The Big Bank Theory: Invest in Cronos (CRO), Logarithmic Finance (LOG) and Stellar (XLM) to Make More Money
April 21st, 2022 at 12:13 pm UTC · 3 min read
The crypto market is being flooded with options and airdrops with every passing second of the day. To establish the biggest contenders of the game, it is essential to look at the new and old crypto tokens alike. The market is finally recovering from a slump that had been present for weeks. Now is the time to pick your tokens wisely and make investments that are ideal for your bank account!
Here is a list of diverse crypto tokens that promise to fetch big and secure returns on investment.
Cronos (CRO)
Cronos (CRO) is the native crypto on the Cronos chain which is an open-source blockchain developed by crypto.com. The token has proven its validity in different ways such as having a transparent narrative about its origin and being the official sponsor of FIFA 2022 happening in Qatar later this year. Cronos (CRO) also offers benefits to its members like discounted trading prices, staking interest, cashback, etc. the token has also been acknowledged for its low trading prices and high APY.
The analysts have deemed CRO as a steady player in the long-term game. Currently valued at $0.41, the token is predicted to reach the value of $3 by the year 2025. All the analyses about CRO point towards a positive and secure return on investment which might appeal to beginners in the crypto investment field.
Logarithmic Finance (LOG)
Logarithmic Finance (LOG) is a brand new entry into the crypto world but its unique features are already making a stir. It’s a layer-3 switching protocol that links fintech investors and entrepreneurs while also lowering friction in their communication. LOG’s main goal, according to their lucid whitepaper, is to bridge the gap between investors and innovators to pace up the fintech industry’s overall growth. LOG token holders can also exchange their cryptocurrency for NFTs. Hence, LOG is on its path to creating a financial space that is inclusive of artistic creators, technological developers and investment enthusiasts.
Another attractive feature of LOG is that it is developing a multi-chain cross-chain system that will allow investors to generate funds across a variety of decentralized blockchain networks, including Binance Smart Chain (BNB), Ethereum (ETH), Solana (SOL), and others. LOG happens to be in its presale phase which means right now is the perfect time to secure the investments in this cryptocurrency.
Stellar (XLM)
Stellar (XLM) has been keeping up with developments in the fintech business since its launch in 2014. It’s a public blockchain network that also offers enterprise solutions by serving as a handy gateway to financial institutions for major transactions. Stellar (XLM) is a distributed ledger technology that allows banks and financial organisations to conduct quick and low-cost transactions. This feature is best for large transactions because it reduces the time it takes to complete the transaction, the cost of the transfer, and the intrusion of middlemen. Stellar (XLM) also shows a record of minimal value fluctuation in the face of a recently bearish market that vouches for its resistance against volatility.
Even though Stellar (XLM) is a network for large institutional transactions, it is still an open blockchain network accessible to everyone. Because of the simplicity with which it facilitates larger transactions, it is particularly popular among start-ups and developing businesses.
Instead of depending on one cryptocurrency alone, these tokens could be mixed to create a versatile portfolio. This will reduce the risk and diversify your investment prowess backed by personal research and identification of market trends.