As the market continues to recover slowly, crypto investors should remain vigilant. Keeping a watchful eye on the market would enable them to spot opportunities when they present themselves. The bear market provides multiple opportunities for investors to purchase tokens at a low price and reap the rewards when market prices become much more favorable. Not all crypto tokens are worth your time which is why you need the right framework to understand how the project works and how it affects the token prices. When researching a crypto project, the fundamentals, user activity, and tokenomics will help you better understand the project. Furthermore, it will protect you from purchasing crypto tokens with a high probability of going to zero. Using these research principles will help investors better understand how to value projects in the market.
Three crypto projects with potential are Bitcoin (BTC), BNB (BNB), and Seedilium (SED), and you should be watching them. They have solid track records and will tick all the boxes for being quality projects. Additionally, the projects have strong fundamentals and superior use cases. Here is a more detailed breakdown of each project and what they entail.
Bitcoin (BTC) – The OG Crypto
Bitcoin (BTC) is the first cryptocurrency ever to be launched. The project was launched in 2009 by an individual or group of individuals using the pseudonym: Satoshi Nakamoto. The Bitcoin Whitepaper detailed how Bitcoin and the blockchain will aid in creating censorship-resistant money. This digital money would be used for transactions on the internet. Furthermore, Bitcoin would be a peer-to-peer network facilitated by nodes run by validators. These nodes will use a Proof of Work system, giving them hard questions that must be solved within 10 minutes for new blocks to be formed.
BTC is the utility token of the network, and it will be used for transactions or as a store of value. Additionally, users will send and receive their tokens using cryptographic wallet addresses secured by seed phrases.
BNB (BNB) – The Utility Token Of Binance
BNB (BNB) is the utility token of the Binance Smart Chain (BSC). The blockchain is owned by Binance, which is the largest cryptocurrency trading platform by volume. The blockchain was launched as a faster, cheaper, and better alternative to existing blockchains. As a utility token, BNB has multiple uses within the Binance Smart Chain ecosystem. Binance has built the blockchain to allow developers to get more out of their crypto projects. You can stake the BNB token to earn rewards and also use the token to pay for blockchain transactions. BNB burns half of the fees received from transactions as proposed in BEP-95, modelled after the Ethereum (ETH) EIP-1559 proposal.
The BNB token is at the centre of the Binance Smart Chain Network. With BNB, users can experience a new way to use the blockchain through its secure and cheap network. Developers can also enjoy the various benefits of the Binance Smart Chain when they deploy contracts on the blockchain. BNB will increase user access to the blockchain and the crypto ecosystem.
Seedilium (SED) – The Decentralized Exchange
Seedilium (SED) is a decentralized exchange that hopes to increase users’ access to various services on its platform. The DEX would allow users to transact faster, pay lower fees, and have better security when transacting. Seedilium will also facilitate the trading of crypto assets on its platform by giving them access to derivatives and other types of trading. Additionally, Seedilium will play a big role in the remittance market as it would allow more users to send and receive money without any stress. This would make it easier for new users to be brought into its ecosystem.
The SED token will be used to facilitate transactions on the platform, and it will allow users to participate in its ecosystem. You can become an early project member by joining the ongoing pre-sale. You can earn bonuses for making purchases and referring your friends to purchase SED tokens.
Seedilium (SED)
Presale: http://seed.seedilium.com/
Website: http://seedilium.com/
Telegram: https://t.me/SeediliumOfficial