Cryptocurrency is known for its high volatility and the risk attached to assets. However, the ultimate nugget for most investors and traders is to often go for low-risk investment, which usually involves assessing the circumstances around the crypto asset. High risk comes with high rewards, but if you can conveniently stay patient with low-risk plays, you'll find your rhythm. High-risk plays are too dangerous because you burn down your bankroll or capital faster, which is not how you want to navigate the crypto market. You must protect your liquidity, and you give yourself multiple chances to try again and find the right trades or investments. Here are four low-risk cryptocurrencies to buy in the market right now: Apecoin (APE), Polygon (MATIC), Ethereum (ETH), and last but not least, Big Eyes Coin (BIG).
Note that cryptocurrencies are still quite volatile, but this list was made in relative comparison to the larger market.
Ethereum (ETH) is the second largest asset in the cryptocurrency market, and with huge market capitalization comes less volatility. Going by this logic, Bitcoin is the least volatile asset in the market, closely followed by Ethereum. Ethereum is also the most valuable network in the landscape owing to the massive value built on top of the chain. The network is a huge contributor to the growth of the landscape, so it's one of the low-risk ways to invest in the crypto market. Ethereum has undergone several upgrades in the past few days to ensure that it becomes fully scalable. The upcoming Shanghai launch will enable the ETH tokens staked by validators to become withdrawable, with other intricacies.
Polygon (MATIC) is a layer-2 Ethereum solution or side chain, as some prefer to call it. The network was created to improve, connect, and grow Ethereum and other Ethereum-compatible networks. Polygon is a highly-efficient network with impressive scalability; the network processes several transactions at a very low cost. This network has proven helpful in reducing DeFi and NFT landscape costs. NFT transactions on Polygon cost zero gas. Polygon has been impressive in the past weeks and has secured partnerships with top web2 corporations like Reddit, Starbucks, Meta, etc. What makes it relatively low-risk is its prospect for the future of blockchain and its contribution to blockchain adoption so far.
Apecoin (APE) is a gaming token created by Yuga Labs and is purported to power a game announced to launch in a few months. Yuga Labs is a mother brand to some of the most valuable NFT collections in the market. This value translates to their influence on the market, which contributed to the success of Apecoin when it launched. Apecoin launched as an airdrop to core community members and had an impressive start in 2022. Moreso, what makes this particular crypto asset relatively low-risk is the mid-term prospects it has to help holders make money.
Big Eyes Coin (BIG) is a new meme coin project launching on the Ethereum blockchain and has enormous prospects of being one the largest meme coin projects. The cat-themed meme coin is on presale and offers an opportunity for early investors to get some tokens at a below-market price. The meme coin project aims to help its investors create wealth with innovative DeFi features, NFTs, gaming, and the metaverse. The project will be looking to push community events, campaigns, contests, etc., in a bid to grow the community and promote a culture that would help the project become bigger. Big Eyes (BIG) presale has already raised over $27 million and could potentially be big enough to help investors make a profit. Join the Big Eyes Coin (BIG) presale here now. And when doing so, make sure to use code LAUNCHBIGEYES200 to get a 200% bonus on any BIG purchase!
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.