Place/Date: - September 6th, 2022 at 5:15 pm UTC · 3 min read
As the bear market seemingly draws to an end, many traders are scrambling to invest in the most profitable cryptocurrencies available. It’s so intense that you’ll see tokens performing bullish in a short while because of their high demand. Nonetheless, this is a risky venture for long-term coin holders that could end with your money going down the drain.
The wisest thing to do is to look for tokens that show a lot of potential to provide short-term gains and pull through in the market. Stakenomics token (STAK) is a cryptocurrency token that looks towards providing early members profits and also solidifying itself in the DeFi space in no time. Let’s discuss why this token and old-timers Litecoin (LTC) and Filecoin (FIL) are great cryptocurrencies to invest in before 2022 ends.
STAK is the native cryptocurrency token of the Stakenomics ecosystem. It was designed to provide users with better utility in the crypto space through innovative technology.
As you may have guessed from its name, Stakenomics emphasizes providing excellent staking opportunities for its users. By holding cryptocurrencies and decentralized assets in their wallets for long periods, users can gain up to 30% annual interest.
Stakenomics (STAK) is also hosted on the Binance Smart Chain (BSC), which eliminates security risks and increases its chances of lasting in the DeFi space. Furthermore, it uses the prevailing proof-of-stake to validate transactions, making it a scalable and fast platform.
In addition to requiring very low gas fees from users when they make transactions using the Stakenomics token (STAK), Stakenomics will also offer incentives and rewards for users who trade with the token for long periods. One of Stakenomics’ most important projects is the decentralized exchange application it’s building. When launched, it will provide users with DeFi features such as yield farming, staking, and trading across several blockchains.
Another plan currently on the back burner is the crypto learning platform Stakenomics is developing. It will provide crypto learning resources and earning opportunities through this platform to enable users to make the most out of cryptocurrencies.
The STAK token is currently in pre-sale, and with these features, it seems like a good long-term investment. So, buying this token now is a great way to secure future returns.
Litecoin (LTC) began September with a bullish run. Moving up by 4 dollars to $59.4 on the second day of the fourth quarter, the cryptocurrency seems to be headed for price gains by the end of the year.
Released in 2011 as Bitcoin’s successor, Litcoin has garnered massive popularity. And even though the crypto dip has hit this coin, it shows much potential to peak soon.
Like Litecoin (LTC), Filecoin (FIL) began the last quarter of 2022 with a good head start. With a 2.72% increase on September 2nd, we can only hope this token continues to rise in value in the wake of the fading bear market.
Filecoin has a track record of performing well long-term, so holding this coin from now may be a great idea.
Stakenomics token (STAK), Litecoin (LTC), and Filecoin (FIL) are cryptocurrencies that you should keep an eye on if you’re looking for tokens to hold on to till the end of the year. These coins may just blow up in value based on the trends they show, so buying them now may just be the best decision you make before the year runs out.
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