The crypto market can be extremely volatile. A coin could be up 40% one day then be down 60% the next. Most of the big coins have been on a bit of a stagnant path over the past few weeks with Bitcoin (BTC) currently hovering around the $40,000 mark. Three projects that have managed to avoid the curse of the dip over the last week have been Terra (LUNA), Fantom (FTM) and FIREPIN Token (FRPN). All of these networks have seen a price increase of at least 20% but what makes them stand out from the rest of the crown?
Fantom (FTM) continues to make waves in the smart contract world and looks set to dominate its “Ethereum killers” rivals. Its quick and cheap transactions fees rival that of Solana (SOL) & Polygon (MATIC). Up 27% over the past 7 days, Fantom (FTM) has significantly outperformed all of its counterparts. Fantom (FTM) has a unique infrastructure that allows dApps to be created completely individually whilst also integrating with each other. This allows the processing speeds to be super quick as everything functions on its own blockchain and nothing gets clogged up.Terra (LUNA) is a decentralised financial payment network that uses the blockchain to recreate the traditional payment stack. To promote programmable payments and the creation of open financial infrastructure, it uses an array of fiat-pegged stablecoins that are algorithmically stabilised by its reserve currency $Luna. Terra (LUNA) had a fantastic February and was one of the top-performing coins across the entire ecosystem. In the past week, its price has risen an immense 75%. The rapid growth has seen the project leapfrog both Solana (SOL) and Cardano (ADA) to rank as the 7th most valuable crypto asset in terms of market cap.
Firepin (FRPN) is one of the newest cryptos to enter the market, with its presale just over a week old. In that time the price of the coin has already risen 138% rewarding its early believers with a nice increase. With over a month of the presale left to go the chance of catching some incredible gains is still a real possibility for early investors. As the coin cannot be sold until its official launch in April, the price can currently only go one way and that is up!
Firepin (FRPN) is a decentralised autonomous organisation (DAO), which means that the token holders control and decide on the project’s and ecosystem’s governance. Firepin (FRPN) offers a decentralised exchange, NFTs, Metaverse, and gaming integration, among other features. A unique auto airdrop will reward long-term token investors with more tokens every week, made possible by a 2% fee imposed for every transaction conducted on the network. Alongside this, money from transactions will be held in the treasury and used towards game development, 3D and VR Metaverse games & investing back into the long term vision of the project.
FIREPIN Token will be the reserve currency on BNB. The algorithmic Reserve Currency algorithm will be used to maintain price stability whilst other decentralised assets will also assist. The token’s holders will also be able to use it to bridge between five other networks (BNB Chain, Ethereum, Polygon, Avalanche & Solana). This will allow users to find the best network at that time for speed and fees to process their transactions.
Terra (LUNA), Fantom (FTM) & FIREPIN Token (FRPN) have all seen significant growth over the past week but the momentum doesn’t appear to be slowing down any time soon. As technology continues to develop and crypto becomes more recognised worldwide, these altcoins will likely continue to outperform the likes of both Bitcoin (BTC) and Ethereum (ETH)
This article is intended for educational content and shouldn’t be regarded as financial advice. You should only invest in cryptos that you have thoroughly researched yourself first.
Join Presale: https://presale.firepin.io/login
Website: https://firepin.io/
Twitter: https://twitter.com/FIREPIN_io
Telegram: https://t.me/FIREPINOFFICIAL
