Best Cryptocurrencies to begin with: Dogecoin, Apecoin & Quitriam Finance - Hindustan Times
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Best Cryptocurrencies to begin with: Dogecoin, Apecoin & Quitriam Finance

Published on May 30, 2022 07:39 PM IST

Dogecoin (DOGE) is the original meme coin. The crypto-token gained mainstream popularity after Tesla owner and cryptocurrency influencer Elon Musk called it his favourite cryptocurrency on social media.

Best Cryptocurrencies
Best Cryptocurrencies
ByHT Brand Studio

The world of cryptocurrency is vast, with various products and services popping up every day to solve one problem and make life easier. Decentralised Finance (De-Fi) provides ways for the world to transition from traditional finance systems to truly decentralised platforms that offer anonymity, peer-to-peer interaction and, most importantly, eradicate the need for intermediaries. As a result, De-Fi coins are some of the hottest cryptos on the market, and understandably so.

Then we have DEX coins. DEX coins are the native cryptocurrency of decentralised exchange platforms, a product of the De-Fi ecosystem. Unlike centralised exchange platforms, decentralised exchanges allow users to swap tokens without extra charge. In addition, DEXs do not require users to possess these tokens. Through the use of liquidity pools, there is always an excess of tokens which users can access at any time and anywhere. This is what makes DEX coins some of the hottest cryptos available.

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Memecoins, Metaverse and gaming coins are other examples of cryptocurrencies. With all these options on the market, it is no surprise that choosing a crypto token to invest in may be hard for some. With that in mind, this article will prove without a doubt that these three cryptocurrencies - Dogecoin (DOGE), Apecoin (APE) and Quitriam Finance (QTM) are the top three cryptocurrencies with the most potential to make you millions in the market. More details are below.

Quitriam Finance (QTM) - Play Games To Get The Gains

Quitriam Fiance (QTM) is an innovative decentralised multi-chain token swapping protocol that aims to remedy the issues of traditional finance by taking its old components and transforming them into trustworthy and transparent protocols via smart contracts and tokens.

The token swapping protocol is a first-of-its-kind DEX that is non-custodial and does not need to possess user tokens before they can be swapped. As a result, Quitriam Finance (QTM) allows trade safely and securely through peer to peer connections with liquidity supplied by others. Quitriam Finance (QTM) is currently on presale and can be purchased via the link below.

Dogecoin (DOGE) - The Original Memecoin

Dogecoin (DOGE) is the original meme coin. The crypto-token gained mainstream popularity after Tesla owner and cryptocurrency influencer Elon Musk called it his favourite cryptocurrency on social media. This led Dogecoin's (DOGE) value to skyrocket in the market, earning the crypto a place in the top 25 cryptocurrencies by market cap. Dogecoin (DOGE) still holds that position to this day.

Dogecoin (DOGE), like every other meme coin, is peer-to-peer crypto based on popular internet memes. The crypto initially started as a mockery attempt at the crypto industry, but it garnered a lively community of enthusiasts with time, and its value increased. As a result, Dogecoin (DOGE) hit a market cap of $88 billion in May 2021.

Some peculiar features of Dogecoin (DOGE) are its fast transaction and low transaction fees. This is possible because the crypto runs on its own blockchain. The transactions on Dogecoin (DOGE) are quicker and cheaper than the transactions on Ethereum (ETH), making it ideal for adoption as a payment option.

Dogecoin (DOGE)
Dogecoin (DOGE)

Going Bananas for Apecoin (APE)?

Apecoin (APE) is a leading metaverse token and the native cryptocurrency of the popular NFT collection, Bored Ape Yacht Club (BAYC). The crypto runs on the Ethereum Network and serves as a utility and governance token.

Holders of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT are eligible for a certain amount of Apecoin (APE), which they can collect from the Apecoin website. In addition, each NFT draws a specific allocation of tokens which is good news for multiple holders of the BAYC and MAYC NFTs as that means their token rewards will stack.

Apecoin (APE) is designed for utility and governance and can be utilised for payments and transactions of all sorts within Web3 apps. The most recent example of this is the Otherdeed metaverse, which used Apecoin (APE) as a means of payment for land within the virtual world.

Since Apecoin (APE) is a governance token, holders can vote on community-led proposals that determine the future of the token. This means that Apecoin (APE) holders have a say in what the token is used for in the future.

Presale: https://presale.quitriam.io/register

Website: https://quitriam.io/

 

Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

Before proceeding further and clicking the links provided in the article, the readers are advised to be well versed with the extant laws dealing with gambling viz. the Public Gambling Act 1867, IT Act 2000, etc. Further, online gambling is also a banned offence in many States in India. The readers are also advised that gambling is addictive and involves an element of financial risk and reader’s discretion is advisable. The article is intended for information only and nothing contained herein constitutes an advice or guarantee of winning, nor is there an intention to induce anyone into violating any law(s).

Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims.

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