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Logarithmic Finance (LOG), Theta Network (THETA), Solana (SOL): 3 Coins Rising Recently
Source: The Crypto Basic
Cryptocurrencies are a volatile and exciting investment. While some coins are stable, others see dramatic price fluctuations. Here are three cryptocurrencies that have seen significant growth in recent weeks. Logarithmic Finance (LOG), Theta Network (THETA), and Solana (SOL) all have the potential to continue rising in value. Read on to learn more about these coins and their unique features!Logarithmic Finance (LOG)
Although Logarithmic Finance (LOG) is a very new token, it stands out as one of the coins with the highest investment value in 2022. This impression is created by the experience of the project team and the scalable solutions they have created in the crypto ecosystem.
With its alternative, stable and scalable mechanisms, Logarithmic Finance (LOG) is a trading protocol in the crypto ecosystem. In 2021, the project team was established to offer new solutions in the field of DeFi and started developing low-cost tools in the NFT Market. Supporting Ethereum, Logarithmic Finance (LOG) also plans to support blockchain networks such as Binance Smart Chain, Polygon, Avalanche, Tezos and Solana in its roadmap.
The team, which plans to be pre-listed by June 2022, supports MetaMask, one of the most popular token wallets, as a wallet. One of the most important features of Logarithmic Finance (LOG) is that the developer team develops a highly functional code architecture. Thus, it is possible to create an alternative structure with 80% lower gas prices, especially in the NFT market.
One of the most exciting features of Logarithmic Finance (LOG) is the creation of a unique auction system in the NFT market. NFT auction functionality will only be available to LOG token holders on the platform. Users will be able to accept payments for NFTs in exchange for different cryptocurrencies or stablecoins on this platform.
Logarithmic Finance (LOG) plans to join decentralized exchanges (DEX) in 2022. It is stated that towards the end of 2022, the LOG token will have a staking feature, a stablecoin trading function, and a multi-wallet integration. In 2023, it is stated that the mobile version will be launched for IOS and Android users.Theta Network (THETA)
Ranking 41st in terms of market value, Theta Network (THETA) has a market dominance of 0.17%. Its total supply is 1 billion units, and the entire supply is in circulation. Theta Network (THETA), which moved at the level of $0.22 in March 2021, managed to reach a peak of $13.41 on April 15, 2021. The token is currently worth 7644% more than its all-time low of $0.04.
Theta Network (THETA) is a decentralized, open-source protocol that enables interoperability for multi-stream video applications. The protocol provides an incentive model that powers a decentralized streaming network. Theta Network’s native investment token, THETA, is used to power the protocol and incentivize user involvement in the network.
Theta Network (THETA) aims to provide a blockchain-based solution that enables LFR streaming without central servers or control points. LFR streaming is a next-generation live streaming technology that enables low-latency, high-quality live video to be delivered to any device with minimal buffering. Theta Network’s long-term goal is to become the infrastructure of a decentralized live video ecosystem powered by user-generated content and ad revenue.Solana (SOL)
Solana (SOL) is a digital currency that was created as an investment. Its market value is based on the amount of time it takes for a new block to be created on the Solana blockchain. The average time for a new block to be created is 60 seconds, and each block contains 10 SOL. This means that each SOL can be divided into 100 units, and each unit is worth 1/100th of a Solana.
On most popular platforms, transactions take longer due to network congestion, and high fees are charged for these long transactions. It’s no secret that time-consuming verification processes frustrate users. Top cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) are forced to increase transaction fees as network congestion increases. Solana (SOL), which has become one of the most used blockchains due to its speed and cheap transaction costs, seems to close this gap well. Solana has come to be regarded as the Ethereum killer, especially for addressing Ethereum’s weaknesses.
Behind Solana (SOL) is a professional team with experience working with Qualcomm, Google, Apple, Microsoft and Dropbox. The Solana blockchain was designed with a long-term vision in mind, with costs per transaction not intended to exceed 1 cent.
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