We may be in a heavy bear market at the moment, the end of which does not seem to be in sight, but they don’t care about that at the Dutch Anycoin Direct. They keep an eye on the future and in this context they are introducing three new coins on the platform. These are Flow (FLOW), Klaytn (KLAY) and PAX Gold (PAXG).
Let’s take a closer look at those three coins.
Flow
Starting with Flow, a project originally set up to focus on the gaming industry, but nowadays doing much more. Flow made the crypto news several times last year with major projects within the NFT world. Think NBA Top Shot, which is a popular collection of the project.
In addition, Flow has some major collaborations within the tech world. Consider, for example, the collaboration with Instagram, which uses Flow’s blockchain for NFTs. Furthermore, several large parties are behind Flow as investors. You should think of parties such as a16zcrypto, Coinbase Ventures, Samsung NEXT and the Digital Currency Group.
You probably know the Digital Currency Group from Grayscale Investments and Coindesk. Two gigantic companies from the crypto industry that this company hangs over as the parent company. In that respect, Anycoin Direct adds a big name to its platform with Flow.
Want to read more about this Dutch trading platform? Read the Anycoin Direct review here.
Klaytn
Then it’s time for Klaytn (KLAY). Klaytn is another project that focuses on things like the metaverse, gamefi and the fascinating world of Web3. The blockchain of this project was developed by the South Korean internet company Kakao. Klaytn is basically a project set up to help companies set up blockchain solutions.
We also call these types of projects enterprise blockchain platforms. Klaytn’s blockchain launched in June 2019 and has become a big name in the industry in a relatively short time. What the future holds for the KLAY token is hard to say, but the project can now be found at number 69 on CoinMarketCap.
At current prices, the project has a market cap of approximately $500 million, making it a gigantic undertaking. That was reason enough for Anycoin Direct to also add this project to their coin offering.
Paxgold
Paxgold (PAXG) is perhaps the most interesting coin of the three. This is a kind of stablecoin that is backed by physical gold. Each PAXG token is backed by one troy ounce of a 400 oz London Good Delivery gold bar, which is stored in Brink’s vaults.
This crypto is therefore an easy way to invest in physical gold, something that is a popular pastime with all the inflation we see today. The value of this coin is completely tied to gold and does nothing else. If you are interested in adding gold to your portfolio, this could be a very interesting option.
It is striking that the Paxgold token is currently trading at USD 1,789.77, which means that the price is slightly lower than the official gold price of USD 1,793.91. Reason enough for Anycoin Direct to also add this coin to their trading platform.
You can find these three new cryptocurrencies here create an account with Anycoin Direct.