The announcement from Mark Zuckerberg in 2021 stating that Facebook would become Meta in 2021, brought shock waves to the crypto market and social media. A lot of people including celebrities wanted to connect, meet, and capitalise virtually and the Metaverse has brought a lot of profit and opportunities to many companies and the crypto world. FIREPIN Token is the new crypto to watch as it enters the Metaverse and joins crypto giants Cronos (CRO) and Decentraland (MANA).
The Ukrainian-Russian war has disrupted the crypto world and the social media sphere with certain social media firms being banned from Russian users. The good thing about the decentralised Web 3.0 world of the Metaverse, no government can stop people from connecting and socialising which shows it’s one of many benefits.
New crypto FIREPIN Token (FRPN) which launched in February 2022, has had great success in its project’s presale which was about two weeks ago, and has granted its investors an incredible 150% return already. Also, there are only 30 days left in the presale and many analysts believe that the coin could rise by at least another 1000%.
Furthermore, it seems as though talented Jazz/ R&B singer Jamiroquai predicted this amazing new Web 3.0 virtual world back in 1996 in his hit song Virtual insanity, with some of his lyrics stating, “futures made of virtual insanity, now always seem to be govern’d by this love we have for useless twisting our new technology.” Arguably, new technology is not all bad, especially with blockchain technology proving to be very useful in this digital world, especially in the pandemic when everyone was in lockdown and unable to see each other in person.
As the Metaverse is growing rapidly, its market opportunity is estimated at over $1 trillion in annual revenue (according to crypto investment giant Grayscale). So, it is no wonder that a lot of Web 2.0 companies like music-based Universal Music Group and Genies (a leading technology group) are having a slice in the Metaverse Web 3.0 pie. As they allow their users to form their own avatars and use digital wearables from UMG’s iconic artist roster like Rhianna, Justin Bieber, Shawn Mendes and Cardi B to form their own “virtual identity”.
In addition, Cronos (CRO) which was launched in June 2016 by Crypto.com has gone from strength to strength as they have a great scope for its users, allowing them to make payments, trade, and embark on different financial services.
Like Cronos (CRO), FIREPIN aims to have a swap option which they are still working on according to its whitepaper that allows its members the option to purchase through a Swap Portal at the best possible price. Also, NFTs (Non-Fungible Tokens) can be added to their NFT Marketplace. So, when a user adds an NFT to the Firepin platform, the NFT Vault will make a token for the member based on the network that they are using (BEP-20, Polygon ERC-20, or Ethereum ERC-20). The Swap across networks will be dependent on research and development for a later stage in Firepin’s roadmap.
Presently, Cronos (CRO) users can swap tokens on Crypto.com with their DeFi Wallet by using the built-in Swap feature on the site, which allows the user to exchange almost all of their tokens on Ethereum (ETH) and Cronos (CRO). The users can also earn token rewards for staking CRO and get cashback using the Crypto.com Pay payments app.
The current Cronos price today is $0.380007 USD with a 24-hour trading volume of $66, 644,942 USD. Cronos (CRO) is up 0.04% in the last 24 hours, with a ranking of #19 on CoinMarketCap. So, with all of its great utility features, it is no surprise that it is doing so well on the market.
Alternatively, Decentraland (MANA) opened to the public in February 2020, and it did so well with its initial coin offering of $24 million (ICO) that was conducted in 2017. Its users have been able to create a world whereby they can have interactive experiences like playing interactive games with 3D scenes. The MANA tokens can be used to pay for things like avatars, wearables, and many more on the Decentraland marketplace.
Currently, the live Decentraland price today is $2.25 USD with a 24-hour trading volume of $284,641,035 USD. Decentraland (MANA) is down 1.42% in the last 24 hours with a ranking of #31. It could be due to the war crisis for the coin to be down right now and it could also be a good idea to buy it when it is down on the market to reap the potential rewards when it rises on the market.
So, if you are looking for a new crypto that has all the elements of a long-term investment that could potentially make you very rich then FIREPIN Token (FRPN) could be the answer. With its very ambitious roadmap, it strives to be the leading Metaverse NFT Game Development Company for those who want to buy, sell, and trade virtual goods in 3D space on the Metaverse’s NFT Gaming Platform. Also with its early success, it has the potential to do what it strives to do and outperform its predecessors in the future.
Join Presale: https://presale.firepin.io/login
Website: https://firepin.io/
Twitter: https://twitter.com/FIREPIN_io
TikTok: https://www.tiktok.com/@firepin.io
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Source: https://cryptodaily.co.uk/2022/03/could-firepin-token-frpn-outperform-cronos-cro-and-decentraland-mana-in-the-metaverse