Crypto World suffers another major setback with the closure of Signature Bank which is a prominent lender to a number of cryptocurrency companies as customers. While a lot of coins are badly affected by the bearish market, Cardano (ADA) and Neutrino (NSBT) make it to the biggest gainers this week. The new coin Dogetti (DETI) launches a new Promo Code DON50 to make its presale soar higher.
Cardano (ADA) Coins Reach An All Time High of 341 Million
Cardano (ADA) is a blockchain platform that uses a proof-of-stake consensus algorithm to secure its network and supports the development of decentralised applications (dApps). At the same time it allows users to participate in the network’s operation and earn rewards for doing so.
Cardano, much like Bitcoin, has given signs of southbound momentum after the recent market upheaval. The whales seem to be purchasing ADA aggressively making it one of the biggest gainers this week. The value of ADA coins held within the Cardano Blockchain reportedly reached an all-time high of 341 Million.
Cardano is designed to be scalable, with the ability to process a large number of transactions per second through its layered architecture. It supports interoperability with other blockchain platforms and networks, allowing for the transfer of assets and data between different systems.
Cardano supports the development of smart contracts and dApps, with a focus on security and scalability. The expansion of smart contracts with the number of Plutus scripts touching the 6000 mark is a significant operation on the network. The blockchain transactions have surpassed the 61.4 million mark.
Neutrino’s Advanced Privacy Features
Neutrino token (NSBT) is a cryptocurrency project that aims to provide a stablecoin platform that is decentralised and backed by a basket of assets. The Neutrino protocol uses a combination of algorithms and smart contracts to maintain the price stability of its tokens. The Neutrino blockchain is secured by a proof-of-work consensus algorithm, which ensures that the network is resistant to attacks and fraud. NSBT is currently trading at $4.35 at the time of writing this article.
In addition to its governance functions, NSBT is also used to incentivise users to contribute to the Neutrino Protocol by staking the token in liquidity pools, which earns them a portion of the fees generated by stablecoin issuance and trading on the platform. NSBT can also be used as collateral for stablecoin issuance and for trading on decentralised exchanges
Neutrino is a privacy-focused cryptocurrency that was developed to enable private, secure, and anonymous transactions. It uses advanced privacy features such as ring signatures, stealth addresses, and confidential transactions to ensure that the identity of the sender, receiver, and transaction amount are hidden from prying eyes.
Dogetti Audited By Solidproof
Dogetti (DETI) is a revolutionary meme token that wants to achieve the TOP DOGE position in the meme coin arena. It plans to foster a close knit community, the Dogetti Family that has a strong sense of camaraderie and shared purpose among the members.
Dogetti keeps security as its number one priority and therefore has been audited by Solidproof. An audited smart contract shows that it is safe and the investors can feel more at ease while purchasing DETI tokens.
The Audit brings forth the dedication of the Dogetti team for creating a sustainable and long term project that will bring value to its members. While the Family is at the core of the project, Dogetti has launched a promo code DON50 that offers 50% additional tokens on every purchase. This is even better than the previous code that rewarded new users with 25% extra tokens. DON50 makes it the best time to buy your DETI tokens.
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