FTX Token, Aave and Big Eyes Coin: 3 of the Next Cryptos to Boom After Crypto Winter
The crypto winter introduces volatility to the cryptocurrency markets. Although prices are generally low, there will be periods of brief token price spikes, which may attract some investors to certain projects. Investors are advised to remain firm during this period and stick to their investment strategy.
Additionally, it is important for investors to protect their capital from liquidation, as this is what will allow them to capitalize on future opportunities. To clean up their portfolios, investors will need to analyze the returns of each token and remove the underperforming ones.
They can then reallocate the capital to those who have performed well for future benefits. Additionally, they can look for small cap coins with strong fundamentals and good tokenomics to add to their portfolios.
FTX Token (FTT), Aave (AAVE), and big eyed room (BIG) are three of the next crypto sets to explode this crypto winter. These three projects have the right indicators for the purchase. They are small cap with solid fundamentals and quality use cases for the crypto community. Here’s what you need to know about these projects.
FTX Token (FTT) – Transparent and scalable transactions
FTX Token (FTT) is the engine of the FTX exchange. FTX is an exchange designed to allow crypto traders to trade crypto derivatives. Sam Bankman-Fried founded the platform in 2019 and has become a major player in the crypto derivatives exchange.
FTX was created because Sam discovered that there were no exchanges with expert trading tools to transact in the crypto market. The exchange gives traders access to these tools and provides them with a transparent trading platform.
FTX launched FTT, its native token, to improve the utility of its exchange and create transparent transactions. The token performs various functions in the exchange and now plays an important role in the exchange.
FTT serves as a settlement layer by consolidating all funds in one place for easy access. Moreover, FTT is a leveraged token allowing traders to trade any digital asset on the exchange. The FTT token is supported by massive use cases with a high level of activity on the exchange. Users who hope to benefit from the FTX exchange must load FTT tokens.
Aave (AAVE) – The DeFi protocol used by the masses
Aave (AAVE) is a decentralized exchange (DEX) that allows users to borrow and lend crypto assets. The protocol is a multi-chain platform that supports tokens from different blockchains. Users post collateral and pay fees to access the protocol’s liquidity pools.
Additionally, Aave allows users to access various crypto tokens as it is a multi-chain protocol. Additionally, the protocol uses an AMM to allow users to borrow or lend tokens into liquidity pools controlled by smart contracts. Users who fund pools of liquidity are called liquidity providers.
AAVE is the governance token of the protocol. Those with AAVE tokens can vote on all proposals for protocol changes. The DAO has full control over the execution of the proposals put forward, removing the importance of a centralized decision maker. In addition, borrowers on the Aave protocol can use AAVE to reduce borrowing fees from liquidity pools.
Big Eyes Coin (BIG) – One of the fastest growing communities in crypto
Big Eyes Coin (BIG) is a community token inspired by Japanese aesthetics. The project is designed to grant users greater access to DEFI by providing liquidity to the DEFI ecosystem. Additionally, Big Eyes Coin will reduce barriers to accessing decentralized finance by simplifying the process and removing any abstraction from the equations.
Big Eyes Coin is committed to remaining a community project, and as such will make 90% of Big Eyes Coin available for purchase at launch. Big Eyes coin holders will find it easier for their users to access various benefits within the DEFI ecosystem.
The Big Eyes Coin project has got off to a great start as it has so far raised over $1 million in the first week of its presale launch. These funds will go towards the development of the project and also show the demand for the token. You can become a pioneer member of the project by purchasing tokens in the current presale.
Big Eyed Coin (BIG):