Financial analysts dictate that most self-made crypto millionaires are made during bear markets. Although difficult to fathom, various crypto investors react differently during bear markets. The elite buy in on solid projects that can exponentially grow in the long run, reaping massive benefits for investors in capital gains and staking rewards. In addition, healthy crypto projects launched during bear markets can grow, especially when the tasks have liquidity.
Solana is one of the most significant blockchain infrastructures in the entire industry. Second to Ethereum, Solana is an intelligent contracting platform offering developers a medium to build decentralized applications (DApps). Solana's native cryptocurrency is known as SOL. Solana did an ICO on its native digital asset SOL. The ICO occurred in Coinlist, one of the most extensive token distribution and crypto trading platforms. The ICO involved a presale and 8 million SOL tokens presented to crypto fans at an average price of $0.22.
Since then, the SOL price has risen significantly, reaching highs of $258 per token. However, SOL's price has tanked to lows of $13 since the FTX debacle surfaced online. SOL has fallen more than 60% since FTX and Alameda Research were the main contributors to the Solana ecosystem. Despite the tank, Solana still has the potential to grow.
Just like Ethereum and Solana, Fantom is another smart contracting platform. The platform was developed to solve significant issues affecting the widespread use of blockchain networks like Ethereum. Fantom has an improved network feature that allows scalability and reduced block validation time, features that undermine the Bitcoin network. The project's native cryptocurrency is FTM which launched as an ICO presale that ended on 16th June 2018.
Since then, FTM tokens have appreciated significantly in value allowing the project to rank among the top dogs in the space.
Solana and Fantom are giant pioneers of decentralization whose projects launched as ICO presales before their success. Like these projects, Oryen is currently on presale seeking investments to develop its ecosystem. In addition to scaling staking solutions for investors, Oryen promises to offer DEX services better than PancakeSwap and Uniswap, two of the largest decentralized exchanges in the entire crypto ecosystem.
Oryen staking solutions give investors insane rewards of 90% APR, returns that are currently unheard of in the DeFi space. Join the presale today and start building wealth.
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.