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Coins to Outperform the Crypto Market: Stacks, Aptos, NewYorkCoin

03-07-2023 05:02 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: NewYorkCoin (NYC)

Coins to Outperform the Crypto Market: Stacks, Aptos,

Stacks (STX), a Layer 2 protocol, has taken a top spot among this week's best-performing digital assets on the buzz generated by Ordinals on Bitcoin. NFT's (Ordinals) on the Bitcoin blockchain may also bring more financial use cases to the network and drive more demand for block space. On the other hand, inscribing non-fungible characteristics to satoshis could negatively affect privacy and fungibility. Stacks is one of the first blockchains to enable a way for minting Bitcoin Ordinals, which puts it in an excellent position to benefit from the hype. Current market cap: $1.02 Billion USD

Aptos (APT) is a Layer 1 blockchain utilizing the Move programming language. Move was originally created to power Meta's (Facebook) now-defunct Diem blockchain project. Aptos has recently released its new web 3.0 gaming toolkit. The new software development kit is all set to further push the development of decentralized games on the Aptos blockchain. Traditional games entertain users while they earn irredeemable points. The new software development kit by Aptos ensures that developers offer more entertaining games with rewards that can be redeemed for Aptos tokens. This is a new milestone in decentralized gaming. Aptos will enable players to earn money while they play on the Aptos blockchain. Current market cap: $1.85 Billion USD

Author: What is Bitcoin?

NewYorkCoin (NYC) is a no fee Layer 1 blockchain proven since 2014. With near instantaneous transactions worldwide and final confirmation every 30-seconds makes NYC ideal for time-sensitive payments. NewYorkCoin is a scrypt proof-of-work blockchain just like Dogecoin and Litecoin which enables energy efficient merge-mining of NYC (ability to mine coins together) with zero additional carbon footprint. NewYorkCoin has low inflation with only 52.5 million new coins created every year compared to 5.25 billion new coins added annually for Dogecoin. NYC currently has a tiny market valuation but has recently been added to larger exchanges P2B and Dex-Trade with an upcoming listing announced on Coinsbit to increase exposure and liquidity. NewYorkCoin developers have enabled a DeFi bridge to Binance Smart Chain (BEP-20) offering yield farming and staking to longer-term hodlers. NYC is currently extremely undervalued and now primed for explosive price growth. Current market cap: $1.22 Million USD

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