Bitcoin (BTC), RenQ Finance (RENQ), and Solana (SOL) set to surge soon

Established cryptocurrencies such as BTC and SOL are expected to rally after the hits they suffered in the last bear market.

In addition, RENQ, the latest crypto innovation, is set for significant growth shortly and it is ready to give investors a high return on investment.

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RenQ Finance (RENQ) Overview

RenQ Finance has a unique design and boasts an ecosystem that connects existing, isolated blockchain platforms to facilitate value exchange. The decentralized platform operates autonomously and anonymously in accordance with DeFi principles.

RenQ protects the user by giving them complete access to their assets, in contrast to CEXs that deny consumers custody of their cash and further expose users to the dangers of theft and bankruptcy.

“Not your keys, not your wallet,” Money stored in a user’s wallet can only be accessed via the wallet’s private key, and RenQ doesn’t withhold this from the users.

Also, the optional but crucial additional security measure of two-factor authentication is used to protect the private key (2FA).

RenQ addresses the liquidity challenge that DeFi platforms have struggled to resolve by connecting multiple crypto markets and digital instruments, giving customers a diverse array of options for any transaction.

RenQ Finance is set to eradicate the “liquidity crunch,” a term used to describe the delay users face when withdrawing funds because a crypto exchange lacks adequate assets.

RENQ is the native token operational on the RenQ Finance platform, the ERC-20 token is primarily used for governance amidst other functions.

Having only started its presale recently and already seeing rising prices as its demand has increased in the first and second phase of the presale, the value of the RENQ token is expected to make a major move as the months ahead progresses.

The demand for RENQ tokens is increasing by the day and this will positively contribute to its price surge, experts predict a minimum of 10X for the short-term increase.

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Bitcoin (BTC)

Bitcoin, the first cryptocurrency created by Satoshi Nakamoto in 2009, operates on a proof-of-work model and has a maximum supply of 21 million, of which over 19 million units are already in circulation.

Bitcoin has experienced significant periods of success over the last decade. On November 10, 2021, it reached its highest price yet at $68,770. Its current market capitalization is $457 billion, and it controls 41.61% of the Crypto market.

In the last 24 hours, the price of BTC rose by 2.72%. On average, Bitcoin has grown by 742.89% annually in recent times, leading experts to predict another surge in the coming months.

BTC has climbed over 40% from the $15,000 zone in the last three months, signaling a bullish momentum expected to continue in the months ahead.

Solana (SOL)

Solana is a permissionlessblockchain with high-performance capabilities that combines the Proof-of-Stake (PoS) consensus method with the Proof-of-History (PoH) mechanism to achieve high throughput while maintaining network security. The Solana blockchain architecture theoretically supports up to 710K transactions per second (TPS).

In the last 24 hours, the price of Solana has risen 0.71% to trade at around $23.

On November 6, 2021, Solana reached its highest price ever at $259.52.

Solana has been experiencing a price recovery over the last three months and is expected to continue to surge in the coming months alongside RenQ Finance and Bitcoin.

Visit the links below for more information about RenQ Finance (RENQ):

Presale: https://renq.io

Whitepaper: https://renq.io/whitepaper.pdf

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