The month of October saw a small recovery for the cryptocurrency market. After a period of volatility, the market has seen a resurgence in activity and a number of top-tier cryptocurrencies have emerged as leaders in this space.
In this article, we will take a look at three of the most prominent cryptocurrencies that have made headlines in October: Oryen Network, Fantom, and Cardano.
Oryen Network (ORY)
Oryen introduces the Oryen Autostaking Technic, or OAT System, a potentially revolutionary staking system. The project provides a set 90% annual percentage yield (APY), which is higher than any other yield-generating project in the industry. The OAT system is perhaps probably the fastest auto-staking protocol in the crypto world, with payouts every 60 minutes for investors that stake their ORY tokens.
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The project achieves its complicated staking and rewards structure by combining aspects like game theory, the application of human nature insights, and a complex collection of other factors to help support both the price of ORY and the rebase incentives it issues to holders. The Oryen Network maintains a treasury and employs a specific tax system to further sustain the value of ORY and encourage staking.
Fantom (FTM)
Fantom is a blockchain platform that is designed to offer high-speed and scalable dApp solutions. The FTM token is the native cryptocurrency of the Fantom network and is currently ranked as the 39th largest cryptocurrency by market capitalization.
Cardano (ADA)
Cardano is a cryptocurrency platform that is similar to Ethereum in many ways. However, Cardano differentiates itself with its proof-of-stake consensus algorithm, which is designed to be more energy-efficient than proof-of-work. The ADA token is the native cryptocurrency of the Cardano network and is currently ranked as the 5th largest cryptocurrency by market capitalization.
Conclusion
The ORY, Fantom, and Cardano are three of the top-tier cryptocurrencies for October 2022. All three have unique features and benefits that make them stand out in the cryptomarket. Each of these cryptocurrencies has a lot to offer investors and users, and they are all worth keeping an eye on in the coming months.
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Find out more here:
Join Presale: https://presale.oryennetwork.io/register
Website: https://oryennetwork.io/
Telegram: https://t.me/OryenNetwork
Discord: https://discord.com/invite/jSvaXmb2cB
Twitter: https://twitter.com/oryennetwork
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