The Ethereum blockchain is one of the most successful crypto projects. It is the second largest crypto network after Bitcoin (BTC). In addition, it introduced smart contracts and became the blockchain hosting the highest number of crypto projects.
This article will highlight two top cryptocurrencies hosted on the Ethereum blockchain.
The Shiba Inu and Hypaswap (HYPA) cryptocurrencies are both ERC-20 tokens. These crypto projects can survive in the crypto space due to the infrastructure offered on the Ethereum blockchain. First, we'd highlight Shiba Inu's (SHIB) features.
In the history of meme coins, Shiba Inu (SHIB) has a record no other cryptocurrency can challenge. It experienced a spike in its price like no other cryptocurrency.
The Shiba Inu (SHIB) cryptocurrency was created in August 2020 by an anonymous user called Ryoshi. Like Dogecoin (DOGE), Shiba Inu (SHIB) has a humorous origin. This allowed it to gain quick popularity and attention in the coin market.
Shiba Inu (SHIB) operates on the Ethereum blockchain, which accounts for its success in the crypto space. Another factor that has made Shiba Inu (SHIB) a successful cryptocurrency is its large crypto community.
In a way, the Shiba Inu ecosystem is an experiment to test how effectively a fully community-driven cryptocurrency will thrive in the coin market. Its success opened the doors to other meme coins.
Although initially created as a joke coin, Shiba Inu has seen significant improvements in its operations and services offered to its users. Apart from issuing a decentralized currency, it has taken an additional step in providing top DeFi services to its users.
One noteworthy development is the Shiba Inu (SHIB) native decentralized cryptocurrency exchange. For example, Shiba Swap is a decentralized exchange powered by the SHIB token – Shiba Inu (SHIB) native cryptocurrency.
The Shiba Swap allows users to swap one crypto asset for another without registering or signing up.
Because Shiba Inu (SHIB) is an Ethereum blockchain-based cryptocurrency, it focuses on swapping ERC-20 tokens.
The Shiba Inu DEX allows users to stake their crypto assets within its decentralized exchange platform. These staked tokens facilitate swapping on the DEX. The stakeholders, in turn, receive stake rewards.
Hypaswap (HYPA) is another Ethereum blockchain-based cryptocurrency that allows users to lend out their cryptocurrencies at interest.
Hypaswap (HYPA) is an ERC-20-based cryptocurrency that powers a DeFi lending protocol hosted on the Ethereum blockchain.
Hypaswap (HYPA) is a community-driven crypto project focused on liquidity provision. It ensures its users are incentivized to deposit their crypto assets into liquidity pools. These liquidity pools are used to offer swift, decentralized loans to users.
Like the Shiba Swap, liquidity providers receive their reward in HYPA tokens. This reward is obtained when borrowers within the Hypaswap (HYPA) ecosystem repay their loans and the interest attached.
Like every other cryptocurrency platform, Hypaswap (HYPA) has set precautions to protect its users from criminal activity.
One of these measures is allowing external auditors to inspect their operations regularly. As a result, any flaw identified within their system is swiftly rectified. This helps keep the Hypaswap (HYPA) Protocol as secure as possible.
Hypaswap (HYPA) has also employed its users to help secure the lending protocol. For example, the Hypaswap (HYPA) bug bounty program rewards users with HYPA tokens for reporting problems within the Hypaswap blockchain.
Hypaswap (HYPA) is still new in the coin market. The presale is another reason why HYPA, its native cryptocurrency, is the best cryptocurrency to buy in 2022.
This token presale has multiple reward opportunities. Participants who buy the presale with USDT TRC-20 tokens will receive a 15% bonus in HYPA tokens. They will also receive a 55% bonus on the second purchase and a 75% bonus on the third purchase. In addition, a 45% bonus is awarded to users who complete their purchase within 30 minutes of signing up.
As an incentive to get more users on board, the Hypaswap (HYPA) token presale has a referral program. Both parties will receive $50 worth of HYPA tokens as a bonus once the invited users make a purchase worth $200.
The Hypaswap (HYPA) will soon be available on popular crypto exchanges. During this presale, the token price is relatively low. So take advantage of this once-in-a-lifetime presale and its numerous rewarding opportunities to become part of the Hypaswap (HYPA) ecosystem.
Presale: http://join.hypaswap.io/
Website: http://hypaswap.io/
Telegram: https://t.me/HypaSwap
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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.