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Best 3 Cryptos for 200X Gains: Lynqyo, Avalanche, and Fantom

Place/Date: - August 26th, 2022 at 4:52 pm UTC · 3 min read
Source: Lynqyo

If you are trying to identify the best cryptocurrency to buy now, we suggest you shortlist the potential asset based on its utility and long-term road map. It will help you to identify which tokens could perform well.

For your benefit and convenience, we have researched the cryptocurrency market and identified three such coins that could potentially moon in the future. The three cryptocurrency tokens are: Lynqyo (LNQ), Avalanche (AVAX), and Fantom (FTM). Here’s why these three coins are poised to potentially register huge gains in the medium to long-term future.

Lynqyo (LNQ) Will Help Creators with Web 3.0 Tools

Lynqyo is planning to create a new ecosystem that will provide a direct interface between creators and consumers. It will be powered by the native LNQ Token. The LNQ Token can be purchased on presale.

Any content creator will be able to redirect fans to a personalized lynq.yo/ page containing premium content. The fan will be able to subscribe by utilizing LNQ tokens. Fans will also be rewarded for sharing and commenting on content posted by creators. It will enable an entire economy and will provide an easy method of monetization for content creators.

Holding the LNQ token will provide various benefits to holders. These include automated royalties, fan gifting, community governance through a DAO, and liquidity.

The LNQ token will run on multiple blockchain networks and fans will be able to experience high-speed transactions and lower costs. It will be initially deployed on the Polygon chain but will embrace other networks in the future. The LNQ token will be used as a payment currency within the ecosystem, as a reward token for fans, and governance purposes inside the DAO.

Avalanche (AVAX) Creates a New Milestone in Terms of API Requests

The Avalanche network is known for its high-speed transactions and low costs compared to rival networks. The Avalanche blockchain is powered by a native token known as AVAX. Avalanche uses a Proof-of-Stake (PoS) consensus mechanism to operate. This means Avalanche can use significantly less energy than Proof-of-Work (PoW) platforms.

The Avalanche network has created history by processing 3B API requests during the past 24 hours. It shows the amount of activity being carried out by developers on the Avalanche network.

The Avalanche token, AVAX, has seen a lot of consolidation during the past few weeks and could potentially be heading for a rally in the medium to the long term. Avalanche was hit by the crypto crash like every other crypto giant but Avalanche’s recovery has been phenomenal. It has led to many crypto enthusiasts putting Avalanche back on their portfolio.

Fantom (FTM) Users Can Now Provide Liquidity on Spooky Swap V2 Vaults

The Fantom blockchain network is compatible with EVM and is powered by a native token known as FTM. The Fantom network was built to provide decentralized finance (DeFi) services to retail clients at lower costs.

It is a Proof-of-Stake cryptocurrency network and is capable of scaling easily. Fantom users can now provide liquidity on Spooky Swap and save on impermanent loss.

It provides a better option for Fantom holders to gain a passive source of income without suffering much risk.

To Conclude

Fantom and Avalanche have seen amazing comebacks since their respective slumps during May. They provide opportunities for any crypto trader to make a substantial profit if trading at the right time.

Lynqyo provides the same opportunity. The innovative platform has a lot to offer any crypto enthusiast. Its presale starts in 54 days, will you become part of the Lynqyp family?

Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release.

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