Crypto

Get out of Bitcoin, here are 3 cryptocurrencies that are at the top of the hype

Over the past few months, the cryptocurrencies below have (again) sparked community interest. ApeCoin capitalizes on the success of Bored Apes Yacht Club, STEPN capitalizes on the new Move-to-Earn trend, and Tron is making a strong comeback with its founder’s project.

Do you want to buy cryptocurrency but don’t know where to start or what digital assets to turn to? This is completely normal as there are different cryptocurrencies.

To help you with your approach, we offer a presentation of cryptocurrencies that have performed well in recent weeks. We remind you, however, that past results are not indicative of future results. It is important that you take the time to analyze each project to form your own opinion about them.

With all this, you will notice that ApeCoin and Tron cryptocurrencies can be found on the eToro platform. This is the one we recommend due to its simplicity and the many features it offers (social and copy trading, advanced trading tools, simplified portfolio management).

The advantage of eToro, unlike many other brokers, is that its activities are regulated by the competent authorities in Europe. This will provide you with the best protection as an investor.

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On eToro, 68% of retail investor accounts lose money when trading CFDs. You need to know if you understand how CFDs work and if you can afford to lose your money. On eToro, cryptocurrencies are traded using CFDs.

And if you want to buy the cryptocurrency associated with the STEPN project, Binance will be an excellent choice. You will have access to low fees as well as a lot of features. Its service can be used through the website and mobile application (compatible with iOS and Android).

ApeCoin (APE)

Bored Monkey Yacht Club or Mutant Monkey Yacht Club, does that tell you? These two projects are among the most popular NFTs in the world.

The studio behind these NFTs, Yuga Labs, has since created its own cryptocurrency: ApeCoin (ticker: APE).

And the least we can say is that this asset has really exploded in recent weeks. Up to being in the top 30 cryptocurrencies with the largest market capitalization (source: CoinMarketCap as of May 2, 2022).

So the future looks bright for this project, which has opened up land in its future metaverse for sale (over $100 million raised in the first 45 minutes of the sale). And Yuga Labs doesn’t seem to be running out of ideas to take their brainchild to new heights.

Next step ? It is possible to create your own blockchain if you refer to the latest publications posted on the official twitter of the project.

Latest sales from NFT Bored Apes Yacht Club @ Opensea

Throne (TRX)

The TRX cryptocurrency has done more than just resist over the past week. This is one of the most effective assets.

How to explain such success? In this particular case, it’s easy to relate this to a statement made by Tron creator Justin Sun. The latter actually announced the creation of an algorithmic and decentralized stablecoin USDD.

What’s more, the Tron organization has hinted that it will offer a savings product to earn 30% APR on your USDD (Tron’s USD-backed stablecoin). It will probably attract a lot of people once the set is available, that’s for sure. It goes without saying that regulators will be very vigilant about the wording a company publishing a project will use.

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On eToro, 68% of retail investor accounts lose money when trading CFDs. You need to know if you understand how CFDs work and if you can afford to lose your money. On eToro, cryptocurrencies are traded using CFDs.

STEP (GMT)

The STEPN project never ceases to be talked about in the world of cryptocurrencies. And this phenomenon does not seem to run out of steam, far from it! If you are an ordinary walker (or runner), you have a unique opportunity to make easy money.

By purchasing NFT through the STEPN app, you will be rewarded for every walk (be it walking or running) in the form of GST and GMT tokens. Its app can be compared to Runtastic or Strava, with the only difference being that here you will be rewarded for your efforts.

The concept is called Move-to-Earn, you know, move to win.

Buy STEPN on Binance

Disclaimer: This article is not investment advice. Its sole purpose is to show you the performance of cryptocurrencies that are on the rise, as well as potential future catalysts. In this regard, we remind you that past results do not predict future results.

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