This summer has been a difficult period for crypto investors. It has seen prominent cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Terra (LUNA) significantly decline in value. The crypto market volatility has caused many buyers to be wary of what blockchain network they want to invest in.

Youniverze Finance (YUNI) Cryptocurrency

Despite Bitcoin and Ethereum's rapid declination over the past three months, the two coins have managed to maintain their positions of being the most valuable cryptocurrencies in the market. 

An upcoming crypto network that aims to reach the same heights as the two blockchain networks is Youniverze Finance (YUNI), a multi-chain project which aims to elevate blockchain technology by improving sourcing and trading. This article will explore how Youniverze Finance, Bitcoin, and Ethereum can contribute to the revival of this bear market.

Youniverze Finance - The Multi-Chain Network

Youniverze Finance (YUNI) is the one-stop solution for seamless transactions. YUNI wants to eliminate the complexity of performing crypto transactions. Youniverze Finance also 

The project can be used for governance, such as voting and polling, to encourage and reward early contributors to the project. Essentially, Youniverze Finance aims to make crypto markets more accessible to the average users by having a wide variety of applications and features. 

Its network plans to recognise the most cost-efficient bridge or DEX with the cheapest swap rate to make crypto transactions inexpensive for token holders. 

In addition, Youniverze Finance enables chains to engage meaningfully with each other by upholding their autonomy and security. YUNI token holders can stake to receive rewards while participating in critical proposals and decisions regarding the ecosystem’s future. 

The new crypto network allows users to access multiple liquidity providers, including multi-chain and in-chain liquidity providers. With YUNI being in the first phase of its presale, users have a 6% bonus available for the next six weeks - giving buyers plenty of time to purchase the token. 

Bitcoin - The Founder Of Crypto

The notoriety of Bitcoin (BTC) is eminent due to being the first cryptocurrency. It emerged in January 2009 as a peer-to-peer digital currency meaning that all transactions happen directly between independent network participants, without an intermediary’s involvement to facilitate them. 

Bitcoin was founded by an anonymous individual who goes by the pseudonym ‘Satoshi Nakamoto’, who published the currency’s whitepaper in October 2008. Many people wonder how BTC has managed to maintain its dominance in the crypto market for thirteen years. Being the first cryptocurrency to have ever existed gives it a unique advantage over other coins, 

Bitcoin has millions of enthusiasts who create, purchase, and distribute Bitcoin. It has created a global community by introducing the world to a new digital industry. BTC has gained over 1,000 in market value as of 8 August 2022, showing no sign of slowing down. 


Ethereum - The Smart Contracts Pioneer 

Ethereum is a cryptocurrency responsible for revolutionising smart contracts in blockchain networks. Smart contracts are computer programs that automatically execute the necessary actions to fulfil an agreement between several parties online. 

They were designed to reduce the need for third parties involved with contractors, decrease transaction costs and increase transaction reliability. Ethereum’s principal innovation was creating a network that allowed it to execute smart contracts using blockchain technology to strengthen the existing benefits that smart contract technology brings. 

Ethereum has recently announced its plan to transition from a proof-of-work consensus to a proof-of-stake algorithm, which they believe will improve sustainability and scalability. This switch had been planned since Ethereum's inception in 2015 and would see a new consensus mechanism while introducing sharding as a scaling solution. 

This transition will be known as Ethereum 2.0 and is being tested this week, with further execution scheduled to occur in September 2022. Ethereum’s consistency in adapting and enhancing blockchain technology makes it one of the most dominant cryptocurrencies in the market. If you want reliability when purchasing a crypto coin, look no further than Ethereum.


This article is sponsored content

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at are those of the individual authors and do not necessarily represent the opinion of or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Cryptos feed Join Telegram

Recommended content

Recommended Content

Editors’ Picks

Christie’s moves on-chain with NFT auction platform on Ethereum

Christie’s moves on-chain with NFT auction platform on Ethereum

After a series of successful high-priced nonfungible token (NFT) sales, Christie’s has launched its own dedicated NFT "on-chain auction platform," allowing auctions to be carried out fully on-chain on the Ethereum network.

More Cryptocurrencies news

Binance Coin price could shed more than 10% if this trend continues

Binance Coin price could shed more than 10% if this trend continues

Binance Coin price has been on a downtrend for quite some time and has intensified after the recent sell-off in Bitcoin price. Investors need to pay close attention to the BNB’s moves over the last three weeks, which revealed a bearish setup.

More Binance Coin news

Ethereum price still stands a chance to rally to $1,500 for these reasons

Ethereum price still stands a chance to rally to $1,500 for these reasons

Ethereum price failed and was rejected at the 38.2% Fibonacci retracement level. There is a significant downtick in bearish momentum amidst the recent decline. Invalidation of an uptrend potential depends on the swing low at $1,006 remaining untagged.

More Ethereum news

Cardano (ADA) Price Prediction: A sweep of the summer lows in the making

Cardano (ADA) Price Prediction: A sweep of the summer lows in the making

Cardano price congestive nature continues during the final week of Sept. Despite the rest of the market experiencing volatile moves this week, the price has been quite stagnant. ADA currently auctions at $0.44 as the bears have prompted a 4% drop in market value.

More Cardano news

Bitcoin makes a bullish comeback amid regulatory tension, but lacks confirmation

Bitcoin makes a bullish comeback amid regulatory tension, but lacks confirmation

Bitcoin price takes the first step to recovery but needs solid confirmation that will arrive after a flip of the $19,539 level into a support floor. After a successful flip, investors could expect a move up to an intermediate hurdle at $20,737.

Read full analysis