After a small dip, 2022 now looks set to be an even better year for crypto than 2021. Meme coins and The Metaverse dominated last year but with many experts predicting Bitcoin (BTC) to hit $100k before the year is out, is now the time to move your money into long-term projects. Ethereum (ETH) & Ripple (XRP) are two of the highest regarded projects in the space. One token that looks like it could cement itself as a mainstay is FIREPIN Token (FRPN). Here’s a look at why all three coins could be a fantastic hold for the remainder of this year and beyond.
Ethereum (ETH) is the second-biggest cryptocurrency in terms of market cap behind Bitcoin (BTC). The smart contract platform has continued to prove popular with investors and developers alike despite its expensive gas fees and slow transaction speeds. Several “Ethereum killers” tried but ultimately failed to knock the giant off its perch last year. The long-awaited upgrade to ETH 2.0 is scheduled to launch this year & will tackle the issues the platform has had. If and when ETH 2.0 is live, it is predicted that the price of the coin could reach at least $10,000. Over the coming years, as technology in the space continues to improve it is widely anticipated that Ethereum (ETH) should topple Bitcoin (BTC) and become the number one cryptocurrency worldwide.
Ripple (XRP) finished the last bull run in 2017 with the same market cap as Ethereum (ETH). If this was the case today the coin would be worth $6.81 instead of just $0.73. The SEC launched a case against Ripple towards the end of 2020 and understandably, many investors were put off. Throughout the bull run of 2021, XRP was one of only a handful of tokens that different achieve a new all-time high. Mainly used as a cross-border payment method for banks and institutions, the need for XRP is needed. Imagine a world where money could be with your recipient halfway across the world in under seconds instead of the long and complicated method it currently takes. If and when the SEC lawsuit against Ripple (XRP) is dropped, it is highly probable that the price of the coin will finally reach new heights. If it were to reach the same level of Ethereum again, it would be 10x from its current price.
FIREPIN Token (FRPN) is a new cryptocurrency that has just entered the market. The project’s presale began just over a week ago, and early investors have already seen a 150% return. With over a month left in the presale, many analysts believe the coin can rise by at least another 1000%, this leaves plenty of time for new investors to achieve some incredible gains before the token is even officially launched.
FIREPIN Token (FRPN) aspires to be a decentralized autonomous organization (DAO), which suggests that the token holders will be in charge of the ecosystem’s governance and development. FIREPIN (FRPN) will offer a decentralized exchange, NFTs, Metaverse, and gaming integration, among other features. A unique auto airdrop will reward long-term holders with more tokens every week. This is made possible by a 2% fee imposed for every transaction conducted on the network. The token’s holders will also be able to use it to bridge between up to five other networks (BNB Chain, Ethereum, Polygon, Avalanche & Solana).
The crypto space can be a very volatile one. There are many pump and dump schemes and the appeal of getting rich quick can sometimes lure people into silly investments. One of the best things to do to ensure you don’t end up losing all of your money is to do thorough research into the projects and only invest in those that have solid fundamentals and credibility. Ethereum, Ripple, and Firepin look like solid investments that everyone should at least have on their watchlist.
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Website: https://firepin.io/
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