The cryptocurrency market has witnessed a heavy market crash recently. So many coins have lost value and so have investors whose money was tied to them. As it stands, crypto enthusiasts are reeling from their loss. It's obvious they want an avenue to recover all or at least some of what they've lost. In this article, we will share with you three coins you should consider investing in today if you wish to get some gains.
Parody Coin (PARO) is a new cryptocurrency that is just entering the crypto-verse. This coin is created on the Binance Smart Chain (BSC) network and is currently in presale.
Parody Coin (PARO) comes loaded with three massive offerings, Parody Swap, Parody Market and Parody Bridge. Being a deflationary token, this coin is able to maintain its value and increase over time since it gets scarce.
According to its whitepaper, users on the platform will be able to swap this coin for any token they want from any blockchain of choice. It's also worth noting that users can easily move these tokens between blockchains with the use of Parody Bridge. Parody Coin (PARO) has also made it easy to create Parody NFTs in its marketplace. These NFTs are made by copying very popular NFTs in the general market.
Developers of Parody Coin have also confirmed their quest to reward users on the platform, especially those who carry out various activities on the Paroverse.
Parody Coin's (PARO) users will also get passive income through the platform Paroflection mechanism as well.
Compound (COMP) is a fantastic coin that's able to achieve great DeFi capabilities. This token has been on the rise lately, despite the roar of the market crash.
Compound (COMP), according to its developers, exists to help users access funds that are already intact with very small fees attached.
Compound (COMP) was added to Robinhood's trading platform recently and this further shows how valuable and acceptable it has become. Unsurprisingly, the coin's value has been dropping recently because of the current market dip.
Compound (COMP) has been predicted to rise and soar soon immediately after this current market dip passes. If you're looking for a unique cryptocurrency to recover your losses with, try looking at this coin.
Cardano (ADA) is a very popular third-generation coin that stands out as the leader of the above name. This crypto is able to achieve massive scalability and this is why it stands out. Having a very limited token supply of 45 billion makes this coin inflation-proof.
Cardano currently has a market cap of $16 billion with its native token, ADA, able to offer numerous services on the platform. In CoinMarketCaps' list of top coins, Cardano (ADA) is ranked 8th at the time of writing.
Cardano was able to get its unique name from a well-known scholar, Gerolamo Cardano while its native token, ADA was named after yet another popular scholar called, Ada Lovelace.
According to its whitepaper, Cardano (ADA) is able to leverage a genuine proof-of-stake consensus mechanism that allows full operation with very little energy. Since this crypto uses a proof-of-stake consensus mechanism, it's able to really achieve great speed in its transactions averaging 200 transactions per second.
Cardano (ADA) is a coin that's viewed as a must-have by many buyers and crypto enthusiasts. Make sure not to miss out on it and the rest listed in this article.
Website: https://parodycoin.io/
Telegram: https://t.me/PARODYCOIN_OFFICIAL
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.