Why Ethereum Classic (ETC), Privesecure (PRSC), and Stellar (XLM) May Be Worth Buying Despite The Crypto Crash
The 2022 crypto market crash isn’t new to many crypto enthusiasts and traders. There have been previous case studies of bearish markets that have lingered for so long. Popular examples include the 2017 crypto crash and the crypto crash 2020. Privesecure (PRSC) news…
The crypto market can be very speculative and volatile, with the potential of an upturn in the twinkle of an eye. Regardless of the market situation, a good crypto merchant understands the importance of stacking up coins following their collapse before they hit a bullish trend. This appears to be a promising way of making potential gains in an uncertain crypto market.
In this article, we will be discussing 3 potential coins that could be worth buying before the bullish market kicks in. They are Ethereum Classic (ETC), Stellar (XLM) and a new cryptocurrency — Privesecure (PRSC). Let’s get into it.
Ethereum Classic (ETC)
Ethereum Classic (ETC) is an open-source network executed in a public Ethereum Virtual Machine (EVM) and supports an altered version of the Nakamoto Consensus.
$ETC was first released in 2015. The token was birthed following a hard fork on the Ethereum network experienced in the aforementioned year.
This fork caused the splitting of two distinct networks, Ethereum (ETH) and Ethereum Classic (ETC). The former being the more popular one, is sometimes confused with Ethereum Classic, however, both are very distinct.
$ETC is used to power smart contracts and transactions on the Ethereum Classic network. Additionally, $ETC is deflationary with a fixed supply of 210,700,000 coins, which undergoes regular burning to keep its value afloat.
$ETC is also one of the easiest to mine as it doesn’t need as much computing power as Bitcoin and Ethereum.
Stellar (XLM) (also called Lumens) is a blockchain network aimed at connecting financial institutions on the blockchain. It strives to make the creation and trade of all digital forms of currency possible and easy.
Stellar (XLM) ranks in the top 25 cryptocurrencies with an impressive market cap of more than 2.7 billion USD at the time of writing.
There are predictions from analysts speculating that $XLM is among the next big cryptocurrencies in the next 3 to 4 years. This makes the coin a potential long-term investment to monitor.
The recent downtrend of the XLM token following a bearish crypto market has reduced its value from an all-time high of nearly 1 USD in 2018 to below 0.2 USD. At this price, traders or holders could get over 80x the value of their entry prices if the market becomes favorable.
Privesecure (PRSC) is a cloud-based blockchain network that is partaking in the data revolution with cloud data and open sourcing.
It uses $PRSC as its native coin to revolutionize the cloud storage industry. The Privesecure team is all for transparency, improved cybersecurity and open-source data on the blockchain network.
It’s an open-source protocol that adopts a self-healing replication system that reproduces files and removes all blemishes that might occur during data transmission.
$PRSC will be pivotal in spearheading and driving Privesecure’s ecosystem, providing room for future developments, and incentivizing the platform to encourage more liquidity and adoption in the DeFi space.
These tokens listed here all have the potential to skyrocket following a positive market trend. Additionally, they have the potential to be future gem coins with the capacity to expand and support more DeFi developments and utilities, making them interesting assets to consider.
While $ETC and $XLM are popular tokens disrupted by the bearish market, Privesecure (PRSC) is still a promising new cryptocurrency with a higher potential to spike after presales.
In its ongoing presale rounds, you can join the Privesecure ecosystem by buying the PRSC token at a discounted price.
Find out more about Privesecure (PRSC) using the links below: