Pacman Frog (PAC), Solana (SOL), and Near Protocol (NEAR): Might Be Good Investment Opportunities for New Investors
These three cryptocurrencies have been doing incredibly well lately and may be great investment options for you. Don’t miss out on the chance to get in on the action!
Pacman Frog (PAC)
Pacman Frog (PAC) is a community-driven cryptocurrency project. The platform fully embraces the Decentralized Autonomous Organization (DAO) model. This means that any event on the platform will not be under the control of a single institution and the PAC community is influential in the decision-making process. The project team plans to develop a dedicated gaming branch by holding funding rounds to help drive the future of blockchain games and NFTs.
PAC is the token that allows users in the Pacman Frog DAO to vote for the future development of the project. As the project focuses on the community for a democratic and transparent functioning, the PAC token aims to evolve as a leading community icon with various use cases in NFTs, GameFi, DeFi and much more. Users do not need to pass KYC requirements to join the ecosystem.
You can become a part of PacDAO by keeping 1 million+ PAC tokens in your wallet. The maximum PAC token supply is 1 billion. The developer team states that all unsold PAC tokens will be burned. It is also stated that payments will be accepted in all major cryptocurrencies. The primary goals of the project include listing the PAC token on leading cryptocurrency exchanges to provide maximum liquidity.
Pacman Frog (PAC) supports gaming entrepreneurs and teams, providing them with a blockchain gaming platform and the skills needed to launch their first production in the global market. Additionally, it aims to provide real-time data on NFTs and statistics on their trading volume. So the project is completely focused on games.
Especially since the end of 2021, game-oriented NFT and Metaverse tokens started to attract great attention. At Pacman Frog (PAC), it is considering bringing early-stage projects under one roof. Pacman Frog (PAC) allows gamers to discover, buy and sell GameFi NFTs while also providing a highly developed marketplace for NFTs in games. PAC token holders have great advantages in the NFT market. In addition, the platform plans to create a system that will keep users up to date with the latest happenings in the world of blockchain, including cryptocurrencies, decentralized finance (DeFi), NFTs, GameFi, and Metaverse.
Solana (SOL) is the 7th most valuable token on coinmarketcap.com. Solana, one of the most valuable tokens of the crypto ecosystem such as Ethereum (ETH) and Cardano (ADA), gained value with its alternative solutions that close the shortcomings of the Ethereum blockchain. Faster processing and lower transaction fees have made it one of the most recognizable cryptosystems.
One way to tell if Solana (SOL) is a promising asset is to take a look at the features it offers. Solana (SOL), a blockchain network launched in 2020, is faster and has lower transaction costs than Ethereum (ETH). We are faced with a network that has a work capacity of 65,000 transactions per second with close to zero fees.
Let’s remind you that Bitcoin (BTC) processes seven transactions per second, while Ethereum (ETH) processes 15 transactions per second. Indeed, Solana is one of the fastest programmable blockchains. It looks like the development team will take these features even further. They aim to reduce the block generation time to 80ms and trade on other decentralized exchanges built on the Solana (SOL) blockchain in a 1ms timeframe.
Near Protocol (NEAR)
The Near Protocol (NEAR) started 2022 fast. It first announced in January that it had raised $150 million in funding. Not long after, NEAR received investment from well-known companies such as Republic Capital, FTX Ventures, Hashed, Dragonfly Capital, ParaFi Capital, and others, as a result of a funding round led by hedge fund Tiger Global.
Thus, with the second funding round in 2022, NEAR has increased its total value by another 350 million dollars. NEAR announced that it will use the money it collects to finance the development of projects it will implement and accelerate the development of the blockchain. Meanwhile, Barry Silbert, founder of Digital Currency Group, tweeted that NEAR, which is part of the holding, is the third largest crypto company.
Infrastructure technology is one of the issues that need to be addressed in order to understand whether a cryptocurrency is a good investment option in the long run. Compared to first-generation blockchains such as Bitcoin and Ethereum, NEAR Protocol (NEAR) appears to be faster, scalable and more efficient. It is known that NEAR is designed to appeal to one billion main users. The NEAR Protocol (NEAR) can process more than 100,000 transactions per second. We’re talking about twice the speed of Solana (SOL).
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