Can Quitriam Finance (QTM) Compete With Market-Leading Coins Polkadot (DOT) and Polygon (MATIC)?

27 May 2022

in DOT

Reading Time: 4 mins read

Despite the volatility of price values in the crypto market, many investors continue to join in as digital assets become all the hype on social media. Investors predict these three tokens could be your best opportunity to join in.

Understand The Crypto Market

Cryptocurrencies helped many people to achieve financial independence, but as the market becomes more popular, it gets more competitive and complex.

Currently, over 17,000 different cryptocurrencies are circulating in the market. Identifying which cryptocurrency to invest in is tricky, and market research can be time-consuming.

The best time to invest in a cryptocurrency is during its presale stage when it can grow substantially. Quitriam Finance (QTM) is a newer cryptocurrency currently in its presale stage.

Let’s dig deep into it and see how it compares to the industry giants like Polkadot (DOT) and Polygon (MATIC).

Upgrade Your Wallet With These Coins

Quitriam Finance (QTM)

The cryptocurrency market has grown exponentially over the last decade. The major DEXs (decentralised exchanges) have made significant profits in the last nine months.

Furthermore, the epidemic of COVID-19 further enhanced this growth. Quitriam Finance (QTM) itself is an innovative DEX platform.

It is a brand-new cryptocurrency currently in its presale stage. Its creative principles have made it a strong candidate for handling a variety of responsibilities.

The network is developing an aggregator that brings together various crypto companies to create a more dynamic environment.

Quitriam Finance (QTM) is a multi-chain cryptocurrency that allows users to use multiple blockchain technologies simultaneously.

It can also complete transactions faster than any other platform project. Due to the recent collapse of crypto prices, this is a difficult time for the crypto world. All the major cryptocurrencies have lost their market values significantly.

While many cryptocurrencies failed to withstand such a disastrous crash, Quitriam Finance (QTM) successfully made it through.

Working to expand the community and improve human life, Quitriam Finance (QTM) has the potential to grow and achieve great success.

Polkadot (DOT)

Polkadot (DOT) is a blockchain connection protocol that enables the seamless exchange of value and data between previously incompatible networks such as Bitcoin (BTC) and Ethereum (ETH).

It aims to offer seamless data and value transfer without requiring an intermediary. It is also intended to be fast and scalable, thanks to the use of multiple parallel blockchains (parachains) that offload many processing loads from the main blockchain.

It has two main functions on the network. One is a governance token that allows owners to vote on future directions and plans for the protocol, and the other is used for staking the Polkadot (DOT) network.

All of this data can be handled by the system since the various parachains handle a lot of the hard work of the main relay chain.

Due to this, Polkadot (DOT) can execute over 1,000 transactions per second, while popular crypto coins like Bitcoin (BTC) only handle 7 transactions per second, and Ethereum (ETH) can support up to 30 transactions per second.

As the network grows and parachains are added, Polkadot (DOT) is expected to enhance its already blazing transaction speed.

Polygon (MATIC)

Polygon (MATIC) is a Layer 2 scaling solution for Ethereum (ETH) infrastructure development.

As one of the fastest and most widely used Ethereum (ETH) scaling protocols, Polygon (MATIC) aims to create a multi-chain ecosystem by providing developers with an easy-to-use framework.

The network benefits greatly from Polygon’s (MATIC) fast-growing environment. While maintaining the security, interoperability, and structural benefits of the Ethereum (ETH) blockchain, the Polygon (MATIC) platform can increase the flexibility, scalability, and independence of blockchain projects.

MATIC tokens continue to play an essential role in system security and governance. Polygon (MATIC) recently announced its intention to become a carbon-neutral platform by the end of this year.

The network has promised $20 million to offset carbon dioxide emissions. Including such a strategy in Polygon (MATIC) development is believed to be beneficial.

Quitriam Finance (QTM) is an upcoming cryptocurrency aiming to disrupt the crypto world due to its novel and usability-centric attributes. It is quite evident that it will make the competition in the crypto market even fiercer. The coin has already gained significant popularity during its presale period, so now is the perfect time to invest in it. However, it’s too early to compare it with the current rulers of the industry.