When news of the novel cryptocurrency Celadon Coin hit the market, it caused quite a stir. It promised to give all investors an equal chance, filter out possibilities for whaling, and ensure smooth transfer between Binance Smart Chain, Ethereum, and Polygon networks.
With so many coins on the market driving competition, only those with solid offerings remain standing. Though DogeCoin and Shiba Inu have both been on the radar for 2022, here is why Celadon coin is better.
Celadon’s Two-Phase Release
It’s not just a release and let’s see with Celadon. Instead, founders focused on a two-phase release that would lay a stable foundation in a highly volatile market and open up the opportunity for decentralized exchange.
Celadon’s first phase will break into the NFT marketplace, allowing them to enjoy all the same features as blockchain NFTs. From music to fantasy card games, Celadon will be available, moving to phase 2 with successful and stable implementation.
Investors can kiss complicated exchanges goodbye once phase 2 hits, like trading, swapping, streaking, and farming is all a possibility with every token pair imaginable.
Celadon Coin’s Unique Features
According to Investopedia, as of March 1, 2022, “there are over 18,000 cryptocurrencies in existence.” With so many out there, it can be difficult to stand out in the crowd, which is why Celadon decided to do things differently. As opposed to competitor coins, Celadon offers unique features including:
Instead of adding roadblocks for buying and trading, Celadon’s goal is to keep things running smoothly. Whether it’s Ethereum, Binance Smart Chain, or Polygon, users can convert back and forth without limitations.
Not many coins take advantage of decentralization, which is why Celadon integrated swapping. Users will experience true freedom with their crypto investments, able to weave between blockchains with ease.
Crypto whales can take control of the market with their acquirement of large amounts of tokens. CELA worked to eliminate that by capping quantities per individual investor, ensuring that values are true-to-market and not in the control of a sole investor.
Celadon in Circulation
Upon release, Celadon only released 1 billion coins. DogeCoin scattered 420 quadrillions across the market and Shiba Inu 549 trillion. These massive numbers in circulation can drag values down, which is why Celadon took a conservative approach.
Celadon burned 10%, only leaving 900 million in circulation. This comparatively low circulation drives up value, stabilizing the Celadon coin price. Celadon price predictions for 2022 have a bright future too, with phase 1 in full swing and phase 2 set to follow soon after.
For those looking for what crypto to invest in, Celadon is a good choice. Its low circulation and ability to bring the decentralized and crowded crypto market together make it a solid choice for any investor. With more than 18,000 coins on the market, only Celadon coin is focused on doing things differently, which is why it is better than both DogeCoin and Shiba Inu.
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