Now could be one of the best times to invest in cryptocurrency with the market experiencing a small pullback. Ethereum (ETH) and XRP (XRP) have both suffered losses in value over the past 24 hours so is it time to start looking for exciting new projects with tremendous upside potential?
Logarithmic Finance (LOG) is a state-of-the-art cryptocurrency that is just a week into its presale. The DeFi platform has already made its earliest investors a 23% profit and shows no signs of slowing down.
At the time of writing, Ethereum (ETH) is trading at $3,440.67 and has been moving sideways all weekend. The smart contract blockchain giant is currently 29% down from its all-time high price of $4,878.26.
Ethereum (ETH) is the second-largest cryptocurrency in terms of market cap. The Covid pandemic put the much-anticipated release of ETH 2.0 on hold which saw several "Ethereum Killers" such as Solana (SOL) and Avalanche (AVAX) explode in price.
Throughout 2022, Ethereum (ETH) is expected to steadily grow in value. When ETH 2.0 is finally released and many of the speed and price issues with the network are fixed, predictions are being made that it could shoot to $10,000 per ETH and even overtake Bitcoin (BTC) as the number one rated cryptocurrency.
XRP is the native token of the company Ripple Labs. The token is used to facilitate cross-border payments between banks and institutions at a lightning-quick speed. Currently, to send money abroad it can take up to 5 days to reach your recipient and cost you a considerable amount of money. With XRP, the transaction is made in under a second and only cost a fraction of XRP (Currently valued at $0.82).
For many years XRP and Ethereum (ETH) were neck and neck with each other in a battle to become the number one altcoin (Alternatives to Bitcoin). In December 2020, Ripple Labs were taken to court by the Securities & Exchanges Commission (SEC) over reports of miss-sold shares of XRP many years ago.
As a result of this, the price of XRP suffered heavily, falling to as low as $0.22. Whilst nearly every single crypto broke its all-time high record during the bull run of 2021, XRP remained stagnant and only reached a high of $1.84.
The utility XRP provides will be used by many of the major banks used worldwide. Once the lawsuit with the SEC is over, there are expectations that the price of XRP will explode with some suggesting it could get to $100.
Logarithmic Finance (LOG) promises to be the next-generation Decentralised Finance (DeFi) and Swapping Protocol. It seamlessly links early-stage blockchain innovators with investors. Its simple-to-use interface and Web 3.0 technology infrastructure will enable innovators to raise capital and develop products that would quickly attract the attention of the largest investors.
Logarithmic Finance (LOG) is A safe, non-custodial, and cross-chain ecosystem that enables dynamic fundraising opportunities on any of the following blockchains:
The presale of Logarithmic Finance (LOG) has gotten off to a fantastic start. In less than a week it has risen in value by 23% meaning that a $1000 investment would now be worth $1230. With 5 weeks left of stage one of the presale and another 2 stages to follow after that, there is incredible upside potential for Logarithmic Finance (LOG).
Some experienced cryptocurrency investors are saying the DeFi token could see at least another 5000% growth before its initial coin offering (ICO) on the major decentralised exchanges (DEX).
Enter Presale: https://presale.logarithmic.finance/
Website: https://logarithmic.finance/
Twitter: https://twitter.com/LOGARITHMIC_FI
Disclaimer: The information posted in the article is for educational purposes only. By using this, you agree that the information does not constitute any investment or financial advice. Do conduct your own research and reach out to financial advisors before making any investment decisions.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.