Toncoin and Tether are among the leading cryptocurrencies by market cap, with both tokens firm fixtures in the top 10. Ironically though, Toncoin and Tetherâs gargantuan market caps and utility is what caps their growth potential in the coming years. It is for this reason why Toncoin and USDT holders are buying into newer, more pumpable low cap blue chips such as revenue sharing DeFi protocol Zig Network (ZIG). Hereâs why.
đžToncoin underperforming even amid market uptick
Toncoin has been among the best performing altcoins in 2024, peaking to all time highs last June. However, Toncoin growth has slowed down in October, even as the rest of the market pumps. Toncoin is down 8.5% in the past month, even as Toncoin dominates the crypto headlines with its growing ecosystem and user base. Despite the monthly loss, Toncoin continues to hold strong support at $5, indicating an invested and optimistic investor base bullish about its future.
đžTether adoption hits new heights
Tether is the worldâs largest stablecoin by market cap, dominating the industry with a $120 billion market cap. Better yet, Tether adoption is continuing to build strong. As of press time, Tether has now surpassed over 330 million on chain wallets, with the previous quarter alone onboarding 36 million new Tether users. One major factor for Tether adoption was the recent adoption of the Toncoin blockchain, contributing 3.3 million new wallets to the growing total.
đžZig Network welcomes new Toncoin and Tether holders to ICO
The hottest ICO of this quarter has taken flight with the launch of revenue sharing DeFi protocol Zig Network and Toncoin and Tether holders are getting in on the early action. With DeFi primed for a major resurgence in the coming year, new DeFi protocols will be the beneficiary of the fresh capital inflows as new audiences enter the growing ecosystem. Analysts believe Zig Network could be the next major bulwark for DeFi adoption with its robust staking and yield farming interface that combines power with intuitiveness.
Gone are the days of switching around protocols and connecting to different ones to generate passive income. Better still, Zig Networkâs biggest draw is its generous revenue share arrangement, where $ZIG token holders will earn a portion of the platformâs proceeds paid out as a regular dividend. In doing so, $ZIG holders will earn a tidy profit by simply holding their tokens. This also incentivizes long term holders to become active participants in the success of what analysts believe could be a 100x token.
With $ZIG tokens available at just $0.01, Zig Network offers an ideal entry point for investors looking to gain exposure to DeFi at a low price and limitless growth potential. Definitely keep an eye on this invesment.
