The ongoing bear market is responsible for the current difficulty within the cryptocurrency industry. The bearish crypto market has strained day-to-day activities within the industry since the global financial markets crashed in early summer. This is a dire situation filled with negative prices and extreme market volatility that everyone within the cryptocurrency industry can’t wait to get rid of.
Low crypto prices courtesy of a bear market means that crypto players can make bulk purchases on favorable altcoins for massive returns in the long run. This is a strategy that has worked well in the past and may be a solution to existing problems within the industry.
Here are these 3 Altcoins – Cosmos (ATOM), TRON (TRX), and Dogelians Token (DOGET) have the potential to generate massive profits despite the ongoing bear market. Let examine what makes them great long-term crypto investment options and generate maximum profits below.
Cosmos (ATOM) is a blockchain-based platform that solves some of the toughest problems within the crypto industry. It provides an antidote to the “expensive, volatile, slow and environmentally harmful” proof-of-work (PoW) protocol used by bitcoin (BTC) by offering an ecosystem of connected blockchains.
Cosmos (ATOM) seeks to make blockchain technology less complex and challenging for developers through a modular framework that subverts decentralized apps (dApps).
Cosmos (ATOM) focuses on modularity allowing networks to be built quickly using existing code fragments. It also offers better scalability and can process significantly more transactions in a second than old-fashioned blockchains such as Bitcoin (BTC) and Ethereum (ETH).
Its native cryptocurrency, ATOM, provides staking facilities for security, transaction verification, and network governance. It is an industry-leading altcoin that is available for trading on most of the top crypto platforms such as Coinbase, Binance .
Dogelians Token (DOGET)
Dogeliens Token (DOGET) is an upcoming altcoin that is currently attracting a lot of interest within the cryptocurrency industry. The coin is likely to become a valuable asset in the ongoing bear market. The Dogelians Token (DOGET) is native to the Dogelians Crypto Project, a project that incorporates DeFi, such as staking, to allow users to save and earn more rewards.
The Dogelians Token (DOGET) is the utility and governance token of the project and is responsible for facilitating a number of crypto-related activities, such as rewards, payment of fees and network governance. The Dogelians Token (DOGET) is approaching its pre-sale phase and includes exciting rewards and incentives.
TRON (TRX) is a decentralized blockchain-based ecosystem developed by the TRON Foundation that provides full ownership rights to digital content creators. With TRON (TRX), content creators who receive only a small portion of their income receive incentives and earn more rewards for their work. TRON (TRX) also supports various blockchain systems, smart contracts, and dApps.
Its native coin, TRX, facilitates various functions such as rewards, transaction fees, network governance, staking, and more. TRX is in the list of top 20 cryptocurrencies and is available on several crypto platforms, such as Bancor, Poloniex, Binance, KuCoin, Bitfinex, and CoinBen.