Solana, Cardano, Matic, Avalanche, Litecoin, Bitgert & Centcex – 5 Facts About These Cryptocurrencies
by Analytics Insight
January 20, 2022
Here are some promising cryptocurrencies and key facts investors need to know about them
As the cryptocurrency craze grows and people start looking for the best crypto investments, the issue of project content is getting lost. That’s why some nice-looking projects have collapsed, and investors ended up losing a lot of money. This list comprises some of the most promising cryptocurrencies of 2022 and some of the key facts investors need to know about them. Read more below:
1. Bitgert
If you have not heard about this project, you to rush to the Bitgert website right now to see how an amazing crypto project it is. Several things are making this project popular, but the disruptiveness that it comes with is one of the major factors. Bitgert is the only DeFi project in the crypto industry that is developing a gasless blockchain in a record time 18 months from the launch date. Here are more facts about Bitgert:
- Bitgert team launched more than 5 products in the first 120 days.
- The platform has an automated token buyback and burns process
- BitgertCEX launches in Q1
- Bitgert is launching a zero gas fee blockchain in 2022
- Token holders get free BUSD every 60 minutes
2. Centcex
For investors looking to make good money from staking and other rewards, Centcex is the project to consider. The project is designed to earn investors good investment through the staking process. The Centcex team is developing an unlimited number of products that will be running on the ecosystem, and token stakers will be getting 100% APY of the revenues they will be generating. Here are 5 facts about Centcex
- Centcex project develops cryptocurrency-based appliances
- Centcex no-KYC exchange is in the development stages
- Token stakers shares 100% APY of products’ revenue
- A 3% tax on all transactions goes to funding project development
- The project is built BSC
Go to the Centcex website for more info
3. Solana
Being the fastest blockchain is not the only thing about Solana. There is so much about this project that most people don’t know. We have some interesting facts about Solana below. But it is important to note that the team is working on various scaling solutions to make the mainnet more efficient for faster speed. Here are 5 facts about Solana that crypto investors should know:
- Solana uses Proof-of-History technology
- Current tps is over 65,000
- The currentdemand is 400,000 tps
- $SOL increased by 13,300% in 2021
- It is among 10 largest cryptocurrencies today
4. Cardano
When you think Cardano, what comes to mind is Charles Hoskinson. This is a guy who has made significant achievements in improving blockchain technology through this project. Cardano is today one of the largest blockchains and one of the fastest and most secure blockchains in the market. The team is currently working on a massive scaling project that will make Cardano the fastest blockchain. Here are 5 interesting facts about it:
- Cardano was founded in 2017
- The founder,Hoskinson, co-founded Ethereum
- $ADA has been in the top 10 list since launch
- Cardano is the name of the first computer
- Hydra protocol upgrade will reach 1m transactions per second
5. Avalanche
Avalanche is recognized as the fastest smart contract at the time of this writing. This is a record Avalanche has held for a long time now and might not lose it any time soon. The Avalanche team has been improving its network to make the smart contract faster, cheaper, and more secure. The team is also working on increasing the number of projects on the network in 2022. Here are some interesting facts about Avalanche.
- Avalanche is the fastest smart contract, based on time-to-finality
- The platform token create scarcity by burning
- AVAX tokens are hard-capped
- The more scaling solution to launch in 2022
- It is compatible with Ethereum smart contract
6. Matic
Matic is the crypto coin for the Polygon blockchain, one of the best scaling solutions for the Ethereum blockchain. Polygon works by turning the Ethereum network into a multi-chain system to handle multiple transactions at one time. That’s how the scaling solution of the Ethereum is achieved and the reason why Matic, a Polygon token, is doing very well in the crypto market. Here are 5 facts about Matic:
- Matic is the Polygon native coin
- Matic is capped at 10,000,000,000
- It is an ERC-20 token
- Polygon is an Ethereum layer-2 scaling solution
- The smart contract was founded in 2017
7. Litecoin
The Litecoin team has been making moves in the last few days of 2022 that have the industry attracted. As an internet payment system or cryptocurrency, Litecoin has been receiving huge endorsements, with major players in the market adopting it as a currency. In the last few days, NetCent, Verifone, and Bitpay joined the list of companies accepting Litecoin as currency for paying for. Here are 5 factors about Litecoin:
- It is a peer-to-peer payment system
- Taunted as Bitcoin little brother
- Litecoin is mined
- Block verification is by mining software
- For every block, miner earns 12.5 LTCs
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