The crypto market is widely known to be a very volatile territory for investing; however, despite the treacherous nature of the industry, more and more people are making jaw-dropping profits daily. The key to reaping incredible profits in this current season is carefully planning and making accurate predictions of the next cryptocurrency to explode.
The cryptocurrency market continues to expand at an increasing rate as more projects are added daily. As it stands, there are more than 20,000 digital cryptocurrencies. Choosing a sustainable and highly resilient investment becomes a daunting task.
In this article, we have highlighted three of the best DeFi tokens to purchase that have the potential for exponential returns – Binance Coin (BNB), KuCoin Token (KCS), and HachiFi (HACH).
Binance Coin (BNB)
BNB is one of the top-performing altcoins. When compared with Bitcoin (BTC) and Ethereum (ETH), which had an increase of about 73% and 455%, respectively, BNB gained a massive 1,344% in 2021. In May 2021, BNB witnessed an all-time high of $690.93.
Initially, BNB ran on the ERC-20 Ethereum blockchain. It then moved to its native blockchain network, the Binance Smart Chain (BSC). The Binance Smart Chain (BSC) is a blockchain that can be programmed to allow for the creation of decentralized apps (dApps), minting and selling of NFTs, and the creation of blockchain games.
With a total market cap above $56 billion, Binance Coin (BNB) is only behind Bitcoin (BTC), Ethereum (ETH), and USD Tether (USDT). BNB has proven beyond doubt that it is a token that has the potential to explode again in 2022.
KuCoin Token (KCS)
Launched in 2017, KuCoin is a favorite choice of millions of crypto traders and enthusiasts worldwide because of its relatively low transaction fees, wide range of coins, and attractive interest rate offerings. In other words, KuCoin is poised to become one of the leading crypto exchanges in the world.
KuCoin is the perfect platform for exchanging cryptocurrencies. With a widely distributed global audience, it currently sits as one of the best five top-performing crypto exchange platforms. One of the many advantages of the KuCoin (KCS) is that it offers lower transaction fees when compared with other crypto exchanges, and users are charged between 0.0125% and 0.10% per transaction.
Furthermore, with a wide range of over 600 coins, users can seamlessly buy, sell and store crypto tokens. KuCoin (KCS) also enables you to earn interest on their cryptocurrency when you stake or lend to others.
If you’re an experienced user, there is more for you; KuCoin (KCS) supports peer-to-peer trading, staking, and margin and futures trading- more options to consider placing your money in KCS.
HachiFi is a radical blockchain project on a mission to develop new opportunities in cryptocurrency, Decentralized Finance (DeFi), Non-Fungible Tokens (NFT), and metaverse spaces that will be of avenue for millions of people around the world to earn passive income.
Its native currency HachiFi is a user-centered Decentralized Finance (DeFi) token for social networking built on the multi-functional Binance Smart Chain (BSC). You can use the Hachi token for a variety of purposes which may include: Breeding NFTs creatures, storing value, Inventory management, payment of HachiFi Swap fees, reduction of HachiFi Swap fees, reduction of exchange fees, making peer-to-peer payments, provision of liquidity for stablecoins, staking, allow payment of exchange fees.
The project holds so much promise and is still in its presale stage. In other words, now is the perfect time for you to join the community early and ride the wave all the way to the moon.
You can become a part of the project by clicking the links below:-