For the past few years, cryptocurrencies have proven themselves to be one of the most profitable types of investment. Due to the high volatility and variety of options on the crypto space, many short-term and long-term traders rush to it as a great investment solution. As a result, people in different parts of the world have been quick to purchase these digital assets. However, with more than 10,000 cryptocurrencies currently available on the coin market, it can be a tough decision for anyone to choose the best asset to purchase.
You see, purchasing cryptocurrency assets can be quite complicated because you have to be careful about several factors. First, you’ll need to carry out extensive research about the real-life applications and potential value of the coin. Next, you’ll need to find a suitable wallet or exchange where you can purchase your desired tokens. Are you looking for the best crypto tokens that will give you create returns in your investment? You’re at the right place.
Cardano (ADA), Polygon (MATIC), and VertoChain (VERT) are some of the largest cryptocurrency tokens worldwide, and for good reason too. This piece will look at why every trader would be interested in adding any or all of them to their portfolio.
Cardano Set The Standard Early On
Cardano is one of the oldest and largest cryptocurrencies on the cryptocurrency market. This altcoin is designed to be a decentralized, proof-of-stake blockchain platform. Due to the innovative technology used in its design, it’s more efficient than proof-of-work systems. It tackles the issues of scalability, interoperability and sustainability of blockchain systems by allowing users to access fast, cheap transactions.
Charles Hoskinson founded Ethereum after closely looking at the deficiencies of PoW tokens that initially dominated the crypto space. As a sign of the hard work that’s been put into Cardano, it runs on a Ouroboros consensus protocol. This mechanism is a unique proof-of-stake system whose effectiveness has also been confirmed by scholarly research. Every development and improvement on this blockchain is supported by extensive scientific and academic research. ADA is the native token of this unique network protocol.
Polygon Shows No Signs Of Slowing Down
Polygon is a crypto project that exists as a blockchain network and token. This innovative protocol is designed to connect multiple blockchain networks. When Polygon was initially released in 2017, it was referred to as the Ethereum of blockchains. Polygon is designed to run on the Ethereum blockchain and connect Ethereum-based projects. However, Polygon offers users access to more functions at a cheaper rate.
Running your programs on the Polygon network means that you will enjoy the interoperability, flexibility and scalability of blockchain technology. But you’ll also be able to enjoy the security and architecture of Ethereum without any of its negative impacts. MATIC is the native token of this blockchain. As an ERC-20 token, MATIC is compatible with other Ethereum-based crypto tokens or assets. MATIC also serves as a governance token that’s used to vote on development decisions, secure the network and settle transaction fees.
Introducing the latest and greatest cryptocurrency VertoChain
VertoChain was only recently introduced to the coin market, but it has the potential to overtake the biggest names in the DeFi sector. Like most of the DeFi tokens in the crypto space, this cryptocurrency is concerned about tackling the deficiencies of the centralized financial sector. According to the development team of this token, VertoChain is the future of the DeFi sector.
For some time now, the crypto space has been riddled by DeFi projects with stable infrastructure and non-transparent operations. VertoChain will not have any of these deficiencies. VertoChain is a next-generation crypto token that’s built on the Binance Smart Chain (BSC). As a result, it will be able to offer fast, cheap transactions to all its users. There are many impressive things about VertoChain such as the security of the protocol, the integrity of the source code and host blockchain, and impressive use case. There are plans to move this DeFi to other blockchains such as Solana, Tezos, Ethereum and Avalanche.
VertoChain aims to support P2P trading and swapping of digital assets. VERT is the native token of this blockchain and is used to facilitate transactions on it.