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CashFi (CFI) is proving to be the Next Cryptocurrency to explode alongside Avalanche (AVAX)

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Business | June 17, 2022 11:55:06 AM IST
New Delhi [India], June 17 (ANI/ATK): Buying low and selling high has been many investors' common technique in the crypto world.

Presales usually give people the opportunity to invest in a new currency at the beginning before it hits the market and becomes available to the general public.

It is a known fact that typically, coins will only grow throughout the presale phase making them a great investment opportunity. Keep reading to find out which coin has had an incredible presale journey, which upcoming coin to consider and where the established ones stand.

Is CashFi (CFI) the Way Forward?

Proving to be a breath of breath air in the crypto market, CashFi (CFI) is the new generation of liquid staking. It's being designed to be an ecosystem for NFT, synthetic asset services and top-tier liquid staking providing access to a wide array of possibilities. Currently, in its presale phase until September 26, 2022, the token offers organised trade, trust establishments and reduced legalities for a user-friendly experience. With the success of its presale, it is believed to be the next cryptocurrency to explode. To create a cross-chain NFT marketplace, CFI NFTs will be integrated into CashFi's ecosystem framework.

The platform also gives you the ability to open your own NFT marketplace via CashFi while facilitating your NFT auctions.

There is a fixed supply of 200 million CFI assets establishing transparency and accountability in the way assets are released though only 60 million CFI tokens will be offered for the sale. The platform supports the ERC-20 token standard.

Is Avalanche (AVAX) Still the "Ethereum Killer"?

Although it was hit badly by the recent cryptocurrency crash, Avalanche (AVAX) has recently launched further Chainlink services on its network, showing remarkable resilience to market volatility. The Avalanche Foundation focuses on accelerating the adoption and growth of its novel Subnets and the premiere scaling solution for Web3 dApps.

The platform claims to be the fastest smart contract platform in the blockchain industry as measured by time-to-finality. The platform allows you to scale to millions of validators with minimal hardware. You get the choice to stake or lock up your AVAX to help process transactions and further secure the platform. Currently being in the top 20 cryptocurrencies on market capitalization, Avalanche confirms transactions instantly and processes thousands of transactions per second. It gives investors the chance to deploy blockchains that fit their own application needs.

It is believed to have nearly the same amount of daily transactions as Ethereum (ETH), providing more opportunities to cash out investments with many calling the coin the "Ethereum Killer".

Where is Filecoin (FIL) After Its Presale Boom?

Designed to store humanity's most important information, Filecoin (FIL) is a decentralised peer-to-peer storage network founded in 2014. Known to have had one of the most successful presales in cryptocurrency history, the platform allows anyone to participate as a storage provider and monetise their open hard drive space.

Essentially you can retrieve, host or store digital data making cloud storage a commodity while also having the opportunity to sell your data over the network.

Unlike other cryptocurrencies on the market, FIL uses the Proof-of-replication and Proof-of-spacetime in its network for a safe place to trade tokens and other assets. The platform promotes free marketplaces letting users store their data for low pricing. By storing data for clients and computing cryptographic proofs to verify storage across time, storage providers can earn Filecoin (FIL).

CashFi (CFI) is the native token of the cryptocurrency and can be used as a payment option for network services. Experts believe it has the potential to be the next cryptocurrency to explode.

Find out more about CashFi (CFI) presale:

Presale: https://enter.cashfi.finance/register

Website: https://cashfi.finance/

Telegram: https://t.me/CashFi_Token

Twitter: https://twitter.com/CashFi_Token

This story is provided by ATK. ANI will not be responsible in any way for the content of this article. (ANI/ATK)

 
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