(Pocket-lint) – Disclosure: The owners of this content may be paid to recommend cryptocurrencies. The content on this page, including any positive views of Pacman Frog, Solana or Hedera may not be neutral or independent. This article does not constitute financial advice. You should only invest what you can afford to lose.
The world of cryptocurrencies has a lot to admire, as it gives people the opportunity to gain more control over their financial lives while potentially earning millions of dollars. Even if you aren’t convinced that cryptocurrencies are worth investing in, you can’t ignore the ever-expanding investor community.
Those willing to invest in cryptocurrencies are always looking for better opportunities. Investors are usually confused about whether to invest in a stable or newer cryptocurrency with less stability. Well, each has its pros and cons. In this article, we’ll provide you with three great options to invest your hard-earned money, Pacman Frog (PAC), Solana (SOL), and Hedera (HBAR).
Pacman Frog (PAC)
With its recent presale, Pacman Frog (PAC) has received a lot of attention from potential investors, and more people will join as the crypto space continues to expand. It has a dedicated team studying the latest academia, combined with observations in the financial markets. They developed a strategy using proven methods, which led to its development. Due to the nature of Pacman Frog (PAC) as a DAO, developing a strong community is one of the main goals of cryptocurrencies. DAO is a decentralised autonomous organisation that, as it grows, gathers to make decisions for the benefit of cryptocurrencies.
Thanks to various smart contracts and infrastructure built on the blockchain, this cryptocurrency uses the SOL ecosystem to be fully decentralised, fast, and affordable. It is also extremely intuitive, which provides users with an excellent trading experience. It is unique in speed when it comes to efficiency. It boasts 65,000 transactions per second, unlike Ethereum’s (ETH) 30 Transactions per second. Therefore, cryptocurrency experts believe it could be useful for a new generation of transactions.
In addition, it aims to grow a decentralised community by providing various services in an ever-changing environment. It aims to build a community-run company focused on NFTs and Game Finance (GameFi). The purpose of the network is to make people worldwide aware of the various difficulties that blockchain and cryptocurrencies can easily resolve.
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Solana (SOL) is one of the next largest blockchain candidates, promoting faster and lower transaction costs at the expense of centralization than blockchains like Ethereum (ETH). Its advanced technology protects the blockchain from bottlenecks and severe delays. However, it faces the problem of malicious hackers that cause problems within the network.
Solana (SOL) uses its Proof of History model and the more popular and widespread Proof of Stake. The combination of these models produces a very fast network. It is ideal for the crypto gaming industry due to its high transaction volume and speed. Alternative blockchains are usually expensive and slow, which will not attract many people. As of now, it has a market capitalization of more than $32 billion, which makes it the 6th largest cryptocurrency in the world.
Hedera (HBAR) demonstrates that its unique technology can handle many transactions simultaneously. It is evident from the impressive 6.5 million transactions per day, with an average speed of 0.5 seconds per transaction. It is a mass payment system that has the potential to be a serious competitor to major market leaders such as Visa. It is achieved by the continued adoption of cryptocurrencies around the world.
Hedera (HBAR) introduced the technology called Hashgraph, and this technology makes Hedera better than many other blockchain alternatives. With Hashgraph, it is better in scalability, cost and speed. Its transactions have an average fee of just $0.0001 and normally reach in five seconds. Hedera claims that its system can handle more than 1000 transactions per second, better than most systems. With a market capitalization of more than $3 billion, it is currently ranked as the 35th cryptocurrency globally.
Read More: 3 Cryptocurrencies to put on your watchlist – PAC, SOL and HBAR