Cryptocurrencies have been on a wild ride in the past year, with some currencies seeing huge gains and others crashing and burning. While it’s impossible to predict exactly which currencies will rise and fall in the next few months, there are a few that seem poised to continue their upward trajectory through the rest of 2022. Logarithmic Finance (LOG), TRON (TRX), and Terra (LUNA) seem to be three of the coins that will rise in the second half of this year. So if you’re looking to invest in cryptocurrencies, these three should definitely be at the top of your list.
Logarithmic Finance (LOG)
Logarithmic Finance (LOG) is a soon to be trading protocol. The project is currently in it’s presale phase. The team has been working hard to revolutionize the DeFi landscape, providing tremendous opportunities for cryptocurrency investors. Logarithmic Finance (LOG) currently supports Ethereum (ETH), but according to its roadmap, they plan to add support for multiple blockchain networks, including the Binance Smart Chain, Polygon, Avalanche, Tezos, and Solana. As a wallet, it will support MetaMask, one of the most popular token wallets. More wallets will be added in the near future, including the Coinbase Wallet, Fortmatic, WalletConnect, and Portis. To join the Logarithmic Finance (LOG) community, three different platforms can be used: Discord, Twitter, and Telegram.
The maximum token supply for LOG, the project’s native cryptocurrency, is 4 billion, but only 1.2 billion LOG tokens will be offered for sale. The project team has an interesting approach to unsold tokens. The developer team states that all unsold LOG tokens will be burned. Logarithmic Finance (LOG) took a minimalist approach and adopted a solid code architecture. It also ensures that only important data is pinned to the blockchain to optimize distributed resources to achieve 80% lower general gas fees.
One of the most striking aspects of the platform is that it will have a unique NFT market. The NFT auction functionality feature will only be available to LOG token holders on the platform. Users will be able to accept payments for NFTs in exchange for different cryptocurrencies or stablecoins on this platform. It is also worth noting that the Logarithmic Finance (LOG) project has very big targets for 2022 and 2023. It aims to be included in most top tier decentralized exchanges (DEX). Towards the end of 2022, it is stated that LOG token will have a staking feature, a stablecoin trading function, and multi-wallet integration. In 2023, it is stated that the mobile version will be launched for IOS and Android users. The project team also underlines that they will activate LogDAO in the final stage, giving the community full power over future developments.
TRON (TRX) is a blockchain platform for developing decentralized applications (dApps). The native token of the TRON network is TRX.
TRON (TRX) was founded by Justin Sun in September 2017. Sun is also the CEO of Alibaba-backed Peiwo, which is China’s largest audio content community with 10 million users. In March 2018, Sun acquired BitTorrent, a popular file-sharing protocol with over 170 million active monthly users.
The Tron Foundation raised a total of $70 million through an ICO in September and October 2017. In December 2017, TRON (TRX) partnered with Chinese internet giant Baidu and acquired a team of blockchain developers from Beijing-based cryptocurrency exchange OKCoin.
With all these impressive DeFi maneuvers and a history of success, Jusing Sun and TRON look to pose great opportunities for the near future.
Terra (LUNA) is a revolutionary new cryptocurrency that has seen rapid growth in recent years. Unlike many other digital currencies, Terra draws its investment potential from its stability and reliability. Unlike volatile cryptocurrencies such as Bitcoin, Terra (LUNA) strives to maintain a stable value that is backed by real-world investment. And with the increasing popularity of cryptocurrency investment, Terra’s market value has continued to rise steadily over time.
Terra (LUNA) has been standing strong, unlike the rest of the market, for the past two months and has been in an uptrend for a long time. However, highs in the crypto market are usually followed by price drops.
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