Cryptocurrencies You Should Consider Buying – Supontis, Decentraland, and Tron

Cryptocurrencies You Should Consider Buying –  Supontis, Decentraland, and Tron
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The launch of Ethereum (ETH) into the crypto-verse created a new phase of decentralization and provided great benefits for users who purchased it. For users looking to gain maximum profits, Supontis (PON), Decentraland (MANA), and Tron (TRX) are great decentralized and potentially profitable options to consider.

The Supontis (PON) Network Principles

The Supontis (PON) network is one of the few networks on the crypto market that is focused on creating scalability between blockchain networks. The Supontis (PON) team intends to use the features associated with blockchain technology to enable interconnectivity between users and ultimately users of blockchain technology. The Supontis (PON) network is designed to be a bridge that will enable its users the ability to connect and communicate freely with other blockchain networks in the crypto industry. This will enable them to collectively create ideas and build projects that will be beneficial for all those that use them.

The Supontis (PON) team has taken a step to actualize the Supontis vision by facilitating the transfer of digital assets from one blockchain to another. Examples of blockchain networks that allow this cross-chain transfer are Ethereum (ETH), Binance Smart Chain (BSC), Tron (TRX), and Fantom (FTM). The team, however, does not intend to stop there as more blockchain networks will be added to the list as the Supontis (PON) network continues to develop. This will allow its users to continually interest other networks without any limitations.

Built on the Binance Smart Chain (BSC), the Supontis token symbolized as PON, is a BEP-20 standard token that will possess an initial price of 0.056 USD. The token will have a total supply of 10 billion units of which 2.5 billion will be available for presale. Details about the token allocation for the PON are contained in the Supontis (PON) whitepaper. Users who buy the PON token during the three stages of its presale will receive a 6%, 4%, and 2% bonus respectively.

Decentraland (MANA) Is Leveraging The Benefits of the Ethereum (ETH) Blockchain

Powered by the Ethereum (ETH) blockchain, Decentraland (MANA) is an open-source virtual reality (VR) platform that uses decentralized finance (DeFi) features to allow its users to create, develop, launch, and monetize decentralized services and applications.

The Decentraland (MANA) platform is powered by two tokens called LAND and MANA. The LAND token is an ERC-721 standard non-fungible token that represents a particular asset on the Decentraland (MANA) protocol. The MANA token on the other hand is an ERC-20 token that is used to perform utility functions on the Decentraland platform including the purchase of LAND tokens. Due to the fact it is built on the Ethereum (ETH) blockchain, the Decentraland (MANA) platform is also secured by a network of miners that secure the Ethereum (ETH) network.

Tron (TRX) Continues To Grow

Launched by Justin Sun, Tron (TRX) is an operating system on the crypto market that is open-sourced and possesses several decentralized finance (DeFi) features. The Tron (TRX) network hosts its own cryptocurrency known as Tronix. Tronix is symbolized as TRX and it has a total circulating supply of 92 billion coins. The activities that are performed on the Tron (TRX) network are secured by a consensus mechanism known as the delegated Proof-of-Stake (dPoS). This delegated Proof-of-Stake (dPoS) consensus mechanism is an alternative to the conventional Proof-of-Stake (PoS) and Proof-of-Work (PoW) consensus mechanisms.

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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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