Ever since we have been introduced to the world of cryptocurrencies, there have been a lot of new token launches nearly every day. Due to the current market volatility, it is important to choose the correct next big cryptocurrency that can deliver the best return on investment. If you are a cryptocurrency enthusiast, you might want to consider looking at the 3 cryptos that we have selected after a lot of research. All 3 have great use cases and could potentially deliver huge returns in the future. These 3 coins are: Litecoin (LTC), Cronos (CRO), and Parody Coin (PARO). Parody Coin is a new deflationary utility BEP20 token built on the Binance Smart Chain (BSC). In this article, we will discuss why cryptocurrency enthusiasts should have these three tokens in their portfolios.
Parody Coin: the new future of NFTs
The PARO Token is currently available for presale and has attracted the attention of investors. As a deflationary token, the number of coins in circulation decreases over time, unlike other coins. This will help in increasing the value of tokens over time. The Parody Coin facilitates instant transactions and has many innovative features to ensure the maximum potential profit for its users in the long term.
There are three key utility features offered by PARO to its users- Parody Swap, Parody Bridge, and the Parody NFT marketplace. It provides users multiple ways to earn rewards and passive money through their participation in the token ecosystem. Parody Swap allows users to swap crypto tokens easily and quickly across different blockchain networks.
The Parody Market allows users to mint parodies from popular NFTs at a reasonable price. Parody bridge allows the transfer of PARO tokens to other blockchains.
Holding the PARO Token for a long term helps the users to receive rewards from a collective pool of 5% of the transaction tax which is automatically redistributed to all holders. The PARO ecosystem aims to ensure that all dApps receive the best environment to develop and thrive. It tries to consolidate the advantageous features of the NFT markets to create an ecosystem wherein token holders can gain a potentially huge return on investment. By trying to cut down on the excessive fees and costs associated with NFTs, PARO aims to make NFTs more accessible and beneficial. The parody version of NFTs will be more accessible to users. The original owner will also be able to claim the NFT by deciding to burn or lock the original NFT on which the parody version is based.
Though the cryptocurrency market is quite volatile, getting your hands on the best tokens at the earliest is an important factor to gain more potential profits. PARO has the potential to change the way NFTs are traded forever and participating in its presale will ensure you a ticket to hit the NFT mania which is set to take over the future. PARO creates excellent buying opportunities for those who are interested to invest in the long term.
Litecoin introduces faster payments to change the way transactions are carried out
Launched in 2011, Litecoin develops a global digital payment system for everyday transactions. It provides a secure, decentralized, and peer-to-peer payment system. Litecoin offers quicker financial transactions through its sophisticated technologies. The LTC Token has delivered huge returns in the past and can be considered a long-term investment asset in the future too. One attractive feature of Litecoin is that it takes less time to create new blocks of transactions and hence reduces waiting time to receive confirmation of payments.
Cronos is being fast adopted by developers
Launched by Crypto.com, Cronos is a ‘smart contract’ cryptocurrency blockchain network. The CRO Token was created with an aim to make cryptocurrencies more accessible to the general public and to maintain security through staking. An easy- to-use platform, CRO offers lower trading fees, and higher rewards on renting. The CRO ecosystem can process transactions really quickly at lower costs and higher security. The Cronos network is being adopted at a very quick rate by many developers and might experience a series of price spikes in the future.
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