The longest bear market in history looks like it won’t be anywhere anytime soon, and the cryptocurrency industry continues to struggle with the effects of the situation. This week, the second-largest crypto by market cap, Ethereum (ETH), plunged again by a massive amount, leading crypto players to wonder if another significant recession is on the horizon. Unfortunately, such has been the nature of the ongoing bear market in which the world’s biggest cryptos have suffered the most.
All around the cryptocurrency industry, there is a realization that the bear market might not end anytime soon. While this may sound like bad news to some, it presents a unique opportunity for others, especially crypto investors. Low crypto prices mean bulk buying is possible, and with the right altcoin, investors could see massive long-term return on investment (ROI).
Extensive market research indicates that these two altcoins, Polkadot (DOT) and Big Eyes Token (BIG), stand head and shoulders above the competition for a variety of reasons. This article takes an in-depth look at both altcoins. Here’s everything you need to know.
First, we have Polkadot (DOT). An open-source, sharded multi-chain protocol, Polkadot (DOT) not only connects and secures a network of specialized blockchains, but also facilitates cross-chain transfer of any type of data or asset, not just tokens. Polkadot (DOT) solves one of the cryptocurrency industry’s significant problems by acting as a hub that allows blockchain networks to be interoperable.
Polkadot (DOT) works as an ideal environment and foundation to support a decentralized web controlled by its users and to simplify the creation of new applications, institutions and services. Its native cryptocurrency, DOT, is integral to achieving this goal and facilitates several operations with the Polkadot ecosystem. For example, DOT enables crypto-related activities such as staking for operations and security, network governance, and buying link tokens to connect parachains.
A top 20 cryptocurrency by market capitalization, DOT is a familiar token in the industry and is available on several top crypto platforms, including Binance, Huobi Global, OKEx, Coinbase, and Kucoin.
Big Eyes Token
Big Eyes Token (BIG) is native to the upcoming Big Eyes crypto project, which has recently become the subject of buzz and excitement within the cryptocurrency industry. The crypto project is gaining importance due to several factors, such as its track record and the characteristics of its ecosystem. Big Eyes is completely community-driven, and its native token, BIG, is a comprehensive community token that exists to transfer wealth into the Decentralized Finance (De-Fi) ecosystem and protect much of the global ecosystem .
The Big Eyes Token (BIG) provides utility and facilitates several crypto-related activities within the Big Eyes platform and ecosystem. The token has a maximum supply of 200,000,000,000, 70% of which will be available during its presale phase. Additional features of the token include zero gas fees or transaction taxes, NFTs, events, and merch.
With the bear market raging, the Big Eyes Token (BIG) could be a viable long-term cryptocurrency investment for long-term investors. The token is rapidly approaching its pre-sale stage. To learn more about BIG, click here.
More information about the project
Site to buy the project: Big Eyes Token (BIG)
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The Two Best Altcoins To Invest In Amid The Ongoing Bear Market – Polkadot And Big Eyes Token
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