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Tuesday, April 16, 2024

3 cryptocurrencies you need for your portfolio – Ethereum, XRP & FIREPIN Token (FRPN)

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After a slow start, 2022 is shaping up to be an even more successful year than 2021 in the world of cryptocurrency. The two market leaders Bitcoin (BTC) and Ethereum (ETH) are predicted to hit $100,000 and $10,000 respectively. As the rest of the market tends to follow the trend of the two powerhouses, now could be one of the best times to invest in cryptocurrency. XRP (XRP) & FIREPIN Token (FRPN) are two coins that could benefit the most from the 2022 bull run.

Ethereum

Ethereum (ETH) is the second-largest cryptocurrency by market cap, trailing only Bitcoin (BTC). Despite its high gas fees and slow transaction speeds, Ethereum has remained popular with investors and developers alike. Several “Ethereum killers” such as Solana (SOL) and Avalanche (AVAX) attempted to dethrone the smart contract king last year.

The much-anticipated upgrade to ETH 2.0 is scheduled to debut this year and will address many of the platform’s flaws. If and when ETH 2.0 goes online, the coin’s price is expected to hit at least $10,000. With the advancement of blockchain technology, it is widely believed that Ethereum (ETH) has the capabilities to eventually overthrow Bitcoin (BTC) as the number one cryptocurrency.

XRP

By employing the most sophisticated blockchain technology for global payments, XRP is the native token that powers RippleNet. XRP enables you to move money to every corner of the world instantly and efficiently.

XRP and ETH were fighting neck and neck during the 2017 bull run to become the number one altcoin. If this was still the case today, the price of XRP would be $7.61 which is 10x from its current price of $0.71.

The Securities & Exchanges Commission (SEC) filed a lawsuit against Ripple Labs at the end of 2020, which understandably dissuaded many investors away from trading their native coin. The price has continued to be suppressed ever since.

Consider a future in which money could reach a receiver halfway around the world in less than a second, rather than the present lengthy and difficult process. If and when the SEC’s action against Ripple Labs is abandoned, the coin’s price is expected to explode to new highs. 

FIREPIN

FIREPIN Token (FRPN) strives to be a Metaverse implemented, decentralised autonomous organisation (DAO), which means that token holders will have control over the ecosystem’s structure and growth. 

Among other features, FIREPIN Token (FRPN) plans have a decentralised exchange, NFTs, Metaverse, and gaming integration. Regularly, an auto airdrop will reward long-term holders with more tokens. This is made feasible by the network’s 2% transaction charge. 

Additionally, users of the token will be able to utilise it as a bridge between up to five other networks (BNB Chain, Ethereum, Polygon, Avalanche & Solana).

The presale of FIREPIN Token (FRPN) is about to enter phase two. Throughout phase one, the DeFi protocol has seen phenomenal growth. If it can match the success in phases two and three then the coin could see at least another 2000% growth.

This is just the beginning for FIREPIN Token (FRPN). After its presale, it will launch on decentralised exchanges (DEX) and become available for trading. Over the coming years, this coin could see exponential growth compared to the likes of Ethereum and XRP.

Find Out More Here:

Join Presale: https://presale.firepin.io/register  

(ThePrint ValueAd Initiative content is a paid-for, sponsored article. Journalists of ThePrint are not involved in reporting or writing it.) 


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