Uniswap, Shiba Inu, and Big Eyes Coin: Three Cryptocurrency Tokens to Tackle the Bear Market

How long will the bear market last? What should investors do to survive the crypto winter? These are the questions investors are asking as they try to navigate the bear market. There are different approaches users can take to protect their portfolios during these uncertain times. The most important thing to remember is that you need to preserve your capital if you want to continue participating in the crypto ecosystem. You can move your capital into stablecoins and watch what happens. Additionally, you can bring in underperforming projects from your portfolio to free up capital. Finally, you can look for projects that are trading below their value and buy them while their prices are currently low.

This will help you understand the intricacies of a project and determine if the project token is worth buying. Uniswap (UNI), Shiba Inu (SHIB) and Big Eyes Coin (BIG) are three perfect cryptocurrency tokens to tackle the bear market and increase your profits. Here is our detailed breakdown of each project.

Uniswap (UNI) – The growth platform

Uniswap (UNI) is a DEX that allows users to trade ERC-20 tokens. It uses an automated market maker model where users trade tokens against pools of liquidity. ERC-20 tokens are on the Ethereum network; therefore, only tokens on the Ethereum network are supported by Uniswap. Uniswap was launched in 2018 by Hayden Adams, and in 2020 he created the UNI governance tokens. Liquidity providers fund liquidity pools on Uniswap, and these users are rewarded with trading fees from using the pool. The fees that service providers receive depend on the number of tokens paid.

UNI token holders become members of the Uniswap DAO, which has over $1.6 billion in its treasury. The DAO Uniswap currently has over 300,000 members, and they decide how Treasury funds are allocated. Members of the DAO have the right to participate in votes regarding changes to the protocol.

Shiba Inu (SHIB) – More Than Just A Meme Piece

Shiba Inu (SHIB) is a dog-themed meme piece that has turned into a community token. The project was launched in 2020 by a developer using the pseudonym: “Ryoshi”. The project quickly gained followers in record time, as many crypto enthusiasts were attracted to its cute mascot. Also, the success of this dog-themed meme piece has resulted in several imitators trying to emulate its success. Shiba Inu has a strong crypto community of users dedicated to the project. An abundance of community support backs the SHIB token.

The popularity of the SHIB token has led to its listing on various exchanges, including Coinbase, Binance, and KuKoin. This allowed enthusiasts to acquire the token for the project. The creators of Shiba Inu said the project was eaten up because of their love for the Shiba Inu dog. The Shiba Inu meme piece is a perfect example of a community project that relies on the support of its community.

What is Big Eyes Coin (BIG)?

Big Eyes (BIG EYES) is a community token designed to give users easy access to DEFI and AUX NFTs. The project is inspired by Japanese culture. Additionally, Big Eyes will help the DEFI and NFT ecosystems by improving liquidity. Furthermore, Big Eyes aims to add value to ecosystems by channeling more liquidity and giving users better access to these crypto sectors. Big Eyes is an entirely community driven project; 90% of the token would be available to users at launch. The project will help users understand the DEFI and NFT ecosystems by reducing barriers to entry.

You can use BIG EYES tokens during the current presale. Different bonuses are available, and you can stack these bonuses to earn more BIG EYES tokens.

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Uniswap, Shiba Inu, and Big Eyes Coin: Three Cryptocurrency Tokens to Tackle the Bear Market

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