts suggests that all three altcoins could potentially fetch a 100x profit in the ongoing bear market. Here’s everything you need to know about Chainlink (LINK), Fantom (FTM) and Big Eyes Coin (BIG).
Chainlink (LINK) is a blockchain abstraction layer reputable for its role in enabling universally connected smart contracts. It achieves this through a decentralized oracle network that allows blockchain networks to securely interact with external data feeds, events and payment methods. Chainlink (LINK) is also a notable smart contract platform. It provides the critical off-chain information necessary for complex smart contracts to become the dominant form of digital agreement.
Since its launch, Chainlink (LINK) has made a name for itself in the data industry, attracting the attention of numerous trusted data providers, such as Brave New Coin, Alpha Vantage and Huobi. Its native cryptocurrency, LINK, is an integral part of its operation and the heartbeat of its ecosystem. LINK is a prominent crypto within the industry, available on several crypto platforms, including Huobi Global, Coinbase Pro, Gate.io and Kraken.
Fantom (FTM) is a directed acyclic graph (DAG) smart contract platform that provides decentralized finance (De-Fi) services and seeks to solve problems associated with smart-contract platforms, such as transaction speed, security, decentralization and scalability. It is best described as an open-source, decentralized smart contract platform for decentralized applications (dApps) and digital assets. Fantom (FTM) also possesses the capacity to function as an alternative to Ethereum (ETH).
Its native cryptocurrency, FTM, is an integral part of its ecosystem and is essential to all operations. FTM is available on several crypto platforms, including Binance, Gate.io and OKEx Korea.
Native to the Big Eyes project, Big Eyes Coin (BIG) is a highly anticipated and rated token within the cryptocurrency industry. The token has been hailed as the next big cryptocurrency by crypto analysts and looks likely to meet all expectations after raising $1 million in the first week of its presale. Big Eyes Coin (BIG) is a meme coin with a unique marketing strategy that is making cuteness a currency. The token also plays a big role in the Big Eyes ecosystem, incentivizing it and providing access to exclusive features such as the Big Eyes Swap and Big Eyes Merch.
Big Eyes Coin (BIG) is currently on presale and would be a fantastic long-term cryptocurrency investment. All indications suggest that the token could be a huge success in the current climate and is not one to miss out on. See more information on Big Eyes here.
Big Eyes Coin (BIG)
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