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New tokens are introduced virtually every other day in the volatile world of cryptocurrencies. A new token called CryptoGPT has recently gained popularity on the market. But numerous cryptocurrency specialists have already identified AI-based blockchain technology as a fraud. And CryptoGPT has been exposed by crypto influencers.
Investors find it difficult to invest in such a scenario. However, ventures with sound principles, such as Love Hate Inu (LHINU), Metropoly (METRO), DeeLance (DLANCE), and Ecoterra (ECOTERRA) might be regarded as profitable investments.
The position of Jamila Jelani, who was initially named as the creator and CEO of CryptoGPT, was one of the first red flags identified by experts. She was later reclassified as a marketer before being fired from the project.
Several assertions concerning her prior employment history have also been shown to be untrue. There are other dubious people connected to the initiative, such as Dejan Erja, whose past experiences and sincerity have been contested.
The aforementioned warning indications make it quite evident that CryptoGPT is a scam. The inclusion of false material, questionable information about its investors and employees, and an exaggerated value suggest that the enterprise is seeking to deceive investors. Investors should always avoid it because of this. Fortunately, the aforementioned new projects show actual use cases and have solid foundations.
Let's begin analysing each of these crypto initiatives individually.
A new digital coin called Love Hate Inu has become popular due to its humorous graphics and characters that resemble actual people. Users can earn coins by participating in polls in the initiative, which has already raised over $4 million in presale.
Users must stake their LHINU tokens for 30 days to cast a vote. Love Hate Inu wants to build a forum where people can openly express their opinions. By purchasing LHINU right away, you join a group that values your viewpoints.
Love Hate Inu has a strong staff behind it and has undergone audits from various reliable organisations. It does not experience the same lack of transparency as CryptoGPT. This makes it one of the best investments, and its value is expected to rise soon.
DeeLance is a brand-new digital coin that mixes blockchain and freelancing to produce a Web3-based platform for hiring and freelancing.
Due to the system's ability to facilitate quick and secure transactions, freelancers using DeeLance can get payment nearly instantly in cryptocurrency. In contrast to CryptoGPT, it has meticulously outlined its future goals in its roadmap.
The presale for DLANCE, DeeLance's native coin, raised $99,000. The project's price is anticipated to rise in less than five days before it enters the following presale period.
Metropoly: Real Estate Investing with Just $100
The Metropoly project eliminates all obstacles to entering the world real estate market. To accomplish this, real estate assets are represented as non-fungible tokens or NFTs.
With Metropoly, customers may own opulent houses around the world from the comfort of their homes, diversifying their asset portfolio. It has made the real estate market more accessible to a larger number of players with a minimum investment requirement of just $100.
Investors should pay attention to Metropoly since it offers a practical use case. It enables users to rent out houses and generate rental income far beyond the industry standard.
The addition of Metropoly would aid investors in diversifying their real estate holdings from an investing perspective. METRO tokens are one of the most sought-after cryptocurrency investments this year because their value is expected to increase.
Ecoterra is a recently released eco-friendly cryptocurrency that rewards users for recycling garbage. Everyone is urged by Ecoterra to participate in efforts to achieve sustainability goals and to earn rewards for their efforts. It complies with the global movement towards pollution reduction by establishing an established recycling marketplace.
The token is expected to increase several times in value shortly thanks to its significant mission statement. Due to this, serious investors and crypto aficionados should not pass up on Ecoterra.
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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.
