With the crypto market facing volatility, traders are looking for the best cryptos to preserve their gains. Some are even looking for new opportunities for major profits. In this context, APTOS, ETH, and Cutoshi look like the best bets for traders. Each of these tokens has unique advantages for traders with varied risk preferences.
Ethereum: Safe And Steady Asset
The DeFi giant Ethereum (ETH) is among the top choices for traders. Despite its recent slow performance, Ethereum’s strong ecosystem means it has a strong potential for the future. While Ethereum is up 49.62% this year, this performance is rather lackluster. In this respect, Ethereum underperformed most major tokens, including Bitcoin. This is likely due to its recent Decun update, which brought significant changes to its tokenomics.
Since Decun, Ethereum started giving more space to level 2 scaling solutions. These chains help scale up Ethereum’s base network, by moving a significant volume of transactions off its chain. So far, they have been successful, leading to a reduction in base transaction volume. However, this also had unintended consequences.
Notably, Ethereum’s burning mechanism depends on its base transactions. When volume is high, a portion of ETH transaction fees get burned. Depending on how high the transaction volume is, this burning offsets inflation that comes from validator rewards. Since Decun, Ethereum has been inflationary, leading to its negative performance. However, in the long run, the update will help boost the Ethereum network, which is good for long-term holders.
Aptos: Mix Of Safety And Potential
Developed by former Facebook employees, Aptos (APT) was one of the most highly anticipated launches last year. Since then, it has been on a volatile ride. While bulls stresses its strong tech, bears were concerned about its tokenomics. Notably, its high token allocations to the team.
Despite this, Aptos rode the crypto market wave last month, reporting a 37.75% increase in the period. On a yearly basis, Aptos rose 60.56%. While this may seem impressive, the performance is not great for crypto standards. Notably, even Bitcoin, the largest crypto asset, rose 122% in that period.
With 4 million monthly active users and 1.7 billion transactions, Aptos has a huge ecosystem. Aptos also has a total value locked (TVL) of $589.62 million. This places it 14th among all other chains. Aptos is ahead of TON blockchain, Cronos, and Near. It is even slightly ahead of Bitcoin’s blockchain. However, Bitcoin is relatively new to the DeFi space.
Cutoshi: The Best Shot At Explosive Gains
While Ethereum and Aptos are safer plays, Cutoshi (CUTO) is a crypto for those looking for moon gains. This token is an innovative combination of memes and DeFi. Inspired by the Chinese Lucky Cat, this fun token will bring luck to your portfolio. However, its inspiration is also legendary Bitcoin creator Satoshi.
Following Satoshi’s vision, Cutoshi is building a complete DeFi ecosystem. Its multichain DEX will enable everyone to trade without restrictions. At the same time, it has low fees of just $0.25, comparing favorably to most other CEXs and DEXs.
Another part of its ecosystem is its farming system, enabling users to stake tokens and even earn quest rewards. It will have a crypto academy, helping new traders to learn all they need about DeFi. It also features NFTs, providing an additional way for traders to earn.
Thanks to these features, Cutoshi is set for an explosive year. With a low presale price of $0.015, it will bring early investors a chance to make 100x gains as soon as it lists on major exchanges.
For more information on the Cutoshi (CUTO) Presale:
https://cutoshi.com
Join and become a community member:
https://twitter.com/CutoshiToken
https://t.me/cutoshi
