Ape Brigade: Best Long-term Crypto Project – The Cryptonomist
SPONSORED POST*
Considering all the various speculations in the crypto scene, Cardano (ADA), XRP (XRP), and Ape Brigade (APES) have emerged as the best long-term crypto investments that users and traders can consider in 2023 to reap extended gains and benefits.
Recently, the long-awaited launch of Hydra Head took place on the Cardano blockchains mainnet, presenting a scaling solution designed to expedite transactions. Optimistic members within the Cardano community speculate that this development could potentially enable the network to handle an impressive traffic of 1 million transactions per second (TPS), the potential to be the fastest TPS in the blockchain space.
Ape Brigade (APES) is an upcoming meme coin that is generating excitement in the cryptocurrency market. With a strong focus on animal welfare, particularly the conservation of apes and wildlife, Ape Brigade dedicates 10% of its token supply to support these efforts. Furthermore, the community stands to benefit from a locked liquidity pool of 20%, ensuring stability and liquidity for the token.
Additionally, an incentivized staking system allows users to earn rewards based on their APES holdings and staking duration, with 15% of the total supply reserved exclusively for staking rewards. Ape Brigade operates as an ERC20 token on the Ethereum blockchain, guaranteeing security, transparency, and accessibility for all.
The projects roadmap includes exciting plans such as the introduction of an NFT Space, which will play a vital role in their ecosystem. With a passionate community, a charitable mission, and advanced technology, Ape Brigade (APES) is poised to make a remarkable impact in the world of cryptocurrencies.
Cardano is a blockchain platform that aims to establish a secure and scalable foundation for decentralized applications and smart contracts. Its primary objective is to create a reliable infrastructure that enables the development of innovative and decentralized solutions.
The launch of Hydra Head follows a series of significant improvements to Cardano (ADA) throughout the year, with a notable focus on decentralized finance (DeFi). Addressing the narratives surrounding the release of L2 Hydra on the mainnet, Cardanos Technical Director, Matthias Benkort, offered his insights and clarified that the newly introduced scaling solution, Hydra, is presently incapable of handling 1 million TPS.
Each Hydra Head functions as a decentralized mini ledger shared among a small group of users. Besides facilitating faster transactions, this approach also helps reduce costs as well. Developers can utilize Hydra Heads on the Cardano blockchain to build intricate DeFi protocols, which enables the creation of advanced and sophisticated financial applications within the Cardano ecosystem.
XRP (XRP) is a digital asset and cryptocurrency that operates on the Ripple payment protocol. It is designed for fast and low-cost international money transfers and is utilized by banks and financial institutions for cross-border transactions. XRPs main goal is to facilitate efficient global money transfers and improve liquidity in the financial industry.
In conclusion, Cardanos recent denial of speculation regarding 1 million transactions per second (TPS) post Hydra Head deployment clarifies the current capabilities of the ADA network. While the launch of Hydra Head brings enhanced scalability to Cardano, it is important to refer to official sources for accurate information.
Meanwhile, if you are looking for the best long-term crypto investments in 2023, Cardano, XRP, and Ape Brigade (APES) stand out. Cardano continues to revolutionize DeFi with its advanced features and scalability, while XRP maintains its position as a reliable choice for seamless cross-border transactions. Ape Brigade (APES) captures attention with its passionate community, commitment to wildlife conservation, and advanced technology as it enters the market with promising potential.
Website: https://apebrigade.io/
Twitter: https://twitter.com/_ApeBrigade_
Telegram: https://t.me/ApeBrigadeOfficial
*This article was paid for Cryptonomist did not write the article or test the platform.
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Ape Brigade: Best Long-term Crypto Project - The Cryptonomist
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