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Promising cryptocurrencies to look at: Adirize DAO, Bitcoin, and Ripple

A passive income can make a difference in your life, making many people look at cryptocurrency nowadays.

Adirize DAO
Image courtesy Adirize DAO
Image courtesy Adirize DAO

This article is Sponsored Content written by a third-party for Adirize DAO

A passive income can make a difference in your life, making many people look at cryptocurrency nowadays. Blockchain technology and cryptocurrency are passive income options because of the way they can sometimes skyrocket overnight and make you a millionaire.

This is a rare scenario such as the one seen with Bitcoin (BTC) in 2009 but gains can still be made in 2022 with the right tokens. Adirize DAO (ADI), Bitcoin (BTC), and Ripple Token (XRP) are amongst the cryptocurrencies that could do this in 2022.

Adirize DAO (ADI)

Adirize DAO (ADI) is a decentralized and scalable blockchain made as a solution to stablecoins. Its ADI token is native to its ecosystem, and these Adirize DAO tokens (ADI) are free-floating reserve currency backed via a basket of assets.  This means Adirize DAO tokens (ADI) can maintain their buying power without relying on market volatility.

The Adirize DAO token (ADI) is a semi-centralized stablecoin making it similar to the Tether (USDT) or USDC. It is a decentralized algorithmic reserve currency similar to the gold standard. Adirize DAO tokens (ADI) provide free-floating value to users and depend on fractional reserves. The Adirize DAO protocol has a major component called staking.

Since Adirize tokens (ADI) are designed to be a store of value and not your regular stablecoin. The store of value is expected to improve in value and Adirize DAO (ADI) leverages staking to be the central resource to obtain value to the Adirize token (ADI) to obtain a store of value status then. Staking Adirize DAO tokens (ADI) is a simple process, users can either purchase ADI in the open market or through trading liquidity. 

Afterwards, the Adirize App is used to stake the Adirize DAO tokens (ADI) to obtain benefits like more native tokens that the Adirize DAO Treasury obtains via bond sales. Staking rewards are high for this platform, so users can expect relatively good returns.

A presale is now taking place with Adirize DAO tokens (ADI), head to the website and see if this token is for you. Excellent deals can be acquired, such as a 12 per cent bonus of native tokens for a purchase done with Ethereum (ETH) tokens, and another 9 per cent bonus is given if you purchase in presale with Binance Tokens (BNB/BSC).

Bitcoin (BTC)

Bitcoin (BTC) is the oldest yet most popular modern cryptocurrency, and Bitcoin (BTC) is essentially a decentralized, secure and transparent way to transfer money from one location to another. This removes the intermediaries like banks, and Bitcoins (BTC) creation paved the way for all the altcoins we’re seeing today. 

Bitcoin (BTC) costs approximately 21,324 dollars in the decentralized exchange (DEX) where Bitcoin (BTC) is generally the most prized. Let’s see how Bitcoins (BTC) work to see Bitcoin’s (BTC) genius.

Firstly, a block is opened and then the blockchain makes a blockchain of 256-bit number that then encodes information such as the Bitcoin (BTC) client version, the first transaction occurring in the Bitcoin (BTC) block giving the Bitcoin (BTC) reward, the time in which the block was opened in the Bitcoin (BTC) chain and the network target. 

Hopefully, this gives you some critical insight into the workings of Bitcoin (BTC) and can make you better appreciate Bitcoin (BTC) enough to purchase a Bitcoin (BTC) of your own possibly.

Ripple (XRP)

The Ripple token (XRP) is the native cryptocurrency of the Ripple (XRP) platform. This token can be pre-mined and is a means for the Ripple (XRP) blockchain to exchange two different currencies.  

There are currently 99.9 billion Ripple tokens (XRP). Still, a billion others are released each month because Ripple (XRP) initially began with only 55 per cent of the entire Ripple tokens (XRP) supply.

Ripple tokens (XRP) are deflationary, and this token is important because every transaction taking place in the XRP ledger will incur a fee in the form of these native tokens that are burnt throughout the transaction.

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