3 Top Crypto Choices For NFTs – Parody Coin (PARO), Solana (SOL), and Axie Infinity (AXS), which could make you millions
Parody Coin (PARO) is shaping up to be one of the top choices for creating parodies of Ethereum (ETH) and other blockchain network-based parodies, of popular and favourite Non Fungible Tokens (NFTs). As the token is still in its presale stage, it shows a lot of potential to take on older cryptos as the next millionaire-making crypto.
NFT Parodies with Parody Coin (PARO):
Parody Coin (PARO) is set to shake up and revolutionise the crypto trading platform, with its Decentralized Applications (DApps) that run on the BNB Smart Chain (BNB). It has a simple user interface, that makes it easier for members and investors to create parodies of popular Non Fungible Tokens (NFTs) that are based on the BNB Smart Chain (BNB), Ethereum (ETH), and other blockchains. The original owners of the NFTs can go on to own the Parody tokens by burning or locking in their original NFT creations.
It is a deflationary utility coin that is built on BEP-20, a Binance Smart Chain and is quickly growing to become a popular choice among the public for its huge potential for passive income. The parodies of popular NFT tokens that are created can be accessed, mined, and traded on the blockchain.
Also, according to their white paper, before the initial DEX Offering (IDO), Parody Coin (PARO) will be minting a total of 300 million PARO tokens.
Parody Coin (PARO) is still in its pre-sale phase but it has already had substantial attention, which will help in the token’s popularity.
Caprice Finance (CFT) is a multi-chain deflationary token like Parody Coin (PARO), which is currently in its presale phase. The CFT token will be available on multiple blockchains including Polygon (MATIC), Ethereum (ETH), and BNB Smart Chain (BNB). The creators have plans to design a Metaverse and NFT space. Caprice Finance’s (CFT) NFT marketplace will allow members to transfer and burn their NFTs, on the Caprice Finance blockchain. It will also allow NFT creators to request royalties and to trade their NFT tokens easily.
Solana (SOL) Endorsed By OpenSea For NFTs
Despite being Solana’s (SOL) biggest competitor, among others, in the NFT market, OpenSea has been very open and outspoken about its endorsement of and belief in Solana (SOL) and has even recently included Solana (SOL) NFTs in their market place.
Solana (SOL) has already solved one of the major challenges of the NFT marketplace, which is its high gas fees. The blockchain has acquired a lot of new users, due to its relatively cheaper costs and it also happens to be very fast. Running at 65,000 transactions per second (TPS) is quite a feat, especially compared with Bitcoin (BTC) which can only handle 7 transactions per second (TPS).
Axie Infinity (AXS)
There were a lot of good cryptocurrencies in 2021 but Axie Infinity (AXS) was a top-performing one. It is a blockchain-based Metaverse game, that earns people real money. To be able to play, one would have to buy 3 NFTs in the form of “Axies”, and they can be used to battle other players or computerized opponents. These Axies can also be traded with other players, or be bred to make other Axies that can then be sold for money.
Playing the game, you can earn Smooth Love Potion (SLP) tokens which are different from AXS. Smooth Love Potion tokens can be traded with different cryptos on exchanges.
Axie Infinity (AXS) rose in 2021 by a massive 17,000% which means people who invested in it at the right periods got huge returns on their investment.
To Wrap Up…
NFTs are a game-changer in both the digital world and the crypto world, and this means that any project or platform associated with it will reap great benefits. So, adding a cryptocurrency like Parody Coin (PARO) to your portfolio will prove to be a wise choice and investment and it could make its users millions in the future.