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Enjoy Christmas Trading When You Buy Aave, Solana and Cryptoons

IndustryTrends

Christmas is almost here. What better way to end the year than to make incredible returns on valuable crypto tokens? Whether you choose to buy and sell or you choose to hold for a while, you must go for the exciting cryptocurrencies.

In our piece today, we will discuss three fascinating crypto tokens you should consider buying.

Let's start with Solana.

Solana (SOL)

So many issues have faced the Solana ecosystem recently, but it remains one of the top blockchain networks. Recently, one of its major liquidity-providing tokens, WSRM, has been delisted from Binance, thanks to the FTX saga. Aside from that, its major NFT marketplace has launched on Polygon. This is no little nice as Solana now has Polygon to contend with.

In the face of all these terrible happenings, Solana is still solid. Solana's technology attempts to solve one of the biggest problems of the blockchain network, which is scalability. Solana is solving the scalability issue, threatening top blockchain networks like Ethereum. With its eight core components that include proof of history and delegated proof-of-stake, Solana has successfully processed fast transactions. As said before, Solana is solid. But, it is now evident that it is not an Ethereum killer.

Traders and investors can still buy Solana if they believe that the network sorts all its issues and grows bigger soon.

Aave (AAVE)

Aave is a decentralized finance (DeFi) protocol that facilitates lending, borrowing and staking amongst DeFi enthusiasts. Unlike traditional finance, Aave is devoid of intermediaries. You may ask if there are no middlemen, how does Aave give out loans? Smart contracts enable users to carry out numerous transactions on the Aave protocol.

However, before users can borrow tokens on the protocol, they must deposit collateral. For instance, if a borrower has ETH, they can deposit it as collateral for BNB. The collateral also has to be equivalent to the amount borrowed. Aside from that, Aave also has a flash loan feature. Users can borrow funds without collateral within 13 seconds.

There is so much to do with Aave. You can choose to trade DeFi with the protocol. You can also hold the token for long-term purposes. Altogether, it is one of the best DeFi protocols in the ecosystem.

Cryptoons (CTOON)

Cryptoons is on our list because of its unique use solutions. We can agree that before now, the comic niche was not considered in the blockchain ecosystem. Cryptoons was birthed to merge blockchain and comics.

In recent years, we have seen how comics and animation have become popular, especially in Japanese comics. The animations and cartoons are called Anime and Manga, respectively. In this work of art, there is a unique storytelling pattern that compels fans to stick with it. Cryptoons thought to elevate this market through blockchain technology. Blockchain will enable fans to connect with creators transparently.

You may ask, how are Cryptoons merging comics and blockchain? It is doing so with two strategies—NFT Factory and Comic Launchpad. NFT Factory is where legit creators can convert and sell digital comics, regardless of file type, into NFTs. Users can also buy and sell comics, follow their favourite creators, and preview comic content. In addition, users can stake and loan their NFT comic within the factory.

The Comic launchpad is a collaborative platform for creators to launch a project. The platform can handle every project stage, from ideation to product sales.

For anyone to participate in the activities of the Cryptoons community, they need the CTOON token. CTOON will be used for payments, rewards, and governance. Learn more CTOON here:

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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.

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