The crypto markets are notoriously volatile. Many of the major coins are up 10% one day, then back down 15% the next. At the time of writing, Bitcoin (BTC) was 7.1% down from where it sat the day before. When investing in crypto one of the best things to do is buy the dip and always take profits on the way up.
Ripple (XRP) and Cardano (ADA) are two of the main pillars of the crypto world. They have been constantly in and amongst the top 10 cryptos for a while now. Over the past few days, these tokens’ prices have fluctuated greatly.
Many savvy investors are looking for new ways to make their millions. One way they’re achieving this is by investing in presales. FIREPIN Token(FRPN) is going from strength to strength and has little over a month before its initial presale.
Ripple (XRP) was one of the very few coins that failed to reach a new all-time high price in 2021. This is because the project has been locked in a lawsuit with the SEC for over a year now. Despite this, $XRP remains the 6th largest cryptocurrency by market cap. Used as a formula to dramatically increase the efficiency of cross border payments, $XRP is expected to be one of the most popular cryptocurrencies for years to come.
The price of $XRP has seesawed between $0.60 and $1.00 pretty consistently over the last couple of months but many predict that once the lawsuit is over, the suppressed price could explode. $XRP finished the 2018 bull run with the same market cap as Ethereum (ETH). Considering this we can assume that the token would be worth $6.48 currently if it was still at that level.
Cardano (ADA) is a public blockchain platform. It is decentralised and open-source, with
consensus achieved through Proof of Stake (PoS). It enables peer-to-peer transactions through the use of its internal cryptocurrency, $ADA. Cardano was founded in 2015 by Charles Hoskinson, co-founder of Ethereum. The price of $ADA rose throughout the early months of 2021 but has been on a steady decline since September.
Whales, or institutional investors, appear to be bargain shopping for Cardano’s ADA coin, as the programmable blockchain’s decentralised finance (DeFi) protocols experience rapid growth. Last week saw an increase in the balance of addresses that hold between one and ten million ADA tokens, rising to 12 billion $ADA ($9.72 billion.) this is up 41% since the end of January.
FIREPIN Token’s (FRPN) impressive presale continues to march on. $FRPN is up nearly 300% in just two weeks and shows no signs of slowing down. With just over 30 days of the presale remaining, there is still plenty of time to buy. Looking at the success of other presales, particularly Filecoin (FIL) there are some estimations that $FRPN could rise at least another 2000% before its official launch.
FIREPIN Token aspires to be the top Metaverse NFT game development company. It will be a community-based ecosystem that allows the holders of the token to decide the future of the project. NFTs remain popular among crypto traders but gas fees remain high when buying on Ethereum. FIREPIN Token plans to allow its users to bridge between five of the top smart contract platforms (Ethereum, Binance, Polygon, Solana and Avalanche) to find the most efficient blockchain at that particular time for their transaction.
Find out more here:
Join Presale: https://presale.firepin.io/login
Website: https://firepin.io/
(ThePrint ValueAd Initiative content is a paid-for, sponsored article. Journalists of ThePrint are not involved in reporting or writing it.)
Credit: Source link
