Cryptocurrency is an invention that has significantly transformed the ancient technology of money. By changing the fundamental design to one in which all participants are treated equally. All transactions are entirely decentralised, which thus provides true ownership to all decentralised finance (DeFi) investors.
To increase your chances of becoming crypto “rich”, here are three reliable altcoins in which you can have confidence in… Cardano (ADA), Cronos (CRO), and Logarithmic Finance (LOG).
In general, the fundamentals of blockchain technology enable individuals to make strategic investments by purchasing and holding tokens over a long period. DeFi investing is extremely volatile in the short term, but it has great long-term growth potential.
Overall, cryptocurrency accounts for almost 83% of young millionaires’ fortunes. So it’s logical for one to conclude that this new technology of money can help people from all over the world to create their own financial success.
Cardano (ADA)
Cardano (ADA) is a proof-of-stake (PoS) blockchain platform with the mission of empowering “changemakers, inventors, and dreamers” to make a positive effect on the world.
Moreover, after Coinbase opened its staking capabilities to Cardano, ADA achieved its highest level since mid-February. Additionally, the annual percentage yield (APY) on staked Cardano will be roughly 3.75% and after an approximate 20 day holding period, users will obtain advantages on a weekly basis.
In terms of its longevity, ADA has shown exponential long-term growth. For example, not long ago, it surged by about 10% in just one day. Furthermore, its entire value has increased by $50 million in one week, reaching an all-time high of $160.79 million.
Overall, ADA is a scalable, secure, and efficient cryptocurrency. As a result, it has built its reputation as a valuable investment that will most likely provide investors with great profit.
Logarithmic Finance (LOG)
Another prominent example of a crypto you can trust is Logarithmic Finance (LOG), which is currently in presale and on the rise. It represents a next-generation Layer-III switching protocol that was engineered to allow early-stage inventors and investors to communicate smoothly.
Regarding their unique vision, the LOG team is determined to further improve and entirely decentralise liquidity auctions and fundraising. The Logarithmic Finance (LOG) platform intends to integrate with some of the largest and most well-known blockchain networks.
This includes Binance Smart Chain (BNB), Polygon (MATIC), Avalanche (AVAX), Tezos (XTZ), and Solana (SOL), among others. In doing so, it establishes interoperability. Therefore, making it a useful tool for crypto enthusiasts.
LOG is the Logarithmic Finance’s governance and utility ERC-20 token, and holders will be entitled to a variety of perks, including but not limited to the following:
- Governance rights
- High yield investment
- Staking rewards
- Exclusive pools access
- Discounts and many other incentives
On an important note, an effective strategy to help you become crypto successful is to invest in worthwhile projects whilst they are in their early stages. This is since investors will be able to increase the likelihood of receiving heaps of benefits by only investing a small initial investment.
To conclude, this is an emerging gem in the crypto space – purchase LOG tokens and watch the figures boom at an incredible rate over time.
Cronos (CRO)
Last but not least, Cronos (CRO) is an EVM (Ethereum Virtual Machine) compliant chain that was launched in November 2021. It’s the first DeFi, NFT, and metaverse Cosmos EVM chain.
In summary, CRO can execute more transactions per minute than Ethereum, making smart contract execution faster, cheaper, and greener. Its price in value is expected to zoom from $0.399 to $3 by the end of 2025, according to TradingBeasts. Thus, illustrating that it’s a DeFi project that you can be confident in.
Enter Presale: https://presale.logarithmic.finance/
Website: https://logarithmic.finance/
Telegram: https://t.me/LOGARITHMIC_FINANCE_OFFICIAL
Twitter: https://twitter.com/LOGARITHMIC_FI
Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
Source: https://cryptodaily.co.uk/2022/04/why-not-become-crypto-rich-choose-cardano-ada-cronos-cro-and-logarithmic-finance-log