Crypto veterans Binance Coin (BNB) and Ethereum (ETH) grapple with price correction as Logarithmic Finance (LOG) impresses investors

Log Finance (LOG) continues to impress crypto enthusiasts with impressive offers.

From time to time, new coins are released in the crypto world, which usually makes it difficult to keep track of things.

Identifying new pieces that will continue and succeed can be very tricky.

Logarithmic Finance (LOG) is a new coin that has just entered the cryptocurrency world and its unique offering could help it become a top dog in the DeFi space.

The developers of Logarithmic Finance plan to take over the crypto space with true unparalleled transaction speed and negligible gas fees. If there’s a time to do it, it’s now as major crypto giants are still grappling with a price correction.

Future plans for Ethereum (ETH)

Ethereum (ETH) has been a big name in the crypto world since its inception.

Since its launch, Ethereum has been synonymous with high gas fees as well as a very slow blockchain network that sometimes irritates users.

It faces these drawbacks usually due to the congestion it gets from processing so many transactions from altcoins that create their platform on it.

Ethereum (ETH) planned to upgrade its network and fix its long-standing issues. The developers plan to implement ETH 2.0 which will use proof-of-stake consensus rather than the proof-of-work consensus that Ethereum currently uses.

What’s new with Binance Coin (BNB)?

Binance Coin (BNB) remains one of the most sought after cryptos in the world. Binance Coin (BNB) has many uses, most importantly its ability to be used as a transaction fee payment coin.

Binance Coin (BNB) recently entered into an agreement with an agency in Dubai with the aim of strengthening its presence in the region.

This deal is intended to help the exchange see a significant increase in usage as well as price.

How far can Logarithmic Finance (LOG) go?

Logarithmic Finance (LOG) has stated its goal to be a decentralized finance project for the next generation.

Logarithmic Finance plans to use unique interfaces as well as Web 3.0 to unlock the full potential of DeFi. It also wants to offer innovators the opportunity to raise enough funds to launch their product on its platform. With that in place, attracting investors becomes relatively easy to do.

The establishment of this platform will allow investors to access some of their favorite projects.

Currently, Logarithmic Finance (LOG) not only aims to decentralize all available liquidity auctions, but is in the process of strengthening liquidity in its ecosystem.

Most of the token exchange protocols that are currently available to crypto users lack the unique arrangement that Logarithmic Finance (LOG) boasts.

The LOG developers aim to start with Ethereum (ETH) as their primary blockchain, but will upgrade and integrate more over time.

Some of the other blockchains that will be implemented include Avalanche (AVAX), Binance Smart Chain (BSC), Solana (SOL), Tezos (XTZ), and Polygon (MATIC).

Logarithmic Finance strives to build an ecosystem that will not only be favorable to its developers but also to its users which include innovators and investors.

Their quest to be a cross-chain and multi-chain system, once implemented, will help them achieve these goals faster.

If you want to invest in crypto right now, make sure Logarithmic Finance is one of them.


This article does not necessarily reflect the views of the editors or management of EconoTimes