.png){kind=logo}
The crypto winter has left a lot of projects trading below their actual value. This has created a unique opportunity for cryptocurrency investors to purchase crypto tokens at a discount. These tokens can be gotten on the cryptocurrency market but investors need to conduct thorough research before they allocate capital to these projects.
One way to evaluate these cryptocurrency projects is by checking their fundamentals and the team behind the project to ensure that it is not a rug pull. Furthermore, you should check if the crypto project has a solid use case and solves actual problems for its users. Lastly, check the tokenomics to ensure you understand how its token distribution affects its token prices.
Bitcoin (BTC), Cardano (ADA), and Immunicorn Finance (IMU) are three crypto projects investors should watch this crypto winter. With their solid fundamentals and use cases, they are sure to survive the crypto winter and continue providing value for their users. Additionally, they have sound tokenomics that ensure that their token prices survive and they bounce back. Want to know more about these projects? Here is a brief summary of each.
Bitcoin (BTC) is the first cryptocurrency project and it was launched in 2009. The project was launched by an individual or individuals with the pseudonym- Satoshi Nakamoto. This anonymous person released a white paper detailing how Bitcoin will be used as censorship-resistant money which would facilitate transactions on the internet.
The project would be a peer-to-peer network facilitated by nodes run by validators. The network will be secured using a Proof of Work (PoW) consensus mechanism where hard maths problems would have to be solved for new blocks to be created.
BTC is the utility token of the network and is the "money" spent on the network. Users receive their tokens in a cryptographic wallet address which is secured by seed phrases. Bitcoin is by far the most popular crypto project and it has been here since the beginning. It is a market leader and has the largest market cap.
Cardano (ADA) is a proof-of-stake blockchain designed to bring about social changes. It aims to use the blockchain to solve some of the most pressing problems facing humanity by partnering with organisations working on these problems.
Cardano was created in 2017 and named after the 16th-century mathematician Gerolamo Cardano.
Additionally, its ADA tokens derive their names from Ada Lovelace, a 19th-century mathematician. The ADA tokens are the utility tokens of the blockchain and help users perform various functions. Users can stake ADA to validate transactions and secure the blockchain or they can use them for transactions.
Over time the blockchain has added much functionality and more perks to its network. It recently launched NFTs and allowed its users to mint and create NFT projects of their choice. It actively partners with different causes and provides blockchain solutions around the world. Cardano is a game changer in the crypto space led by pioneers that want to change the world.
Immunicorn Finance (IMU) is a decentralised reserve currency built on the Binance Smart Chain (BSC). The Immunicorn Finance (IMU) project is designed to show how crypto users perform transactions using its IMU token. The IMU token is a BEP-20 compatible token, and it would allow its holders to perform transactions outside the realms of traditional finance institutions.
These transactions would be done using the blockchain to facilitate transactions. The Binance Smart Chain (BSC) was chosen because of its speed, accessibility, and low fees. These traits would make it easier for users to transact using IMU. With the IMU token, holders can mine, stake, and lend to receive more rewards.
The IMU token is fully compatible with other tokens on the BEP-20 token standard. Join the ongoing presale to benefit from the available bonuses. For example, you receive a 15% bonus if you purchase IMU using ETH.
Purchasing with BNB or USDT (TRC-20) gives you a 10% and a 13% bonus, respectively. Furthermore, purchasing IMU tokens during the first stage of the pre-sale grants you an 8% bonus.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. 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. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
