Popular Tokens To Survive 2022 Crypto Crash – Binance Coin, Solana, and HachiFi

Solana is one of the most popular crypto tokens in different parts of the world. This token was developed as a direct competitor to Ethereum and has been doing well in that regard. Launched in 2017, Solana became one of the most popular crypto tokens on the market in 2021. To date, Solana still has a strong presence in the crypto market and has continued to attract traders and investors from different parts of the world because of its unbeatable architecture. This cryptocurrency has been able to grow to the top because of its reputation as an efficient and fast cryptocurrency. SOL is the native token of this project and is used to pay transaction fees.

This cryptocurrency is similar to Ethereum because it has smart contract capability. As a result, it can support decentralised applications. Solana runs on a hybrid system that comprises a proof-of-stake and a proof-of-history consensus. The Proof-of-History is a unique algorithm that’s used to validate transactions. As a result, this platform can process 65,000 transactions per second. However, the charges on each transaction will be around $0.00025. Solana is an open-source blockchain that allows users to copy its code. Solana can also be used for minting and selling NFTs, building blockchain games, and developing DeFi platforms.

HachiFi – The NFT Breeder

HachiFi is a cryptocurrency coined by the words, Hachi and DeFi. HachiFi is a layer-III platform solution that merges NFTs and yields farming. On HachiFi, users can contribute their crypto tokens to get NFTs in return. The NFTs on this platform comprise tokenized domestic pets. These NFTs include different types of livestock animals, including ducks, dogs, cats, sheep and pigs. There are about 2,000 unique livestock animals. The process of staking your tokens in exchange for these NFTs is referred to as NFT breeding.

One of the most impressive things to note about the NFTs on this platform is that they are unique, transparent, and divisible. HACHI is the native token of this platform. This innovative token can be used to farm NFTs and as a store value. When used as a store of value, users can also buy and sell HACHI tokens. These tokens can also be staked to earn rewards. The staking rewards will depend on the amount that each user contributes. This cryptocurrency will rely on a deflationary model that will reduce the total supply and increase demand.