MY FAVORITES CRYPTOCURRENCY AND TOKEN: The Fastest Cryptocurrency Blockchain in The World || 10% To Steem-Database community

in Steem Marketing2 years ago (edited)

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Hello everyone good day to you all, I want to believe your day is going perfectly fine and smooth. Please spare me part of your time as I introduce to you( i.e for some of you that may not have come across it) and enlighten you more about my favorite crypto and token SOLANA and how it has been of advantage to me thus far.

MY FAVORITE CRYPTO AND TOKEN?

I have been in the crypto world for over 4years now. As a newbie then i ignorantly use to follow trends and will always invest in what ever token I see people buying in the crypto space and hope for better turnouts and profit. But now that I have more knowledge about crypto and tokens, I can boldly admit that SOLANA is my favorite crypto token because despite the fact that i have made a lot of profit from it, solana is the fastest blockchain in the world and the fastest growing ecosystem. Being that for me -personally I hate delay and waste of time so I'll always prefer and choose fast blockchain like solana as my favorite crypto and token.

DESCRIPTION OF MY FAVORITE CRYPTO PROJECT AND TOKEN

Following what I've learnt about Solana so far, it is a public blockchain that supports smart contracts, NFTs (non-fungible tokens) and a variety of decentralized applications. Solana’s blockchain has native tokens like the SOL token which provides network security through staking as well as a means of transferring value.

WHY I AM INTERESTED IN THIS CRYPTO AND TOKEN?

I'm so much interested in this crypto and token because of it fastness ; it is one of the few protocol that can measure up to 1000 Transactions per seconds and as a matter of fact its speed can be as fast as 56000 i.e 10000 more faster than Bitcoin. And even with all it's features and prospects, it transactions fee are cheaper compared to Etherium and Bitcoin

MY FAVORITE CRYPTO AND TOKEN INVESTMENT OPPORTUNITY

As at around March 2021, I made my own research about Solana and decided to invest in it and before December that same year I made close to 800% profit ( I definitely took profits and had enough money for December chilling 😊, and since then till now I have made even more profit than loss trading it on futures trade. Another good investment opportunity I've benefited from is from staking SOL and receiving rewards, each staking reward is weighted by the number of tokens that are staked

WHAT MAKES MY FAVORITE CRYPTO AND TOKEN BETTER THAN OTHER CRYPTO AND TOKEN

First of all it has faster transactions per seconds making it faster than other cryptos that are even more popular than it, it has the fastest growing ecosystem and it also has cheap gas fee including when minting it's non-fungible tokens(NFTs)

SUGGESTIONS AND CRITICISM

It network issues sometimes are some of it's criticism because Around September 2021 I could clearly remember that the SOLANA network experienced a kind of shot down and was offline for more than 10hours, and honestly I was afraid my self that day but it later came back online. Solana too just like other altcoin could be risky too just like the dip we're all seeing now on the crypto space. But nevertheless Solana is still a very good crypto to invest in and I'll suggest it as a crypto token
with prospect to invest in. NFA😊.

In conclusion, it is true that crypto has come to stay and is gradually changing the world but making more research about token before venturing into it will help alot. Know what works for you most, DYOR.
This post is for educational purposes only and is not an invitation to invest. Investing in crypto and tokens carries a high level of risk. You must first consult a financial advisor
Thanks for reading through, see you @ the top💯
Cc,
@crypto-database
@ponpase

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 2 years ago 

Thank you for sharing an amazing post.

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Thank you Soo much sir @ponpase
I just posted the link to my achievement 1, shared my post on Twitter and have posted it on the comment box below. Thanks

Waw nice and informative post

Thanks @gidsbrown. But like I stated, it is always advisable to do your own research before venturing into any crypto. Thank you

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