Now is more than ever a fantastic buy point in the world of cryptocurrency. Many of the major coins have experienced comprehensive losses of up to 25% over the past week. For many traders, these low prices will be snapped up, while long term holders will continue to dollar cost average into the established projects.
Cardano (ADA) and Polkadot (DOT) are expected to rebound from their current price and the red hot presale of FIREPIN Token (FRPN) continues at a speedy pace.
Cardano (ADA)
Cardano (ADA) has been a mainstay in the list of top 10 cryptocurrencies for a few years now. The decentralised platform enables sophisticated programmable value transfers in a safe and scalable manner. Cardano (ADA) plans to launch smart contract capabilities which should allow it to compete with the likes of Ethereum (ETH) and Solana (SOL).
Many crypto experts believe that if ADA can launch its smart contract platform then it will be able to knock Ethereum (ETH) off the top spot as the number one smart contract provider.
Taking this into consideration, we can see that the current price of ADA is significantly undervalued. Currently trading at $0.95, the token would be worth $11.36 if it had the same market cap as Ethereum (ETH), a 10x from its current value.
Polkadot (DOT)
Polkadot (DOT), like Cardano (ADA), has been around for many years now. While it didn’t see the gains that most of the crypto market saw in 2021, Polkadot (DOT) did maintain its position in the top 20.
Polkadot (DOT) is a decentralised cryptocurrency that makes use of cutting-edge technology. DOT can link blockchains using a mechanism called ‘parachains’, which enables them to interact.
As most blockchains are independent of each other, it becomes hard for them to work and communicate together. Polkadot (DOT) nullifies these issues, resulting in a considerable increase in blockchain efficiency and scalability.
With the price of DOT down 22% from this time last week, now could be a fantastic buying opportunity for short and long term traders alike.
FIREPIN Token (FRPN)
FIREPIN Token (FRPN) is a decentralised autonomous organisation (DAO) with Metaverse integrations that wants to build the number one community-driven cryptocurrency. NFTs have the potential to be utilised in virtually all aspects of life, and we are likely to begin utilising them in some capacity within the next few years. FIREPIN Token will operate as a bridge between five of the most efficient smart contract platforms, which will be extremely advantageous to the world of NFTs.
The five networks are:
- Ethereum (ETH)
- Binance (BNB)
- Solana (SOL)
- Avalanche (AVAX)
- Polygon (MATIC)
The presale of FIREPIN Token (FRPN) has been going at a scorching pace. In just phase one alone, the DeFi token has risen by 2700%. With two more phases of the presale remaining, there is the potential to double those gains and then some.
FIREPIN Token (FRPN) has been designed with long term holders in mind. A unique airdrop feature will transfer additional FRPN tokens into the wallets of all current holders regularly. This is made possible by a 2% tax fee taken from every transaction made on the network.
The crypto charts are down. If you have some spare money that you can invest in the space then now could be one of the best times to do so. Cardano (ADA) and Polkadot (DOT) should both see rebounds from their current prices whilst the presale of FIREPIN Token (FRPN) is making a lot of people money already.
Join Presale: https://presale.firepin.io/login
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