Looking For Potentially Profitable Tokens? Pay Attention To Collectixt (CLEX) And Avalanche(AVAX)
Cryptocurrency investments have been deeply affected by the crypto plunge. However, it still doesn’t stop crypto users from seeking potentially good tokens to purchase for long-term cryptocurrency investment. Upcoming coins like Collectixt (CLEX) can come in handy if the projects are solid enough to stand the test of time.
The coin market has been graced by tokens like AVAX, which has proven to be a profitable token in recent years. However, the crypto plunge has crypto enthusiasts skeptical about which coins would survive the winter.
In this article, these tokens mentioned above will be discussed to know if they can be potentially profitable to crypto users.
Collectixt Token (CLEX)
Collectixt is an upcoming NFT marketplace that provides artists a platform to showcase and sell their work in the form of Non-Fungible Tokens (NFTs). This ecosystem will enable collectors and artists to extend their horizons and portfolios. It also allows them to participate in the world of art and tokenization.
Collectixt promises an atmosphere where artists can be original and creative in the crypto ecosystem. It intends to protect and establish exceptional platforms and an NFT marketplace. The NFT marketplace will include virtual real estate, a gaming platform, a section for arts and photography, and that for interior design.
It will also include an online payment platform, Collectixt pay, where users can transact and swap tokens. Transactions will be carried out using the utility token and other payment methods that will be made available.
CLEX is the utility coin of the platform that takes advantage of both the Ethereum and Polygon Blockchain Networks, giving participants a faster and less expensive way to create and transfer NFTs.
Users will utilize it to vote in governance policy referendums, gain access to certain rights and protection, and gain bonuses. When Collectixtis bought with Ethereum (ETH), a 20% bonus is rewarded, and when purchased in stage 1 of the presale, an 8% bonus will be rewarded.
CLEX will have a total supply of 5 million tokens, with 30% allocated to sales and a minimum vesting period of two months. Collectixt will have a total supply of 5 million tokens, with 30% allocated to sales and a minimum vesting period of two months. A roadmap is not provided. However, we can only hope a presale starts soon.
Avalanche (AVAX) is a layer one blockchain that targets a decentralized, scalable, customizable platform. The C-chain, the X-chain, and the P-chain make up the unique Avalanche architecture. These chains have a distinct purpose and use different consensus mechanisms based on their use cases.
The tri-chain allows the primary network to focus on being the main security mechanism for Avalanche. The Avalanche P-Chain will enable developers to create new blockchains using the Snowman protocol.
The C-chain also utilizes the snowman protocol, which hosts smart contracts on Avalanche and is compatible with the Ethereum(ETH) Virtual Machine. The X-chain allows developers to create their own tokens. These tokens can also trade on the X-chain through decentralized exchanges.
The blockchain has focused on establishing Decentralized applications and DeFi, as well as continually enhancing interoperability between its ecosystem and Ethereum through bridges.
The Avalanche mainnet was launched in 2020 by Emin Gün Sirer, a Cornell University professor and founder of Ava Lab, alongside Kevin Sekniqi and Maofan “Ted” Yin. The mainnet launched alongside its native token, AVAX.
AVAX is traded on the exchange chain that follows the Avalanche consensus mechanism. It can be purchased on various exchanges and swapped with other coins in the cryptocurrency market.
A total supply of 720 million AVAX circulates the coin market, with 50% allocated to stake rewards. Staking AVAX now yields an annual bonus of 11.57 % if staked for two weeks and a minimum of 2,000 AVAX. That makes it potentially profitable if considered for cryptocurrency investment.
These tokens have solid projects backing them, which can help make them potentially profitable. AVAX already has gained ground in the cryptocurrency market and is one of the most significant coins by market cap.
Collectixt leveraging the NFT marketplace can stand a chance to be a profitable long-term cryptocurrency investment.
Visit the link below to follow the activities of the Collectixt (CLEX) token.