Investors have been observing the vacillations of the cryptocurrency industry with interest. There have been bearish runs alternating with bullish runs. However, the bullish trends have been few in comparison with bearish trends. The details are all on display at Bitcoin smart, the highly-intelligent trading and investment platform.
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However, the global marketplace has been revealing significant signs of bouncing back to normal. Experts believe that it will reach its original worth of $1 trillion again. Furthermore, the growth of the virtual currencies industry will encourage the launching of innovative projects. In turn, there should be an enhancement of long-term and short-term values.
Bearing this in mind, seasoned investors urge beginners and not-so-experienced users to pay attention to five specific currencies. They are bound to yield 50 gains, even before 2023 arrives.
TARO
It refers to Taroverse, associated with the platform, RobotEra. The platform is exciting and linked to the metaverse. The metaverse is a multi-game one, and open-world in functioning.
Players from across the globe are keen to participate in these play-to-earn games. It is possible to engage in real-time communication through the usage of 3D avatars that are live and digital. The features that encourage communication, include emotes, voice chats, etc.
As the first metaverse platform on display, Taroverse can lend support to OS, iOS, Windows, Mac, and Android. Therefore, the TARO token seems to be a promising one.
CHZ
CHZ is a digital currency, which relates to the Chiliz initiative. The project focuses on entertainment and sports. The title, Chiliz, refers to the exclusive exchange and native currency of Socios. Socios refers to the fan interaction platform associated with a sports team.
Sporting fans are welcome to purchase tokens by using Socios. They also gain voting privileges, which they can use in favor of their favorite teams. The tokens permit informed decision-making, too. For example, football fans may reach a consensus by voting on the colors of the team’s costumes.
AVAX
It is the native token of Avalanche, a blockchain. Avalanche is decentralized, open-sourced, and utilizes the proof-of-work (PoW) consensus mechanism. AVAX occupies the rank of 14 in the list of biggest digital assets by market capitalization.
The Avalanche platform can handle Smart Contracts. Therefore, it offers a significant Layer-one scaling solution to Web 3 DApps. The Smart Contracts prove useful for this purpose.
The Ethereum platform manages just about 15 transactions per second on average. In contrast, the Avalanche blockchain handles around 6,500 transactions per second.
TRX
Tron refers to an open-source, decentralized, blockchain network, capable of hosting DApps. It can even lend support to Smart Contracts. The network supports the integration of Web 3 and NFT.
The native currency of the Tron platform is $TRX. Users keen on engaging in decentralized content creation should go for TRX tokens. Users can stake them on the proof-of-stake (PoS) blockchain. This way, they should enjoy a passive income. The Tron platform is interoperable with EVM (Ethereum Virtual Machine). Thus, there is a raised level of chain interoperability.
MANA
It is the native currency of the Ethereum-based network, Decentraland. Users may access a 3D virtual environment, thanks to advanced blockchain technology. Yet, the platform is more renowned as an element of the metaverse. It is because the environment is that of a play-to-earn (P2E) one. Participants are welcome to purchase and develop virtual plots of land. They may even trade in them.
Thus far, MANA has yielded great returns. They are equivalent to 3,555%. The future seems to be bright. Therefore, investors may pay $0.94 for a single token.
Concluding Thoughts
Apart from the above-mentioned cryptocurrencies, there are a few others that are equally good for gaining 50k as returns. One of them is D2T (Dash 2 Trade), with a native currency, $D2T. An advantage for users is earning rewards in the form of tokens, for participating in weekly trading tournaments.
Then again, there is IMPT, famed as the Green Crypto project. The platform permits the tokenizing of carbon credits, displayed as NFTs to users.
RIA tokens are linked to the Calvaria blockchain. The gaming platform is a play-to-earn one. Therefore, skilled users may gain rewards.
ADA is the Cardano network’s native currency. The network goes in for the proof-of-stake consensus mechanism.