Diversify Your Crypto Portfolio In The Ongoing Bear Market With These Three Altcoins

A few weeks into the start of a new year, the cryptocurrency industry is still awash with excitement and anticipation of the new year and what it holds in store. Many members of the cryptocurrency industry appear to be unfazed by the current climate and, instead, look excited by what the future could hold. This is not a luxury many crypto investors can afford. As such, they must live in the present and figure out a way to generate profits in the ongoing bear market. Luckily, this piece highlights some strategies that could be useful and some cryptocurrencies that could make fantastic crypto investments in the current climate. See more below.

Polkadot (DOT) is a popular open-source, sharded multichain crypto protocol within the cryptocurrency industry notable for several impressive features, particularly for providing an ideal environment that can connect and secures a network of specialized blockchain networks. The Polkadot (DOT) protocol can also facilitate the cross-chain transfer of any data or asset types, not just tokens, and is one of the few blockchain platforms within the industry that solves the interoperability problem. Through its design, Polkadot (DOT) is able to enable the connection of public and private chains, permissionless networks, oracles, and future technologies, allowing these systems to share information and transactions.

Its native cryptocurrency, DOT, is an integral part of its ecosystem. DOT incentivizes the Polkadot network and facilitates several crypto operations within its ecosystem, such as network governance, user interaction, and payment fees. DOT stock is available on top crypto platforms, such as Binance, Huobi Global, Coinbase, OKEx, and Kucoin.

Elrond (EGLD) is a notable blockchain-based platform within the cryptocurrency industry that is notable for providing an ideal environment designed to achieve immense scalability and significant transaction throughput. The Elrond (EGLD) platform utilizes fast, robust tech to meet the needs of a large user base and employs an adaptive state-sharding system, which enables transactions to be handled rapidly by multiple validators.

Its native cryptocurrency, EGLD, is an integral part of its ecosystem. The token incentivizes its network and facilitates network governance, user interaction, and payment fees, among other crypto operations within its ecosystem. EGLD stock is listed on top crypto platforms, such as Binance and Coinbase.