The crypto market is in a state of low investor confidence due to the bear market cycle. This period is also referred to as a crypto crash, as it is characterized by a sharp drop in the value of crypto tokens. Additionally, crypto projects with a weak user base or flawed fundamentals typically do not recover from this market cycle.
Therefore, it is important for investors to take advantage of the crypto crash to reevaluate their portfolios. They are advised to remove underperforming projects and rebalance their portfolio for the next favorable market cycle. This will enable them to reallocate capital to projects that will perform better in the next crypto market cycle. Investors should look for projects that outperform the crypto crash.
Investors should scout crypto projects that have use cases with a decent user community. Additionally, they should have solid tokenomics that will determine how their token will perform in the markets. Three cryptocurrency tokens set to outperform the crypto crash are Avalanche (AVAX), Polygon (MATIC), and Big Eyes (BIG). Read more about these three projects below.
Avalanche (AVAX) is a blockchain designed to help developers deploy smart contracts. It is a low-cost, green, and fast blockchain that launched in 2020 at the height of the pandemic. Avalanche is the fastest smart contract blockchain in terms of time to close. It is also the best platform for deploying smart contracts and dApps. Projects based on Avalanche have a speed advantage over other projects as they will always outperform the competition. The Avalanche mainnet currently has more than 450 crypto projects and a ton of developers on its blockchain.
AVAX is the utility token of the Avalanche network. It allows users to perform various functions within the ecosystem. AVAX token holders can perform various functions including staking, securing the network, paying fees, and connecting multiple subnets within the blockchain. The supply of Avalanche tokens is limited and the supply is tightly controlled. This creates a deflationary mechanism that helps regulate the token price. Avalanche is an ecosystem where developers can create fast, inexpensive, and seamless smart contract projects.
Polygon (MATIC) is a Layer 2 scaling solution for the Ethereum (ETH) blockchain. The project allows developers to easily create projects on the Ethereum blockchain. These projects are cheap and have good documentation that allows them to create various projects. Polygon is well structured for scaling and infrastructure development on Ethereum. The Polygon SDK is a modular and flexible framework for developers to create and develop projects. The SDK also allows the creation of zero-knowledge (ZK) chains and optimistic rollup chains. Finally, Polygon is transforming and expanding the capacity of the Ethereum blockchain, turning it into a multi-chain ecosystem.
MATIC is the utility token of the Polygon network and serves various roles. Token holders can participate in governance through their DAO or transact with the token by purchasing goods on the network. The Polygon sidechain allows developers to extend the capabilities of the Ethereum blockchain, using its network as an extension of the blockchain.
Big eyes (BIG)
Project Big Eyes (BIG) is a community token that aims to build a blockchain ecosystem that allows users to easily access DEFI. This ecosystem will inject liquidity into the DEFI ecosystem and lower the barriers to entry. The project draws its aesthetic inspiration from Japanese culture, which influences the visual perspective of the project. Big Eyes is a game changer in the DEFI space and requires a unique approach that allows its users to get more out of DEFI.
BIG is the heart of this project and will allow users to access the log. In addition, users could earn bonuses if they buy BIG in ongoing presale. Start earning bonuses today by inviting your friends and buying Big Eyes tokens today. Remember that you can stack token bonuses.
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