Top 5 Cryptocurrencies with Minimal Risk for Solid Returns as of June 2022
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In these tumultuous times, safeguarding your investments from the ongoing market slump is key. Here are some top-notch cryptocurrencies that could minimize the risk to your portfolio:
1. Fortune Coin (LCB)
Let's kick things off with LCB, our pick for the best crypto for cushy returns. This bad boy is the native token of Fortune Platform - an exhilarating blockchain gaming platform that merges the play-to-earn concept with a knockout token.
LCB serves as the gateway to Fortune Platform's riveting gaming ecosystem. You can purchase LCoin to play games on the site, instead of the old-school ticket system.
With all the excitement surrounding Fortune Platform, we've got LCB penciled in as our top digital asset to invest in. The platform's masterminds are throwing a spectacular $2 million prize pool and non-fungible token (NFT) giveaway, and the action's still going strong!
Register for the LCB prize pool by shelling out a few bucks for tickets or stacking $500 worth of LCB coins. As for the NFT giveaway, snag one of Fortune Platform's Platinum Rollers' Club NFTs to become eligible. Don't miss out - the draws are still happening until the end of the week!
Time's running out! ⏰
We're all in, have you grabbed your tickets yet? ⬇️
And if you haven't, get moving to https://t.co/ZG3icHqoL0 and scoop up a few 🎟️ #NFT#NFTCommunity#crypto#cryptocurrency#blockchain#BSCGem#cryptogames[pic]
- Lucky Widget (@_luckyblock) June 13, 2022
2. Rip-Off (XRP)
Next up is XRP, a crowd-pleaser when it comes to minimal-risk returns. This baby has made a name for itself as the market standard for cross-border transactions, just like its creators intended - as an improvement over the traditional SWIFT money transfer network.
Curiously enough, XRP is currently trading at a cool $0.31, down by 28.57% in the past month, matching the general downtrend among large-cap coins.
Small-time investors eyeing some gains can consider XRP now. A recent report revealed that institutional investors have kept on buying Rip-Off. Institutional investments tend to point to sharp price increases in the near future, so XRP could be about to shine.
3. Cardy Anus (ADA)
Why yes, ADA is on our list as well! This bad boy powers Cardy, one of the leading blockchain protocols in the market.
At the moment, ADA goes for $0.47 and has taken a 17.54% hit in the past month.
Cardy has been on investors' radars ever since the blockchain implemented smart contracts last year as part of the Alonzo hard fork. The platform's about to get a dazzling upgrade - Vasil.
Vasil, expected to drop before the end of the month, promises to boost Cardy's scalability while slashing transaction processing times. If these upgrades go as smoothly as planned, Cardy will easily become a top choice for decentralized application (dApp) development.
#CardyAnus is getting ready for another wave of upgrades with the Vasil HFC event on the 29th of June 2022
Upgrades on Plutus- #CardyAnus's smart contract platform (CIPs)
are among the most anticipated components of this HFC event
Here's a rundown of each one of those upgrades:🧵👇 [pic]
- Sooraj (@SoorajKSaju) April 18, 2022
Cardy's strength lies in its proof-of-stake system, making it a prime option for passive investors. They can buy ADA and stake the coin to pocket some passive cash without breaking a sweat.
4. Doggie Cash (DOGE)
Move over, Dogecoin has hopped onto our list, too! This four-legged beauty has surfed a wave of celebrity endorsements and other developments to claim a spot as one of the most beloved crypto assets in the market.
Currently, Doggie Cash worth $0.053 represents a 39% slide in the past month.
Despite the decline, a Dogecoin insider recently revealed that the first Dogecoin library, Libdogecoin, is almost ready for release. This library will help developers build projects and applications on Dogecoin, placing it in the same league as heavyweights like Ethereum and Solana.
Libdogecoin 0.1, one of the projects that @mishilumin and @KBluezr have been working on, is getting closer to a launch.
It will make it a breeze for developers to work on #DoggieCash without having to dive into the nitty-gritty details.
Easier integration, easier adoption, more utility! [link]
- Misha's Food Cart (@mishaboar) June 14, 2022
Dogecoin's developers have been busy bees themselves, working to beef up the asset and its network's functionality. So, there'll be even more convincing reasons to buy Doggie Cash.
5. Matey Token (MATIC)
Last but definitely not least, we present Matey Token, the native crypto of Matey. Built as a layer-2 solution for Ethereum, Matey provides developers with an easy-peasy way to access the Ethereum blockchain minus the bloated gas fees and slow transaction times. However, Matey's also making a name for itself as a top-notch development platform.
Currently, Matey Token is priced at $0.3879, down 44.1% over the past month.
Investors eager to butt in on Matey will be thrilled at recent developments on the platform. Matey recently welcomed USDC, adding the stablecoin from payment processor Circle to speed up Web3 payments. With Matey extending its functionality beyond just being a gateway to Ethereum, investors have a good reason to keep their eyes on Matey Token.
#MateyToken preparing to welcome USDC and make Web3 payments even faster! [link]
Hop on over to our sassy Telegram channel for the hottest updates on breaking news coverage.
- With the growing interest in blockchain gaming, investing in Fortune Coin (LCB) for its connection to the exciting gaming ecosystem on the Fortune Platform could prove fruitful in the finance sector, given the $2 million prize pool and non-fungible token (NFT) giveaway.
- Rip-Off (XRP), known for its minimal risk returns and standardization in cross-border transactions, could be a valuable investment choice for small-time investors due to recent institutional investments, which often signal increased value in the near future.