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Top 3 Masternode Tokens to Watch in November 2022

Will Izuchukwu by Will Izuchukwu
November 30, 2022
in Featured, News
Reading Time: 4 mins read
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Masternodes are a component of the system that maintains cryptocurrencies operational. Then, Masternodes Tokens are the native coin that the masternode receives in exchange for its services. Masternodes are referred to as the governing body of cryptocurrency networks, and this is to their role in controlling the blockchain by validating new blocks.

Masternodes Tokens have a total market capitalization of $1,201,374,479 and a total trading volume of $171,243,123.

Note: This List is sorted by their market capitalization from lowest to highest

PIVX (PIVX)

  • Price Unit: $0.2479
  • Market Cap: $17,520,106
  • Distinct Features: The PIVX monetary policy is intended to create a sustainable infrastructure service that can support scalable, decentralized, and robust node architecture, enabling immediate, private transactions throughout the globe.

Protected Instant Verified Transaction (or eXchange) (PIVX), which went live on January 30th, 2016, is a decentralized, open-source, fair-launch blockchain and cryptocurrency project that is regulated, created, and overseen by a decentralized autonomous organization that is driven by the community (DAO).

To provide, first and foremost, user Financial Data Protection, it has been conceived, engineered, and tested utilizing modern cryptography methods. PIVX gives you the resources & tools you need to always be in control of your funds.

Through a Masternode network, which offers a decentralized voting method for governance, PIVX adds additional features, such as a second layer of functionality.

Exchange: PIVX is currently trading live on Binance, CoinEx, YoBit, VALR, and Bittrex exchanges.

Firo (FIRO)

  • Price Unit: $1.69
  • Market Cap: $19,826,658
  • Distinct Features: Like Sigma, Lelantus, Lelantus Spark, and MTP, Firo is one of a select group of projects that conducts independent research on blockchain privacy and decentralization technology.

Firo is a cryptocurrency and ecosystem that protects privacy.

With Lelantus and Lelantus Spark offering trustless, on-chain privacy with high anonymity sets, Firo is at the forefront of cryptocurrency privacy.

Firo employs a hybrid PoW and LLMQ Chainlocks system that combines equitable supply distribution with 51% attack protection and swift finality of blocks and transactions.

With use cases ranging from private stablecoins or voting tokens, Firo’s Elysium tokenization layer enables users to build their own privacy-enabled tokens and, in the future, will provide privacy for bridged assets from other chains.

Exchange: FIRO is currently trading live on Binance, MEXC, Tapbit, BingX, and Deepcoin exchanges.

Divi (DIVI)

  • Price Unit: $0.01706
  • Market Cap: $54,037,906
  • Distinct Features: Two guiding concepts of Divi’s eco-friendly blockchain initiative are self-custody and simplicity.

With its unwavering self-custodial solutions, Divi aims to simplify the complexity of blockchain technology. Divi provides a scalable FinTech solution that is prepared for widespread adoption by leveraging its proof of stake (POS) consensus method distributed over a varied network of individual nodes.

The mobile app from Divi, called DiviWallet, is entirely self-custodial and offers almost instantaneous global settlement and extremely minimal transaction fees.

Divi argues that real self-custody is the only kind of ownership that is actually secure, in contrast to other popular yield-earning options such as centralized exchange offerings, custodial asset managers, or smart-contract custody.

Exchange: DIVI is currently trading live on Bitrue, KuCoin, AscendEX (BitMax), BitGlobal, and StakeCube exchanges.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects.

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