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Crypto Veteran Says Anarchy (ANA) Has Potentials To Surpass Top Coins Like MakerDAO and Theta Network
The cryptocurrency market is one busy hub, filled with projects dipping and upgrading their protocols from time to time. No one wants to be left behind, and unlike many meme coins, most crypto projects launch with suitable protocols already in place.
That’s why top coins like Theta Network and MakerDAO constantly change their focus, get new sponsors, and reinvest their assets in other projects. There’s nothing like a refreshing twist to the protocol every now and again.
All these have nothing on Anarchy, though. Neil, a crypto veteran, has put his money on the newest cool coin, $ANA, as he stated that it has the potential to kick past top platforms like Theta Network and MakerDAO.
How far can Anarchy go, and how much can you get from it? The answers and more in a bit!
MakerDAO and Theta Network: Waxing and Cooling At Once
The MakerDAO hosts the stablecoin DAI, famous on various exchanges, including Aave and Uniswap. The network is known for its crypto-lending functions, and it has gotten even more popular in the crypto-verse than lending platforms launched earlier.
However, MakerDAO has been in the news recently, and not for lending. Its administration has been concerned about increasing revenue generation and invested heavily in US Treasuries. In June, they purchased another $700 million in US Treasuries to up their standings to about $1.2 billion. According to the CEO, this investment into the US treasury is part of plans to diversify their income streams and make their money work for them.
It’s obviously working for them; the MKR token trades at $819.42 on CoinMarketCap. However, Theta Network is not recording similar success, as the year has been tough on the platform. 2023 has seen the THETA price fall since January, as it now trades at $0.7358. A small consolation is their lineup of partners and investors, which includes Google, Samsung, Sony, and Lionsgate. With a slew of sponsors like that, Theta Network is more likely to recover than fold.
What does this all mean for Anarchy? Nothing, at least for now. But while Theta Network and MakerDAO are some ways ahead of the Anarchy project, experts expect the budding token to challenge them for the top spots in a few months. With a protocol like that and its massive reception, Anarchy’s limits are in outer space!
Let’s get to the coin as it stands!
Something huge is coming.
If you see this
Then your early! pic.twitter.com/HssZ4ywwrJ
— ANARCHY (@anarchycoineth) June 10, 2023
Anarchy: Latest Crypto Challenger
Anarchy’s the latest crypto sensation, and its presence alone challenges veteran crypto projects. The new coin is a rebel at heart, intending to challenge the status quo on all fronts.
First, Anarchy will be kicking against corruption in powerful places, particularly governments, and calling them out for their negligence and unfair policies. How? With memes! That is the point, isn’t it? A new meme coin is redefining the usage of memes in the crypto-verse. Talk about changing the status quo!
Here are more goodies you stand to gain from the Anarchy project.
- Built on Ethereum Blockchain
The best place for a new token to launch is on the Ethereum blockchain. For one, the project gets an extensive reach in the crypto-verse. If it’s a meme coin, that’s double the spread!
Also, Ethereum currently ranks as one of the fastest networks, owing to its recent upgrade to proof of stake and the introduction of a layer-2 blockchain. The server operates with high-level security, so users don’t have to worry about network glitches and server failures.
- Community Profits
As for profits, Anarchy’s got that undercover. The platform will maintain a DAO treasury, where 4.5% of every transaction goes. The money from the treasury is meant for both philanthropic and investment purposes, and the token holders get to decide where it is invested.
When such investments generate returns, holders split the profits. Now that’s how the community life at Anarchy is run; it definitely doesn’t get better than this!
- Gnosis Safe protocol
How secure is the Anarchy DAO? As usual, Anarchy is one step ahead, as the developers have installed a Gnosis Safe protocol to protect the treasury using multiple signatories. That way, community money is kept safe from cyber theft and blockchain failure.
Anarchy Presale News
Anarchy’s presale is here, and crypto-savvy users are keying into it. Like Neil, they are backing the new coin to rise through the ranks in the crypto-verse, and to be honest, it’s not difficult to see why.
If you need any motivation to join the Anarchy train, here it is. Experts are forecasting $ANA to deliver 200 times ROI on every token you buy during this presale. This is for sure an opportunity you don’t want to pass up. .
Anarchy Website Anarchy Twitter
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
