In The Post Terra (LUNA) Market, can Parody Coin (PARO) and Stellar (XLM) Avoid the Same Fate?

After the collapse of Terra (LUNA) earlier this year, many believed that this would be the last major crash in the crypto market in 2022.

How wrong we were.

In recent days, the crypto economy has been in decline, with multiple tokens dipping drastically low. With Ethereum (ETH) and Bitcoin (BTC) both being down by over 25% in the past week, the effects of this crash are impossible to ignore.

Despite this, however, hope should not be lost when looking for investments in the post-Terra (LUNA) crypto market. Two tokens, Parody Coin (PARO) and Stellar (XLM), are all taking unique approaches in the crypto market, giving them a high probability of surviving the crash and coming out on top.

So, for those looking to buy the dip and HODL until the market makes a comeback, be sure to check out these tokens.

Parody Coin (PARO) Can Turn Deflation Into Elation

When a market is in decline, tokens will turn to a variety of strategies to try and return their value to what it once was. One way this can be done is through burning- the process of purposefully losing tokens to raise the value of the rest of the tokens currently in circulation.

This is also a strategy used routinely by deflationary tokens, whose financial strategy centres around HODLing tokens for the opportunity to make big gains in the future. It is a strategy that rewards early investors, and those willing to sit on the tokens for a long period, with a high volume of burning during low periods giving token holders profitable opportunities.

One deflationary token still in its presale phase is Parody Coin (PARO); a token built around its parody-based NFT marketplace which intends to give the benefits of NFT ownership to the average crypto user.

The platform is shaping up to be greatly successful when it hits the general market, with Parody Coin's (PARO) unique mission that takes the Internet's love of memes and parodies and turns it into something new.

This premise, combined with their deflationary token model, means Parody Coin (PARO) is set for success, being unlikely to crash as harshly or dramatically as was seen by Terra (LUNA).

It is an exciting possibility for presale investors to be in with a chance of making it big, whilst also getting to be a part of a new movement in NFT ownership in the world of crypto.

Do not overlook the potential of Parody Coin (PARO).

Stellar (XLM) Shines A Light In the Bear Market Darkness

Despite having been hit by this week's crash, Stellar (XLM) still has a bright future ahead, due to the massive utility it provides in allowing international transactions between both fiat currencies and cryptocurrencies.

No matter the state of either market, people will always want to exchange and transfer funds. From sending money internationally to family or swapping tokens, certain functions will always be in demand, meaning that platforms which provide these have a higher likelihood of surviving the bear market.

Stellar's (XLM) innovative platform that bridges the gap between digital and physical currencies makes it especially popular with a global audience, as crypto becomes more and more ingrained in societies outside of North America and Europe.

Take the adoption of Bitcoin as an official currency in the Central African Republic, or the claims of Axie Infinity (AXS) helping individuals in the Philippines rise above the poverty line. Cryptocurrency is international, and thus needs international platforms for the exchange of a plethora of currencies.

Stellar (XLM), in this way, is giving its users complete financial freedom, combining the decentralisation of crypto, the interconnectedness of the Internet, and the necessity of fiat currency into a single platform. It is a highly useful and highly used tool, meaning that even if the crypto market dips, Stellar (XLM) will continue to shine.

So, why not give Stellar (XLM) a try?

Find out more about Parody Coin (PARO) at:

Presale: https://presale.parodycoin.io/register

Website: https://parodycoin.io/

Telegram: https://t.me/PARODYCOIN_OFFICIAL