FIREPIN Token (FRPN) hits a 3000% rise in price value and looks to follow the steps of Shiba INU (SHIB) and Dogecoin (DOGE).
Every day comes with fantastic opportunities for cryptocurrency investors to make a fortune. Nonetheless, it becomes tricky to choose which cryptocurrency to invest in. With the rise and fall (volatility) of prices, most investors and crypto enthusiasts find it hard to decide. FIREPIN Token, Dogecoin and Shiba INU news…
However, while some cryptocurrencies are going through tough times, some are doing quite alright and making rounds around the virtual currency space, one of which is notably FIREPIN Token (FRPN).
This relatively novel token has seen magnificent success in its first couple of phases of its presale. Raking over a 3000% increase in the price value, it looks to be following the unreal success story of the meme coins of 2021, Dogecoin (DOGE), and Shiba Inu (SHIB).
FIREPIN Token (FRPN)
There is a distinct difference between the FRPN token and the meme currencies. It accomplishes this by providing a wide range of services.
FIREPIN (FRPN) has an excellent roadmap that has attracted the attention of investors all over. With FIREPIN’s focus on the Metaverse and NFTs, FIREPIN has decided to invest in the future of the Metaverse as the funds that are gotten from transaction fee deductions will be channelled towards finding the system’s liquidity as well as running the creation and development of play-to-earn games.
The presale success that FIREPIN has undergone these past few months cannot be overlooked, as it has risen 3000% alone in anticipation of its official launch by the 27th of May.
Some speculations are based on assumptions on reasonable grounds that by the end of May, it just might have raked up a value of 5000%.
The advent of meme coins sounded like a joke, which is essentially what memes are. But little was it known that these canine jokes on the internet would eventually make millions for many people who invested in it earlier.
The success of Dogecoin (DOGE) can be attributed to the rigid community fan base that was resilient in their propensity for the coin. Dogecoin currently sits at number 12 on coinmarketcap with a market capitalization of over $688 million at the time of writing.
By 2021, DOGE’s value had risen by more than 15000% rewarding its holders handsomely. The founder of Tesla, Elon Musk, had a big hand in this, and he still has a tremendous affection for DOGE.
Shiba Inu (SHIB)
To poke fun at Dogecoin, Shiba Inu (SHIB) was launched in 2020 as a meme coin and successfully marketed itself while evading scam accusations and what looks to be a slow but steady start.
Market capitalization ranks Shiba Inu (SHIB) as one of the top 16 most valuable cryptocurrencies globally. It is currently ranked 16th at the time and it’s demonstrated its ability to build a solid and devoted community since its inception.
Shiba Inu is actively developing ShibaSwap, a decentralized trading platform for Shiba Inu (DEX).
As with Dogecoin, SHIB’s popularity skyrocketed due to Elon Musk’s opinions on Twitter about the coin. Because of the listing on significant cryptocurrency exchanges, SHIB gained greater visibility and enticed additional investors to participate in the project’s success.
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