FIREPIN Token is making huge strides in crypto, here’s what makes it special over Ethereum and Solana
It will always be a difficult task when new cryptocurrencies like FIREPIN token (FRPN) arrive on the scene with a lot of hype and a lot of expectations.
Being instantly compared to Ethereum (ETH) and Solana (SOL) is probably not the right thing for a new crypto, nevertheless, it happens, and it will continue to do so.
FIREPIN token (FRPN)
Although just over a week has passed since the launch of the first phase of the FIREPIN (FRPN) token pre-sale, the newly formed cryptocurrency has already seen success with a return of almost 150% for Investors.
The price of the FRPN token has already risen steadily from $0.00007 to $0.0002 and with a few weeks remaining of the first phase of the presale, investors have plenty of time to take advantage of the cryptocurrency opportunity. rising and fast.
It has been predicted that over time on the side of FIREPIN (FRPN), a potential upside of at least 1000% is still on the cards for this booming cryptocurrency.
The main objective of FIREPIN (FRPN) is to create a community-driven DAO (Decentralized Autonomous Organization) ecosystem that focuses on the development of the NFT, 3D and Metaverse VR game industries.
Backed by the DAO metaverse, FIREPIN’s long-term vision encompasses metaverse games and play-to-earn (P2E) games. These exploded in popularity in 2021 due to the rise of other Metaverse games like Axie Infinity (AXIE), The Sandbox Game (SAND), and Decentraland (MANA).
Along with its metaverse aspirations, FIREPIN (FRPN) also aims to trade between multiple blockchains including Avalanche (AVAX), Binance Smart Chain (BSC), Ethereum (ETH), Polygon (MATIC), and Solana (SOL).
As the second largest cryptocurrency in the world, according to data from CoinMarketCap, Ethereum is a blockchain-based platform that is the origin of smart contract functionality.
Conceived in 2013 and released in 2015, the blockchain technology that powers Ethereum (ETH) enables the creation and maintenance of secure digital ledgers.
Described as the “programmable blockchain of the world”, Ethereum allows anyone to deploy dApps (decentralized applications) on the network as well as the creation and exchange of non-fungible tokens (NFTs).
Ethereum has always been plagued by its inefficient proof-of-work (PoW) system and is about to switch to the more environmentally friendly proof-of-stake (PoS) protocol as part of the network upgrade to Ethereum 2.0.
Ethereum hit an all-time high of $4,878.26 in November 2021, but became one of many major casualties in January, with ETH losing 10% of its value, alongside Bitcoin (BTC).
Down 6.0% in the last 24 hours, at the time of writing, Ethereum (ETH) is currently trading at $2,594.17.
Solana (SOL) is an open-source blockchain platform that supports smart contracts.
The blockchain also supports NFTs as well as several decentralized applications (dApps).
Solana has long been called an “Ethereum killer” due to its ability to process significantly more transactions, processing a theoretical throughput of 65,000 transactions per second, a substantial increase from Ethereum’s fifteen transactions per second and the seven bitcoin transactions per second (TPS).
Solana also has significantly lower transactions than Ethereum, adding to its infamous nickname.
Its native SOL token has seen massive growth in 2021, soaring nearly 12,000% over the year and ranks as the ninth-largest cryptocurrency in the world, according to data from CoinMarketCap.
Join the presale: https://presale.firepin.io/login