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The ongoing bear market, which began this summer after crypto markets collapsed alongside global financial markets, shows no signs of abating. The ongoing bear market is responsible for some of the major events in cryptocurrency over the past few months, some of which are sure to leave lasting effects on the industry. One example is the wave of staff layoffs among major crypto platforms such as BlockFi, Coinbase, and Gemini. Senior officials at these companies say the reason for the drastic measures is purely insurance-driven. In retrospect, these layoffs seem well thought out as conditions within the industry continue to deteriorate.

Despite this, in-depth market analysis shows that some altcoins are doing relatively well in the market, all things considered. There is a significant possibility that these altcoins will explode amid deteriorating market conditions. In this article, we take a look at three altcoins that fit the bill. Here is everything you need to know about Chainlink (LINK), Uniswap (UNI) and Privatixy Protocol Token (PXP).

Introducing the New Cryptocurrency Privacy Protocol (PXP) Token

Privacy Protocol Token (PXP) is the native cryptocurrency of Privatixy Protocol, an open-source protocol that provides a wide range of privacy-preserving solutions to an industry otherwise absent in this space. The privacy protocol emphasizes the adoption and usability of decentralized technology. The Privatixy protocol will serve as the backbone of blockchain technology and the cryptocurrency industry with its many remarkable features, such as providing access to alternatives to privacy-invasive services.

PXP plays a vital role in the operation and ecosystem of the privacy protocol. With the token presale in the coming weeks, it could be a viable long-term cryptocurrency investment. Early investors can earn an additional 6% symbolic bonus for purchasing PXP in the first stage of its pre-sale. For more information on PXP, click here.

Chainlink shows significant promise

Chainlink (LINK) is a blockchain abstraction layer that enables universally connected smart contracts. Chainlink (LINK) achieves this through a decentralized oracle network, which enables blockchain networks to securely interact with external data streams, events and payment methods and provides critical off-chain information including complex smart contracts. need to become the dominant form of digital tuning. Its native cryptocurrency, the LINK token, is integral to its operation and ecosystem.

LINK is one of the top 30 cryptocurrencies by market cap, with a live market cap of $3,166,827,528, a circulating supply of 469,099,970 LINK coins, and a max. supply of 1,000,000,000 LINK coins. The token facilitates payments, transactions, and staking on Chainlink. Staking allows LINK holders to secure the network in exchange for rewards and is a new feature on the Chainlink platform.

As a top 50 crypto by market capitalization, LINK is available on several major crypto platforms such as Huobi Global, Coinbase Pro, Gate.io, and Kraken.

Uniswap (UNI) – Don’t Forget This Classic

Uniswap (UNI) is a well-known decentralized finance (De-Fi) protocol in the cryptocurrency industry. Like many De-Fi platforms, Uniswap (UNI) is renowned for enabling automated trading of crypto tokens. Unlike traditional exchanges, Uniswap (UNI) seeks to make token trading automated and fully open to anyone who holds tokens. Additionally, it creates more efficiency by solving liquidity problems with automated solutions and avoiding problems that plagued early decentralized exchanges.

Its native cryptocurrency, UNI, is an integral part of all operations conducted on the platform. UNI facilitates payments, transactions and other crypto-related activities. Ranked among the top 20 cryptocurrencies by market cap, UNI is available on a plethora of crypto platforms, including Binance, Huobi, Coinbase Pro, Uniswap (V2), and Uniswap (V3).

Disclaimer: This is a paid version. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of the information available in this content. Do your research and invest at your own risk.



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