Home  >  Article  >  Cardano and Stellar (XLM) Lose Investors to New Kid on the Block, Zig Network (ZIG)

Cardano and Stellar (XLM) Lose Investors to New Kid on the Block, Zig Network (ZIG)

Linda Hamilton
Linda HamiltonOriginal
2024-10-19 01:22:14712browse

This article reviews Cardano and Stellar while highlighting the rising interest in Zig Network and its unique revenue-sharing model.

Cardano and Stellar (XLM) Lose Investors to New Kid on the Block, Zig Network (ZIG)

This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

This article reviews Cardano and Stellar while highlighting the rising interest in Zig Network and its unique revenue-sharing model.

In this article, we analyze the price movements of Cardano (ADA) and Stellar (XLM). We discuss the wins and losses and their prospects as 2024 ends.

We also draw attention to a new kid on the block, Zig Network (ZIG) and how its novel approach to decentralization and community building is exciting investors.

Cardano investors are moving into Stellar - here's why

Cardano has had a turbulent 2024, opening the year at $0.29 and rising as high as $0.81 in March. However, the year has been largely unimpressive with ADA now trading at $0.35 after a 4% gain in the past seven days.

To the dismay of investors, the trading volume has also fallen by 40% in recent days. This has caused some investors to move large portions of their holdings into other tokens.

In a bid to make 2024 a 'Cardano year', some investors are pivoting to tokens that are showing more promise in the market.

One project that has caught the attention of Cardano investors is Zig Network, which is currently in its presale stage and offering tokens for $0.01 each.

This presale is bound to end soon and tokens will be available for $0.015 in the next stage - a 50% increment. After the presale, tokens will be listed on centralized and decentralized exchanges for $0.02.

Presale investors stand to gain massive profits from this price increment and can also generate daily passive income through token staking.

Stellar price movement sparks concern among investors

After opening 2024 at $0.11, Stellar has dropped significantly to trade at $0.095, notching a 10% loss year-to-date. Investors have been moving their holdings to other tokens in droves and this has sparked concerns among Stellar investors.

Stellar began the year on a high note, rising to $0.13 in March and kicking off a bear market that has seen XLM drop as low as $0.08 in October. Stellar has since recovered from those lows but investors are still not satisfied with the token's performance this year.

However, there might be hope for Stellar yet as the United Nations has endorsed the token as one of the bases for their upcoming global payments network. This could see Stellar integrated into central bank digital currencies (CBDCs) and other major financial institutions.

Investors who are looking for tokens that are showing more promise in the market are shifting their attention to Zig Network, which guarantees passive income through revenue sharing.

This model, which is the first of its kind on the blockchain, sees Zig Network allocating 20% of its revenue to token holders. This is paid out in ZIG tokens and is sure to attract investors who are looking for tokens that are rewarding their community.

This is just the beginning of Zig Network’s presale and tokens are currently available for $0.01 in a bid to make decentralized finance (DeFi) accessible to everyone. This includes small investors who might be priced out of other projects.

This presale is bound to end soon and tokens will be available for $0.015 in the next stage - a 50% increment. After the presale, tokens will be listed on centralized and decentralized exchanges for $0.02.

Investors who buy Zig Network tokens during the presale are assured of massive profits as the token price increases in the next stage and when it is listed on exchanges. They will also be among the first set of people to generate daily passive income through token staking.

Furthermore, Zig Network has been audited by a third party to ensure the safety of investors' funds, while liquidity will be locked indefinitely and team tokens are locked for four years. This shows the commitment of Zig Network’s team to the project.

To learn more about Zig Network, read the Zignet whitpaper and participate in the Zig Network Presale.

The above is the detailed content of Cardano and Stellar (XLM) Lose Investors to New Kid on the Block, Zig Network (ZIG). For more information, please follow other related articles on the PHP Chinese website!

Statement:
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn