Bear Market Altcoins to Keep An Eye On — Bywire Blockchain News

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LONDON (Bywire News) — 2022 has been a task­ing year for investors delv­ing into the cryp­to indus­try as the recent crash joins a list of bewil­der­ing events that have shak­en the indus­try. Even so, every bear mar­ket has pos­i­tives in the long-term as the best oppor­tu­ni­ties on the mar­ket are at a dis­count. $EOS, $ADA & $PPX all fit that cat­e­go­ry for sev­er­al rea­sons. 

EOS Points to Innovation

When most investors talk about mass adop­tion, it means that projects have to inno­vate in order to accli­ma­tise to the mass demand. EOS makes that inno­va­tion eas­i­er due to being the foun­da­tion of choice for devel­op­ers to build dApps on.

EOS allows pro­gram­mers to embrace blockchain tech through the range of tools and edu­ca­tion­al resources that help builders devel­op func­tion­al and scal­able apps quick­ly. 

Com­pared to oth­er chains, EOS deliv­ers more scal­a­bil­i­ty than most top chains. EOS also pro­vides greater secu­ri­ty for con­sumers through the pro­vi­sion of flex­i­bil­i­ty and com­pli­ance. 

The native token EOS is in the top 50 cryp­tocur­ren­cies by mar­ket cap. The EOS token also pro­vides gov­er­nance rights to hold­ers and is avail­able on most top cryp­to exchanges like Binance, Coin­base, Krak­en & others.

Cardano among Top 10?

Car­dano is a third-gen­er­a­tion smart con­tract plat­form pro­vid­ing solu­tions that oth­er chains like Ethereum have strug­gled to over­come, such as scal­a­bil­i­ty, inter­op­er­abil­i­ty and trans­ac­tion through­put. This has allowed Car­dano and oth­er lay­er-1s like Dot, AVAX and Solana to be labelled ETH killers.

Car­dano also redis­trib­utes pow­er from unac­count­able struc­tures to indi­vid­u­als so that they can con­tribute to the cre­ation of a more secure, trans­par­ent and fair soci­ety. 

The native $ADA token also serves as a gov­er­nance token and you can find it on Binance, OKX, Bybit, BingX and Bit­get. 

What Does PPX Contribute?

Pro­privex Token PPX is the native token and util­i­ty token for Pro­privex which is a trad­ing and port­fo­lio man­age­ment plat­form spe­cif­ic to dig­i­tal assets and cur­ren­cies. The plat­form allows users to man­age their port­fo­lios with­in an ide­al environment.

$PPX is used for all pay­ments on the plat­form, but users can also use oth­er tokens to pay for ser­vices on Pro­privex. How­ev­er, there are incen­tivised dis­counts for $PPX users. Token own­er­ship allows auto­mat­ic gov­er­nance rights in Propivex’s DAO. Hold­ers can also enjoy rewards in reflec­tions and asset man­age­ment services.

(Writ­ing by Sam­ba Jal­low, edit­ing by Klau­dia Fior and Tom Cropper)

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