The crypto bull run of 2021 made many millionaires. From retail investors to TikTok influencers, it seemed that nearly everyone was getting rich as nearly every single project in the space reached an all-time high. Two of the best performing networks were the smart contract duo of Solana (SOL) and Avalanche (AVAX) which both shot up in price by over 5000%! FIREPIN Token (FRPN) is a brand new cryptocurrency that has the potential to do even better than the above mentioned. Having just launched its pre-sale, the project is up 150% in just the last week alone and shows no signs of slowing down.
FIREPIN Token (FRPN) is a brand new cryptocurrency entering the market. The project launched its presale just over a week ago and early investors have already been rewarded with a 150% gain. With a little over a month left of the presale to go, many experts are predicting that the coin has room to grow at least another 1000% meaning that now could be a fantastic opportunity to invest.
FIREPIN Token (FRPN) brings many unique concepts to the table. Firstly, its website states that users will be able to bridge between 5 major smart contract networks (Binance, Ethereum, Polygon, Solana & Avalanche). This is hugely beneficial for anyone
who has grown tired of expensive gas fees. You will be able to transfer between the five to find the cheapest and quickest network for your transaction at that particular time.
Alongside this, the companies whitepaper states that the project will eventually become a DAO, meaning that the decisions moving forward will be voted for and decided by the holders of the token. Long term holders of the token will be rewarded on a weekly basis with extra tokens. This is made possible by a 2% tax on every transaction made on the network. The money made is then distributed between holders. This provides an incentive to hold long term and increases the reliability of the project.
Solana (SOL) is a decentralised smart contract platform that rose to prominence as the number 1 “Ethereum killer” in 2021. Solana (SOL) blasts Ethereum (ETH) out of the water when it comes to efficiency, allowing for transactions in half a second for a fraction of the cost. As the popularity of NFTs continues to skyrocket, It’s no wonder that artists, creators, developers and investors alike are all flocking to Solana (SOL).
A $1000 investment in Solana (SOL) on January 1st 2021 would have cost you just $1.52 per coin. If you had held for just 11 months that very $1000 would have been worth a staggering $136,376 when the smart contract platform hit its all-time high price of $259.96. With Ethereum 2.0 still some time away, the popularity of Solana (SOL) continues to grow, it has established itself as one of the top 10 cryptos by market cap.
Avalanche (AVAX) was another smart contract platform that rewarded early backers with exceptional gains. Along with Solana (SOL), AVAX is incredibly fast and fantastically cheap compared to Ethereum (ETH). It also claims to be a highly environmentally friendly crypto and a long term possible replacement for Bitcoin (BTC). Avalanche (AVAX) saw a phenomenal 5000% price increase in 2021 and also cemented itself as a top 10 crypto that looks to capitalise if Ethereum (ETH) fails to improve its transactions speeds and fees.
Every investor is looking for the next big project to explode. One of the best ways to ensure mammoth gains is to invest in presales. As the tokens are locked until the official launch, the only way the price of the token can go is up. FIREPIN Token (FRPN) looks like it could be set for a blockbuster 2022 & potentially could see returns similar to Solana (SOL) and Avalanche’s (AVAX) of 2021.
Find Out More Here:
Join Presale: https://presale.firepin.io/login
Website: https://firepin.io/
Twitter: https://twitter.com/FIREPIN_io
Telegram: https://t.me/FIREPINOFFICIAL
Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
Source: https://cryptodaily.co.uk/2022/03/firepin-token-frpn-up-150-in-a-week-on-course-to-smash-solana-sol-avalanche-gains-out-of-the-park