3 Cryptocurrencies to have on your watchlist; Parody Coin (PARO), Solana (SOL), and Litecoin (LTC)
Parody Coin (PARO) is a new token that is gaining interest from cryptocurrency traders because of its ambitious roadmap and passive income opportunities. And although Solana (SOL) and Litecoin (LTC) are already established coins, they are still keeping the interest of investors in the crypto world because of their many beneficial features. These three coins are the ones to keep on your watchlist, for great potential gains in the future.
Passive Income With Parody Coin (PARO)
Still, in its presale phase, Parody Coin (PARO) can be bought on its website. The coin is a meme token published on the BEP-20 BNB Smart Chain and is a good investment as it could potentially lead to magnificent returns in the long. It has the potential to reach and surpass its predecessors in the future.
Parody Coin (PARO) was developed as a currency to support transactions in the Paroverse, which is an ecosystem with an NFT marketplace in the profitable Metaverse. The total coin supply is 300 million PARO.
The Parody Coin (PARO) has the ParoSwap and the platform will support interoperability, which will allow for easy transfers between various blockchain networks at the user’s fingertips.
The NFT marketplace on Parody Coin (PARO) will allow members to mint parody versions of popular NFTs, at a more affordable price. Also, the feature will allow the original owners of the NFT to burn the original copy, and become an owner of the parody version instead.
Another huge selling point of Parody Coin (PARO), is that it allows its users the ability to have passive sources of income. To encourage users to hold the coins in their wallet, the network allows investors to make 10% of the transaction tax which means that by simply having the coin in their wallet, they are making money.
Solana (SOL) combines decentralized finance (DeFi) and an NFT supporting network. With its unique Proof of History (PoH) consensus mechanism. The Solana blockchain network provides greater scalability, and this has allowed the SOL token to gradually increase in value as the Solana ecosystem gains more recognition in the crypto world. The value of this token is still at a moderately affordable price and is best to invest in now as it has potentially massive gains in the long run.
Litecoin (LTC): Bitcoin’s (BTC) faster competitor
Litecoin (LTC) was created as a solution to Bitcoin’s (BTC) slow speed. The token is similar to Bitcoin, but it is much faster and has greater scalability. Since its launch in 2011, the coin has shown amazing growth and has had an all-time high price of $410.26. The coin still has a lot of space for tremendous growth and is one that should be paid attention to. At the time of writing, the coin value is $101.96.
These three tokens would make for a profitable crypto portfolio, because of their great features. The Parody Coin (PARO) is a good crypto to consider investing in because of the passive income element. Also, it provides a cross-chain feature which is very beneficial. Also, the Solana (SOL) network provides an effective ecosystem that is being widely adopted, and Litecoin (LTC) serves as a good alternative to Bitcoin (BTC) making these coins the ones to keep on your watchlist.