The ongoing bear market is approaching a sixth-month duration within the cryptocurrency industry. Now more than ever, it is becoming apparent that members of the crypto community need to find feasible solutions to curb its effects. One strategy that is gaining prominence within the industry is long-term cryptocurrency investing. Since it is a strategy that requires cryptocurrencies to vest for an extended period, it is an ideal counter to the extreme market volatility and negative crypto prices within the industry courtesy of the bear market.
Within the industry, the largest cryptocurrencies by market cap, such as Bitcoin (BTC) and Ethereum (ETH), have been the biggest losers and are by far the most volatile. Due to this, crypto investors are better off making investments in lesser-known altcoins with massive growth potential that can yield massive returns in the long run. This piece focuses on three cryptocurrencies that fit this bill to the latter. Here’s all you need to know about Binance Coin (BNB), Tron (TRX) and Dogeliens Token (DOGET).
Binance Coin (BNB) The Largest Crypto Exchange
The native cryptocurrency of Binance, the largest cryptocurrency exchange in the world by daily trading volume, is called Binance Coin (BNB). By motivating the network and facilitating a number of crypto processes, including network governance, user interaction, and transaction fees, the token plays a crucial part in the Binance ecosystem. Binance is recognised as a platform that aspires to push cryptocurrency exchanges to the forefront of financial activity worldwide throughout the cryptocurrency industry. A few of the many user-friendly features in its ecosystem are the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet, and Research initiatives.Binance Coin (BNB) is a highly sought-after cryptocurrency within the industry for several reasons, such as low transaction costs and trading fee discounts. It is available on several prominent crypto platforms, including Binance and Coinbase.
Tron (TRX) The Decentralized Blockchain Based System
Tron (TRX) is a decentralized blockchain-based operating system within the cryptocurrency industry developed by the Tron Foundation and launched in 2017. It is a platform notable for providing full ownership rights to makers of digital content, and its goal is to help content creators (who receive only a small part of the income) and encourage them with more rewards for their work. The Tron (TRX) platform also supports smart contracts, various kinds of blockchain systems, and decentralized applications (dApps).
Its native cryptocurrency, TRX, plays an integral role in its ecosystem by incentivizing the network and facilitating all crypto operations, such as rewards, user interaction, network governance and payment fees. TRX is a highly sought-after cryptocurrency within the industry, with stocks on prominent crypto platforms, such as Binance and Coinbase.
Dogeliens Token (DOGET) The New Meme Coin
Dogeliens Token (DOGET) is an upcoming meme currency within the cryptocurrency industry that possesses Decentralized Finance (De-Fi) features that make it ideal for all forms of De-Fi operations, such as staking and earning. The token has recently become the subject of excitement and anticipation within the cryptocurrency industry and could be a valuable asset in the current climate. Features such as a massive supply and transaction fees make it ideal for all sorts of crypto operations within the industry.
Dogeliens Token (DOGET) is gradually approaching its presale and could quickly sell out due to the amount of attention it has received from crypto regulars within the industry.
Dogeliens (DOGET)
Presale: https://buy.dogeliens.io/
Website: https://dogeliens.io/
Telegram: https://t.me/DogeliensOfficial
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Source: https://www.thecoinrepublic.com/2022/11/03/binance-coin-tron-and-dogeliens-token-three-cryptocurrencies-that-could-yield-massive-returns-in-the-ongoing-bear-market/