Cryptocurrencies have become the livelihood of many people, especially since 2020. More and more people are entering the industry, but many of them are doing it without knowing what to do and how to do it, thus losing a lot of money. To be one of those who actually make money, you need to choose the right crypto assets.
Luckily, we’ve done the hard work for you. We’ve picked out three cryptocurrencies that can help you pull in the big bucks. One is already an established cryptocurrency, the other is a fast growing memecoin, and the other is a new entrant to the market, which we believe has a lot of potential. Let’s look at all of these cryptocurrencies individually, starting with Adirize DAO (ADI), the newcomer to the brandet.
Adirize DAO (ADI)
Cryptocurrencies were created to replace fiat money. It’s the long and the short. Bitcoin (BTC) was created to become an alternative and decentralized means of payment. It was very doable until bitcoin (BTC) problems showed their face. Bitcoin’s biggest problem is the volatility issue.
Bitcoin may be worth $68,000 today and tomorrow is worth $10,000. This problem makes it difficult to use Bitcoin in day-to-day transactions, as it is not a reliable store of value. To solve this problem, stablecoins were introduced.
There are so many stablecoins, foremost among which are USDT and USDC. These are coins pegged to the dollar price. This means that even if the crypto market goes up and down, the value of the stablecoin will remain stable.
It is an illusion. Here’s why; the dollar is not stable. The dollar is subject to inflation; in fact, US dollar inflation is worse now than it has been in a long time. If you buy $10,000 worth of USDT, or 10,000 USDT, ten years from now it will be worth less than it is today. Thus, these stablecoins are not the perfect store of value. Adirize DAO (ADI), however, is here to turn things around. Explanations.
Why should you buy Adirize DAO (ADI)
A Federal Reserve backs the currencies of countries around the world. This reserve is proof that the country will not default on its debts and is usually tied to a physical and valuable asset. For example, a country like Spain has tons of gold in its federal reserve. Member countries have the US dollar in their Federal Reserve.
This serves as their store of value and gives their currency intrinsic value. Adirize DAO (ADI) does something similar to do this by taking lots of crypto assets in its wallet and using them as a reserve to create a stablecoin that is not pegged to the dollar. In the long term, cryptocurrencies will generally increase in value, giving Adirize DAO the support it needs.
Adirize DAO owns the assets it uses to support its coin. There is no need to borrow or obtain cryptocurrencies through a liquidity pool. This gives it intrinsic value.
Why should you buy Adirize DAO (ADI)
Adirize uses two monetary policy tools: staking and bonding. When you take a stake in ADI, you exchange your cash for r sADI. This sADI is proof that you have placed ADI in the liquidity pool. Staking is usually a long-term strategy, which means that even if prices go up and down, in the long run your coins will increase in value.
This is different from other stablecoins, where coins will most likely decrease in value as the dollar goes down. When you’re ready to get your ADI back, you flip the AADI over and it’s burned out of circulation. This helps prevent ADI inflation.
In Bonding, it’s a bit different. You get more incentives, but it’s usually a short-term strategy. It’s almost the same as buying bonds with your local bank works, with a few modifications. Bonding helps accumulate value in the Adirize treasury, while staking locks Adirize DAO (ADI) auxkens, making them rare and more valuable.
These two methods work hand in hand to give Adirize the value it needs to be a free-floating stablecoin. By floating, we mean that its price is not pegged to a physical asset like other stablecoins but rather is pegged to decentralized assets and as such can be affected by market price fluctuations. However, there is a threshold below which it can go, and that threshold is the value of the assets supporting it.
Bonuses and offers with Adirize DAO (ADI)
With all these explanations, buying Adirize DAO seems like a no-brainer. Although we advise you to carry out a more in-depth market analysis, it is probably safe to say that Adirize is the next big thing.
It has several pre-sale bonuses in store, including a 12% bonus when purchased with Ethereum (ETH), a 7% bonus at stage 1 of the presale, a 45% bonus if you buy in 25 minutes after registration, and many other juicy bonuses. If you are serious about making crypto money for the rest of this year, you should consider taking advantage of this offer.
Solana (SOL) is a blockchain network built for speed. It is one of the fastest blockchains in the world, with the ability to process up to 700,000 transactions per second. It is very energy efficient, using the proof-of-stake consensus mechanism instead of the proof-of-work mechanism used by Bitcoin and Ethereum.
It also has low transaction fees and high throughput. All of this made people dub it the “Ethereum killer”. It does everything Ethereum (ETH) does, but better. Many crypto users and Dapp developers are switching from the Ethereum blockchain to the Solana blockchain network.
He is growing by leaps and bounds and shows no signs of slowing down; it is currently the 9th largest cryptocurrency in the world by market capitalization. Solana (SOL) will be the thing for you if you are looking for an established cryptocurrency to pour your money into.
Shiba Inu (SHIB)
Named after the Japanese dog Shiba Inu, Shiba Inu (SHIB) set out to mirror the success of Dogecoin after it entered the limelight, and it did just that. With a market capitalization of $6.6 billion, it is currently the 14th largest cryptocurrency in the world.
It’s a memecoin that has grown exponentially, especially with Vitalik Buterin and Elon Musk making a few tweets and commentsab out. Many people who missed Dogecoin (DOGE) decided to jump on Shiba Inu (SHIB), thus leading to its rise in price and value. Shiba Inu (SHIB) calls itself the Dogecoin (DOGE) Killer, and so far, it has lived up to its name. If you’re looking for the perfect memecoin to pour your money into, then Shiba Inu (SHIB) might be what you’ve been looking for.
Choosing which cryptocurrencies to put your money in is not easy, especially in these uncertain times. However, you will be fine if you do enough market analysis. The key is to know when to get in and never trade with more money than you can afford to lose.
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Solana, Shiba Inu and Adirize DAO; These 3 Cryptos Could Give You The Breakthrough You’ve Been Looking For
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