The cryptocurrency industry continues to grow at a rapid rate and has infiltrated most facets of society including sports, TV and film, music, and art.
With most cryptos, especially the most influential ones, several levels below their all-time high following $1 trillion being wiped off the global crypto market value in January of this year, bargains are available across the crypto market.
Litecoin (LTC) and Decentraland (MANA) are established cryptocurrencies with even more growth to experience in 2022 as FIREPIN Token (FRPN), the new crypto on the block, one yet to officially launch, has shown exciting potential on just how influential it can become in the digital space.
FIREPIN Token (FRPN)
For those wondering, if you’ve missed the boat with FIREPIN Token (FRPN), you’re in luck as the token just entered phase 1 of its presale this past week with 30 billion tokens of the 100 billion in total available for purchase throughout the entire presale.
A key difference between FIREPIN and other cryptocurrencies is that it’s community-led with many decisions to be made by the FIREPIN community.
Funds from the community, which is put into a treasury fund are used to develop NFT games as well as metaverse VR games and further development into the 3D space.
We’re just over one week into phase 1 of FIREPIN’s presale and it’s been a roaring success so far with early investors experiencing a 150% return on their investment.
Investors who put in $1,000 just one week ago would have secured an almost double return of $1,934.96.
The success doesn’t stop there with many analysts suggesting that a further surge of 1000% could be on the cards.
Join Presale: https://presale.firepin.io/login
As the largest metaverse cryptocurrency in the world with a market cap of $3.94 billion, Decentraland (MANA) is leading the path for metaverse-inspired cryptos.
Crypto also ranks as the 31st biggest cryptocurrency in the world, according to CoinMarketCap.
Decentraland is a decentralized virtual world software where users can buy and sell virtual plots of land.
With many believing that the metaverse is the next stage of social media and its importance and influence will only increase, some of these people have spent hundreds of thousands of dollars on virtual plots of land including Andrew Keagle, founder of Tokens.com, whose firm spent almost $2.5 million in Decentraland.
MANA is currently down 3.5% in the last seven days but to demonstrate how the metaverse has influenced the crypto market, a $1,000 investment into MANA in January 2021 would have brought a return of $39,000 at the end of 2021.
Originally, one of the first successful alternatives to Bitcoin, Litecoin has demonstrated itself as a top project, ranking as the 21st biggest cryptocurrency in the world, according to CoinMarketCap.
Its original aims of fast and cost-effective secure transactions on the blockchain continue to be a popular one as the altcoin increased by 230% during January and May of 2021.
Its all-time high of $410.26 was set in 2021 as Litecoin suffered a violent downturn in fortunes at the beginning of January as LTC currently trades at $100.67.
It’s not all bad news for Litecoin as the altcoin recently became the third most active blockchain in the world, having achieved $8.2 billion in transaction volume in 24 hours on the 5th of March.
Disclaimer: This is a paid press release and should not be viewed as a news or investment recommendation. Readers should conduct their own independent research before taking any actions related to the company, product, or project mentioned in this piece.