TRC20 Token Generator - Blockchainx

1. Top crypto currency 2021 BLOCKCHAINX

2. 1. BITCOIN Although currently relatively expensive, Bitcoin remains a promising cryptocurrency in 2021 that can still beat new highs. This cryptocurrency, which over 50% dominates the entire market, was launched in 2009. Bitcoin is primarily used for storing value, investing, and transferring funds.

3. Pros and cons of Bitcoin Advantages of Bitcoin The volatility is relatively low compared to other altcoins and prices have ● become more predictable Significant liquidity which facilitates investment ● It benefits from the network effect ● Widely accepted as a payment method ● Disadvantages of Bitcoin More volatile than other investments such as stocks and ETFs ● Irreversible transactions ● Poorly regulated despite large transaction volumes ●

4. 2 - Ethereum (ETH) Many programmers and entrepreneurs were instrumental in the development of Ethereum , but the credit goes mostly to Vitalik Buterin and Gavin Wood. It is an open source platform that developers can use to create cryptocurrencies and decentralized applications. ETH is the leader and initiator of innovative concepts such as: smart contracts ● non-fungible tokens ( NFT ) ● decentralized finance ( DeFi) ●

5. Pros and cons of Ethereum Benefits of Ethereum Renowned development team ● DeFi platforms ● Large number of partnerships with renowned companies ● Non-fungible token holder ● ICO platform. ● Disadvantages of Ethereum ETH was one of the first blockchains to be created. Today, the platform shows its ● limits with the increase of its community Scalability issues ● High fees. ●

6. 3 - Ripple (XRP) Ripple was truly the first cryptocurrency project to have the backing of traditional financial institutions. It is the result of the work of Jed McCaleb and Chris Larsen. The XRP token is linked to a technological platform that was designed as a way to facilitate cross-border payments and transfers of funds. And it is for this reason that it has generated considerable interest from major banks around the world.

7. Pros and cons of Ripple Benefits of Ripple Ripple is still a cheap cryptocurrency . Some analysts believe it will reach $ 1,000 Use in the financial system ● ● Ripple Labs is well established with over 500 employees ● Partnerships with large institutions ● Disadvantages of Ripple Centralized , Ripple lacks an important feature of a cryptocurrency: ● decentralization Its creators hold a large portion of XRP ● All XPRs are already in circulation ●

8. 4 - Tron (TRX) Tron was launched in 2017 as an ERC-20 token on the Ethereum network to fund the project. In early 2018, investors, who got tokens, exchange them for a token running on the Tron network that already had some basic functionality. Since then, all Tron tokens have been operating on their own network . The TRX is the native token of its protocol. Development of tron token mainly focuses on decentralized entertainment market: social networks, gaming, online casino, etc.

9. Pros and cons of Tron Advantages of Tron Better compensation for artists with a decentralized entertainment platform ● Highly experienced development team including experts from Ripple ● The network can handle 2000 transactions per second ● Disadvantages of Tron Almost 50% of TRX are held in 10 addresses (centralization) ● Only 15% of TRX is available to investors ●

10. 5 - Dogecoin (DOGE) The Dogecoin was established in 2013 under the leadership of Billy Markus (former engineer at IBM), Oregon and Jackson Palmer. Its emblem is the Shiba Inu, a Japanese hunting dog. Basically, this virtual currency comes from a fork of the Litecoin blockchain . This is actually on purpose of a joke rather. However, it had a real goal: to democratize the crypto sector. It is in 2021 that Dogecoin becomes a promising crypto currency. It starts the year around $ 0.005. But in mid-April, it hits an all-time high of $ 0.1445. It may not seem like much, but it's a 3000% increase ! It then climbed above $ 0.26 shortly thereafter. It thus integrates the top 10 cryptos in terms of market cap.

11. Pros and cons of Dogecoin Benefits of Dogecoin A crypto supported by renowned investors such as Elon Musk ● Doge is more and more popular ● A positive image ● A well-established community ● Dogecoin mining can be lucrative ● Promising forecasts ● Disadvantages Volatile currency : a simple tweet can lead to a sudden rise in price ● Risk of sudden drop or collapse ●

12. 7. Uniswap (UNI) Launched in 2018, Uniswap is a decentralized exchange protocol based on Ethereum. It is an automated liquidity protocol. On this exchange platform, no order book or centralized part is necessary. Through smart contracts, development of uniswap UNI enables users to trade without an intermediary, achieving a high level of decentralization and resistance to restrictions. The system relies on liquidity providers who create liquidity pools for the Uniswap platform. Therefore, users can seamlessly exchange their tokens between virtually any ERC-20 token.

13. Pros and cons of uniswap Benefits of Uniswap Good alternative to centralized platforms ● Solves liquidity issues of centralized platforms ● Without KYC (identity verification) ● Full control over your funds ● Low transaction fees ● Disadvantages of Uniswap Some liquidity providers might list fake cryptocurrencies. ● Only ERC-20 tokens are supported. ●

14. Cryptocurrency development company - Blockchainx As a best cryptocurrency development company, we provide complete solution for custom Altcoin and Cryptocurrency development with secure features. Wish to avail the best Cryptocurrency development services to stay ahead in the market? Contact us

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