Invest In These 3 Cryptocurrencies Now And Generate Massive Returns In The Future.
Regardless of any uncertainties around the regulatory framework of the financial sector, the adoption rate of digital assets is growing at a more rapid pace than ever. The emergence of niches like non-fungible tokens (NFTs), Web 3.0, and decentralized finance (DeFi) have played a crucial role in fueling this growth. Today, several altcoins, meme coins, and digital currencies have positioned their place as a profitable investment option for investors for securing a wealthy fortune.
If you are looking for a potential investment option, invest in these 3 coins and ensure heavy returns.
- Apecoin (APE)
- Dogecoin (DOGE)
- Cardano (ADA)
Apecoin (APE)
ApeCoin is relatively new to the crypto market, but the project already seems quite promising.
Bored Ape Yacht Club NFTs have captured the public consciousness. The recent release of ApeCoin has added another ape-based asset to the crypto market. ApeCoin is an ERC-20 utility and governance token designed to use within the APE ecosystem to incentivize and empower decentralized community building at the forefront of Web 3.0.
Given the media attention APE is generating already, investors are beginning to pay attention in the hope of achieving market-beating returns. Moreover, the APE token is already adopted by an upcoming project from Animoca Brands, one of ApeCoin’s initial investors. Benji Bananas, a popular play-to-earn (P2E) mobile game, has also adopted APE and allowed users to earn the token through skilled gameplay.
The rapid adoption of the token helps increase the demand for APE, which is also shooting for a place in the Web 3.0 metaverse. However, this is just one example of ApeCoin’s utility and would pave the way for more similar use cases in the future, making this the right time to invest in ApeCoin.
Check Out: ApeCoin (APE) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Dogecoin (DOGE)
Dogecoin would increase in value as it becomes more widely accepted as a medium of exchange.
Dogecoin has had a roller-coaster ride of massive price surges and dizzying plunges over the past few months. After a brutal correction, Dogecoin is today back in demand and is again gaining the traction of investors. Nobody expected this meme coin, created in 2013, to become a serious investment option, let alone be included in the top list of cryptocurrencies.
DOGE has again risen to prominence earlier this year, thanks to Elon Musk and his recent tweet in support of the German travel site ‘GetYourGuide’, announcing that Dogecoin will be accepted as a mode of payment. His tweets have acted as makeshift signs for crypto traders to buy DOGE tokens now. Additionally, market experts believe that Dogecoin would probably have a positive momentum and the gains will sustain, both on a technical and fundamental basis.
Dogecoin enjoys a number of bullish factors, making DOGE one of the best cryptocurrencies to invest in now for heavy returns. The team behind Dogecoin has announced the release of its roadmap in 2022, announcing several projects the token would be involved in. Some of the significant projects include LibDogecoin, Giga wallet, Dogepedia, and the revamping of the Dogecoin website, pushing DOGE towards accelerated adoption.
However, like any altcoins, the risk to investors remains high, but Dogecoin's low energy costs, a potential for a shared security protocol with Bitcoin, enhanced acceptance, massive retail involvement, latest updates, and a measure of price stability are positive signs overall. Dogecoin thus has a tremendous future and would see a better upside in the coming years.
Don't Miss: Dogecoin (DOGE) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Cardano (ADA)
Cardano has emerged as a potential investment option for investors with a strong focus on sustainability.
Cardano blockchain is known for its flexible network and fast transactions. Thanks to the recent update finally bringing the ability to build smart contracts on the network Cardano is expected to remain one of the most popular cryptocurrencies. It also boasts low transaction fees and a strong development team working to decentralize the project entirely. With smart contracts, developers can now work on dApps, new cryptocurrencies, and even the DeFi applications.
Another reason to buy Cardano now for heavy returns is the number of key milestones and developments, which has driven the price of ADA. Earlier this year, Cardano introduced Fund8 through its Project Catalyst platform. The innovation fund allows users to obtain resources paid in ADA and is utilized for protocol upgrades in the Cardano network. The crypto has also partnered with EMURGO to stimulate the creation of a community-generated and maintained tool stack to aid the Cardano ecosystem and accelerate the development of decentralized applications.
Cardano has also garnered the attention of environmentally conscious investors by planting one million trees in partnership with Veritree, a Canadian reforestation company. Users gave almost 1 million ADA tokens to plant 1 million trees. Moreover, Cardano developers announced three major upgrades which would be rolled out in 2022. Over 100 to 150 developers are actively working on the project and roll out around 700 commits per week, making Cardano one of the active projects in the crypto space. The upcoming updates aim at increasing scalability, allowing the network to make over 1 million transactions per second. In addition, these updates could boost investor confidence in ADA, pushing the value of the coin higher.
Read Also: Cardano (ADA) Price Prediction
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The Bottomline
Cryptocurrencies are an innovative technology and a part of a bigger economic boost that blockchain offers for financial activities. Today, several large institutions, growing companies, and merchants have started accepting cryptocurrencies as legitimate means of payment. So, if your search is for crypto coins that offer heavy returns, then these 3 tokens are worth adding to your portfolio.
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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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