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Author: Admin | 2025-04-28
Blockchain speed for TON is a quick five seconds. But for the cryptocurrency to be competitive among crypto projects, it must attract more developers. Toncoin has generated impressive bullish momentum following recent reports that Telegram is considering an initial public offering.10. Avalanche (AVAX)Price: $28.22Market cap: $11.5 billionYear-over-year return: 107%The avalanche mainnet went live in September 2020. Avalanche is a competitor to the ethereum network. Its goal is to establish itself as the fastest, most secure blockchain. The avalanche smart contract platform supports dApps and autonomous blockchains. Users can vote on governance issues and pay transaction fees with avalanche’s native AVAX token.AVAX’s circulation is capped at 720 million tokens. But avalanche users control the token creation rate. This allows them to increase or decrease the inflation rate. Avalanche also has a unique consensus mechanism. A transaction is finalized only when a sufficient majority of validators approve it.*Market caps and pricing are sourced from CoinMarketCap.com, current as of 9:07 a.m. ET on Nov. 8, 2024.What is cryptocurrency?Cryptocurrencies are private digital currencies. They’re typically decentralized and secured via large computer networks.In contrast, federal governments and central banks back the U.S. dollar and other fiat currencies. The decentralized nature of cryptocurrencies allows them to function on their own, based solely on their programming code. Cryptocurrency transactions are verified and recorded using blockchain technology on a transparent public ledger.What is crypto trading?Crypto trading is buying and selling cryptocurrencies to generate a profit. There are several types of crypto trading:Long-term crypto traders buy and hold cryptocurrency for years or even decades. These investors ignore the booms and busts of crypto market cycles and focus on the potential for prices to increase over time.Crypto swing traders attempt to capitalize on medium-term crypto market trends and momentum. They buy and hold crypto for days or weeks.Crypto day traders
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