It has been a stressful and tumultuous year for the cryptocurrency industry and its members. As such, the wave of excitement and anticipation within the industry at the turn of the new year comes as no surprise to anyone following the industry closely. The only negative at the prospect of a new year might be that the ongoing bear market may only end after the new year begins.
Even at that, cryptocurrency industry members would not be thinking of that. There have already been reports within the industry of the possibility of a brief bull run at the start of the new year. Many crypto regulars would be looking to take full advantage of this opportunity. The big question remains, what is the best way to achieve this?
Many within the cryptocurrency industry argue that long-term cryptocurrency investing is the best bet. This is because the strategy allows cryptos to vest over a long period and promises massive returns in the long run. This piece suggests three up-and-coming cryptocurrencies that could be fantastic crypto investments ahead of the new year. Here’s all you need to know about Near Protocol (NEAR), XRP (XRP) and Dogeliens Token (DOGET).
Near Protocol (NEAR)
Near Protocol (NEAR) is a popular smart contract-capable blockchain platform within the cryptocurrency industry notable for providing an ideal environment that supports not only decentralized applications (dApps) but also provides feasible solutions to several limitations that competing blockchain systems have struggled with for years. These include low throughput, low speeds, poor scalability and poor cross-compatibility.
The protocol is notable within the industry for its incredible speed and performance and can process 100,000 transactions per second (tps) with a near-instant transaction finality. Its native cryptocurrency, NEAR, supports and incentivizes its ecosystem. It also facilitates all crypto operations within it, such as network governance and payment fees. NEAR stock is listed on several top crypto platforms, such as Binance and Coinbase.
XRP (XRP) is a unique blockchain-based platform within the cryptocurrency industry that provides services that remedy the inefficiency of traditional financial systems like banks. XRP (XR) is renowned for providing a means through which banks and other financial systems can move money faster and cheaper than existing systems. XRP (XRP) is notable for several impressive features and swift transaction times.
It reportedly needs only 3.5 seconds to finalize and confirm a transaction and can also process up to 1000 transactions per second (tps). Its native cryptocurrency, XRP, supports and incentivizes its ecosystem. It also facilitates several crypto operations within it, such as network governance, user interaction and payment fees. XRP stock is listed on several prominent crypto platforms, such as Binance and Coinbase.
Dogeliens Token (DOGET)
Dogeliens Token (DOGET) is an upcoming meme coin attracting a lot of interest within the cryptocurrency industry for several reasons. One prominent reason is its massive supply. The token has received high praise from several crypto analysts who say it can surpass industry-leading meme coins, such as Dogecoin (DOGE) and Shiba Inu (SHIB).
With the bear market in full swing, Dogeliens Token (DOGET) is a cryptocurrency that investors could consider for long-term cryptocurrency investing as the token looks likely to become a valuable asset in the long run. Dogeliens Token (DOGET) is currently on presale and is available for purchase via its website. See more information about the token and its native crypto project here.
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