Blockchain-based cryptocurrencies have enabled many people to have more control over their assets. The days when bankers and asset managers were managing people’s funds are past us with the crypto market giving people a chance to gain huge returns. CashFi news…
Although the market has taken a hit this past month, it has proven to be resilient with almost every cryptocurrency bouncing back by an average of 10%, proving that buying the dip has been a successful move for many.
Is CashFi’s (CFI) Liquid Staking The Way Forward?
CashFi (CFI) is the new kid on the block of decentralised tokens that everyone has been waiting for. CFI is an integrated platform which aims to provide users with liquid staking, synthetic asset tools, and high-quality NFTs. Its special fee-sharing structure makes the coin ever so much more unique presenting future investors with potential high returns.
CFI Stake will allow users to protect their Proof-of-stake (POS) by providing 1:1 pegged ERC-20 liquid staking representation tokens on Ethereum (ETH), unlocking liquidity for staked assets.
NFTs will be integrated into the ecosystem to create cross-chain NFT marketplaces allowing artists and individuals to mint NFTs at a small cost.
The coin is set to launch on September 26, 2022, with various currencies such as Ethereum (ETH), Ripple (XRP), Bitcoin (BTC) and many more to be accepted.
Buy The Dip Meme: Dogecoin (DOGE)
Created as a joke for crypto fanatics back in 2013 by Jackson Palmer and Billy Marcus, Dogecoin (DOGE), also known as one of the most popular meme coins, is an open-source peer-to-peer digital currency. The name derives from the Japanese breed dog which became a popular meme on the internet. The coin is supported by and raises capital through its amazing and vibrant community.
The coin saw an increase in its sales after Tesla’s CEO Elon Musk, tweeted that DOGE was one of his favourites cryptocurrencies placing it in the top five cryptos during mid-2021. It now remains among the top 20 cryptocurrencies by market capitalisation. Dogecoin runs on its own blockchain, using cryptography to keep all transactions secure. In order for the platform to process transactions and record them on the blockchain, Dogecoin uses a Proof-of-Work (PoW) mechanism.
Miners get rewarded for their work every day by the blockchain creating millions of new Dogecoins daily.
What Is Floki Inu (FLOKI)?
Floki Inu (FLOKI) is a decentralised platform aiming to give its investors control of their finances through four utility offerings. The Valhalla NFT Metaverse game which features A-level game mechanics including on-chain gaming interactions and upgradable NFTS is one of its utility offerings.
The platform also offers the FLOKI university, seeking to educate both new crypto investors and veterans, attempting to fill the crypto education gap. The chainlink integration solidifies FLOKI’s position as a movement token able to offer DeFi to its users. The FlokiPlaces NFT & merchandise marketplace is the last utility the platform offers, letting people trade NFTs and merchandise with crypto.
As it is a deflationary currency, its value is likely to increase over time as demand increases.
This could be the best time for you to buy into the dip meme world, with the market proving to be going strong and rising daily.
Find out more about CashFi by clicking on the link down below: