With the onset of June, the crypto market is exhibiting a semblance of stability over the past week. However, the recent market downturn and the performance of immensely volatile cryptos such as LUNA repulsed investors from the crypto space.
However, if manoeuvred skillfully, the crypto market can be beneficial in financial terms. With the right timing and amount of investments, one can achieve a well-rounded portfolio.
Firepin (FRPN) Offers Futuristic Features
FIREPIN Token (FRPN) has entered the market and is promising a set of features that could be all that defines the future of crypto. It is a DAO Token that enables the community feeling by vesting the power of decision-making in the hands of token holders. The quantity of governance tokens a member possesses determines their voting power, however, this does not offer them any special rights or benefits. This further makes it a rather democratic investment.
By utilising the Web 3.0 potential, the FIREPIN project is set to build a Metaverse of its own, a signifier of good potential. The token is currently in a presale phase making right now the ideal time to invest at a lower price and watch your principal amount reap hefty profits in the coming weeks. Moreover, long-term FRPN token investors can receive passive income as they will regularly be rewarded by the airdrop pool.
Solana (SOL) Poses the All-Time Low As An Opportunity
After peaking back in November 2021 at $258.93, Solana (SOL) has exhibited a gradual and steep decline in its value across months and quarters. Despite this downward performance, Solana (SOL) has continued to retain the faith of its investors, given its commendable smart contract and proven blockchain technology.
SOL’s most recent value fall comes as the Solana blockchain has periodic failures, rendering its network virtually unusable for hours for its core “dapps,” such as lending technology Solend and decentralised exchange Serum. For example, on June 1, Solana’s latest software fault caused the network to go down for 4.5 hours. The worst outage occurred in January, which lasted nearly 18 hours.
However, the enormity of the Solana blockchain is implied, which leads to inadvertent network outages, and Solana tends to refurbish the failures promptly. This functionality and speed of Solana keep the investors secure, and a fall in its value is mostly seen as an opportunity to invest and HODL for gains that will unfold in the coming months.
Chainlink (LINK) Shows An Interesting Case of Volatility
Recently, the Chainlink (LINK) token hit an all-time low in a year at the price of $5.5, which took the investors aback. At press time, LINK is trading at the value of $7.55, which comes with a prediction of touching the $10 point in the market. However, it can be achieved only if bears do not pull back.
With interesting trends, Chainlink (LINK) has established itself as a lucrative investment opportunity at the moment.
It should be noted that any investment should be locked down only after sufficient research and portfolio analysis. Furthermore, the investments must always align with your financial aspirations and should not necessarily mimic the generic investor behaviour.
Learn more about Firepin (FRPN) here: