Top Crypto Gems to Add to Your Portfolio – Ethereum (ETH), Chainlink (LINK) and Keninah Concord (KEN)
The cryptocurrency market is an area of constant development. You need to stay up to date with information to get the most out of it. This piece will reveal crypto tokens that could potentially be part of any trader’s portfolio – Ethereum (ETH), Chainlink (LINK) and Keninah Concord (KEN).
Everything You Need to Know About Ethereum (ETH)
Ethereum is the second most popular and largest cryptocurrency in the world after Bitcoin. It was launched in 2015 by Vitalik Buterin and his team of co-founders. Ethereum gained its place in the cryptocurrency market by giving its users the capacity to run decentralized operations.
Ethereum is the pioneer of smart contract driven transactions. Unlike Bitcoin, Ethereum was designed to be more than just a means of payment or store of value. Ethereum is designed to be a decentralized computer network that relies on blockchain technology to run its operations.
The Ethereum network has grown so large today that you can find thousands of games, financial apps, and other applications built on Ethereum. Its blockchain is so reliable that you will find other cryptocurrencies running on it. Most of the new DeFi (Decentralised Finance) projects base their infrastructure on the functionality of Ethereum. Its original token, ETH, is widely accepted as a means of payment and is also considered a reliable store of value.
How does Chainlink (LINK) stand out in the crypto market?
It is important to note that Ethereum is not the only cryptocurrency that has introduced a new application to the crypto market. Chainlink is another cryptocurrency that stands out from the competition. So, what is unique about Chainlink? Chainlink was designed to connect blockchain and non-blockchain elements. Until now, it was impossible for blockchain and non-blockchain entities to communicate. But Chainlink will serve as a bridge to connect real data to smart contracts on Ethereum and other networks.
Chainlink has wasted no time in rising to the top of the cryptocurrency market because they have established solid partnerships with many well-known brands and digital companies, including Google Cloud and AWS (Amazon Web Services).
With Chainlink, there will be endless ways to use the blockchain. It will be possible to connect almost anything, such as weather forecasts, to the blockchain. Chainlink can connect real data and blockchain services using oracles. These oracles gather real-world data and transform it into a language easy to understand for the blockchain. Chainlink runs on decentralized oracles, and no single person controls these transactions.
How will Keninah Concord (KEN) help the world?
Keninah Concord is a new cryptocurrency, but there are clear indications that it will leave its mark on the market. Why? Because of its impressive range of applications. There has never been any cryptocurrency that has done what Keninah Concord is about to bring to the current space.
The developers of this new project have identified many people who suffer from a lack of resources during periods of crisis, such as war or natural disasters. That is why they have designed a blockchain-based answer to this problem. With Keninah Concord, it is now possible for victims to have uninterrupted access to financial assistance in emergency situations.
Keninah Concord is designed as a donation protocol to ensure that victims of emergency have access to financial assistance and continue their fight for survival. This cryptocurrency will allow these funds to be transferred quickly and at a low cost. Binance Smart Chain powers Keninah Concord. Therefore, you can be sure of the effectiveness of this platform.
KEN is the native token of this platform and can be purchased at a discount offer during the pre-sale. Crypto users who make a purchase deposit in BTC will receive an 11% bonus, while those who deposit in SOL will receive 12%. You can learn more about this new project on this official website.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent Bitcoinists. Bitcoinist does not guarantee the accuracy or timeliness of the information available in such content. Do your research and invest at your own risk.
