Shiba Inu, FreeWoly, and NEAR Protocol: What Makes These Crypto Coins Shine in the Bear Market?

The 2022 crypto winter will remain imprinted in the memory of crypto enthusiasts forever. It replaced the bull market of 2021 with a bearish trend that culminated in a crypto crash. As the bear market sets in, crypto coins began shedding values and traded at 70% to 90% down in May and June. However, a few crypto tokens, such as Shiba Inu (SHIB) and Near Protocol (NEAR), have started an upward trend in July and look potent to break out of the bear market soon. FreeWoly (FWOLY), a new cryptocurrency, looks imminent to join the league of performers.

Shiba Inu (SHIB) – The Profitable Coin

Shiba Inu (SHIB) is one of the most profitable crypto coins in the market. It was launched in 2020 to compete in the meme world. With a market cap of $6.2 billion, Shiba Inu (SHIB) is ranked 15thin the coin market. Many people who bought and kept Shiba Inu (SHIB) worth more than $2 in 2020 are millionaires today.

Shiba Inu (SHIB) soared 74,000,000% in its first year in the cryptocurrency market. Though it fell with others to the crypto crash, Shiba Inu (SHIB), with a 60% rise since then, is leading the recovery. Crypto experts believe Shiba Inu (SHIB) is poised to become a growth catalyst to end the bear market. Their assumption is not unfounded, considering the wide acceptance and the history of Shiba Inu (SHIB).

Shiba Inu (SHIB) is the most accepted meme crypto coin, which aids the likes of electronics merchant Newegg, live-streaming major Twitch, luxury watch seller David SW, hosting-services provider Hostkey, luxury fashion brand Jomashop, etc. accept payments in Shiba Inu (SHIB). There are also thousands of merchants that accept Shiba Inu (SHIB) BitPay cards. Also, one can exchange Shiba Inu (SHIB) for gift cards from Walmart, Uber, Xbox, Amazon, Airbnb, Nintendo, Home Depot, Domino’s, and many more.

About 70% of Shiba Inu (SHIB) stakes are concentrated in eight large “whales,” which keeps it stable and rising.

NEAR Protocol (NEAR) – The Cross-chain Network

As the name suggests, NEAR Protocol (NEAR) brings all blockchain networks near to users. Launched in 2020, the NEAR Protocol (NEAR) focuses on cross-chain functionalities and serviceability. The network has a speed of 100,000 TPS and is one of the most convenient for users. With “state sharding,” it has multiplied its scalability.

NEAR Protocol (NEAR) focuses on bringing all blockchains under one roof so users can have optimum services. An ecosystem of dApps allows the platform to establish connections to all other blockchains. Developers can use this to build and trade applications, while users can enjoy multi-chain trading. Upgrades, such as the Rainbow Bridge and Pocket Network integration, make NEAR Protocol’s cross-chain functionality faster.

NEAR Protocol (NEAR) holds $3 billion in market capitalisation and ranks among the top 25 crypto coins.

What is FreeWoly (FWOLY)?

A meme coin, FreeWoly (FWOLY), will go down in history as successful as Shiba Inu (SHIB) and Dogecoin (DOGE). This new cryptocurrency entering its presales has created much anticipation in the coin market. A showcase of meme power in the GameFi space, FreeWoly is set to ensnare users with an aura of interactive fun and entertainment.

This new meme project prioritizes superior user experience through farm-based fun games. FreeWoly (FWOLY) follows the “Farmville model.” Its play-to-earn games use 3D, VR, and AR technologies to create realistic images, perfect sounds, and happy interactions. There are strategic challenges to stimulate players for more creativity and more earnings.

Online gamers can monetize NFTs by playing and creative gaming activities. There are rewards for staking. FreeWoly (FWOLY) swaps also earn dividends. Apart from stimulating realistic entertainment, FreeWoly (FWOLY) has a promotion and marketing strategy focused on its adoption and expansion.

FreeWoly (FWOLY) presales will have a listing price of $0.05 in 2022 Q3. Join the stage-1 presale within the first 15 minutes, and get 40% more tokens. Recurring purchases yield 50% and 75% for the second and third times. The stage-1 presale bonus is 6% for all. For stage-2 and stage-3 presales, the bonus reduces to 4% and 2%, respectively. Swap ETH or XRP to 12% more FWOLY coins. This increases to 14% for USDT TRC-20 and 13% for USDT ERC-20. BNB and LTC get 10% more coins as the bonus for the BTC swap is 7%. Fiat used to buy FWOLY adds 3% more for $250, 8% for $500, 20% for $1,000, and 70% for $3,000. Refer a friend and get $10 after they spend $50.

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Premium Partners

Newsletter