August 26, 2022 by Akash Anand
Cryptocurrency is an evolving financial solution that has grown exponentially over the years. One of the substantial purposes of crypto assets is to enable peer-to-peer (P2P) financial transactions and minimize reliance on third parties. The crypto industry wants everyone to have access to simple and affordable services. According to World Bank records, almost half of the world’s population does not have a bank account or does not have one.
So, undoubtedly, cryptocurrency is helping numerous people and enabling them to use a wide range of financial services. However, the crypto market is faced with various challenges and its unpredictability raises several concerns. In 2022, the crypto market already faced several crashes, which raises several concerns about its stability. In this article, we’ll be discussing 3 viable options to consider that will help you to make a fortune. Starting with Pugglit Inu (PUGT), the latest addition to the crypto market.
3 CRYPTOCURRENCIES THAT YOU SHOULD BUY RIGHT NOW: PUGGLIT INU, RIPPLE, AND LITECOIN 4
Pugglit Inu (PUGT)
Pugglit Inu (PUGT) will provide virtual asset owners with new digital tokens to facilitate widespread use on decentralized, secure, and environmentally sustainable platforms. Users will be rewarded with a certain amount of traded tokens, along with offers that claim to encourage more people to join the network.
The Pugglit Inu Network is a Decentralized Autonomous Organization (DAO) with an established reserve currency protocol. The Reserved Currency Protocol is based on the platform’s utility token. The goal of the project is to bring governance to the platform’s community members and empower their owners.
An important aspect of the Pugglit Inu Network DAO project is the establishment of a monetary system controlled by community policies, with DAO itself controlling the behavior of tokens. The project aims to establish itself as a decentralized co-operative that adopts liquidity and existing token models. It will be a framework for user motivation and structuring in the Pugglit community.
The PugglitInu token, called $PUGT, is a utility token for the PugglitInu platform. It sponsors project decentralization through a decentralized wallet with rewards associated with user transactions. Pugglit Inu (PUGT) is a fully decentralized system supported by community members. The Pugglit Inu protocol issues tokens to community members at the time of trading to perform a wide range of functions.
Ripple (XRP)
XRP is the home currency of the payment system developed by Ripple Labs. Ripple (XRP) has a reputation as a digital asset built for global payments. In terms of cross-border payments, XRP is known for being very low cost and almost instantaneous. Ripple makes transfers, SME payments, and other types of transactions cheaper and more reliable for individuals, organizations, and customers.
Ripple is essential for money transfers. Fintech companies charge 0.00001XRP for transactions. On the other hand, the world average remittance fee is 6% of the remittance amount. Ripple’s solution is useful because it has lower transaction costs and allows recipients to receive more. XRP is one of the best cryptocurrencies that can offer fast and cheap digital payments to anyone.
3 CRYPTOCURRENCIES THAT YOU SHOULD BUY RIGHT NOW: PUGGLIT INU, RIPPLE, AND LITECOIN 5
Litecoin (LTC)
Following Bitcoin (BTC), the first market-leading cryptocurrency, Litecoin (LTC) was launched in 2011. Litecoin (LTC) is based on an open-source global payment network independent of the control of central authorities and third-party intermediaries.
It is a peer-to-peer (P2P) digital currency that offers immediate payments at almost no cost. Outperforming its competitors in terms of faster block generation rates and faster transaction confirmation times, the network and its native tokens continue to attract more merchants to accept Litecoin.
Litecoin is priced at $59.85 today and has a 24-hour trading volume of $504 million. It currently ranks 21st on CoinMarketCap and has a real-time market capitalization of $4.2 billion. Litecoin (LTC) has a circulating supply of 70 million Litecoin, for a total supply of 84 million.
Purchasing any of the 3 stated cryptocurrencies would be a great choice as all of them are equipped with significant usability features. However, Pugglit Inu (PUGT) do have a certain edge over others as it is a brand-new cryptocurrency that offers various bonuses. You can get 24% more PUGT tokens if you purchase PUGT tokens using USDT. Similarly, you can avail of 10% more PUGT tokens, if you purchase them in Presale Stage I. You can also find more information here.