Breaking News
Investing Pro 0
NEW! Get Actionable Insights with InvestingPro+ Try 7 Days Free

Can Logarithmic Finance (LOG) Stake Up With Ethereum (Eth) In The Cryptocurrency Market?

Cryptocurrency Jun 26, 2022 10:00AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
Can Logarithmic Finance (LOG) Stake Up With Ethereum (Eth) In The Cryptocurrency Market?
 
ETH/USD
+2.84%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

As Logarithmic Finance (LOG) has been introduced to the cryptocurrency market, it has become the new talking point alongside Ethereum (ETH). Logarithmic Finance (LOG) is the new layer-3 switching protocol that aims to link investors and developers smoothly and efficiently. The White Paper of Logarithmic Finance (LOG) asserts that its blueprint visualises the future modifications that will be integrated into the system to offer investors and innovators the wonders of DeFi, which they deserve in the cryptocurrency market.

With all the present benefits of the LOG network, it aims for blockchain variety that will create a cross-chain and multi-chain ecosystem with an opportunity to generate finance across all blockchain networks. In this article, we shall review the possibilities presented by Logarithmic Finance (LOG) to stake up with the already stable Ethereum (ETH) in the cryptocurrency market.

Logarithmic Finance (LOG)

Logarithmic Finance (LOG) is a new cryptocurrency. It started with a low price like other cryptocurrencies, but the more people who purchase the crypto, the higher the price will rise. It is a swapping program operating on a layer-3 theory that aims to render a connection between investors and innovators. The Decentralized Finance (DeFi) fundraising operation for coins will be permitted across several blockchains. Another goal of the LOG network is to integrate a cross-swap system, a stable coin swap, launch governance, and launch a mobile compatible exchange.

This new cryptocurrency, Logarithmic Finance (LOG), is driving to promote the innovators and investors to get their funds for the NFTs in return for the cryptocurrencies and stable coins. The LOG network technology has been tested and proven. The team is experienced in cryptocurrency and business, which could make it stake up with Ethereum (ETH) in the cryptocurrency market.

Ethereum (ETH)

Ethereum (ETH) has already established its market dominance. It is the second-largest cryptocurrency in the cryptocurrency market. The cryptocurrency has been criticized for its expensive and slow blockchain. But you should know that it’s because it is one of the most popular blockchains so that the network can become congested. The Ethereum (ETH) developers are now working on upgrading Ethereum (ETH) from the current Proof of Work (PoW) protocol to the new and environmentally friendly Proof of Stake (PoS) protocol. With the increased interest worldwide, Ethereum (ETH) users will keep benefiting from rewards. This is evident from the rising global market cap since more cryptocurrencies will join the exchange. The shift will make the Ethereum (ETH) network much more productive and economical to use in the cryptocurrency market.

Conclusion

The cryptocurrency market is volatile, and many experts agree that getting in early with a good idea is a decent technique. Prices can rise during the presale period of the release. It is expected that Logarithmic Finance (LOG) could be a dependable currency in the cryptocurrency market. It could be the cryptocurrency that might make investors very rich, and could become one of the top coins in the cryptocurrency market alongside another cryptocurrency. LOG token could be an excellent choice for cryptocurrency experts and beginners. It will provide several benefits to the users. As it progresses through the roadmap, Logarithmic Finance will offer many DeFi options, enabling it to be a good coin that could be able to stake up with the Ethereum (ETH) for a long time in the cryptocurrency market.

For more information on Logarithmic Finance check out their Website or Telegram. You can find more about the presale here.

Continue reading on DailyCoin

Can Logarithmic Finance (LOG) Stake Up With Ethereum (Eth) In The Cryptocurrency Market?
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email