Here’s the thing. Cryptocurrencies are undeniably the future of the banking and finance sector. The many advantages it holds over its fiat counterparts are clear as day, and as such, it is only a matter of time before crypto achieves global adoption. With crypto, the limitations of traditional finance, such as inaccessibility, lack of transparency and the like, are easily overcome. The future of the cryptocurrency industry has never looked brighter than now.
Even with the ongoing bear market putting a strain on daily crypto activities, such as trading and investing, the industry is still making significant strides. In the current climate, however, there is a unique opportunity for income generation through crypto investing. You see, crypto prices are at an all-time low thanks to the bear market, and crypto investors can take full advantage of this situation to make smart crypto investments that can yield massive returns in the long run. This piece discusses three cryptocurrencies with the right qualities to fetch huge profits in the current climate. Here’s all you need to know about Cosmos (ATOM), Avalanche (AVAX) and Big Eyes Coin (BIG).
Cosmos (ATOM) is a notable blockchain-based platform within the cryptocurrency industry that belongs to a select group of blockchain networks with the capacity to rival Ethereum (ETH), the world’s dominant smart contract platform. Its speed and performance are impressive, and it provides feasible solutions to some of the most challenging problems within the industry, such as fragmentation, speed and energy efficiency. Cosmos (ATOM) is a platform solving the interoperability platform through a framework that enables an ecosystem of connected blockchains.
Its native cryptocurrency, ATOM, is an integral part of its ecosystem and is responsible for incentivizing the network and facilitating several crypto operations, including network governance, user interaction and payment fees.
Avalanche (AVAX) is one of the few blockchain networks within the cryptocurrency industry with the speed and performance to match Ethereum (ETH), the world’s dominant smart contract platform. As a layer one blockchain, Avalanche (AVAX) functions as a platform for creating and deploying decentralized applications (dApps) and custom blockchain networks. One of its most impressive features is possessing a higher transaction output of up to 6,500 transactions per second (tps) while not compromising scalability.
Central to all operations on the Avalanche platform is its native cryptocurrency, AVAX. AVAX incentivizes the network and facilitates several crypto operations, including user interaction, payment fees and network governance. As a top twenty cryptocurrency by market cap, AVAX is available on countless crypto platforms within the industry, including Binance and Coinbase.
Big Eyes Coin (BIG)
Big Eyes Coin (BIG) is an upcoming meme currency currently on presale within the cryptocurrency industry. Unlike most meme coins that are dog-based, Big Eyes Coin (BIG) is based on a cat and uses “cuteness as a currency”, a marketing strategy deployed by its team. The token boasts impressive features, such as a lack of transaction taxes that could likely see it become a trader favourite within the industry.
Big Eyes Coin (BIG) is currently on presale and has raised over $9 million, placing it on course to surpass the $20,000 mark set by its team. For more information on the token, click here.
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