Since cryptocurrency has shown to have a high degree of volatility over time, smart investors know not to put their entire life savings into it. Even if the overall cryptocurrency market has been in a downward trend for a while, some tokens are still profitable for crypto traders and investors.
While some traders and investors are liquidating their holdings, others see this bear market as an opportunity to invest by purchasing tokens with promising futures and holding for a long time, which would result in some substantial gains by the time the negative cycle is through. Simply put, when the bull market finally comes around, you would have made significant gains if you had invested in cryptocurrencies during the bear markets.
As a result of the present bear market in cryptocurrencies, knowledgeable investors have the chance to buy very valuable crypto-assets for less money. 1inch Network (1INCH), and Metamortals (MORT) are bargain tokens to stock up on during this market phase. Keep reading to learn more about these cryptocurrencies and their remarkable features.
1inch Network (1INCH)
To give its members the best rates and lowest costs for their trades, 1inch Network (1INCH), a DEX aggregator, gathers several liquidity providers from the cryptocurrency market. The acquisition of liquidity and yield is made easier by this cryptocurrency platform. With the help of a pathfinder algorithm offered by 1inch Network, users can search for yield and liquidity on various blockchains, including those of Ethereum (ETH), Avalanche (AVAX), and Polygon (POLY) (MATIC).
One advantage of adopting the 1inch network is that there are zero expenses. There are no exchange costs, deposit costs, or withdrawal costs. Users only pay fees when using decentralized exchanges to provide trade liquidity, and 1inch takes every attempt to keep these fees to a minimum by employing “Infinite Unlock” and CHI Gas Tokens.
The protocol gives customers a wide range of options to help them maximize the yield from different pools. You can primarily earn 1INCH tokens by adding liquidity to the 1inch liquidity network. Staking digital assets that other users can utilize to conduct transactions is required for this. This method can also be used to earn other coins. Tokens for 1INCH can also be traded. There are 1.5 billion 1INCH tokens in circulation, with 30% going to the 1INCH community.
Metamortals is forming a niche that is distinct from the current, widely prevalent NFT gaming environment. By merging these actions with play-to-earn gaming, it simplifies decentralized financing. Since MORT is a part of a multichain ecosystem, it can be used with a variety of networks. MORT originally existed as a BEP20 token based on the Binance Smart Chain.
Users can transfer their tokens from one network to another via the cross-chain bridge that Metamortals is providing for them. In the cryptosphere, interoperability has advanced past the stage of isolation. Users will be able to exchange their tokens based on BSC for tokens based on Ethereum using the cross-chain bridge.
The goal of the new cryptocurrency is to lower the entry barriers into the lucrative play-to-earn market by offering free in-game starter items to boost player engagement and in-game revenue. The cost of typical play-to-earn regimens makes them challenging to join. Some of these standard play-to-earn protocols’ minimal requirements run into the thousands of dollars, which average users find pricey.
By allowing users to earn the same cryptocurrency in several games, Metamortals gives them real-time value and increases their chances of winning big. With the help of Metamortals’ incubating mechanism, new crypto platforms can receive money to build their architecture. It serves as a link between forward-thinking cryptocurrency entrepreneurs and possible investors with free capital. Members of the community can choose to invest in the tokens of cryptocurrency startups in the hopes that their value will rise in addition to taking pleasure in the fantastic games.