The cryptocurrency market is a constantly evolving space. You need to stay up to date with information to make the most of it. This piece will reveal crypto tokens that could potentially be a part of every trader’s portfolio – Ethereum (ETH), Chainlink (LINK), and Keninah Concord (KEN).
All You Need To Know About Ethereum (ETH)
Ethereum is the second most popular and largest cryptocurrency in the world after Bitcoin. It was launched in 2015 by Vitalik Buterin and his team of co-founders. Ethereum gained its place in the cryptocurrency market by providing users with the capacity to run decentralised operations.
Ethereum is the pioneer of smart contract-powered transactions. Unlike Bitcoin, Ethereum was designed to be more than just a means of payment or store of value. Ethereum is designed to be a decentralised computing network that relies on blockchain technology to power its operations.
The Ethereum network has grown so large today that you’ll find thousands of games, financial apps, and other applications built on Ethereum. Its blockchain is so reliable that you’ll find other cryptocurrencies running on it. Most of the new DeFi (Decentralised Finance) projects base their infrastructure on the functionality of Ethereum. Its native token, ETH, is widely accepted as a payment means and is considered a reliable store of value too.
How Does Chainlink (LINK) Stand Out In The Crypto Market?
It is essential to note that Ethereum is not the only cryptocurrency that has introduced a new use case to the crypto market. Chainlink is another cryptocurrency that stands out from the competition. So, what’s unique about Chainlink? Chainlink was designed to connect blockchain and non-blockchain elements. Before now, it was impossible for blockchain and non-blockchain entities to communicate. But Chainlink will serve as a bridge to connect real-world data to smart contracts on Ethereum and other networks.
Chainlink has wasted no time getting to the top of the cryptocurrency market because it has established solid partnerships with many notable brands and digital companies, including Google Cloud and AWS (Amazon Web Services).
With Chainlink, there’ll be endless ways to use the blockchain. It’ll be possible to connect almost anything, for example, weather forecasts, to the blockchain. Chainlink can connect real-world data and blockchain services using oracles. These oracles gather real-world data and transform it into a language that’s easy for the blockchain to understand. Chainlink runs on decentralised oracles, and no single person controls these transactions.
How Will Keninah Concord (KEN) Help The World?
Keninah Concord is a new cryptocurrency, but there are clear indications that it will leave a mark on the market. Why? Because of its impressive use case. There’s never been any cryptocurrency that’s done what Keninah Concord is about to bring to the current space.
The developers of this new project have identified many people suffer from a lack of resources during periods of crisis, such as war or natural disasters. That’s why they have designed a blockchain-based answer to this problem. With Keninah Concord, it’s now possible for victims to have uninterrupted access to financial aid during emergencies.
Keninah Concord is designed as a donation protocol to ensure that emergency victims are able to access financial assistance and continue their fight for survival. This cryptocurrency will allow these funds to be transferred quickly and at a low cost. The Binance Smart Chain powers Keninah Concord. Therefore, you can rest assured about the efficiency of this platform.
KEN is the native token of this platform and can be purchased at a discount offer during the presale. Crypto users that make a purchase deposit in BTC will enjoy an 11% bonus, while those that deposit in SOL will enjoy a 12%. You can learn more about this new project on this official website.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.