According to media proprietor and entrepreneur Mark Cuban, the recession is the best time to start a business. This holds for anyone who understands the coin market and is ready to buy the dip. Unfortunately, buyers are unsure where to put their money after the June crypto crash. But taking a cue from the recession-hit stock market, this is the time to start making life-changing wealth in cryptocurrency.
The bear market is not going to be there forever. There are already signs of coin market revival. Buyers who purchase bottom-hit crypto tokens can gain big in months when the crypto winter ends. This article discusses three such crypto projects – Aave (AAVE), Decentraland (MANA), and MetaCryp Network (MTCR) – that could present good opportunities to buy the dip.
The global Metaverse economy is expected to reach $5 trillion before 2030. In 2022, the crypto spending on Metaverse is already up by 200%. Decentraland, a principal metaverse coin in the cryptocurrency market, stands to gain immensely and grow in the future from the integration of blockchain and the digital space led by virtual reality and augmented reality.
A 3D VR platform, Decentraland operates on the Ethereum blockchain. It seeks to make blockchain a convenient and secure vehicle to exploit the Metaverse, where MANA users can build, enjoy, and monetize content and dApps. An ERC-20 token, MANA brings in interoperability to widen cross-chain permission to access the innovative world of Metaverse. For example, Decentraland MANA users have the opportunity to explore the virtual world and develop and trade games and 3D illustrations while enjoying a range of interactive experiences.
Decentraland facilitates leasing and advertising in the VR social space. MANA users can run sponsored events and sell goods. Its earning and interactive options will expand manifold.
One of the most popular DeFi protocols, Aave, looks unaffected by the crypto crash. From $45 on June 18, AAVE surged to $96 on July 19, registering a strong 104% growth. Its weekly rally is equally impressive, nearly 40% rise in the last 7 days. As Aave coin tests ascending trendlines, there are high expectations over its ability to break out of the bear market.
AAVE staking and lending offer good passive income. Users can borrow in 17 types of crypto coins and can also get flash loans. The recent integration of Merlin analytics and the launch of stablecoin on its network make Aave more attractive to buyers. This improves the accuracy of fee and net wealth calculation and tracking.
The upcoming MetaCryp Network is feature-rich to start a bull market. The high-utility token boasts the ability to leverage blockchain benefits for a thrilling experience and earning in the GameFi space metaverse. It provides:
MetaCryp Network presales offer an array of bonus schemes, including 10% extra tokens to buy using ETH, USDT ERC 20, DOGE, or SHIB. This is 13% for BNB, 8% for Bitcoin, and 15% for USDRT TRC 20. The stage 1 presale adds a 9% bonus, which reduces to 7% and 4% in the next two stages. Refer a friend and get a $100 bonus when the person spends $400 on MTCR. Buying with $3,000 fiat currency gives 70% bonus tokens. This reduces to 20%, 8%, and 3% for $1,000, $500, and $250 respectively. Returning buyers get 42% and 62% more tokens f
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.