Binance Coin (BNB), and Cardano (ADA) have come up with many updates that will ensure these two tokens register multiple gains in 2022. Another new token Pac-Man Frog (PAC) is witnessing a lot of interest among cryptocurrency enthusiasts and could deliver handsome gains in the future as the ecosystem rolls out its services.
Let us discuss if these three tokens can provide the necessary balance required in a crypto portfolio.
BNB token is the native coin of the Binance ecosystem. Holding the Binance Coin BNB provides several advantages such as access to airdrops from Binance launchpad platform and a healthy yield as a passive source of income from lending and borrowing operations through the decentralized finance (DeFi) route.
Binance Coin also provides discounts to all its users, and the token is burnt regularly to ensure deflation and a healthy rise in its price. BNB is currently trading at $415.92 and still has room for growth as cryptocurrencies become regulated and adopted by financial institutions across the world.
The ADA token has seen a lot of price spikes in the past especially after the platform announced and launched support for smart contracts. Cardano has provided strong competition to other similar chains and is becoming the preferred blockchain network for many developers. The low fees and highly secure network are powered by the ADA token that has also seen a healthy and steady price rise over the years.
The ADA token can be bought at the current price level of $0.90 and could do a quick 2X from these levels as the platform updates and launches more features in the near future.
The PAC token will be used as the governance token and also entitles users to many benefits such as earning a passive source of income by putting it into vaults provided by the Pac-Man Frog platform. The PAC coin can be bought through the presale here. The total coins will be limited to 1 billion and all unsold tokens will be burnt. The launch will be fair and could provide great gains once the token goes mainstream and is listed on exchanges.
The Pac-Man Frog ecosystem aims to act as an incubator and provide services to the gaming projects. Currently, the launchpad DeFi space consists of a few powerful players and gaming tokens face a lot of issues while listing their tokens. Realizing this shortcoming, Pac-Man Frog will include an NFT marketplace and aggregator that will enable Initial NFT launches a smooth start. Project owners could also make use of the liquidity options available on the platform.
The NFT marketplace will support cross-chain bridges so users can save on gas fees while trading.
Holding PAC tokens will provide users rights to participate in the DAO which will make all decisions related to the future road map of Pac-Man Frog. The ecosystem will include support for following activities:
NFT Launchpad: Project owners and GameFi developers could list their NFTs and get access to investors on a single platform.
Launchpad: The Pac-Man Frog ecosystem will support a launchpad for all tokens.
Game Incubator Platform: The Pac-Man Frog will launch an academy and provide services for project owners in the GameFi space. It will include all the support and skills required for a successful launch.
NFT Aggregator: It will incorporate data from various marketplaces to provide users with insights on the fair price of NFTs.
Pac-Man Frog is a great investment opportunity as it seeks to provide mentorship to struggling gaming projects that wish to enter the blockchain space but suffer from lack of specialized service providers. The PAC token could see a lot of growth as there is a real need for such launchpad platforms. It is currently available through a presale. Please do your own research and follow the links below to learn more about the project. Diversify your investment for optimum returns.
Nancy J. Allen is a crypto enthusiast and believes that cryptocurrencies inspire people to be their own banks and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning.
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