At the time of writing this article, there are twenty thousand nine hundred and eleven cryptocurrencies on the market. The collective capitalization of these cryptocurrencies is nine hundred and seventy-seven billion dollars. There are more than five hundred exchanges, and the daily token trading volume is around eighty billion. By November 2021, the market capitalization of all tokens had reached an all-time high of three trillion dollars, and token prices were the highest they had ever been. Unfortunately, all good things must come to an end and the cryptocurrency market has crashed drastically. A few months have passed since the “crypto winter” came into force. To understand the current circumstances, we will look at three tokens below: Solana (SOL), Cronos (CRO), and MetaCryp (MTCR).
Shine on the Crypto Market – Solana (SOL)
Solana’s numbers are impressive. SOL ranks ninth, based on a capitalization of 16.9 billion. The price of a Solana token is 33 dollars. Both values mentioned have increased by 2.8% in the last twenty-four hours. SOL’s trading volume is 1.05 billion, which represents a marked increase of 34.7%.
The Solana Foundation began work on SOL in 2017. After three years of research and development, Solana was finally launched in 2020 at its headquarters in Switzerland. SOL is an open source customizable project backed by blockchain technology; offers DeFi services that are in high demand.
Token holders can create decentralized applications (dApps) on Solana. The platform integrates an underlying proof-of-stake (PoS) consensus with an innovative proof-of-history (PoH) concept to improve scalability. The hybrid protocol has attracted the interest of independent parties and large organizations. The latter is of particular interest to the Solana Foundation as its goal is to make DeFi solutions available for mass consumption.
Create wealth with Chronos (CRO)
CRO has a market capitalization of 3.46 billion, which places the token at number twenty-seven in the ranking. The price of Cronos is $0.114. Both figures increased by 2.1%. The CRO trading volume has increased by almost thirty percent, and currently stands at 22.3 million. Cronos was launched in 2018 and operates as an open source decentralized blockchain network created by Crypto.com. CRO allows users to make payments, exchange tokens and benefit from other financial services. Cronos Chain is one of Crypto.com’s wallet products. CRO was designed to allow cryptocurrency users to regulate their money and protect their information.
Furthermore, Cronos Chain works with Ethereum and in conjunction with the Crypto.com blockchain. The Cronos Chain mainnet was launched in late 2021 and is based on the cosmos SDK, which uses a Proof-of-Authority (PoA) consensus protocol. Since the system supports ethereum Virtual Machine (EVM), decentralized applications can be transferred to Cronos Chain.
Master Crypto with MetaCryp (MTCR)
It can be extremely difficult for a cryptocurrency to stand out, especially in a crowded market. There are more than twenty thousand tokens, and the crypto crash does not favor emerging tokens either. Any new platform will need to offer users something different to survive. MetaCryp has the potential to thrive as it provides both metaverse and gaming solutions. The MTCR strategy is sure to be effective as both elements have proliferated in recent years. For example, the global metaverse market is expected to be worth $678 billion by 2030. Similarly, the global gaming market revenue has doubled in the last five years.
tochomy
There will be 500 million MTCR tokens in circulation at any given time. 30% of these tokens will be available for purchase during the presale, 10% will be reserved for staking, and another 10% will be for Play2Earn funding. The other half of the tokens (250 million) will be distributed within the team (10%), a special fund (10%), an airdrop (10%), bonuses (5%), cash (5%), advisors (5 %) and reserves (5%).
Solana and Cronos numbers have increased, which is great news for Metacryp. The metaverse and the game will continue to grow, which means MTCR will find plenty of suitors. If you want to jump on the MetaCryp bandwagon, investing early is the best course of action, as a 9% bonus will be given during Stage 1 of the presale.
For more information on MetaCryp (MTCR), see the following links:
presale: http://presale.metacryptoken.io/
Website : http://metacryptoken.io/
Telegram: https://t.me/MetaCrypOfficial
Germain has a degree in journalistic communication, followed two years of philosophical studies and held the position of editor-in-chief of a local biannual magazine. He started web writing in July 2018, he is currently a project manager and trainer in this field.