Three Cryptocurrencies That Can Be Worth Investing In Right Now: Parody (PARO), Cronos (CRO) and VeChain (VET)
Over the past week, the crypto world has finally seen a steady growth giving back to many investors following the crypto boom. Here are a few coins that will potentially do well in the following weeks and are worth looking into. Keep reading to find out more.
Is this the next upcoming coin?
Parody Coin (PARO), is a deflationary token built on Binance Smart Chain (BNB). Designed to give investors and holders more control, through the passive income system, Parody Coin (PARO) allows users to transfer PAROs to other blockchains. Currently, on the second phase of its pre-sale, the coins price stands at $0.002 where 2% of the tax will get airdropped to users, 2% will be spent on marketing development and the other 2% on LP acquisition. At present, the platform is planning on upgrading the website, joining the CoinMarketCap listing as well as adding liquidity to PancakeSwap.
Like many other cryptocurrencies, it is looking to enter the NFT marketplace for Parody NFTs where users can create crypto punk.
The total supply of Parody Coins is capped at 240 billion. Until it finishes its presale stage, Parody Coin can only be purchased on the platform’s website whereas after its launch it will be found and available on other exchanges and Panceswap.
Where Is Cronos (CRO) At the Moment?
Built on Cosmos SDK technology, Cronos (CRO) is known to be the first Ethereum compatible blockchain network. Cronos (CRO) is a smart contract token. Its open-source and permission-less Layer 1 chain allows builders the ability to port apps and crypto-assets. Substantially, that means that developers can build other currencies and applications on the platform.
At the time of writing, Crono’s price stands at $0.18. Unlike others, it was one of the first platforms to support Defi, NFTS, GameFi and EVMs. It offers low gas fees, speedy transactions and fast finality with the coin seeing a five per cent increase in the past 24 hours.
Why should I invest in VeChain (VET)?
With offices all over the world, VeChain (VET) is one of the earliest blockchain technology companies founded in 2015, now becoming the first five stars rated blockchain service provider in the world. Unlike other cryptocurrencies, the platform offers enterprise-grade applications across many sectors including food safety, luxury goods, alcohol, consumer goods and many more areas.
To help developers and enterprises, the platform offers a robust and secure blockchain infrastructure offering solutions with both software and hardware. To create exponential value for all network participants, its ecosystem includes many business and technology partners. The price of the token was at $0.032 at the time of writing, with the market capitalisation value standing at $2 billion.
Whether you are looking to invest in Parody Coin (PARO), Cronos (CRO) or VeChain (VET), those are all great coins worth exploring that have the potential to do well.
Keywords: Parody Coin, PARO, Cronos, CRO, VeChain, VET, cryptocurrencies, blockchain, crypto