Facebook is looking to launch a new cryptocurrency, likely tied to the US dollar, so that its employees can receive their salaries in the digital currency. The social networking giant has also been exploring introducing physical machines to purchase cryptocurrency, essentially working like cash-dispensing machines in reverse. In the near future, third-party groups could become ‘nodes,’ or servers that validate cryptocurrency transactions. That’s a huge deal.
X2Y2
X2Y2 is an upcoming crypto project that is slated to launch on February 15th. The token supply will be around 1,000 million, with 12% reserved for airdrops and treasury and 10% for presale. X2Y2 is a token that is akin to Ethereum, but the token is decentralized. In addition to treasury, X2Y2 will also use the ILO to collect liquidity. The ILO will also permanently destroy part of the LP tokens, which will be added to the total. The staking rewards will be at 65% of the total supply.
While the X2Y2 coin is available on a variety of crypto exchanges, it is impossible to purchase it using fiat money. However, it is possible to purchase Ethereum from a fiat-to-crypto exchange, then transfer your Ethereum to the X2Y2 exchange. This process can take as little as one day. There are many scams out there, so be sure to do your research before purchasing X2Y2 cryptocurrency.
Shiba Inu
The Shiba Inu cryptocurrency is a decentralized virtual currency that operates on a blockchain database. This database verifies every transaction and records each one. Eventually, this database becomes an exhaustive record of the movement of the currency. It operates on the Ethereum blockchain, which provides the Shiba with safety and functionality. This cryptocurrency may prove to be a lucrative investment for those looking for growth potential in the crypto market. However, investors must be aware of the risks of holding this cryptocurrency.
The Shiba Inu coin has its roots in internet memes and trends. It was launched in 2013 as a direct competitor to Dogecoin and then snowballed into a billion dollar cryptocurrency. It is based on a pixelated Shiba Inu dog mascot, and the cryptocurrency’s price fluctuates with celebrity tweets. As a new cryptocurrency, it is worth keeping an eye on how it performs in the future.
Bitgert
If you’re looking for an excellent investment in a new cryptocurrency, Bitgert might be your best bet. With its upcoming development, the coin’s price is expected to increase by 1000 times! Read on to find out how this coin will grow as it moves through its journey toward cryptocurrency kingdom. In addition, we’ll discuss why this cryptocurrency is one to watch. And don’t forget to check out the rest of our Cryptocurrency Guide for more information.
The Bitgert Startup Studio provides support to developers looking to issue cryptocurrencies. This means developers can conduct private or public token sales. Bitgert also provides marketing and technical support for their projects. This centralized studio has been the heart of the BRISE ecosystem, producing several projects, including Waferrise, a passive income DeFi platform, and OpenVault, an NFT staking platform. However, there are some problems with Bitgert, and it is important to consider your own research before investing.
SeeSaw Protocol
The Seesaw Protocol is an upcoming cryptocurrency with a great potential to change the crypto industry. The project is currently in the third stage of its presale, which means that the price will likely skyrocket on launch day. However, there are a few key issues to keep in mind when investing in this new currency. First and foremost, do your research! Always invest only what you can afford to lose.
One of the key features of this new cryptocurrency is its decentralised multi-chain ecosystem. The token will be distributed on the Binance Smart Chain, Ethereum, and Polygon. Seesaw Finance will offer comprehensive crypto asset management services, including P2P exchange services. The Seesaw Protocol also incorporates a multi-chain swap functionality, a locked liquidity aspect, and a time lock smart contract. This is all possible through the Seesaw Protocol.
Avalanche
The AVAX cryptocurrency is the main currency of the Avalanche ecosystem. It is used for staking rewards and to pay fees. There are 720 million AVAX tokens scheduled to be minted. Of that number, 360 million were issued at the time of launch. Its primary decentralized exchange is Trader Joe, and it has over $1.47 billion worth of AVAX locked in smart contracts and liquidity pools. The project’s founder, Emin Gun Sirer, is a prominent voice in the cryptocurrency industry.
Avalanche is a blockchain platform that allows anyone to create multifunctional blockchains and decentralized applications. It aims to improve on many of the limitations of Ethereum’s platform by combating centralization and scalability issues. Its consensus protocol is designed to have low latency, high throughput, and resistance to 51% attacks. It is set to launch its mainnet in September 2020, and its token sale raised $42 million. Avalanche features a network of three interoperable blockchains and a native cryptocurrency, AVAX.
