One of the most popular practices in the cryptocurrency industry is crypto investing. Investors worldwide have engaged in the sector’s expansion since cryptocurrencies gathered widespread notice by investing in promising altcoins for a massive return on investment (ROI).
While inflation may continue for some time, the emergence of the bear market has made it incredibly difficult to engage in cryptocurrency-related activities like trading and investing. Focusing on long-term crypto investments rather than short-term ones is an excellent method to fight a bear market.
With the price of many coins at record lows, finding the right altcoins to invest in may take time. For this reason, we’ll examine three suitable altcoins fighting the bear market: Avalanche (AVAX), Tron (TRX), and BudBlockz (BLUNT).
Let’s dive in!
Avalanche (AVAX) a Regular Feature of the Crypto Ecosystem for Years to Come
Avalanche (AVAX) is an intelligent contract-based cryptocurrency network that outperforms most other blockchain networks in terms of speed and scalability. AVAX is a well-known cryptocurrency in the industry, ranking in the top 20 on CoinMarketCap. With the token current market capitalization and a circulating supply of AVAX coins, this altcoin has pushed through the bear market with increasing popularity.
Experts believe Avalanche will be a regular feature of the crypto ecosystem for years to come and will be a crucial player in helping supply the increased adoption demand.
With Avalanche (AVAX) markets cowed by reported inflation, now could be the time to invest in this altcoin fighting the bear market and climbing back to the top.
Tron (TRX), an Alternative to Ethereum
Tron (TRX) has proven to be a tenacious project, having existed in some form since 2014. The platform aims to assist content creators and encourage them by providing more rewards for their efforts.
Since TRX’s inception, the platform has offered the ideal environment for developing a decentralized Internet. It is an alternative to Ethereum as a tool for developers to create dApps (ETH).
TRON (TRX) is a top twenty cryptocurrency with stock on significant cryptocurrency exchanges such as Poloniex, Bancor, KuCoin, Binance, Bitfinex, and Coinbene. TRX has grown slowly but steadily over time. Tron has plummeted from its all-time high of 30 cents. TRX failed to break its previous bull market high price, and analysts believe Tron will enter price discovery mode in 2023. If that happens, Tron, as an altcoin fighting the bear market, will help create new millionaires.
BudBlockz (BLUNT), the Champ of the Crypto Market
BudBlockz (BLUNT) is a new cryptocurrency project that aims to bridge the gap between cannabis, its users, and the cryptocurrency industry. $BLUNT is the crypto bear market champ and one of the fastest-growing altcoins in the cryptocurrency world. So far, the growth rate has easily outpaced market averages.
BudBlockz has developed a user-friendly e-commerce website for legal cannabis users. The platform uses smart contracts to track the entire life cycle of a Cannabis plant, from seed to sale, ensuring regulatory compliance and product quality.
Due to its guaranteed fixed supply and limited availability, the $BLUNT token is considered immune to inflation. Since it’s resistant to inflation, $BLUNT is used outside the crypto space. Many financial instruments are looking for altcoins that can hedge against inflation. The $BLUNT token is a valid instrument for this purpose because of its strength amid the bear market.
Learn more about BudBlockz (BLUNT) at the links below:
Official Website: https://budblockz.io/
Presale Registration:: https://app.budblockz.io/sign-up
BudBlockz Community Links: https://linktr.ee/budblockz
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