During times of dip, accumulating huge volumes of promising cryptocurrency tokens can be a wise strategy to potentially earn millionaire gains in the medium to long term. While cryptocurrencies tend to display a lot of volatility in the short term, seasoned investors usually ignore such fluctuations and focus instead on long-term returns. Having conducted hours of research, here's our pick of the 3 cryptos that could very potentially yield huge returns in the future and should be added at every dip opportunity.
The three coins in question: Supontis (PON), Shiba Inu (SHIB), and Aave (AAVE). Let's find out why these three coins could help you reap potentially huge profits in the long term.
Supontis is a new and upcoming platform that will focus on bridging assets between different blockchain networks. Many blockchain networks are currently working on ensuring cross-chain compatibility and Supontis could enjoy an early mover advantage.
The network will be powered by a cryptocurrency known as PON which will be used to pay for transactions and also used for staking purposes.
While many cross-chain bridging solutions have been developed in the past, very few have offered cutting-edge security. Cross-chain bridges have remained vulnerable to security exploits. The Supontis platform will help in ensuring security by minting tokenized assets which will then be used in the other chain. When the user wishes to revert to the original token, the corresponding coin is burned and the balance is restored. It is a good solution and will ensure assets can be transferred quickly across networks.
The PON ecosystem will be governed through a DAO and users will be able to vote on proposals. Token holders with significant quantities will be able to introduce proposals as well.
The PON Token will be offered for purchase on presale. To ensure there are no rug pulls, the tokens sold during the presale phase will have a vesting period of two months.
The initial sale price of PON will be fixed at $ 0.0056 and early adopters could potentially generate huge returns in the future as the platform starts delivering on its road map.
First Miami Presbyterian Church has announced that it will accept Shiba Inu as a donation method. The Shiba Inu cryptocurrency is one of the most popular meme tokens in the cryptosphere and has seen a tremendous escalation in the past. The SHIB Token has seen massive adoption as a payment currency by reputable businesses across the world. This move will help in proliferating the adoption of SHIB by retail players. The Shiba Inu ecosystem has come up with many exciting features for its users including a metaverse component. It also introduced a burn mechanism to reduce the supply of tokens, maintaining its exclusivity.
Ethereum whales are busy adding huge volumes of Aave to their portfolios. The AAVE Token has seen a huge price spike in the past and can also be considered
a smart long-term option, given its strong utility. Aave was the pioneer in DeFi loans and is known for the flash loan concept. Users are allowed to choose between fixed and variable interest rates. The Aave protocol has helped in taking the DeFi movement mainstream and aided the increase in popularity of loans in the cryptocurrency world. The AAVE Token can also be included amongst the esteemed company of PON and Shiba Inu for potentially huge returns in the medium to long term.
It should be emphasised, it is important to carry out your own research before making any investment decisions. A long-term strategy is ideal for cryptocurrency investments as the market tends to react quickly to developing news stories.
Follow crypto learning resources and social media channels for gathering updates and information on the latest trends. Diversification of assets can also help in reducing risk to some extent.
Supontis Token (SUP)
Presale: https://register.supontis.com
Website: http://supontis.com/
Telegram: https://t.me/SupontisTokenOfficial
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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.