ROI, or return on investment, is a performance metric used to assess an investment's efficiency or profitability as well as used to compare the efficiency of many investments. The return on investment aims to directly evaluate the amount of profit made on any given investment in relation to its cost. In this post, we’re looking at three cryptocurrencies that are likely to give you a high ROI, Uniswap (UNI), Binance Coin (BNB) and Chronoly (CRNO).
Uniswap (UNI) shows its benefits
Just under four years after launching V1, Uniswap has established itself as the world's foremost decentralized crypto trading platform. Uniswap still considers being just at the beginning. Uniswap is confident in its ability to compete with the likes of Binance and Coinbase. In contrast to the other two platforms, Uniswap relies on decentralized protocols, which provides it more flexibility and freedom than the other two.
For the same reason that using private keys would boost the cost of user transactions in central systems, using Uniswap is a less expensive alternative. As a result, large-scale trading can be done at a lower cost because of the decentralized platform's advantages. A centralized system's danger of asset loss is non-existent as well.
Binance Coin (BNB) has a new path ahead
BNB Chain (BNB) has released a new technological roadmap, with the goal of making the network quicker and more decentralized by 2022. Months after Binance Chain and Binance Smart Chain united to become the BNB Chain where the announcement was made at the BNB Chain Revelation Summit.
With the deployment of BEP-131, the network will witness increasing decentralization, according to the roadmap. The BNB Smart Chain's increased number of validators is expected to improve security and stability. The BNB Beacon Chain will also open-source the Binance decentralized exchange (DEX) by the second quarter of this year to promote transparency and multi-chain cooperation, according to the document.
"Developers can expect to obtain access to the DEX matching engine code, which will be available for free use and development."
Users can also expect faster transaction speeds thanks to features that the BEP-126 will deploy by the third quarter of this year.
Chronoly (CRNO) going places
Chronoly (CRNO) provides crypto investors with an investment alternative that can survive the market's volatility while also providing a solution that has always plagued the luxury watch market. The NFTs Chronoly (CRNO) offers are backed by real-life watches. Since NFTs can be purchased in fractional amounts from as little as $10, investors can diversify their portfolios by acquiring fractions of different rare and exclusive timepieces.
Counterfeits have always been a serious problem in the luxury watch industry, costing investors millions of dollars. Chronoly's BlockChain technology avoids such problems by requiring all of its timepieces to be authenticated by a third-party expert. They also cross-reference the watches with lost and stolen records from around the world and locally. Chronoly (CRNO) is one of the most popular cryptos now selling for under $1.
Prices have already increased drastically only being in the presale phase. The price per CRNO has gone from $0.01 to $0.04 in less than three weeks and analysts worldwide are predicting a further increase of over 1,000% before the end of the presale on July the 27th. This is a real gem not to be missed, reporters who have covered and studied hundreds of different crypto projects see this placing near the very top.
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