Diversify your portfolio in the ongoing bear market with these three altcoins – Avalanche, Cosmos, and Dogeliens Token
The most important thing in any bear market is ensuring that your business doesn’t go under. To achieve this, you would need to put the necessary things in place to ensure the safety and continuity of yourself and your business. The extremely volatile nature of the bear market makes it such that measures like this are necessary to avoid accumulating unprecedented losses. In what has become the longest bear market in crypto history, more and more investors are seeking feasible solutions to ensure maximum profits in the current climate. A popular one is long-term crypto investing.
The chances of long-term investment success depend on the cryptocurrency utilized, meaning that crypto investors would be better off making these investments in highly promising cryptocurrencies with massive growth potential. This piece focuses on three cryptos that fit this bill to the latter and are head and shoulders above the competition. Here’s all you need to know about Avalanche (AVAX), Cosmos (ATOM), and Dogeliens Token (DOGET) .
Avalanche (AVAX): The Layer One Blockchain
Avalanche is a notable layer 1 blockchain within the crypto realm that functions as a platform for decentralized applications and custom blockchain networks. Avalanche (AVAX) belongs to a select group of blockchain networks with the capacity to rival Ethereum (ETH) and boasts impressive features, such as possessing a higher transaction output of up to 6,500 TPS while not compromising scalability. It is one of the few blockchain networks solving the interoperability problem as well as other issues that have been plaguing older systems, like efficiency.
AVAX plays an integral role in its ecosystem by incentivizing the network and facilitating crypto operations, like network governance, user interaction, and payment fees. AVAX is available on several top crypto platforms within the industry.
Cosmos (ATOM), The Notable Blockchain-Based Platform
Cosmos is a notable blockchain-based platform within the crypto industry that provides feasible solutions to some of the hardest problems that older systems have battled with, such as energy efficiency, fragmentation, and scalability. Cosmos (ATOM) also seeks to make blockchain technology less complex and difficult through a framework that demystifies decentralized apps (dApps).
ATOM plays an integral role in its ecosystem by facilitating crypto operations, such as user interaction and network governance, and incentivizing the network. ATOM is a highly sought-after cryptocurrency within the industry, with stock on prominent crypto platforms.
Dogeliens Token (DOGET) The New Meme Coin
Dogeliens Token is an upcoming meme currency that has recently become the subject of interest within the industry. This is due to the token’s many attractive features and uses cases. Dogeliens Token (DOGET) possesses a massive supply and low transaction costs, making it ideal for day-to-day activities within the industry. It also possesses DeFi properties and facilitates several DeFi operations, such as staking and earning.
Dogeliens Token is gradually approaching its presale and could be a valuable asset in the current climate.