Place/Date: - May 16th, 2022 at 2:36 pm UTC · 3 min read
Source: Logarithmic Finance
Cryptocurrency is a major investment opportunity nowadays. Unlike years ago when it used to be a “fringe” investment, there’s hardly an average investor now who doesn’t know about Bitcoin (BTC). However, due to the high cost of major coins like Bitcoin (BTC) and Ethereum (ETH), people sometimes feel crypto is too expensive to venture into. This is not necessarily true, as there are a lot of good cryptos that are low-cost. Logarithmic Finance (LOG), XRP (XRP), and Cardano (ADA) are prime examples of this. At the time of writing, they are all selling for less than $1 and would make great investments.
Logarithmic Finance (LOG) is a noncustodial and secure cross-chain platform that offers dynamic opportunities for innovators to raise funds on any blockchain network of their choice. It is a layer 3 next-generation swapping protocol that was carefully developed to promote smooth communication and connection between early-stage investors and innovators. The project was kickstarted in October of 2021 and is currently in its presale phase with the LOG token being sold at $0.0042. This makes it the best time to buy into this project as it is at its lowest possible price and is sure to surge after its presale phase.
LOG is Logarithmic Finance’s native utility ERC20 token and opens up its holders to a wide range of benefits available on the platform. Some of the benefits include; governance rights, staking rewards, exclusive pools access, better swap ratios, and high yield investments.
Logarithmic Finance (LOG) is offering multi-chain and cross-chain integrations to expand the scope of the investors and innovators on the platform. Although it currently only supports Ethereum (ETH), it has plans to integrate other blockchain networks like Polygon (MATIC), Avalanche (AVAX), Solana (SOL), Tezos (XTZ), and Binance Smart Chain (BSC).
XRP (XRP) is an open-source digital asset developed by Ripple to be a practical cryptocurrency for applications across the financial services space. It uses an open-source distributed ledger called the XRP ledger. The blockchain claims to be useful to companies, institutions, developers, and individuals because of its extraordinary utility.
XRP (XRP) is a permissionless and decentralized technology and fast settling transactions in 3-5 seconds while being carbon-neutral. The platform handles 1,500 transactions per second (TPS) with low transaction fees averaging $0.0002 per transaction. Using the XRP ledger rather than a proof-of-work consensus mechanism has proven to be more energy efficient by 61,000 which makes it a very substantial option.
XRP is ranked 6th on CoinMarketCap with a market cap of over $25 billion and the XRP token is currently selling for $0.52 which is a very affordable price. It is a worthy investment choice as the price should go up and that will greatly reward its existing users.
Launched in 2017, Cardano (ADA) is the first blockchain network to implement the first peer-reviewed proof-of-stake (PoS) blockchain protocol, Ouroboros. It claims to be a platform for innovators, change-makers, and visionaries with all the technologies that are needed for anyone to create positive change globally. The Cardano (ADA) token is currently selling for $0.68 and is ranked 8th on CoinMarketCap with a market capitalization of over $22 billion.