Place/Date: - June 26th, 2022 at 10:19 am UTC · 4 min read
Cryptocurrency investment requires a lot of research to identify the right coins. Many new tokens have appeared on the crypto markets lately. Some of them are backed by brilliant growth strategies whereas the rest seem pretty complex to understand. Being a wise investor, you should invest in an affordable cryptocurrency that may generate much higher returns in the future. We have evaluated many projects and found 3 promising cryptocurrencies. These 3 tokens are Firepin (FRPN), Near Protocol (NEAR), and Shiba Inu (SHIB). Let’s find out more about these tokens to understand how they may deliver better returns than other popular coins.
Firepin has introduced the FRPN Token to create the world’s largest community in the crypto industry. Investors, who join this community, will have the collective ownership of this decentralized platform. Users, who contribute to constructing and maintaining this platform, will gain rewards through the ecosystem.
Firepin is inviting experts and professionals with diverse viewpoints to establish a vibrant crypto community that didn’t exist till now! This platform will have a built-in swap mechanism to exchange crypto assets. It will reduce the cost of switching crypto assets and deliver popular crypto assets at the most reasonable prices. Developers are still working on the Swap Portal to create a flawless internal exchange for the FRPN Token holders.
The Firepin ecosystem will also feature an NFT marketplace to add and trade non-fungible tokens. NFTs have become popular digital assets in recent times and this platform will support ERC-20, Polygon ERC-20, and BEP-20 tokens.
Firepin community members will get support to turn their NFTs into child NFTs that they can trade in the FRPN metaverse. This platform will use the Protective Market Maker (PMM) algorithm to facilitate the trade of fractionalized NFTs.
This decentralized platform will charge a 2% fee whenever a transaction takes place on its DEX. Tokens charged as fees will be included in an airdrop pool.
Token holders will gain more tokens if they retain their tokens in the wallet for the long term. Therefore, FRPN tokens seem a great source of passive income and can be added for potential long-term gains.
Many blockchains will support the FRPN token and it has a unique value on each blockchain network. Although this new crypto asset is in the presale stage, it is attracting a lot of investors.
Shiba Inu (SHIB) is an ERC-20 token that uses the Shiba Inu dog as its mascot. This token was launched as a meme coin but no one had predicted that it will become the next big thing. It became the top alternative to other meme tokens and has attracted millions of crypto investors. This token was launched 7 years after the launch of Dogecoin and it still became popular as the “Dogecoin Killer”. Being a meme coin, SHIB was introduced to represent new ideas and hot trends. Many people are looking for meme coins and SHIB may again gain attention if investors decide to improve their collection of popular meme tokens. The SHIB Token can be added along with FRPN and NEAR for gaining potentially huge returns in the future.
Alexander Skidanov and Illia Polosukhin created the Near Protocol back in 2018. They introduced it as a smart contract capable, public POS blockchain. This platform hosts decentralized apps and competes with popular blockchains, such as Ethereum.
It is the only project that has consistently improved its technology to meet the demands of the “Open Web”. This platform aims to create a web network that no government, company, or individual can shut down. The platform also uses the NEAR token for transaction fees and staking. Near coin holders can act as validators and earn rewards in the form of the same token.
For more information about FIREPIN Token visit: Website, Presale, Twitter, Telegram, Instagram.