There’s a lot of research that goes into choosing and investing in a cryptocurrency. It can be an overwhelming thing to do at once which is why some investors have watchlists which are a list of cryptos they are currently following and monitoring. To add to your list, here are 3 tokens to consider monitoring. Let’s take a look at Binance Coin (BNB) and Litecoin (LTC), two cryptos that have consistently performed well this year, as well as Pac-Man Frog (PAC )– a new coin in its presale phase with oodles of potential.
Litecoin (LTC)
Litecoin (LTC) is a peer-to-peer cryptocurrency built from a fork in the Bitcoin (BTC) blockchain in October of 2011. It is an open-source and decentralised global payment network that enables instant and near-zero cost payments for anyone in the world. Despite the blockchain’s similarities with Bitcoin’s (BTC) blockchain, it is four times faster. The Litecoin (LTC) platform adds transaction blocks to the chain every 2.5 minutes whereas Bitcoin’s (BTC) adds transaction blocks every 10 minutes. This is a significant difference.
Also, the supply limit for Litecoin (LTC) at 84 million is four times the supply limit of Bitcoin (BTC) at 21 million. Hence why it is referred to as the “digital silver”.
Litecoin’s (LTC) value is tied to its scarcity and if demand for it continues to grow, this should increase its price. With the increasing interest, people have in it, the currency has the potential for significant returns.
Binance Coin (BNB)
Binance is the biggest crypto exchange in the world as measured by trading volume and Binance Coin (BNB) is its native currency. It was created in 2017 as a utility coin for discounted transaction fees and now it is used for things like travel booking, online services, entertainment, and other financial services. The token is the fifth most popular and valuable crypto by market capitalization and has a market cap of over $51 billion.
Besides trading, the Binance Exchange has a lot of features for its users. These include the Binance NFT marketplace and the Binance Launchpad. Seeing as a lot of crypto exchanges and trading happens on the Binance exchange and Binance Coin (BNB) is the native currency, there is a possibility of a price increase over time. It could be a potentially good investment.
Pac-Man Frog (PAC)
Pac-Man Frog (PAC) is a decentralized community-led token. It is built on Solana (SOL) to lead the future of Web 3.0 and become the most powerful platform for NFTs, DeFi, GameFi, and a DAO community. The platform plans to have NFT cross-chain interoperability with Substrate blockchain architecture. The network, acting as a para-chain, will communicate with other blockchain networks to use a cross-chain transfer bridge. This will allow the transfer of NFT tokens and cross-chain calls of NFT contracts in different main chains.
Pac-Man Frog (PAC) features an NFT aggregator that will collect real-time data on NFT assets from various blockchain networks to provide its users with a comprehensive understanding of the market trends. Some of its other features include a game incubator, an NFT launchpad, and a GameFi NFT marketplace.
The cryptocurrency is currently in its presale phase and might be worth following.
For More Information on Pac-Man Frog (PAC)
Presale: https://presale.pacmanfrog.io/register
Website: https://pacmanfrog.io/
Telegram: https://t.me/PACMANFROGOFFICIAL
Twitter: https://twitter.com/PacmanfrogToken
Instagram: https://www.instagram.com/pacmanfrogsocial/
Litecoin:
Website: https://litecoin.com/en/
