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3 Cryptocurrencies to Offer Greater Returns in the Bearish Market

3 Cryptocurrencies to Offer Greater Returns in the Bearish Market

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3 Cryptocurrencies to Offer Greater Returns in the Bearish Market

by admin
May 25, 2022
in ICO
0


Today, over 17,000 different cryptocurrencies are in use, and researching which ones to invest in can be time-consuming.

This is especially given the current bearish state of the crypto market and the uncertainties in each cryptocurrencies’ growth trajectory. However, we have some good news. There are coins such as Mountanaz (MNAZ), Solana (SOL), and Binance Coin (BNB) that have the potential and numbers to not only keep your investment afloat, but actually offer profits.

Let’s take a look at these cryptocurrencies.

Solana (SOL)

Solana (SOL) is a decentralized blockchain designed to stimulate the creation of dApps. It was founded by Anatoly Yakovenko back in 2017 and is today one of the largest cryptocurrencies with about $33 billion market value. Solana (SOL) is famed for its speed, product design, high scalability, and transaction throughput.

Solana (SOL) can process up to 50,000 transactions per second, making it one of the fastest blockchain. It features a proof-of-stake and proof-of-history consensus, unlike Ethereum (ETH) and Bitcoin (BTC), which only use a proof-of-work.

Because miners verify transactions with coins in them already and do not solve cryptographic equations, Solana (SOL) transaction processes go at a nitro speed. What’s more, Solana (SOL) supports its POW with a PoH algorithm that helps keep timestamps, thus making it easy to verify transactions.

Solana supports the sustainable use of resources, and its transaction processing and consensus systems are driven by ecodesign, especially as seen in its low gas fees. Solana’s place as the Ethereum (ETH) killer draws from its incredible product utility for transactions, dApps, and marketplaces built on its protocol.

Despite its bearish runs following the recent crypto price shocks, Solana (SOL) retains its prestige as a top choice cryptocurrency in 2022.

Binance Coin (BNB)

Launched by Changpeng Zhao in 2017, Binance (BNB) is a cryptocurrency supported by Binance Smart Chain, the third-largest cryptocurrency by market capitalization. Since its launch, the Binance Coin – BNB, has gone from merely stimulating trades on the Binance exchange platform to payment processing and exchange. It is also useful for investment in Initial Coin Offerings (ICOs) or exchanged for other cryptocurrencies like Ethereum (ETH) or Bitcoin (BTC).

BNB started as an ERC 20 token on the Ethereum blockchain but has evolved into the Binance chain’s native utility coin. It was released in July 2017 as part of an initial coin offering (ICO) with a cap of 200 million. With a 69% increase in price projection to scale up to $628 by 2022, Binance Coin could be a smart investment choice.

Mountanaz (MNAZ)

Mountanaz (MNAZ) is a public blockchain that uses a set of decentralized tokens to deliver DeFi to users. It is a DeFi protocol designed to provide cryptocurrency users and new adopters with seamless access to decentralized financial services and tools. Mountanaz (MNAZ) token offers a platform that will allow holders to trade and move their tokens for almost zero fees. As a user, you can borrow and lend crypto assets, following the high-grade multi-chain chain feature of the platform.

Mountanaz (MNAZ) platform aims to ease the otherwise long and expensive process of asset management, whether you’re lending, receiving, generating staking revenues, or bridging chains. It is a hub that combines bits of crypto and decentralized finance (DeFi) elements to power various use cases in the ecosystem. The ecosystem offers practical solutions for digital asset loans. It features a loan protocol that increases the profitability of digital asset capital to establish multiple loan pools comprising deposited and loaned assets.

Driven by a vision to integrate ultramodern security protocols to guide against attacks and foster automation, the Mountanaz (MNAZ) team designed the most intuitive and responsive liquidity bots, ready to protect users’ investments. Similarly, many safeguards are instituted to protect lenders in case bad-faith borrowers try to borrow beyond the percentage set in their deposited collateral.

Mountanaz (MNAZ) Governance is based on a Decentralized Autonomous Organization (DAO) managed by stakeholders comprising active owners, users, and community members who can all contribute to the protocols by providing liquidity using its services. The MNAZ native token is for general administration, lending, borrowing, and rewards.

The live market launch of Mountanaz (MNAZ) is scheduled for the last quarter of 2022. As the platform progresses, token buyback plans are underway to develop a limited supply channel in an ever-challenging market. The total supply of Mountanaz’s MNAZ Token is 50,000,000 units.

Investors that are interested in the new protocol should buy these tokens as soon as possible as the presale prices are witnessing a substantial surge in value.

Follow these links to stay abreast of Mountanaz’s (MNAZ) presale and launch:

Presale: https://purchase.mountanaz.io/register

Website: http://mountanaz.io

Telegram: https://t.me/Mountanaz_Token

 

KEYWORDS: Solana, SOL, Binance Coin, BNB, Ethereum, ETH, Bitcoin, BTC, Mountanaz, MNAZ

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