The key to making decent investments is combining short- and long-term returns. Although it can be challenging to choose tokens that offer huge returns, these three cryptocurrencies, Tron (TRX), Fantom (FTM), and Proprivex Token (PPX), have the potential to boost your investments considerably. If you are intrigued, keep reading to learn more about these cryptocurrencies and their remarkable features.
Tron (TRX)
Launched in 2017, Tron is a blockchain-based decentralized operating system that enables users to build decentralized applications (dApps) similar to those found on the Ethereum blockchain. When Tron (Trx) first launched, its primary purpose was to provide developers and authors of digital material exclusive ownership rights over their works. Tron sought to accomplish this by facilitating direct communication between users of digital material and the authors of it. This guarantees that creators receive payment for their work directly, without the influence of a third party.
Anyone can use the platform to create dApps, freely exchange content, and get digital assets (cryptocurrency) incentives. Tron (Trx) allows digital producers to develop and share material publicly without being constrained by transaction fees or waiting for approval from a third party. The platform’s native medium of trade is the (TRX) token. It primarily serves as a voting token for community members and is used in governance. It presently has a market valuation of $6 billion and is ranked #16 on CoinMarketCap.
Fantom (FTM)
The Fantom network uses its specialized consensus algorithm to offer developers decentralized financial (DeFi) services. The network was established to solve the common issues most smart contract platforms encounter, such as slow transaction speeds. With three functionalities that set it apart from the preceding blockchains, the decentralized open-source platform is an alternative to the Ethereum blockchain. Decentralization, security, and scalability are some of these functionalities. The Fantom network gives developers autonomous control and is more scalable and secure than most blockchains on the market.
Developers can quickly and affordably purchase DeFi products and services from Fantom. It is an unlicensed platform that acts as a stand-in for Ethereum. It is decentralized and guards the network with a proof-of-stake system. FTM is the name of the platform’s native utility token. FTM has rightfully claimed a place among one of the top tokens up to date. Among the many use cases for (FTM), performing network transactions and giving platform governance privileges stand out the most.
Proprivex Token (PPX)
Due to the distrustless nature of blockchain and crypto-assets and the false reputation they have acquired in the mainstream media, most people are hesitant to engage with this technology. To alter how the general public perceives these digital assets, Proprivex is developing an intuitive ecosystem. The ecosystem will make handling various operations with crypto assets easier and provide full-scale security, efficient and secure trade, and staking. Large investors and platform users may purchase the services of hiring seasoned asset managers to look after their investments.
Modern digital asset management tools and secure smart contracts are included with all of these. Proprivex’s primary objective is to make blockchain accessible to all users. Proprivex will enlarge the ecosystem by integrating Non-Fungible Tokens (NFTs). The DeFi and cross-chain technologies will be combined with NFTs for improved usability and use cases.
The tokens and digital assets that Proprivex users and investors currently possess can be used as collateral for loans without needing to be traded. As a result, traders and Proprive users have more options for hedging or trading on other exchange platforms. This can only be done by Proprivex users who possess an equivalent quantity of the tokens they wish to borrow. The ecosystem’s official utility token is PPX, a coin created by Proprivex. PPX tokens will charge and pay for any services on and off the platform.
Source: https://en.cryptonomist.ch/2022/08/23/crypto-boom-2022-tron/