It has been a wonderful and promising twelve months for the world of crypto, with many remarkable innovations and revolutionary coins, platforms and utilities. There is certainly a coin for every type of investor as there are a total of 17,000 cryptocurrencies. Have you found yours?
How Innovation Is Key
The crypto sphere never seizes to improve and accounts for plenty of revolutionary advancements each year. Amid all the action, the crypto market has recently surpassed a total of $2 trillion, a victory for the crypto economy. Rumour has it that there are about 19 crypto Billionaires and many more millionaires around the world. The good news is that you too can make this list! You do not need to be an expert crypto investor or a market analyst to see your money work for you and your profits grow. There are a few tricks that will maximise your gains such as knowing when to invest and what coins to invest in.
Top Money-Making Cryptos
Parody Coin (PARO)
Parody Coin is a deflationary utility coin and is built on a Binance Smart Chain (BEP20). Parody’s primary goal is to provide those who invest in it with a variety of possibilities for passive income and mostly involves minting, trading and selling parodies of popular NFTs.
The Coin is currently in its presale stage, already yielding lots of attention and success. This is because the platform comprises many attractive features, such as its main forms of utility. For instance, the Parody Swap is a place for investors to trade any cryptocurrency on any blockchain, for an equal amount of Parody coins and the Parody Bridge allows PARO coins to be sent to other blockchains. More so, its most unique Paroflection mechanism is able to render rewards in the native PARO token.
The Parody Market, however, is an NFT marketplace that allows investors to buy and sell parody NFTs. The token is able to produce parody NFTs from other major blue chip NFTs and coin holders will be allowed to mint them.
Similarly, Logarithmic Finance has developed moths that allow tokens to be effortlessly transferred between blockchain networks; more so, it also features an NFT Swap where coin holders have access to NFT auction functionality.
Before its launch in 2020, the team behind Avalanche claimed it would ‘strives to be fast, secure and affordable’ which all turned out to be true. It is a high-performance, scalable, customizable, and secure blockchain platform with a smart contract-driven network that gives it amazing speed, scalability, and interoperability
Currently, Avalanche (AVAX) holds the title of fastest smart contracts platform in the blockchain industry, because it can supply near-instant transaction finality. It can manage an outstanding 4,500 Transactions Per Second (TPS).
The blockchain platform and its native currency AVAX is said to rival Ethereum. Currently trading at a price value of $94.11, experts predict that the AVAX Token will increase to $940.939 by the end of 2026! Acquiring a 775.5% revenue in just a 5-year investment.
Launched in 2018, UniSwap is the first decentralised platform to successfully operate an Automated Market Maker (AMM) system as the system employs an underlying protocol that powers all of the platform’s decentralised exchanges (DEXs).
UniSwap (UNI) is equipped with Decentralised Finance (DeFi) features so that its investors do not have to be concerned about third-party involvement (i.e Banks). And because of its decentralised trading protocol, it facilitates the automated trading of DeFi tokens.
More so, the Uniswap platform is built on the Ethereum blockchain, so it can benefit from the efficacy of the ERC-20 token standard. The Uniswap platform also has its native token, the UNI Token which has governance functions within the network.