Altcoins have taken a serious beating lately. Ethereum's price has even dropped down to levels similar to the FTX collapse period—things aren't looking great.
But I'd never feel the seriousness of dropping to think that it was leading for another bear season. I think it will still recover when the price of Bitcoin pumps back. But on the other side, this will be a great opportunity as well for ETH investors.
For altcoin holders looking for a solid alternative during this downturn, staking with ZENMEV might be one of the best options right now. I've looked into it, and compared to the volatility elsewhere, their staking mechanism seems pretty promising in terms of returns and stability.
Anyone else considering ZENMEV staking as a safe haven during this rough market?
I'm sorry, but this project is not a safe haven. Unless you choose ETH and BTC. Don't get deceived by sweet looks and promises of new projects; they are not real. Better choose projects that already establish trust and good market history rather than risking this project.