Monday, May 16, 2022
Home Press Release Ditch The Dip With Logarithmic Finance (LOG): Uniswap (UNI) and Cosmos (ATOM)...

Ditch The Dip With Logarithmic Finance (LOG): Uniswap (UNI) and Cosmos (ATOM) Tumble Further Down

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A general slump seems to have engulfed the crypto market. Initially, the investors were excited to ‘buy the dip’ but the continued downward trend has started to worry the investors and analysts.

One might want to consider ignoring the dip for a while as the market takes a trip further down. In such situations, fresh tokens can appear as the much sought-after saviors. Given the lowered prices of presale phases and promising innovative features, Logarithmic Finance has surfaced as an ideal crypto alternative at the moment.

Logarithmic Finance (LOG) On a 110% Hike

Logarithmic Finance (LOG) is a brand new entry into the crypto market and has already shown a hike in its value by 113.60%, as of 27 April 2022. This rise has been steady and constant, implying that LOG is not very volatile and is a safe bet for the time being.

It’s a fully decentralized layer-3 switching protocol with the ability to make communication between fintech developers and potential investors more efficient. LOG has prepared a lucid whitepaper in an attempt to be entirely transparent. It illustrates how LOG developers are driven to remove all impediments in their way to revolutionizing cryptoverse innovator-investor interactions. LOG also promises a multi-chain and cross-chain solution that will allow investors to securely transfer funds between blockchain networks. It is available on major blockchain platforms such as Solana (SOL), Polygon (MATIC), Ethereum (ETH), Avalanche (AVAX) and Binance Smart Chain (BNB).

Given the current environment of the market and LOG’s availability in the presale phase, this could be the perfect time to escape the stress of clocking big coins. LOG is available at discounted prices and can be trusted with your investments.

Check out Acranup (ACRN) Token

Another fresh token that can save you from the market gloom is the Acranup (ACRN) Token. This crypto is currently in the presale phase and has a clear roadmap which is earning the investors’ faith in it. The developers promise to burn the reserve tokens which is a great sign. This will stabilize the price of the tokens and promise better returns in the future since the supply will be capped.

Uniswap (UNI) and Cosmos (ATOM) Exhibit Worrying Trends

Following the overall trend of the crypto market, Uniswap (UNI) and Cosmos (ATOM) have performed in a concerning manner.

The value of Uniswap (UNI) has been on a constant decline over the past month. This reduction in value has gone beyond the point where the dip could have been trusted and UNI is showing minimal chances of staggering up the charts anytime soon. Moreover, the recent lawsuit against Uniswap has spelled bad news for the cryptocurrency. Allegedly, Uniswap violated the securities laws by offering unregistered tokens as digital assets although they were held as securities.

Cosmos (ATOM) is the native cryptocurrency of the Cosmos ecosystem. Much like Uniswap (UNI), Cosmos (ATOM) has been on a steep decline. Over the past week alone, the token skidded down by roughly 16%. The recent performance of these big tokens is a sign that maybe investors should take a break from looking at the big coins and shift their gaze towards the relieving fresh cryptocurrencies.

Learn more about Logarithmic Finance here:

Check out Acranup Token:

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The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Mark Brennan
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.


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