As the cryptoverse grapples with an unprecedented bear market, many investors and traders have begun to seek alternatives in new coins and altcoins with stable uptrends in cryptocurrency prices. Dash (DASH), Tezos (XTZ), and Zompot (Zompot Token) are few among the coins on the radar of many crypto traders, and we think you should check them out as well.
Let’s talk about the coins and what they offer you.
DASH is the native cryptocurrency for Dash, an open-source blockchain network primarily for everyday payments in the cryptocurrency market. Initially called “Xcoin,” this token launched in 2014 and was officially rebranded as “Dash” in March 2015. Its primary objective at launch was privacy and anonymity, but with time this token repurposed its goals to become a universal medium for daily transactions.
DASH thrives on the growing demand for borderless, private, quick, and cheap payment processing. Today, it is a payment partner with more than 10,000 online retailers and merchants, having deployed more than 250 Dash-enabled ATMs in Europe and the Americas. DASH is an inflationary token with a supply cap of 18.9 million tokens.
According to CoinMarketCap, as of the time of writing, DASH is $41.59. It is one of the top-performing cryptocurrencies in the cryptocurrency market, where bigger coins grapple with crypto collapse.
Tezos (XTZ) is a blockchain network linked to a digital token, a “tez” or a “tezzie.” Unlike most cryptocurrencies, Tezos is not based on the mining of tez; instead, token holders get a reward for taking part in its proof-of-stake consensus mechanism.
A distinguishing feature of Tezos is its governance. While most early blockchains rely on development teams and mining communities, Tezos builds the decision-making process into the users’ network. As a corollary, Tezos creates incentives for user participation in the core development process, thereby democratizing the development process and decentralizing maintenance.
Tezos (XTZ) has been described as a self-amending cryptocurrency ledger that can upgrade itself using a functional module that can offer new functionality without a hard fork or split in the blockchain. It is an open-source blockchain that supports NFTs.
In its presale in 2017, Tezos raised a record $232 million, making it one of the most successful ICOs ever. According to CoinMarketCap, at the time of writing, XTZ is trading at $1.60, having maintained a remarkable degree of stability after the crypto collapse.
Zompot (Zompot Token)
Zompot (Zompot Token) is a Binance Smart Chain-based token that stimulates a platform committed to providing safe and secure investment options. This was developed to ensure the ecosystem’s stable, reliable, and low transaction fees.
The platform’s vision is to build a stable and reliable platform safe for investors while guarding them against the shortcomings of the traditional financial markets. This way, your investments will always be protected against inflation in a platform that ensures fast and secure transactions.
Zompot token offers protection against inflation through strategic planning and offers various mechanisms to cap supply and act as a hedge against inflation. This way, inflation or the general plunge in cryptocurrency prices will have only minimal effects on your token.
Zompot token is also designed to function in the metaverse, while the platform will also enable users to trade and earn metaverse cryptocurrencies. The Zompot team believes that the ability to purchase, sell, and keep goods in the metaverse market has the capacity to unlock wealth for its users. As such, Zompot (Zompot Token) aspires to become a major cryptocurrency that could be used to purchase items, pay for services and invest in the Metaverse.
The Zompot token is designed to be simple, comfortable, and secure and features the most advanced mechanisms to ensure the confidentiality, integrity, and availability of information. The token emphasizes privacy by unlinking transactions from the payment’s origin using the DAP scheme that allows users to pay each other directly and privately, hiding the payment’s origin, destination, and amount. So if you’re looking for one of the most secure and safe investment options, you should definitely jump on the Zompot token.
As the Zompot team gets ready for the presale, you should too. Once the presale launches, buy as many Zompot tokens as you can, and you’ll be making one of the best cryptocurrency decisions of your life.