3 CRYPTOCURRENCIES THAT CAN SKYROCKET IN VALUE IN THE COMING YEARS: Supontis TOKEN (SUP), MONERO (XMR), AND FTX TOKEN (FTT)
We’ve seen Bitcoin (BTC) and other cryptocurrencies reaching all-time high prices over the past few years. As a result, people’s interest in cryptocurrencies has skyrocketed, and it’s a hot topic among crypto enthusiasts and financial institutions.
At least on paper, the increase in the price of cryptocurrencies earlier this year made thousands of crypto millionaires. However, the recent crypto market crash has turned the tables, wiping out more than $2 trillion from the market. To recover losses, there is a lookout for new cryptocurrencies that can give massive profits in the long term.
The crypto space consists of different sectors that have specific coins associated. Cross-chain bridge is one of them. It enables exchanging information, Non-Fungible Token (NFT), cryptocurrencies, and many more. However, it is an untapped market with a lot to discover.
Supontis (SUP) is a new cryptocurrency that allows seamless transfer of cryptocurrencies between blockchain and decentralized apps (dApps) to access new platforms, allowing them to leverage various chains and benefits.
Supontis (SUP), a native community-driven token created by anonymous developers, works as a bridge for transferring assets between blockchains and completely revolutionizes how the world views blockchain interconnectivity. It aims to be cheap, fast, and capable of handling several transactions without slowing down.
The platform aims to create an ecosystem where users and token holders feel they matter and their opinions are heard. Users will have the right to vote and make decisions about the platform changes.
Supontis (SUP) works as a bridge for transferring assets between blockchains. The asset is locked in the initial chain and creates an equal amount of wrapped assets in the blockchain. During the transfer, assets are not sent or moved anywhere. Instead, it uses a smart contract to execute the transfer request in a two-step process.
Monero (XMR) launched in April 2014, an open-source cryptocurrency that uses cryptography to secure all of its transactions. This platform is known for its privacy, security, and inability to be traced with its exciting features like Ring Signatures, Confidential Addresses & Ring Confidential that maintain the privacy of sender, recipient & transaction, respectively.
Transactions done by it are not visible to others. Users are often their “own bank” as no one else can see or control the user’s transactions. It aims to achieve high levels of decentralization and a different type of decentralization to a different type of cryptocurrency as it is energized by the Proof-of-Work (PoW) consensus method.
It generates a stealth address with every transaction, enhancing the transaction’s anonymity. The untraceable feature of Monero (XMR) is a significant selling point that will lead to much greater adoption.
FTX Token (FTT)
FTX Token (FTT) is a fast-growing centralized cryptocurrency exchange that offers innovative products and services like leveraged tokens and derivatives as one of the world’s leading platforms for trading cryptocurrency. It aims to separate itself from competitors by offering innovative products like options, derivatives, and leveraged tokens.
This platform facilitates customers with free ACH bank deposits and offers one free weekly wire cash withdrawal. The team specializes in crypto advancements and aims to provide an enhanced cryptocurrency trading experience. It also supports withdrawals and deposits in fiat currency deposits in fiat currency and supports various financial assets. With its industry-standard security, FTX Token (FTT) aims to protect customers’ sensitive information and protection of their digital assets as well. Moreover, it allows trading in cryptocurrency with the help of futures and leveraged tokens without needing a margin account.
Supontis (SUP) will release updates and develop new features that will positively impact its users with real-life use cases and solid solutions. With high throughput and low transaction fees, it has an immense potential to skyrocket its value after launch.
Monero (XMR) can be used for illegal activities due to anonymous transactions. The mainstream media frequently emphasizes this to associate it with criminal activity. Similarly, US citizens are prohibited from trading on the FTX token (FTT) global platform. Neither does it offer live chat or 24/7 phone support.
Supontis Token (SUP)