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The last few years have witnessed a large number of blockchain platforms introducing new cryptocurrency stocks with feature-rich offerings. They have shaken up the playing field, giving pause to elders Bitcoin and altcoin leader Ethereum (ETH). Building the infrastructure to allow space for new offerings to crypto to rejoice and engage in. Investors can now select from inflationary, deflationary, or meme tokens based on their crypto strategy.
The 2022 crypto winter has led to a dip in cryptocurrency values. With the coin market hovering at its lowest due to global inflation, crypto tokens remain available at shockingly low prices. Below are three cryptocurrency stocks that have the potential to churn out big profits and become crypto coin market leaders in the future.
A product by the Swiss Interchain Foundation, the Cosmos blockchain platform began circulating in 2014. The interoperability blockchain feature was quick to drive the popularity of ATOM. It stands at a market cap of above $2 billion despite the crypto downturn.
The Cosmos ecosystem continues to remain strong and adheres to a proof-of-stake protocol, which Ethereum is set to adapt. It facilitates cross-chain smart contracts on a single network. An open-source hub named Cosmos SDK entices developers to create, power, and monetize their dApps. ATOM offers many real use cases that attract investors. Tendermint, an exclusive Cosmos product, enables secure and fast contract validations and a rewarding cryptocurrency market experience.
As the smart contracts distribution on the blockchain is staring at exponential growth, it's plausible Cosmos will take up a large scoop of it.
Launched in 2018, Tezos has beat the COVID-19 downturn and 2022 crypto crash to continue with a near $2 billion market cap. Its cryptocurrency XTZ is an interesting mix of inflationary and deflationary features. This aspect is likely to assure growth during the bull rush and stability when an inevitable cryptocurrency bear market takes hold.
Tezos mostly follow Ethereum's technology. The minting of XTZ continues as investors gather pace in their pursuit of it. However, its inherent funding model ensures an increase in supply doesn't bring down the coin price. Tezos also runs its own NFT marketplaces with more options to earn. Each stakeholder has the right to take part in its blockchain network governance decisions.
Feeding on Ethereum's energy-based transactions, Tezos enjoys the backing of a resourceful community. These attributes make XTZ a strong cryptocurrency with the possibility to become a market leader.
A meme token, Parody Coin introduces a deflationary model that can end the bearish trend in the crypto market. The new cryptocurrency is designed to attract fresh investors while preventing oversaturation in circulation. Paroverse, the Parody Coin ecosystem, runs on the Binance Smart Chain. Akin to other blockchain platforms, it allows the storage of codes and the execution of smart contracts.
PARO is created with a market-oriented philosophy. It will see a steady rise once the crypto market is on the upswing. With a crypto winter such as the one we're currently witnessing in 2022, the Parody Coin will, however, turn deflationary. A portion of the crypto coins used to transact will burn to reduce any disproportionate supply that wrecks the demand for it. This can ensure PARO appreciates and stabilizes despite market volatility.
Parody Coin is going to introduce an exciting new metaverse variant with blockchain interoperability. It will also offer a fun NFT marketplace for PARO buyers to mint assets, trade assets, and make passive income. Its security architecture prioritizes preserving intellectual rights, a key concern in the fast-evolving cryptocurrency market. Contrary to blockchain platforms, this allows greater user privacy and control over assets to the exclusion of third-party interference. Parody Coin community allows a flexible swap mechanism facilitating multi-chain transactions.
Investors' interests in PARO presale stages have already indicated its prosperous future potential. Early-bird investments are likely to bring a 200% return in a matter of months.
Website: https://parodycoin.io/
Telegram: https://t.me/PARODYCOIN_OFFICIAL
Twitter: https://twitter.com/ParodyCoin
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
