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Blockchain protocols like Cardano (ADA) and Cosmos (ATOM) have proven their long-term sustainability by experiencing meteoric price surges on their way to the top. As a result, now is a good time to invest in both of these cryptocurrencies because of the steep discounts.
But the bear market offers similar chances for savvy investors who can spot similar ventures, and The Hideaways (HDWY) is quickly becoming the clear frontrunner.
In the wake of Ethereum's (ETH) success, another layer-one smart contract platform, Cardano (ADA), has emerged as a significant challenger. Users can complete their transactions quickly and with near-instant finality on the Cardano (ADA) platform, which is scalable, efficient, and safe. The Cardano network uses the ADA coin for staking, DeFi, and voting purposes.
Now trading at $0.4 and up 5% in the last 24 hours, Cardano (ADA) is gaining steam, making it a promising investment for 2022.
Similar to Cardano (ADA), Cosmos (ATOM) is a protocol created to address the persistent interoperability problem between diverse blockchain environments.
The Cosmos (ATOM) token was created to serve as a universal currency that can be traded between different systems. Cosmos (ATOM) can also be scaled to meet the demands of a growing user base and investor base.
Cosmos (ATOM), the platform's native coin, serves several purposes, including staking, DeFi, and administration. Purchasing Cosmos (ATOM) now could be a great bargain at only $13.
Both Cardano (ADA) and Cosmos (ATOM) are good investments that will yield respectable returns, but they will NOT experience another run similar to their recent parabolic surges.
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