When the first quarter ended, what did you do as an investor? Evaluate your strategy? Cut your loss? Or look for the next ×10 for your portfolio? The Russian-Ukrainian crisis made many people know that digital currencies are the only hedge during times of economic uncertainties. Quitriam news…
Many people moved their wealth to either Bitcoin (BTC), DeFi projects or NFTs. All whilst looking for the best available options for a better investment. After nearing $70,000 in the middle of 2021, Bitcoin (BTC) has been in a downward spiral while affecting many top tokens. Even if the chance to invest in BTC is presented, what are the chances that it could make a huge profit? That is why a lot of top investors diversify their portfolio into stable coins like USDT, or blue Chip tokens like Fantom (FTM), Polkadot (DOT). Projects like Quitriam Finance (QTM) fall in that early stage category of investment, and fortunately for you reading this article, QTM is in its presale stage, which means tokens are currently being sold at a discounted price.
Again, investing in microcaps can be risky, but not when the community behind it is a strong and active one. A chance to increase your earnings, interact with users, and build with a formidable team is not something that every project offers. You want to be an early participant in a strong project.
We will talk about the volatility of Bitcoin in recent times and the constant push and pull of Dogecoin, which is heavily influenced by Elon Musk. These coins’ potential cannot be understated and how they still serve as a valid investment in the second quarter.
BTC runs on nodes that drive Bitcoin’s code and stores its blockchain. A blockchain is a distributed database that is shared among computer network nodes. This signifies how Bitcoin stores information electronically and in a digital format.
Bitcoin is regarded as the pioneer of crypto and of the blockchain revolution. Created in the winter of 2009, it has proven to beat doubts about the digitalisation of money. It’s highly decentralised, offers lower transaction charges unlike the traditional banking system, and serves as a platform for launching many Altcoins.
It has undergone a lot of pumps and dips within the period of time it has existed but it still is the first cryptocurrency on the charts. It reached a peak of $1,000,000,000,000 market capacity in the summer of 2021.
Currently aiming for offline transactions supported by Starlink, an advanced satellite system, Dogecoin (DOGE) has become more than just a meme coin in the sphere of cryptocurrencies. Elon Musk, a 21st-century entrepreneur, is one of the top influencers of this currency, as he uses it to buy and sell his merch collection, among other things.
Dogecoin (DOGE) has a market cap of more than $18 billion and sits in the eleventh place in the market capitalisation index of cryptocurrencies, making it a top investment for anyone. The functionality of Dogecoin is solely based on the interaction within its community and supports peer-to-peer transactions among users. Dogecoin (DOGE) had proven to be a formidable crypto despite the criticisms during its early inception. It was just considered a meme token without any use case, even accused of being a scam.
It operates just like the Bitcoin proof-of-work consensus mechanism, which supports network agreements. The supply of Dogecoin, however, hindered its growth over time but when compared to its predecessor, Bitcoin (BTC), it conducted faster transactions mainly because of its merged mining with Litecoin (LTC).
Quitriam Finance (QTM)
Quitriam Finance (QTM) is an upcoming project in its presale phase at a price of $0.00005 and keeps increasing. It is built on the Solana (SOL) blockchain, giving it the advantage of speedy transactions and low gas costs.
The highlight of this project is the gamified experience offered to the users, it will allow them to earn rewards and interact on the network. Also, it provides a platform for NFT launches, team building and incubation while giving the users the chance to participate in the governance of its operation.
Features of Quitriam Finance
Quitriam Finance will have:
- A savings and lеnding рlаtfоrm where dероѕitоrѕ саn еаrn intеrеѕt on their
рооlеd digitаl assets.
- A governance tоkеn саllеd MC which confers its hоldеrѕ’ voting роwеr over
certain есоnomic parameters such as interest rаtеa, inflation аnd deflation lеvеlѕ.