Cardano (ADA), Bitcoin SV (BSV), and FreeWoly (FWO) are some of the high-profit coins that can lift you out of the crypto collapse. As this article shall soon reveal, they have suffered both highs and lows like every regular coin, but they’re now witnessing remarkable uptrends in their cryptocurrency prices.
Cardano (ADA) One To Watch
Cardano (ADA) is a leading cryptocurrency with a market cap of over $17 billion and a current price tag of $0.4689, according to CoinGecko. Cardano is the next-generation evolution of blockchain protocols that can run smart contracts and encourage the development of DApps, p2E, NFTs, and new tokens. It is incredibly flexible, scalable, and sustainable.
Cardano (ADA) is open-source software for inventors and designers, which is why the management is constantly driven to make it a more secure, scalable, and super-efficient decentralised system. If you want to protect yourself from the present inflation and take advantage of the upward trends in cryptocurrency prices, they are a real source of passive income. After a public sale of 25.9 billion ADA tokens that began in September 2015, ADA was introduced in 2017.
5.2 billion tokens were also issued and shared among the three entities that market and develop the Cardano protocol: Input Output Global (IOG), which issued 2.46 billion tokens, Emurgo, 2.06, and the foundation 648 million.
Bitcoin SV(BSV) One To Keep An Eye OnÂ
Bitcoin SV, Bitcoin Santoshi Vision (BSV) is a hard fork of Bitcoin (BTC). Typically, a fork happens when a crypto community alters the blockchain’s protocol, or basic set of rules, causing the chain to split and produce a second blockchain that shares the same history with the original but is headed in an entirely new direction.
The Bitcoin SV (BSV) enables more transactions to fit into a block, thereby allowing the platform to process many transactions within seconds at incredibly low transaction fees for micropayments. BSV offers services such as smart contracts and peer-to-peer payments, allowing payment directly without cumbersome third parties while stimulating nano transactions, next-gen NFTs, and secure voting and data integrity.
Despite the general fall in cryptocurrency prices, BSV has performed relatively well in the cryptocurrency market. At the time of writing, CoinMarketCap confirmed that BSV is trading at $54.54, up by 2.30% in the last 24 hours.
FreeWoly (FWO) One To Look Out For
FWO is a meme coin designed to power FreeWoly, a p2E gaming ecosystem that uses Augmented Reality to offer an excellent gaming experience. It features Woly, a sheep, as the main character, tasked with the duty of caring for the farm and keeping it safe away from invaders. So, you earn tokens for helping Woly perform its duties, and your success rate is commensurate with the tokens earned.
Players can exchange these tokens in-game or outside the FreeWoly platform in exchange for other cryptocurrencies or fiat currencies. However, $FWO is not your regular meme coin. According to the whitepaper, it is a mixed model token that features the essence of meme coins and the tokenomics of NFTs. This model seems justifiable in the context of a community-based ecosystem like FreeWoly that seeks to reward players, token holders, and community participants.
FWO can be used within the FreeWoly ecosystem to trade animals and farms or as standalone cryptocurrencies outside the platform. Considering this backdrop, plans are in motion to integrate a FreeWoly marketplace into the ecosystem and enable seamless trading and exchange of NFT animals or farms.Â
If you’re looking to weather against the effects of crypto collapse and keep your portfolio afloat, you should purchase the FWO token when the presale opens in Q3 2022.
Final Words
There is a 40% bonus for investors who purchase FreeWoly (FWO) within 15 minutes of signing up.Â
https://farm.freewoly.io/registerÂ
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/2022/09/high-profit-coins-to-lift-out-of-crypto-collapse-ada-bsv-and-fwo