Blockchain technology is slowly but surely becoming more mainstream, with a growing number of businesses and organizations beginning to adopt it. One of the most popular blockchain platforms is Ethereum, which has been used by a number of high-profile projects. However, analysts are now beginning to get more excited about a newer project known as
My Freedom Coin (MFC) that operates on the BSC Smart Chain.
My Freedom Coin is one of the coins that have performed well in 2022 – a rare pick among the tyranny of coins that have collapsed over the last few months. The MFC’s price performance in comparison to Ethereum shows a coin that has been doing well. It also outperformed Ethereum in terms of growth in July of this year. Because of the developments the team is working on, the crypto community is very bullish on MFC.
What is My Freedom Coin?
My Freedom Coin is a decentralized cryptocurrency that offers a variety of unique features and benefits to its users. Analysts are amazed by the rapid dominance of the project among new cryptocurrencies.
MFC is a wallet, a store of welath, and an exchange all rolled into one, and it was designed from the ground up to be crashproof — an impressive feat in light of the recent horrors witnessed by participants of the Terra project.
MFC is more “stock-like” than other digital assets because it is not intended to be as volatile or susceptible to market crashes.
According to crypto experts and analysts, MFC is an innovation in the DeFi space, and it is attractive to cryptocurrency investors because it simplifies a complex process into a single investment vehicle with a failsafe structure.
What makes My Freedom Coin a top pick for your portfolio?
My Freedom Coin uses the Binance Smart Chain as its foundation. As a result of the coin’s valuation, all token holders profit from each transaction in the ecosystem, resulting in consistent and stable growth that benefits all shareholders.
MFC has a fixed supply of 7 billion coins, which have been distributed through a number of offerings. The proceeds from the sale of MFC coins are deposited into the BUSD Treasury.
This treasury amasses and holds sufficient funds to purchase every coin in circulation. This is known as ‘The Floor,’ and it refers to the absolute lowest price of a coin, which rises over time. Each new offering releases the coin at twice the ‘Floor Price,’ thereby increasing ‘The Floor’s’ value.
This program is impressive for token holders because it increases the stability and value of the asset. The protocol enables users to directly profit from each other through transaction fees, exchange fees, and loan interest. This alters the operation of conventional financial systems and provides all benefits to MFC holders.
The My Freedom Coin app is available on the App Store and Google Play. Interested parties may visit their website or check out their official Twitter, Telegram, Discord, and Reddit accounts. Use the code ‘CXPMGOSKJT’ to join the platform.
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