Many people build financial wealth without inheritance or privileges. Investors are aware that cryptocurrencies can help make their financial journey a success. Increasing interest in cryptocurrencies means that the market will improve, and develop when the value of more digital currencies is likely to increase. Through investing in cryptocurrencies, many people have become millionaires in the last decade, and more and more people continue to do so. Cryptocurrency completely redefines the concept of investment; before that, building a fortune required a lot of time, which is not the case with cryptocurrencies. Due to its volatile behaviour, a crypto coin’s market value may increase or decrease up to a whopping 30% in a single day.
While there is ongoing innovation in the crypto industry, scalability has become one of the most pressing issues for crypto initiatives. Quitriam Finance (QTM), Polygon (MATIC), and Avalanche (AVAX) are the cryptocurrencies, that deal with this issue quite effectively. Polygon (MATIC) and Avalanche (AVAX) are stable cryptocurrencies, and they are ranked amongst the top 50 cryptocurrencies in the world. Let’s explore all these cryptocurrencies, as they have the potential to help you become a millionaire.
Quitriam Finance (QTM):
Quitriam Finance (QTM) is an innovative decentralized multi-chain AMM, incubator, yield farming, and NFT startup. A local, decentralized exchange managed by the community. Decentralized finance (DеFi) is a fast-growing trend in the financial sector. It takes the old traditional finance and turns them into credible ones, through smart contracts and tоkеnѕ. In Dесеmbеr 2019, DеFi есоѕуѕtеm’s financial projects boasted $700 million worth of digital assets. Recently, that number exceeded $ 3.6 billion.
It is the first base decentralized exchange for conducting decentralized transactions. In short, it allows users to trade safely and securely. Third-generation exchanges use advanced machine learning and neural network algorithms, to solve the problems faced by centralised and extended exchanges and unreliable exchanges in today’s exchanges. As a multi-chain network, it helps users, and DEX allows users to earn tokens for over 50,000 transactions at less than $0.00001 per transaction, enabling fast transactions which is very appealing to potential investors.
Polygon (MATIC) is a Layer 2 scaling solution for the Ethereum (ETH) infrastructure development. As one of the fastest and most widely used Ethereum scaling protocols, it aims to create a multi-chain ecosystem of Ethereum compatible blockchains, by providing developers with an easy-to-use framework.
The network benefits greatly from its fast-growing environment. While maintaining the security, interoperability, and structural benefits of the Ethereum blockchain, the Polygon (MATIC) platform can increase the flexibility, scalability, and independence of blockchain projects. MATIC tokens continue to play an important role in system security and governance.
Polygon (MATIC) recently announced its intention to become a carbon-neutral platform by this year. The network has promised $ 20 million to offset carbon dioxide emissions. This strategy is believed to help in its development, with a market capitalization of more than $10 billion, it is ranked as the 17th largest cryptocurrency in the world. It is quite a stable cryptocurrency, and the price of its token is currently $1.28.
Avalanche (AVAX) is compatible with the most commonly used dApp development software while providing excellent performance and scalability. With its smart contract-enabled applications it has the potential to outperform its competitors. It is an open-source Proof of Stake (PoS) blockchain, that anyone can observe and contribute to. By voting, its community may also help keep transaction fees low. The competitive advantage of the Avalanche (AVAX) platform, is its high transaction speed and its focus on scalability. It has become a leader in the cryptocurrency industry by providing near-instantaneous transaction completion. Its market capitalization is more than $19 billion, and it is currently ranked as the 11th largest cryptocurrency in the world.
Investors looking for the next cryptocurrency that will be a big contender on the market should consider Quitiriam Finance (QTM) with its impressive roadmap it has a lot of potential and could follow leading cryptocurrencies Polygon (MATIC) and Avalanche (AVAX) as the next millionaire making platform.