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Five Cryptocurrencies To Consider For This Christmas

Stakemoon

Even though cryptocurrencies are here to make transactions easier and faster, you should do your own research before adding any cryptocurrency to your gift list. To ensure that the benefits you will soon be experiencing are right for you, you need to understand what token you are investing in. In this article, we analyze the top five cryptocurrencies you should invest in during this holiday season and why they’re worth the effort.

StakeMoon

The campaign began in November; StakeMoon has raised $1,200,000 since launching and is still climbing. A new and innovative cryptocurrency project takes the form of a digital coin that is still in its infancy but appears to be promising as an investment. In order to encourage long-term holding, StakeMoon’s token has a taxation policy that penalizes market speculators. As a result, token holders receive regular dividend payments, and staking rewards are flexible. A 15% tax rate applies to all transactions. The remaining 5% is assigned to the StakeMoon liquidity pool. Of this figure, 10% goes to existing token holders. In addition, a minimum redemption period does not apply to StakeMoon tokens. By contrast, “takers” can withdraw their StakeMoons at any time.

In a recent addition, StakeMoon has launched an exchange (DEX) on PancakeSwap that enables users to buy, sell, and trade hundreds of decentralized finance (DeFi) currencies without relying on a third party. Market forces will therefore determine the value of StakeMoon.

StakeMoon has been heating up fast and keeping tight on its roadmap, with plans to list on BitMart in early 2022 with CoinGecko and CoinMarketCap listings coming soon.

To learn more, visit https://stakecoins.com, or follow StakeMoon on Telegram, Twitter, and Instagram.

DeFi Coin

A Digital Token called DeFi Coin (DEFC) represents the DeFiCoins.io website and the DeFi Swap exchange. That ensures no requirement to go through a third party since buyers and sellers can exchange value directly with other market participants. The DeFi Coin umbrella actively promotes three functions:

  • Static Rewards
  • Automatic Liquidity Pools
  • Manual Burning Strategy

Long-term holders of DeFi Coin are encouraged to hold onto them. That’s because 10% of each transaction goes to DeFi Coin. Because of this, there is a deterrent effect on day trading, resulting in volatility and wild price swings. Furthermore, 5% of these figures are distributed to current holders of DeFi Coin tokens, which is fairly similar to dividend payments. Finally, another 5% of these figures are used by decentralized exchange services to provide liquidity.

A major benefit of holding DeFi Coin tokens is that users can earn dividends via a static reward system.

The current value of the DeFi Coin is $0.46 at the time of writing.

DeFi Coin is a cryptocurrency, and you can learn more about it by visiting the website https://deficoins.io, and you can also purchase it on Bitmart.

Solana

In an open-source project called Solana, a new permissionless blockchain is being developed. Solana has block times of 400 milliseconds, and the network gets faster as hardware gets faster. Due to Solana’s scalability, both developers and users maintain transaction costs below $0.01. As for prices, Solana is trading at an average price of $0.00025.

Not only is Solana ultra-fast and low cost, but it is also censorship-resistant. That means that the network will remain open for free applications, and transactions will never be stopped.

With Solana’s crypto-economic system, participants are rewarded depending on how secure and decentralized the network is. The validation clients are the main players of this economy.

Avalanche ($AVAX)

As a programmable smart contract platform for decentralized applications, Avalanche claims to be the fastest smart contract platform in the blockchain industry by calculating time-to-finality, as well as having the most validators of all proof-of-stake protocols.

The native token secures the network, pays fees, and serves as an accounting unit across the multiple blockchains deployed on the larger Avalanche network.

A validator’s staking resources are proportionate to the stake they have. There are many advantages to Avalanche, including:

  • The rewards accumulated by a validator for validating are proportional to that validator’s total stake.
  • Since Avalanche is leaderless, there are no “rich-get-richer” compounding effects. Validators that lock their stake for longer are rewarded more.
  • Validators are incentivized to stay online and operate correctly as their rewards are based on proof-of-uptime and proof-of-correctness.
  • $AVAX is a capped-supply token with a maximum cap of 720 million tokens. While capped, $AVAX is still governable.
  • The rate at which the maximum cap is reached is subject to governance. Fees are not paid to any specific validator. Instead, they are burned, thus increasing the scarcity of the $AVAX.

Radix (XRD)

Radix’s goal is to bring back the fun of DeFi by focusing on community, security, and scalability. When projects use Radix components to build billion-dollar DeFi applications, Radix focuses on the community and recognizes each developer in exchange for direct revenue.

The Radix blockchain is the only decentralized network where developers can build quickly without being constantly threatened by exploits and hacks. Every improvement will be rewarded, and the scope will never be inhibited.

Radix’s unique benefits include:

  • 100% of all transaction fees are burned.
  • 53.8% of the token supply is locked on average across POS networks.
  • 300 million XRD per year will go to stakers for securing the network.
  • eXRD/SRD bridge will allow users to move quickly between Ethereum and Radix.

About StakeMoon

StakeMoon is a Binance Smart Chain-based autonomous staking and liquidity creating technology, launching new and innovative digital cryptocurrency projects.

Website: https://stakecoins.com/

Telegram: https://t.me/StakeMoonOfficial

Twitter: https://twitter.com/stakecoins

Instagram: https://www.instagram.com/stakemoon/

About Jhonattan Jiménez
About Jhonattan Jiménez

English Language professional with a vast experience teaching English as a second language, English translator to Spanish, Cryptocurrency enthusiast, interested in geopolitics and economy.

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