Cardano, Avalanche, and Youniverze – Three Altcoins that Could Fetch Massive Profits in the Bear Market

Cardano, Avalanche, and Youniverze – Three Altcoins that Could Fetch Massive Profits in the Bear Market
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Since the summer, the cryptocurrency industry has been battling a long and enduring bear market. The bear market began after crypto markets crashed alongside global financial markets and have since tormented the industry, making crypto-related activities such as trading and investing harder than usual.

The situation does not seem to be getting better; according to many analysts, a switch to long-term cryptocurrency investments is advisable for investors looking to gain massive profits in the future. Long-term cryptocurrency investments significantly reduce the risk of loss in the ongoing bear market.

This piece suggests three altcoins to invest in for a maximum return on investments (ROI). Here is all you need to know about Cardano (ADA), Avalanche (AVAX), and Youniverze (YUNI).

Cardano (ADA) – The Innovative Crypto

ADA is the native cryptocurrency of Cardano, a Proof of Stake (PoS) blockchain platform that exists to allow changemakers, innovators, and visionaries to bring about positive global change. Cardano (ADA) functions as an open-source platform that seeks to redistribute power from unaccountable structures to the margins to individuals to create a more secure, transparent, and fair society.

A top 10 cryptocurrency by CoinMarketCap, ADA facilitates operations on the Cardano platform, such as network governance and participation in the affairs of Cardano. ADA can also interact outside Cardano and is ideal for crypto-related activities such as trading, gas fees, and transaction payments. The token has a live market cap of $18,987,609,310, a circulating supply of 33,934,048,406 ADA coins, and a max supply of 45,000,000,000 ADA.

Avalanche (AVAX) – The Speedy Crypto

Avalanche (AVAX) is a blockchain-based platform that functions as an ideal environment for creating and deploying Decentralized Applications (dApps) and custom blockchain networks. With a higher transaction output of up to 6,500 transactions per second (tps) and improved scalability properties, Avalanche (AVAX) is one of the few blockchain networks with the capability to rival Ethereum (ETH), the dominant smart contract capable platform.

Its native cryptocurrency, AVAX, facilitates several crypto-related activities on the Avalanche platform, such as network governance, security, and token rewards. AVAX is also popular within the cryptocurrency industry and is regularly used by crypto players to interact within the industry. AVAX has a live market cap of $8,443,951,996, a circulating supply of 284,938,892 AVAX and a max supply of 720,000,000 AVAX coins.

AVAX is available on several crypto platforms within the industry, such as Binance, Bitfinex, Gate.io, and Kucoin.

Introducing Youniverze (YUNI)

Youniverze is the native cryptocurrency of Youniverze Finance, the ultimate multichain go-to platform for crypto trading, sourcing, and bridging throughout the globe. The Youniverze Finance platform holds significant advantages over other conventional exchange platforms. These advantages include the best prices, easily understandable, multi-chain capability, higher liquidity, and incentivization and rewards.

With the bear market in full swing, Youniverze (YUNI) will make an excellent long-term cryptocurrency investment. YUNI goes on presale in the coming weeks and will reward early investors adequately. One of such rewards is the 12% additional token bonus that comes with purchasing the token with Ethereum (ETH). Here is your chance not to miss out on a great opportunity for potentially big returns in the future.

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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.

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