The cryptocurrency industry has had a meteoric rise in value over the past year, and shows no signs of slowing down.
If you’re looking for good investment options, you should definitely consider these three protocols: Mountanaz (MNAZ), Filecoin (FIL), and TRON (TRX).
Each of these digital currencies has unique potential money-making features. So read on to learn more!
Mountanaz (MNAZ) describes itself as a financial hub that includes crypto technologies and decentralized finance (DeFi) elements to support various use cases in the ecosystem.
The platform aims to make managing your assets, lending and receiving, generating staking revenues and bridging chains as easy, efficient and fast as possible. Mountanaz loan protocol is used to increase the efficiency and profitability of digital asset capital where multiple loan pools will be established with the use of deposited and loaned assets. In short, the ecosystem offers effective solutions for digital asset loans.
The Mountanaz (MNAZ) development team, as a team with many years of experience in blockchain technology and applications, looks at security from a wide lens. In order to ensure that the code quality is always at the highest level and that the platform does not lack financial fundamentals, some of the most experienced developers and finance experts in the industry have been contacted and their know-how has been utilized. All in a bid to create a perfect platform for all.
In addition, the most intuitive and responsive liquidity bots have been created, always on the alert to protect users’ investments. There are many safeguards in place to protect lenders in case bad faith borrowers try to borrow beyond the percentage set in their deposited collateral.
Governance at Mountanaz is based on the concept of a Decentralized Autonomous Organization (DAO) controlled by stakeholders (active owners, users, and community members) who contribute to the protocols by providing liquidity and using services.
The MNAZ native token will be used for administration, lending, borrowing and rewards.
As the platform progresses, token buyback plans are also being made to create a limited supply channel in a challenging market. The total supply of Mountanaz’s MNAZ Token is 50,000,000 units.
- 3% of the total supply will be allocated by pre-sale
- 1% will be offered to the market through public offering
- 6% is reserved for the management and development team.
The live market launch of Mountanaz (MNAZ) is scheduled for the last quarter of 2022. Until then, investors could be seeing their early stakes increase substantially in presale.
Although Filecoin (FIL) has been on a linear progression chart for a long time, it has recently shaken the confidence of its investors by losing 30% in just a few hours.
Although Filecoin creates a buying opportunity at its current low price, investors’ hesitations continue due to the rapid decline of its value.
Filecoin (FIL), which has seen the peak at $230 in April last year, has now regressed to a current value lower than $10.
FIL is trying to recover in value. However, while many new investors are hesitant, experienced venture capitalists and analysts predict that this decline could stop and the protocol might start to rise again soon.
Tron (TRX) hit an all-time high of $0.30 on January 5, 2018. At the start of 2022, TRON (TRX) was traded at $0.0754. On April 29, the price of TRON was recorded as $ 0.06664.
Although TRON (TRX) may look like a low-priced cryptocurrency, its huge market cap should not be overlooked.
TRON (TRX) is widely viewed as a reliable and legitimate platform. People are attracted to the fact that it facilitates the cost-effective sharing of digital content. TRON’s network structure becomes more stable as the scope of its potential applications expands or the demand for existing applications continues to increase. A price increase is expected for TRX in the next year.
While it is always important to do your own research before investing in any cryptocurrency, Mountanaz (MNAZ) seems like a good option for those looking to invest in a promising altcoin. Do your own research before investing, but these three currencies appear to have great potential for future growth.
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