AHOY! OPEN YOUR EYES! LET'S HAVE A QUICK LOOK UNDERRATED CRYPTO ASSETS!
What You Mean Underrated?
There is such thing market cap as you all know. Leader BTC taking its pie with 838 B for now. We also have some assets beyond BTC. You surely dominating most of them as todays popularity of cryptocurrency. Today we are going to meet 2 of these guys. Mark that, these crypto assets are no "not popular" assets. We just examine, go deeper on them...
Hedera Hashgraph
HBar is the native cryptocurrency of Hedera Hashgraph, a public, open-source, and energy-efficient network designed for decentralized applications (dApps). Think of it as the fuel that powers the Hedera engine.
Here's what HBar does:
- Pays transaction fees: Any interaction on the Hedera network, like sending money or running a dApp, requires HBar to pay for the computational resources used.
- Secures the network: HBar holders can stake their tokens to participate in Hedera's Proof-of-Stake consensus mechanism, which helps maintain the network's security and stability.
- Enables governance: HBar holders have voting rights to participate in decisions related to the network's development and future direction.
In short, HBar is the lifeblood of the Hedera Hashgraph ecosystem. It fuels transactions, secures the network, and empowers its users to shape its future.
I hope this concise explanation clarifies HBar coin and its functions! Let me know if you have any other questions.
The most punishing part of #Hbar is Google and Lg some of it's accompanies.. Furthere more now it's placing on #37 on coinmarketcap. #Avax, #Ada, #Dot, #Sol some of its opponents on market. If Hbar would decided to catch its closest opponent, our guy has 3x way potential... Not a financial advice ofc :)
The Graph GRT
Think of GRT as the driving force behind The Graph, a powerful indexing protocol for blockchain data. Just like Google indexes the web, The Graph indexes blockchain data from networks like Ethereum, making it easily searchable and usable for developers.
So, what does GRT do?
- Powers indexing: GRT incentivizes people called indexers to run nodes that process and store blockchain data. They're rewarded with GRT for making this information readily available.
- Drives curation: Users can stake GRT to curate subgraphs, which are specific sets of indexed data on a blockchain. This ensures the quality and relevance of the information available.
- Enables querying: Developers use GraphQL, a query language, to retrieve the indexed data using GRT. This powers various DeFi applications, analytics tools, and other blockchain-based products.
In short, GRT is the fuel that keeps The Graph engine running smoothly. It incentivizes data indexing, curation, and querying, ultimately making blockchain data accessible and useful for everyone.
Bonus: GRT is also a limited-supply token, meaning there will only ever be a specific amount in circulation. This can potentially increase its value over time if demand for The Graph's services continues to grow.
Beyond all that technical informations GRT is an AI project. Its most popular opponents are #FET and #OCEAN... The fact is as market cap, #GRT is way above them on market cap but during "this small bull run" (depends ofc) still kept undervalued and when check the graphic, you may observe that.
Please comment down below what are you thinking! What is your undervalued asset? Do you agree my thoughts?