With all the cryptocurrency news flying around, crypto enthusiasts can easily get distracted. At this moment, your focus should be 100% on the market and how you will make the most of it. Therefore, you must cut out all the noise from the crypto news and focus on the market. How is your portfolio looking? What cryptocurrency projects have performed well, and what projects haven't performed so well?
These are the questions you need to ask yourself. As you ask these hard questions about your cryptocurrency portfolio, your end goal becomes clearer, and you can begin to plan toward it. As you look into cryptocurrency projects to add to your portfolio, remember that you need to conduct thorough research before you make purchases.
Three cryptocurrency projects you should be looking at are Floki Inu (FLOKI), STEPN (STEPN), and Keninah Concord (KEN). These three projects are trading below market value due to market conditions. Additionally, they have solid fundamentals and excellent use cases, making them a value add to your portfolio. Here is a brief breakdown of the three projects.
Floki Inu (FLOKI) is a dog-themed community token. It uses the Shiba Inu dog as its mascot and is one in a long line of dog-themed social tokens. The Floki Inu project is a movement with vocal online evangelists and a strong community.
Floki Inu is a spin-off of the Shiba Inu (SHIB) community token, which is a successful dog-themed coin. Additionally, It is a multi-chain project that would be available on various blockchains. Floki Inu is currently available on Ethereum (ETH) blockchain and the Binance Smart Chain (BSC).
The project will build an inclusive community that will incentivize participation through the right partnerships and use cases. FLOKI token holders would be incentivized to participate in the ecosystem and use the token for transactions.
Floki Inu has created three projects which provide utility for its users. These three projects are a gaming metaverse called Valhalla, an NFT marketplace named FlokiPlaces, and the third is Floki Inuversity a crypto information platform for new crypto newbies.
STEPN (GMT) is a web 3 fitness and lifestyle platform built on the Solana (SOL) blockchain. It uses crypto to incentivize users to exercise. STEPN gamifies the exercising experience using Play-to-earn mechanisms called "move to earn" to reward users as they perform these physical activities.
Users would need to join the STEPN platform and purchase NFT sneakers before they begin earning rewards. STEPN would reward users for physical activities such as walking, running, or jogging and uses GPS technology to ensure they do not cheat the system.
STEPN operates a multi-token system that uses GST for transactions while it uses GMT for governance. GMT holders have the right users to propose changes and vote on change proposals by other members. On the other hand, GST holders can perform transactions in the app. Additionally, rewards are given out in GST. The reward level depends on the type of sneakers the user purchases.
Keninah Concord (KEN) is a crypto platform that allows users in war-torn areas to receive crypto donations. The breakdown of traditional financial services in these areas has spurred the creation of this network.
Keninah Concord addresses donation issues such as transparency and accountability using distributed ledger technology. Furthermore, Keninah Concord will connect donors and recipients, giving users a direct pipeline between those who want to offer relief and those who need relief. The KEN token will be used as the medium of exchange on the network and will facilitate transactions.
The Keninah Concord network is currently holding its pre-sales, and you can join the action by purchasing tokens now. There are numerous bonuses available when you purchase the KEN token.
For example, you receive a 14% bonus when you purchase KEN with BNB and an 11% bonus when you purchase KEN with ETH. You also get $30 worth of KEN tokens when you refer a friend who spends $100 on tokens. The best part? Bonuses can stack!
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.