Logarithmic Finance is set to challenge Ethereum (ETH) and Binance (BNB) as cryptocurrencies’ chief moneymaker.
The cryptocurrency market has been down for a couple of months now, drawing frustration for investors. Everyone has had their fair share of annoyance and grievances as well, that’s for sure. But in the recently passed month, market cap increased just over 18%. Though this is not a surprise as crypto continues to soar in popularity and use.
Some cryptocurrencies will be rather happy to see this rise in market cap as they are being purchased. Majors such as Ethereum (ETH) and Binance (BNB) and new game-changers like Logarithmic Finance (LOG), will be loving life now. We all know that the more people buy a coin, the more its developers get enough money to fund the project and design better use cases.
Let’s take a look at these cryptocurrencies that can fetch you millions should you invest in them.
Logarithmic Finance (LOG)
Currently, at its presale stage, Logarithmic Finance (LOG) can be bought at just $0.002 per token since its release. Of course, this price is expected to get higher as more and more people are buying before its release.
Operating on a layer-3 protocol, Logarithmic Finance (LOG) functions as a swapping protocol. What is their major aim? Bringing investors and innovators together. As a decentralised finance for fundraising operations, Logarithmic Finance aims to allow more projects across several blockchains.
With its clearly stated roadmap, the community has established what it wants to achieve and how they want to achieve it. This has given buyers a good idea of what the goal is.
Logarithmic Finance goals are launching a mobile app that can offer swap abilities, getting a stablecoin swap, and inculcating a cross-swap method. With these being just a few of the things they plan to achieve, it’s fair to say that they have a lot in stock. With their presale still ongoing, now would be a good time for anyone that wants to rack up a few million in the nearest future.
Ethereum (ETH) has shown time and time again why it’s one of the biggest names in the market. Standing just behind Bitcoin (BTC) as a market leader.
It’s true, Ethereum (ETH) has received a lot of stick for its expensive and slow blockchain, but then there’s a reason for this. It’s one of the most popular blockchains around thus congestion is normal. Of course, they are making plans to massively improve their systems. This means that they are swapping from the slow proof-of-work (PoW) protocol to the more responsive proof-of-stake (PoS)protocol.
With this change expected to happen anytime around the summer, it would be a good idea to bag yourself a few ETH before then.
Serving as the favoured cryptocurrency for literally the largest exchange in the world, Binance (BNB) is a money maker. It has several important use cases such as fees payment, ticket purchases, and charity donations. Binance (BNB) was able to vastly improve its already impressive reach when it recently got into an agreement with an agency in Abu Dhabi, allowing them to function as a broker or dealer. What this means is that the country will start taking measures to ensure that BNB is used and accepted nationwide. With their exchange being more available to a lot of people, Binance (BNB) is sure to receive a huge boost.
This boost is not expected to be just around the Middle East, because with more and more cryptocurrencies joining their exchange, their reach is sure to expand throughout the world. This would only mean well for Binance (BNB) investors who would just have to relax and start making money.
These three coins should top your millionaire-making list today!