• Bitget Token (BGB) drives scalability with discounted fees, staking rewards, and efficient handling of high transaction volumes.

  • Helium Network's HNT powers decentralized IoT networks, offering reliable connectivity with over 300,000 access points globally.

  • FTX Token (FTT) streamlines trading with reduced fees, leveraged tokens, and a buyback strategy maintaining value for active traders.

As the crypto market braces for volatility, some altcoins could lead to substantial losses. Tokens like BGB, HNT, and FTT may struggle to retain value amid shifting market dynamics. Selling these assets now might be crucial to avoid significant financial setbacks in January 2025.

Bitget Token (BGB) Drives Scalability

Current price: $5.57

Market cap: $11.90B

Bitget Token (BGB) supports the Bitget exchange's growing platform, offering discounted trading fees and access to unique features like the Copy Trade product. Scalability is a key feature, ensuring high transaction volumes are handled efficiently. The token also grants early access to launchpad projects and staking rewards, fostering user loyalty while positioning Bitget as a major player in derivatives trading.

Helium Network(HNT) Token Offers Unique Utility

Current price:$6.09

Market cap:$1.06B

Helium Network's HNT token enjoys great coverage through the IoT ecosystem and is especially noted for its application in decentralized wireless networks. With over 300,000 access points, the giant IoT network of Helium ascertains that connectivity is secure and reliable. Investors looking to invest in HNT tokens can purchase them on exchange sites or mine them, which uniquely positions the token within the web3 space.

FTX Token (FTT) Offers Diverse Features for Traders

Current price:$3.79

Market cap: $1.24B

FTX Token (FTT) is an ERC20 token that works as the official token for the FTX exchange .Key features of FTX include its centralized collateral pool and stablecoin settlements, which streamline trading processes. FTT facilitates reduced trading fees, supports leveraged tokens, and provides staking benefits. Leveraged tokens, in particular, offer traders the ability to take positions with leverage without traditional margin trading, enhancing market accessibility.

The platform also employs a buyback and burn strategy to manage FTT’s value, allocating portions of trading fees, reserve funds, and other commissions for token repurchases. This mechanism has helped maintain demand for FTT among active users of the platform.

The post Sell These Altcoins Now To Prevent Huge Losses in Early 2025 appeared first on Crypto News Land.