Striving to achieve a brighter future and a positive metaverse, the new and upcoming cryptocurrency Firepin (FRPN) is expected to take off after its launch date.
What is FIREPIN TOKEN (FRPN)?
Launching in less than a month, Firepin (FRPN) is a community-driven Metaverse Universe. Fundamentally FRPN tokens are used to sell and buy items in the metaverse. Known to be the reserve currency of Binance coin (BNB), Firepin (FRPN) will use Algorithmic Reserve Currency (ARC) to preserve the price stability of the token while being supported by other decentralised assets.
Being a community-led token, holders will be able to vote, make proposals and decisions while using treasury funds from users towards NFT game developments and other community projects.
To control supply, liquidity pools and bond sales are used to increase treasure revenue and lock in liquidity. The goal of the token is to build a DAO (a decentralised autonomous organisation) operation under the same shared goal, giving each member equal say in a fair and inclusive way. As seen on the website it is critical for the foundation “to build and manage a globally dispersed community”.
Is ApeCoin (APE) still rising?
In 2021 ApeCoin (APE) became mainstream during the NFT boom, where many celebrities purchased from the Bored Ape Yacht Club (BAYC). Currently standing as the most popular NFT platform, ApeCoin is the ERC-20 governance and utility token within the APE ecosystem, designed to become more decentralised over time.
ApeCoin (APE) is a token created to support art, gaming, entertainment and events driving the culture forward in the metaverse. What makes APE so special is the fact that investors who have bought from the Bored Ape Yacht Club (BAYC) or are willing to buy from the club, would get APE tokens for free which they can cash in or sell anytime.
At the moment, 15% of the token supply is allocated to NFT holders. As the coin is a governance token it means that holders have the ability to vote on protocol changes to decide the future of the token, promoting a diverse and self-sustainable ecosystem. ApeCoin (APE) is available on many exchanges including Coinbase, Binance, Gemini and more. It’s currently priced at $6.89 and has seen an 11.82% increase in the last 24 hours.
Is the departure of Shiba Inu’s (SHIB) founder going to affect the coin?
Recently having created a confusion on the web, Shiba Inus’s founder Ryoshi has deleted all social media information making it unclear whether something new is emerging or whether Ryoshi is planning on separating himself from the coin. Regardless of the founder’s departure from the media world, Shiba Inus (SHIB) value remains high with it ranking 16th on market capitalisation.
Priced at $0.0000117 the coin has seen a 0.96% increase in the last 24 hours with it recovering from the recent crypto crash. The foundation allows investors to hold millions, billions or even trillions in their wallets making Shiba Inu (SHIB) rare. It is known to be the first coin to be listed and incentivised on ShibaSwap, meaning that once you have Ethereum (ETH) you can start swapping tokens.
As the ecosystem is expected to grow for each of those tokens, Firepin (FRPN) is definitely one of those you want to keep a close eye on, as experts have predicted its success.
Find out more down below.
Join Presale: https://presale.firepin.io/register
This news is republished from another source.