Five Crypto Tokens To Bag For Christmas
The cryptocurrency ecosystem recently has seen surge among many metaverse projects, but metaverse is not all to it. There are also other projects with potentials of achieving skyrocketing growth this season due to its community power, or the company associated with.
This projects we believe have the potentials of not only growing in December, but will be among the growth trend defining moments in crypto ecosystem in the coming year.
In no particular order, this projects are;
MOBOX: The Binance supported gaming and metaverse NFT token has recorded over 200% growth in November alone and the momentum seems to just beginning. The growth is going to take the format of CAKE token growth during late last year and early this year DeFi Decentralized finance season. Pundits also believe that it’s growth rally will mimick Axie infinity growth. So far the metaverse community has reached a million members in space of 12 hours.
MOBOX has a total of 79,000,000 circulating supply. If you would like to know where to buy MOBOX, the top cryptocurrency exchanges for trading in MOBOX stock are currently Binance, Mandala Exchange, Bitget, Gate.io, and ZT.
Grim Finance $GRIM : Compounding Yield Optimizer. Built on Fantom Opera. Allowing users to reap more crypto with crypto. Grim is a quickly growing Fantom-based Smart Yield Optimizer backed by a professional and active team.
The Grim team are currently working on three products: a GameFi application, a market maker application, and an index vault to maximize their returns, adjust their risk tolerance and give them single-click exposure to multiple asset classes. This project has a 9.3 million circulating supply.
Fantom : Fantom turned bullish in September when most of the crypto market was retreating lower and increased from around $0.50 to $3.50 by the end of October.
The platform’s compatibility with Ethereum means that users can purchase an ERC-20 standard FTM, which is automatically converted to native FTM once received to their wallet. Another version of FTM is available on Binance Chain using its BEP2 standard. Only the native FTM can be used on the Fantom OPERA mainnet itself. The total supply of FTM is 3.175 billion tokens, of which 2,134,638,448 FTM is currently in circulation. The rest will be released subject to a schedule running through 2023.
Staking forms an important part of tokenomics, with a proportion of the supply reserved specifically for staking rewards to users who hold FTM.
BENQI is a decentralized non-custodial liquidity market protocol built on the high-speed Avalanche smart contract network. The protocol allows users to lend, borrow, or earn interest using their digital assets.
The team chose Avalanche because of its decentralized network’s claimed high scalability, low fees and compatibility with popular plugin wallets. One of the goals of BENQI is to become a cross-chain hub, connecting Ethereum, Polkadot and Binance Smart Chain (BSC) through the Avalanche subnets.
The total supply of QI is set at 7,200,000,000 tokens, most of which are planned to be distributed through the liquidity mining program by 2024. During the initial coin offering (ICO) on April 28, 2021, 504,000,000 QI was sold on the Tokensoft platform. Of the total supply, 25% was allocated to token sales, 10% to the team, 14% to the treasury, 1% to exchange liquidity, and the final 50% to liquidity mining.
BRD : The price of Bread has risen by 419.04% in the past 7 days. The price declined by 9.94% in the last 24 hours. In just the past hour, the price grew by 0.90%. The current price is £0.657213 per BRD. Bread is 74.53% below the all time high of £2.58.The current circulating supply is 88,862,718.
Coinbase recently announced that it is bringing on the team from BRD — a crypto wallet startup that first launched its mobile wallet back in 2014. While the team is transitioning over to Coinbase, BRD’s co-founders say nothing will be changing for BRD users for the time being, and that their wallets will continue to operate normally and that user “funds are safe and secure.”
This is not a Financial Advice
All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from DiutoCoinNews.