SteemitCryptoAcademy week 7 Task/How to Invest in Cryptocurrencies Part 2.
Hello friends! Today I'll do the homework from @besticofinder professor post about How To Invest in Cryptocurrencies Part 2; in this opportunity I'll compare 2 Cryptocurrencies with a Coinmarktecap raking between 100 and 400 and all details about them and wich one would be the better invesgment.
** HORIZEN 116 vs 1inch 109 **
HORIZEN(ZEN)
Horizen(ZEN) is a cryptocurrency which is aimed at providing privacy. Currently Horizen(ZEN) is valued at $50.87. The main aim of the creators of ZEN is to promote crypto transactions, communicate with one another and also offer the user the possibility to chose to hide traces of transactions like transaction amount, detail of sender and details of the receiver. This a high level of privacy. The native crypto coin used on Horizen is ZEN which is rewarded to miners.
HORIZEN'S MARKET.
Horizen is an inclusive ecosystem where everyone is empowered and rewarded for their contributions. Horizen’s massively scalable platform enables businesses and developers to quickly and affordably create their own public or private blockchains utilizing the largest node network in the industry. Horizen’s Sidechain SDK provides all necessary components for easy and fast deployment of a fully customizable blockchain.
Socials on Horizen.
THE HORIZEN TEAM
Gilbert Verdian the Chief Executive Officer and other stakeholders has managed the fundraiser of HORIZEN and has raised up $11,000,000 amid competition from WAN, Polkadot and Cosmos among others.
1inch is another Defi platform. This platform offers liquidity and Auto market-making systems. This is different from other Defi because it works as a Dex aggregator so provide the best price for comparing Uniswap, Mooniswap, Balancer and OtherDexs. This platform work on the Ethereum network.
1inch ranked at 109 and Horizen ranked 116 at Coinmarketcap positions!
They getting popularity due to high rewards on providing liquidity, doing staking and farming. All those features bring Defi filed to another level. In Defi 1inch and Horizen are best comparators.
MARKET'S ON 1 inch
1INCH is a relatively new token that poses a higher risk than normal and as such may be subject to high price volatility. ..
Socials on 1inch.
Horizen and 1inch are different Defi platforms. Each one different from its use cases, network free and giving rewards too. On comparing both I go for ZEN is that it has a higher USD price value($52.87) as compared to other cryptos ranked between 100 to 200 range.The trade volume, market capitalization is a good indicator that the ZEN is promising and would be a good investment for the future.
Hope I finish my Homework Task, if any mistake I am learning and trying to do better everytime.
Thanks for reading my post.
Hello @mini80 ,
Your article is with plagiarism. Please submit only original work by you [0]
Thank you
Hello
Dear professor @besticofinder, I apologize, simply as a human error I did not place the source from where I got the information. I am new to the subject and I cannot master those terms and I am just learning everyday its not too easy but I am trying. Thanks for the observation.