The current crypto-economy has turned into a bear market, as tokens across the board have all fallen in value this week, going as far as to affect the value of tokens as significant as Bitcoin (BTC) by over 25%.
However, despite how bleak a bear market may feel, all hope is not lost, as this time provides the perfect opportunity for potential investors to buy the dip by purchasing a token while its value is low, in the hopes that it will return to average or even go beyond this in the future.
Three tokens to check out during this time, therefore, are Parody Coin (PARO), Shiba Predator (QOM) and Klaytn (KLAY), with all three giving investors different reasons to get involved.
These tokens, therefore, are likely to receive more than just a boost from a bear market rally and are likely to see great success beyond the current market dip.
Shiba Predator (QOM) Goes in For the Kill
Shiba Predator (QOM) is a token with a single purpose: to dethrone Shiba Inu (SHIB) from its current position as one of the top-performing meme tokens.
With such a strong objective, combined with their insistence to buy and never sell, the token is not concerned with the overall financial landscape of cryptocurrency and is instead laser-focused on its mission to flip Shiba Inu (SHIB).
Being down 24% this week according to information from Coin Market Cap, Shiba Inu (SHIB) has been hit just as hard as any of the other big-name tokens, giving Shiba Predator (QOM) a prime opportunity to strike.
As such, there is great potential for Shiba Predator (QOM) to be impacted by the bear market rally, which could in turn snowball into Shiba Predator (QOM) taking down its sworn enemy.
Will Shiba Predator (QOM) be able to go beyond a bear market rally boost and climb the meme token charts? It is only a matter of time before we all find out.
Klaytn (KLAY) Clears the Way For Web 3.0 Innovation
As the Internet barrels towards the possibilities afforded by Web 3.0, blockchain and crypto projects that focus on aspects like NFT marketplaces and metaverse spaces are becoming more and more popular, setting themselves up to be pioneers of this new digital age.
Klaytn (KLAY) is one of these projects, offering a publicly accessible blockchain that allows users to craft metaverse aspects of their own. Artists, entrepreneurs, and creators are all encouraged to utilise the blockchain, emphasising the community aspects of building the metaverse together.
As Web 3.0 is expected to be a decentralised Internet, where collaboration and data autonomy are key, Klaytn’s (KLAY) model of business is one designed for this future, giving it longevity and relevance to the future that allows it a real chance of future success.
With this in mind, there is a good reason why investing in Klaytn (KLAY) may be beneficial, with those willing to HODL through the current dip having the potential to make large returns in the future. This is not something that can be guaranteed but is certainly worth researching for those interested, especially with the huge potential KLAY holds.
So, why not find out more about Klaytn (KLAY)?
Parody Coin (PARO) Presale Saves It From Bear Market
As a token still in presale, Parody Coin (PARO) has been lucky to avoid the current bear market, continuing to wait out its presale period before being released to the public.
The project’s objective is to create a space where accessibility to recognisable NFTs becomes a possibility for the average crypto user, through the use of parodies of popular NFTs that can then be sold and exchanged on the Parody Coin platform.
Someone may not be able to afford a £100,000 Bored Ape NFT, but a £100 Parody with its own artistic flair and message? That is certainly far more doable.
Furthermore, Parody Coin (PARO) is a deflationary token, meaning that circulating tokens will rise in value over time, as opposed to staying stagnant. This means that early investors will have a high likelihood of having their tokens rise in value in the future, giving them something to look forward to as the crypto market continues to dip.
This, combined with the iconography intending to be depicted in their parody NFTs, means that NFTs created in the marketplace also have a high chance of rising in value, fuelling an economy of buying and trading that will only encourage Parody Coin (PARO) to continue to grow.
So, while the market is down, why not consider giving a presale project a shot?
Find out more about Parody Coin (PARO) at:
Presale: https://presale.parodycoin.io/register
Website: https://parodycoin.io/
Telegram: https://t.me/PARODYCOIN_OFFICIAL
Twitter: https://twitter.com/ParodyCoin
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.
