The crypto winter has left a lot of investors scrambling to get more out of their portfolios. With the huge price slashes, crypto tokens have experienced, it is normal for investors to feel fear and uncertainty. As the crypto winter continues to affect token prices, investors are advised not to miss this opportunity to buy the dip. They should embrace the price discounts on token prices and load up on good projects that are currently trading below their value. Before purchasing any crypto tokens, investors are encouraged to conduct thorough research into the projects to prevent the purchase of duds or poor projects. Fundamentals, use cases, and tokenomics are three areas investors should investigate before allocating capital to any project.
Three crypto tokens investors should be watching this crypto winter are Cardano (ADA), Bitcoin (BTC), and Big Eyes (BIG EYES). These three crypto projects have solid fundamentals, a strong user base, and well-structured tokenomics. Investors should take a closer look at these crypto projects as they are poised to rebound after the crypto winter. Here is a brief summary of each project.
Taking A Lead – Cardano (ADA)
Cardano (ADA) is a PoS (Proof of Stake) blockchain founded in 2017. Its goal is to build a decentralized project allowing innovators and creators to build and create positive change in the world. The blockchain has gained widespread use and relevance, including helping agricultural companies track and monitor their activities from the farm to the table. This and other utilities of Cardano have made it one of the top-ranking crypto projects ranking 8th.
The ADA token is the reward and governance token of Cardano. It allows its community to participate in the decision-making process by giving them the right to vote on issues affecting the blockchain. Furthermore, the ‘Alonzo’ hard fork of 2021 brought smart contract capabilities to the blockchain. This further attracted more builders and developers to the space. Cardano is poised to experience a regrowth in the next bull market. Keeping a close eye on this project will help you reap the rewards.
A Bigger Bite Of The Apple – Bitcoin (BTC)
Bitcoin (BTC) is the first cryptocurrency project, and it was launched in 2009. The project was launched by an individual or individuals with the pseudonym- Satoshi Nakamoto. Satoshi Nakamoto released a white paper detailing how Bitcoin will be used as censorship-resistant money that would facilitate transactions on the internet. The project would be a peer-to-peer network facilitated by nodes run by validators. Furthermore, the network will be secured using a Proof of Work (PoW) consensus mechanism where hard math problems would have to be solved for new blocks to be created.
BTC is the utility token of the network and is the “money” spent on the network. Users receive their tokens in a cryptographic wallet address secured by seed phrases. Bitcoin is by far the most popular crypto project, and it has been here since the beginning.
The New Name in Town – Big Eyes (BIG EYES)
Big Eyes (BIG EYES) is a community token built to give users more flexibility in the DEFI and NFT ecosystem. The project aims to funnel liquidity into the DEFI and NFT ecosystems and increase access to users who hold the BIG EYES token. Big Eyes is a fully community-driven project and would be owned entirely by its community. At launch, 90% of the token would be available for users. The project is designed to give users more options and flexibility when they are accessing DEFI protocols. Finally, it would simplify DEFI and make it more accessible to users in the crypto space.
The Big Eyes project is poised to create a new paradigm in the NFT and DEFI spaces. You can become an early member of this project by participating in the ongoing pre-sale. Remember that you can earn various bonuses, and bonuses can stack. Purchase tokens today and become a pioneer. Start purchasing BIG EYES tokens today
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