Avalanche (AVAX), Aave (AAVE), Runfy (RUNF):
The bear market was launched into full gear by the collapse of Luna and the subsequent cascading liquidations that followed. As the global markets such as the forex, bond, and stock market reel from the price shocks, investors are scrambling for ways to protect their capital.
The bear market has no set time or expiration date, so what are the best ways to navigate the market and position your portfolio appropriately? This question plagues the mind of all crypto investors as they try to find safe ways of navigating the market. To better position your portfolio, you must remember capital management is important. Never invest recklessly during the bear market; always ensure that you conduct due diligence before investing in any projects.
Some investors will use this bear market to hunt small-cap gems that are trading below their market value and purchase them. Avalanche (AVAX), Aave (AAVE), and Runfy (RUNF) are three crypto tokens investors should be watching in this bear market. These projects are creating new paradigms in the crypto space and better ways to do old things by providing solid use cases.
Avalanche (AVAX) is a low-fee, environmentally friendly, and fast blockchain. It was created to boost the performance of smart contracts and improve the deployment process. Avalanche is the fastest “time to finality” smart contract platform. Developers can build dApps on the Avalanche mainnet launched in September 2020. Developers are incentivized to build smart contract projects on the Avalanche network because of its speed and relative cheapness.
AVAX is the utility token of the Avalanche network and performs various functions within the Avalanche ecosystem. AVAX can be used for staking, securing the network, paying fees, and connecting multiple subnets within the blockchain. AVAX token supply is hard capped to maintain and stabilize its price. As a result, Avalanche is creating an ecosystem where developers can create fast, cheap, and easy-to-use projects at a fraction of the cost and time.
Aave (AAVE) is a decentralized exchange that allows users to borrow and lend crypto tokens. On the protocol, lenders can deposit their crypto into liquidity pools while borrowers use their crypto as collateral to take out leveraged loans. Borrowers pay fees when they take tokens out of liquidity pools. On the other hand, lenders receive a share of the fees borrowers pay when they use the pool. This share is proportional to how much liquidity was contributed to the pool.
AAVE is the protocol’s governance token, giving its users the right to vote on decisions regarding the protocol. In addition, borrowers can use the AAVE token to reduce the fees they have to pay when they borrow from liquidity pools. Aave is a project investors should watch keenly. Aave operates a DAO model which controls all the actions on the platform. Additionally, its decentralized nature means any crypto user can access it anytime.
Runfy (RUNF) is a blockchain health platform that incentivizes users with crypto. The web 3 project is a gym membership that pays back users over time. Runfy will tackle the problem of obesity by rewarding users with crypto for exercising. It has created a fitness metaverse where its community can benefit from its rewards. It is built on the Binance Smart Chain, and the RUNF token is BEP-20 compliant. Runfy is comprised of two metaverses named RunfTR and RunfShop. In RunfTR, users can set their training goals and earn crypto rewards as they reach milestones.
You can partake in the ongoing token pre-sale to be a part of this blossoming ecosystem. There are bonuses you can win by getting in early. For example, get a 15% bonus when you purchase RUNF with ETH. Additionally, you get 20% and 22% bonuses for purchases made with BNB and USDT on the TRC-20 network, respectively. Finally, remember that bonuses can stack, so join the pre-sale today.