Follow this article to learn about the 5 most important digital currencies in terms of liquidity and attracting investors to trade on the Binance platform #Binance
The first project we will talk about is the Saga currency project
Saga sees itself as a game changer in the Web 3 development scene. It offers a comprehensive solution for Web 3 infrastructure.
But what exactly does Saga do, and how does it compare to the competition?🤔
Saga is a Layer 1 protocol. Unlike traditional blockchains like Ethereum, Saga focuses on creating customizable blockchains called “chainlets” for each application. These chains are designed to be:👇
Scalable: Applications can launch new threads to handle increased demand, essentially achieving unlimited scalability.
Interoperable: Chains can communicate with each other and existing networks, promoting collaboration and data exchange.
Zero network fees: Users do not incur gas fees to interact with applications built on the Saga series.
The most famous competitors
Ethereum: The most popular blockchain, Ethereum offers a vast developer ecosystem and strong network effects. However, it suffers from scalability and high gas fees.
Solana: A high-performance blockchain known for its speed and transaction throughput. However, there are some service outage problems in the blockchain network that have not yet been completely resolved
Ligon: A scaling solution for Ethereum that provides faster and cheaper transactions. However, Polygon relies on the security of the Ethereum mainnet.
The price of the $SAGA coin at the time of writing this article is $3.24
As you can see on the chart, the current price of the Saga coin is considered the lowest price it has reached since its listing on the Binance platform
If you want to invest in this currency, you can enter from the current price with the targets shown on the chart above $4.5, and if it exceeds this price by closing on two consecutive days, the next target is $7.
More details about the currency at the following link
https://www.binance.com/en/price/saga
The second project we will talk about is the Wormhole W coin project
What is Wormhole Project and W Coin?
Wormhole is a cryptographic protocol that allows digital assets to be seamlessly transferred between different blockchains. It aims to solve the “Blockchain Island” problem by creating a unified network that connects various major blockchains.
Wormhole project features:
Ability to exchange: Wormhole allows any supported digital asset to be transferred between different blockchains, opening up new possibilities for trade and finance.
Efficiency: The Wormhole network provides fast and cheap transactions, making it ideal for everyday use.
Security: The Wormhole network is secured through a range of advanced security mechanisms, including multi-layer encryption and digital signatures.
Uses of W coin:
Earn Validation Incentives: Top validators on the network can earn W coin as a reward for their participation in securing the network.
Participate in Governance: W token holders can participate in network governance and vote on future changes.
The price of the $W coin at the time of writing this article is $0.715
As shown on the chart, the W coin has reached a price bottom of $0.5 and is now in a resistance phase, but the price is still very low compared to the previous peak of $1.9.
If you want to invest in the W currency, you can enter from the current price with an increase in the quantity in the event of visiting the previous bottom of 0.5 dollars, with the first target for the currency being 1 dollar.
More details about the currency at the following link
https://www.binance.com/en/price/wormhole
The third project we will talk about is the BB coin BounceBit project
BounceBit is a #bitcoin token repository project on the Binance Smart Chain network, and it is the first project on the new Binance product (Binance MegaDrop) #Megadrop
How to participate in the Mega Drop: There are two methods. You can implement both together, or you can implement only one of them according to your desire.
If you implement both methods, you will receive more points = more coins at the time of airdrop distribution🔥
The first method is by storing BNB coins inside the reserved Binance earnings products (the higher the quantity, the greater the number of points + the longer the reservation period, the greater the number of points as well).
The second method: by completing the tasks related to the BounceBit project
On the Binance WEB3 wallet, I will upload a video and share the next porridge ⏳
More details about the currency at the following link
https://www.binance.com/ar/research/projects/bouncebit
The fourth project is Tensor Coin TNSR
Tensor is an NFT marketplace on the Solana network
The price of Tnsr coin is currently $0.86
The bottom of the currency was at $0.75, so it is very close to the bottom. If you want to invest in this currency, this is a very good time to enter. The first selling target is $1.2. The second target is $1.9.
More details about the currency at the following link
https://www.binance.com/en/price/tensor
The fifth and last project is the #solana coin
Solana is still attracting the attention of investors in the field of digital currencies after its exceptional performance recently, and with important events approaching for Solana coin, such as Solana BreakPoint, which is Solana’s annual event, and also the approaching launch of Solana Fire Dancer in Solana coin, under everyone’s eyes 🔥
The price of the $SOL coin while writing this article is $140
The price is suitable for investment entry, the first target is $200, and if the closing occurs weekly, the highest is $200, then you are about to see the moon with Solana 🚀🚀🚀
More details about the currency at the following link
