The crypto market has been full of ups and downs lately as we enter the new financial year. With many established crypto tokens facing a drop in their value, a surge in any token value has become a rare sight over the past few days. Logarithmic news…
In the midst of this fintech gloom, a new crypto token is soaring in its presale phase. Logarithmic Finance (LOG) is performing well in its very initial phase. Another notable token that can be seen climbing up the charts is Monero (XMR).
Logarithmic Finance (LOG) Flies Off by 47.66%
Logarithmic Finance (LOG) has entered the market with a boom. As of 12 April 2022, the token has shown an increase in its value by 47.66%. The analysts have noticed that the hike has been steady and consistent making LOG a potential fruitful investment.
Logarithmic Finance (LOG) is a newcomer to the crypto-verse, but its novel features are already causing a stir in the market. It’s a layer-3 switching protocol that connects fintech investors and innovators whilst reducing the friction in the process. According to their ambitious and promising whitepaper, the major goal of LOG is to bridge the gap between investors and innovators to smoothen the growth of the fintech industry as a whole.
The new crypto token entered its presale phase last month and is gaining momentum amongst potential investors and crypto enthusiasts. The presale purchase could be the perfect time to invest in LOG given the lower prices and promising return on investment.
Monero (XMR) Defies the Market Slump
Another crypto token that has managed to take off despite the drop-off in the fintech market is Monero (XMR). The crypto token has outdone itself and overtaken its top rivals such as Bitcoin (BTC) and Ethereum (ETH) in the performance over the past week. Its value soared by 5.49% this past week which is significant considering how the crypto market was down over the same period by nearly 9%.
Monero is an open-source cryptocurrency that happens to be extremely community-driven. The token has struck the perfect balance between anonymity and transparency to play the decentralised fields of finance. It is claimed that Monero has thrived despite adversities since the investors are looking for anonymity as they invest their finances. The token has proved its legitimacy over time in the market and the anonymous status of the developers does not phase the investors anymore.
Check out the Presale of Caprice Finance (CFT)
Caprice Finance (CFT) is another addition to the crypto market and is seemingly promising in the industry. It is a multi-chain platform that is linked to major blockchain networks such as Ethereum, Binance and Polygon Networks. The token is limited in supply and has been consistent in its value which might attract investors that are wary of the risks associated with crypto investments. It is currently in its presale phase which makes for an ideal period of investment.
Check out the LOG presale here:
Find out more about the Caprice Finance Presale