The festive period can be an extremely bullish period, as shown in past years, and for this reason, many crypto investors should be making smart investments in promising cryptos during this period. In the last few years, the industry has recorded several brief spells of bullish activity within the crypto market, and this year could be no different. As such, now is the best time for crypto investors to invest in highly promising cryptocurrencies with massive growth potential. We highlight a few below.
Long-term cryptocurrency investing is a prominent crypto strategy that has worked well in the past and could be ideal in the current climate. Long-term cryptocurrency investing is the best bet in the ongoing bear market if you are trying to protect your portfolio and generate some profit. This piece highlights three highly promising cryptocurrencies that could be fantastic crypto investments in the ongoing bear market. Heres all you need to know about Hedera (HBAR), Elrond (EGLD) and Dogeliens Token (DOGET).
The First Name In Crypto Sustainability Hedera (HBAR)
Hedera (HBAR) is a notable sustainable, enterprise-grade public network for the decentralized economy within the cryptocurrency industry. It is notable for many things, such as providing an ideal environment that allows individuals and businesses to create powerful decentralized applications (dApps) and is designed to allow operation at a fairer, more efficient level. An industry-leading crypto platform, Hedera (HBAR) eliminates some of the limitations of older blockchain-based platforms, such as slow performance, slow speeds, high transaction costs and instability. Unlike older blockchain systems that use a consensus mechanism like proof-of-work (PoW) to validate transactions, Hedera (HBAR) employs the use of a Proof of Stake (PoS) model that increases the efficiency of transaction verification in the network, provides a high level of security, and protects the network from hacker attacks.
Its native cryptocurrency, HBAR, powers, supports and incentivizes its ecosystem. HBAR stock is listed on several prominent crypto platforms within the industry, such as Binance, Coinbase and Huobi.
Elrond (EGLD) Rises Up
Elrond (EGLD) is a popular blockchain-based platform within the cryptocurrency industry that not only provides breakneck transaction speeds through a new technology known as sharding but also provides an ideal environment regarded as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things (IoT). Its speed and performance are remarkable, and its smart contract execution platform is capable of up to 15,000 transactions per second (tps), with six-second latency and a $0.001 transaction cost.
Its native cryptocurrency, EGLD, is the fuel that powers and supports its ecosystem. EGLD stock is listed in bulk on top crypto platforms, such as Binance, Coinbase and Huobi.
Dogeliens Token (DOGET) Explodes On To The Scene
Dogeliens Token (DOGET) is an upcoming meme coin within the cryptocurrency industry that could become the next big meme currency, at least according to several crypto analysts. Native to the Dogeliens crypto project, the token possesses several impressive features, such as a massive supply and an exciting roadmap. It could be a valuable asset in the current climate and, as such, is attracting a lot of interest among members of the cryptocurrency industry.
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