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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
Following the success of established projects like Bitcoin or Ethereum, many people have approached cryptocurrencies to see what they are, how this technology could revolutionize the world, and whether it is an opportunity worth exploring as many projects are launched every day.
In this article, we cover some of the cryptocurrencies that we think could be a good opportunity to increase the returns of your digital assets.
Presales are one of the most lucrative ways to turn a small amount of money into a fortune. If you don't believe it, you can ask all those who have become millionaires by buying meme coins such as Pepe and find themselves wealthy from one day to the next.
One meme coin that is set to take the market by storm is Meme Moguls. Meme Moguls is a meme-based stock exchange where users will be able to trade meme based assets, and compete with other traders in daily and weekly competitions to win prizes.
Currently, in presale the token's price is at $0.0021 (already up 10%), and as bonus there is a $10,000 giveaway at the end of each presale stage to one lucky token holder.
Meme Moguls' mission is to make 100 millionaires in the first three months of its launch, so, with that promise, what are you waiting for?
Binance Coin (BNB) is the cryptocurrency of the Binance platform exchange, which is the largest cryptocurrency exchange in the world. Although Binance Coin was originally based on the Ethereum blockchain, it is now the native cryptocurrency of the Binance blockchain, the Binance Chain.
Binance aims to reduce the number of BNBs available, so every quarter, it uses part of its profits to buy again or burn Binance Coin. Binance Coin is one of the top cryptocurrencies by market capitalization – at the moment of writing – only surpassed by Bitcoin, Ethereum, and Tether.
Binance Coin was launched during an initial coin offering (ICO) in 2017, in which the token raised $15 million when its price was $0.15 per token. Although 100 million Binance tokens were initially offered in the ICO, the current total supply is lower.
The latest BNB burn was on April 14, 2023, when it burned more than two million BNB, equivalent to $676 million worth of tokens.
BNB Coin is used to pay transaction and trading fees on the Binance exchange. Furthermore, BNB Coin can be used to make credit card payments, pay for travel arrangements, make investments, donate to charity, buy virtual gifts, and make loans and transfers.
As of August 2023, the Binance Smart Chain was processing as many as 3.9 million daily transactions; triple the amount of Ethereum's all-time high in daily transactions.
Dogecoin (DOGE) is a peer-to-peer, open-source cryptocurrency. Considered an altcoin, Dogecoin was launched in December 2013 with the image of a Shiba Inu dog as its logo. By 2017 its value significantly.
Their founders and creators thought it was necessary to have a cryptocurrency that made fun of and satirized the world of cryptocurrencies and the speculation around them. The project gained supporters and has a strong community behind it, including public figures like Elon Musk, who is responsible for many of the bullish trends of this memecoin.
Dogecoin continues to have a core of supporters who trade it and use it to tip for content on X platform (formerly Twitter) and Reddit.
In fact, contrary to the original idea set by Bitcoin of creating a deflationary model of currency, Dogecoin is precisely the opposite: it was an inflationary model. Dogecoin has a market capitalization of $9 billion and it is the 8th largest cryptocurrency in the world. So, even if Dogecoin is a memecoin with limited use cases, it is still a good option to make profits.
These are some of the cryptocurrencies we consider a good investment, but as always, it is best to do your own research.
Bitcoin is resurging, with prices going up steadily due to growing institutional interest, the next halving event, and the potential approval of a Bitcoin ETF by the SEC. The last point will be a major milestone for the cryptocurrency and for the cryptocurrency world in general.
If the SEC approves the ETF, the price of Bitcoin increase significantly, with some experts predicting that Bitcoin's price will surge from the current $38,000 level to at least $60,000, meaning huge profits for current holders.
Ethereum is the second largest cryptocurrency in the market, only behind Bitcoin. And while Bitcoin has become the "digital golden", it is true that Ethereum is the blockchain with more potential to create more technological developments.
It is not possible to predict the future, but the possibility of creating an Ethereum ETF will increase the value of the crypto, as corporative investors will be able to invest their money for the first time. Moreover, if you are thinking of making a fortune overnight, Ethereum is not the crypto for you.
There is a high possibility of Ethereum becoming widely adopted by institutions and companies in the near future and an increase in agents trying to develop this technology so there is no doubt that Ethereum, like the real estate industry, will increase its value over time, especially, if it becomes the dominant cryptocurrency, even over Bitcoin.
