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Over the years, cryptocurrencies have emerged as a practical and convenient investment option for investors looking for a mechanism where they could have more control. Unlike traditional financial instruments which are heavily regulated, decentralized finance (DeFi) assets like cryptocurrencies limit the involvement of third-party institutions like banks or brokerage firms. Hence, investors can look forward to cost-effective investment mechanisms with enhanced data privacy and returns. If you are confused about how to select a cryptocurrency best suited for your portfolio, the best way to start is with research. You can look at some of the top-performing names like Rocketize (JATO), Avalanche (AVAX), and NEAR Protocol (NEAR), evaluate them, and then make a decision.
Rocketize: Bringing the idea of the atomic nation to life with blockchain
Rocketize is a meme coin that is inspired by the idea of the atomic nation and is built on the Binance Smart Chain. It aims to cash in on the interest in intergalactic activities and offers its users multiple opportunities to generate passive income. To facilitate all kinds of transactional uses, the platform has rolled out a native token called JATO which will be available for purchase on presale.
By purchasing the JATO Token on presale, buyers stand to gain a host of rewards which will vary with factors like the kind of cryptocurrency used, the buyer’s referrals, the amount of fiat currency used for the transaction, the duration between signing up for the platform and the transaction and the stage of the presale. Let’s explain this with an example. If you are an ETH user and plan on buying JATO tokens, you will be eligible for 8% extra tokens as a reward. Now, for every $250 the buyer spends on purchasing the JATO Tokens, they will get free tokens at 4% as a bonus. Similarly, for every $500 they spend on buying JATO Tokens, they will get 9% extra tokens as a reward.
The JATO Token’s supply has been fixed at 1 trillion. Another thing that users should know about the native token is that it is deflationary. The platform will regularly burn these tokens to keep them in short supply. A scarce supply minimizes fluctuations and helps the team in keeping its price stable. Also, the platform charges a 2% tax on all JATO transactions. Of the tax proceeds, 50% are burnt and the other half is credited to token holders’ wallets.
The platform’s governance structure is based on the decentralized autonomous organizations (DAO) model wherein all stakeholders get to present their views via exclusive voting rights. JATO Token holders get voting rights that can be exercised when a community member pitches a proposal.
Avalanche helps Lemonade offer climate insurance to farmers
Avalanche is a smart contracts platform for building secure and fast-paced dApps. Its premier scaling solution, Subnets, enables developers to drive impact with scalability. Its native token is AVAX which is used for all kinds of transactional uses on the network. The blockchain network has also teamed up with digital insurance firm Lemonade to offer climate insurance to subsistence farmers globally. Avalanche’s cost-effectiveness and efficiency make it ideal for the job as many of these claims are in small amounts.
NEAR Protocol’s NEAR Token clocks 20 million wallets
NEAR Protocol is a scaling solution for Ethereum-compatible dApps and systems that are designed for mass adoption. Its native token is NEAR and is the primary cryptocurrency of the network. In October, the NEAR Token achieved the milestone of 20 million wallets, shortly after it partnered with the fitness app Sweat Economy. The app was launched on the NEAR Protocol network in September with one of the largest airdrop to active wallets.
For an average investor, it can be tough to select a single token among the three options, given how they have been boosting the worth of investor portfolios. Even when assessed from the point of view of their use cases, these cryptocurrencies check all the right boxes. However, for many cryptocurrency analysts, Rocketize has an edge over the other two options because of its growth potential. Offering its users multiple opportunities to earn passive income, Rocketize can help them earn returns over the long term. Of the many cryptocurrency analysts who have reviewed it, many believe that it is only a matter of time before it smashes all crypto records.
Learn more about the Rocketize Token:
Presale: https://rocketize.io/buy
Website: http://rocketize.io
Telegram: https://t.me/RocketizeTokenOfficial
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