TOP FIVE CRYPTOCURRENCY COIN-Polkadot current market cap is 16 billion. Polkadot is at number four in terms of ranking in the coin market and technically at number three.
TOP FIVE CRYPTOCURRENCY COIN
This is a very new project And marketing has responded very well in a very short time in cryptocurrency market
1. What is polkadot or history of polkadot:
Polkadot current market cap is 16 billion. Polkadot is at number four in terms of ranking in the coin market and technically at number three. This is a very new project And marketing has responded very well in a very short time. Many call polkadot the killer of Etherium because Polkadot is an ecosystem like Etherium.Wherever Smart Contact, Deb, Decentralized Finance can do a lot more.
But there are some differences between the polka-dot and Ethereum block chain. Etherium is a block with one block to one block thus made in the form of a chain. But Polkadot uses a different type of blockchain. Its name is Pera chain. This method creates a separate blockchain for each coin launched by the Polka dot ecosystem.
There are two chains in the Polkadot-blockchain and pera chain. This system in polka-dot makes many things easier.The CEO of polcadot Gavin wod. Gavin wod was involved as a co-founder of Coinbase Company. From this, it can be said that the future of the polka-dot coin is very good. Polkadot is a good project in cryptocurrency market.
2. What is Maker or History of maker (cryptocurrency:
Maker is a government token. It was launched by the Maker Foundation. Currently the market caps of the maker 1.3 billion dollars. The current price is 1444 dollars.
Introduced the Maker Foundation’s first official lending and borrowing system in the coin market As is done in banks.
Loans are given by mortgaging such assets in the bank. Similarly using the maker foundation’s maker protocol You mortgage your crypto asset then you can borrow stable coins or dai coins.
The maker foundation for this system is called the Godfather of Decentralized Finance. Maker launches dai coin in 2019s.1 DAI=1USD.
Currently one of the most popular coin DAI in the cryptocurrency market. With the current D5 popularity, Maker is becoming popular in cryptocurrency market.
As a result, the maker’s prize is 200 percent up in the last two months. Fundamental Maker is a good project.
3. What is Synthetix or history of Synthetix (cryptocurrency:
Synthetic’s current market cap is 2.5 billion dollars. Although the synthetic launch in 2017, the synthetic discussion began in the late 2019s.Synthetics are a decentralized finance platform.
There are many products in it. Such as decentralized exchange, synthetic assets, crypto ETC. Synthetic decentralized exchange can be used to easily set up your crypto exchanges In a decentralized way.
It’s a bit like a uni swap. You can use a synthetic asset to release the peak version of your real-world crypto asset. And you can buy sell it. Scripto is another of the synthetic products.
The CEO of Synthetic is Peter mekan. He has worked in many big companies. Peter mekan has a lot of experience developing software. It can be said that synthetics will be more advanced in the future. Synthetix is becoming popular in cryptocurrency market also.
4. What is Uniswap (uni) or history of uniswap (cryptocurrency:
Uni is a decentralized exchanger. The current market cap of the UNI is 3.5 billion dollars. The current price is 12.34 cents. Coinbase currently has a daily volume is 2.6 billion.
On the other hand, the UNI daily volume is 1.5 billion dollars. It is calculated that the union volume is more than half of the coin market volume.
Coinbase was validated 20-70 billion dollars in an IPO a few days ago.
From that point of view, Uniswap (uni) variation is expected to be 20 to 25 billion dollars easily. If you compare from this side, they have a lot of chances to the upside.UNISWAP is a decentralized exchanger.
The profits of decentralized exchanges are much higher than those of centralized exchanges. As UNISWAP users continue to grow, volumes continue to rise and profits continue to rise.
It is expected that this price will increase a lot in the future.it is becoming popular in cryptocurrency market also very soon.
5. What is Solona or history of solona (cryptocurrency:
Anatedy yankovenko is the founder and CEO of Solana. Before he turned the deception solo a blockchain, he works in Worldcom, Google, and Track box.
That is why it is said that he has enough experience in this technology. Solona is a high-speed blockchain. It can do 50000 transactions per second And its fue is the lowest.
Solona Blockchain now offers 1 million transactions for a fee of 1 USD only. Which is very low compared to unique blockchain.
Proof of history is used for Solona blockchain for first transactions.
This is another way of transacting, like proof of org, proof of taking. Through the bridge the solona is going to create its ecosystem, There are many patterns of deception here.
example:- Serum, Audus, Terra, Akash, Teether, Civic, etc.
Solona now trying to grow the ecosystem by partnering with more unique companies.
Solona’s current market cap is 932 million dollars. Solona’s current price is four dollars.
This coin has the potential to grow a lot in the future.it is becoming popular in cryptocurrency market .
Another thing is that I am not a financial advisor. If you invest, you must do so at your own risk. This article is written for educational purposes only.