When Mark Zuckerberg announced that Facebook would be rebranded to Meta in November 2021, the Metaverse world lit up and many cryptocurrencies saw a big boom of investors trying to capitalise on the Web 3.0 technology. As the market has been very volatile recently, investors are seeking the next best crypto and buy the dip and hopefully get a long-term lucrative investment.
New cryptocurrency FIREPIN Token is the one to watch, as the gains for its investors have been very impressive even though it is only in its 1st stage pre-sale. It looks like FIREPIN Token (FRPN) is set to rival giants like Cosmos (ATOM) and Monero (XMR) as the next jackpot crypto.
The Ukrainian-Russian war has affected the crypto world, and it could be a big part of why there is a dip in the market. Despite this dip, FIREPIN Token (FRPN) has been going from strength to strength from when it started in February 2022. The crypto has granted its investors an impressive 150% return and it is still having its stage 1 presale which began over two weeks ago. Currently, there are only 28 days left in the presale and many analysts predict that the coin could rise by at least another 1000%.
It is very encouraging that FIREPIN Token (FRPN) wants to be the leading Metaverse NFT Game Development Company, and considering that the Metaverse is said to have the market opportunity of over $1 trillion in annual revenue (according to crypto investment giant Grayscale) it is a coin that investors could potentially hit the jackpot with.
The benefits of FIREPIN Token are that it allows its users to buy, sell, and trade virtual goods in 3D space and it has an ambitious road map, with its early success showing that it is likely to achieve what it sets out to do.
Crypto leader Monero (XMR) which launched in 2014, has proven to be very popular in the Metaverse because its platform facilitates transactions to take place privately and anonymously. Some analysts have said that Monero (XMR) is more secure to use, as it is untraceable because it is fungible. Therefore, the units of Monero (XMR) will not be blacklisted by vendors regardless of any previously associated transactions. The coin has done so well because a lot of people love the security, whilst participating in the profitable Metaverse.
Currently, the live Monero price today is $188.37 USD with a 24-hour trading volume of $161,009,952 USD. Monero (XMR) is down 0.79% in the last 24 hours, with a current ranking of #38 on CoinMarketCap. It might be a good idea to buy the popular coin whilst it is down and as a long-term investment, it could still yield a lot of money in the future when the market goes up again.
Another crypto giant to consider investing in is Cosmos (ATOM), it started in 2014 and according to CoinMarketCap data it had an all-time high in September 2021 when it was $44.70 but it has since fallen a bit. If an investor had bought $1000 of ATOM on January, 1 2021 then it would have been worth $4,690 at the end of September 2021.
At present, the live Cosmos price today is $27.35 USD with a 24-hour trading volume of $603,671,544 USD. Cosmos (ATOM) is down 3.11% in the last 24 hours, with a ranking of #20 on CoinMarketCap.
In addition, it could still be worth investing in Cosmos (ATOM) because just yesterday the coin was up by 0.83% on the previous day’s results, so it shows that it has great long-term potential, and buying when it is down could be quite fruitful. A good reason for Cosmo’s (ATOM) success could be because its initial goal was to include blockchain technology, which is less complex for developers and its modular framework demystifies decentralized apps.
So, if you are looking for a long-term investment that has had early success then FIREPIN Token (FRPN) could be the one for you. The coin also aims to be a multi-channel swappable smart contract, that can be used to bridge between Polygon (MATIC), Ethereum (ETH), Solana (SOL), Avalanche (AVAX), and Binance Smart Chain (BNB) which would be very beneficial and attractive to new investors as not many cryptos have this option. So, with all these great features FIREPIN Token could be the next best crypto which could earn you a large jackpot.
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