Although the crypto market is amid a downtrend, this does not mean that its popularity has decreased. This is reflected in the popularity that the FIREPIN has achieved, supporting the metaverse scheme.
Less than 15 days before the end of phase 3 in negotiations, FIREPIN is a trend due to the complexity of its protocol and how profitable its blockchain will be for daily transactions. Many crypto fans and metaverse trading agree that FRPN revamped the landscape, bringing multiple developments after its release.
Metaverse receives a new token
The virtual universe is a very well-known concept today. It is a technology that promises to renew gamers’ experience and be available to the general public. This development is FIREPIN, consisting of a dedicated token for the Metaverse, digital technology, and NFTs.
According to reports, since the FRPN’s initial launch, it has seen an increase of over 280 percent. FRPN gained 95 percent of its value in less than a week, and the 3rd phase of negotiations is not over yet.
The scheme shared by FRPN has never been seen in other protocols, such as SAND and MANA, which are the tokens dedicated to the Metaverse. The company that manages FIREPIN has also said that one of its goals is to become a DAO to continue advancing its technology and give its followers a better experience.
The token developments indicate that its project has 100,000,000 FRPN in supply, while 30 percent is available in its pre-sale. The company director indicates that the project will include fast transactions with only 2 percent applied to taxes.
FIREPIN vs MANA for metaverse dominance
Although FIREPIN shows innovative technology, the Metaverse is backed by various tokens such as MANA. The crypto Decentraland or MANA was created in 2017 under the Ethereum Blockchain and is a strong contender in all technology. Since its launch, MANA has been supported by ConsenSys and Fenbushi, well-known capital agencies.
However, like SAND, MANA has a great disadvantage within the Metaverse, and the gas rates shared by the tokens have become high for its fans. But FRPN seeks to break that scheme by giving lower transactions to the user’s liking.
So far, there is no exact value for the renewing token, but it may be on the list of the three favorites in the market, and its pre-sale has not yet ended. By May 27, FRPN will be officially launched and could be a success in negotiations in the coming months.
Source: https://www.cryptopolitan.com/firepin-competes-top-metaverse-tokens/