Are These Three Cryptocurrencies Set for Success in 2022? Vechain (VET), Decentraland (MANA), and FIREPIN Token (FRPN)
You’re not late to the game. Yes, you wished you had scores of Bitcoin (BTC) far back in 2009/2010; you’d have bagged millions, even billions, if you had listened to the neighbour down the street. Well enough reminiscing. The crypto market provides opportunities like these every time, and new projects pop up each day to present you with money-making doors. You have to pick the right one.
These three cryptocurrencies have a lot of potential; even though they’re all relatively new and have small market caps, in the long term, all three cryptocurrencies have the potential to be enormously profitable investments.
Vechain (VET), Decentraland (MANA), and FIREPIN Token (FRPN) are the DeFi crypto coins under review.
One of the earliest blockchain networks, Vechain (VET), is employed in the supply chain industry and has a lengthy history of secure operations without any hacking events to date.
As part of the new tokenomics, VET and VeThor are employed as a governance and stake coin and a gas token. The amount of Vechain (VET) tokens a user has at any given time determines the amount of VeThor generated.
Their web page includes features like food safety tracking, digital carbon footprints, and automobile passport solutions. Their involvement in real-life situations makes them a favourite, and there is a good chance that the cryptocurrency will be able to return to its all-time high value of $0.28 shortly.
This coin has gained popularity over time and is one of the leading projects at the forefront of the Metaverse and play-to-earn gaming.
Decentraland (MANA) is a blockchain-based decentralized virtual world powered by Ethereum (ETH).
The uniqueness of the Decentraland concept and its potential to upend the game industry has been lauded. Aside from this, the initiative has been slammed for being slow to progress and relying on a central exchange.
Despite this, Decentraland (MANA) is still one of the most popular decentralized applications in the industry and has seen massive success. There’s more to see from this one this year.
FIREPIN Token (FRPN)
Presale interest in the FIREPIN token is high, a sign that people are confident in the coin. The FIREPIN ecosystem consists of a metaverse and an NFT gaming empire in the planning stages.
The FRPN token will be utilized in the FIREPIN ecosystem to facilitate transactions. Binance Smart Chain, Polygon, and the Ethereum network will all be included in this cross-chain trade. Avalanche is one of the networks that will be added shortly.
The Algorithmic Reserve Currency mechanism will be used to stabilize the FRPN token’s price. Binance Smart Chain will run the token, but it can be transferred using a bridge function.
The year kicked off quite sluggishly and below bar expectations, but we’re almost into the second half of the year, and there’s so much to still look forward to, and these coins, as mentioned above, seem to be in the driving seat of the next leg up.
For more info on FIREPIN Token (FRPN):
Keywords: Vechain, VET, Decentraland, MANA, FIREPIN token, FRPN, binance smart chain, cryptocurrencies