Can Parody Coin (PARO) Match The Success Of Shiba Inu (SHIB) And PancakeSwap (CAKE)?
https://ift.tt/94xQZyv
The crypto market has been providing many with the opportunity to become self-made millionaires as market analysts claim the future lies in crypto.
Join in today and invest in the most profitable coins right now.
The Success Of Crypto Trading
If you have not taken the time to invest in cryptocurrency, now is a perfect time as timing is key. The sooner you invest in a coin, the more profit you can generate.
To purchase crypto at a premium price, you should take a look at presales. This is the earliest and best time to acquire tokens to generate maximum profits as they allow you to purchase a token for the cheapest price and sell it for higher once the price value rises.
Earn With The Most Profitable Coins
Shiba Inu (SHIB)
According to Shiba Inu’s web page, the project was created as ‘an experiment in decentralised spontaneous community building’. More so, the Shiba Inu features a governing token, the SHIB token and was created in 2020.
Having been titled “Dogecoin Killer”, the SHIB Token is a meme coin that has been showing extreme levels of success and profit since it entered the market.
The Shiba Inu price today is $0,000024 with a live market cap of $13.3 Billion. According to CoinMarketCap.com, SHIB rose 70,000,000% just last year.
With plenty of prosperous projects for the future, the Shiba Inu Foundation has stood out from its competitors. For instance, one innovative project was the development of a decentralized exchange (DEX) platform known as ShibaSwap.
In ShibaSwap, investors do not need to leave the Shiba ecosystem and can also swap tokens immediately. Shiba Inu has announced that 50% of the total supply has been locked to Uniswap.
Parody Coin (PARO)
The Parody ecosystem has a governing token, Parody Coin and is a deflationary utility coin. This currency is built on a Binance Smart Chain (BEP20) and is currently in its presale stage.
The Parody platform was developed to provide a variety of passive income options which include mostly minting, trading and selling parodies of popular NFTs.
The platform has three main forms of utility: Parody Swap, a place for investors to trade any coin on any blockchain for the same amount of PARO coins.
Parody Bridge, on the other hand, allows for PARO coins to be sent to other blockchains and Paroflection is a mechanism where you can render rewards.
The current price of Parody Coin is $0.002 and a massive price value growth is expected after the presale. Showing its success, a total of 300 million PARO coins have already been pre-mined before the Initial DEX Offering (IDO) on PancakeSwap.
PancakeSwap
Despite being recent to the market and having launched in 2020, Pancakeswap has established a reputation as the first-ever and biggest crypto DEX protocol built on Binance Smart Chain (BSC).
The platform’s governing token is CAKE. The token has proven to be profitable when it reached its all-time high of $43.96 in April 2021. The PancakeSwap price today is $9,32 with a live market cap of $2.6 Billion.
PancakeSwap is a giant in the world of Decentralised Finance (DeFi), with a twist. The platform benefits from the Centralised Decentralised Finance (CeDeFi) infrastructure by underpinning BSC, while combining centralized and decentralized architecture.
The network’s AMM-powered DEX provides an easier token exchange, effortless staking, and yield farming. This design provides users with consistent and low-cost transactions.
Most notably, PancakeSwap (CAKE) features a variety of other utilities: a non-fungible token (NFT) marketplace, a lottery system, a prediction market, and Initial Farm Offering (IFO) functionality.
For More Information On Parody Coin:
Was this writing helpful?
Cryptocurrency
