The recent resurgence of the cryptocurrency market has renewed investor confidence and market liquidity, undoing a lot of the damage that was inflicted by the prolonged crypto winter of 2022-23. With the Crypto Fear & Greed Index indicating Extreme Greed, investors are returning to the crypto market with additional capital to invest.
This bullish environment may be favorable for investors looking to commit to the crypto market full-time, leaving behind their day jobs. With a potential bull run over the horizon, investors can turn crypto into their day job by picking these altcoins: Shiba Inu (SHIB), NFT Finance (NFTFN), and VeChain (VET). Let’s take a closer look at these altcoins.
Shiba Inu: Beyond The Meme Hype
Shiba Inu is the embodiment of a light-hearted memecoin’s successful transition into a leading altcoin with real-world applications that go beyond its meme hype. Since its inception in 2020, Ethereum-based SHIB has become a worldwide phenomenon, garnering the attention of influential figures like Elon Musk and Vitalik Buterin.
SHIB enjoys the support of a dedicated community that has played an instrumental role in driving the memecoin’s popularity and value. Today, SHIB is accepted as a mode of payment at hundreds of outlets across the globe, including a restaurant in Paris. At the time of writing, SHIB was trading at $0.000028, with a market capitalization of more than $16 billion.
NFT Finance: Revolutionizing The NFT Market
As a pioneer in the web3 fintech space, NFTFN addresses the various challenges surrounding the non-fungible token (NFT) market. Its flagship offering, SuperNova (SNV), is an innovative decentralized exchange (DEX) that offers exposure to blue chip NFTs like BAYC, MAYC, Azuki, Doodles, and CloneX.
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NFTFN is currently in the second stage of its presale, after witnessing incredible success in the first presale round. Investors are currently lining up to buy NFTFN tokens for just $0.03. Apart from well-planned tokenomics and strategic partnerships with industry leaders, NFTFN is also poised to benefit from the explosive growth of the NFT market which is projected to reach $230 billion by 2030.
VeChain: Disrupting Supply Chain Management
VeChain is a leading layer 1 smart contract platform that caters to the dynamic supply chain management sector. Leveraging the power of internet of things (IoT), blockchain technology and NFT Chips, VeChain’s decentralized platform offers enterprise facing real-world applications to top brands around the globe, including Walmart China and BMW.
With growing demands for transparency and data integrity in supply chain logistics, and the overall supply chain industry estimated to reach $45 billion by 2027, VeChain’s native token VET is well-positioned to surge significantly. The token is currently trading at $0.04, with a market capitalization of over $3.2 billion.
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Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
