The future of crypto is bright; diversifying investment portfolios to hold assets like ADA, AVAX, and RENQ is one sure set up for a profitable long-term investment.
While some other tokens might be relevant at the moment, their momentum is weakening, a token like RENQ is starting to receive the same relevance and with an increased utility, making it a good investment option for the future. Similarly, Cardano and Avalanche, while not new, have a bright future due to their usefulness.
Avalanche (AVAX)
Avalanche was developed in a bid to solve the scalability and transaction speed problems that have plagued Ethereum. It is one of the few blockchain systems that supports both private blockchain networks and completely decentralized apps. It can compete effectively with Ethereum thanks to its large transaction output of up to 6,500 transactions per second.
Avalanche is currently worth $19.58. AVAX has been showing a positive long-term tendency. Avalanche is currently ranked 16 amongst all cryptocurrencies according to market capitalization.
A bright future is ahead for this coin.
Cardano (ADA)
The Cardano network is the first decentralized blockchain system to ever receive peer review. It was developed by the former co-founder of Ethereum, Charles Hoskinson, and released in September 2017. It has a maximum of 45 billion token issuance.
The Cardano network has been recognized by the World Economic Forum (WEF) as one of the most scalable systems. The network has been making rapid progress towards becoming the first chain that is peer-reviewed and flawlessly scalable.
Cardano uses ADA as its native money to power that protocol.
ADA will have a strong ride in the days ahead.
RenQ Finance (RENQ)
RENQ is a community-driven organization that was established to address a specific problem.
This problem relates to different forms of liquidity’s inability to interact with markets in a decentralized way and vice versa. In contrast to the incrementally progressive advancements that other solutions give towards the solution of the liquidity problem, RENQ is designed to gradually build a greater diversity of network effects. RENQ is not constrained to a single solution; instead, it weaves together a variety of various decentralized marketplaces and tools.
RenQ Finance is the latest development in the world of DeFi. It is a revolutionary platform that will bring cutting-edge innovations and reinvent how services are executed in the Decentralised Finance system.
RenQ Finance will be a cross-chain exchange platform for different financial assets, it has the aim to connect the isolated blockchain networks. This means that people can now trade value across the borders and limits of these networks.
The team behind RENQ is made up of blockchain network experts, technologists, business owners, and engineers who have a diverse range of educational backgrounds and skill sets.
RENQ is the native currency for governance on the platform; it is deployed on the Ethereum blockchain, i.e., ERC-20, and will be bridged across multiple blockchains after its launch.
It has a total supply of 1 billion, and its public sale is expected to release 50% into circulation. The RENQ vault, RENQ pool, RENQ farm, and Exchange listing will each hold 10% tokenomics. The other 10% goes into the liquidity and the team in equal portions.
The token is live at its presale making it a viable investment worthy of returning 8000x for capital invested; the price per unit is at $0.020 (phase 1), it is expected to keep appreciating in the prelaunch and then take off with momentum once it is officially launched.
RENQ has a huge prospect for the next few years, and you don’t want to miss out.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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