If you are looking for interesting tokens in the cryptocurrency market that could potentially provide giant gains in the medium to long term, then start by researching the three coins shortlisted by our experts. The three coins are: Rocketize Token (JATO), Avalanche (AVAX), and Compound (COMP).
While Rocketize Token (JATO) focuses on the decentralized finance (DeFi) industry, Avalanche is a layer 1 solution with high-speed transactions and low costs. Compound targets the lending sectors and makes it easy for users to get access to DeFi tools. Together, these three cryptocurrencies could potentially provide high returns in the future. Read on to learn more about the utilities and roadmap of these tokens.
Rocketize will bring about many innovations for the DeFi space
Rocketize Token (JATO) is a new project that aims to simplify the DeFi sector. The platform will utilize a native cryptocurrency known as the JATO token. The JATO token will be available for purchase on presale.
Traditional finance suffers from many shortcomings such as high collateral requirements and low-interest rates. Rocketize will revolutionize the DeFi space by targeting retail clients through its active meme community, known as Atomic Nation. The advantage of using meme communities is that it can build a huge interest in a new cryptocurrency in a short period of time.
Currently, the presale period is offering attractive bonus options for early buyers. Purchases through the Solana (SOL) token will offer a bonus of 10% while using Shiba Inu (SHIB) tokens will provide a bonus of 15%. An additional bonus of 8%, 7%, and 4% will be applied during the first, second, and third stage of the presale.
The JATO token will help users in getting access to easy loans through the collateral mechanism. The token will also employ staking and liquidity mining for providing a source of passive income to its holders. What’s more, the users of JATO will earn a passive income through a redistribution mechanism that is built into the transaction tax. The token also has a burn mechanism that will provide deflationary pressure for the coin and ensure its long-term growth.
1% of all transactions will be burnt and the remaining 1% of the transaction tax will be redistributed to the wallets of each holder. Holders of the JATO token will get voting powers and will be able to decide the future roadmap of the ecosystem as the site is based on a DAO model.
$45M worth of BTC bridged to Avalanche
Avalanche is a layer 1 solution known for its high speed and very low costs. The network is powered by a native token known as AVAX. The Avalanche ecosystem is working towards implementing interoperability and bridge solutions between different networks. As part of its commitment, it provided an Avalanche bridge for easy transfer of tokens between the Bitcoin and Avalanche network. It recently announced that $45M worth of BTC has been bridged via this utility. The AVAX Token remains a hot favorite among crypto experts and can be considered for the long term.
Hi.com adds support for the Compound Token
Compound is a DeFi protocol powered by a native token known as COMP. It helps users to earn attractive yields by depositing their tokens in pools supported by the protocol. The COMP token is used for governance purposes and holders can submit proposals and vote to decide the future of the platform. As per reports, Hi.com, a cryptocurrency exchange, has decided to list the Compound token. It could lead to a potential short-term rally for the COMP token in the future.
The three cryptocurrencies described above have great use cases and are solving issues that have been plaguing the financial industry for a long time. All three tokens can be added through the dollar-cost averaging method to potentially ensure huge returns in the future. Diversify your assets in order to reduce risk.
To find out more about Rocketize Token (JATO), visit the links below:
Presale: http://rocket.rocketize.io/
Website: http://rocketize.io/
Telegram: https://t.me/RocketizeTokenOfficial