Cryptocurrencies are essential to the fast-growing development of the online virtual reality of the Metaverse. Used for all online transactions ranging from the purchase of NFTs (Non-fungible Tokens) to the clothes your avatar will be wearing, crypto is the future of money. We’ll take a look at some of the leading platforms as well as an exciting new crypto contender, FIREPIN Token (FRPN).
FIREPIN Token (FRPN)
The successful presale of the new cryptocurrency FIREPIN Token (FRPN), with over a 300% price increase since its initial launch in February, has proved promising for early investors. Aspiring to be one of the principal contributors to the Metaverse and its NFT gaming development, FIREPIN Token (FRPN) is a Decentralised Autonomous Organisation (DAO), handing the control over to holders of the token with the goal of being entirely community driven at the forefront of its vision. FIREPIN will act as wealth storage for exciting prospective Metaverse projects such as Sandbox (SAND).
The new cryptocurrency plans on being available on the Binance Smart Chain (BSC) initially. A notable benefit of FIREPIN is its intention on allowing the option of trading between layer 1 networks such as Terra (LUNA), Avalanche (AVAX), Ethereum (ETH) and Polygon (MATIC).
Terra (LUNA)
Another cryptocurrency with a potent focus on decentralisation is Terra (LUNA). Some attribute its significant success to this determination to create a booming ecosystem that allows DeFi (Decentralised Finance) to be accessible to all. Since Terra’s launch in 2019 the cryptocurrency has done incredibly well and has maintained its success as a consistently profitable crypto for investors. Gamers have earned up to $100 UST daily playing Terra’s popular NFT game “The Dungeon” and can even earn $10,000 UST by conquering the final boss in the game.
Avalanche (AVAX)
Avalanche (AVAX), founded by Emin Gun Sirer, is also a popular network boasting a swiftly developing platform for subnets, smart contracts and DApps. Transactions can be made almost instantaneously making it a reliable and smooth-running system. In the current climate, to compete with other major crypto systems it is crucial to give sufficient attention to DeFi, which Avalanche has managed successfully.
If FIREPIN Token (FPRN) continues on its current trajectory, with the potential to match the success of popular cryptos such as Terra and Avalanche, early investors are looking at making a considerable profit through the possibility of a 10% price increase. With just a few weeks left of the presale, investors need to move quickly to take advantage of this opportunity. The above information is intended for entertainment purposes only. As always it is important to recognise the volatile nature of the crypto climate; any investments made into digital currency innately carries a risk and should be acted on with this in mind.
Join Presale: https://presale.firepin.io/login
Website: https://firepin.io/
Twitter: https://twitter.com/FIREPIN_io
TikTok: https://www.tiktok.com/@firepin.io
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/the-promising-potential-of-firepin-token-fprn-can-it-match-the-success-of-major-networks-terra-luna-and-avalanche-avax