In Search of New Markets in the Crypto Crash
Since the day we entered 2022, the hyperinflation experienced worldwide, especially due to the pandemic process, has also shaken cryptocurrencies. Even the leading crypto Bitcoin was badly injured due to the stance of the American Federal Reserve (FED), its interest rate decisions and its view towards crypto. Supontis Token news..
However, these situations are seen as normal in the cryptocurrency market, which has experienced many fluctuations from the past to the present. Investors who are overwhelmed by the contraction in the cryptocurrency markets are in search of new projects, and the Supontis (SUP) initiative is among the most striking.
Enter The Multichain Structure with Supontis (SUP)
Supontis (SUP) offers transfer freedom to all users with its multi-chain working structure (currently Ethereum, Binance Smart Chain, Tron and Fantom). All transactions are carried out on the Supontis bridge and the platform works entirely with smart contracts.
All users entering the ecosystem are included in the DAO governance system. In other words, all users have a say in ecosystem governance and all updates to be made are submitted to users’ votes. Thus, users holding Supontis (SUP) tokens directly affect the decisions made in platform management.
One of the other applications in the project is the local stock market. Thanks to this exchange to be established, all users will be able to trade as they wish with low transaction fees. In addition, all members holding Supontis (SUP) tokens in the ecosystem will be able to benefit from staking services and earn extra income. The total supply of PON, the local token of the Supontis ecosystem, has been determined as 10 billion, and 2 billion 500 thousand tokens will be distributed through pre-sales.
Take Benefits of Its Value: Polkadot (DOT)
Polkadot (DOT) token grants its holders three privileges: governance, sharing and linking. Governance privilege opens the way to financial decisions by giving users the chance to vote and assign positions to stakers. Polkadot’s founders are Gavin Wood (co-founder of the Ethereum Network), Peter Czaban and Robert Habermeier.
The joint effort of these three developers and the Web3 Foundation (consisting of more than 100 developers) with Parity Technologies led to the development of the Polkadot infrastructure. According to CoinMarketCap data, the circulating supply of Polkadot (DOT) is 987 million 579 thousand 315 units. Its total supply is stated as 1,103,303,471. The DOT is currently trading at $7.34. DOT, which saw the highest price level at $ 55.00 on November 4, 2021, showed the lowest price performance when trading at $2.69 on August 20, 2020. The token is in the top 20 among the most valuable cryptocurrencies in terms of market capitalization.
Instant Drop in Loopring (LRC)
With a total supply of more than 1 billion tokens, almost the entire supply of the Loopring (LRC) is in circulation. The project has a daily trading volume of $56 million, while the total market value is $646 million. The LRC token, which has currently fallen by 80% from its highest point, seems to have reached a serious investor base since its first day on the cryptocurrency market. When the Loopring (LRC) token’s chart is examined, it can be said that the project is trading at around 0.5 dollars.
Although the cryptocurrency market has taken a tumble in recent months, this does not mean that all cryptocurrencies are doomed. In fact, Supontis (SUP) is still a strong investment option for those looking to enter the digital currency market. With a dedicated team of developers and an innovative platform, Supontis is poised for long-term success. So don’t let the current volatility scare you away – invest today and reap the benefits of tomorrow!
Supontis Token (SUP)