Many observers like to classify cryptos by what functions they perform. This is why coins get tagged as DeFi projects, stablecoins or memecoins. However expert investors have another more interesting way to consider tokens – they rank them by their perceived returns potential.
This is more useful for investors as it tells them where to put their money and what gains they could be expecting. With the market currently experiencing high volatility, these rankings are getting shuffled in various ways. However, Fezoo seems to be at the top in many cases. We analyze the token and why it could be a revelation for THORChain and Fantom holders.
THORChain Searching for $10 Rally
THORChain is an interconnectivity-focused blockchain that allows users to swap cryptocurrency assets across many networks while retaining some custody over these assets. Launched in 2019 before moving to its mainnet in 2022, THORChain gives users many unique functions they can execute on the blockchain. The price of each token is $7.39, but it is rising.
Some 30 days ago, THORChain was worth shortly over $6. It would sharply rise above $10 before a fall following market volatility. THORChain had been slowly declining from the last week of March but shows signs of an uptrend now. Compared to this point in March, it is now 21% better.
Recent growth hasn’t wiped out all the losses as THORChain is 5% less than 7 days ago. However, it is turning a corner and could be on its way to $10 by the end of this month. THORChain holders stay hopeful but cautiously so.
Fantom Recovering?
Fantom is a DAG smart contract blockchain with DeFi applications and a unique consensus mechanism. It is a layer-1 blockchain created for efficient transaction processing. Fantom also ranks 50th on CoinMarketCap’s crypto rankings by market cap.
This impressive $2 billion market cap could get higher as Fantom begins to recover. It is already 28.21% better than 30 days ago, with a price of $1.02 per unit. It could improve this further next week.
Having broken the $1 resistance, analysts are cautiously optimistic as they expect a price correction in the coming days. Nonetheless, Fantom does seem like it could be worth waiting for.
Fezoo Brings Hope to Unstable Market
With many investors concerned about the state of the market, coins like Fezoo could be coming at the best time. They allow investors to avoid some of the fluctuations in the market while securing future gains. Fezoo is a new project with predicted 800% gains that could be the investor’s dream.
Fezoo is a new DEX built by developers with in-depth knowledge of the market and trading behaviors. This allows the platform to offer unique and user-friendly features like trading bots and kickbacks. Fezoo also allows users to control their funds and privacy.
The special aspect of Fezoo is that buying tokens unlocks a world of additional features. But it also provides opportunities for massive gains. Fezoo sells for $0.013 per unit in this stage of its presale. Investors who buy early get some of the platform’s profits.
The Fezoo Presale is discussed in detail on the website here.
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.