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The crypto markets are volatile, and it is quite risky for investors to put money into the markets. In these uncertain times, it is important for investors to watch their steps as the bear market is not the best time for uncalculated investment practices. To stay safe, investors must conduct thorough research before buying any tokens they feel are undervalued. These tokens should be adequately vetted to ensure that there is a high chance of their price increase, as no outcome is certain. Furthermore, investors should use this opportunity to rid their portfolios of cryptocurrency projects that have underperformed in the market. This way, they are set for the coming positive market cycle. Finally, it is important for investors to have a clear investment strategy during a bear market.
ApeCoin (APE), Shiba Inu (SHIB), and Big Eyes Coin (BIG) are Three crypto projects investors should be watching. These three projects have all the qualities to impact the portfolios of investors that purchase them positively. With proper research, you will be able to see why these projects should be considered for your portfolio. Read more on these projects below.
ApeCoin (APE) is the utility token of the APE ecosystem. The APE ecosystem comprises NFT assets owned by Yuga Labs. The token will facilitate the minting of new Yuga Labs projects and would also facilitate other transactions within the ecosystem. Furthermore, it will enable governance and allow token holders to shape the project's future. The APE token is an ERC-20 token which makes it compatible with the Ethereum (ETH) blockchain. Yuga Labs sent an initial airdrop to NFT holders to bring the ecosystem.
The ApeCoin DAO is in charge of making decisions affecting the APE ecosystem. Token holders are eligible to vote on how the ecosystem should be run. In addition, the APE Foundation is responsible for executing proposals that APE token holders have accepted. The APE ecosystem continuously expands as Yuga Labs purchases the Crypto punks collection. Yuga Labs also owns the MAYC (Mutant Ape Yacht Club) and Otherside collections.
Shiba Inu (SHIB) is a meme coin that was launched in 2020. The dog-themed project was developed following the success of the DOGE project. It uses a similar identity to the project but remains unique in its dispensation. Shiba Inu is a community token that aims to bring more users into the crypto ecosystem through its simple project. The project was created by a crypto developer using the pseudonym: "Ryoshi." Shiba Inu has also received huge credit from its branding and mascot, a cute dog of the same name. In addition, SHIB has inspired several copycats due to its success.
SHIB is currently listed on various exchanges, including Coinbase, Binance, and KuKoin. If you wish to become a member of this ecosystem, you can purchase the token from any of the exchanges that list the token. In its "Woof Paper", Shiba Inu creators stated that the project was created because of their love for the Shiba Inu dog.
The Big Eyes (BIG) project is designed to create a reliable ecosystem for the DEFI landscape. It will funnel liquidity into DEFI and create a simple route for users to access DEFI services. Decentralized finance has been on the steady rise, which has necessitated the creation of this project. Furthermore, Big Eyes will contribute to security and bring more stability to the DEFI ecosystem. Using its protocol, Big Eyes would make it easy for users to become more acquainted with the DEFI ecosystem.
BIG is the utility token of the project and will facilitate transactions on the protocol. Additionally, users can purchase Big Eyes NFTs using the token. Become a pioneer ecosystem member by purchasing BIG tokens in the ongoing presale. You get bonuses for each token you purchase and for referring friends to make a purchase. Don't miss out on this opportunity to join the BIG community.
FIND OUT MORE:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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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.
