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Binance smart chain seems to be increasing in her popularity owing to the fact that most new projects and even old projects are adopting it. I know several projects that have both ethereum and binance smart chain tokens and that's because they want to enjoy the benefits of both blockchain.
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Ethereum has been on the space since 2015 and that shows that the project has come to stay, even looking at the results that have been accomplished, even a babe in the industry would tell. Most of the projects you have are doing very well and would likely outlive five years from now.
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Looking at short term initiative, it's wise to go for projects who have gotten a grip on the market and most likely have a better chance of increasing in the near future. The cryptocurrency market is highly volatile and profits are made when one knows how to take advantage of the volatility of the market.
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I believe one of the reasons why some projects prefer making their codes available to the public is because of continuity and development. I don't support the copy cats, but I believe that they must have added something more before coming onboard. It would be unethical to copy hook, line and sinker without adding some modifications to the codes.
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My altcoin for this month is ethereum. From the market movement, ethereum has been faithful in keeping up the value despite the fact that the market has been volatile. Ethereum seems to be on the verge of hitting a new ATH and I see that happening before the year ends. I'm looking at over $5,000 for ethereum in the next few days.
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I got to know about TRON few years ago because at that time the value was predicted to reach $1 and it was trading less than a cent. So I got interested and got some of the tokens. Its been a while now, and the value has been relatively stable. If I had invested that amount into dogecoin, it would have been a better option as dogecoin that was taught to be a meme coin without use case has made more millionaires.
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In my opinion, polygon is one of the most undervalued cryptocurrency. It's been around since 2019 and despite the fact that it was successfully listed on great exchange like binance, kucoin and huobi, the value has remained relatively stable. I feel its high time the project considers doing things differently and hopefully we could be having matic trading at over 10$ by next year.
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I personally prefer CoinMarketCap because it has a friendly user interface and has many more products and features that makes the search easier. One could gain more knowledge about different aspects of the cryptocurrency market at just a glance because projects has been arranged according to their similarities. Various information that an investor could need about a project are readily available.
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It feels like Shiba inu is more than what we think it is. We were told that Shiba inu was a meme coin and has no real use value, but now it seems like Shiba inu is now serving as a means of payment. There must be more to this Shiba than what meets the eyes, but in everything, it's best to get some Shiba inu, irrespective of what everyone else is saying. Shiba inu could be your key to financial freedom.
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I've always seen investing as the best way to go when it comes to financial security. Investing helps one to avoid the risk of working continuously Inorder to make ends meet. One of the ways of investing is staking and contributing to the liquidity pool of some good projects, though this is more lucrative when one has a more capital.
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BNB is doing great, no doubt and the potential of the coin is glorious as the use case has been on the increase, but I still don't see BNB taking the place of Bitcoin anytime soon. Bitcoin has always been the king and may always be the king owing to the fact that all other coin are subject to Bitcoin. It would take a very long time to get bnb trading at the present rate of Bitcoin.
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Thanks for sharing your experience. I've had a similar issue when I imported my wallet to trade in a decentralized exchange and lost about one ethereum few years back. I really can't remember the name of the DEX but at that time we had few DEX where ethereum tokens could be traded.
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One of the most prevalent issues in the cryptocurrency space is the issue of Scammers. I guess it's because the industry is still very young and we have several naive individuals who are still trying to understand how the system works. It may be very difficult to eliminate the issue of scam now, but I believe with more knowledgeable people in the industry, scam would be greatly reduced or eradicated.
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It's a good initiative and I must say it's commendable. I've never been a gamer but I love the fact that people could earn while doing what they love to do. I've once considered gaming as a waste of time, but with the possibility of earning from gaming, I'll reconsider my opinion.
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