After the launch of Bitcoin and Ethereum, the importance of blockchain technology began to cement itself. This technology, which reveals the shortcomings of the traditional finance sector and provides full transparency to users, also powers the DeFi sector.
While decentralized finance continues to attract investors bored with traditional finance’s shallow structure, entrepreneurs who see this demand also create supply with many projects.
Supontis (PON), which has made a name for itself recently, is among these. It was created to offer investors the complete freedom of blockchain technology.
Supontis Token (PON) is a DeFi protocol created on Binance Smart Chain’s BEP-20 protocol that will serve many networks in the future. Thanks to its multi-chain structure, users who log into the platform will be given the right to freely transact on the network as they wish.
Supontis Token (PON) is powered by the PON native token. Thanks to the local exchange established in the project, all users will be able to trade as they wish without the need for expensive intermediaries. Participants who can generate staking revenues will be directly involved in the anonymous development processes. Thanks to the DAO understanding, all members will have a say in the platform’s future.
Avalanche (AVAX) is a cryptocurrency that was created to be a low-cost and eco-friendly alternative to other cryptocurrencies. One of its key features is its use of proof-of-stake consensus, which is more energy-efficient than the proof-of-work consensus used by Bitcoin.
Avalanche (AVAX) is also designed to be more scalable than other cryptocurrencies, with the goal of being able to handle millions of transactions per second.
In addition, Avalanche (AVAX) has a built-in decentralized exchange and supports smart contracts. Despite its potential advantages, Avalanche has yet to gain widespread adoption, while its price has been volatile in the bear market for cryptocurrencies.
NEAR Protocol (NEAR) is eliminating the barriers to Web 3 adoption. With high speeds, low fees, and a user-friendly interface, NEAR makes it easy for everyone to participate in the new decentralized economy.
As NEAR Protocol (NEAR) is built on a sharded Proof-of-Stake consensus algorithm, it can scale swiftly and efficiently without sacrificing security. As a result, NEAR is well-positioned to become the go-to platform for dapps for years and years to come. Despite the current bear market, NEAR Protocol (NEAR)’s team remains confident in the protocol’s long-term prospects and is committed to building the infrastructure needed to power the next generation of Web 3 applications.
The bear market has been tough on all cryptocurrencies, but a few coins have held their value to a greater degree than others. Supontis Token (PON), Avalanche (AVAX), and NEAR Protocol (NEAR) are three examples of coins that are likely to carry you through the dreary downturn. While no investment is ever guaranteed, these currencies appear to be headed for long-term success. If you’re looking for a coin to invest in during these uncertain times, consider one of the aforementioned.
Check out the links below for more on this tantalising new token.
Supontis Token (SUP)
Presale: https://register.supontis.com
Website: http://supontis.com/
Telegram: https://t.me/SupontisTokenOfficial
Bitcoin has surged past $63,000, driven by increased ETF trading and anticipation for the upcoming halving event. This rally has sparked renewed interest in cryptocurrency markets, with potential for further growth as momentum builds.
AnaisThe Islamic Coin project faces challenges in listings due to concerns over its design and potential political implications, highlighting complexities in the cryptocurrency market's regulatory landscape.
AlexAlibaba's EMO revolutionises AI animation, animating static photos into lifelike talking and singing videos. By directly converting audio to video, EMO captures subtle motions and individual facial characteristics with astonishing realism, presenting both innovative opportunities and ethical considerations.
WeatherlyThe Pokémon Company clarified that their new game, Pokémon Trading Card Game Pocket, won't include NFTs, addressing fans' concerns. While NFT integration in gaming faces challenges, the game aims for engaging gameplay and accessible monetisation strategies, prioritising the Pokémon experience.
AnaisEthereum's recent surge above $3,488 on February 28th reflects a broader cryptocurrency market rally. However, the spike in funding rates to 0.07% signals potential risks of overheating and a long squeeze for bullish traders.
WeatherlyJim Cramer's optimistic forecast and growing market anticipation signal potential for Ethereum ETFs, mirroring the impact of Bitcoin ETFs. With upgrades like Cancun and Shapella enhancing Ethereum's capabilities, surpassing previous all-time highs seems within reach, possibly by the third quarter.
AnaisBinance's new listing of Portal's gaming token sparked excitement, leading to a surge in market cap to $425 million. Portal offers cross-chain gaming, allowing easy access to various games and assets, with plans for token staking benefits and further expansion.
JoyHong Kong's Securities and Futures Commission has stopped accepting crypto exchange license applications, with non-compliant exchanges facing closure by 31 May 2024. Licensed operators include OSL Digital Securities and HashKey Exchange, while notable applicants like Bybit and OKX seek approval, though platforms like Coinbase and Kraken are absent.
AnaisOpenAI won a legal battle against Open Artificial Intelligence over the "Open AI" trademark, with a court injunction prohibiting the latter's use of the term. The ruling highlights the importance of protecting intellectual property in the AI industry and raises questions about branding strategies for both companies.
JoyElon Musk has filed a lawsuit against OpenAI, accusing the company of abandoning its open-source mission in favor of profit-driven collaboration with Microsoft. The lawsuit seeks to compel OpenAI to return to its original open-source model and ensure transparency in the development of artificial general intelligence (AGI).
Weatherly