Many crypto enthusiasts and traders are familiar with the 2022 cryptocurrency market collapse. There have been past case studies of negative markets that have persisted for an extended period. Famous instances are the 2017 cryptocurrency collapse and the 2020 cryptocurrency catastrophe.
The cryptocurrency market may be very speculative and volatile, with an upturn occurring in the blink of an eye.
Regardless of the market scenario, a skilled crypto merchant recognises the value of stacking coins after they have fallen in price before they begin to rise again. This is an excellent strategy to make potential profits in a volatile cryptocurrency market.
In this post, we will look at three prospective currencies that may be worth purchasing before the bull market begins. They are Avalanche (AVAX), Chainlink (LINK), and Privesecure (PRSC), a new cryptocurrency. Let's get started.
Avalanche (AVAX) is a coin that allows for near-instant execution of smart contracts. Avalanche, a newcomer to the crypto market, has quickly become a favourite among investors owing to its unique characteristics.
Even while the release of Solana (SOL), another so-called Ethereum killer, has eclipsed Avalanche, it remains a key contender.
The network is a high-performance, scalable, adaptive, and secure blockchain that offers beginner crypto investors several benefits.
Furthermore, Avalanche (AVAX) is the quickest smart contract platform in terms of time-to-completion, capable of processing up to 4,500 transactions per second (TPS).
The platform's launchpad is Avalaunch. It is a one-of-a-kind protocol in the Avalanche ecosystem that connects innovative companies with quick and secure decentralised financing platforms.
AVAX is Avalanche's utility and governance token. The token may be used to provide, mint (reward), and conduct transactions, among other things.
Chainlink (LINK) is a decentralised oracle network that provides real-time data to blockchain-based smart contracts.
Smart contracts are pre-specified agreements on the blockchain that examine data and execute automatically when certain conditions are met.
The LINK token's value has skyrocketed as more blockchain networks integrate Chainlink's on-chain data initiatives.
Chainlink allows for importing external data into existing blockchain networks, an essential capability since it allows blockchains to connect and utilise existing data.
Privesecure (PRSC) is a blockchain network based on the cloud participating in the data revolution via cloud data and open sourcing.
It will revolutionise the cloud storage market using PRSC as its native currency. The Privesecure team is about blockchain network transparency, increased cybersecurity, and open-source data.
It is an open-source protocol that uses a self-healing replication mechanism to replicate files and erase any errors that may arise during data transfer.
PRSC will play a critical role in pioneering and promoting Privesecure's ecosystem, allowing for future improvements and encouraging the platform to promote greater liquidity and adoption in the DeFi area.
While AVAX and LINK are popular tokens that the bear market has impacted, Privesecure (PRSC) is a promising new cryptocurrency with a better potential for growth after presales.
You may join the Privesecure ecosystem by purchasing the PRSC token at a reduced price during the current presale rounds.