Here’s the list of the best cryptos to buy now with strong future potential.
With Bitcoin consolidating at a critical support level, uncertainties continue to linger around the crypto market. Therefore, it is an opportune moment to make an entry into some of the other high-potential projects like Decentraland (MANA), Flow (FLOW), and Gnox (GNOX). So why are these cryptos strong picks for future gains? Simply because they address some of the significant issues in their respective industries that have been holding back innovation and adoption.
Gnox (GNOX)
Gnox is one of our picks for high future gains as it aims to tackle some of the crucial issues of DeFi complexities.
Gnox is the world’s first reflection token that offers yield farming as a service for its customers. It is built on a fast and scalable Binance Smart Chain. The main idea behind crypto is to make passive income generation, yield farming, and DeFi investment seamless and easily accessible. The ecosystem gains value from the community by applying a 10% tax on each buy or sell.
The advantages of yield farming include generating passive cash flow from digital assets without selling them. Traders invest in GNOX’s liquidity pool. The longer they hold the tokens, the higher their returns. Apart from that, yield farming also promotes the value of staked tokens, as the earned rewards can again be reinvested into the GNOX protocol.
As the second phase of its presale continues, the project has seen an almost 63% increase in sales, which is why this crypto is a strong pick for future gains. Several investors have already invested in Gnox during the presale, and the project’s popularity has grown to new highs.
This crypto employs a new strategy that inspires long-term investors to buy and HODL the coin, stabilizing and boosting its value, positioning it as a good long-term investment. Moreover, it is one of the reflective projects with the fastest-growing communities due to its unique DeFi treasury, allowing investors to receive a higher profit than other protocols.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Decentraland (MANA)
Decentraland's position as a leading metaverse game could drive the adoption of MANA, making it a strong pick for future gains.
The fast-evolving world of cryptos has spread its branches to diverse sectors, such as the Metaverse and NFTs. And one of the most highly valued metaverse cryptos is Decentraland. The project aims to address the lack of ownership and control over digital assets on centralized platforms like Second Life. This virtual reality universe allows users to interact with each other, develop, and buy digital investment properties. The network has essentially combined the features and benefits of the blockchain into a unified platform.
Although Decentraland is not the first virtual reality world, it has one unique component. For instance, the network is fully decentralized, the metaverse runs on the Ethereum blockchain, and transactions are made using smart contracts.
Since the crypto has a Decentraland governance interface, the Decentralized Autonomous Organization (DOA), the community can introduce and vote on policy changes, auctions, and other activities within the platform. Several brands are setting up virtual real estate shops and virtual conferences on Decentraland. Deviating from mere finance gaming is also quickly becoming an important part of the crypto scene, which is why MANA is a strong pick for future gains.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Flow (FLOW)
Flow has addressed scalability and interoperability issues to support the next generation of gaming.
Flow is an innovative decentralized ecosystem designed to support next-generation gaming applications and digital assets. The protocol operates as a borderless ecosystem and includes top entertainment brands, studios, and venture-backed startups. It was designed to meet the growing demands of the NFT market, making the FLOW token one of the top picks for future gains.
The blockchain is fast, decentralized, and user-friendly while being focused on the general public. It makes the payment mechanism simple and secure to convert real money into cryptocurrency. It is based on a unique architecture that delivers the performance needed for popular applications while also maintaining decentralization. Apart from this, the platform has a strong focus on NFTs and gaming decentralized applications (dApps). It aims to build a blockchain network that is easy to use for developers as well as end users.
Investors are attracted to the network as it claims to be “the greenest Web3 network”. Flow’s Proof-of-Stake (PoS) consensus mechanism is upgraded by multi-node architecture and aims to enhance the network’s throughput and speed, making it environmentally friendly without sharding or Layer 2 solutions. Flow also offers a host of benefits and features that make it ideal for hosting NFT gaming dApps. Developers can create new user experiences leveraging the network’s features as it was built with composability in mind.
Flow seems to be one of the cryptos that are strong picks for future gains as it is the perfect example of how time brings innovation. Users also appreciate the added efficiency, and for these reasons and many others, the Flow network is ready to see continued adoption as Dapper Labs pushes the limits of NFT collectible gaming to new levels.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The Bottomline
The ever-changing dynamics of the crypto sphere can complicate the process of deciding the top cryptocurrencies to invest in today. For instance, in early 2021, the market was all about the hottest new meme coins, and now the Metaverse has been all the rage. Therefore, these cryptos are strong picks for future gains as they have the potential to change the web3 landscape.
Read More:
Top Metaverse Crypto Coins To Buy
What Are The Best NFTs To Buy?
Top 10 Metaverse Cryptocurrencies That Are Set To Explode
Best Long-Term Crypto Investments