Cryptocurrency Is Up 18% – Could Ethereum (ETH), Binance (BNB) and Logarithmic Finance (LOG) Make You Money?

However in the past month the global market cap has increased by just over 18%. This will not be a surprise to many as the popularity of crypto continues to increase and there are more wallet holders every single day.

Ethereum (ETH), Binance (BNB) and Logarithmic Finance (LOG) will be excited to watch the continuous rise of the global market cap as their cryptocurrencies are purchased. The more people purchasing a cryptocurrency the more funding developers have to complete the projects on their roadmap.

Logarithmic Finance (LOG)

Logarithmic Finance (LOG) is currently in its presale stage of release and can be purchased at approximately $0.002 per token. Once the presale is finished the price could be much higher if more people continue to buy in before release.

Logarithmic Finance (LOG) is a swapping protocol that operates on layer- 3 protocol. The overarching goal is to provide a connection innovators and investors. This decentralised finance fundraising operation for projects will be enable across different blockchains.

The swap also has a roadmap establishing what they would like to accomplish in the future, giving potential buyers an understanding of their goals. Some of the Logarithimic Finance (LOG) goals include:

• Integrating a cross-swap system
• Launching Governance
• Intergrating stablecoin swap
• Launching a mobile compatible swap

This is only some of the things they hope to accomplish the rest can be found on their roadmap.

Another presale opportunity for those looking to diversify their portfolio could be Explora Chain (EXPL).

Explora Chain (EXPL) is a long term platform that will earn its users a passive income by staking the cryptocurrency. In addition to this the roadmap includes play to earn games and even an NFT marketplace. EXPL presale began recently so is still trading at a low price.

Ethereum (ETH)

Ethereum (ETH) has demonstrated its market dominance time and time again as the second largest cryptocurrency on the market, only losing out to the market leader Bitcoin (BTC).

Ethereum (ETH) has received some criticisms for its slow and expensive blockchain. However, it is important to note that this is because it is one of the most popular blockchains and becomes congested.

Ethereum (ETH) have plans to improve their blockchain through their upgrades. The blockchain is changing mechanisms from the unfavourable proof of work (PoW), to the increasingly popular and green proof of stake (PoS).

This infrastructure merge is predicted to happen at some point during the summer but only time will tell. If the developers require more time to ensure it goes off without an issue, it may be worth pushing the deadline further back.

Binance (BNB)

Binance (BNB) is the native cryptocurrency for the largest cryptocurrency exchange in existence. The cryptocurrency can be used for paying fees, to purchase travel tickets form participating companies, and even donate to charity.

Binance (BNB) recently increased their international reach by making an agreement that allows them to act as a broker-dealer in Abu Dhabi for virtual assets. This signifies that the country is going to take steps towards regularting and using cryptocurrency across the country. Binance (BNB) will benefit from thie greatly as their exchange will be available for many more people.

Binance (BNB) will continue to benefit from the increasing interest across the globe, demonstrated by the increasing global market cap, as more cryptocurrencies will join their exchange. If Binance (BNB) can maintain their position as the top exchange available to crypto users, then their uses should increase and the value of their native token should increase.

To find out more, see below:

https://logarithmic.finance/

To find out more, see below:

https://explorachain.io/