In a rapidly growing market, a range of platforms have established themselves as central players in the cryptoverse, whilst others are just entering the scene. Will the newcomers be able to match the success of more reputable cryptos?
Decentraland (MANA)
The 33rd most popular cryptocurrency, according to CoinMarketCap, is the constantly evolving virtual reality platform Decentraland (MANA). They just recently hosted the thrilling Metaverse Fashion Week, which allowed visitors to purchase fashion brand NFTs using the official cryptocurrency (MANA) of Decentraland. The exciting event was entirely free for all users.
Decentraland (MANA) offers users an array of VR experiences – gameplay, simulations, events, collaborations etc. Users can wander through magnificent scenes and experience incredible artwork, and can even create their own using the easy-to-use builder tool provided. More advanced tools are also available so that experienced users can create applications and games for other users to enjoy.
The platform’s economy is self-sustained; their native token MANA, which is built on the Ethereum blockchain, is used to buy all forms of items on the Decentraland marketplace.
Aave (AAVE)
Aave (AAVE) is a community-run and entirely decentralised protocol that currently has 107,663 token holders.
Following their V3 upgrade which went live on March 16, Aave’s token has seen a significant surge of almost 97%. The overall trust in Aave’s protocol has greatly increased due to their commitment to high security, the development of their decentralised system, and their promise to attain financial efficiency.
According to the director of cross-chains solutions EVODeFi, Egor Volotkovich, the main reason for an increase of trust in Aave (AAVE) is that new features have been added that encourage a seamless flow of assets between Aave v3 markets over different networks, and ultimately has resulted in their sudden growth during March.
Logarithmic Finance (LOG)
Logarithmic Finance (LOG) is a next-generation Layer-3 trading protocol designed to make communication between early-stage inventors and investors as simple as possible. This cryptocurrency has a secure, non-custodial, and cross-chain ecosystem that allows users to buy money on whichever blockchain network they desire.
This attractive new cryptocurrency has a number of remarkable features, including a secure code system that only keeps critical data on the blockchain in order to keep gas expenses low. Logarithmic Finance (LOG) have also created an NFT Swap in which LOG token holders get exclusive access to NFT auction capabilities. This means that project creators can get paid in both stablecoins and cryptocurrency for their NFTS.
Those looking to invest in crypto should also keep their eyes peeled for an ambitious blockchain protocol in its first stage presale: Acranup (ACRN). Their mission is to build a thriving decentralised ecosystem run solely by its members. As stated in their whitepaper, Acranup (ACRN) believe that in the current crypto market there is an unhealthy reliance on US dollars, and so they seek to create their own virtual currency supported by cryptocurrency rather than the US dollar. Â
Keywords: Decentraland, MANA, Aave, AAVE, Logarithmic Finance, LOG, Acranup, ACRN
For more information see below:
https://presale.logarithmic.finance/
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 adviceÂ
Source: https://cryptodaily.co.uk/2022/04/fastest-rising-cryptos-for-april-decentraland-mana-aave-aave-and-logarithmic-finance-log