Avalanche (AVAX) or Celphish Finance (CELP)
While cryptocurrency may have started as a wild form of investment meant only for the experts, it has quickly developed into a mainstream financial market in our modern-day society. Regardless of the volatility and unstable nature of these digital assets, retail and institutional investors are still expressing plenty of interest in them. If you’re unaware of volatility in the cryptocurrency market, you need to remember that bitcoin hit an ATH of $68,789 less than a year ago. Today, this value has dipped by more than 50%.
The explosive price movement of the cryptocurrency market is exactly what attracts investors to become a part of the industry. Cryptocurrency traders understand that the price of any token can skyrocket within a matter of seconds. So, instead of wasting time worrying about the next direction of price, they search for the next big cryptocurrency to add to their portfolio. Are you also interested in identifying the next big cryptocurrency to give you exponential returns? You’re at the right place. This piece will look at the next set of tokens to gain all the hype and attention in the coin market – Avalanche (AVAX) or Celphish Finance (CELP)
Avalanche (AVAX) – The Future of DeFi
When cryptocurrencies were introduced to the entire world, they offered benefits that allowed users to access traditional finance features – popularly known as decentralized finance. Ethereum became the pioneer of the DeFi world and supported transactions and decentralized applications (dApps) with smart contracts. Within a short time, Ethereum became the favorite platform for blockchain developers who wanted to bite at the DeFi apple. Despite its impressive benefits, the Ethereum blockchain soon became congested and expensive to use. And that’s how the search began for the next innovative DeFi protocol. That’s where Avalanche came in.
When Avalanche was released, it didn’t take long for many crypto traders and experts to refer to it as the Ethereum killer. Why? Because this decentralized protocol will also support decentralized apps with smart contracts but promises to do a better job than Ethereum. Avalanche is designed with the capability to support near-instant transaction finality. The development of this token successfully identified the lapses of Ethereum and focused on improving it. As a result, this cryptocurrency focuses on boosting scalability and transaction speed.
When this altcoin was launched, it was introduced as a fast, versatile, affordable and secure blockchain. Avalanche is currently rumored to be capable of processing up to 4,500 transactions per second. AVAX is the native token of this platform. It’s used to pay transaction fees and to vote in the governance model.
Celphish Finance (CELP) – The Future of Crypto Space
With the increased popularity of blockchain technology, we’ve witnessed multiple use cases. Notable among them is the minting and creation of NFTs and trading cryptocurrencies. You’ll be surprised to find out that despite the beneficial nature of blockchain technology, not many people have access to these next-generation benefits. They are either unaware or unable to access these features.
Celphish Finance is a cryptocurrency designed to take care of this problem. The mission of Celphish Finance is to ensure that crypto users and enthusiasts continuously have access to crypto-related benefits without any barriers. This cryptocurrency project will birth a platform allowing users to trade and swap tokens seamlessly at various market prices. You’ll be excited to note that the developers of this token want to create a decentralized exchange that will stand out from other options. By making cryptocurrencies more accessible, this project is contributing to the worldwide adoption of these digital assets.
Celphish Finance doesn’t just stop at providing users with decentralized finance features. It also offers next-generation benefits such as the creation and trading of NFTs. This protocol will integrate an Automated Market Maker (AMM) into a dedicated NFT marketplace. CELP is the native token of this protocol. It allows users to access swap services in the ecosystem. Users are also motivated to purchase these tokens due to amazing bonus offers. Users who purchase Celphish tokens during the presale with Ethereum will get a 10% bonus. But if they purchase CELP with BNB, they get a 15% bonus.
Celphish Finance (CELP)