The bear market 2022 seems to have run its course as many cryptocurrencies have started recovering. Seasoned crypto traders and holders know that this is a good time to start picking up potential tokens like Decentraland (MANA), Big Eyes Coin (BIG), and Ripple (XRlP) tokens.
If crypto expert predictions are anything to heed, the bull market is coming, and it’s best to have your bags ready. It’s okay if you don’t know which tokens to buy, as this article will discuss some of the few tokens you should have in your portfolio this year. Let’s get into them.
Decentraland (MANA)
Decentraland (MANA) is a metaverse platform powered by its MANA token. It is a virtual reality ecosystem based on the Ethereum blockchain, where users can purchase LAND and develop it as they please.
Users of Decentraland are rewarded for running a virtual reality that the entire community uses. You can build on your LAND or sell it to other buyers.
While MANA is the system’s native currency and can be used by community members to purchase LAND on the market, LAND is an NFT representing ownership over a specific area of the Decentraland virtual world.
Users who are able to explore and interact with other users and make the most of features can enjoy a distinctive experience with the Decentraland software. The platform offers in-world payments, games, concerts, merchandise, and other virtual content.
The project became popular with the Metaverse and NFT hype; however, its MANA token had performed well prior to the bear market. As users continue to explore other use cases for the Metaverse, the token is likely to soar again.
Big Eyes (BIG)
Big Eyes (BIG) is a developing meme token that is set to launch with a host of features and, potentially, a bang. It is based on a cute cat meme, hence separating itself from the several dog-themed tokens in the market and those basing their utility on hype alone.
The project will allow users to take advantage of its decentralized ecosystem to create wealth. It will also commit significantly to charity.
Big Eyes will be community-driven, transaction-free, and maintain a dynamic tax structure. It also intends to have 90% of its 200,000,000,000 BIG tokens available at launch. Additionally, users will be able to access NFT-based initiatives and join the project’s community to participate in its series of events.
The token’s presale is live already, and individuals can now buy in for a potential chance to earn massively at the token launch.
Ripple (XRP)
Ripple (XRP) is a payment settlement system and currency exchange network that can process transactions around the world. Since the network can rapidly verify that a transaction took place, it essentially acts as a trusted intermediary between two parties in a trade.
The network supports exchanges for a range of fiat currencies, digital currencies, as well as physical goods like gold.
Moreso, confirmations of transactions happen quite quickly. They often take four to five seconds, as opposed to the days that banks could need to finish a wire transfer or the minutes or even hours that it might take for Bitcoin transactions to be validated.
It also charges extremely minimal fees, in addition to being a flexible exchange network. Large institutions use it for financial transactions.
Its XRP token is one of the few tokens recovering well in the industry. Also, it’s likely to perform better when its lawsuit with the SEC is over.
Cryptocurrencies are recovering, thereby creating a good opportunity for crypto traders and holders to buy up the dip. The obvious benefit is that you gain more when tokens return to their normal values.
However, with Big Eyes, you can also gain possible massive profit at the token launch if you join the presale.
Check out the platform website to get started, or click here to learn more about the token.
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Source: https://www.thecoinrepublic.com/2022/08/28/must-have-2022-tokens-decentraland-big-eyes-coin-and-xrp/