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n the last year, at the end of December 2020 and so far in 2021, cryptocurrencies have increased in value strongly, unleashing an impressive bull market. Currently, there are more than 9,000 cryptocurrencies on the market that anyone can acquire if they trust and like the project behind it. As we know, there are no borders in this world, the creators of the projects can live and settle anywhere. For this reason, in this article, we will show you the most important cryptocurrency projects in Latin America.
Founded and managed from Argentina, SOYA, has completed its development stage carried out by the Agrotoken company. The Argentine territory contains one of the best lands to grow wheat, soybeans, among other foods.
SOYA was created with the objective that its price is linked to soybeans. The value of the cryptocurrency SOYA will depend on the stock markets, which establish the price for a ton of soybeans, which is currently around 515 USD.
Brazilian Digital Token or BRZ as its token indicates it is a stablecoin (stable currency) created in Brazilian territory, which works within the Ethereum network (ERC 20). And, what is the function of BRZ? It was developed to balance the local currency of the country, that is, 1 vs 1, a Brazilian real is equal to 1 BRZ. Currently, Brazilian Digital Token is not found on too many exchanges. Among the list of the best exchange platforms, only Bittrex allows BRZ trading currently. But, it should not be noted that, in the future, other exchanges such as Binance, CoinBase, Kucoin, HotBit, among others allow it since this world progresses too fast.
Founded and managed from Argentina, SOYA, has completed its development stage carried out by the Agrotoken company. The Argentine territory contains one of the best lands to grow wheat, soybeans, among other foods.
SOYA was created with the objective that its price is linked to soybeans. The value of the cryptocurrency SOYA will depend on the stock markets, which establish the price for a ton of soybeans, which is currently around 515 USD.
Like, Brazilian Digital Token, Boliviarcoin (BOLI) was created in 2015, becoming a pioneer in cryptocurrencies in Latin America. Currently, BOLI is at one of the lowest values since its creation, close to 0.005 USD.
Much of the problems with its price comes from the great slump that cryptocurrencies have suffered since April where Bitcoin plummeted from $ 65,000 to $ 28,600 in a matter of weeks. In addition to this, we must add that, BOLI, is listed in very few exchanges, which makes it difficult for people to easily trade the token.
Kmushicoin (known in the market as KTV) is one of the most important cryptocurrencies in Colombia. It was created to combat the environmental problems of other tokens such as Bitcoin (BTC) and Ethereum (ETH).
And, how does Kmushicoin work? Once you buy the token, a percentage goes to the Tierra Viva company in charge of waste conversion. Currently, the price of KTV is $ 0.00016218.
NBR or also called Niobio is a Brazilian token introduced in its own blockchain network. The objective of NBR is to encourage and support the Brazilian economy, more than anything else, the country's mining sector.
So much so that 5% of the supply of Niobium is destined for mineral exploration in the Brazilian territory. Currently, it is priced at $ 0.17 per NBR and a market capitalization of $ 36,254, pretty good not to be listed on the best exchanges in the world.
Last but not least, JAC or better known as Jaspercoin appears on our list. This fantastic token, of Argentine origin, has its own blockchain network.
The objective of it is to link and incentivize sellers of regularly purchased goods such as drinks or food with users of cryptocurrencies. JAC's value proposition is that it offers a loyalty program to users in the form of discounts or collectible points on the network. In addition, JAC offers interested users to mine their token through few modern computers. How about Jaspercoin? Do you like their proposal?
Undoubtedly, cryptocurrencies in Latin America, both their exchange and the creation of new projects, is growing at unimaginable steps. In addition to that, the crypto world, is missing many years of progress.
