Blockchain technology is being adopted at peak rates today. With cryptocurrencies at the centre of most internet transactions today, this widespread popularity is hardly surprising. Nonetheless, we are currently experiencing what may potentially be one of the longest bear markets in history.
Today’s news of the crypto crash sits beside falling stocks on significant headlines. And without innovative strategies, many investors and traders will fall victim to this market with no hope for return. Nonetheless, some traders do their best to stay in the game by carefully buying the dip.
There are three coins that are receiving massive investments despite the crash and these cryptocurrencies are Parody Coin (PARO), Helium (HNT), and IOTA (MIOTA).
Parody coin (PARO)’s Presale Stuns Investors
As its name implies, the Parody coin (PARO) is a meme coin developed on the Binance Smart Chain(BSC). Although it’s still in presale, it’s gotten much attention because of its good features.
Unlike previous meme coins that usually peaked because of community hype and soon died afterwards because they didn’t have value, the Parody coin (PARO) shows distinct features. It stands out as assets back up PARO with real-world value.
It will also power the upcoming Paroverse, which might be a haven for decentralised app developers. Games and apps developed there will have all in-app assets valued in $PARO.
Furthermore, PARO will power its native NFT marketplace too. But most blockchain platforms now come with their marketplace. Because this feature is popular with networks that today’s crypto crash has affected seemingly permanently, you may be wary about investing in PARO.
Nonetheless, Parody coin’s NFT marketplace comes with a twist. Users can mint parodies of top-grade NFTs using PARO at a low cost. The owners of the original NFTs can also stamp theirs on the platform.
Despite the crypto crash today, Parody coin’s future is looking very bright at the moment. This might be one of the longest bear markets, but good crypto projects always have a way of bouncing back.
Helium (HNT) Remains Untouched By Volatility
Helium (HNT) is one of the cryptocurrencies seemingly unaffected by this longest bear market in crypto history. Initially designed to work only with the Internet of Things (IoT) devices and specific networks, but now it’s gone relatively mainstream.
The Helium network helps its users do various things, including tracking and mining their native cryptocurrencies. Helium is decentralised and runs via radio signals and select broadbands used in 5G network transmission.
Its native token, HNT, is used to buy its features. Because only specific Helium hardware can be used to access its increasingly popular network, HNT is peaking.
With millions of HNT units in circulation, we’ve barely scratched the surface of this network and the best time to invest in it is now.
IOTA (MIOTA) Is Decentralising Data
IOTA (MIOTA) is a BEP20 token that powers a decentralised ledger network where crypto transactions can be stored. It was initially designed for the Internet of Things, just like HNT was. Nonetheless, it technically isn’t a blockchain network.
IOTA utilises a system of nodes to store information regarding transactions between Internet of Things devices and others.
Users can access it using its native token MIOTA, at a low price. It also serves as the value base for the network that promises to be scalable over the next couple of years.
The future is nothing but bright for cryptocurrencies. Even though the crypto crash today, which analysts predict to cause one of the longest bear markets in history, is raging, coins like Parody coin (PARO), Helium (HNT), and IOTA (MIOTA) manage to stand out in a multitude of falling dominoes. So, with everything going on right now, they are most likely the right place to put your investment.
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