100xCoin throws its hat into the ring to bring more investing stability to Binance Smart Chain users. Through its mobile application, users can alleviate many challenges regarding alternative cryptocurrencies. The team also focuses on building an NFT exchange, as Non-Fungible Tokens remain very popular.
As a new meme coin hitting the market, 100xCoin is a project by crypto influencer Ken the Crypto. Its main points of focus include transparency, sustainability, and education. Catering to the needs of first-time buyers and cryptocurrency projects alike is a steep challenge. By eliminating the confusion associated with the crypto industry, the project will take an essential first step.
Furthermore, it is essential for 100xCoin to distinguish itself from other new currencies hitting the market. As new projects are launched every day, it is no longer sufficient to be a “meme” currency with no use cases. The team behind this project acknowledges there is a significant market to tap into by exploring new and exciting opportunities for holders of new crypto coins.
The 100xCoin team is launching a mobile application – dubbed 100xAltbase – to make cryptocurrency investments more straightforward. As demand for crypto assets picks up globally, it is crucial to make the buying process as simple as possible. Native support for credit cards lowers the barriers to entry significantly. This process is not too different from completing purchases while shopping via a mobile application.
The Difference With Other Meme Coins
Beyond the mobile app, the 100xCoin team is expanding its reach across the Binance Smart Chain. With 100xRocket, all BSC-based projects can tap into the vast 100xCoin community when launching new products and services. All projects seeking a listing will go through a rigorous vetting process to provide future investors with security and peace of mind.
By leveraging celebrities’ active and future endorsements spanning various sports and the entertainment industry, 100xCoin will help establish unique NFT opportunities for its community. For the celebrities, these NFTs can help build stronger bonds between themselves and their fans. 100xCoin is the first project to provide athlete and celebrity-endorsed NFTs to the Binance Smart Chain ecosystem.
CEO Ken Llamas has a bold vision to unlock the potential of Binance Smart Chain’s technology. Fueling growth in the cryptocurrency industry requires an out-of-the-box mindset, especially where meme coins are concerned. Llamas’ approach to 100xCoin and its broader ecosystem shows there are many opportunities to be explored.
A cryptocurrency project needs to be more than the sum of its parts to be successful in this competitive era. Speaking of the era, many would say the market is gravitating between the bullish and bearish sentiments – this hardly matters to 100xCoin, due to its deflationary supply that fosters long-term reductions in the supply, driving additional value to the ecosystem, a feat rarely encountered with many new crypto coins.
Even though 100xCoin was initially one of the many meme coins with no utility, the landscape has changed significantly. The community efforts poured into this project have yielded a long-term road map and new features that cater to the needs of many. The focus on security, transparency, and legitimacy will pave the way for broader adoption of this currency and its encompassing ecosystem. Expanding the reach and appeal of a project of this magnitude is an essential process to achieve broader mainstream adoption, especially for new crypto coins.
To learn more about 100xCoin, check out the Twitter, Instagram, Medium, and Telegram community.
