Watch Out For Supontis Token as it Competes Against Giants of the Crypto World like Fantom?

The crypto industry is highly lucrative, and people's ideas about the market are transforming. Crypto is gaining acceptance, and events triggered by the 2021 hike, have recorded an immense hype around the subject.

Everything was right on track until a lightning bolt struck and disrupted the system. Almost all the coins have lost their value by 50%, which is no joke. A year ago, Bitcoin (BTC) was predicted to hit 1 million USD in 2022, but it fell below the 20,000 mark at one point. The same was followed for Ethereum (ETH), which dropped by 75% compared to its all-time high value. This indeed created a ripple effect that influenced other coins along the way. In these times, deciding which coin or a token is potentially viable to buy is a big deal.

Here in this guide, we've covered the features of two currencies, Supontis Token (SUP) and Fantom (FTM), that we believe stand out. You'll have a complete picture of how these tokens actually work and what's their selling points. Because it's the profits, we all play for!

Introducing Supontis Token (SUP)

Supontis Token (SUP) is established on Binance Smart Chain. The primary purpose is nothing but to offer itself as a bridge to connect blockchain, it advocates low transaction fees, and the transfers are quicker than other bridging networks. This, however, is not tested.

It lays a road between the chains to offer interoperability, realizing the cross-chain transfers. The mechanism behind the transfer isn't as simple as it sounds. Suppose you send a stipulated amount or an asset to another chain. The amount gets locked on your chain. A similar asset or the same amount is replicated to another chain where you're free to use it anywhere you like. Now, if you think about transferring the amount back from the second chain to yours, the smart contract is coded to burn the asset on the second chain and resume the initial asset on your chain after it cuts the used amount/asset.

Supontis Token (SUP) is a DAO-based system that considers its members' opinions. It enables its stakeholders to have their say on any decision formulated on the platform. This is ensured via the voting system, and the voting power or the percentage it carries depends on the share. One with a significant share is too given the leverage to initiate the voting process or propose features.

Supontis Token (SUP) allows you to earn money by staking your money. It's based on the Proof of Stake consensus mechanism. Unlike the POW (Proof of Work) model, it doesn't demand extra-efficient processing power to outcompete its counterparts. The rewards are determined by the amount one puts in. Everyone has an equal opportunity to earn profits.

Fantom's (FTM) Key Features

Fantom (FTM) works the same way as Ethereum (ETH). Additionally, all the decentralized applications you can run over the Ethereum platform can be deployed over Fantom (FTM) and run smoothly. The major issue with the former is the costs involved. Fantom (FTM) offers a solution to this and claims to conduct thousands of transactions a second for less than a cent. Fantom (FTM), as Supontis Token (SUP), is based on a Proof of Stake model where no one can seep in and hack the system. Security is one of the best-selling points for Fantom (FTM), given the model it incorporates. On coinmarketcap, the coin currently stands at approximately 0.24 USD and ranks 61.

Here, we've shed light on how these coins broadly work and what you should be aware of if interested in trying any of these out. But if we had to devise, we would definitely go with Supontis Token (SUP) because it's relatively newer in the market. Thus, the likelihood of it rising in value is a lot more.

To find out more about Supontis Token (SUP), visit the links below:

Presale: https://register.supontis.com

Website: http://supontis.com/

Telegram: https://t.me/SupontisTokenOfficial