The crypto market is extremely volatile making it very difficult to predict the value of cryptocurrencies over a period of time. We have seen several blockchain projects make large returns only to lose massively in the following months.
Despite this, there are crypto projects such as Dogecoin (DOGE), Chainlink (LINK), and FIREPIN Token (FRPN) that are improving the market with innovative features and making investments and financial services more accessible and secure.
In this article, we will take a look at why these three cryptocurrencies are timely for investment and how you can benefit from including them in your portfolio.
Dogecoin (DOGE) Is Elon Musk’s Favourite Crypto
Dogecoin (DOGE) is a cryptocurrency that is based on the popular online meme “doge” and has a picture of Shiba Inu as its symbol.
You can sell or purchase Dogecoin on any exchange platform that supports the digital currency, store it on an exchange or in a Dogecoin wallet, and tip Dogecoin in any Dogecoin-accepting community.
DOGE, like many other coins, is based on its own blockchain, which employs a proof of work consensus process.Dogecoin’s digital ledger is updated on a daily basis with new transactions, and the network employs encryption to make all transactions safe.
The project is one of the world’s largest cryptocurrencies. And Elon Musk, the prominent crypto enthusiast, has contributed to some of this rise.
After he referred to it as his favourite cryptocurrency, the token’s value skyrocketed. The token is presently ranked among the top 20 cryptocurrencies in terms of market capitalization.
Dogecoin (DOGE) witnessed a substantial price increase in 2021 as celebrities such as Mark Cuban, Snoop Dogg, and Elon Musk expressed interest in the cryptocurrency.
Chainlink (LINK) is a network that connects off-blockchain data sources with on-chain smart contracts via oracles. A blockchain oracle is any application that gives data to a smart contract from an off-chain source or connects it to an off-chain network.
Chainlink (LINK) allows blockchains to securely connect to external data and systems via a decentralised oracle network. This provides the critical off-chain data required for smart contracts to become the dominant form of digital agreement.
Chainlink is a major stakeholder in the data processing world, with many trustworthy partners. Chainlink (LINK) has garnered the attention of various trusted data sources, including Brave New Coin, Alpha Vantage, and Huobi, due to the integration of off-chain data. Data suppliers can monetize their information by selling access to data directly to Chainlink.
Chainlink (LINK) significantly increases the functionality of smart contracts by providing them with access to real-world data and off-chain information while maintaining the dependability and security standards of blockchain technology.
FIREPIN Token (FRPN)
FIREPIN Token (FRPN) started as a decentralised autonomous organisation and Metaverse project, and has recently gained traction.
FIREPIN, which increased in popularity and drew a large number of investors throughout the pre-sale period, is likely to be one of the biggest crypto projects.
The successful pre-sale process, which has attracted the interest of long and medium-term investors, demonstrates that FIREPIN is on track to meet its goals.
FIREPIN allows its investors and users to have a say because it is a decentralised project. FRPN aims to operate in a fully decentralised manner with DAO integration and artificial intelligence assistance, which will be realised in the first quarter of 2023.
The price of FRPN tokens climbed by 96 percent when the presale began, and then by 285 percent in a week.
Holders of the FIREPIN Token (FRPN) will have a say in how the coin develops and changes, as the project strives to become a Decentralised Autonomous Organization (DAO). The FIREPIN Token (FRPN) presale commenced months ago, and in that time, investors received a 150% return.
Join FIREPIN Token’s Presale: