5 Newest Cryptocurrency To Keep An Eye On
There's a new cryptocurrency rising almost daily, It's hard to find the right investment. Newest Cryptocurrency You should keep an eye on:
It seems like there’s a new cryptocurrency coming out almost every day. With so many options to choose from, it can be hard to know which one is right for you. When considering the newest cryptocurrency, it’s important to look at the team behind it, the technology, and the community. A strong team with experience in the industry is essential for success. The technology should be well-vetted and secure. And finally, the community should be supportive and engaged. With so many new cryptocurrencies entering the market, doing your research is essential to finding the right one for you.
But worry not! Whether you are just setting foot into the crypto market or want to play it safe, we have the new crypto coins you can buy and invest in. So, let’s start our new crypto to invest in the guide:
1. DeFi Coin (DEFC)
DeFi Coin is the newest crypto currency you need to keep an eye on. The DeFi coins grabbed the attention of speculative investors when their value skyrocketed to over 300% in a single day right after the launch of the DeFi Swap Exchange.
DeFi Coin is the native token of the new DeFi Swap exchange and serves as the DeFi staking platform. This DEX enables investors to easily buy, swap, and stake a wide selection of DeFi Coins. The staking platform also offers favorable APY rates (from 30%-75%), making it an even better trade.
The “Static Reward” system designed by this new crypto currency is another reason to swap to DeFi Coins from your existing cryptocurrency. According to this system, a 10% tax is enforced whenever an investor buys or sells DEFC. Moreover, half of the proceedings are distributed among the remaining shareholders generating a passive income stream for every investor.
2. Avalanche (AVAX)
Avalanche has emerged as a powerful competitor for Ethereum. It supports a faster blockchain with the potential to handle multiple transactions allowing developers to build strong decentralized applications. Moreover, Avalanche is made of three separate blockchains that meet the demands of an overly active crypto network.
Avalanche coin is also considered to be one of the safest cryptocurrencies. It uses a directed acyclic graph (DAG) consensus protocol which makes it impossible to carry out fraudulent transactions.
AVAX, the network’s native token, is used for verification and network fees. The low charging fee and its strong incentive program make it the best new crypto coins to invest in at the moment.
3. Lucky Block (LBLOCK)
Lucky Block is more like a crypto-gaming platform and is hosted on the Binance Smart Chain (BSC). This decentralized platform removes geographical boundaries allowing players from every region to win prizes from a $2.2 million draw pool. The first draw was held on May 31 and wrapped up by the famous rapper Swae Lee.
LBLOCK is the native token of Lucky Block’s crypto platform. LBLOCK is considered the best low-capital cryptocurrency, offering a whopping presale. Back in January, LBLOCK successfully produced quadruple-digit returns for presales investors. Users having LBLOCK can easily buy tickets to the day-to-day prize draws.
Lucky Block NFT is also a crucial part of the Lucky Block ecosystem. Each NFT holder can enter an additional prize draw, giving them a chance to win $10,000 daily.
4. Hedera Hashgraph (HBAR)
Hedera Hashgraph is another newest cryptocurrency released for investors at the beginning of 2022. It uses a Directed Acrylic Graph (DAG) protocol that ensures speedy transactions making it slightly similar to Avalanche. The crypto currency platform handled over 100,000 transactions per second, which shows its potential.
The network also supports smart contracts enabling developers to launch new dApps without any hunchback.
5. Theta (THETA)
Theta burst into the crypto world intending to revolutionize video streaming. Theta is basically a program that seeks to incentivize the global network of computers by creating a decentralized video streaming platform.
Content Delivery Networks face geographical restrictions while delivering video content. Theta has users stretched all across the globe and has garnered investment from leading companies such as Sony and Samsung. It allows its users to expand their bandwidth and offer them computer resources without any regional limitations.
Theta is one of the two native crypto currencies used by the platform. Theta can be used for voting, whereas the TFUEL is used for transactions. Theta users must download the official Theta Wallet app to hold and stake their Theta coins.
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