Could Logarithmic Finance and Apecoin rival Polkadot’s impact?
With the new financial year turning over, it looks like it’s the best time to start making some necessary life-changing investments.
There are a lot of new coins in the crypto world and a lot of them are worth taking a look at. Most of these tokens are created after their developers have studied trends in the market. This means that with more knowledge of what to expect and new innovative technology, these tokens are bent on ruling the crypto world and fetching investors a lot of money.
Let’s take a look at some new cryptos in the market today you can call ideal for investment.
Logarithmic Finance (LOG)
Having gone up over 47%, Logarithmic Finance (LOG) has no doubt announced itself to investors all over the world. With a beautiful goal of attempting to bridge the gap between investors and innovators, Logarithmic Finance (LOG) operates as a layer-3 switch protocol. With this passion to revolutionise the world of cryptocurrency, the developers want innovators to have great unrestricted access to the crypto-verse.
Taking a look at Logarithmic Finance (LOG) whitepaper, one would discover so many unique features. A good example is the fact that it would let its users exchange their tokens on any blockchain network for NFTs of choice. This, of course, means artists and creators are in for a great treat. Logarithmic Finance also says there would be some kind of multi-chain system that will let its users swap across any blockchain network of choice with heavy security guaranteed.
As you can see, Logarithmic Finance (LOG) users already can raise all sorts of funds between Ethereum (ETH), its developers are trying to build an ecosystem linking many blockchain networks including Binance Smart Chain (BNB), Solana (SOL) and Polygon (MATIC). Being a secure, non-custodial coin makes Logarithmic Finance (LOG) a must-have right now.
Being in its presale phase means this is the perfect time for anyone to hop in and become a member of the amazing community.
ApeCoin (APE) has made it a habit to top the crypto chart since its release.
Originally identified as a meme coin, ApeCoin (APE) has made a name for itself with a fixed 1 billion tokens supply. Now, seen as a utility coin having proven its credibility to experts even with some fluctuations in price.
ApeCoins narrative has aroused a lot of crypto Investors and as seen in its first 2 days of trading, it got over $1 billion in a market that was deemed volatile at that time. Some believe the association with the Bored Ape Yacht Club NFT collection is a key factor in its success. Since it was actually initially airdropped by the NFT collection. Their whitepaper says they are coming in as a decentralised protocol layer aimed at channelling investors and innovators alike to a more secure metaverse. ApeCoin (APE) is listed on many top cryptocurrency exchanges including, Binance and Coinbase.
Polkadot (DOT) had a unique effect on the market when it arrived at the scene. It functions as a unique open-source multichain protocol that aims to secure a group of specialised blockchains. It allows its users the ability to send any form of asset, not just tokens. This means that it allows blockchains to interact with each other with ease. As you can see, this is exactly what Logarithmic Finance (LOG) aims to achieve as well – Being a multichain blockchain.
Currently ranking at 12th position in market cap ranking, Polkadot (DOT) is doing well, especially considering what is going on between Russia and Ukraine. The war has affected a lot of cryptocurrencies and with Polkadot’s current stand, it proves to be a very good investment to make.