There isn’t a day without a new digital currency joining the crypto market. With so many cryptocurrencies available, recognising potential winners may have become more difficult for some new investors. Great crypto investment choices for the upcoming weeks are Solana (SOL), Polkadot (DOT) and Logarithmic Finance (LOG), the latter being sold in presale.
Logarithmic Finance (LOG)
Logarithmic Finance (LOG) is a secure, non-custodial, and cross-chain swapping protocol. LOG is being built and developed to become a next-generation Layer 3 DeFi (Decentralised Finance) solution for seamless interaction between blockchain innovators and investors.
Logarithmic Finance (LOG) aims for blockchain variety to create a secure dynamic ecosystem. It will promote opportunities to raise funds between any blockchain network like Ethereum (ETH), Binance Smart Chain (BNB), Avalanche (AVAX), Tezos (XTZ), Solana (SOL), and Polygon (MATIC).
LOG states that its roadmap will focus on developing an innovative ecosystem where early-stage innovators and investors can benefit from the best DeFi tools and products. The new platform will allow users to accept payments for NFTs in exchange for different coins. Logarithmic Finance (LOG) will use the utility and governance ERC-20 token that will provide holders with several advantages, including incentivising the LOG community and the development of the ecosystem.
Currently being sold in the presale stage, LOG is a great choice for those looking to invest in DeFi tokens. So far, presale statistics display a positive performance of a 23% increase, with some experts suggesting that getting in early is essential. Logarithmic Finance (LOG) presale has just recently started, which means it is a great time to invest early and see greater earnings.
Often referred to as Ethereum’s (ETH) biggest competitor, Solana (SOL) is a blockchain platform with the capacity to process more transactions while also providing lower costs for users. Solana’s proof-of-stake (PoS) and proof of history (PoH) protocols enable immediate timestamps and verification directly onto the blockchain. Meanwhile, Ethereum (ETH) uses proof-of-work (PoW) to validate transactions, which leads to a lengthy process consuming mass amounts of energy.
Solana (SOL) is being eyed by many newbies to the crypto market because of the benefits it can provide to the development of decentralised apps (dApps). For example, Pac-Man Frog (PAC) – a decentralised community token was chosen to be built on SOL blockchain to utilise its transaction speed benefits for gaming and educational applications.
Polkadot (DOT) is built to connect coins and blockchains, bringing out the best qualities of each contributor. Polkadot aims to put users in control of the decentralised web. The platform serves a unique market role of glueing the entire crypto ecosystem. Other powerful features include the network’s innovative structure, where parachains plugged into the larger Polkadot machinery can provide more functionality over time.
Expert analysis shows that Polkadot (DOT) has been recovering quite well in recent weeks with a clear upward trend. DOT is said to make a great investment in the long run.
For more information:
Logarithmic Finance (LOG)
Pacman Frog (PAC)