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3 Cryptocurrencies To Put Up On Your Watchlist

Ever since the crypto industry started evolving, new and novel crypto projects have been launched to revolutionize this arena of decentralization supported by blockchain...
3 Cryptocurrencies To Put Up On Your Watchlist 3 Cryptocurrencies To Put Up On Your Watchlist

Ever since the crypto industry started evolving, new and novel crypto projects have been launched to revolutionize this arena of decentralization supported by blockchain technology. But no market remains stagnant or green forever. Be it stocks, forex, or the crypto market itself.

The recent crypto market crash has hit the toes of almost every crypto investor, be it a retailer, an institution, or an investment firm. Just as of now, giant whales like Tesla (NASDAQ:TSLA) Inc. and Micro Strategy holding thousands and thousands of Bitcoins (BTC) have been found in a loss of millions. In fact, the Micro Strategy, holding more than 1 lac 29 thousand Bitcoins (BTC), is at an unrealized loss of $1 Billion after this crypto market crash of 2022. Even the top-performing cryptocurrencies like Ethereum (ETH), eCash (XEC), Solana (SOL), Nexo (NEXO), TRON (TRX), etc, are seeing their all-time lows.

The factors contributing to it include the global recession, Russia-Ukraine War, the high US inflation rate, and many more. Unless the world comes out of this crisis caused by the global pandemic, all the markets, including cryptocurrency, will see this bearish trend.

In this bearish market, smart investors are going all-in to secure massive gains from cheap coins (in this market) once the market again shows a green run.

In such a market, a novel crypto project, Logarithmic Finance (LOG), is all set to launch and provide its early investors with a great opportunity to secure their seats for the green market in the coming future. Let’s look deeper into the highlighted cryptocurrencies to see what’s unique about each.

About eCash (XEC) and its low price

Developed by Amaury Sechet, who was the lead developer of Bitcoin Cash (BCH), eCash (XEC) is the rebranded identity of its predecessor, Bitcoin Cash ABC (BCHA). The coin has a price in multi-decimals on the idea of its developer to keep the coin’s adoption more effective.

This helps both the investors and the currency itself. Investors can purchase piles and piles of tokens for a few bucks and forget bothering about the little amount of investment they made in that coin to hold for the long term.

On the other hand, the currency gets an ample opportunity to attract more investors, and its adoption is enhanced significantly. These coins usually show a great price appreciation even in a little greener market.

What is Nexo (NEXO)?

Nexo (NEXO) is a popular platform in the arena of decentralized finance (DeFi), contrary to traditional finance (TradFi). Its developing team also consists of crypto enthusiasts and professionals in the field of finance who tried their best to bring out a coin that ranks among the top 100 cryptocurrencies on CoinMarketCap despite its low price (but a good market cap that matters). Cryptocurrencies like these usually play well in the market with the sole purpose of generating wealth.

What makes Logarithmic Finance (LOG) roar among these giants?

Logarithmic Finance (LOG) is a next-generation Layer-3 swapping protocol that aims to allow seamless connectivity between early-stage blockchain innovators and investors, unleashing the power of DeFi and blockchain technology.

The protocol provides both parties with Pools to participate in their respective process. These pools include:

Pool (NASDAQ:POOL) Types:

  • Direct Access Pools (DAP)
  • Time Freeze Pools (TFP)
Pool Statuses:

  • Available
  • Open
  • Unbuyable
  • Completed, and
  • Dissolved

The Robust Ecosystem of LOG

Its ecosystem uses fully homomorphic encryption (FHE) to provide robust security to the swapping mechanism available to the end-users. The team aims to evolve the LOG as a fully-decentralized L-3 swapping protocol. For this purpose, they have incorporated interoperability between heterogeneous blockchain and inter-chain communications. Thus, establishing on-chain and multi-chain integrations for their users.

Conclusion

As an endnote, only those cryptocurrencies can perform well in the long term, which would survive this severe crypto market crash. Looking at Logarithmic Finance (LOG), it’s evident that the project will launch at its lowest. But it will be able to go miles with its thrilling future goals (if successfully achieved), including NFT Swap, reduced gas fees, deflationary (burning) mechanism, gaps’ bridging between the innovators and early birds, etc. The protocol’s ecosystem will function as a DAO, allowing its users to have full rights to participate in the decision-making and validation processes. Thus, it’s a great chance to find this bearish market an opportunity to early-invest in this token before it explodes like eCash (XEC) and Nexo (NEXO) did in their times.

For more information on Logarithmic Finance check out their Website or Telegram. You can find more about the presale here.

Continue reading on DailyCoin

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25-06-2022 23:51:53 (UTC+7)

EUR/USD

1.0554

+0.0031 (+0.29%)

Summary

Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (5)

Sell (4)

EUR/USD

1.0554

+0.0031 (+0.29%)

Summary

Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (5)

Sell (4)

GBP/USD

1.2272

+0.0012 (+0.10%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (6)

USD/JPY

135.23

+0.29 (+0.22%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (1)

AUD/USD

0.6944

+0.0055 (+0.80%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (6)

USD/CAD

1.2891

-0.0103 (-0.79%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (5)

EUR/JPY

142.71

+0.71 (+0.50%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (1)

EUR/CHF

1.0114

-0.0001 (-0.01%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (6)

Gold Futures

1,828.10

-1.70 (-0.09%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (9)

Sell (0)

Silver Futures

21.130

+0.088 (+0.42%)

Summary

Neutral

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (5)

Sell (4)

Copper Futures

3.7365

-0.0025 (-0.07%)

Summary

Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (4)

Sell (4)

Crude Oil WTI Futures

107.06

+2.79 (+2.68%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Brent Oil Futures

113.19

+3.14 (+2.85%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Natural Gas Futures

6.173

-0.066 (-1.06%)

Summary

↑ Buy

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Buy (7)

Sell (5)

Indicators:

Buy (9)

Sell (1)

US Coffee C Futures

223.40

-5.60 (-2.45%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (0)

Euro Stoxx 50

3,533.17

+96.88 (+2.82%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (4)

Sell (4)

S&P 500

3,911.74

+116.01 (+3.06%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

DAX

13,118.13

+205.54 (+1.59%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (2)

Sell (7)

FTSE 100

7,208.81

+188.36 (+2.68%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (1)

Hang Seng

21,719.06

+445.19 (+2.09%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

US Small Cap 2000

1,765.74

+54.06 (+3.16%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

IBEX 35

8,244.10

+137.70 (+1.70%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (3)

Sell (5)

BASF SE NA O.N.

42.215

+0.785 (+1.89%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (1)

Bayer AG NA

57.79

-0.75 (-1.28%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (2)

Sell (7)

Allianz SE VNA O.N.

181.20

+2.20 (+1.23%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (2)

Sell (4)

Adidas AG

170.36

+3.30 (+1.98%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (3)

Sell (5)

Deutsche Lufthansa AG

5.966

-0.310 (-4.94%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (6)

Siemens AG Class N

102.62

+3.36 (+3.39%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (6)

Sell (1)

Deutsche Bank AG

8.919

+0.407 (+4.78%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

 EUR/USD1.0554Buy
 GBP/USD1.2272↑ Sell
 USD/JPY135.23↑ Buy
 AUD/USD0.6944↑ Sell
 USD/CAD1.2891↑ Sell
 EUR/JPY142.71↑ Buy
 EUR/CHF1.0114↑ Sell
 Gold1,828.10↑ Buy
 Silver21.130Neutral
 Copper3.7365Sell
 Crude Oil WTI107.06↑ Sell
 Brent Oil113.19↑ Sell
 Natural Gas6.173↑ Buy
 US Coffee C223.40↑ Buy
 Euro Stoxx 503,533.17Neutral
 S&P 5003,911.74↑ Buy
 DAX13,118.13↑ Sell
 FTSE 1007,208.81↑ Buy
 Hang Seng21,719.06↑ Buy
 Small Cap 20001,765.74↑ Buy
 IBEX 358,244.10Sell
 BASF42.215↑ Buy
 Bayer57.79↑ Sell
 Allianz181.20↑ Sell
 Adidas170.36↑ Sell
 Lufthansa5.966↑ Sell
 Siemens AG102.62↑ Buy
 Deutsche Bank AG8.919↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,760/ 6,840
(0/ 0) # 1,696
SJC HCM6,785/ 6,865
(5/ 5) # 1,716
SJC Hanoi6,785/ 6,867
(5/ 5) # 1,718
SJC Danang6,785/ 6,867
(5/ 5) # 1,718
SJC Nhatrang6,785/ 6,867
(5/ 5) # 1,718
SJC Cantho6,785/ 6,867
(5/ 5) # 1,718
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