What is Wrapped NewYorkCoin
WNYC stands for Wrapped NewYorkCoin and is simply an BEP-20 token that represents NewYorkCoin. One WNYC equals one NYC. NYC can be converted into WNYC and vice-versa. Being an BEP-20 token makes the transfer of WNYC slower than normal NewYorkCoin, but the key advantage of WNYC is its integration into the world of Ethereum wallets, dapps, and smart contracts.
Wrapped NewYorkCoin vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, WNYC would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of WNYC might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including WNYC.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.
