Cryptocurrencies that can Make you Filthy Rich: Tezos (XTZ), Terra (LUNA) and FIREPIN Token (FRPN)
The altcoin frenzy of 2021 increased cryptocurrency’s global popularity and attracted many new investors.
Tezos (XTZ) and Terra (LUNA) both had tremendous growth in 2021, with the latter establishing itself as a top 10 currency.
FIREPIN Token (FRPN) entered the cryptocurrency market very recently and has had a wild journey so far, with the project now in phase two of its presale.
Let us examine these tokens in further detail and explore why they should be considered for your portfolio.
Tezos (XTZ) is a long-standing smart contract cryptocurrency. However, it did not rise at the same rate as currencies such as Solana (SOL) last year.
This might result from management troubles and litigation that followed the project’s initial coin offering (ICO), undermining investor trust. However, the tide may be turning.
Tezos (XTZ) is ready to embark on a significant upgrade, and the company is also gaining headway in the NFT area. NFT markets, notably Rarible, provide NFTs based on Tezos (XTZ).
According to a recent Coinbase survey, many users want the Tezos (XTZ) network to be included in the NFT platform. Tezos advertises itself as an ecologically friendly alternative to Ethereum (ETH).
Tezos has strong potential to become a rapidly rising cryptocurrency that provides investors with substantial profits.
Terra (LUNA) has developed into one of the most programmable cryptocurrencies, and has grown to become a significant player in the DeFi sector. The architecture is intended to facilitate the development of decentralised apps and stablecoins.
Terra (LUNA) is one of the most forward-thinking cryptocurrency ideas currently available. It addresses the issue of volatility in a novel method that does not jeopardise the basic ideas that drive the cryptocurrency universe’s profit-making.
Terra (LUNA) was once valued at less than $1 per coin two years ago. The currency hit an all-time high of $103 at the end of last year. The LUNA is projected to continue its upward trajectory in the next few years.
Firepin Token (FRPN)
FIREPIN Token (FRPN) is a project that intends to affect several sectors of the digital asset business by enabling users to connect to up to five different blockchains to exchange FRPN tokens, including Polygon (MATIC), Solana (SOL), Binance Smart Chain (BSC), Avalanche (AVAX), and Ethereum (ETH).
Along with its multi-chain capabilities, FIREPIN focuses on investing in the Metaverse and Next-Generation Telecommunications (NFT) businesses.
The project intends to build 3D Metaverse VR games, NFT game creation, the 3D industry, and play-to-earn (P2E) games using cash from its treasury funds.
FIREPIN is also a DAO platform (decentralised autonomous organisation), allowing its community to vote on project choices.
We are actually at the start of this project, which will be listed on PancakeSwap (CAKE) and Uniswap (UNI) in May and will begin its multi-chain implementation in June.
All three of these cryptocurrencies, Tezos (XTZ), Terra (LUNA), and Firepin Token (FRPN), have a good potential of generating significant profits, with Firepin Token having a slightly better probability owing to its presale status.
The cryptocurrency market is infamous for its volatility, and the blockchain sector is cutthroat. Consequently, investors may benefit from following this straightforward guideline: Create a diverse portfolio, beginning with a combination of equities and cryptocurrencies.