Crypto surged in both popularity and price in 2021, becoming some of the best-performing investments of the year. While this year started off in the midst of a crypto winter, the market appears to be recovering fairly well at the moment. Thus, investors are looking for the next cryptos to explode.
Some crypto experts believe that Metaverse tokens, which are used in virtual worlds to buy things like land or in-game items, will be among the top contenders for 2022, considering the level of mainstream appeal and investment held in Metaverse development.
FIREPIN Token (FRPN), which is in its second stage of presale, is rumoured to be one of the Metaverse tokens to take off. Since the start of the presale, its price has already risen by a meteoric 2000% with more time for it to climb until its launch towards the end of May.
Could FIREPIN Token (FRPN) outshadow Metaverse royalty like Decentral and (MANA) and The Sandbox (SAND)? With newcomer ApeCoin (APE) managing to top them in a matter of weeks, it could be more likely than you might think.
Decentraland (MANA) & The Sandbox (SAND)
The Sandbox (SAND) native currency is SAND, and Decentraland (MANA) uses MANA.
In their respective Metaverse platforms, both cryptos can be used to buy land and in-game items.
Last November, both rival Metaverse platforms experienced a surge in value after Facebook refocused its business on creating a Metaverse – even rebranding as Meta – and a flood of new funding poured into them.
An investor who bought MANA in 2017 would have gotten a nearly 12,000% return today, according to CoinMarketCap data. From about 8 cents to $3.27 within the space of a year, it increased nearly 4,000%. Meanwhile, an investor who bought SAND when it first went public would have made nearly 45,600% ROI today. SAND prices have risen by a further 9,400% within the last year.
FIREPIN Token (FRPN)
The presale for FIREPIN Token (FRPN) is currently underway, giving early investors the opportunity to profit handsomely if the Metaverse token takes off.
Because of the rate at which its price has been rising, FIREPIN Token (FRPN) has been gaining traction all over the crypto world. Since its launch in February, the FRPN token’s price has more than doubled, soaring from $0.000067 to $0.0023!
But why is it generating so much interest? Will FIREPIN Token (FRPN) have multi-chain integration? Will it be entirely fueled by its community? Contain a Metaverse DAO to encourage the growth of virtual worlds?
To all of these, the answer is yes.
FIREPIN Token (FRPN) intends to use treasury funds allocated by users to invest directly in teams and corporations with a long-term vision for metaverse and P2E games. As a result, FIREPIN Token (FRPN) offers a variety of benefits to its holders: of the 6% transaction fee, 2% is airdropped to the community, giving holders a steady stream of passive income.
FRPN will also be transferable between 5 different networks: Ethereum (ETH), Binance Smart Chain (BNB), Polygon (MATIC), Avalanche (AVAX), and Solana (SOL). Transferring funds between blockchains is typically costly and time-consuming, but FIREPIN Token (FRPN) simplifies the process massively at a fraction of the usual cost.