Author: makemoney

TRX, MATIC, and CRO are some of the best tokens you can get under $1.

Each project has undergone numerous updates and developments to make it stand out.

They are all currently at an affordable price point and can climb much further in value going forward.

On March 9, 2022, the Bitrue cryptocurrency exchange added the USDC cryptocurrency.

What this means is that users can deposit and withdraw USDC on the TRON blockchain and mix and match ERC-20, TRC-20, and SPL USDC.

On the same day, Meta (formerly Facebook) launched their digital collectibles powered by the Polygon blockchain.

Select creators and collectors can now showcase their non-fungible tokens (NFTs) to a wider audience.

On May 10, 2022, Cronos successfully upgraded its mainnet. Specifically, it upgraded to v0.7.0 “Huygens,” which is an upgrade that includes bug fixes, upgraded node storage performance, and a dynamic fee structure for gas fee optimization.

Should you buy TRON (TRX)?

On May 11, 2022, TRON (TRX) had a value of $0.064868.

The all-time high of TRON (TRX) was on January 5, 2018, when the token reached a value of $0.231673. Here we can see that, at its ATH, the token was $0.166805 higher in value or by 257%.

When we go over its performance throughout the previous month, TRON (TRX) had its highest point of value on April 2 at $0.07631.Its lowest point was on April 12 at $0.05813.

Here we can see a decrease of $0.01818 or 24%. With this in mind, we can expect TRX to climb to $0.12 in value by the end of May.

Should you buy Polygon (MATIC)?

On May 11, 2022, Polygon (MATIC) had a value of $0.81.

When we look at its ATH, Polygon (MATIC) had its ATH on December 27, 2021, when it reached a value of $2.92. Here we can see that, at its ATH, the token was $2.11 higher in value or by 260%.

When we look at how the token performed throughout the previous month, Polygon (MATIC) had its highest point of value on April 2 at $1.72, while its lowest was on April 30 at $1.08.

Here, we can see that the token decreased in value by $0.64 or by 37%. With this in mind, we can expect MATIC to reach $1.5 by the end of May, making it a solid buy.

Should you buy Cronos (CRO)?

On May 11, 2022, Cronos (CRO) had a value of $0.2291.

Going over the all-time high value of the token, Cronos (CRO) had its ATH on November 24, 2021, with a value of $0.965407. At its ATH, the token was $0.736307 higher in value, or by 321%.

Looking at how Cronos (CRO) performed throughout the previous month, CRO had its highest point of value on April 2 at $0.488, while its lowest was on April 30 at $0.3628.

This marked a decrease of $0.1252 or 25%. At $0.2291, CRO is a solid buy as it can reach $0.8 by the end of May.

Find out how to buy Cronos (CRO)

The post Top tokens under $1 not to miss on May 11 appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

Avalanche (AVAX), Cardano (ADA) and Solana (SOL) are the best altcoins you can get at the start of June, 2022.

Each crypto project has undergone numerous developments, all of which can contribute to the growth.

AVAX announces TheDeFimons, Lagon launches USDC Ethereum-Cardano bridge, Big Dapper for Solana Mainnet-Beta.

Avalanche, Cardano, and Solana are some of the best altcoins that you can get with huge potential for growth. 

On May 31, 2022, Avalanche announced that Moon Studios would bring TheDeFimons, which is a play-to-earn (P2E) pixel-art MMORPG, to Avalanche.

On May 25, 2022, Lagon launched its Ethereum-Cardano bridge for the second-largest stablecoin, USDC. 

On May 27, 2022, the Big Dipper for Solana Mainnet-Beta went live. Users were given the opportunity to start exploring SOL.

Should you buy Avalanche (AVAX)?

On June 1, 2022, Avalanche (AVAX) had a value of $25.93.

The all-time high of Avalanche (AVAX) was on November 21, 2021, when the token reached a value of $144.96.

Going over last month’s performance, Avalanche (AVAX) had its highest point of value on May 5 at $68.59. Its lowest point of value was on May 27 at $21.68.

Here we can see a decrease in value of $46.91 or by 68%.

With this in mind, at $25.93, AVAX is a solid buy as the cryptocurrency can increase in value to $30 by the end of June 2022.

Should you buy Cardano (ADA)?

On June 1, 2022, Cardano (ADA) had a value of $0.6164.

When we look at the token’s all-time high, Cardano (ADA) had a value of $3.09 on September 2, 2021.

Looking at the token’s performance throughout the previous month, Cardano (ADA) had its highest point on May 5 at $0.8969.

Its lowest point was on May 12 at $0.407. Here, we can see a decrease in value of $0.4899 or by 54%.

With this in mind, at $0.6164, the ADA cryptocurrency is a worthwhile buy as it can reach $1.2 by the end of June. 2022.

Should you buy Solana (SOL)?

On June 1, 2022, Solana (SOL) had a value of $44.98.

Going over the all-time high of the token, Solana (SOL) had its all-time high on November 6, 2021, when the token reached a value of $259.96.

When we take a look at the performance of the token throughout the previous month, Solana (SOL) had its highest point of value on May 5 at $94.3.

Its lowest point was on May 27 at $40.48. Here, we can see that the cryptocurrency decreased in value by $53.82 or by 57%.

With this in mind, SOL is a solid buy. If it breaks the $50 price barrier, it can climb to $55 by the end of June 2022.

The post ADA, AVAX, and SOL: why these altcoins have huge potential for growth appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

NEXO (NEXO), Kava (KAVA), and XDC Network (XDC) are the best finance tokens you can get in May.

NEXO announced an investment in Enhanced Digital Group, Kava 10 launched, and the XDC dApp Summer hackathon was announced.

Each token has showcased a high level of growth and will likely do so going forward. 

NEXO (NEXO), Kava (KAVA), and XDC Network (XDC) are some of the best finance tokens that you can get in April.

Each token has showcased developments and has potential for growth moving forward.

On May 25, 2022, NEXO made an announcement that they invested in Enhanced Digital Group. 

On the same day, Kava Network also announced that Kava 10 officially went live.

When it comes to XinFin, they announced the XDC dApp Summer hackathon

NEXO (NEXO), Kava (KAVA), and XDC Network (XDC) are all finance-related cryptocurrencies that are an excellent way for traders or investors to diversify their crypto portfolios. 

Should you buy NEXO (NEXO)?

On May 26, 2022, NEXO (NEXO) had a value of $1.2265.

When we look at its ATH, NEXO (NEXO) had a value of $4.07 on May 12, 2021.

When we took a look at the token’s performance last month, NEXO (NEXO) had its lowest point of value on April 27 at $2.08, while its highest was on April 30 at $2.7995.

Here we can see an increase of $0.7195 or 35%. With this in mind, NEXO can reach a value of $2.5 by the end of June 2022.

Find out how to buy Nexo.

Should you buy Kava (KAVA)?

On May 26, 2022, Kava (KAVA) had a value of $2.5684.

Looking at its all-time high value, Kava (KAVA) had its ATH on August 30, 2021, with a value of $9.12.

Going over how the token performed throughout the previous month, Kava (KAVA) had its lowest point of value on April 13 at $3.8985. Its highest was on April 29 at $5.5892.

Here we can see an increase of $1.6907 or 43%.

With this in mind, at $2.5684, KAVA is a solid buy as it can reach $5 by the end of June 2022.

Should you buy XDC Network (XDC)?

On May 26, 2022, XDC Network (XDC) had a value of $0.039766.

Going over the token’s all-time high value, XDC Network (XDC) had its ATH on August 21, 2021, when the token reached a value of $0.192754.

Taking a look at how the token performed throughout the previous month, XDC Network (XDC) had its lowest point on April 27 at $0.05315, while its highest was on April 30 at $0.06738.

This marked an increase in value of $0.01423 or 26%. With this in mind, XDC is a solid buy as it can reach $0.09 by the end of June 2022.

The post Finance tokens that should be in anyone’s cryptocurrency wallet in May appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

Both CEX and DEX tokens have found their place within the crypto sphere.

Each type of cryptocurrency plays a role in the overall development, progression, and value of its ecosystem.

We are going to go over why BNB, CRO, UNI, and CAKE are some of the best CEX and DEX tokens you can get.

There’s a centralized exchange (CEX), and then there’s a decentralized exchange (DEX). 

A centralized exchange typically has its own order book, and each order is recorded and validated. 

CEXs operate under regulatory supervision and have know-your-customer policies built in. 

A decentralized exchange offers core functionalities found in a CEX, such as order books or automated market maker (AMM) models, a trading venue, a matching system, and security functions. 

However, in all DEXs, each function is decentralized. 

This means that it is not based on internal servers and its own IT infrastructure but is a decentralized application (dApp) that operates on top of blockchain technology.

Today, we are going to go over the CEX tokens BNB (BNB) and Cronos (CRO), as well as the DEX tokens Uniswap (UNI) and PancakeSwap (CAKE). Let’s dive in.

Should you buy BNB (BNB)?

On June 2, 2022, BNB (BNB) had a value of $303.9

BNB (BNB) had its all-time high on May 10, 2021, at $686.31.

When we take a look at the token’s performance throughout the previous month, BNB (BNB) had its highest point on May 5 at $409.56.

Its lowest point of value was on May 12 at $227.46. Here we can see that the token decreased in value by $182.1 or by 44%.

However, it has since then increased to $303.9, and at this rate, we can expect the cryptocurrency to reach $360 by the end of June 2022.

Should you buy Cronos (CRO)?

On June 2, 2022, Cronos (CRO) had a value of $0.1811.

When we look at its all-time high, Cronos (CRO) had a value of $0.965407 on November 25. 2021.

Going over the performance throughout the previous month, Cronos (CRO) had its highest point on May 5 at $0.3131. Its lowest was on May 27 at $0.1661.

Here, we can see a decrease of $0.147 or 47%. Since then, CRO has increased by $0.015 or by 9% and can reach $0.25 by the end of June 2022, making it a solid buy.

Should you buy Uniswap (UNI)?

On June 2, 2022, Uniswap (UNI) had a value of $5.25.

Going over the cryptocurrency’s all-time high, Uniswap (UNI) had a value of $44.92 on May 3, 2021.

Going over the performance throughout last month, Uniswap (UNI) had its highest point on May 5 at $8.04, while the lowest point was on May 12 at $4.12. Here we can see a decrease throughout last month of $3.92 or by 48%.

This means that the UNI token is steadily rising, and at $5.25, it’s a solid buy as it can climb to $7 by the end of June. 2022.

Should you buy PancakeSwap (CAKE)?

On June 2, 2022, PancakeSwap (CAKE) had a value of $4.30.

When we take a look at the token’s all-time high, PancakeSwap (CAKE) had a value of $43.96 on April 30, 2021.

Going over the performance throughout the previous month, PancakeSwap (CAKE) had its highest point on May 5 at $7.87, while its lowest was on May 12 at $3.42.

Here we can see that the token decreased initially by $4.45 or by 56%.

From May 12 to June 2, the token has increased in value by $0.88 or by 25%.

With this in mind, we can expect CAKE to reach a value of $7 by the end of June 2022.

The post CEX vs DEX tokens, which ones to get and why appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

Helium (HNT), IOTA (MIOTA), and IoTeX (IOTX) are some of the best IoT tokens to get in June.

HNT increased by 15%, MIOTA by 8%, and IOTX by 6% in the last 24 hours.

Each of these tokens has huge potential for growth in the near future.

Helium (HNT), IOTA (MIOTA), and IoTeX (IOTX) are some of the best Internet of Things (IoT) tokens that you can get on June 6, 2022.

On June 5, 2022, Helium announced that the community voting for HIP 51 closes on June 7 and reminded users to cast their vote for the evolving network through the DAO.

On June 6, 2022, IOTA made a recap video of some of the biggest news, where they announced the Stardust protocol upgrade on Shimmer.

IoTeX also announced that the RoninX Foundation joined forces with SPROCKIT, which is an accelerator that brings new tech innovations to corporations.

Should you buy Helium (HNT)?

On June 6, 2022, Helium (HNT) had a value of $10.87.

When we go over the all-time high of the token, Helium (HNT) had its ATH on November 12, 2021, when the token reached a value of $54.88.

Going over its performance throughout the previous month, Helium (HNT) had its highest point of value on May 5 at $16.66. Its lowest was on May 12 at $6.98.

Here we can see a decrease in value by $9.68 or by 58%. With this in mind, at $10.87, HNT is a solid buy as it can reach $15 by the end of June 2022.

Should you buy IOTA (MIOTA)?

On June 6, 2022, IOTA (MIOTA) had a value of $0.377.

Going over its all-time high, IOTA (MIOTA) reached its all-time high on December 19, 2017, when the token reached a value of $5.25.

When we take a look at how the token performed throughout last month, IOTA (MIOTA) had its highest point on May 5 at $0.5596.

Its lowest point was on May 12 at $0.2467. Here we can see that the token decreased in value by $0.3129 or by 56%.

With this in mind, we can expect MIOTA to reach a value of $0.8 by the end of June, making it a solid buy.

Should you buy IoTeX (IOTX)?

On June 6, 2022, IoTeX (IOTX) had a value of $0.04574.

Looking at the all-time high of the token, IoTeX (IOTX) had its ATH on November 13, 2021, at $0.255593.

Going over the performance of the token in May, IoTeX (IOTX) had its highest point on May 5 at $0.06201. Its lowest point was on May 12 at $0.02267.

This indicates a decrease in value by $0.03934 or by 63%.

With all of this taken into consideration, IOTX can reach $0.09 by the end of June, making it a solid token to get.

The post Top internet of things (IoT) tokens not to miss in June appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

Waves (WAVES), IOTA (MIOTA), and Stellar (XLM) are some of the best tokens to get in June.

Waves increased by 5%, IOTA by 4%, and Stellar by 3% in the last 24 hours. 

Waves also increased by 121%, IOTA by 13%, and XLM by 18% in the last seven days.

When it comes to getting into the sphere of cryptocurrency investments within June of 2022, things can get quite tricky due to the fact that there are over 19,700 cryptocurrencies available to pick from.

As such, many newcomer investors will typically have a hard time deciding on which tokens to get. As such, we have created a list of the three must-have tokens in anyone’s portfolio.

Waves (WAVES), IOTA (MIOTA), and Stellar (XLM) have showcased bullish outlooks recently and are the best token options to get in June of 2022.

On May 27, Waves announced their “Waves Masterplan” on Twitter, which saw a lot of positive reinforcement from the community.

IOTA retweeted a post by Shimmer that registrations are open for all of the projects that are building on IOTA on June 2, 2022, which showcased how much interest there is for the specific network.

On May 31, Stellar tweeted about how Mercado Bitcoin, which is the largest crypto exchange in Latin America, announced the integration of Stellar USDC. 

This is a notable example of the greater adoption of crypto by institutions, wallets, and partners in South America.

Should you buy Waves (WAVES)?

On June 3, 2022, Waves (WAVES) had a value of $10.05.

The all-time high of Waves (WAVES) was on March 31, 2022, at a value of $61.30.

Going over last month’s performance, Waves (WAVES) had its highest point of value on May 5 at $16.8, while its lowest was on May 29 at $4.18.

Here, we can see that the cryptocurrency decreased by $12.62 or by 75%. With this in mind, WAVES is a solid buy as it can climb in value to $15 by the end of June 2022.

Should you buy IOTA (MIOTA)?

On June 3, 2022, IOTA (MIOTA) had a value of $0.3516.

Going over the cryptocurrency’s all-time high, IOTA (MIOTA) had its ATH on December 19, 2017, at $5.25.

Looking at last month’s performance, IOTA (MIOTA) had its highest point of value on May 5 at $0.5596, while its lowest was on May 12 at $0.2467.

Here, we can see a decrease of $0.3129 or 56%. 

However, with its recent increase in value to $0.3516, MIOTA showcases bullish signals that can reach $0.7 by the end of June 2022.

Should you buy Stellar (XLM)?

On June 3, 2022, Stellar (XLM) had a value of $0.143856.

Looking at the all-time high, Stellar (XLM) had its ATH on January 3, 2018, with a value of $0.875563.

Going over the performance in May, Stellar (XLM) had its highest point on May 5 at $0.1873, while its lowest was on May 12 at $0.1077. Here we see a bearish sign that the token decreased by $0.0796 or by 42%.

However, with its recent increase, XLM is a solid buy as it can climb to $0.2 in value by the end of June 2022.

The post Top 3 must-have tokens in June appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

Uniswap (UNI), PancakeSwap (CAKE), and Curve DAO (CRV) are the best AMM tokens you can get in June. 

PancakeSwap saw the burn of 6,840,003 CAKE tokens which equaled $32 million.

Uniswap made an analysis of how v3 outperforms v2, and Curve Finance saw the addition of new pools.

Uniswap (UNI), PancakeSwap (CAKE), and Curve DAO (CRV) have all showcased solid performance as automated market makers (AMMs).

According to a report by Uniswap Labs on June 6, 2022, Uniswap v3 outperforms v2 by 160% for 1-bp fee-tier range-bound stablecoin pairs by 80% for 100-bp fee-tiers, 16% for 30bp-fee tiers, and 68% for 5-bp fee tiers. 

Uniswap also introduced their new Smart Contract Engineer, Sara Reynolds. 

PancakeSwap also made an announcement that 6,840,003 CAKE tokens were burned, which equaled $32 million.

Curve Finance also saw the launch of a stDOT+xcDOT Curve Pool, which features Lido Finance LDO LP rewards on the Moonbeam Network. 

Should you buy Uniswap (UNI)?

On June 7, 2022, Uniswap (UNI) had a value of $5.089.

The all-time high of Uniswap (UNI) was on May 3, 2021, when the token reached a value of $44.92.

Going over its performance throughout the previous month, Uniswap (UNI) had its highest point of value on May 5 at $8.0409. Its lowest point was on May 12 at $4.1263.

Here we can see that the token decreased in value by $3.9146 or by 48%.

However, since it has climbed back up to $5.089, UNI can have a bullish turn and climb to $6.5 by the end of June, making it a solid token to consider. 

Should you buy PancakeSwap (CAKE)?

On June 7, 2022, PancakeSwap (CAKE) had a value of $4.3588.

Going over the token’s all-time high, PancakeSwap (CAKE) saw its ATH on April 30, 2021, at $43.96.

Looking at how the token performed last month, PancakeSwap (CAKE) had its highest point of value on May 5 at $7.8776. Its lowest point was on May 12 at $3.4286.

Here we can see that CAKE was bearish last month, with a decrease of $4.449 or 56%.

However, it has climbed back up in value by $0.9302 or by 27%.

With this momentum, CAKE can reach $6 by the end of June 2022.

Should you buy Curve DAO (CRV)?

On June 7, 2022, Curve DAO (CRV) had a value of $1.188.

Looking at the all-time high of the token, Curve DAO (CRV) had its all-time high value on August 14, 2022, at $15.37.

When we look at its performance in May, Curve DAO (CRV) had its highest point of value on May 5 at $2.6313. Its lowest point was on May 20 at $1.0764.

Here we can see that the token decreased in value by $1.5549 or by 59%.

This makes $1.188 one of the cheapest entry points to get the CRV token, as it can climb to $2.2 by the end of June 2022.

The post Best automated market maker (AMM) tokens to get appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

The English Premier League has filed crypto and NFT trademarks.

Interest in sports-related NFTs is high, given the fact that many companies are getting into the sphere.

Each of these tokens has the potential for exponential growth going forward. 

Flow (FLOW), Chiliz (CHZ), and dotmoovs (MOOV) are some of the best sports-related tokens you can get on June 8, 2022.

On June 6, 2022, the English Premier League (EPL) filed two cryptocurrency and NFT trademarks in the U.S., which is a sign that the sports league has plans to expand its brand into the digital sphere.

These trademarks were filed with the United States Patent and Trademark Office (USPTO) and showcased in a tweet by licensed trademark attorney Michael Kondoudis.

On June 6, 2022, the MetaverseHub team showcased a Flow blockchain ecosystem graph, which shed light on how many dApps are actually a part of it. 

Chiliz (CHZ) also made an announcement that they passed the 1.500.000 wallet addresses milestone on the Chiliz Chain.

When it comes to dotmoovs, they partnered up with Meta DAO Guild, a team that is working towards building a DAO-based gaming community.

Should you buy Flow (FLOW)?

On June 8, 2022, Flow (FLOW) had a value of $2.42.

The all-time high of Flow (FLOW) was on April 5, 2021, when the token reached a value of $42.40.

When we go over its performance in May, Flow (FLOW) had its highest point of value on May 5 at $5.20. Its lowest point was on May 27 at $2.33.

Here we can see that the token decreased in value by $2.87 or by 55%.

With this in mind, we can see that the FLOW token is slowly getting back up in value, and at $2.42, it is a worthwhile purchase as it can reach $3.5 by the end of June 2022.

Should you buy Chiliz (CHZ)?

On June 8, 2022, Chiliz (CHZ) had a value of $0.121977.

When we take a look at the all-time high value of the token, Chiliz (CHZ) had its all-time high on March 13, 2021, when it reached a value of $0.878633.

Going over the performance of the token in May, Chiliz (CHZ) had its highest point of value on May 5 at $0.1961. Its lowest point was on May 12 at $0.08572.

This marked a decrease in value of $0.11038 or 56%.

With this in mind, at $0.121977, it is clear that CHZ is climbing back up in value and can reach $0.2 by the end of June 2022.

Should you buy dotmoovs (MOOV)?

On June 8, 2022, dotmoovs (MOOV) had a value of $0.01845315.

Going over the all-time high of the token, dotmoovs (MOOV) had its all-time high on August 29, 2021, when the token reached a value of $0.096391.

Looking at how the token performed in May, dotmoovs (MOOV) had its highest point of value on May 2 at $0.05694. Its lowest point of value was on May 12 at $0.008629.

Here we can see that the token decreased in value by $0.048311 or by 84%.

From May 12 to June 8, we can see that the token increased in value by $0.00982415 or by 113%.

When we take this into consideration, it is clear that the token is climbing back up in value to $$0.01845315. It is a solid buy, as it can reach $0.04 by the end of June 2022.

The post If you are looking for sports tokens, these might be your best options appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

Helium (HNT), Chainlink (LINK), and Theta Network (THETA) are some of the best trending tokens to get on June 10.

Helium increased in value by 35% in the last seven days, Chainlink by 23%, and Theta Network by 11%.

Each project has undergone numerous developments and updates.

Helium (HNT), Chainlink (LINK), and Theta Network (THETA) are some of the best cryptocurrency tokens that you can get on June 10.

On June 9, 2022, Helium announced that Helium House ATX would open at Consensus 2022 with a stacked lineup of speakers.

Helium also posted their daily wrap-up, where they announced integrations on Avalanche (AVAX) and BNB Chain (BNB), among other updates.

Theta Network introduced Livestream support for the Theta Video API, which enables decentralized live streaming in any application or website.

Should you buy Helium (HNT)?

On June 10, 2022, Helium (HNT) had a value of $11.69.

The all-time high of Helium (HNT) was on November 12. 2021 when the token reached a value of $54.88.

Going over last month’s performance, Helium (HNT) had its highest point on May 5 at $16.66. Its lowest point was on May 27 at $6.87.

Here we can see that the token decreased in value by $9.79 or by 58%.

With this in mind, we can expect the token to reach a value of $15, making it a solid buy.

Should you buy Chainlink (LINK)?

On June 10, 2022, Chainlink (LINK) had a value of $8.86.

Going over the all-time high of the token, Chainlink (LINK) had a value of $52.70 on May 10, 2021.

Looking at the performance of the token throughout the previous month, Chainlink (LINK) had its highest point of value on May 5 at $12.22. Its lowest point, however, was on May 12 at $5.79. Here we can see a decrease in value of $6.43 or by 52%.

With this in mind, we can expect LINK to reach $11 by the end of June, making it a solid choice.

Should you buy Theta Network (THETA)?

On June 10, 2022, Theta Network (THETA) had a value of $1.3872.

Looking at its all-time high, Theta Network (THETA) had a value of $15.72 on April 16, 2021. 

Going over how the token performed throughout the previous month, Theta Network (THETA) had its highest point of value on May 5 at $2.6205. Its lowest point of value was on May 12, when the token was worth $1.0782.

Here we can see that the token decreased in value by $1.5423 or by 59%.

At its current rate of growth, THETA can reach $1.8 by the end of June, making it a solid trending token to get.

The post Trending tokens you should not miss on June 10 appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

KuCoin continues to expand and close gap to the top exchanges, such as Coinbase and Binance, as evidenced by increased utility of KCS token
KuCoin Token (KCS) is the native token of KuCoin exchange, with which holders can earn daily passive income. Daily KCS bonuses are also available.
Paying trading fees with KCS gets users a 20% discount on KuCoin. Also,other use cases of KCS include participating in Spotlight (IEO) , Burningdrop (a new launchpool product) and more.

KuCoin’s goal to chase down the major crypto brokers remains in progress as the exchange, launched only five years ago, continues to expand its product offering and range of services. This is clearly evidenced by the push of the KCS token into more and more areas, which opens up a whole new opportunity for both the exchange and customers to generate income. 

What is KCS?

KCS is a utility token native to the KuCoin platform. Launched in 2017, KCS allows traders to pay gas fees as well as participate in the network’s growth. The token’s total supply is 200 million, but will reduce to 100 million over time via a robust buyback and burn schedule.

KCS is KuCoin’s native token and as such its value strongly correlates to overall growth and performance of the KuCoin exchange. Having recently announced a $150 million Series-B fundraise bringing its valuation to $10 billion, this has been a sound bet thus far. 

What is KCS Burn?

KCS Burn refers to the amount of KCS that KuCoin destroys every month to put inflation under check. The platform uses 10% of its monthly revenue to purchase the tokens and burn them. In the last four years, it has burned 54,120,079 KCS.

The KCS ecosystem plans to introduce the EIP1559 and the KCC fee mechanism of base fee + priority fee into the KCS Deflation Mechanism. Since the objective is to have the developers and KCS holders benefit, the gas fee will proceed to the right miner node. 

KCS can also be used to purchase a wide variety of goods and services online and offline. Merchants and digital payment providers that support this token in this field of online shopping, hotel reservations, online games, etc.:

Access to new launches

KCS holders have the right to participate in token sales on KuCoin Spotlight. KuCoin has launched at least 20 projects since its inception. After the launch of the LUKSO project, for example, its value increased by 187x. Elsewhere, VR increased by 240x, and CLH achieved a 299x ATH ROI, highlighting the potential returns investors can capture in these early projects. 

How’s KCS related to Burningdrop?

KuCoin also allows KCS holders to join a fair token distribution platform known as BurningDrop. This innovative platform supports the token distribution of FTG, PBX, H3RO3S, XCAD, 1EARTH, and other blockchain start-ups. 

Users can lock crypto assets or designate them to increase their computing power. The BurningDrop indicates that the average ROI of projects exceeds 8685%. 

How’s KCS related to KCC?

KCC is a decentralized public chain that was built by the KCS community and KuCoin community in 2021. Users regard KCS as the fuel and the native token for this public chain.

This decentralized public chain’s decision to adopt the Staked Authority (PoSA) consensus mechanism has helped to reduce the block confirmation duration to under 3 seconds. Moreover, its resolve to use KCS has helped to reduce the overall transaction costs. 

Conclusion

KCS is also slated to work together with KuCoin Exchange and KCC to develop a payment system that can serve its users across the world. The payment system should be able to connect all projects within the KCS ecosystem. Moreover, it should be involved in activities like the KuCoin ecosystem’s transactions, derivatives trading, new coin launches, stablecoins, lending, NFT transactions, and the KCC ecosystem’s transactions.

The payment system also minimizes the payment threshold, serves users more conveniently and efficiently, and grows the ecosystem’s user base.

Through these initiatives, new features and continued expansion, KuCoin hopes to close the gap to the twop exchanges, such as Coinbase and Binance. With cryptocurrency gaining traction in mainstream circles more and more, despite the current bearish market sentiment, it will be interesting to see the exchange continue to grow and take aim at Binance and Coinbase.

The post KuCoin continues to expand, chasing down Binance and Coinbase appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.