The question of a cryptocurrency having potential is an intriguing one.
While a crypto project may have aims and objectives that could benefit the digital asset space for the better, the volatility of the market means there is rarely anything garunteed in the cryptocurrency industry.
The likes of Dogecoin (DOGE) is one of the biggest cryptocurrencies in the world despite its original aims having nothing to do with improving the crypto space for others.
FIREPIN Token (FRPN) on the other hand is very much still finding its way in the industry as a crypto that’s still in its presale but possesses fascinating use-cases.
Can FIREPIN Token (FRPN) conquer the digital asset space when launched?
It’s a tall order for any cryptocurrency to conquer any sector that they’re in, especially one that’s still in presale like FIREPIN Token (FRPN).
FIREPIN Token has multiple use-cases in various spaces of the digital asset industry which makes it a project worth knowing and potentially worth investing in.
A percentage of each FRPN transaction will go towards the project’s treasury fund which in turn will be used to invest in both the Metaverse and NFT industries.
Further investment into 3D metaverse games, NFT game development and companies that look to develop play-to-earn (P2E) games have been planned by the FIREPIN team.
As a community-led DAO (decentralised autonomous organisation), FIREPIN places a huge emphasis on its community and their ability to vote and participate in proposals that will decide the future of the project.
With FIREPIN in the second phase of its presale and with eight days to go till it reaches its third and final phase, the crypto continues to flourish until its last days before fully launching.
FIREPIN’s presale price began at a lowly $0.000067 and has recently surpassed the price of $0.0023, demonstrating the continuing success that this project continues to have.
While its investment in the virtual reality industry has surely earned it a loyal following, its work on the interoperability between blockchains is what may set them apart.
Enabling users to choose between up to five blockchains to undertake their transactions with users able to consider the cost and transaction speed is a milestone moment for crypto users.
FIREPIN Token (FRPN) has a lot going for it and with the opportunity to invest in its presale getting smaller by the day.
Has Elon Musk’s influence dried up Dogecoin’s (DOGE) surge?
Elon Musk undoubtedly has had a huge impact on Dogecoin’s (DOGE) price rises since the coin exploded with popularity back in 2020.
However, as a credit to Dogecoin, they’ve established themselves as a crypto powerhouse as they rank as the 12th biggest cryptocurrency in the world, amassing a market cap of over $17 billion, according to data from CoinMarketCap.
Musk’s recent announcement stated that he agreed on a deal to purchase Twitter for $44 billion shot up the value of DOGE by 40% but the crypto soon declined, suffering a dip of over 16% in the past seven days.