On the CoinMarketCap site, around 20,000 cryptocurrencies are now listed, and new coins are continuously entering the market. Cryptocurrencies are attracting more and more individuals around the world and have brought exceptional wealth to many crypto investors. However, for cryptocurrency newbies, navigating the cryptocurrency industry and understanding their investment potential can be quite daunting and difficult. The Logarithmic Finance (LOG) presale is a great opportunity for many newcomers to the cryptocurrency industry.
Logarithmic Finance (LOG)
Logarithmic Finance (LOG) is a protocol for exchanging layer 3 which aims to provide transparent communication between innovators and investors. A safe and non-custodial platform will create a vibrant cross-chain and multi-chain ecosystem that will benefit users in a variety of ways.
The new cryptocurrency project seeks to facilitate cross-chain transfers on many blockchains. LOG will allow innovators to raise funds on the blockchain of their choice, such as Ethereum (ETH), Binance Smart Chain (BNB), Avalanche (AVAX), Tezos (XTZ), Solana (SOL) and Polygon (MATIC).
Logarithmic Finance will activate several DeFi (Decentralized Finance) solutions as the platform moves forward in its roadmap, allowing investors to trade their NFTs. Members of the LOG community will have exclusive access to NFT’s auctions. Innovators will be able to receive payments for their NFTs in exchange for other stablecoins and cryptocurrencies with an added benefit of 80% gas fee reduction on these transactions.
For utility and governance, LOG will use ERC-20 tokens. For the LOG community, the coin will offer stacking rewards and exclusive access to pools.
The native token LOG has seen a price increase of 72% since the start of its presale and is expected to rise further in the coming weeks. Due to the success of previous presales, early investing is becoming increasingly popular with all cryptocurrency investors. Since the price of the coin cannot drop during the pre-sale, many cryptocurrency investors believe that acquiring early will yield significant returns.
The blockchain platform open-source public Terra (LUNA) from Terraform Labs, which was launched in 2018, has earned a solid reputation and a strong position in the cryptocurrency industry. The Terra Protocol’s native staking token, LUNA, absorbs Terra’s price fluctuation and is used for governance as well as mining. Token holders LUNA can propose and vote on governance procedures.
Terra solves speed, scalability, and accessibility issues with the goal of making DeFi accessible to everyone, thus fostering a thriving environment.
Monero (XMR) is a decentralized privacy cryptocurrency that was created in 2014. Its stated goal is to provide transaction security and anonymity. Monero stands out in the cryptocurrency market thanks to encryption mechanisms that conceal the identity of senders and receivers.
Unlike other blockchain networks, Monero is particularly focused on privacy-protecting technologies and censorship-resistant transactions. Monero found it necessary to make all individuals anonymous by default. Their native token, XMR, is completely fungible. All information related to the XMR cryptocurrency is concealed, and its usage cannot be tracked.
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