Logarithmic Finance (LOG) is an up-and-coming cryptocurrency that could outperform the returns from veteran coins like Vechain (VET), and Klaytn (KLAY). This is because the platform is rapidly innovating and has also incorporated interoperability within its ecosystem. It could provide a potential boost for the LOG token in the near future.
However, for optimum gains, you should build a portfolio comprising all these 3 tokens as diversity helps in reducing risks. These cryptocurrencies show great potential to provide exceptional returns in the long term.
Logarithmic Finance (LOG) sees a huge upside in new registrations
Logarithmic Finance (LOG) has registered a huge upside in new registrations on its presale site, with the current LOG value increasing by over 400% since the start of its presale. Presale popularity has risen in recent years as early investors experience great profits on their investments during this period.
Logarithmic Finance has an advantage over other similar sites because it aims to improve network interoperability. It will be deployed on more than one network and support all popular networks such as Binance Smart Chain (BSC), Polygon (MATIC), Ethereum (ETH), and others.
The LOG token can be used to earn a passive source of income through staking. It will also provide users with governance and voting rights on the platform.
The primary function of the Logarithmic Finance platform is to help developers seek funding for their innovative projects directly from interested investors. It seeks to remove the reliance on centralised expensive platforms which charge heavy commissions for these services. Project developers often have to pay heavy fees for launching their tokens.
Logarithmic Finance is a completely decentralised platform where investors will be able to pool their assets and developers will be able to raise funds easily. Both will benefit through attractive interest rates and staking rewards.
Klaytn (KLAY) gets listed on Prime XBT
Klaytn (KLAY) was built in 2019 by Kakao, a leading South Korean company. It was launched to provide an easy solution for developers seeking to build metaverse empires. It is completely decentralised and open-source with a free to use developer package that allows even the most amateur developers to build easily and deploy in minutes on the Klaytn network.
The blockchain network is powered by the KLAY tokens, which are used for staking and paying transaction fees on the network. The KLAY tokens were recently listed on Prime XBT which will help in greater adoption of this coin. Prime XBT is an award-winning cryptocurrency trading platform with millions of users across the world.
VeChain (VET) gets listed on Coin Rabbit
VeChain (VET) platform is a robust supply chain solution provider that is used to verify and authenticate original items through blockchain technology. The network uses VET tokens as the primary currency which is used for staking and also securing the network.
Another gas token known as VeThor (VTHO) is used for paying gas fees. Holding VET helps in generating VTHO passively. The VeChain ecosystem has seen great expansion and is being used by many industries throughout the world ranging from vaccine passports to the wine industry for fighting counterfeit items.
The VET token might receive a boost after getting listed on Coin Rabbit, a lending platform that allows users to borrow easily at attractive rates of interest. It has some of the largest cryptocurrency collateral loan schemes and the VET token could potentially experience a price rise after getting listed on its site.
The 3 coins described above have great utilities and are constantly innovating to solve real-life problems. It is not advised to invest in a single asset as cryptocurrencies tend to be volatile, thus diversification strategy is employed by many experienced crypto investors. To learn more about Logarithmic Finance (LOG), use the links provided below.