Investing in Tron (TRX), Tezos (XTZ), and FIREPIN Token (FRPN) makes perfect sense if you want to buy cryptocurrencies that can thrive in the oversaturated market. Let’s take a look at why these three digital assets are poised to provide outsized returns to long-term investors.
Tron (TRX) has a market cap of $6.3 billion, and the value of the TRX token has more than tripled in the last three years. To date, the Tron (TRX) ecosystem has over three billion transactions and close to 90 million on-chain users. The Tron (TRX) blockchain was completely decentralised and restructured into the Tron DAO in Q4 of 2021.
Tron (TRX) launched the USDD, a stablecoin pegged to the US dollar, on its blockchain last year. The USDD protocol will use a robust algorithm framework to keep the USDD stable at 1:1 against the USD.
Tron’s (TRX) blockchain, which aims to create a decentralised environment for content creators, can also process around 2,000 transactions per second.
Tezos (XTZ) has more than doubled investors’ wealth since the start of 2020, and currently has a market cap of $2.5 billion. The Tezos (XTZ) network allows for the execution of smart contracts. Owners of the XTZ token can vote on protocol upgrades, making it a more inclusive token.
Tezos (XTZ) is well positioned to reap the benefits of its blockchain network’s widespread adoption. Tezos (XTZ) announced in Q4 2020 that Societe Generale intends to use its network to create a digital currency in collaboration with a central bank.
Furthermore, crypto exchanges such as Coinbase and Binance support Tezos (XTZ) staking, which allows users to earn a passive income stream based on how many XTZ tokens they own.
Tezos (XTZ) announced last week that its blockchain network can now process 1,000 transactions per second. By contrast, Ethereum (ETH) network can process around 30 transactions per second.
The risks associated with investing in Tezos (XTZ) are higher due to its smaller size. However, for those looking to develop financial products on a blockchain, it may be the preferable network.
FIREPIN Token (FRPN)
The FIREPIN Token (FRPN) is currently in presale, allowing early investors to purchase the token at the lowest possible price. Furthermore, the presale will raise the token’s price prior to launch, allowing it to enter the market with a relatively high value while also maximising presale holders’ profits.
Since the start of its presale in February, it has risen to 0.0023, demonstrating that its value has more than quadrupled in just two months.
Furthermore, the value of early FIREPIN Token (FRPN) investors’ portfolios has increased by nearly 4000%. Many believe that before the presale ends in late May, an additional 1000% rise can be expected.
Holders of FIREPIN Token (FRPN) will have a say in the project’s direction as a community-led DAO, with a majority vote deciding the project’s plan.
FIREPIN’s (FRPN) plans to invest in the Metaverse and NFT industries, as well as P2E games, show how seriously the company takes the Metaverse virtual world industry and how much demand there is for it around the world.
FIREPIN Token (FRPN) also intends to support multi-chain integration, allowing users to conduct transactions on up to five different blockchains for a fraction of the cost of the gas fees on the likes of Ethereum (ETH) and such.