Decentraland, Near Protocol, and Celphish Finance – Three Cryptocurrency Projects for the Bear Market

Cryptocurrency is currently in a bear market. This bear market is a result of various macroeconomic factors that are affecting global financial markets. This bear market has caused token prices to dip, and many crypto projects have experienced a 70% decline from their previous price point.

These price declines have caused some investors to panic, while others have begun to remove liquidity from the crypto ecosystem. Additionally, newbie investors are unsure how to navigate the situation, which has led them to make mistakes. Investors shouldn't waste the bear market's opportunity to purchase valuable tokens for less than half the price. Before allocating capital to any project, investors should ensure that they conduct thorough research into the projects.

Decentraland (MANA), Near Protocol (NEAR), and Celphish Finance (CELP) are three cryptocurrency projects intended to safely escort you through this bear market. These projects have solid fundamentals, use cases, and tokenomics. To survive the bear market, you must preserve your capital or invest in solid projects that would rebound once the market returns to its impeccably lucrative position. Here is a brief breakdown of each crypto project.

A Virtual 3D Experience – Decentraland (MANA)

Decentraland is a metaverse and crypto community platform built on the Ethereum (ETH) blockchain. Its MANA token uses the ERC-20 token standard. Decentraland is an open metaverse where users can interact, game, build communities, attend events and perform other social activities. Furthermore, Decentraland is an immersive experience in a 3D world where users can feel fully immersed in the communities surrounding them. A sense of belonging is sustained allowing users to feel at ease in the metaverse. Finally, users do not need to create a profile to use Decentraland as they can create a guest profile to access the metaverse.

MANA is the transaction token of the Decentraland metaverse. Users can exchange, swap, and purchase various items using it. In addition, purchased items in Decentraland are owned by the users and can be taken off the platform if necessary. Decentraland is creating an inclusive metaverse in an environment where players can form bonds and create decentralized communities.

Bringing Us Closer – Near Protocol (NEAR)

Near Protocol (NEAR) is a layer 1 blockchain built and designed by the Near Collective. It uses a community cloud computing platform to remove the limitations that affect layer 1 blockchains. These limitations include poor throughput, zero interoperability, and slow transaction speeds. As a result, Near Protocol is an ideal environment for developers to create dApps (decentralized apps). The Near Protocol blockchain uses human-readable account names as wallet addresses instead of the cryptographic wallet addresses used by Layer 1 blockchains. Finally, it uses a unique consensus mechanism called "doomslug" to solve any scaling problems.

The Near Protocol is a strong and secure network that protects sensitive on-chain data. It has created a simple blockchain solution that will be easy for mass adoption. To improve the blockchain, the initial code of the Near protocol is updated by its community. These updates take the form of released improvements into the Near ecosystem. The Near protocol is a Layer 1 blockchain that will change the way we interact with crypto.

Far From Selfish – Celphish Finance (CELP)

Celphish Finance (CELP) is a crypto platform that will help users get better benefits from their NFTs. It would also allow users to easily access DEFI tools from their smartphones. Celphish Finance would use cutting-edge technology to protect its users from hacks and other exploits common in crypto. Celphish Finance will create easily accessible DEFI solutions for users to easily access the financial services they need at the touch of a button.

CELP is the utility token of Celphish Finance, it will facilitate DEFI transactions on the protocol. Partake in the ongoing pre-sale to enjoy the bonuses available to early investors. If you refer a friend to make a CELP purchase, you both receive $25 when $75 is spent. You get a 9% bonus when you purchase CELP tokens in stage one of presale, 7% during stage two, and 4% during stage three. Start stacking token bonuses today.

Check the links below for more on this innovative new token.

Presale: http://cel.celphish.io/register

Website: http://celphish.io/

Telegram: https://t.me/CelphishFinanceOfficial