Recently the crypto market cap crashed to $1.10 trillion – such occurrences are more frequent than you might think and can benefit investors greatly. Here’s why.
What happens in a market crash?
Although the majority of investors who are actively involved in the crypto The trading market is aware of the volatile nature of digital currencies, beginning investors may find it a problem.
Market crashes are quite normal for cryptocurrency market and most investors make a lot of money as a result. This is because price drops allow you to buy crypto tokens at a cheaper price, and since the price value of coins is known to rise just as easily, investors can sell their tokens for more to generate income.
Although buying the dip can make you money, there is still a slight risk when it comes to price predictions. This is why presales are the safest way to invest in crypto, as once the tokens are priced in the marketthe price will always be higher.
Solana (SOL) – The “Ethereum Killer”
This cryptocurrency is not only known among investors as ‘Ethereum Killer’, but also Solarium it has been growing as a rival to the market leading coins since it entered the market in 2017.
Solana was developed to outperform other blockchains and the most impressive features of the network are the ones that have been attracting users.
As such, the platform bills itself as a high-speed, permissionless layer 1 project that can support smart contracts.
Nevertheless, Solarium It has also become an alternative platform to competitors for NFT and DeFi spaces, due to its faster and lower-cost transactions.
But Solana’s main asset is SUN. It serves as a governance token for the network and has had one of the best presales. SUN has continually proven its success in the crypto market and continues to grow in value, but recently Solana’s stock price fell 12.82% to $32.58.
Polygon (MATIC) – The one for business development
Polygon was launched in 2017 and was initially called the Matic Network. The project advertises itself as a user-friendly and functional network for infrastructure development.
It is also a scalability platform for Ethereum compatible blockchains. This means that these blockchains can communicate with each other effortlessly.
As such, Polygon It allows investors to develop new Ethereum blockchains for companies and institutions when a decentralized payment solution is needed.
Despite being a top performing cryptocurrency on CoinSwitch, MATIC has been trading lower as the price recently fell 6.97% to $0.61. In just one week, the price of the Polygon plummeted 17%, but expert sources predict that the MATIC The price will soon test again and you will see a successful change.
RoboApe (RBA): one to watch out for right now
RoboApe (RBA) is new to the cryptosphere and bills itself as a community-driven decentralized network with no leadership assignments at launch. The token is currently in presale but soon it will have a price on the market.
This project has the primary goal of reshaping current cryptographic mechanisms through processes that generally allow creators to dominate RoboApe’s governance.
RoboMonkey it has attracted investors due to its DeFi and DAO features. These allow the project to achieve goals that were previously unattainable.
The RoboApe ecosystem is community driven and offers a variety of profitable entertainment opportunities. An example is the governance token RBA which is a meme coin and ERC20 token on the Ethereum network.
RoboMonkey it has also incorporated an NFT Marketplace into its ecosystem and serves as a place for investors to buy, sell, or trade NFTs. This marketplace focuses on meme culture and allows you to create images and GIF memes in the form of RoboApe trading cards.
Regarding the fall of the foreign exchange market, Sunshine (SUN) Y Polygon (MATIC) These are two cryptocurrencies that should be on your watch list as prices have dropped significantly and you can now purchase these tokens cheaper. RoboApe (RBA) is another token to consider as it is currently in presale and you can get it for a premium price.
Join the RoboApe presale:
Always do proper research when it comes to coin and token presales. The above information does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
CryptoMode produces high-quality content for cryptocurrency companies. We’ve provided brand exposure for dozens of companies to date, and you could be one of them. All our customers appreciate our value/price ratio. Contact us if you have any questions: [email protected]
None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial loss suffered by acting on information provided on this website by its authors or clients. Reviews should not be taken at face value, always do your research before making financial commitments.