Top Three Altcoins To Invest In Amid The Ongoing Bear Market – Decentraland, Avalanche and Supontis Token

It’s a new week within the cryptocurrency industry, and the ongoing bear market is yet to meet its conclusion. The bear market has already caused severe havoc since it began, such as a wave of staff layoffs from prominent crypto platforms such as Coinbase, BlockFi and Gemini. All around the cryptocurrency industry, the bear market’s conclusion is an event that is highly anticipated.

In the meantime, investors should take full advantage of the low crypto prices to make long-term cryptocurrency investments on suitable altcoins that would fetch massive profits in the long run. This piece examines three altcoins with the potential to do just that. Decentraland (MANA), Avalanche (AVAX) and Supontis Token (PON) coming right up.

Adventures In Decentraland (MANA)

Decentraland (MANA) is a virtual reality and gaming platform that runs on the Ethereum (ETH) blockchain. Decentraland (MANA) allows users to create, experience, and monetize content and applications and is ideal for content creators, businesses and individuals looking for a new artistic medium, business opportunity, or source of entertainment.

On Decentraland (MANA), users purchase parcels of LAND, which they can navigate, build upon and monetize. LAND is the piece of property on which users can develop and create content, applications and other forms of experiences on Decentraland (MANA). Some of the user-built experiences on Decentraland (MANA) include interactive games, sprawling 3D scenes and a variety of other interactive experiences.

MANA, the native cryptocurrency of Decentraland, facilitates transactions and payments for in-game purchases. MANA is available on several crypto platforms, including Binance, OKEx and Coinbase Pro.

Pathway to Decentralization – Avalanche (AVAX)

Avalanche (AVAX) is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. With a higher transaction output of up to 6,500 transactions per second (tps), while not compromising scalability, it is one of Ethereum’s rivals with the capacity to unseat it as the most popular blockchain for smart contracts.

Avalanche (AVAX) exists to solve the blockchain trilemma, which suggests that blockchain networks cannot achieve a sufficient degree of decentralization at a scale. It does so through three interoperable blockchains, which all serve a distinct purpose.

Central to all operations on Avalanche is its native cryptocurrency, AVAX. AVAX is a top 20 cryptocurrency by market cap with a live market cap of $5,717,502,209, a circulating supply of 283,927,601 AVAX coins, and a max supply of 720,000,000 AVAX coins. The token is available on several crypto platforms, including Binance, Bitfinex, and Kucoin.

A Major Player Emerges – Supontis Token (PON)

Supontis Token (PON) facilitates transactions and backs operations on the Supontis platform, an upcoming crypto platform that enables the cross-chain transfer of digital assets across blockchain networks. Some of the blockchains the Supontis platform supports include Ethereum (ETH), Binance Smart CHain (BSC), Fantom (FTM) and Tron (TRX).

Apart from enabling the cross-chain transfer of crypto across blockchain networks, Supontis will also facilitate staking.  Staking tokens on the Supontis platform will allow users to receive a portion of the income it makes,

Supontis Token (PON) goes on presale in the coming weeks and contains mouth-watering bonuses and incentives. An example is the 18% additional token bonus that comes with purchasing PON with Ethereum (ETH). Find out more details on Supontis here.

Supontis Token (SUP)