Binance Ecosystem is one of the fastest-growing networks of DeFi protocols and decentralised applications (dApps). Its coin has set the path for many up-and-coming cryptos running smart contracts on its native main nets (Binance Chain and Binance Smart Chain (BSC)) or other popular blockchain networks like Ethereum, Tezos, Avalanche, and so forth.
Axie Infinity is an NFT-driven metaverse where you buy and train NFT collectibles known as Axies. The protocol runs smart contracts on the Ethereum blockchain — from which it derives the token standard (ERC20) for its utility coin, $AXS.
Our major concern, $AXS, has been many investors’ hot pick following its profitability indices. $AXS currently ranks in the top 50 cryptocurrencies and has generated over 22780% ROI for investors who had invested when the coin was worth about $0.123 in 2020.
The current crypto market crash, which has affected virtually every tradable cryptocurrency, has also significantly reduced the unit price of Axie Infinity (AXS), causing it to lose over 80% of its all-time high (ATH) price.
$AXS has reached incredible landmarks before, and I believe if market conditions remain favourable, it could soar steadily past its current ATH of $165, which it had accumulated in November 2021.
In essence, now could be a great time to monitor $AXS and invest based on confirmed tech analysis. You could earn 80x your investment in the long term if $AXS breaks its ATH price.
Not many cryptos can boast about their marketing tactics like Cronos (CRO). Famous for its crypto exchange Crypto.com, Cronos (CRO) now commands an ecosystem featuring NFTs, a marketplace, smart money, and DeFi foundations.
Cronos (CRO) is one of the few top 25 cryptocurrencies not up to $1 worth per unit. This could be an angel in disguise, as investors holding the crypto could get twice their investments by the time $CRO reaches $1.
Cronos’ marketing strategies to win traction have been working, as its market capitalization keeps increasing. $CRO is a deflationary token, meaning that there is a tendency it will get to $1 with time — a huge bonus for long-term holders.
Meanwhile, before you invest in $CRO, ensure you do your research, as this article is only a speculation of what the future holds for this coin. Nonetheless, it remains a top pick of profitable coins for long-term investors or holders.
Parody Coin (PARO) is a meme coin running on Binance Smart Chain as a BEP20 token. Many investors are already buying the coin through its current presale phase because they believe that $PARO will emulate Binance Coin (BNB) in time.
$PARO will be among the pioneers of the present phase of meme tokens with backed-up assets or utility. It will power a major part of the Paroverse and provide incentives and rewards to members of Parody Coin DAO and liquidity providers.
Many people are sceptical about investing in meme coins because they are primarily built around hype from their communities. A typical example is Shiba Inu (SHIB) and Dogecoin (DOGE) — victors of hype and community driving.
Parody Coin will be used in the Parody Coin NFT marketplace, where anyone can mint and trade parodied NFTs, plus the original versions of the parodied NFTs if they are the rightful owners.
The utilities and products surrounding Parody Coin (PARO) are enough to give the maximum traction it will require to develop its empire. Furthermore, The Paroverse is a multi-chain protocol to facilitate quick funding and drive high liquidity provision on the Parody Coin Swap or DEX bridge.
If you’re looking for a long-term investment to generate high ROI like Binance Coin (BNB) did during its early years, then Parody Coin (PARO) is one you should keep on your watchlist to create a potentially rich portfolio.
Follow its presale live with the information below:
Tags: Axie Infinity, AXS, Cronos, CRO, Parody Coin, PARO, Binance Coin, BNB, NFT