Over the last seven months, the cryptocurrency market has experienced high levels of volatility. This most recent series of price crashes have seen a drop of more than 60% for some major coins.
How to Make Money When the Market is Down
Although digital finance has become a favourite for many and investors have started to place their trust in crypto trading, the value of digital tokens has been known to be extremely volatile.
This means that sudden price value drops are not new to crypto and that market crashes are quite frequent. For instance, the largest market-leading cryptocurrencies(i.e. Bitcoinand Ethereum) have been registering impressively low prices over the last few months.
However, many cryptocurrency investors are saying that this might be the best time to invest as you can acquire tokens for cheaper than usual. However, if you would like an option with less risk, presales can be just as profitable.
Tron (TRX) Might Rescue Your Wallet
Launched in 2018, the Tron (TRX) token is a project launched by the Tron foundation. It is a public and decentralised blockchain. It acts as the core of the Tron ecosystem and can be compared to the likes of Solana.
Tron is known for its innovative DeFi projects that align with the platform’s long-term goal to contribute to and quicken the decentralisation of both the internet and digital currency. As such, you can also create dApps within the Tron network.
TRron was developed in an attempt to provide full ownership rights to those who make digital content and is increasingly becoming a widely adopted blockchain.
TRX is the governance token of Tron and is its primary investment option. Regarding the recent market crash, the price value of TRXsaw a freefall. The token has gone down by 23.7% in a week, but has held up fairly well against the rest of the market, all things considered.
RoboApe (RBA) – Soon in Your Cryptosphere
Currently in presale, RoboApe will soon enter the cryptosphere. The project is a decentralised community-driven network without any leadership allocations at launch.
RoboApe is supported with built-in DeFi and DAO features that allow the project and investors to accomplish previously unattainable goals.
The platform’s native token is RBA. This cryptocurrency is both a meme coin and an ERC20 token on the Ethereum network.
The RBA token allows investors a variety of benefits. Investors will be rewarded for holding the token, and taking part in minting as well as trading of NFTs.
RoboApe‘sNFT Marketplace is a place for users to buy, sell, or trade NFTs. It stands out from its competitors due to the meme nature of the token as it allows investors to mint images and GIF memes in the form of RoboApe trading cards.
Now that the crypto trading market is down, this might be your best opportunity to invest as the price values have dropped considerably. Although your best opportunity to buy the dip might be Tron (TRX), you could also consider investing in presales with RoboApe (RBA).
More information on RoboApe (RBA):
Source: https://www.thecoinrepublic.com/2022/06/19/can-tron-trx-and-roboape-rba-make-profit-during-crypto-price-crashes/