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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
Many people are interested in early retirement and looking to the cryptocurrency space to make it happen. Retiring early with crypto is possible, as many early adopters of this industry have demonstrated. And preparing for an early retirement remains possible despite the current bear market.
We've identified three cryptos that are showing strong potential for gain. Those who buy into these coins now will be closer to retirement than they might have originally planned.
Scheduled for launch in mid-August, Gnox is a DeFi earning solution that is currently making a lot of noise in the crypto investment sphere. The protocol offers a unique yield farming service that allows investors to gain a passive income simply by holding the native token, GNOX. Apart from yield farming, the platform provides added income, which is sourced from the collection of a tax imposed on network transactions.
The price of GNOX is projected to increase exponentially upon its launch, giving prospective investors enough time to buy into this crypto to achieve their early retirement goals.
Neo is a blockchain platform for smart contracts, decentralized applications, and native oracles. This platform has often been referred to as the Ethereum counterpart that was founded in China. It quickly gained global popularity, however, by powering various smart money cryptos. In 2018, Neo even partnered with Ontology (ONT) to create the Nep-5 coin.
The platform's token, NEO, is used for governance, staking, and spending, among others. The price of NEO today stands at $8.59, but bulls in the market plan on pushing it between $9 and $13. The price is also expected to reach $20 by the end of 2022, making it an ideal asset for long-term gain.
With its goal of using a blockchain to provide permanent storage for infinite volumes of data, the Arweave platform is expected to play a significant role in the future of web3. It leverages an impressive distributed network of computers to support its storage services. Users can store files, reports, images, and other data by making a one-time payment using the platform's token, AR.
Without the need to pay recurring maintenance fees, Arweave provides a cost-effective option for enterprise-level data storage. As such, well-established crypto platforms like Polygon (MATIC), Solana (SOL), Polkadot (DOT), and Avalanche (AVAX) integrate with Arweave for the storage of their transactions data.
Cryptocurrency is an alternative investment asset that can strengthen your portfolio. Even in a bear market, you can start accumulating wealth from the right cryptos to enjoy an early retirement.
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