The popularity of cryptocurrencies is increasing day by day. Currently, the market cap of Bitcoin is equal to 1.149 trillion USD. You may wonder why this trend is getting more and more common. This is because cryptocurrencies are not only a new medium of money, but they’re also some kind of assets that can be traded for fiat currencies and other cryptocurrencies.
In this blog post we are going to talk about a new crypto project called ” TAGMOON,” what does it have to offer, and why its token value (called TAGMOON) is increasing rapidly.
TAGMOON is a new breed of a crypto token with social media NFTs at its heart. Due to the trilogy effect of Tagmoon, token holders can boost their value in the following three ways: i) Increase Market Value, ii) Eco-Friendly Mining, iii) Earn Binance Reward.
TAGMOON uses an alternative method for mining to ensure that the transaction does not harm the environment. An environment-friendly approach is used to process and secure transactions. A roughly 5.5-percent share of each transaction taking place on their smart contract will go to TAGMOON stakeholders. The deflationary effect of TAGMOON goes a long way toward reducing the total number of TMOON tokens in circulation, causing tokens to become scarce and raising the value of the coin.
On the TAGProtocol, TagMoon is the fastest growing community and their smart contract is backed by 10,000 NFT tags. Many crypto experts and gurus believe TAGMOON has the potential to grow with its unique idea.
It’s incredibly simple to get started with TAGMOON. There is no long and complicated process involved in buying TAGMOON tokens. When it comes to TMOON tokenomics, TMOON has a total supply of 100,000,000,000, with 1-percent liquidity and 10-percent staking at all times. The 30% circulating supply is preserved to be distributed during the presale. You can visit their official website to know more about TAGMOON in detail.
Reasons Why Crypto and Blockchain Projects are Getting Popular
The traditional investment industry is too slow for some people. They want to earn money with their investments as soon as possible. However, it is almost impossible for them with traditional investments. People are investing their assets in new blockchain projects every day because they want to generate profits fast. Moreover, people don’t want to work with their bank. Traditional financial institutions sometimes behave like dictators. They can do anything they want with your money, even if you once said them not to do it.
People are gaining more interest in cryptocurrencies. Many countries around the world that have not been familiar with digital currency are now studying blockchain technology and starting to accept it. Another reason why the popularity of cryptocurrencies is increasing day by day is that tax-free transactions can be done anonymously with no government control. A person can invest or purchase any goods and services for which they want to pay without involving any third party. There will be no bank charges and no tax will be levied by the government. So, people are feeling free.
How do you look at TAGMOON? We would appreciate hearing from you via email.
Martin has been following the crypto space since 2013. He is a passionate advocate for blockchain technology, and believes that it will have a profound impact on how people live their lives. In addition to being an avid blogger, Martin also enjoys writing about developments in the industry as well as providing useful guides to help those who are new to this exciting frontier of finance and technology.