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GroveToken: Digital Currency Powering Healthier Planet The GroveToken protocol has a number of innovative products and services that are designed to return maximal value to all of its users.The GroveToken protocol has a number of innovative products and services that are designed to return maximal value to all of its users.Tether CTO Paolo Ardoino called…

GroveToken: Digital Currency Powering Healthier Planet The GroveToken protocol has a number of innovative products and services that are designed to return maximal value to all of its users.The GroveToken protocol has a number of innovative products and services that are designed to return maximal value to all of its users.Tether CTO Paolo Ardoino called the minting of the new stablecoins as part of replenishing its inventory.According to the Binance Launchpad schedule for the Open Campus (EDU) token sale, there will be a total of 4 stages involved in the event.SG-Forge CEO stated that the EUR CoinVertible smart contract was audited by the professional services network PwC before launch.The new spot trading feature will have zero maker and taker fees, meaning there will be no margin for the exchange.VC giant Andreessen Horowitz noted that more systems will help in offering more robust decentralization for the Optimism platform.The ECB is set to decide in October whether to continue its CBDC research with a “realization phase.” Despite the mixed reactions from critics and enthusiasts, the successful sales of Trump’s NFT Trading Cards show that there’s still significant interest in NFTs.

Dogecoin price was up approximately 7.1 percent in the past week despite a drawback of about 4.2 percent in the past 24 hours.The $MC token is expected to be used for gas fees and network validation on the Beam subnet.Since the inception of bitcoin in 2009, thousands more have sprung up with each of them having their distinctiveness.Bitcoin is often referred to as the king of cryptocurrency each of the other thousands of cryptocurrencies falls under the class of altcoins; be it Ethereum (ETH) , Bitcoin Cash (BCH) , Ripple (XRP) , Litecoin (LTC) , Monero (XMR) , EOS (EOS) , TRON (TRX) , etc.

All altcoins have their uniqueness in the sense of how they are mined, their nature (whether or centralized or decentralized), underlying technology, speed of transaction, coin distribution mechanism, etc.Although bitcoin is always used as the yardstick when analyzing an altcoin, some altcoins outshine bitcoin in certain specs.Several altcoins are developed on Bitcoin’s framework.

Altcoins are sub-divided into three categories namely; stablecoins, utility tokens, and security tokens.

For example, stablecoins such as Tether (USDT) , Binance Coin (BNB) , Gemini USD (GUSD), USD Coin (USDC) , etc.are known to be less volatile than Bitcoin because they are pegged to fiat currencies.

However, some altcoins fall under more than one of these categories.You will find more information in altcoin news category.

Altcoins are getting thumbs up from different quarters for playing a significant role in the expansion of boundaries of blockchain adoption and applications.For example, Ethereum is known for its robust blockchain that enables faster transaction time as well as the creation of decentralized applications (dApps).At the time of launch, most altcoins sell themselves as better alternatives to existing ones and usually attempt to improve on the setbacks of known altcoins.According to CoinMarketCap, there are over five thousand digital currencies in April 2020 although BTC has a staggering 64% dominance in the crypto market.

As a crypto investor and enthusiast, stay tuned to coinspeaker.com to get the latest altcoins news around the world to keep you updated and geared up in the crypto space ..

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