The emergence of the ongoing bear market has increased the difficulty of crypto-related activities such as trading and investing. A bear market is a prolonged period of extreme volatility and negative prices that make otherwise profitable initiatives unattractive and risky. The cryptocurrency industry found itself navigating an unwelcome bear market. It is no news that the ongoing bear market is the longest in cryptocurrency history. One thing is certain, however, that whenever a bear market ends, it will surely have a lasting impact on the industry.
Due to the current higher level of risk associated with cryptocurrency activities, investors are advised to focus on long-term cryptocurrency investments rather than short-term ones. We need to make the most of it and make the right investments in altcoins that will give us big returns in the long run. In this article, we will discuss his three altcoins that investors can consider during the ongoing bear market. Here’s everything you need to know about Polkadot (DOT), Chainlink (LINK) and Supontis Token (PON).
Polkadot (DOT) – Industry Leading Crypto
DOT is Polkadot’s native cryptocurrency. It is an open-source shard-multiplexer that connects and secures a network of specialized blockchain networks, facilitating cross-chain transfers of any data or asset type, as well as tokens that enable blockchain interoperability. chain protocol. DOT serves several purposes in Polkadot, including enabling staking for operations and security, network governance, and connecting parachains. DOT is the top 20 cryptocurrency by market cap, with a live market cap of $6,703,677,330 and a circulating supply of 987,579,315 DOT coins.
Polkadot (DOT) serves as an ideal environment to support a user-controlled decentralized web and simplify the creation of new applications, institutions, and services. It is notable as a layer 0 meta-protocol because it describes the underlying format of a network of layer 1 blockchains known as parachains. Polkadot (DOT) can also connect public and private chains, permissionless networks, oracles, and future technologies, allowing these independent blockchains to share information and transactions.
DOT, the industry leading altcoin, is available on multiple crypto platforms including Binance, Huobi Global, OKEx, Coinbase and KuCoin.
Chainlink (LINK) Continues Universal Growth
Chainlink (LINK) is a blockchain abstraction layer that powers universally connected smart contracts. This will be achieved through a distributed oracle network that allows blockchain networks to securely interact with external data feeds, events, and payment methods, and complex smart contracts will become the dominant form of digital contracts. provide important off-chain information. As one of the first networks that can integrate off-chain data into smart contracts, Chainlink (LINK) has become one of the major players in the data processing field.
LINK, its native cryptocurrency, is integral to its operations and ecosystem. LINK is available on several cryptocurrency platforms including Huobi Global, Coinbase Pro, Gate.io and Kraken.
The latest and greatest crypto – Supontis Token (PON)
Supontis Token (PON) is integral to the operations of Supontis, a Binance Smart Chain (BSC) based cryptocurrency platform. This token facilitates crypto-related activities such as staking and membership of the Supontis DAO. Supontis Token (PON) holders automatically have a say in the platform and its future.
Spontis exists as an ideal environment for cross-chain transfers of digital assets across multiple blockchain networks such as Ethereum (ETH), Binance Smart Chain (BSC), Tron (TRX) and Phantom (FTM). . The platform works to enable interoperability between blockchain networks, a necessary feature for the development and advancement of the industry.
The Supontis Token (PON) will go on pre-sale in the coming weeks. Investors can get exciting bonuses such as 10% extra token he bonus when buying tokens for $500. Learn more about Spontis here.