Place/Date: - March 2nd, 2022 at 11:05 am UTC · 4 min read
With the massive number of cryptocurrencies being released this year it’s hard to identify which will have the most potential. However, historical data indicates that investing early in cryptos with solid fundamentals and utility leads to exponential returns. For example, the first adopters of cryptos like Shiba Inu (SHIB) or Dogecoin (DOGE) in 2021 resulted in some holders becoming millionaires at their peak, off a small initial investment as low as $150.
Fantom (FTX), Terra (LUNA), and FIREPIN (FRPN) may provide investors with a higher rate of return in 2022 than Bitcoin (BTC) and Ethereum (ETH). This is because “large-cap” cryptocurrencies have already seen massive price increases and established themselves, making additional exponential increases improbable.
So let’s take a look at the most promising “small cap” cryptocurrencies for 2022.
Terra is one of the fastest-growing blockchain’s on the market at the moment. in terms of DeFi, NFT markets, and Web 3, resulting in a dramatic price increase. Luna’s price recently fell to as low as $38.66 before quickly rebounding to surpass the $100 mark.
Terra shareholders will have to keep a close eye on LUNA’s progress. If the token continues to grow at a positive rate, it has a chance to surpass other rapidly growing cryptocurrencies like Avalanche (AVAX) and Polkadot (DOT).
At the moment, Fantom is following a similar pattern to that of other layer-1 projects. Alternatives to Bitcoin (BTC) and Ethereum (ETH) have seen a huge rise in price recently mainly due to Ethereum’s high gas fee. Fantom’s (FTM) transaction fees are significantly lower and transaction speeds are significantly faster than those of Ethereum or Bitcoin.
The sharp increase in the price of Fantom’s native token (FTM) may also be a result of the platform’s growing number of DeFi projects with developers opting for less expensive networks to host their solutions. This is demonstrated by the impressive increase in Total Value Locked (TVL) over a relatively short period of time.
FIREPIN is a decentralized protocol backed by a Metaverse DAO. Decentralized Autonomous Organization’s (DAO) are not controlled by a single institution, such as a government or central bank, but are distributed across various computers, networks, and nodes. As a result, virtual currencies frequently leverage their decentralized nature to achieve levels of privacy and security that are typically not available to traditional currencies and their transactions.
DAO’s are a form of “democratic tokens” engineered to create and enhance a community of holders with voting power depending on how many tokens they hold. This means that decisions pertaining to FIREPIN (FRPN) will only be made once holders have voted on proposals. Decisions will be made based on the majority vote.
Through the Metaverse DAO, funds from users will go towards NFT Game development, 3D & Metaverse VR Games, along with investing directly into teams and corporations that have a long-term vision on Metaverse games and P2E.
The Metaverse is the new hot topic in cryptocurrencies at the moment as they are the perfect solution to monetize digital assets such as NFTs or within the Metaverse, and FIREPIN is perfectly primed to tap in this fast-growing market.
FIREPIN (FRPN) launched its presale this week, offering buyers the perfect opportunity to get in early. As Solana’s (SOL) meteoric increase of 40,000% last year demonstrates, buying early in these types of cryptocurrencies can result in massive returns.
In a world where cryptocurrencies move at a breakneck pace, investing early can result in massive profits on a small initial investment. FIREPIN may be the most recent and best opportunity to get in on the ground floor of the next gold rush.
FIREPIN links: Join Presale, Twitter, TikTok.