Cryptocurrencies taking over the market: Immunicorn, Binance Coin, and Bitcoin

The cryptocurrency market is evolving at an exponential rate. Over one thousand other currencies are being created every single month. Many of these mainstream cryptocurrencies have become popular due to their real-life use cases such as making international payments seamlessly with low fees. Immunicorn (IMU), Binance Coin (BNB), and Bitcoin (BTC) are examples of these cryptocurrencies that offer utility within the market.

Immunicorn (IMU)

Immunicorn (IMU) is a new cryptocurrency platform that aims to develop a unique and innovative dynamic of well-thought-out financial and game theories in the blockchain market with the aid of staking and minting. The Immunicorn (IMU) platform is focused on facilitating the existence of a policy-controlled system, which would allow IMU, the platform’s official token, to be controlled at a high level by the decentralized autonomous organization (DAO). The platform is a community-driven platform that will be governed by the holders of the IMU token.

The IMU token is a BEP-20 token built on the Binance Smart Chain (BSC) with a maximum supply of 50 billion tokens. The Immunicorn platform intends to hold a two-month-long presale phase for the IMU token in order to distribute a large number of the new cryptocurrency among the community.

Binance Coin (BNB)

The Binance Coin (BNB) is an essential part of the successful functioning of the various Binance sub-projects. Initially launched as an ERC-20 token on the Ethereum blockchain but later became built as a BEP-20 token on the Binance Smart Chain (BSC), the Binance Coin (BNB) is the utility token of the Binance Exchange that was created to serve as discounted trading fees.

The token has several other use cases including but not limited to serving as a means of payment for; transaction fees on the Binance Smart Chain (BSC), financial services, and online services. The token is also used to capitalize on certain initial coin offerings (ICOs) that are registered through Binance’s launchpad protocol.

The BNB token currently has a total maximum supply of 165 million coins and a circulating supply of 163 million coins.

Bitcoin (BTC)

Regarded as the world’s first cryptocurrency, Bitcoin (BTC) is a digital currency that allows for decentralized peer-to-peer transactions on the Internet without the interference of a third-party element or individual. The emergence of Bitcoin (BTC) has established an abstract and specialized basis that subsequently motivated the creation of numerous competing projects. Bitcoin is a deflationary coin with a total maximum supply of 21 million coins. New coins are created through a process referred to as Mining. Mining occurs when miners (users of the Bitcoin network) pick up transactions that are sent across the network and package them into blocks. These blocks are then protected by complicated cryptographic calculations.

Bitcoin (BTC) is utilized as a decentralized store of value that provides for ownership or possession rights as physical property or as a unit of account. The coin has a current market capitalization value of 399 billion dollars with a circulating supply of 19 million coins.

As more and more consumers look to capitalize on the cryptocurrency market, these three coins have the potential to bring innovations to the forefront.

If you are interested in learning more about the new protocol Immunicorn, check out the links below to their website and socials.

DISCLAIMER – “Views Expressed Disclaimer: Views and opinions expressed are those of the authors and do not reflect the official position of any other author, agency, organization, employer or company, including NEO CYMED PUBLISHING LIMITED, which is the publishing company performing under the name Cyprus-Mail…more