Mining some cryptos is a lucrative business in the world, three crypto farms with numerous irregularities were recently discovered in Argentina. The Argentina Tax Collection Agency (AFIP) didn’t take this kindly, it conducted a raid and shut down all three.
This shows us the potency of some crypto to the extent that people would illegally try to mine them. Supontis Tokens (PON), Ripple tokens (XRP) and USD Coins (USD) are prized crypto that anyone would love to mine if it was possible. This article looks at them in more detail…
Supontis Token (PON)- A bridge for your blockchain needs
Many cryptos foci are on being decentralized blockchain platforms, that establish a peer-to-peer platform to securely execute and verify code; but some take it a step further. Supontis (PON) is a platform capitalizing on being a bridge, it makes blockchains communicate with each other and increases interoperability in the crypto sphere.
Supontis (PON) allows for the exchange of tokens, data and assets across various blockchains, specifically Ethereum (ETH), TRON (TRX), Fantom (FTM) and Binance (BNB). The Supontis Token (PON), of type BEP-20, is its native cryptocurrency and is built on the BNB Smart Chain (BSC). These tokens are now on presale for those interested, and purchasing them now may be favourable to you.
Supontis Token (PON) is favourable because of its low transaction costs, the BSC gives it a quicker validation time and gives you one less thing to worry about. Supontis Token (PON) carries out transactions simultaneously without slowing down, it also accommodates smart contracts and uses a proof-of-stake Authority (PoSA) consensus mechanism to secure the ecosystem.
Buying Supontis Tokens (PON) now with Ripple tokens (XRP) or Litecoins (LTC) respectively rewards you with a 12% stacking bonus each- in native tokens. Learn more on how PON competes with Polygon or discover its long-term prospects here.
Ripple token (XRP)- Institutional Assistance
Ripple token (XRP) is a cryptocurrency designed to give you cheaper and faster transactions, but Ripple tokens (XRP) now have a different role – mainly institutional. Ripple tokens (XRP) ability to be changed to any crypto, fiat or even gold with minimum commission puts Ripple token (XRP) ahead.
Ripple token (XRP) was created and issued by Ripple Labs, an American-based company. Ripple tokens (XRP) are one of many products of Ripple Lab, and Ripple token (XRP) mainly assists the banking sector to carry out cross-border payments.
Ripple token (XRP) has recently wound up in a lawsuit against the US SEC. The settlement in the Ripple (XRP) lawsuit will depend on the SEC, and the revelation of Hinman speech drafts documents.
This doesn’t put the Ripple token (XRP) in a very safe spot. Hence, although Ripple tokens (XRP) are prized, one still has to wonder if this lawsuit can affect their value.
USD Coin (USDC)- store your dollars digitally!
Not everyone likes the idea of a “highly volatile” cryptocurrency like Ethereum (ETH), some want cryptocurrency but one that doesn’t fluctuate in value; like one equivalent to the dollar.
It’s your luck because USD Coin (USDC) offers just that, it’s managed by an organization called Centre, which consists of Coinbase, and is pegged to the United States Dollar at all times! It’s also a stablecoin of the ‘first kind of fiat-collateralized currencies’ grouping.
Find out more about PON:
- Presale: https://register.supontis.com/register
- Website: https://supontis.com/
- Telegram: https://t.me/SupontisTokenOfficial
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