All 19 countries in the Eurozone have been on rampaging inflation since the beginning of the year. The inflation has spanned from the dwindling economies within the Euro regions and beyond, heightened by the energy crisis influenced by the North and trade wars in the East and West.
The Eurozone reached an all-time high inflation rate of 10.7% — the first it had reached in over 40 years. Its inflation rate steadily rose in more than 12 months, adding an additional 1.8% from what it was in September/October 2022.
Is it time to become intentional about your portfolio? A good crypto analyst will suggest positively. Cryptocurrencies are known to shield against inflation, even though they get hit as well—they can survive extreme inflation rates to provide huge returns for traders.
Big Eyes Coin, a new meme cryptocurrency, dubbed to become the next big cryptocurrency is already making waves you’d never wished you missed out on. Cosmos and Algorand are other cryptocurrencies that could be worth a try. Find out more in this article.
What Is The Market Saying About Cosmos And Algorand in Q4 2022?
The last quarter of the year cannot be any better as Algorand and Cosmos continue to maintain bullish signals. Just recently, a crypto hedge fund purchased both cryptocurrencies, betting on their promising long-term market values as the crypto communities keep hopes high of a potential bullish.
Cosmos is a layer-1 blockchain nicknamed “the internet of blockchains” as it hopes to prompt the interaction of different blockchains across the web. Additionally, Cosmos was designed to scale blockchain networks and create an expansive Web3 ecosystem.
Algorand, on the other hand, has been phenomenal in powering decentralized applications and ecosystems. Just recently, it was announced that Algorand and Cardano are now compatible making it easier to use Algroand protocols on Cardano and vice versa.
Algorand’s ALGO and Cosmos’ ATOM are powerful cryptocurrencies you could hodl for long-term benefits. Their market values, over the years, have withstood high inflation and crypto winters. Short-term hodlers have also been on the profiting side since the last quarter of 2022. Long-term hodlers can only expect the best from ALGO and ATOM.
Big Eyes Coin Could Be What You Need To Rejuvenate Your Portfolio Despite Inflation
Big Eyes Coin, a meme cryptocurrency for cat and pet lovers worldwide, is another cryptocurrency like ALGO and ATOM, that could shield your portfolio from the looming global inflation.
Big Eyes Coin will power a robust ecosystem built for the community and by the community. There will be lots of benefits to joining the Big Eyes ecosystem where Big Eyes Coin will be used as both a utility and governance token. For instance, there is an ongoing competition with rewards worth more than $250k, available and open to Big Eyes Coin holders.
Big Eyes Coin has been stacking up huge numbers in its ongoing presale set to lead the ecosystem into a CEX listing. You can join its fast-growing community by simply buying Big Eyes Coins either through presale or after it has launched on a DEX.
Use code SUSHI189 for bonus tokens.
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
