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Bitcoin (BTC) and Ethereum (ETH) are the two godfathers of the crypto space. At the time of writing Bitcoin (BTC) is trading at $37,620 and Ethereum, $2680. The potential for a 5, 10 or 100x on your money with these coins is highly unlikely as they are already well established and a ridiculous amount of money would have to flow into them to move the price that high. If you’re looking to make some money with crypto this year, altcoins could be the way to go with Polygon (MATIC), Fantom (FTM) and HUH Token (HUH) showing some serious potential.
Polygon
Polygon (MATIC) is a layer 2 scaling solution cryptocurrency on the Ethereum blockchain that provides networks with secure off-chain transactions that tend to be much faster and cheaper than using Ethereum itself. Launched in 2017, the network has seen steady growth and gained mainline attention as it established itself as A top 20 cryptocurrency in 2021. The current price of $1.59 is nearly 50% below its all-time high price of $2.92 as the entire crypto market has seen a dip. As the NFT space continues to develop and expand, Polygon (MATIC) could become a household name in the space. Currently, Ethereum (ETH) is used for the majority of NFT transactions but the gas fees are high and the processing time is relatively slow. This is where MATIC comes in, offering creators the opportunity to create and mint their collections at super quick speed and for fractions of the price.
Fantom
Fantom (FTM) is another smart contract platform that boasts high performance and scalability. It has. A revolutionary aBFT consensus mechanism called Lachesis which allows it to be even faster and cheaper than older smart contract platforms such as Ethereum (ETH) whilst using a proof of stake protocol to offer high levels of security. Fantom (FTM) has huge potential this year as it differs from other smart contract platforms in that it gives each dApp built on the network its own individual blockchain. This is beneficial as it doesn’t clog up the system with thousands of transactions, which is a common occurrence with Ethereum (ETH). The technology of Lachesis still allows all the different dApps and blockchains to interact with each other despite being independent. Trading at $2.00 at the time of writing, Fantom (FTM) is down $1.46 from its all-time high price. If it were to reach the same market cap as Polygon (MATIC) it would be trading at $4.27 and as the crypto space continues to grow there’s no reason to stop it from reaching a market cap that Ethereum (ETH) currently has. If this were to happen, Fantom (FTM) would trade at a mammoth $126.45, a 63X on your investment.
HUH Token
HUH Token launched in December 2021 to tremendous success. The utimeme coin saw a 6000% increase in price after its initial launch and is currently on schedule with its ambitious roadmap which includes a brand new social media platform and NFT marketplace. There is also a unique referral system that encourages buyers to hold long term. For every new person that signs up to the network with your referral link, you will receive 10% of their initial deposit in Binance Coin (BNB). As there is no limit to the number of people you can get to sign up with your link, there is the opportunity to earn a lot of money. This has great potential for the social influencer world as they could have many millions of followers. HUH Token (HUH) also distributes its native token HUH to its holders every time a new transaction is made, this means that as a holder of HUH Token (HUH) you have the potential to have two streams of income.
Before purchasing any cryptocurrencies you should do your own research, the information here is meant for educational purposes and shouldn’t be taken as financial advice.
Find Out More Here:
Buy On HUH Website- https://swap.huh.social/
Buy On PancakeSwap: https://pancakeswap.finance/
Buy On Uniswap: https://app.uniswap.org/#/swap
Website: https://huh.social/
Telegram: https://t.me/HUHTOKEN
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