Best cryptocurrencies to start with: Dogecoin, Apecoin and Quitriam Finance
The world of cryptocurrency is vast, with various products and services popping up every day to solve a problem and make your life easier. Decentralized finance (De-Fi) offers the world ways to move from traditional financial systems to truly decentralized platforms that offer anonymity, peer-to-peer interaction, and most importantly, eliminate the need for intermediaries. As a result, De-Fi coins are among the hottest cryptos out there, and understandably so.
Next, we have DEX coins. DEX coins are the native cryptocurrency of decentralized exchanges, a product of the De-Fi ecosystem. Unlike centralized exchanges, decentralized exchanges allow users to trade tokens at no additional cost. Additionally, DEXs do not require users to own these tokens. Through the use of liquidity pools, there is always an excess of tokens that users can access anytime and anywhere. This is what makes DEX coins some of the most popular cryptos available.
Memecoins, Metaverse, and game coins are other examples of cryptocurrencies. With all these options in the market, it’s no surprise that choosing a crypto token to invest in can be difficult for some. With this in mind, this article will undoubtedly prove that these three cryptocurrencies – Dogecoin (DOGE), Apecoin (APE) and Quitriam Finance (QTM) are the top three cryptocurrencies with the greatest potential to earn you millions in the market. More details are below.
Quitriam Finance (QTM) – Play games for winnings
Quitriam Fiance (QTM) is an innovative decentralized multi-chain token exchange protocol that aims to address the problems of traditional finance by taking its old components and transforming them into reliable and transparent protocols via smart contracts and tokens.
The Token Trading Protocol is a one-of-a-kind DEX that is non-custodial and does not need to own user tokens before they can be traded. As a result, Quitriam Finance (QTM) enables secure trading through peer to peer connections with liquidity provided by others. Quitriam Finance (QTM) is currently on presale and can be purchased via the link below.
Dogecoin (DOGE) – The Original Memecoin
Dogecoin (DOGE) is the original meme coin. The crypto token gained popularity after Tesla owner and cryptocurrency influencer Elon Musk called it his favorite cryptocurrency on social media. This led the value of Dogecoin (DOGE) to skyrocket in the market, earning the crypto a spot in the top 25 cryptocurrencies by market capitalization. Dogecoin (DOGE) still holds this position to this day.
Dogecoin (DOGE), like all other meme coins, is a peer-to-peer crypto based on popular internet memes. The crypto first started out as an attempt to mock the crypto industry, but it attracted a lively community of enthusiasts over time, and its value grew. As a result, Dogecoin (DOGE) reached a market capitalization of $88 billion in May 2021.
Some special features of Dogecoin (DOGE) are its fast transaction and low transaction fees. This is possible because the crypto runs on its own blockchain. Transactions on Dogecoin (DOGE) are faster and cheaper than transactions on Ethereum (ETH), making them ideal for adoption as a payment option.
Go bananas for Apecoin (APE)?
Apecoin (APE) is a leading metaverse token and the native cryptocurrency of the popular NFT collection, Bored Ape Yacht Club (BAYC). The crypto runs on the Ethereum network and serves as a utility and governance token.
Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT holders are entitled to a certain amount of Apecoin (APE), which they can collect on the Apecoin website. Additionally, each NFT draws a specific allocation of tokens, which is good news for many holders of BAYC and MAYC NFTs, as it means their token rewards will stack.
Apecoin (APE) is designed for utility and governance and can be used for payments and transactions of all kinds in Web3 applications. The most recent example of this is the metaverse Otherdeed, which used Apecoin (APE) as payment for land in the virtual world.
Since Apecoin (APE) is a governance token, holders can vote on community-led proposals that determine the future of the token. This means that Apecoin (APE) holders have a say in the future use of the token.
Disclaimer: This article is a paid publication and does not involve any journalistic or editorial involvement with the Hindustan Times. Hindustan Times does not endorse/endorse the content of the article/advertisement and/or opinions expressed herein.
Before going any further and clicking on the links provided in the article, readers are advised to be well acquainted with the relevant laws regarding gambling viz. the Public Games Act 1867, the Computer Act 2000, etc. Furthermore, online gambling is also a prohibited offense in many Indian states. Readers are also advised that gambling is addictive and involves an element of financial risk and reader discretion is advised. The article is intended for informational purposes only and nothing contained herein constitutes advice or a guarantee of gain, nor is there any intention to induce anyone to violate any or several laws.
Hindustan Times shall not be responsible and/or liable in any way whatsoever for anything stated in the article and/or also with respect to views, opinions, announcements, statements, assertions, etc. ., indicated / presented in same. The decision to read below is purely a matter of choice and should be construed as an express covenant/warranty to Hindustan Times to be absolved from any potential legal action or enforceable claim.