Ethereum, Dogecoin and Parody Coin are set to rise
By and large, Bitcoin has fallen short of the meteoric rise projected for 2021. In the year 2022, almost every notable cryptocurrency project saw ups and downs. It is usually smart to use Bitcoin as a barometer for gauging the rest of the cryptocurrency market in these cases.
BTC was worth much more than $50,000 at the end of 2021. Bitcoin's value plummeted to about $33,000 in 2022. This is close to a 35% reduction. As March draws to a close, Bitcoin (BTC) and the rest of the market has recovered.
With spring coming and the start of Q2 of 2022 rapidly approaching, prominent cryptocurrencies such as Ethereum (ETH) and Dogecoin (DOGE) may be worth studying and purchasing on the drop. With each new season, new cryptocurrency ventures emerge, and Parody Coin (PARO) seems to be one of the most promising new cryptocurrencies in quite some time.
Can Ethereum (ETH) take the Lead Over Bitcoin (BTC)?
Ethereum (ETH) is the second biggest cryptocurrency, behind Bitcoin (BTC), in terms of market capitalisation (BTC). By the end of 2021, ETH had topped $4000 in value. However, the price of ETH is slightly over $3000 at the time of this writing.
In anticipation of the upcoming release of Ethereum 2.0, the cryptocurrency's operating system has been upgraded for the future. According to experts, ETH 2.0 will surpass its all-time high of nearly $4900 and may possibly reach $6000-7000.
Ethereum's (ETH) enthusiastic and loyal supporters expect that it will ultimately surpass Bitcoin (BTC) and become the world's most valuable cryptocurrency, a phenomenon called the great flip. It is still a long way from flipping; ETH's market capitalisation is less than half that of BTC. Perhaps in the near future.
DOGE
DOGE garnered widespread attention around eight years after its debut, but once it did, it had an enormous effect. Between January and May 2021, this cryptocurrency increased by over fifteen thousand percent and reached a new all-time high of about $0.75 on May 8th. DOGE's price has fallen precipitously after reaching a stratospheric high. Since the start of the year, there have been more decreases than increases, but DOGE is holding constant at about $0.148 at the time of writing.
Shiba Inu (SHIB) has been a formidable challenger of Dogecoin (DOGE), defeating it in 2021. SHIB is now two positions behind DOGE in terms of market capitalisation, ranking 15th and 12th, respectively.
PARO
If you missed the fantastic debuts of the aforementioned cryptocurrencies, here are two freshly published projects that have just entered presale.
The deflationary utility currency Parody Coin (PARO) is about to be introduced on the Binance Smart Chain (BSC). According to the White Paper of this currency, it will offer a passive revenue stream, giving holders greater financial power.
Parody Coin (PARO) also has its own exchange for NFTs, where PARO holders may manufacture new NFTs derived from other well-known NFTs. To help NFTs interact with the real world, they are incorporating the Parody Coin metaverse, dubbed the 'Paroverse', into their ecosystem. The Paroverse allows for the development and interaction with virtual worlds that are linked to the real world through NFT parodies and other decentralised applications.
Prior to the Initial Coin Offering (ICO), 300 million PARO tokens will be pre-mined. During the first two rounds of the presale, 210,000,000 of these coins will be available for purchase.
ATI
Similarly, Automish (ATI) has been lauded for the breadth of the functionality it will include. The coin's key features will include a play to earn (P2E) fantasy game, an NFT marketplace, and other ways to earn incentives, the simplest of which is just holding ATI. This is another option for the portfolio which can diversify your assets.
Additionally, Automish (ATI) is working to become a completely community-driven decentralised autonomous organisation (DAO), ensuring complete decentralisation once the project is fully developed.
Automish (ATI) aspires to provide cutting-edge blockchain gaming capabilities as well as NFTs that are future-proof. According to the White Paper, these aspects will be upgradeable - the look, attributes, and behaviour of your NFT may all be modified based on the selection of upgrades you pick and the amount of money you invest over time. Your NFT's uniqueness on the blockchain increases as it gathers resources.
Properties may be updated on a per-user basis, which implies that an upgrade does not necessarily need players to achieve a specific level in order to access these capabilities but that they can pay a one-time charge to immediately add a unique characteristic.
Presale: https://presale.parodycoin.io/
Website: https://parodycoin.io/
Presale: http://presale.automish.io/
Website: http://automish.io/
Disclaimer: This article was brought to you by Marcella Torres. This content should not be interpreted as investment advice. Cryptocurrency is a volatile market, do your independent research and only invest what you can afford to lose.