Place/Date: - May 6th, 2022 at 8:15 pm UTC · 3 min read
Source: FIREPIN (FRPN)
FIREPIN (FRPN), Monero (XMR), and Stellar (XLM) could deliver huge gains in the long term and can be bought in 2022 as they are set to declare new updates that strengthen their ecosystem. All three coins possess unique utility that makes them strong bets for 2022. The FIREPIN ecosystem will house an NFT marketplace and metaverse while Stellar and Monero are also coming up with huge updates and announcements in the near future.
The Monero blockchain recently announced the completion of 8 years of successful operations. The XMR token is due for a fork upgrade in July 2022. Monero is one of the strongest privacy coins and has huge use cases in identity verification and the health care industry where privacy guarantees are necessary. Monero transactions have grown from 10,000 per day to 23,000 per day in 2021.
FIREPIN could establish a new record after listing if the buy volumes are any indicators. You can also participate in the presale and pay through their accepted cryptocurrencies.
The FIREPIN project aims to become a one-stop platform for both NFT and Metaverse users. It will allow users to mint NFTs and swap them on multiple networks. This will allow users to save on gas fees and book greater profits. Ethereum gas fees have risen very high resulting in a loss while trading for most users. However, the FIREPIN swap once functional will be multi-chain and will enable users to transfer token through several networks.
Users will receive free airdrops by holding onto FRPN tokens. The FRPN token can also be staked and farmed for generating additional income. The initial liquidity is locked for a period of two years so users will not face any issues while trading on the platform.
The project will be run on a democratic system, through a community-led DAO. Decentralized Autonomous Organizations have become popular as community members demand a greater say in projects supported by them.
Stellar (XLM) is built for small transactions and charges comparatively lower fees for processing cross-border payments. It has become the network of choice for processing remittances along with Ripple. The XLM coin is a great investment instrument and should be added for generating a crypto portfolio that can be risk-proof in the near future. However, do your own research and stay updated. The Stellar Foundation shares regular updates through its site and social media channels.
It is best to divide your capital fund into these three coins as over-exposure to one token can harm your profits. A greater allocation can be made towards FIREPIN as it is a small-cap token and the potential upside for this coin could be relatively higher than the other two. However, it is up to you to decide what allocation suits your crypto portfolio. Actively research the project and follow its progress before making an investment decision.
Head over to the presale site and register easily at the click of a button by completing a few mandatory steps. Monero, Stellar, and FIREPIN may provide the necessary thrust to your crypto portfolio and deliver big profits over the long term. Identify suitable entry price points and bring down your average purchase price for booking great profits in the future.