
How to launch a new Bear-proof cryptocurrency
In the financial market, but particularly related to decentralized finance, the term BEAR is widely known and understood as an investor who interacts with a cryptocurrency betting on its depreciation. These are pessimistic investors who benefit from falling prices and are actually anti-currency investors.
The project to launch a new cryptocurrency goes through many phases of development that, in addition to involving platforms and distribution mechanisms, are considered by those who play an important role in promoting a cryptocurrency. However, the launch of a new cryptocurrency can be fraught with risks, such as the approach of negative investors known as Bears.
In a constantly expanding market such as cryptocurrencies, the bear market is natural, however it is always advisable to know that it is possible to shield yourself from the onslaught of Bears. It’s basically about avoiding common bear market pitfalls and taking advantage of the positive possibilities that a new cryptocurrency launch faces:
Launching an IDO: Or known as Initial DEX offer, it is a crypto fundraising through decentralized exchanges known as DEX. This method is popular with decentralized finance projects, which are looking to make their potential customers part of their project, making a new token robust.
It is important to know the latest trends in the cryptocurrency market, a development team or crypto project must have a specialized promoting agency that knows about new trends and can make medium and long-term projections.
Innovation is a quality in decentralized finance, those cryptocurrency projects that are characterized by their innovation are, in fact, survivors of bear markets, which have a clear picture of the fluctuations and direction of the crypto market.
One of the most promising tactics in launching and promoting a new cryptocurrency project is the integration of NFTs at various stages of its development. It is a tactical solution that gives arms to a cryptocurrency and integrates more value into its ecosystem.
It is essential that a cryptocurrency project be extremely responsible and adhere to the precepts of its roadmap. The cryptocurrency market abounds with fleeting projects, which once they have managed to raise enough money, become virtual ghosts. The resistance and fidelity to the roadmap of a cryptocurrency project is essential so that its gradual progress is proof of speculation, even despite being slow.
The community of a cryptocurrency project is fundamental not only from its foundation but also from the IDO or ICO, but also during the life and different cycles that a project encompasses.
If the launch of a new cryptocurrency has transcendence as a project, it is extremely important that its community is solid and reliable.
The launch of a new cryptocurrency goes through many phases of development, analysis, projection, and strategy, within which your scenarios must be covered. A team of marketing for cryptocurrencies such as the Blue Manakin it is essential to amplify the scope and possible scenarios of a new launch.
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