Showing posts with the label crypto

Key Things to Know Before Investing in $Crypto

  If you're considering investing in a project, don't rely on hearsay; instead, research the project and examine Coingecko data first. 1. What is its rank there? 2. What is the maximum supply? (Crucial) 3. What is the circulating supply? (Crucial) 4. What is the significance of the project? 5. If the maximum supply is unlimited, it could be problematic. 6. Eight signs of a flop indicate an unlimited supply. Some coins have a max supply of 10 billion with a circulating supply of 200 million. This is crucial because, no matter how important the project is, a token or coin can only rise so far or stay in place. It may not provide long-term gains. Some projects have an unlimited supply but still thrive, depending on how much the team releases into the market. For instance, XRP has remained stagnant for years due to its low circulating supply and high max supply. However, tokens with a narrow gap between circulating and max supply don't necessarily skyrocket; the project's s

Prominent Blockchain Projects - A List of 38 Leading Projects in Blockchain Technology

  Blockchain is a rapidly growing field with numerous projects and applications being developed every day. Here are some of the prominent projects in blockchain: Bitcoin (BTC): Bitcoin is the first and most well-known cryptocurrency. It is a decentralized digital currency that operates on a peer-to-peer network. Ethereum (ETH): Ethereum is a blockchain platform that enables developers to create decentralized applications (dApps) using smart contracts. It is the second-largest cryptocurrency by market capitalization. Ripple (XRP): Ripple is a payment protocol and digital currency that focuses on cross-border payments. Its technology is used by financial institutions to facilitate international money transfers. Binance Coin (BNB): Binance Coin is the cryptocurrency of the Binance exchange, one of the world's largest cryptocurrency exchanges. It is used to pay for transaction fees and other services on the exchange. Polkadot (DOT): Polkadot is a blockchain platform that enables intero