Amongst 17000+ currencies currently available in the market, one would search for the currencies that would be the next big hit and generate high returns. However, accurate knowledge of cryptocurrencies, their features, market performance, and potential return generation would be some of the features that an investor should look for in 2022.
The following three currencies, Firepin Token (FRPN), Ethereum (ETH), and Litecoin (LTC), could potentially be the ones that could prove to be intelligent investment options during the crypto crash amongst thousands of other coins.
Firepin Token (FRPN) – A New Coin With Enhanced Features
This brand-new DAO coin has attracted analysts and investors after two successful crypto market presale phases, and is considered a potential hit. The coin’s futuristic features pave the road for a successful take-off.
Some of the features are the goal to connect multiple blockchains like Ethereum (ETH), Binance Smart Chain (BNB) and Polygon (MATIC); where they aim to develop an NFT Platform that will enable the members to represent, trade and breakdown the NFTs into smaller units. And in the Firepin Metaverse; they aim to develop Metaverse VR games and NFTs.
Hence, for investors and analysts looking for a long-term investment plan in the crypto world, Firepin Token (FRPN) could be a potential choice.
Ethereum (ETH) – Famous and Stable
Ethereum (ETH) is perceived as the second most famous cryptocurrency, and it is currently supported by around 3000 decentralised applications and 120 million coins. It is seemingly one of the more stable and used altcoins in existence.
More applications and users have enabled many other currencies to operate on the Ethereum blockchain. This altcoin is a decentralised, open-source, smart contract blockchain network with a Proof of Work (PoW) model.
The tech niche appears to appreciate this coin a lot, mainly because of its usage in gaming, decentralised finance (DeFi), music, and entertainment.
The features mentioned above of the coin could make it a potential investment option this year.
Reliable Litecoin (LTC) in the Top 20
As the first altcoin launched in 2011, it is still considered one of the ranked coins within CoinMarketCap’s top 20 cryptos. It is also known as the Lite version of Bitcoin (BTC) but with enhanced features that aim to provide fast, secure, and low-cost payments that function with the Bitcoin-fork blockchain.
It uses the Proof of Work (PoW) consensus mechanism. It is a decentralised coin for trading goods and services that are recorded on a secure public digital ledger, a blockchain, called Litecoin Network.
Litecoin (LTC) is still relevant despite its product cycle stage, and with over 2000 merchants and stores globally, as of Jan 2021, it might be a good investment option.
In the cryptocurrency world, if a coin could provide either of these characteristics, such as enhanced features, stability, or reliability would be considered an intelligent investment.
Therefore, Firepin Token (FRPN), as a new coin with enhanced features, would be worth considering alongside Ethereum (ETH) being a stable cryptocurrency and Litecoin (LTC) providing reliability and relevance to the market. Click on the links below to find more about the new cryptocurrency.
Tags assigned to this article: