When it comes to investing, choosing the right name to place your crypto “bet” on can feel like a lot of pressure. However, the crypto-market keeps growing, and new tokens are launched daily, becoming competition for the Bitcoin (BTC) dominance of the digital assets’ realm. Logarithmic news…
This means that as the market grows, an investment wallet has the potential to grow and create big profits for investors, especially when investors manage to get into a venture early (presale).
Despite the fact that Bitcoin is currently the most popular cryptocurrency, Ethereum, Solana, and Logarithmic Finance (LOG) have the potential to overtake it by the end of 2022 – Here’s how.
Bitcoin (BTC) vs Ethereum (ETH) and Solana (SOL)
Can we really compare Bitcoin and Ethereum? Well, first of all, Ethereum is a platform and Bitcoin is a cryptocurrency which makes them very different blockchains and hard to compare. They are, however, two of the most well-known names in the cryptocurrency universe.
Solana (SOL) is a very well-known platform, ranking in 9th place by volume on coinmarketcap.com (one of the dominant platforms when it comes to cryptocurrency and trading market).
Starting with smart contracts, Ethereum’s network allows two parties to undertake legal transactions without engaging a third party. Ethereum (ETH) also accommodates initiatives for decentralised finance (DeFi) and non-fungible coins (NFTs).
A proof-of-work (PoW) cryptocurrency, Bitcoin is slow and energy-intensive. When Ethereum (ETH) fully changes to a PoS system, it will use 99.99% less energy, be faster and cheaper, and potentially beat Bitcoin.
Logarithmic Finance is integrated with Ethereum platform because of its interoperability, open-source network, and great community support.
Solana (SOL) is a 2017 cryptocurrency. Its price has risen over 11,000% in 2020, establishing it as a key participant in the cryptocurrency market.
Solana’s main benefit is speed. Currently, Bitcoin can execute around seven transactions per second. On the other hand, Solana can process up to 65,000 transactions per second. It can host decentralised apps (DApps) like Ethereum and is currently hosting initiatives like DeFi and NFT markets.
Solana has become one of the most popular cryptocurrencies, thanks to its rapid growth, managing to climb the crypto-market quickly and returning millions in profits to investors.
Solana is riskier than Bitcoin as it currently uses the proof of history (PoH) protocol .
Logarithmic Finance (LOG)
Is Logarithmic Finance what the crypto-market was waiting for? It might just be.
A next-generation Layer-III switching protocol that has been meticulously planned and created to enable seamless connectivity between early-stage inventors and investors – a great investment opportunity. Analysts anticipate LOG will do well in presale based on current market conditions and the new protocol’s whitepaper.
They will become the next Decentralized Finance and Swapping Protocol that smoothly connects blockchain innovators and investors. Its simple interface and web 3.0 technology infrastructure would allow innovators to swiftly raise funds and create businesses that would attract top investors.
Logarithmic Finance experts are working to develop cross-chain token movement and interoperability between blockchain networks to further improve and decentralise cash flow and auctions and fundraising.
It seems like LOG coins will soon be in numerous crypto-wallets worldwide.
Finding the right investment can be difficult with around 20,000 cryptocurrencies available but one thing is for sure, EverGrow Coin (EGC) and Logarithmic Finance (LOG) are outstanding options right now.