Zig Network (ZIG) is one of the latest participants within the crypto space and it plans to create a niche in the DeFi ecosystem. It is a new kind of investment model with a revenue sharing protocol. Zig Network (ZIG) delivers a platform where users are rewarded directly with fees generated on the network. This attracts crypto investors interested in VeChain (VET) and Thorchain (RUNE).
These two established coins have been a very unstable ride when it comes to the market price. This is where Zig Network (ZIG) has succeeded in offering investors an alternative avenue in which they can invest, diversify and receive passive income.
VeChain’s Performance Concerns and Market Sentiment
VeChain (VET) is known for its innovations in supply chain technology and it has been facing some price challenges recently. Its tokens are currently trading below $0.023. Although there’s been a small 0.5% recovery, VeChain (VET) is still down 7.6% for the month and 20% for the past quarter. Analyst RichBitLord says that these changes are normal market moves and also points out that VeChain (VET) is still in a strong upward trend. If it stays above its key support level, VeChain (VET) could be set for a positive rebound.
On the other hand, Zig Network (ZIG) offers an interesting alternative for investors who want to look past typical market ups and downs. With a unique revenue sharing approach, Zig Network (ZIG) has attracted investors interested in earning passive rewards, differing from VeChain’s dependence on traditional market trends.
Thorchain (RUNE): Riding the Breakout Wave
Thorchain (RUNE) recently broke out of a consolidation phase with a strong push from buyers, signaling a renewed interest in the coin. The token has climbed 4.4% following the breakout, showing robust performance and placing it among the top crypto gainers. If Thorchain (RUNE)’s upward trend holds above previous resistance levels, it could continue gaining, potentially providing new entry points for optimistic traders.
However, for those looking for long term income generation, Zig Network (ZIG) presents a unique alternative. While Thorchain (RUNE)’s price movements can lead to gains, Zig Network’s structure allows users to earn via the network’s fee revenue, appealing to investors seeking more consistent returns.
Zig Network (ZIG): A Revenue Sharing Blockchain Revolution
Zig Network (ZIG) is a new DeFi player committed to reshaping blockchain investment through revenue sharing and passive income. With a decentralized governance model, users actively participate in decision making while earning from transaction fees. The Zig debit card enables real world spending directly from token balances, enhancing usability.
In addition, liquidity for Zig Network (ZIG) will be locked permanently and team tokens are secured for four years, underscoring the project’s dedication to security and transparency. With an audited smart contract by a third party and an easy to use staking mechanism, Zig Network’s innovative approach positions it as a potentially high growth asset in 2024.
To find out more about the Zig Network (ZIG) use the links below:
Participate in the Zig Network
Read the Zignet Whitepaper
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/2024/10/zig-networks-vision-attracting-vechain-vet-and-thorchain-rune-investors