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Coins That Can Take Over in 2022: Solana, Stellar, and Pugglit Inu

23 August 2022
in XLM
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It is crucial to invest in cryptocurrencies with lots of potential since doing so gives you the chance to profit handsomely. Crypto enthusiasts are already picking up bits of Solana (SOL), Stellar (XLM), and Pugglit Inu (PUGT) for potentially massive yields.

However, despite the widespread interest in cryptocurrencies, many people are quite unaware or unsure of which crypto tokens are best to buy. Nevertheless, you are in the right place if you are in this category and you are interested in buying coins with 10X potential.

We’ll introduce you to the Solana (SOL), Stellar (XLM), and Pugglit Inu (PUGT) cryptocurrencies and explain why you should keep an eye out for them.

Solana (SOL) – Speed and Scalability

Solana (SOL) is an active open-source blockchain project that provides decentralized finance (DeFi) solutions, similar to the Ethereum (ETH) blockchain. Solana was formally introduced in March 2020 by the Solana Foundation, a Geneva, Switzerland-based organization, even though the project’s conception and preliminary work began in 2017.

Solana’s Proof-of-history (PoH) consensus greatly increases the protocol’s scalability and usefulness. Hence, Solana is known in the crypto space for shorter processing times and cheaper fees. Essentially, the hybrid Solana protocol speeds up the process of validating transactions and executing smart contracts.

The protocol is also partnering with several ventures to create projects in different crypto sectors, including NFTs and GameFi. However, Solana’s SOL token supports all activities within the ecosystem. SOL was one of the best Crypto investments of 2021 and still has much potential as the blockchain continues to scale.

Is Stellar (XLM) Better Than Ripple (XRP)?

Stellar (XLM) is an open-source remittance and money transfer protocol that makes it simple and inexpensive to transfer money everywhere in the world. The Stellar (XLM) network was specifically built to handle the exchange of fiat cash and cryptocurrencies across national boundaries.

In many aspects, Stellar (XLM) and Ripple Labs (XRP) are comparable; however, XRP concentrates on financial institutions, whereas Stellar (XLM) is all about individuals.

Stellar runs on the support of its XLM token. The protocol uses the token as a bridge currency for cross-border payments and transaction fees, among other utilities. Given the project’s use, many cryptocurrency experts predict that Stellar (XLM) will easily increase in value in 2022 and might rank among the top 10 cryptocurrencies.

Pugglit Inu (PUGT) – Welcome To The Canine-Themed Crypto Family

Pugglit Inu (PUGT) is a developing meme project based on the Pugglit Inu memes that come from the combination of puggle and piglet. The blockchain project is modeled after the best qualities of the two animals to provide an ecosystem with meticulous record-keeping, environmental consciousness, community-friendliness, and customer care initiative.

Unlike other meme coins, Pugglit Inu will offer plenty of features to its community. It aims to develop an ecosystem with secure wallet and exchange services, as well as fast transaction times and cheap fees. Users will be able to access the best trading platform, a charting tool, network statistics, a news aggregator, trading bots that will keep users informed of prevailing trends and trades, and advanced trading tools.

The network has a native token, PUGT, which is a tradable coin that will be used for trades and rewards within the ecosystem. Holders will be able to participate in governance or stake the token for rewards.

The project is currently on presale and offers many bonuses to buyers who meet certain criteria. You could get 15% to 24% more tokens if you deposit BTC, ETH, LTC, BNB, and USDT during the presale. There are also bonuses ranging from 10%, 8%, and 5% for buyers who purchase within stages 1, 2, and 3 of the token presale, respectively.

Final Thoughts

Solana (SOL) and Stellar (XLM) have seen adoption and growth due to the value they bring to the blockchain table. They are likely to keep performing as the industry continues to expand.

Pugglit Inu (PUGT) is also set to toe the line of value delivery; hence, it has a good chance to provide massive profit to buyers.

 

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Credit: Source link

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