The year 2022 is off to a great start for the cryptocurrency market. Yes, there have been hiccups along the way but analysts are predicting that the ever-evolving, ever-growing industry will be able to reach the predicted total value of 4 trillion dollars by 2025. Firepin news…
With digital tokens like Bitcoin (BTC) and Dogecoin (DOGE) reaching record highs and turning investors into millionaires, there is a growing interest in the industry and the possibilities it holds. Nonfungible tokens (NFTs), another kind of digital asset, have become ever more popular, bringing the once-niche technology into the mainstream and attracting heaps of investors new and old.
Bitcoin (BTC), FTX Token (FTT), and FIREPIN Token (FRPN), as well as other top currencies, showed substantial growth in the first quarter of 2022 and are now praised by crypto-gurus as possibly being the best ventures to invest in 2022.
Firepin Token (FRPN)
FIREPIN is nearing the end of its spectacular presale. Only one presale stage is left to go and analysts are confirming that getting in early has the potential to generate hefty returns. Since its inception in February, the price of the FRPN token has climbed by 2000%.
With just a month remaining in the presale, the time to maximise your profits is now, since the price can only go higher until the May 27th release on Decentralized crypto exchanges (DEXs). There’s no knowing how high the price of FIREPIN will go once it’s available on exchanges, and you really don’t want to miss out on this one.
FRPN was worth $0.000067 in February
FRPN is currently up to $0.0023
That’s a 3000% increase in just two months.
FTX Token (FTT)
Goldman Sachs launched a Bitcoin trading desk in 2018, but due to increased demand, decided to restart it in March 2021 and it is now expanding to FTX Token (FTT).
According to a Financial Times story published on Thursday, Goldman Sachs CEO David Solomon met with Sam Bankman-Fried, founder of FTX in a closed-door meeting in March. The meeting’s goal was to strengthen relations between one of the world’s largest banks and the nascent cryptocurrency exchange.
The major topic of conversation was US regulatory concerns. Goldman is eager to assist FTX in engaging with American regulatory bodies, such as the Commodity Futures Trading Commission (CFTC).
Solomon also said that he would be happy to offer standard banking solutions for the exchange.
After completing a $400 million Series C financing in late January, FTX was valued at an eye-popping $32 billion.
FTT was worth $31.98 in January 2022
FTT is now to $44.57 and up 4.30% in 7 days
Bitcoin (BTC)
The world’s biggest cryptocurrency by market capitalization, Bitcoin (BTC), had a successful year in 2021 and at the beginning of 2022, with a 65 percent increase in value between January 1 and late December. It reached a market capitalization of $1 trillion for the first time in February. The market capitalization has since dropped to about $806 billion as a result of last week’s dip where the BTC price fell under the $40,000 mark.
BTC has gained +3.70 in seven days.
BTC was worth $33.725.93 in January 2022
BTC is now back up to $42.436.95
Investors last week were “buying the dip”. Looks like that was a great move, imagine what you could have gained!
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