3 CRYPTOCURRENCIES TO PUT UP ON YOUR WATCHLIST: LOGARITHMIC FINANCE (LOG), CHAINLINK (LINK), AND THETA NETWORKS (THETA)
The current cryptocurrency market is saturated with the constant introduction of new coins. The total amount of cryptocurrencies is more than 18000, and it will increase substantially in the coming future. As the competition is getting fiercer, the platform needs constant innovation and development to keep up with the addition of destructive crypto projects.
Logarithmic Finance (LOG) is an exciting cryptocurrency platform with a promising roadmap for providing better service solutions to the crypto industry. It’s a new cryptocurrency project currently in the first phase of pre-sale, disrupting the outlook for DeFi by providing an efficient platform for innovators and investors. The main purpose of this project is to improve network interoperability by overcoming the limitations of current cross-chain transaction exchange protocols. The DeFi sector has consistently shown significant growth in the cryptocurrency market. In 2021, most of the cryptocurrencies that have shown remarkable growth are related to the DeFi sector.
Logarithmic Finance (LOG)
Logarithmic Finance (LOG) aims to create a secure and unmanaged platform that makes it easy to exchange tokens between blockchain networks while at the same time making money in multiple ways. This platform is intended to support many blockchain networks and will allow innovators to raise funds on the platform of their choice. These include, but are not limited to, Ethereum (ETH), Binance Smart Chain (BNB), Solana (SOL), Tezos (XTZ), Polygon (MATIC), and Avalanche (AVAX).
Pre-sale of LOG tokens has great expectations for the crypto market. It has increased by 96% since the pre-sale began and is expected to increase further in the coming weeks. We still have time to invest in it and become one of its early adopters, increasing the potential for high returns. BoostX is an advanced multi-chain launchpad used by Logarithmic Finance (LOG). This technology allows all crypto enthusiasts to participate in their presale. Although these coins are in the early stages of the presale, this is a great opportunity to buy cryptocurrencies at a lower cost, enabling greater profit potential.
Chainlink (LINK) is a blockchain abstraction layer that utilises Oracle’s distributed network. It allows you to universally connect smart contracts to improve the functionality of your blockchain. The network uses secure Oracle to connect smart contracts to real-world data, events, payments, and off-chain calculations in a tamper-proof and reliable way.
The Chainlink (LINK) Network is committed to expanding the open-source ecosystem to ensure distributed participation of all data providers, node managers, smart contract writers, researchers, and security auditors. Administrators of distributed network information infrastructure have several ways to earn additional revenue and contribute to its success. With a market capitalization of more than $5 billion, it is currently ranked as the 25th biggest cryptocurrency globally.
Theta Network (THETA)
Theta Network (THETA) is a cryptocurrency and decentralised video distribution network. This state-of-the-art solution addresses the technical and economic challenges of streaming. It is intended to facilitate peer-to-peer (P2P) based network capacity sharing. Users can earn tokens by providing excess bandwidth and processing resources.
Theta Network (THETA) uses Ethereum’s (ETH) blockchain technology to leverage security and efficiency features to deliver better content delivery. The native token THETA is the guardian or verifier of the network and must participate in the governance of the platform.
The basic business idea behind its creation is to decentralise video streaming, data transfer, and edge computing to make it more efficient, cost-effective, and fair to players in the industry. The appeal of Theta Network (THETA) comes from the multiple functions that will enable it to assist in various ways. Users can access higher quality streaming services, content creators can earn more revenue, and intermediaries (video platforms) can increase advertising and subscription revenue while saving infrastructure costs. It successfully penetrated the crypto market and as of now, it is ranked as the 41st biggest cryptocurrency, with a market capitalization of more than $2 billion.
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