Choose These 3 Cryptocurrencies To Reach 100X Returns: PrivaCrip(PRCR), Axie Infinity (AXS) & Cronos(CRO)
In the world of cryptocurrencies, generating 100X returns is not difficult as long as you choose tokens with strong use cases and hold them for a long time. But with so many new cryptocurrencies like PrivaCrip launches, inexperienced investors frequently struggle to identify the next 100X wager. For your convenience, we did a lot of research and identified three cryptocurrencies that, if held for a long time, might yield 100X profits. Cronos (CRO), Axie Infinity (AXS) and PrivaCrip (PRCR) are these cryptocurrencies. To learn more about these three coins and how they can transform your life, continue reading.
The Crypto.org Coin, or CRO, changed its name to Cronos in February of last year. The new name was intended to reflect the expansion of the entire ecosystem. With support for DeFi, NFTs, and the metaverse, Cronos is the first blockchain network to interact with the Cosmos and Ethereum ecosystems. By enabling instantaneous app and cryptocurrency asset porting from other chains at low cost, high throughput, and quick finality, it aims to dramatically expand the Web3 user base. Ethermint, the technology that powers Cronos, enables quick app and smart contract porting from chains that are compatible with Ethereum and the EVM. CRO, the native token of its parallel blockchain, the Crypto.org Chain, serves as the default settlement currency for Cronos.
To hasten the global shift to cryptocurrencies, Crypto.com was founded to give everyone access to cryptocurrencies. The founders had in mind a platform that would serve the decentralized requirements of traders, investors, consumers, and businesses to achieve this. Instead of creating a fork of an existing blockchain, they decided that a platform that provided these services would be better off with its blockchain. Now, Cronos is a fully decentralized, open-source, and energy-efficient public chain with high speed and low fees that can be interoperable with and bridged owing to the IBC protocol, which was built from the start. Additionally, it enables decentralized interoperability with other IBC-enabled chains, such as Terra and Cosmos Hub.
Axie Infinity (AXS)
Pokemon, a well-known video game franchise, served as inspiration for Axie Infinity (AXS). It uses the Ronin sidechain to reduce latency and transaction fees on the Ethereum blockchain network. The Axie Infinity (AXS) ecosystem’s most intriguing feature is that all of the game’s in-game elements are represented by NFTs that the user owns.
Players can sell their Axies NFT on the Axie Infinity (AXS) market for real money. Since each Axie is a singular NFT, you are the only owner of that specific species. By defeating artificially intelligent adversaries, other players, or other players and their Axies, Smooth Love Potion (SLP) can be acquired. The Smooth Love Potion (SLP) can then be exchanged for different cryptocurrencies or traditional money.
The official governance token of the Axie Infinity (AXS) ecosystem is AXS. Its name is an acronym for Axie Infinity Shards. Holders of AXS can use it to participate in important governance votes and decision-making processes involving the Axie Community. The Ethereum Blockchain was used to create the ERC-20 token known as Axie Infinity (AXS), which is protected by Ethereum’s proof-of-work (POW) consensus mechanism.
The common goal of the PrivaCrip Network community is to advance security as a fundamental human right, empowering people by providing them with the tools, innovations, support, and training they need to preserve their freedom. The developers of the network recognize that the right to privacy is a fundamental freedom. Big Tech syndications and an overly centralized web have put our safety, security, and public at risk. Therefore, the PrivaCrip Network plans to scale security protection innovations that can aid users in resisting and defeating these fundamental threats. Better education about people’s overall right to protection continues to be the network’s top priority.
To entice PrivaCrip (PRCR) holders and validators to join the network, PrivaCrip Network uses inflation, block rewards, and staking. It becomes more challenging for a Byzantine actor to successfully carry out a Byzantine attack against the PrivaCrip Network consensus layer as there is less supply in circulation. Furthermore, a generous inflation rate attracts users, developers, and stakeholders to the protocol, helping it to gain adoption, with the understanding that the inflation rate may one day be changed by a governance proposal. There will be 190 million PRCR in circulation altogether.