Cosmos (ATOM) and Algorand (ALGO) have delivered handsome returns for cryptocurrency investors and you could also have a chance at becoming the next crypto millionaire if you invest in tokens that have a lot of potential for growth in the future.
We will discuss these three tokens and how they can provide an edge for crypto portfolios this year. The Logarithmic Finance (LOG) token is currently in its presale phase, which is a great opportunity for profit.
Cosmos allows inter-blockchain communications with each chain having its separate identity. The native token ATOM has registered strong returns as the Cosmos chain is slowly being adopted by developers. The all-time high price of the ATOM coin is $44.55.
It is available at a much lower level currently, a potentially good buy. The ATOM token is currently exchanging hands at $24.70 and can be bought to register decent gains in the future. The ATOM coin is a part of many crypto portfolios and is trusted by many veteran investors, which could lend to its authenticity and potential profit in the future.
Algorand is a Proof of Stake cryptocurrency that claims to provide better transaction speed than most current blockchain networks. It will soon implement Ethereum compatibility along with other chains. The all-time high price of the token is $3.56 and it is currently available at a discount, like most cryptocurrencies recently. An entry at this price level could provide immense returns in the future as the token retraces its all-time high price.
The ALGO token is currently being traded at the $0.73 level, at the time of writing. This is an attractive price and many investors seem to be purchasing the coin in huge quantities from observing the volume.
The LOG token is the native token of the new blockchain ecosystem known as Logarithmic Finance. It aims to unify decentralized finance (DeFi) with a launchpad ecosystem. The LOG token can be staked and can be bought in its presale here.
The current launchpad platforms are too centralized and demand hefty fees from project developers.
The advantages of the Logarithmic Finance ecosystem are outlined in the table below.
|Launchpad Platform||NFT Marketplace||Multi-chain Support||DAO Governed|
|It will provide project owners an easy platform to launch their tokens with lots of liquidity pool options.||Holders of LOG tokens will get access to NFT auctions.||The LOG token will support multiple blockchains including Ethereum, Solana, Polygon, Tezos, Binance Smart Chain, and Avalanche.||The Logarithmic Finance ecosystem will be fully decentralized and governed by token holders.|
LOG token combines multiple chains and also has on-chain data capabilities. It could level the field for project owners who currently have to face many issues while finding suitable platforms for launching their tokens. It provides great benefits for new tokens looking to launch in a friendly ecosystem.
The LOG token is available at an attractive price of nearing $0.002 and if it can replicate the success of other small-cap tokens, early users could be looking at huge gains in the future. The Logarithmic Finance community will vote for proposals and ensure full transparency.
Holding the LOG token also provides many additional benefits to its users. It is a token with an important use case and could be looked at if you are out in the market looking for an attractive investment opportunity.
All the three tokens discussed above are robust opportunities and will add a healthy mix to your crypto portfolio. Taking advantage of an early investment is the best method to book huge returns in the future. Please follow the links given below to learn more about the Logarithmic Finance ecosystem.