Crypto Millionaires’ Favourite Coins – Monero (XMR), Parody Coin (PARO) and Terra (LUNA)
There are plenty of investors that have become self-made crypto millionaires. As the crypto market continues to thrive and push the digital economy to extraordinary numbers and with new coins making an appearance, this is your time to invest.
How To Make Money With Crypto
The popularity of the crypto market is increasing each day and plenty keeps joining, scared to miss their chance. Most recently, the crypto market has also pushed the $2 trillion and the price value of cryptocurrencies continues to generate millions rapidly.
The possibilities of becoming a self-made crypto millionaire are endless. Considering the volatility of the market now is the best time to invest as you can acquire crypto for a premium price and see massive returns.
Hottest Crypto Coins This April
Monero (XMR) is a platform that supplies anonymity in transactions to ensure security. Launched in 2014, its most revolutionary feature guarantees that the transactions can happen independently and with no third-party involvement (i.e. banks, institutions and traditional financial services).
The network was created with a system of advanced cryptography and other innovative privacy features, such as ring confidential transactions (Ring CTs.), Stealth addresses and Bulletproofs and Dandelion ++.
Monero’s native currency is the XMR coin. The XMR token further aids the platform’s privacy features. These are constructed into it and help in keeping the security of users’ personal information that would otherwise be shared during transactions.
At the time of writing, the Monero (XMR) price is $241,41 with a 24-hour trading volume of $241.4 Million and a live market cap of $4.37 Billion.
Parody Coin (PARO)
Currently, in its presale stage, the Parody Coin (PARO) is a deflationary utility coin and is native to the Parody Ecosystem. The PARO Token is built on a Binance Smart Chain (BEP20).
Investors can generate revenue for themselves in multiple ways, as the Parody platform was designed to deliver a variety of passive income possibilities. These are mainly possible through minting, trading and selling parodies of popular NFTs.
The utility of Parody can be seen with Parody Swap which allows trading any coin on any blockchain for an equal amount of PARO coins. More so, the Parody Bridge can be used by investors to send the PARO Token to other blockchains and Paroflection is a mechanism that allows you to render rewards.
More so, its ParoRewards system can generate earnings in any desired BEP20 token.
Parody has demonstrated its potential when a total of 300 million PARO coins were pre-mined before the Initial DEX Offering (IDO) on PancakeSwap. The live price of Parody Coin is $0.002 but it is predicted a massive price value growth after the presale.
Terra (LUNA) is a decentralised and open-source public blockchain protocol and is mainly used with algorithmic stable coins.
The network utilises fiat-pegged stable coins to produce power to price-stable global payments systems. Terra was designed to simplify the adoption of cryptocurrencies and as such, it produces price-stable digitally native assets against the major fiat currencies.
Despite launching in 2018, it is a leading DeFi-focused ecosystem. The protocol contains a total of more than 100 natively built projects which includes NFT collections, decentralised finance (DeFi) platforms and Web 3.0 applications.
Terra’s governing currency is LUNA and has a Total Value Locked (TVL) of $27 billion, making it the second-largest platform (after Ethereum). The Terra price today is $88,53 with a live market cap of $30.8 Billion. More so, its price value experienced an outstanding rise, from $0.66 to $89.
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