Solana (SOL), Polkadot (DOT), and Logarithmic Finance (LOG) represent a good opportunity for potentially reaping millions in profits. You can add the three coins through a systematic investment plan (SIP) and gain an early advantage for making a good amount of money. While Logarithmic Finance is an early-stage token and is in its presale phase, Solana and Polkadot are coming out with new updates that will result in a huge upside in these tokens. Getting invested in such cryptocurrencies could very well provide higher yields as the price rallies once the whales decide to purchase huge volumes.
Solana could soon pump to the $110 level
The SOL token is currently being accumulated in huge volumes by whales and the price action exhibited by the coin could manage to push the Solana coin towards the $110 region in the near future. The SOL token’s price is trading between a narrow range of $101 to $108 and looks set to target the $110 level soon. Adding the Solana token to your portfolio could help you in realizing your passive income dreams.
Polkadot launches XCM messaging format
Polkadot has announced the launch of XCM messaging format that will enable easy communication between not only cross-chains but also smart contracts. It will further enable easy communication between interoperable networks that Polkadot is known for. The DOT token has quickly become a favorite of cryptocurrency investors as it is multi-chain and allows communication between different para chains.
The DOT token has been trading between a range of $18 to $23 and could soon climb higher towards the level of $28 as purchasing volume increases. Add the DOT token along with LOG and potentially reap millions in the medium to long term.
Logarithmic Finance could provide 20x gains on listing
The Logarithmic Finance ecosystem is a useful platform that allows investors to connect directly with new project owners who require funding. The existing fundraising channels suffer from problems of low liquidity and poorly written smart contracts. LOG token will eliminate barriers and will provide fundraising at low costs for such project builders.
The LOG token will be multi-chain so users can transfer tokens and take advantage of lower gas fees. Problems of liquidity will be a thing of the past as the token is compatible across different blockchain networks.
To reward its supporters, LOG will enable access to DeFi liquidity pools and users can either choose to invest in time-locked pools or enter without a vesting period. This will allow more investors to use the network and allow project owners to get access to enough funds.
The LOG token will introduce a token burning program as agreed by the DAO community. The team has decided to conduct a smart contract audit to ensure greater trust and transparency. It is entirely up to the community to decide what projects will be supported and the percentage of tokens that will be affected by the burn rate in the future. This allows users to gain access to governance in the project and provide a greater incentive for holding LOG tokens in the long term.
A good amount of LOG tokens has been reserved for various activities such as future initiatives, community support, marketing, exchanges fees, and ensuring adequate long-term liquidity.
The LOG token will allow holders to participate in NFT swaps and also stake the coin for earning extra income. A tier-shaped model will be used to grant rewards to holders of LOG.
Polkadot (DOT), Solana (SOL), and Logarithmic Finance (LOG) can help you in achieving financial security if you invest and manage to accumulate good quantities. LOG has an early mover advantage as platforms for supporting new projects in the cryptocurrency space are not that common and do not have access to sufficient liquidity. The high listing fee charged by existing platforms is another reason why users will hopefully prefer the LOG ecosystem, as it will enable low-cost solutions.
Check out the LOG token’s progress on the links given below. You can also use Twitter or Telegram to get answers to queries from the team. Hurry and register in the presale, as the price could multiply by 10x after listing.