Cryptocurrencies are all the rage lately, and there is a multitude of them to choose from. So, which one should you invest in? Well, it depends on what you’re looking for. If you’re interested in a cryptocurrency that is focused on gaming, then FIREPIN (FRPN) may be a good choice for you. Created in early 2022, FIREPIN has quickly gained traction among gamers and investors alike. But can it surpass giants like AXIE Infinity and ApeCoin? Only time will tell!
AXIE Infinity Token: Among the Most Popular Metaverse Coins
AXIE Infinity (AXS) is a play-to-earn game that combines blockchain technology with gaming. In AXIE Infinity, users can train and battle their Axies to earn rewards. The game includes elements of collecting, breeding, and battling. As of March 2018, there were over 2,800,000 active players. The gameplay of AXIE Infinity is centred around training and battling creatures called “Axies”. These creatures can be trained in different areas. The goal of the game is to defeat all of the opponent’s Axies in battle.
The AXIE Infinity token (AXS) is a cryptocurrency that powers the in-game economy of AXIE Infinity, a digital pet universe where players can collect, breed, and train little creatures called Axies. The game is currently in open beta and available to play on Ethereum’s decentralised network.
Players can use AXS to purchase in-game items, including new Axies and accessories. Players may also choose to trade their AXS on decentralised exchanges for other cryptocurrencies or ETH. Owners of AXS tokens will be able to claim rewards if they stake their tokens, play the game, and participate in crucial governance votes. $AXS will be awarded to players who play games in the Axie Infinity Universe and through user-generated content initiatives. It is currently sold for $47.67.
ApeCoin: The Metaverse Coin for Artists
BAYC (Bored Ape Yacht Club) has its own native cryptocurrency, ApeCoin. It’s intended to be the community-led decentralised protocol layer for a variety of projects. It’s based on the ERC-20 standard and may be found here. Some of the world’s largest exchanges, such as Binance, FTX, and Huobi, trade this altcoin.
The Ape Foundation is the core layer where holders and the DAO may construct on. On the other hand, the DAO was established to grant power to APE token owners. Ape Improvement Proposal Methods will enable the DAO members to vote on Ecosystem Fund applications, projects, partnerships, and other aspects of the ecosystem. The total supply of APE is precisely one billion tokens. There are no possibilities to create more coins through its contract interface, and this supply will never rise. Furthermore, there is no burning capability, so the amount will not decrease. Its price is currently $13.10.
FIREPIN: A New Way to Become a Millionaire?
FIREPIN claims to be an all-in-one multi-swap DAO cryptocurrency that will be able to link five major blockchains, thus filling a gap in the market. FIREPIN (FRPN) aims to connect Binance Smart Chain (BNB), Ethereum (ETH), Polygon (MATIC), Avalanche (AVAX), and Solana (SOL) in the future, allowing users to make transactions quickly and inexpensively by utilising the most efficient blockchain at the optimum time.
The treasury money raised from investors will be used to finance NFT game development, 3D and metaverse VR games, gaming teams, and organisations with a long-term plan for Play to Earn (P2E).
According to their White Paper, FIREPIN aims to establish the most extensive crypto community as well as foster a long-term, rapid rise in value for its tokens. The White Paper states that there is a 6% fee for each FIREPIN transaction, which is divided into three parts: community airdrop, marketing, and LP acquisition. Existing FIREPIN Token holders are entitled to a 2% commission on all network transactions, which results in the accumulation of more tokens over time for those who keep it for a long duration.
The current pre-sale price of FRPN is $0.000067.
Can FIREPIN be a Scam?
Certik is currently assessing the FIREPIN Token. Certik’s goal is to safeguard the cyber world, and this inspection will undoubtedly boost investor confidence. In the White Paper, it is claimed that there will be a total supply of 100 billion FIREPIN tokens across all protocols, with 30 million reserved for the presale. There will never be any more FIREPIN Tokens generated to avoid excessive inflation. It’s possible that buying the coin when it’s on the market and selling it when it goes up again might be a smart investment, allowing you to make money when it rises. On the other hand, it should be noted that investing in cryptocurrencies always has certain risks.