LATOKEN Review. Ethereum — Altcoin with Explosive Growth Potential?

Here’s another LATOKEN review, and we want to talk about Ethereum and name the fundamental factors that, in theory, might provoke the “explosive” growth of Ethereum (ETH).

Ethereum’s “London” hard fork

Token burning is the destruction of a certain number of tokens to reduce their number in circulation. This method is used to combat inflation and increase the value of cryptocurrencies. All coin-burning operations are recorded on the blockchain as a transaction, so anyone can verify that the coins have been destroyed.

Do you want to know more about token burning? Then read the article “What is token burning, and why are developers destroying cryptocurrency?”

According to the ultrasound.money service, since the activation of the update, more than 134.8 thousand Ethereum worth $427,5 million have been burned in the altcoin network. The average burn rate per minute is 3.77 Ethereum.

The decline in net inflation

Growth of funds blocked in DeFi

If you want to learn more about crypto projects, different tokens through LATOKEN Review, and tips on avoiding becoming a victim of a crypto scam, follow us on Medium, LATOKEN Blog, or LATOKEN VCTV channels.

About LATOKEN

LATOKEN brings commerce and banking to blockchain technology to automate transaction processing and save billions of working hours per year. Only one year after its launch, LATOKEN got 850,000+ downloads on Google Play and 1,200,000+ subscribers on social networks. Entrepreneurs and business owners who look for funding can also consider the LATOKEN IEO Launchpad. More than 300 digital assets and 500 crypto pairs are available for traders with the ability to connect using RESTful APIs or WebSocket.

What is more, LATOKEN has recently launched a P2P service for its users to improve the trader experience further. And the cherry on top, LATOKEN hosted the Blockchain Economic Forum last year. BEF Roadshows connect crypto investors with business people to build the next big things.

LATOKEN does not provide investment, tax, legal, or accounting advice. This article is written for informational purposes only. Like many other assets, cryptocurrencies are subject to high market risk. Please trade with caution.

#1 cryptocurrency exchange in liquidity for new digital assets and the leading platform for compliant multi-asset tokenization. http://go.latoken.com/start