Smart Investment Choices For Newcomers: Oryen Network (ORY), Solana (SOL), And Cardano (ADA)

The post Smart Investment Choices For Newcomers: Oryen Network (ORY), Solana (SOL), And Cardano (ADA) appeared first on Coinpedia Fintech News

Newcomers to the cryptocurrency world often face the daunting task of deciding which coins to invest in. With tens of thousands of cryptocurrencies in existence, it can be challenging to know where to start. However, a few stand-out projects are worth considering for any crypto portfolio. In this article, we will take a look at three of the most promising projects in the space: Oryen Network (ORY), Solana (SOL), and Cardano (ADA).

Oryen Network (ORY)

Oryen Network is a developer-focused organization that produces advantages and value for Oryen token holders via innovation. It is a novel staking platform that provides investors with a stable 90% APY and the easiest autostaking method, OAT, which enables users to stake their coins without needing research or setup. Instead, the platform performs all of its duties, and the user just has to submit their wallet address for the platform to stake their coins. 

Oryen Network’s native token, $ORY, serves as an elastic or rebase token, meaning its supply is algorithmically changed to regulate its price. Rebase tokens, similar to stablecoins, are often tied to another asset. However, Oryen’s positive rebase is sustained by an RFV (Risk-free value) guaranteed and funded by the token’s purchase and sale fees instead of utilizing reserves to maintain the peg. 

Offering the highest APY of 90% and daily ROI of 0.177%, ORY looks like a wonderful, user-friendly investment option where you just purchase, hold, and wait for your profits to be automatically staked. 

If we put a daily compound interest of 0.177% in numbers, an investment of $10,000 today could potentially rise to around $19,000 after one year. Consequently, your investment will almost double, thanks to Oryen’s magnificent compound interest.

Solana (SOL)

As one of the most rapidly expanding crypto ecosystems, Solana is home to hundreds of DeFi initiatives for its low latency, minimal fees, and fast transaction throughput. This project’s near-term viability will have been shown by a massive increase in transactions in 2021. 

Though not as simple as with Oryen, Solana investors can also enjoy rewards for staking. Solana staking is a system in which a user (staker) assigns his SOL tokens to a validator to collect token incentives paid out in SOL while contributing to the network’s decentralized security.

Cardano (ADA)

Cardano (ADA) is a proof of stake (PoS) blockchain that aims to provide an excellent solution to proof of work (PoW) networks. Ouroboros is the consensus protocol used by the Cardano network. Ouroboros is the first proof of stake (PoS) protocol meant to decrease the energy consumption needed by proof of work (PoW) mining, which Cardano developed during the genesis period. Cardano’s most recent hard fork is the blockchain’s most major upgrade, which will assist in solving security flaws in its protocol and enhance contract functionality, eventually resulting in more adoption.

Bottom Line

If you’re new to cryptocurrency investing, you may wonder which coins are worth your attention. While there are many different options available, we believe that the following three coins are worth considering: Oryen Network (ORY), Solana (SOL), and Cardano (ADA). All three of these coins offer unique features and strong potential for growth, making them smart investment choices for newcomers to the space.

Learn More Here:

Join Presale: https://presale.oryennetwork.io/register

Website: https://oryennetwork.io/

Telegram: https://t.me/OryenNetwork

Discord: https://discord.com/invite/jSvaXmb2cB

Twitter: https://twitter.com/oryennetwork

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