In the current environment, many conventional investments seem very risky. The crypto market has been turbulent in recent months, and values are decreasing in several regions of the globe. Therefore, it is not surprising that individuals are seeking alternatives.
To help you get started on your retirement planning, we’ve compiled a list of five of the best investments for retirees. This “Invest-And-Retire Shortlist” features Uniglo (GLO), VeChain (VET), Axie Infinity (AXS), FTX (FTT), and Binance Coin (BNB).
Here is a deeper look at why each one may provide income.
Uniglo (GLO)
The Ethereum-based project Uniglo will be introduced in the following months. The whitepaper for Uniglo describes it as a community-based social currency that will be supported by digitalized real estate, digital cash, and valuable NFTs.
The main objective of this coin will be to lessen the industry’s high level of volatility. This is significant in light of recent events in the cryptocurrency sector, where the prices of most currencies have fallen by more than 50%.
The protocol will use an ultra-burn approach to make the coin truly volatility-hedge. Besides buy back and burns, 2% of each $GLO sale will automatically burn, making GLO scarce crypto.
Although Uniglo is not yet publicly accessible as an ICO, its presale price has increased by 30% and is at $0.013.
VeChain (VET)
VeChain is a platform for distributed ledger technology (DLT) that simplifies supply chain management. Combining Internet of Things (IoT) devices with blockchain technology, the solution gives companies and consumers visibility, traceability, and legitimacy.
Based on the price variations of VeChain at the start of 2022, crypto experts anticipate that the average VET price in September 2022 will be $0.033. The projected lowest and maximum prices are $0.029 and $0.045, respectively.
Axie Infinity (AXS)
Axie Infinity is blockchain-based commerce and combat game that its players partly own and run. Each Axie is a non-fungible token (NFT) with unique traits and strengths that can be entered into 3v3 fights, with the winning side receiving additional experience (exp) points that can be used to increase an Axie’s attributes or develop its bodily parts. These Axies may mate to generate unique progeny that can be utilized or sold on the Axie market.
Axie Infinity is trading at $14.26 per USD as of September 6, 2022, with a price predicted to go uptrend in upcoming months.
FTX (FTT)
The FTX cryptocurrency derivatives trading platform, which went live on May 8, 2019, uses FTT as its native cryptocurrency token.
The team behind FTX comprises some of the biggest cryptocurrency traders in recent years. They chose to build their platform after finding problems with the majority of popular crypto futures exchanges. According to FTX, it is unique because of characteristics like worldwide stablecoin settlement, a controlled collateral pool, and clawback avoidance.
The network offers competitive programmable payment, logistics, and storage alternatives as dApps and stable currencies grow. If additional investors are drawn to the concept, the average price of FTT may increase to roughly $38.06 by 2022.
Binance Coin (BNB)
Changpeng Zhao, the co-founders of Binance Exchange, mainly initiated this project to solve many trading-related issues in the cryptocurrency industry. His careful implementation of Binance Coin’s long-range plan allowed it to compete with several other cryptocurrency exchanges today. Binance predicts the future of BNB to rely on the development of the Binance Exchange platform.
Given the present situation, Binance Coin’s future seems promising, which may cause prices to reach new highs. Therefore, according to our estimate of the BNB price, it may reach $610 by the end of 2022.
Learn More Here:
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
Telegram: https://t.me/GloFoundation
Discord: https://discord.gg/a38KRnjQvW
Twitter: https://twitter.com/GloFoundation1
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/invest-and-retire-shortlist-uniglo-glo-vechain-vet-axie-infinity-axs-ftx-ftt-and-binance-coin-bnb