In recent years, cryptocurrency has provided enormous income to many individuals, causing crypto popularity to increase all around the world. However, with an ever-increasing number of new cryptocurrencies entering the market, it might be more difficult than ever to begin investing.
Learning from previous presale performances may be a good place to start for many beginners. Many new crypto initiatives, such as Logarithmic Finance (LOG), that are released in presale generally attract the attention of experienced investors but it is highly recommended for beginners to consider presale tokens as well.
Logarithmic Finance (LOG)
The presale is an excellent investment chance since the cryptocurrency price cannot fall, meaning that your money has more capacity to grow. Several prominent successful presales in the past have happened, including Ethereum (ETH), Filecoin (FIL), and Tezos (TXZ). These cryptocurrencies raised enormous sums during their first presale periods, rewarding early investors substantially. As a result, it’s no surprise that several cryptocurrencies in presale have already achieved outstanding price gains.
Logarithmic Finance (LOG), a Layer-3 swapping protocol, intends to provide a platform that will suit the needs of both innovators and investors. Logarithmic Finance explains its plan for building an advanced ecosystem in which consumers can benefit from the best DeFi (Decentralised Finance) technology and solutions in the industry. LOG will use the ERC-20 token standard for utility and governance.
Members of the LOG community will benefit from a variety of options on the platform. Because of a dynamic cross-chain ecosystem, innovators will be able to obtain funds from the blockchain of their choosing. Logarithmic Finance, which is presently being developed on Ethereum (ETH), plans to implement Binance Smart Chain (BNB), Solana (SOL), Avalanche (AVAX), Tezos (XTZ), and Polygon (MATIC).
LOG token has seen impressive growth since the start of its presale, with a current price rise of over 101%. A further increase is expected to follow in the upcoming weeks. It means that now is still a convenient time to become one of the early LOG investors.
And if you are looking for another presale opportunity, look no further! Automish Token (ATI) is a metaverse-based play-to-earn (P2E) gaming crypto project currently offered in phase 1 of its presale. Automish Token aims to create a platform that would connect gamers and developers through blockchain technology. The native coin ATI will be available to earn while gaming and then potentially exchanged for in-game commodities or real-world cash.
Filecoin (FIL) presale has been the most successful the crypto market has seen thus far. It made a staggering $52 million at its initial presale stage in 2017, followed by a further $205 million during the Initial Coin Offering (ICO). From $1 to $4.58, the price climbed by 350%, reaching the highest of $237.24 in 2021.
Filecoin is a community-built decentralised storage system. It makes use of blockchain technology to provide a secure distributed storage and access system. Filecoin is an open protocol supported by a blockchain that documents the network’s contributors’ pledges, with transactions conducted in the native cryptocurrency FIL. Proof-of-replication (PoRep) and proof-of-spacetime (PoSt) consensus are used on the blockchain.
Tezos (XTZ) is an open-source blockchain technology that is both safe and expandable. This proof-of-stake (PoS) blockchain enables peer-to-peer (P2P) transactions and the development of decentralised apps (dApps) by deploying smart contracts. The network is powered by the native token XTZ. The platform conducted a hugely successful Initial Coin Offering (ICO) in 2017, generating a then-record sum of $232 million.
Although Tezos is quite similar to Ethereum (ETH), there are numerous principal blockchain components that Tezos leverages to address issues with Ethereum’s blockchain network. Tezos offers a more complex architecture that can evolve and grow without the risk of a hard fork. This crypto project has distinguished itself in the market by operating as a self-amending blockchain network.