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Ethereum (ETH)- it is the second-largest crypto project in the world, co-created by Vitalik Buterin to answer for Bitcoin’s shortcomings, and is a single decentralized system that runs a computer called the Ethereum Virtual Machine (EVM). On September 15th, Ethereum switched to the PoS (Proof-Of-Stake) mechanism to improve and become more secure, energy efficient, and better for implementing new scaling solutions compared to PoW (Proof-Of-Work).
On 12th March it completed its most recent major upgrade known as Shanghai Upgrade, this upgrade enabled validators to withdraw their staked coins.
BNB- this cryptocurrency is issued by the Binance exchange, among the top crypto exchanges for staking according to Forbes. This coin gives a seamless marketplace for dealing in various digital tokens. It is one of the biggest cryptocurrencies by market capitalization and it can be used to pay transaction and trading fees on the Binance exchange.
CIN- CIN coin is a native of CryptoxIN (a decentralized social media platform) that is based on its own blockchain and introduced by FutureFi. Though this crypto coin is new in the market it has a promising future ahead. You can use this crypto coin to pay for services on CryptoxIN.
FUFI- FutureFi comprises of blockchain-driven cryptocurrency FUFI, you can use it as a tool for investment, as a mode of payment for goods and services (In Future), lending and borrowing, to buy NFTs and land in Metaverse, or it can also be used as a fuel for products in the FutureFi ecosystem. One of the best use cases of this cryptocurrency is due to its low fastest transaction process and inexpensive computational power it can be used in real-life industries, it can operate from small shops to a billion-dollar industry.
Dogecoin- this meme coin was started as a joke of the wild speculation in cryptocurrencies. This cryptocurrency is based on Litecoin and uses the same PoW (Proof-Of-Work) technology. Elon Musk a well-known business magnate and investor openly supports Dogecoin and his tweets and statements often affect this cryptocurrencies prices. As of April 2023, this cryptocurrencies market cap ranking was number 8, with a market capitalization of $11.4 billion.
Tether- is a stablecoin, which means it provides stability unlike crypto coins and is pegged to a fiat currency. This also enables investors, or traders low volatility solutions when exiting a position in the market.
Tether token is pegged at 1-to-1 with a matching fiat currency (e.g., 1 USD₮ = 1 USD) and is backed 100% by Tether’s reserves.
It was created to bridge the gap between fiat currencies and blockchain assets. Moreover, it also provides stability, transparency, and low fees for USDT users.
XRP- Ripple Labs a technology company in the United States created Ripple’s blockchain infrastructure in response to Bitcoin technology. Its aim was to provide banks with faster, inexpensive, and streamlined alternatives for conducting cross-border transactions. It is a real-time gross settlement system a currency exchange and remittance network, and the company behind the XRP ledger (XRPL) facilitates payments through its XRP (XRP) cryptocurrency.
SHIB- the value of this crypto coin may not be very high but it always stole the limelight for many reasons and proving itself a good choice for investors. It is an altcoin of Dogecoin though Dogecoin is also an altcoin of Bitcoin.
This crypto coin is very popular among major crypto exchanges and its user base is increasing with each passing day.
MANA- Decenterland is a metaverse (a virtual/digital world) where users can buy, sell, and own NFTs (Non-Fungiable Tokens) and lands. With the virtual world, users can interact, and connect with each other.
MANA is a digital asset token that can be used in Decenterland to buy goods and pay for services.
TRX- is a cryptocurrency that has its own blockchain-based platform called TRON. It ranks among the 31st cryptocurrencies in market capitalization. TRX has been introduced with the goal to eliminate the corporate middleman from the process of consuming media.
Trade these cryptocurrencies simply with TradeKIA and there are more to come soon.
Disclaimer
This blog neither supports nor encourages trading, Crypto products and non-fungible tokens are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.So, before investing do your own research.