In 2009, cryptocurrencies soared in popularity; since then an abundance of projects have entered the market, with some of them offering huge returns. Here are three cryptocurrencies that could potentially offer similar rewards.
Is CashFi One of the Best Newcomers in the Cryptoworld?
Predicted to be a major representative of the new generation of liquid staking, CashFi (CFI) is an integrated platform which will adopt a qualitative technique for off-chain systems while allowing on-chain interoperability.
To facilitate a seamless value exchange, the platform uses an ecosystem of multi-chain Web 3.0 products designed to stimulate global liquidity. CFI Synths will provide users with access to an array of commodity debt assets with high liquidity, accompanied by reduced legalities, trust establishment and organised trade.
CashFi is unique due to the fact that PoS (Proof-of-Stake) will be protected by CFI stakes while providing a one to one pegged ERC-20 liquid staking representation.
Future investors and holders will have the ability to open their own NFT marketplace via CashFi, integrating into the CashFi ecosystem.
Now at its pre-sale phase, it is the best time for you to expand your portfolio with its price standing at $0.0277, at the time of writing.
Has Binance Coin’s (BNB) update improved the platform?
Currently standing as the fifth biggest cryptocurrency in the crypto world, Binance Coin (BNB) is one of the most successful tokens out there where you can buy, trade and hold over 600 cryptocurrencies on the platform. It reports over 90 million registered users, claiming to have as low as 0.10% transaction fees.
If you are not familiar with the coin, it originally started on the Ethereum network but slowly created its native currency of the BNB blockchain.
The roadmap for 2022, has announced major updates that are needed to improve the platform, where it will offer more speed and decentralisation to users without congestion. The updates will be deployed on the mainnet throughout the year promoting faster transactions at an even lower cost and many more benefits.
Will Solana’s (SOL) New Investment Increase its Value?
Being one of the top 10 cryptocurrencies on the market, Solana (SOL), is a decentralised blockchain built to implement scalable and user-friendly apps for the world. The platform’s scalability promises low costs, making sure transactions do not overcome the $0.01 fee for both users and developers.
Recently Solana Ventures and the Solana Foundation have set up a $100 million investment fund to help deploy capital into South Korean web3 startups. The fund is planning on focusing on NFTs, GameFi and DeFi in South Korea.
The network is censorship resistant, securing your transactions and making them always safe due to the fact the network is spread over thousands of independent nodes.
Although the crypto market has been quite volatile, it is worth noting that any of the above coins would be worth exploring if you are looking to expand your portfolio. CashFi’s exclusivity predicts that the coin will boom once launched.