According to CoinMarketCap.com, there is an estimate of over 17,000 cryptos currently in the market! All are created with different utilities and purposes. When searching for a coin that will best suit your immediate needs and long-term goals, you can often become overwhelmed, so we’ve researched for you.
The Many Benefits Of Crypto
With more than thousands of cryptocurrencies competing in the market, choosing the best one for you is not an easy task, especially if you are just getting started with crypto. Maybe you’ve heard your friends are investing all their money in big crypto names like Ethereum and Shiba, and while it is true, they have made millions, the investors who have made the most money invested in presales.
Presales allow you to buy coins for a premium price, and when the price value increases, you may choose to sell your coins for a larger price, allowing you to maximize your profits.
Get More Than Millions With These Cryptos
Parody Coin (PARO)
The Parody Coin (PARO) is a deflationary utility coin built on a Binance Smart Chain (BEP-20). After its announcement to the public, the Parody Coin token quickly became popular among investors due to its many passive income possibilities. These are mostly possible through minting, trading, and marketing parodies of popular NFTs.
The NFT industry is undergoing exponential growth, and every crypto enthusiast is looking forward to joining. This makes Parody your next best investment, as it offers a user-friendly decentralized application (DApp) where you can mint parodies of favorite NFTs on BNB Chain, Ethereum other blockchains. You can also put up their NFT Parody for sale and buy from other investors.
But Parody is not just about NFTs, and the platform has three other main forms of utility, as follows:-
- Parody Bridge: a place for PARO coins to be sent to other blockchains;
- Parody Swap: where investors can trade any cryptocurrency on any blockchain for an equal amount of Parody coins
- Paroflection: a mechanism by which investors can render rewards in the native PARO token.
Despite having begun its presale just recently, Parody Coin became everyone’s favorite early on as investors rushed to join in. Why? Experts confirm that the system of Parody Coin allows users more control over their money than other blockchains while having the possibility to generate revenue for themselves in a variety of ways. About 300 million PARO coins were pre-mined before the Initial DEX Offering (IDO) on PancakeSwap, and the live price of PARO is $0.002.
Likewise, many cryptocurrencies are ready to invest in the increasingly lucrative world of NFTs. For instance, Explora Chain (EXPL) was developed to provide investors with a new revolutionary passive income platform. It features futuristic elements such as a launchpad, play-to-earn (P2E) games, and an NFT marketplace. Their marketplace is well-developed regarding cross-chain interoperability and allows NFTs to be held, exchanged, and minted.
Following the steps of the first market-leading cryptocurrency, Bitcoin (BTC), Litecoin (LTC) was launched in 2011 and soon became famous as the “silver to Bitcoin’s gold.” Litecoin is based on an open-source global payment network independent from the control of a central authority and third-party intermediaries.
As a peer-to-peer (P2P) digital finance currency with no central authority, the network offers instant and near-zero cost payments. Surpassing its competitors in terms of faster block generation rate and faster transaction confirmation time, the network and its native token continue to attract an increasing number of merchants that accept Litecoin.
Today’s Litecoin price is $113,07, with a 24-hour trading volume of $611.1 Million. The current CoinMarketCap ranking is #21, with a live market cap of $7.9 Billion. Litecoin (LTC) has a circulating supply of 70 Million LTC coins and a total supply of 84 Million.
On their website, Cardano claims to have been developed for “change-makers, innovators, and visionaries,” which is seen in the many innovative and revolutionary features the blockchain offers.
Created by the co-founder of Ethereum and launched in September 2017, Cardano (ADA) is a proof-of-stake (PoS) blockchain with a special dual-layer system.
Cardano’s team prides itself on its focus to push for global innovation and market improvement and admits to conducting extensive research before launching the open-source blockchain. Their research continues to be largely focused on building a secure and highly functional decentralized network.
The network was named after the 16th-century Italian polymath Gerolamo Cardano while the token references the 19th-century mathematician Ada Lovelace. This cryptocurrency is one of the fastest-growing coins, and the Cardano price is $1,08, with a 24-hour trading volume of $901.7 Million. The live CoinMarketCap ranking is #8, with a current market cap of $36.4 Billion. Cardano (ADA) has a profit target of $1.33, and experts suggest the price growth rate will soon skyrocket.