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Cryptocurrency News Articles
BinoFi Captures the Attention of Cardano (ADA) and Avalanche (AVAX) Holders as Its Presale Sells Millions of Tokens
Mar 07, 2025 at 06:04 am
The cryptomarket has faced severe headwinds since the year began. The looming uncertainty in Trump's economic policies have driven investors away from riskier investment vehicles such as cryptocurrencies causing massive outflows from the industry.
The crypto market has faced severe headwinds since the year began. Looming uncertainty in Trump’s economic policies have driven investors away from riskier investment vehicles such as cryptocurrencies, causing massive outflows from the industry.
Crypto projects such as Cardano and Avalanche have sunk amid the crypto meltdown, drawing investors to a low market cap crypto project that is currently in its early development stages.
What is Cardano (ADA)?
Cardano is a proof-of-stake smart contracting platform that was developed to provide Web3 users with a faster, more scalable, and more secure alternative to Bitcoin and Ethereum. The crypto project has a market cap of 33 billion and ranks 8th in CoinMarketCap’s list of top crypto projects by market cap. Cardano’s native digital asset ADA is also the ecosystem’s governance token. The project was engineered by Charles Hoskingson, who also co-founded Ethereum.
What is Avalanche?
Avalanche is a multi-chain smart contracting platform that was designed to launch decentralized apps (dApps). The project is also an Ethereum rival, and its native cryptocurrency token, AVAX, is the native token of the Avalanche blockchain. The project was unveiled in 2020, presenting a faster, cheaper, and more accessible blockchain than Ethereum and Bitcoin. So far, the project has grown to a market capitalization of $8.4 billion.
Cardano and Avalanche have the potential to grow. However, their recent performances have drawn investors to a new utility crypto protocol with the potential to outperform ADA and AVAX in 2025.
Cardano and Avalanche holders shift to BINO
Cardano and Avalanche investors have shifted their focus to BinoFi as the best investment alternative among the three crypto projects. BINO is the native cryptocurrency in the BinoFi ecosystem, which is powered by a hybrid exchange that leverages the merits of both centralized and decentralized exchanges.
The project’s utility involves the integration of new and emerging technology to the DeFi ecology. For instance, BinoFi’s roadmap details that the team is developing its own core trading engine to facilitate a high performance off-chain order matching system paired with on-chain settlement.
The developers also intend to expand the ecosystem with cross chain functionality. The feature will allow traders and investors to execute advanced order types and automated trading activities. The ecosystem will also support cross-chain trading through its cross chain trading protocol. The protocol will power native atomic swaps, which will eliminate the need for wrapped tokens or risky third party bridges.
BinoFi commits to transparency through its on-chain proof of reserves
One of BinoFi’s objectives is to enhance full transparency for DeFi users. The ecosystem’s real-time proof of reserves will be verified through public audit trails for all on-chain transactions. The BinoFi team also plans to use Merkle Tree Proofs, where users can cryptographically verify exchange solvency.
The BinoFi exchange protocol will integrate with Layer 2 scaling solutions such as Optimism, Arbitrum, and zkSync. These L2 solutions will facilitate cheaper and faster transactions and create suitable trading conditions for both retail and institutional investors. The ecosystem also leverages Rollups for efficient batch processing and low-latency order execution.
BinoFi’s presale has just begun, and investors can buy BINO tokens at discounted prices. BinoFi is running its first presale phase, allowing investors to grab each BINO token for $0.020, and in less than a day it has already sold millions of tokens, quickly catching the attention of both newcomers and seasoned crypto investors.
The team plans to distribute 860 million tokens by the end of the presale, and with BinoFi’s listing price established at $0.30, presale participants are prepared for more than 1200% in profits as soon as the token goes public.
Experts believe buying BINO tokens now is like buying BItcoin in 2009, especially as the exchange grows and attracts a bigger market share from its competitors.
Learn more about BinoFi:
Website: https://binofi.com
Whitepaper: https://whitepaper.binofi.com
Telegram: https://t.me/binofilabs
Twitter: https://x.com/Binoficom
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- ZacroTribe (ZACRO) Is Positioning Itself as the Next Big Thing in the Decentralized Financial Insights Space
- Mar 09, 2025 at 08:50 am
- The crypto market is constantly changing with new developments arise to rival traditional financial infrastructure. As top players like Solana (SOL) and XRP grab headlines, a lesser-known low-cap coin, ZacroTribe is positioning itself as the next big thing in the decentralized financial insights space.
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