For years, Ethereum and Bitcoin dominated the cryptocurrency market, and for people who bought in early, the wave was advantageous. They enjoyed all the benefits of buying valuable and volatile crypto assets.
Bitcoin's price went a long way from its starting price of $0.0008 to over $64,000 in 10 years. Ethereum also gained over a 30,000% increase giving investors good returns for their money.
Although, with the recent drop in price, it is easy to be deterred as a crypto investor or a beginner. Nonetheless, the market has always fluctuated, favoring early buyers the most.
Now, how do you get the full advantage of being a cryptocurrency investor even though the prices of BTC and ETH have skyrocketed from what they used to be years ago?
The simple trick is buying into the next big thing! Many have not been able to forgive themselves for missing out on the BTC-ETH advantage, so you should join the latest league of futuristic crypto coins – Dogecoin, MagniSwap, and Ripple.
Magniswap Token is one crypto token that has massive potential to give investors good returns for their money. The Magniswap community was founded in 2022 to deliver cryptocurrency solutions that provide growth opportunities and the availability of cryptocurrency for different uses.
This means MAGNI has a system that includes rewards and opportunities to build from scratch at its core and allows investors to swap the token for any other token of choice. This way, the token can be used in different cases, and there is an advantage and protection in case of volatility.
The MAGNI token is built on a BNB smart chain and charges low transaction fees, more reasons why it is an excellent prospect for beginning HOLDers and other future-oriented investors.
MAGNI offers profit through its yield farming, and anyone can buy into the presale to get the token presale while still accumulating bonuses.
Ripple was released in 2012, and then its primary process was a payment settlement asset exchange and remittance system used for secure international transfers across currencies.
It allows easy transfer across currencies worldwide, it did not take long for it to become a digital network to facilitate transactions and quick conversions. It also has low transaction fees, like MAGNI, and partnerships with financial companies worldwide. The coin has had its ups and down, yet, it is expected to continue to stay relevant in the future because of its essential use case.
Launched in 2013, Dogecoin opened at $0.0005588, and barely two weeks after, it gained over a 300% increase in price. Today, it is higher than $ 0.05, a long way from its starting point, with a promising future price that will manifest with time.
Although created by Jack Palmer and Billy Markus, the coin caught the interest of Tesla founder Elon Musk who has since stayed committed to the coin and the community.
Dogecoin is correctly accepted as a form of payment and has shown great potential as a decentralized currency. It has a supportive, growing community and has proved to be a coin that will be around for a long time.
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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.