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NewsBTC 2021-12-14 10:00:30

Safe Cryptos To Invest in During a Crypto Winter

Crypto winters are one of the greatest fears of crypto investors and are predicted to occur in four-year cycles, with the previous cycle occurring in 2018. Moving forth to the year 2021, this phenomenon is believed to have commenced in early November 2021, where massive selloffs of Bitcoin and Ethereum took place as a result of a collective of negative catalysts such as the US Infrastructure Bill, China’s clampdown on Bitcoin mining and the emergence of the Omicron Covid variant, just to name a few. As popular as Bitcoin and Ethereum are, they are still considered as speculative assets by many experts since they are heavily exposed to high-volume trading and market manipulations on major exchanges. Unfortunately, the performance of many crypto sectors and projects closely follows the market patterns of Bitcoin and Ethereum, and thus are not performing well in this crypto winter. Surprisingly, in the midst of this winter, a rising crypto asset class, GameFi, particularly a token such as Jedstar, has been less affected by the effects of crypto winters. In this article, we will reveal how Jedstar intends to shield itself against the negative effects of crypto winters, as opposed to crypto behemoths, namely Bitcoin, Ethereum and Binance Coin, and other GameFi tokens, such as Axie Infinity and Decentraland. Briefly, GameFi is a booming crypto sector that is projected to reach $180 Billion in 2021, with an additional 10% incre...

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