Market performance plays a vital role in determining how profitable a cryptocurrency can be in the near future. While some tokens can still be promising despite low prices, the profit might be insignificant. An instance is how Radicle (RAD) has performed in the past 30 days.
This brings the question of determining the profitability of RAD. Otherwise, should a new investment be looked into? In this article, we look at how RAD can behave in August and what other token is a better investment than RAD in 2023.
Should You Invest in RAD in 2023?
Since the beginning of 2023, Radicle (RAD) price has stayed below $2.5, except for May, when there was a sudden spike in price. The price jumped to $4.16 before experiencing a sharp decline that kept the price below the $2.0 mark.
In the past twelve months, RAD’s price has dropped by 40% and 6% in the past 30 days. This market performance indicates one thing, it will be challenging to profit significantly from RAD in 2023 and August might come with more dip resulting in losses for investors. Thus, looking into other promising projects like Anarchy might be your surest bet.
Take Responsibility For Your Future $ANA
➖https://t.co/MwNBk4MMXQ pic.twitter.com/WCLiX3G1nU
— ANARCHY (@anarchycoineth) June 29, 2023
Anarchy: A Better Investment than RAD in 2023
Anarchy (ANA) is a governance token built on the Ethereum blockchain maximizing the ERC20 standard while making 69,420,000,000 ANA tokens available for purchase. ANA’s real-life utility is tied to a unique mission of challenging the corrupt system and offering average individuals financial freedom.
ANA is a deflationary token with a mechanism that increases its price over time. This is because 0.5% of ANA is burnt completely every time a transaction takes place. This leads to a reduction in token supply and circulation, resulting in token scarcity. Thus, there will be an increase in price as there is an increase in demand when more members join the movement.
On the other hand, the Anarchy Project gives back to its community through its DAO. 4.5% of ANA is sent to the DAO wallet when sell or transfer transactions occur. This fund is accumulated and used to sponsor philanthropic or investment-based proposals. The proposal to receive the funds is voted for monthly by token holders like you.
The most intriguing and enticing feature of ANA is its democratic mission. ANA is on a mission to end the corruption that has long existed within society. This is done by challenging the core of corrupt practices and calling them out.
If you observe closely, average individuals are always at the receiving end. Government censorship, illicit activities from corporate organizations, data breaches, and privacy infringement by financial institutions are common practices putting an average individual at a disadvantage. This puts average individuals in an uncomfortable environment where their financial freedom, privacy, or free speech can be taken away.
The Anarchy Project is creating a community of individuals challenging the corrupt system while giving them financial freedom. This gives them absolute control over their finances, data, and top-class information.
Anarchy Presale | Easiest Way to Make Explosive Profits
Anarchy is currently selling for $0.00024 in the second stage of presale. This gives you the competitive advantage to be an early investor positioned to make massive profits when the meme coin launches.
When you buy ANA via the ongoing presale, you invest in a project with real-life application and a global mission attracting crypto whales and savvy investors. Thus, you will be part of the token holders who impact good governance and transparency.
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