Kategorie: Altcoin News

The Binance Smart Chain is one of the biggest blockchain ecosystems in the world. It has provided a much-needed infrastructure that has led to the launch of several BEP 20 standard tokens. But why is the BSC becoming such a favorite for developers? Here are some reasons:

• The Binance smart chain offers lower gas fees.

• Projects can launch fast through the Binance Launchpad

• There are several financial and non-financial incentives to launch on BSC.

So, in case you want to buy promising BEP 20 coins, there is a list below that will give you some incredible ideas:

PancakeSwap (CAKE)

PancakeSwap (CAKE) is one of the most popular automated market maker protocols that offers an array of DeFi products. The project is looking to address some of the key challenges associated with peer-to-peer decentralised exchange.

Data Source: Tradingview 

Its token is based on the BEP 20 standard and continues to attract a lot of investment as well. PancakeSwap has the potential of becoming the biggest DEXs in the world that uses the AMM protocol to enhance liquidity. It is an asset worth having for any crypto investor.

Alpha Finance Lab (ALPHA)

Alpha Finance Lab (ALPHA) is a cross-chain project in DeFi. It offers cross-chain interoperability between BSC and Ethereum. This means that users can trade between all ERC 20 and BE20 tokens using the platform. ALPHA is looking to make it easier for cross-chain asset transfers and is currently seen as a very promising DeFi project.

Bux Token (BUX)

BUX is the natïve and governance token for the BUX exchange. Based in the Netherlands, BUX is planning to become one of the main exchanges in Europe. So far, the coin has a market cap of around $22 million. If everything works out, it has the potential of growing 10x or even 20x in no time. BUX is built on the BSC platform as well.

The post Best BEP 20 tokens that can make you millions appeared first on Coin Journal.

For many beginners who are jumping into crypto for the first time, they will be a lot of coins in mind. But in most cases, the focus will be on the bigger established cryptocurrencies like Bitcoin or Ethereum. There is nothing wrong with buying these mega-caps, but it’s also very easy to avoid other important coins. Here is why:

• Most beginner crypto investors don’t typically have enough knowledge of crypto.

• Finding hidden gems in the crypto market is never easy.

• Beginners are typically very risk-averse in nature.

Despite this, it is important to know some of the coins surprisingly avoided by beginner investors. Here is the list.

Monero (XMR)

Monero (XMR) is actually one coin that has been trading in the crypto market for years. In fact, it would be strange to consider Bitcoin and not consider Monero in there too. Also, the coin has received a lot of media coverage over the years, and chances are you may have come across it. 

Data Source: Tradingview 

But beginners will not take the chance on Monero simply because they don’t understand how this privacy token works. But this is a mistake since XMR still has so much potential under its belt.

USD Coin (USDC)

Not every person buying crypto wants to 10x their money. There are also a lot of folks who want to buy crypto as a store of wealth. There are of course many coins that offer that in fact, many beginners would go for the heavy hitters like BTC. But if you don’t want any risk, USD Coin (USDC) would be the ideal option.

Yearn Finance (YFI)

Outside Bitcoin, Yearn Finance (YFI) is one of the most expensive tokens in terms of price per coin. It may therefore seem like it is priced out. But when you look at the market cap, it’s actually very low. It’s therefore easy to ignore the coin, thinking it’s overpriced while it’s actually not.

The post Top 3 crypto coins that beginners surprisingly ignore appeared first on Coin Journal.

The metaverse is expected to become the next frontier of growth in the crypto universe. But before the metaverse, there was virtual reality. As VR becomes more advanced, it is now getting fully integrated into the blockchain ecosystem. Here is why:

• Virtual reality has vast applications in business and leisure.

• VR is also seen as the future of human interaction.

• Blockchain technology can help make VR more decentralized and private.

If you are thinking of taking advantage of the VR boom, the following are three top coins that you can buy.

CEEK VR (CEEK)

CEEK VR (CEEK) is an interesting VR project that is hoping to bring the metaverse into music and entertainment. Just think about it. Imagine being able to attend a live concert for your favorite singers? Or being able to watch your favorite athletes do what they do? 

Data Source: Tradingview 

Well, CEEK is built to make that happen and comes with full NFT integration as well. The project is designed to make it easier for content creators to monetize their work and find new avenues to make money. CEEK is the future of music streaming and as such, it should be on your radar.

High Street (HIGH)

High Street (HIGH) is a metaverse token that combines both virtual reality and play to earn gaming. The project hopes to develop a unique network of digital communities that can engage in exciting activities inside a virtual world. For example, if you ever wanted to race a car, you can do it inside this digital universe.

ApeCoin (APE)

ApeCoin (APE) is an NFT inspired coin that is also hoping to create a virtual reality. The coin launched just a few days back and has been gaining a lot. It is linked to the Bored Ape Yacht Club (BAYC). There is a lot more to come from this coin, and virtual reality will be at the center of everything.

The post Virtual Reality Revolution: 3 coins making headlines in this area appeared first on Coin Journal.

The crypto industry is always on the move. There are new trends that come and go all the time. 2022 is one of the most important years for crypto, and there are several new trends that are going to define the next few months. Here are some of these important trends:

• DeFi is expected to explode and grow even further in 2022.

• There is also growing emphasis on Interoperability across chains

• 2022 will also likely be the year of NFTs and metaverse.

As an investor, it is important to position your assets in a way that takes advantage of these trends. We have picked out 3 coins that we believe can help you with this:

DeFi – Kyber Networks (KNC)

The main goal for Kyber Networks (KNC) is to help aggerate liquidity and bring it in one place. Over the last few years, some of the factors that have limited the growth of DeFi have largely been low liquidity.

While there have been several ways to address this, including automated market maker protocols, liquidity aggregators are gaining so much traction. Kyber Networks is likely to be a major player in this.

Interoperability – Tezos (XTZ)

Cross-chain bridges have helped solve a very common problem in crypto. Moving assets across various chains used to be a huge challenge. But bridges have removed that issue, and there are several projects here worth noting. But Tezos (XTZ) is far more promising simply because it is more than just multichain crypto. It offers so much more in terms of its underlying value.

NFTs and Metaverse: Enjin Coin (ENJ)

Enjin Coin (ENJ) is one of the most underrated crypto assets in the market. The token has fallen sharply in recent days due to the metaverse rout. But if you are looking for a project that could deliver big on the metaverse, ENJ is the way to go.

The post The top 3 coins to consider buying based on crypto trends in 2022 appeared first on Coin Journal.

Ethereum is one of the biggest crypto projects right now. It is also safe to say that Ethereum has completely revolutionized the crypto industry thanks to its smart contracts. But as more and more people use it, it has run into many challenges. Here are some of them:

• The Ethereum chain is not as scalable as it should be.

• Users have to deal with network congestions and high gas fees.

• Increased inefficiency and low speeds are common as well.

Although Ethereum is trying to fix this problem with Ethereum 2.0, there are other new blockchain projects that are trying to offer an alternative altogether. Here they are:

Solana (SOL)

Solana (SOL) has often been seen as one of the most serious challengers to Ethereum. There are several reasons for this. First, Solana is designed to deliver outstanding scalability.

It is also super-fast, and more importantly, the chain offers users some of the lowest gas fees in the market. Solana is also attracting significant developer interest and has been a subject of major investments by big names in the crypto market. If you are looking at the future of smart contracts, Solana has to be there.

Avalanche (AVAX)

What makes Avalanche (AVAX) so potent is the fact that it allows users to launch sub-chains within its ecosystem. These sub-chains are independent of the main chain and as such, they are free from the congestion associated with the main network. This makes Avalanche one of the most scalable blockchain technologies in the world. It has the potential of completely transforming distributed systems.

Tron Network (TRX)

The Tron Network (TRX) is also a highly scalable project that looks to address the challenges of Ethereum. It may not be as popular as Solana but the underlying metrics of this project are very good. It is one asset worth bringing on board if you want to.

The post Ethereum killers: Top 3 projects that could replace the legacy chain appeared first on Coin Journal.