Crypto Prospects of the Month: FIREPIN Token (FRPN), Cronos (CRO), and Avalanche (AVAX)
The crypto market has suffered a minor decline after two weeks of prosperity as we comfortably head into spring. With the likes of Bitcoin (BTC) and Ethereum (ETH) reaching levels of $47,000 and $3,500, both cryptos have dipped since to values of over $43,000 and $3,200.
Despite the setback, that doesn’t mean there aren’t cryptos worth buying; this is the best time to invest in cryptocurrencies. Buy low and sell high is what they say in the financial world, which still applies in the decentralized space of the cryptocurrency market.
The likes of FIREPIN Token (FRPN), Cronos (CRO), and Avalanche (AVAX) are projects with a lot of potential and are bound to grow more significant than they are.
A May Launch Edges Closer for FIREPIN Token (FRPN)
For FIREPIN Token (FRPN), a launch in May is a long time coming for the project. Having begun its presale in January, it’s been a long journey for FIREPIN, which has much more planned in the digital asset space.
As a community-driven Metaverse DAO (decentralized autonomous organization) that aims to invest in game development, i.e., NFT, Metaverse, and the 3D industry.
With seven days left until the beginning of phase 2 of FIREPIN’s presale, the opportunity remains for potential investors to get in on the ground floor and take advantage of the cut-price of the FRPN token.
As well as a scheduled launch on both Uniswap (UNI) and PancakeSwap (CAKE) in the second quarter of this year, FIREPIN (FRPN) also plans to begin phase one of its metaverse game development as well as the building of a game studio.
Cronos (CRO) Ecosystem Grows Despite a Drop in Market
You wouldn’t think that a cryptocurrency could drop in value while simultaneously increasing its ecosystem, but Cronos (CRO) shows that it can certainly be done.
After achieving an 18.3% growth in the last 30 days, Cronos has dipped in recent weeks, suffering a 5.6% decline in the past 14 days.
Despite its performance in the crypto market, that hasn’t stopped the native coin of Crypto.com, one of the leading cryptocurrency exchanges in the world, from expanding its ecosystem.
Cronos DeFi ecosystem has long surpassed the $4 billion milestones before dipping to almost $3 billion, at this time of writing, with DeFi projects like MM Finance and VVS Finance growing at an exponential rate.
Ranked as the 18th biggest cryptocurrency globally, according to data from CoinMarketCap, Cronos (CRO) is currently trading at $0.447709.
Avalanche (AVAX) Suffers a Steep Decline
Like Cronos, Avalanche (AVAX) recorded decent growth this past month, rising 17.1%. However, fortunes flipped for the blockchain platform as they’ve suffered a dip of 12.3% in the past seven days at the time of writing.
The decline comes despite the fact that Grayscale, a venture capital company, and digital asset manager, added Avalanche to its Digital Large Cap Fund.
Having hit its-all time high of $144.96 in November 2021, AVAX has since fallen to a current value of $84.20.
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