Here are the three coins/tokens to watch now: Ethereum (ETH), Cardano (ADA) and Calyx Token (CLX)
Cryptocurrencies and blockchain technology have taken the world by storm. They’ve revolutionised everything. They’ve changed the way we view money and even the way we view the world.
However, in the reality of the world we live in today, buzzwords like Blockchain, Crypto, Bitcoin, Metaverse, Virtual Reality, NFTs, DeFi, Decentralised, and others are thrown around like nothing.
Luckily, that is the task that we’ve decided to expend our energies in. So without wasting any further time, here are the three coins/tokens we’ll need to review: Ethereum (ETH), Cardano (ADA), and Calyx Token (CLX).
Ethereum (ETH) – Old But Gold
This coin, launched in 2015, is the most significant coin after Bitcoin for a reason. Experts even predict that it will surpass Bitcoin in Market Cap in the future, as it has no limit to the number of coins that can be mined, unlike Bitcoin (BTC), which does (21 million BTC).
However, what makes Ethereum (ETH) different and unique is its Decentralised Blockchain network. It’s a tool used by thousands of Dappdevelopers (Decentralised app developers).
They’re able to build projects and launch smart contracts on the Blockchain. Ethereum (ETH) currently can handle between 15 to 45 transactions per second (tps), but Ethereum (ETH) 2.0 is on its way, which is anticipated to be faster.
This coin saw massive gains last year, and it looks to continue that trajectory this year even in a bearish market. The Cardano coin (ADA) was named after the World’s first Programmer, Ada Lovelace. Cardano (ADA) is very much like Ethereum (ETH) in that it is a Blockchain platform that allows other users and developers to build projects and deploy smart contracts on its network.
It is one of the biggest Cryptocurrencies in terms of Market Cap. Cardano (ADA) has one goal: to be the most environmentally sustainable blockchain platform. It hopes to be highly scalable and energy-efficient.
Calyx Token (CLX): Pre-Sale Underway
While the first two tokens listed above were both launched a while ago and are thus no longer in the initial stages, Calyx Token (CLX) is still in Pre-sale. It looks to be the number one destination for token trading in decentralised finance (DeFi).
It currently supports only Ethereum, but in the future, it looks to add other blockchains like Polygon (MATIC), Avalanche (AVAX), Binance Smart Chain (BSC), e.t.c. to its platform.
Calyx Token (CLX) is fully open, and users don’t need to register themselves on the platform before they can begin trading. The developers currently control and manage the network, but in the future, it looks to hand over the control and management to its users through CalyxDAO. It is firmly community-based. The maximum supply for Calyx Token (CLX) is 1 Trillion CLX.