Are you new to the HaggleX platform? Or you’re an existing user but still need clarification on what it is about? Okay, heads up because this article is for you.
HaggleX is a Blockchain-based multi-currency exchange platform built on the Binance smart chain network with representation in over 12 regions of the world. Sounds like big grammar, right? I kind of agree. So let’s break this down real quick.
Blockchain-based: This means that HaggleX is built using Blockchain technology, its transactions can be viewed by anyone who has the receipt (hash) and transactions are immutable and irreversible. It is utterly transparent.
Multi-currency: The HaggleX platform has 8 cryptocurrencies currently listed. This means that transactions can be made in any of those cryptocurrencies, its native token ($Hag) included.
Exchange Platform: It makes no sense to have multi-currencies that can’t be traded. With minimal to zero fees, HaggleX makes it easier for users to carry out transactions.
Binance Smart chain Network: This is a blockchain network built for running smart contract-based applications. It runs in parallel with Binance’s native Binance Chain (BC) and is also popular for the low fees it charges for crypto transactions.
The HaggleX platform allows you to save, swap or trade your cryptocurrencies. More features are coming soon on the app but let’s interest you with top facts about each Cryptocurrency listed on the platform
Top Seven Cryptocurrencies on HaggleX
HAG: Hag has a total supply of 10,000,000. The circulating supply is 1,000,000. HaggleX is tradable on pancakeswap, indoexofficial, it’s also listed on Coinmarketcap and Mintme.com.
Interestingly, future projections estimate Hag to be valued at $10 soon.
What HaggleX lacks in popularity now, it makes up for in an active community engagement and constant improvements on its platform. Easy enough, HaggleX has recorded huge feats this year, from closing its presale with a $1 price to hitting as high as above $100 on its second exchange listing to recording over 50k+ downloads of its app and being represented in new regions(like India and Bangladesh).
One thing is certain, $Hag is one token you want to watch out for and one project you want to get in on.
BTC: Open-sourced, transparent and secure, that’s Bitcoin for you. The recent Taproot upgrade on the Bitcoin network improves its scalability too.
The King of Cryptocurrency, as it is often called, Bitcoin has been existing for well over 10 years and has been recording new highs every year. Its most recent ATH was $69000 just before the market went bonkers! Expert analysts are projecting that it’d close the year with a price bang at $100,000.
Bitcoin never sleeps, yeah, you heard right. It might be high or low but never stable. Bitcoin is the largest cryptocurrency in the world according to market capitalization and has proven that it intends to retain that position as it is higher than other cryptocurrencies in price and has a higher rate of adoption.
ETH: Everyone loves a little Ethereum because ‘Why not?’. The second-largest according to market capitalization, an improvement to the Bitcoin blockchain, the first blockchain with smart contract functionality, what is there not to love about Ethereum?
Nobody knows the total supply for ETH but what we do know is that only 18 million ETH can be mined per annum, this makes it every miner’s first alternative, excluding Bitcoin, because due to the high quantity being mined they can continue to make a steady income.
ETH has recorded an increase of over 40,000% in a little over 5 years and predictions are that it will hit an estimated ATH of $15000. If you haven’t bagged an ETH, why not?
XRP: This mystery coin is not minable, is faster than Bitcoin and Ethereum, and has an exclusive blockchain. XRP is the fifth-largest cryptocurrency, with a market cap of nearly $53 billion.
Up about 410% this year from 349% over the past year, XRP is uniquely different from other cryptocurrencies. It’s cheap, fast, and used by major corps around the world.
Get in early, XRP is for you.
BCH: Bitcoin Cash is built off the Bitcoin blockchain, with the major purpose of improving Bitcoin scalability. With a live market cap of over $10 billion at the time of writing and a live price of $555, BCH is an alternative to investing in Bitcoin.
Like Bitcoin, it has a total supply of 21 million and a circulating supply of 18 million. If you’re not in on BCH yet, I think you’re missing out.
BNB: I love BNB!!! You would too if you knew more about it. BNB started with an initial coin offering in July 2017. 200 million BNB was initially offered in the ICO but the current total supply is lower because every quarter, BNB coins are burnt or repurchased by the team.
The 15th quarterly BNB burn burned a total of 1,099,888 BNB, equivalent to $595,314,380 worth of tokens. It is the largest ever in terms of U.S. dollars. The current total supply of BNB is 169,432,937.
The BNB burn ensures that the BNB coin remains finite because it will continue to happen till 100 million BNB coins are destroyed.
Simple economics teaches us that scarcity begets value, this simple principle is enough reason to bag some BNB.
TRX: 2017 was a great year for cryptocurrency, a lot of outstanding cryptos were founded in that year. Tron is one of them. Very cheap to purchase, relatively massive use cases, 32nd cryptocurrency in the world according to market cap, and developed as an improvement to the Ethereum network.
Live price as at the time of writing is $0.0927 and its current market cap is $6.13 billion, you might want to bag some Tron because its future is Bullish.
DOGECOIN: The most popular meme coin and the largest based on market capitalization is Dogecoin. It was started as a joke but has been taken quite seriously by top names in the digital space.
The meme coin has outperformed better coins and tokens this year, recording an increase of 9,884% between January and May of this year alone. Interestingly, Dogecoin can be mined singularly or by joining a mining pool. It has a block reward of 10,000 Dogecoin for every block completed.
There’s no maximum supply for Dogecoin but 5 billion dogecoins are released into circulation every year. Do you want a good laugh? Bag some Doge and laugh at those who didn’t! Lol!
USDT: Who doesn’t like to take a break away from the volatility of non-stable coins? I sure do. USDT currently has a market cap of $73.162 billion, up from $4.108 billion in October 2019.
You can make a habit out of converting your crypto profits to USDT as they’re stable, reliable, and give you lesser trading pressure, unlike volatile cryptocurrencies.
LTC: Litecoin is the 16th largest cryptocurrency based on market cap. There will never be more than 84 million Litecoins mined and guess what, there’s already over 65 million in circulation. If you have some LTC, you’re part of the majority.
Conclusion
What a ride! Whew! Now that you know tidbits about all the cryptocurrencies listed on the HaggleX app, take that bold step today and sign up on the platform. Looking forward to having you onboard.
Download the HaggleX app today and start your crypto savings journey.
Google Play Store: https://play.google.com/store/apps/details?id=com.hagglex.hagglex
Apple Store: https://apps.apple.com/ng/app/hagglex-buy-sell-btc-and-eth/id1535046179
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