The crypto crash was accelerated by several factors, including the Luna crash, which liquidated several crypto companies and projects that were overexposed to the stablecoin.
The crash has seen many crypto tokens suffer as much as 70% price dips over the course of the last 5 months. As the market has begun to recover, it is important for investors to grab opportunities that allow them to make the most of the crypto crash. One such opportunity is buying crypto tokens of projects while their prices are low.
This would allow investors to benefit from these projects when their prices begin to rebound. To get the best out of these projects, it is important for investors to conduct adequate research into the projects.
There are different projects that investors should be watching. Three crypto tokens that investors should watch for this crypto crash are Fantom (FTM), Decentraland (MANA), and Big Eyes Coin (BIG). These three projects have the fundamentals, use cases, and user community to back the project. Here is a summary of each of these crypto projects.
Fantom (FTM)
Fantom (FTM) is a DAG (Directed Acyclic Graph) smart contract platform that uses its unique consensus algorithm to provide a suitable ground for DEFI applications. Using its FTM token, Fantom will transform the DEFI space as it offers speed and quick settlement in under two seconds.
In addition, it supports the building of dApps for various purposes. The layer one blockchain was created in 2018, but the Mainnet was launched in 2019. Its consensus algorithm is known as Lachesis, and it was built to compete directly with the Ethereum blockchain.
The Fantom blockchain uses its speed and unique consensus algorithm to put itself ahead of other layer one blockchains that are slower and have lower throughput. In addition, Fantom provides cheaper alternatives to existing blockchains, making it attractive to builders in the DEFI space.
The FTM token is used for various purposes, including staking, settlement, governance, and network fees. Fantom is creating a new paradigm with the creation of a fast and cheap blockchain to power the DEFI ecosystem.
Decentraland (MANA)
Decentraland (MANA) is a metaverse project built on the Ethereum (ETH) blockchain. The project is built to allow its users experience an open metaverse where they can create, explore, build, and monetize their created assets.
It allows its community to become both participators and creators while exploring the open metaverse that is Decentraland.
The MANA token facilitates all transactions within the Decentraland metaverse, which gives the token more utility. Furthermore, it has a Non-Fungible LAND token which represents one of one assets (land) in the Decentraland ecosystem that can be bought or sold.
Decentraland is an ambitious blockchain project with a strong community. Its metaverse plays are decent and have opened a whole new world for participants. The MANA token will surely rise in value if this project stays on its current path.
Big Eyes Coin (BIG)
Big Eyes Coin (BIG) is a community token designed to increase access to NFT and DEFI. Additionally, the project aims to funnel liquidity into the DEFI and NFT ecosystems.
Furthermore, it would give more value to both ecosystems by funneling more liquidity into these crypto sectors and improving access. At launch, 90% of the token would be available for users.
The project heavily relies on its community to drive the project forward, which is why a great percentage of the token would be available for the community. The project is designed to give users more options and flexibility when they are accessing NFT and DEFI protocols.
The Big Eyes project will use its tokens to create a suitable environment for its users so that they can get the most out of their transactions on NFT and DEFI projects. You can participate in this project by purchasing BIG tokens at the ongoing pre-sale. are available to be purchased at its ongoing presale. Purchase tokens today and become a pioneer.
