The crypto market has been full of surprises since its early years. However, one thing has remained consistent: its consistent growth index. Despite the massive pumps and dips, crypto has been able to consistently beat inflation and provide more ROI than an average investment.
For instance, if you bought $22 worth of Bitcoin as of 2012, you would have about $1 million today. As shocking as the statistics may sound, many altcoins like Big Eyes Coin, Ethereum, Dogecoin, etc., have also yielded great returns like Bitcoin during this spell. This is the power of cryptocurrencies.
The majority of those that fear the crypto market crisis are short-term traders or holders. Long-term traders may not need to fear much about the market, but rather, the underlying project behind the coin they are rooting for. As long as the project lives up to its hype, there is a huge chance of getting great returns from it.
Are you scared of a market dip? The following cryptocurrencies could offer you a way out.
Note: this is not financial advice, but a suggestion that requires you to carry out due diligence before engaging further or making any decision.
Shiba Inu, One Of The Leading And Controversial Meme Tokens
Shiba Inu entered the crypto world for one purpose, among many others: to overthrow its long-time rival, Dogecoin (DOGE). Although Dogecoin has remained dominant in terms of market capitalization, many analysts predict that Shiba Inu (SHIB) could, one day, overtake it.
If you follow the news, you must’ve observed countless times, Shiba Inu maintains deflationary token burning and inflation maintenance protocols to keep its prices soaring. Statistically, Shiba Inu is one of the leading cryptocurrencies to perform the highest token burns in crypto history—burning more than 64 billion SHIB tokens, according to many crypto reports.
Elon Musk, an ardent Doge supporter, recently showed interest in its rival meme coin after launching his Burnt Hair fragrance. Fans and customers can purchase Musk’s fragrance using different payment methods including SHIB and Doge, Elon said.
This could be a great deal for the ShibArmy, who have been devising many means to attract one of the well-known crypto influencers, Elon Musk.
Ethereum, Life After The Merge
The Ethereum Merge was one of the most outstanding events of 2022. The 2022 crypto market year came along with many controversies, nevertheless, many new protocols and innovations sprang forth. The Ethereum Merge happens to be one of those innovations of 2022.
Surprisingly, after The Merge, Ethereum has not lived up to the market hype as many investors thought it would. Its price has, along with Bitcoin and many other altcoins, dipped aggressively.
Ethereum’s dip in the fourth quarter of 2022 could lead to higher price breakthroughs before the year wraps up. We expect further price appreciation by Q1 2023 if this breakthrough happens. In essence, Ethereum is one of the top crypto assets you should keep a close eye on.
Big Eyes Coin, A Fast-Growing Community-Driven Meme Coin
If you are a fan of meme tokens, just like Elon Musk and Snopp Dogg, then Big Eyes Coin is a meme coin, you should give a second look at. Big Eyes Coin is a community-driven meme token powering the Big Eyes ecosystem—its products and services.
It will also power NFTs, e-commerce merch, and other innovations yet to be announced. Also, Big Eyes Coin will be used for charitable causes around the world, as a way of giving back to the community. This will be supported by Big Eye’s community online and offline.
Big Eyes will occasionally host incentivized events such as the “$250k challenge and more” to reward active members for their loyalty. To participate in these events, simply buy and hold the Big Eyes Coin (BIG).
And now is the best time to preorder Big Eyes Coin as you can use the code BEYES568 for a bonus on all coins.
Learn more about Big Eyes Coin
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Source: https://www.thecoinrepublic.com/2022/10/17/fear-a-market-dip-big-eyes-coin-shiba-inu-and-ethereum-could-change-your-mind/