For a lot of people last year, it would have been the first time they set up crypto wallets and what a time to do it.
The altcoin boom of 2021 increased the popularity of cryptocurrency globally and greatly introduced a significant number of crypto investors to the space. Fırepin news…
The likes of Terra (LUNA) and Monero (XMR) surged during 2021 with the former solidifying itself as a top 10 cryptocurrency.
FIREPIN Token (FRPN) recently entered the cryptocurrency industry and has had an eventful journey as the project is currently in phase two of its presale.
How to win with FIREPIN Token (FRPN)
FIREPIN Token (FRPN) is a project that aims to impact various sectors in the digital asset industry, allowing users to connect with up to five blockchains to swap FRPN tokens, including the likes of Polygon (MATIC), Solana (SOL), Binance Smart Chain (BSC), Avalanche (AVAX), and Ethereum (ETH).
Alongside its multi-chain capabilities, FIREPIN is focused on investing in the Metaverse and NFT industries.
Using funds from its treasury funds, the project aims to develop 3D Metaverse VR games, NFT game development, the 3D industry and the play-to-earn (P2E) games.
FIREPIN is also a DAO platform (decentralised autonomous organisation) giving its community the ability to vote on decisions regarding the project.
The growth of FIREPIN has been remarkable to witness as the FRPN token has risen from its starting presale price of $0.000067 to its current price of $0.0023, in what is a quadruple rise in value.
We are truly at the beginning of this project that will be listed on both PancakeSwap (CAKE) and Uniswap (UNI) in May, as well as the launch of its multi-chain deployment.
Terra (LUNA) is one of the last cryptos standing amid crypto bearish run
During this crypto sell-off, most cryptos including Bitcoin (BTC) and Ethereum (ETH) are in the red, falling below $40,300 and $3,000, respectively.
However, aside from the new top 10 ranked Dogecoin (DOGE), Terra (LUNA) is the only one trending in the green.
As a blockchain payment platform for stablecoins, Terra creates stablecoins that can track the price of any fiat currency like the U.S. dollar or the Euro.
Having broken its all-time high just three weeks ago with a value of $119.18, LUNA now sits at $96.33, at this time of writing.
An 8.3% in the past 24 hours for LUNA has helped the crypto keep up its impressive form in the market.
Why has Monero’s (XMR) performance rallied?
You wouldn’t think a cryptocurrency that hasn’t recorded an all-time high in over four years remains a top 35 crypto, but Monero (XMR) is here smashing down your preconceived notions.
Monero is an open-source blockchain that makes transaction details anonymous as well as disguising the addresses from where the transaction originated from.
While this secures the privacy of its users, Monero’s blockchain can also be used for illegal activities with the dark web being a popular destination for those wanting to take part in unlawful activities.
However, that doesn’t take away from XMR’s recent market run having surged 25.4% in the past month.
Reasons for Monero’s price rally include its impending network upgrade on July 16 2022 which will allow users to gain more base privacy.