In the eyes of industry insiders, the previous few months have been pivotal in the development of the cryptocurrency industry. Investors are taking advantage of the current bear market by making purchases of profitable ventures at a discount. In an effort to profit from the recent cryptocurrency market decline, investors are putting their money into long-term investments.
Both inexperienced and seasoned investors need to take advantage of the current price of these three cryptocurrency projects: Avalanche (AVAX), Big Eyes Coin (BIG), and Elrond (EGLD). This article will outline why these coins are excellent long-term investments in the cryptocurrency market.
A new name in NFT exchange: Avalanche (AVAX)
Avalanche (AVAX) is an advanced, flexible, and secure blockchain platform for creating and releasing distributed, highly scalable applications and smart digital assets. The system uses consensus algorithms to facilitate high transaction rates across hundreds of millions of devices per second.
The AVAX token serves as both a security and a medium of exchange. A more significant number of outstanding bonuses are awarded to users who wager more frequently. Avalanche (AVAX) has a built-in method for protecting user privacy.
The native currency, AVAX, is used for all transactions in the ecosystem and user rewards and voting in system decisions. The Avalanche network is rapidly expanding into new use cases and has emerged as a leading NFTs supplier.
The aim of developing Avalanche was to compete speedily with Ethereum and other blockchain platforms. The Avalanche (AVAX) tokens allow users to store, stake and exchange their currency. The token holders also have the power to vote on governance matters.
Flying close to the sun: Elrond (EGLD)
Elrond is a blockchain-based platform that employs Web3 solutions to facilitate installing specialized applications (dApps) and use cases. The platform is both dependable and effective. The EGLD native coin is included in the platform and can be used for staking and other transactional duties on the Elrond network. It is speculated that sharding is used by Elrond’s smart contract technology to enable lightning-fast transactions. According to Elrond, its smart contract technology can handle 15,000 transactions per second at $0.001, with a latency of 6 seconds.
Like Ethereum, Elrond is an ambitious blockchain platform with the potential to usher in a new era of decentralized applications and economies on the internet. With more than 2,000 nodes in its network, Elrond can facilitate instant, secure, and scalable financial transactions.
Crypto made loveable: Big Eyes Coin (BIG)
The Big Eyes Coin (BIG) project, a DeFi meme token, aims to build an ecosystem that will elevate DeFi’s profile in the cryptocurrency industry. In order to attract more users to the blockchain and its ecosystem, Big Eyes was created as a fully functional community meme token.
The Big Eyes token is one of the few meme tokens actively handled by its community. This is evidenced by the fact that ninety percent of all Big Eyes tokens are made available for purchase as soon as the app is made available to the public. Despite being relatively new to the meme token market, Big Eyes (BIG) possesses all the necessary ingredients to cause major shakeups.
The pre-sale of Big Eyes tokens has begun, and there are still 9.65 billion BIG tokens available from the total supply.
Big Eyes Coin is demonstrating its appreciation for its users by giving away 250,000 tokens at no cost. The platform will randomly select ten lucky users, with the first receiving an incredible 100,000 BIG tokens. In 95 days, nine additional lucky individuals will be selected to receive the remaining tokens.
Get your presale BIG tokens here as soon as possible.
Big Eyes Coin (BIG)
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.