Five Cryptocurrencies That Can Not Be Beaten During The Current Bear Market

For over a decade, cryptocurrencies have been in the spotlight, with the mainstream media and traders reporting on their remarkable rise. Although there are many different types of cryptocurrencies, the vast majority may be divided into two categories: decentralized and centralized.

Users control decentralized cryptocurrencies; they are only available online and do not require a third party (like a bank) to verify user transactions. A central authority, such as a bank or government agency, often enforces the laws governing centralized cryptocurrencies. The good news is that decentralized cryptocurrencies like Big Eyes Coin (BIG), Stellar (XLM), Hex Coin (HEX), Avalanche (AVAX), Vita Inu (VINU), and KuCoin Token (KCS) are causing quite a stir in the cryptocurrency sector.

Stellar (XLM)

Stellar (XLM) is a leading decentralized network that allows users to create, send, and receive different currencies. Programmers can develop asset exchanges, micropayment systems, and international digital payments for big and small businesses using Stellar (XLM). It was created and made available in 2015 in order to connect all current financial systems.

Although Stellar (XLM) and the ecosystem that supports it are distinctive in the cryptocurrency world, they have not yet reached their full potential. Investors in Stellar (XLM) are not pleased with the performance of Stellar (XLM) so far, but analysts anticipate a modest but steady increase for Stellar (XLM) currencies in 2023.

Hex Coin (HEX)

Hex Coin (HEX) aims to reward those who stake their crypto assets. The precise type of stake and the duration of the stake determined rewards. With the scalability and security provided by proof of stake and proof of work algorithms, it employs a high consensus mechanism.

When Hex Coin (HEX) first appeared, the cryptocurrency industry was poised to change. Nevertheless, hex Coin (HEX) could not produce the promised outcomes. The bear market has impacted Hex Coin (HEX), which is recovering. HEX is trading for US$0.02808, with a $3.23 M 24-hour transaction volume.

Big Eyes Coin (BIG)

Big Eyes Coin (BIG) is a fascinating cryptocurrency platform to bring its users enjoyment and value in the world of cryptocurrencies. Big Eyes has developed a sound plan to increase the value and ubiquity of its Big Eyes Coin (BIG) on the cryptocurrency market and inside its ever-expanding community.

Big Eyes is aware of the importance of web-based entertainment platforms and will use them as the primary channel for popularizing its Big Eyes (BIG) token as a result. It will be completed on a solid foundation, enabling everyone to understand its vision, mission objectives, and benefits. Big Eyes is open to having you in the BIG family. If you like this project, here is a promo code Ocean361 to win free tokens when purchasing BIG.

Vita Inu (VINU)

Vita Inu (VINU) is a digital currency ecosystem that facilitates the purchase of products and services. Many members of the Vita Inu team have years of experience working in the cryptocurrency sector. Co-founders David Orme and Maximilian Weinberg are in charge of the team, which has many developers, designers, and marketing experts. The most popular meme token currently is VITA Inu ($VINU). One billion Vita Inu (VINU) tokens are available overall, and its developers want to distribute them through many airdrops and prizes.

Avalanche (AVAX)

Avalanche (AVAX) is a layer one blockchain that is designed to allow the development of decentralized apps. Avalanche employs its local currency, AVAX, in addition to network transactions to boost wealth generation through staking.

Due to its quick speed, low cost, and environmental friendliness, the Avalanche blockchain has drawn more users. AVAX is a virtual asset that might be about to go through a significant rebound run. AVAX’s price has significantly dropped as a result of the bear market. However, as soon as the Bull strikes back, Avalanche will recover.

KuCoin Token (KCS)

A cryptocurrency exchange called KuCoin was established in 2017. Since its founding, it has grown to become one of the largest worldwide exchanges by trading volume, with over 10 million members and accessibility in more than 200 countries.

People can purchase, sell, and trade more than 600 cryptocurrencies on the KuCoin market. This trading platform may appeal to those looking for a wide variety of assets. The platform supports market, stop-limit, and stop-market orders. Peer-to-peer trading, derivatives, and margin are additional accessible features.

KCS tokens can be used on the platform for many other items, including purchasing commodities, lodging, and gaming supplies. Users can now profit from the cheaper maker and taker costs without engaging in a lot of BTC trading, and KCS holders can upgrade to KuCoin VIP status. Additionally, KCS coin owners share in the exchange’s trading fee profit at a rate of 50%! The value of KuCoin hit record highs in January 2018 at almost $1.8 billion.