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The Hong Kong government has stated to assure its citizens that its stance on cryptocurrency is considerably different from Mainland China’s. The People’s Republic of China has imposed a ban on cryptocurrency. On the other hand, Hong Kong is exploring the option of enabling retail investors to infuse funds into digital assets.
It is no surprise that Hong Kong is looking to embrace cryptocurrency in some form; they are just the latest example of how countries worldwide are accepting digital assets. A few weeks ago, the United States government announced plans to formally introduce the Responsible Development of Digital Assets framework.
The order is meant to safeguard traders and encourage innovation. The adoption of cryptocurrency by governments worldwide shows that digital assets aren’t going anywhere. If you share that opinion, here are three tokens worth exploring:
Ripple (XRP) – Great Prospects After Court Case Finishes
- Rank: 6th
- Capitalization: $48 billion
- Price: $0.479
- Volume: $1.48 billion
One of the biggest platforms on the market, XRP or Ripple is a decentralized, open-source, and permissionless project that launched in 2021. There are several reasons why XRP Ledger (XRPL) has been a whopping success, such as its low-cost offering of just $0.0002 per transaction and high speeds, where each transaction is finalized within 3-5 seconds. The platform boasts enhanced scalability of 1,500 transactions per second and is environmentally focused since it is energy efficient and carbon neutral.
Additionally, XRPL is home to the first decentralized exchange (DEX) and provides custom tokenization. Last but not least, in the last decade, the XRP Ledger has garnered a reputation for being trustworthy, having settled more than 70 million ledgers.
Moreover, XRPL accommodates various applications and use cases, such as decentralized finance (DeFi), micropayments, and non-fungible tokens (NFTs). The platform is compatible with Python, Java, and JavaScript. The official website contains numerous tutorials on managing accounts, building applications, and coding languages.
Quant (QNT) – The Next Bull Run Could See It Explode
- Rank: 28th
- Capitalization: $3 billion
- Price: $206.2
- Volume: $426.2 million
Our second choice is Quant, released in 2018 to connect blockchains on a global scale without impacting the interoperability and efficiency of attached networks. QNT is the primary project to resolve interoperability issues by creating the first blockchain OS.
The operating system implements distributed ledger technology and Overledger Network to engage different blockchain networks reliably. Through Overledger, Quant successfully bridges the existent gap between blockchains.
Overledger Network is considered the platform’s spine, and the makers of QNT are hoping their technology will become a cornerstone in the future of the digital economy.
Big Eyes Coin (BIG) – Already Raised Over $9 Million In Presale
We alluded to decentralized finance earlier, and the topic is relevant to our next recommendation: Big Eyes Coin (BIG). The BIG project will allow users to move their assets into the DeFi ecosystem.
Token holders can utilize non-fungible tokens; NFTs will give them access to exclusive events and content. Big Eyes Coin is a community token, which means that it is focused on welfare. The charitable endeavor in this instance is the ocean.
Each time a user performs a transaction, a fixed percentage will be placed in a charity wallet and used for the oceans.
Tokenomics
Details of BIG’s token distribution are given below:
- 200 billion tokens
- 140 billion on a public presale
- 40 billion on exchange platforms
- 10 billion in a charity wallet
- 10 billion for marketing efforts
Whether it’s the USA, Hong Kong, or any other government, authorities have realized that cryptocurrency is the here and now. Integration in any form or size is welcomed by all parties. To buy BIG tokens, download MetaMask on your phone or laptop. Users can purchase Big Eyes Coin with Ethereum or with their cards.
Buy now with the code BEYES421 for a bonus of 5% BIG.
For more information on Big Eyes Coin (BIG), you can visit the following links:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.