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regular-article-logo Sunday, 05 May 2024

3 cryptos to help you survive and thrive in the rising inflation: Logarithmic Finance, Monero and TRON

ABP Digital Brand Studio Published 12.05.22, 01:12 PM

Rising inflation around the world has set a negative mood among many investors as they see their stocks in a significant decline. Finance analysts advise that any available cash (besides an emergency fund) should now be invested to beat soaring inflation rates. The growing popularity of cryptocurrencies is making more people consider putting their spare cash into the crypto market. Don’t miss the currently lower prices of major crypto giants or consider Logarithmic Finance (LOG) presale.

Why is Logarithmic Finance (LOG) considered a great investment?

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Currently, in phase 2 of its presale, LOG has already risen by a substantial 200%. With several more weeks of presale left, you can still become one of the presale investors, thus giving yourself a better chance of earning higher profits.

Logarithmic Finance (LOG) is a Layer-3 swapping protocol meant to help innovators and investors collaborate and communicate. Logarithmic Finance developments will enable multiple DeFi (Decentralised Finance) solutions targeted at tackling existing industry concerns. ERC-20 tokens will be used for utility and governance, while also providing staking benefits and Exclusive Pools Access to the LOG holders.

Members of the LOG community will receive special access to Logarithmic Finance's NFT auctions. They will also receive an 80% reduction in gas fees when exchanging their NFTs for stablecoins or cryptocurrencies.

The LOG project intends to make cross-chain transfers cheaper and more convenient across many blockchains. LOG will enable funding to be raised on any blockchain, including Ethereum (ETH), Binance Smart Chain (BNB), Avalanche (AVAX), Tezos (XTZ), Solana (SOL), and Polygon (MATIC).

Why should you choose TRON (TRX)?

TRON (TRX), launched in 2017 and created by the Tron Foundation, is a decentralised blockchain-based operating system that aims to make its technology appropriate for everyday usage. TRON, which is best defined as a decentralised platform for content creation and distribution, may have a promising start in making blockchain technology a standard in the entertainment industry.

TRON has positioned itself as a place where content producers may interact with their followers directly. The TRON network's creators are expected to lose less cash to middlemen as a result of eliminating centralised platforms. As a consequence, customers' access to the material may become less expensive.

TRX tokens are distributed to content providers in exchange for their creative labour. TRON's platform also hosts decentralised games, and users may actively support and reward programmers with digital assets.

Why is Monero (XMR) so popular among investors?

Monero (XMR) was founded in 2014 to answer concerns about anonymity in the cryptocurrency industry. Its primary goal is to provide and maintain transaction security and confidentiality. Because of its encryption mechanisms, the Monero project stands unique in the sector.

Monero puts privacy and censorship-resistant transactions at the centre of attention in its environment. The platform's first priority is to guarantee that all users remain anonymous by default. Because the XMR token exchange information is totally concealed, usage tracking is impossible.

The identities of crypto senders and recipients are concealed by Monero's advanced algorithms. Ring signatures guarantee that users' identities be disguised while being totally verifiable through signature verification on a transaction-by-transaction basis. It allows for secure transactions that are designed to be hacker-proof.

While rising inflation can bring a significant demand to the crypto market, it is also important to not make any rushed investment decisions. Always make sure to do your research before buying an established coin or a presale token. To learn more about Logarithmic Finance presale, use the links below.

https://presale.logarithmic.finance/register

https://logarithmic.finance/

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