To say that the past couple of months has been tough on crypto members is a massive understatement. Many investors have been vocal about the state of affairs in the crypto community, and with reason. The ongoing bear market has affected so many trading and investment businesses that several people are wondering if this is the end for the crypto market. The financial market has been dealing with the severe effects of a bear market, and the cold wind has spread to the crypto market as well.
This crash has put a major strain on the lucrative crypto businesses. This unfortunate turn has pushed many out of their safety nets and forced them to think of alternatives to make profits in the spiraling crypto market. With the safety of their coins on their minds, crypto investors are now making use of imaginative tactics to protect their assets. A couple of coins that would make excellent long-term crypto options are Algorand (ALGO) and Big Eyes Coin (BIG).
Algorand (ALGO) with the incredible offer
Algorand (ALGO) is a great crypto asset that offers incredible value to its users. The use cases of the crypto asset are so versatile that other non-crypto companies are interested in working together with the platform. In May 2022, the blockchain platform announced that it would be working together with FIFA on a sponsorship and technical deal. This is obviously good news, as it reinforces the idea that cryptocurrency is the future. The FIFA announcement revealed that the two parties would begin working together at the start of May in accordance with their sponsorship and technical partnership agreement. The crypto asset has become the first official blockchain platform that is working with FIFA. Algorand is set to provide official wallet solutions that are supported by the blockchain. The terms of the deal also revealed that ALGO is a FIFA World Cup regional sponsor in North America. The obvious good news is pleasing to everyone, from the founder of Algorand, Silvio Micali, to the users of the platform.
The collaboration reveals that Algorand (ALGO) and other crypto assets can also change the way world games are enjoyed. As FIFA is the most popular and prestigious sporting institution, this partnership is a great way to change the world. Algorand (ALGO) is a permissionless distributed ledger. It is designed to take care of the rampant technological limitations within the blockchain. The crypto asset makes use of a proof-of-stake system that is based on a Byzantine agreement. The system is chosen to solve the trilemma rampant within the blockchain system. Algorand (ALGO) was created in response to the slow transaction speeds that are common to Bitcoin (BTC) and other blockchains. Apart from resolving the slow speeds, Algorand (ALGO) also offers a reduced transaction fee and has nothing to do with mining. It is not the mining policy that makes the crypto asset more energy efficient, especially when compared to other crypto assets that make use of mining processes.
Big Eyes Coin (BIG) winning all the hearts
Built off the Ethereum (ETH) network, Big Eyes (BIG) is a new meme coin that has won the hearts of thousands of investors and traders within the crypto industry. The platform is fitted with numerous features and benefits that make it a profitable option for several crypto users. The platform does not charge transaction fees, has a huge supply, and is the perfect coin for the current crypto climate. Although the coin has not been officially released, it has already amassed over 30 million dollars during its presale stages. Every single prediction comes out in favor of the crypto asset. With such constant good news surrounding the platform, Big Eyes (BIG) is a cryptocurrency that no investor should miss out on.
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