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Looking for that high-profit coin to buy or a progressive community to join? We've got suggestions for you. Today, Bitcoin remains a solid top contender in the cryptocurrency market, with Polkadot (DOT) and newcomer Adirize DAO (ADI) offering new experiences that could dispel the effects of the crypto collapse on your portfolio and keep it in the green.
Let's dive into the details.
Bitcoin (BTC) is the world's foremost and biggest cryptocurrency, boasting a market cap of 400 billion USD. Bitcoin is a digital currency that stimulates the flow of decentralized, immutable and peer-to-peer transactions on the web while eliminating the need for a third party. The emergence of Bitcoin helped pioneer a robust and solid foundation that subsequently inspired the rise of thousands of blockchain projects in the cryptocurrency market today.
A prime cryptocurrency, Bitcoin (BTC), is deflationary and has a total supply cap of 21 million coins. However, new coins are mined, and miners take up transactions in the Bitcoin network and package them into blocks in exchange for rewards. These blocks are protected by mathematical, cryptographic calculations. Trading, buying, holding and lending are the most prominent ways to earn from Bitcoin (BTC).
BTC is a decentralized store of value that transfers ownership or possessory rights as physical property or units of account. Bitcoin has a circulating supply cap of 19 million Bitcoins in the cryptocurrency market and currently sells at $19762.04USD, according to CoinMarketCap.
Adirize DAO is a decentralized protocol that powers a reserve cryptocurrency called ADI. ADI is not Tether or USDC, or any stablecoin in the cryptocurrency market at all; instead, you can think of it as the gold standard as it features a protocol that issues and backs ADI tokens with a solid reserve of precious assets.
Adirize's long-term goal is to become a stable currency to be utilized in daily transactions with the reasonable expectation that values will remain the same over time without relying on a traditional peg, using a treasury of assets.
Adirize is on a vision to create a policy-controlled currency system in which the DAO has complete control over ADI Token's behavior. In the long run, it is believed that this system can be optimized for stability and consistency, allowing ADI to serve as a global unit of account and medium of exchange. The ADI team intends to optimize the system for growth and wealth creation in the short term.
The ADI protocol makes money from bond sales, with the treasury using the print to mint ADI and distributing them to stakers. So, Adirize DAO's protocol employs two essential techniques to achieve its monetary policy goals of staking and bonding.
The process of staking ADI tokens is simple. You can either buy ADI on the open market or trade your liquidity for ADI. Then you use the Adirize app to stake your ADI in exchange for benefits, such as extra ADI, which the Treasury gets through bond sales. At Adirize, the staking rewards will be high.
Although staking is the ADI protocol's main method of accumulating value, it still relies on bonding to generate high incentives and lock up liquidity. Typically, bonding accomplishes the process of accumulating value into the Adirize treasury, whilst staking makes ADI tokens scarce by locking them up.
Joining the ADI network could be your best decision as far as the cryptocurrency market is concerned. You are very well on your way to bouncing back from the crypto collapse.
Bonus
A 7% bonus comes with every purchase during the first stage of Adirize DAO's presale. You also get an additional 45% when you buy within 25 minutes of registration.
Polkadot (DOT) is the final product of concerted efforts of the Web3 foundation to build out a functional, open-source and decentralized web. Polkadot (DOT) platform is committed to bringing interoperability and interconnectivity between different blockchains by powering independent blockchains to exchange messages and perform cross-platform transactions without intermediaries or a third party.
DOT is the native utility coin of Polkadot and has experienced organic growth, mainly due to Polkadot's vast use cases and digital footprints across various blockchain networks. Today, Polkadot (DOT) boasts a total market cap of 10 billion and ranks amongst the world's leading cryptocurrencies.
According to CoinMarketCap, at the time of writing, Polkadot's (DOT) price today is $7.53. Polkadot has witnessed steady increases in the cryptocurrency market in the last two months, especially in weathering against the Q3 massive plunge in cryptocurrency prices. This may not be unconnected to its recently announced plans to upgrade to Gov 2.0 as part of efforts to speed up its staking and general operations.
Presale: http://join.adirize.com/
Website: http://adirize.com/
Telegram: https://t.me/AdirizeDAO_Official
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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.
