FIREPIN (FRPN) Shakes the Scene, Dogecoin (DOGE) Prices Shift, and Solana (SOL) Fights Back
The cryptocurrency world has seen a lot of interesting changes in the past few days, from Dogecoin’s (DOGE) value fluctuating in the wake of the Twitter takeover to Solana (SOL) falling under the three-digital value line. Plus, the new currency on the block, FIREPIN (FRPN), is set to make significant waves in the crypto world.
Can Solana Get Back to Three Figures?
Solana (SOL) is getting tantalisingly close to reclaiming its place as a three-figure earning cryptocurrency after its dip back into the high $90’s last night. While the graphs point to the currency being able to take back this coveted position and keep its place on the high end of the Coin Cap Market leaderboard, just how far the coin will be able to soar is yet to be seen.
Having launched back in 2019, Solana (SOL) has since grown to become one of the key players in today’s cryptocurrency scene. However, like any cryptocurrency, its value is constantly fluctuating, with its three-digit pricing having returned in waves since Sunday.
Will Solana (SOL) be able to reach the heights it achieved back in early February? Or are there more ups and downs ahead before Solana can reclaim its place?
FIREPIN Set to Break the (Block) Chain
A recent contender set to shake things up in the crypto scene is FIREPIN (FRPN).
The company has been created on the backbone of ever-expanding Decentralised Autonomous Organisation (DAO) and Metaverse technology, putting it on the cutting edge of crypto tech as of its launch.
Made specifically for use within the Metaverse, FIREPIN (FRPN) offers the unique opportunity for transactions to be made across a variety of blockchain networks, depending on the preferences and wants of the customer and the availability on each blockchain. This means long wait times and sky-high gas tolls will have little effect on FIREPIN (FRPN) transactions, giving it a clear upper hand over other cryptocurrency providers.
Options include the Ethereum (ETH), Polygon (MATIC), and Binance Smart Chain (BNB) blockchains, amongst others- all widely used and polished systems that guarantee swift and safe transactions for this hotly sought after token.
These reasons are just part of the explanation as to why the price of FIREPIN (FRPN) has been seen soaring, with reports indicating that the tokens value has increased by a staggering 285% since the initial presale launch- a percentage only expected to rise further when released on exchanges like Pancakeswap in this year’s second quarter.
Furthermore, as a token that is part of a DAO, FIREPIN (FRPN) tokens are worth more than just their price on the market. Furthermore, FIREPIN (FRPN) holders have access to voting and decision-making within the organisation itself, making the token even more desirable to investors and crypto enthusiasts.
The token’s current presale period ends in two weeks, with its third presale phase set to commence between the 13th – 25th of May. FIREPIN (FRPN) is undoubtedly a token to keep your eyes on with predictions like these.
Dogecoin and the Twitter Shift
Speaking of shifting technology- Dogecoin (DOGE) has seen a massive fluctuation in the past 24 hours, most likely due to Twitter’s recent acquisition by Elon Musk.
As an early backer of Dogecoin (DOGE), it seems that wherever Musk goes, so too does Dogecoin (DOGE). With the coin explosion on Monday correlating with the news of Twitter’s acquisition, it seems that the coin’s growth or decline can be predicted based on Musk’s activities.
Many in the crypto-sphere are looking forward to the potential directions the social media platform could go. With Musk at the helm and the platform already having implemented features for NFT holders, there is a good chance Twitter may become further entangled with the developments of the crypto world.
If the conversation regarding the takeover and Twitter’s future continues, it can be expected that Dogecoin’s (DOGE) value will continue to fluctuate over the coming days. But when the dust settles, where will Dogecoin (DOGE) be?
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