After a bullish cryptocurrency market for the last couple of weeks, the market and its investors have been brought back down to Earth.
With Bitcoin (BTC) and Ethereum (ETH) both trending downwards, at this time of writing, only a very few cryptos of the top 50 remain in the green, demonstrating the influence of the two heavyweights of the market can have within the industry.
While Solana (SOL) remains on an upward trend, FTX Token (FTT) has suffered a dip in form.
Fortunes for FIREPIN Token (FRPN) have undoubtedly been positive with the recent lock of $1 million in liquidity exhibiting the perfect way of keeping momentum for budding cryptocurrency.
FIREPIN Token (FPRN): Moving on up!
As we edge nearer to the midway point of FIREPIN Token’s presale, the team recently announced that they had secured $1 million in liquidity in a move that will stabilise the market volatility of the FRPN token when bought and sold quickly and easily.
This is a major step in the journey of FIREPIN Token (FRPN) which has so far achieved a very successful presale.
With just over eight days to go until phase two of the presale, FIREPIN is getting to the business end of their venture in which they will be looking to maximise the number of tokens bought as possible.
On its website, FIREPIN has a visual of live orders being confirmed with some orders totalling up to thousands of dollars.
FIREPIN’s venture into the metaverse has even more credence following Shiba Inu’s (SHIB) announcement that they will be entering the metaverse where users can buy virtual plots of land as they look to compete with Decentraland (LAND).
Leading cryptocurrency exchanges PancakeSwap (CAKE) and Uniswap (UNI) are scheduled to list FIREPIN in the second quarter of 2022.
Solana (SOL) displays resolve among bearish market
Solana (SOL) has effectively been flexing their muscles in the cryptocurrency market after projecting a 36% rise in the past 14 days as well as an almost 9% increase in the past seven days when many of the top 30 cryptos have dipped.
Trading at $123.73, at this time of writing, a few analysts are particularly bullish on Solana’s (SOL) future with Wallet Investor predicting SOL will reach $234 by the end of 2022, whereas Tech News Leader is quite bearish, predicting SOL will drop to a value of $112 by the time 2022 comes to an end.
Alongside these crypto experts, Solana seems to split opinion in the industry with some believing Solana is the future of blockchain while others suggest its nagging network issues will stop it from making the impact within the industry it wants.
FTX Token (FTT) endures a dip after a period of growth
As yet another cryptocurrency exchange alongside the likes of Binance, Uniswap and Crypto.com that houses its native coin, FTX Token (FTT) has established itself as a bonafide top 30 cryptocurrency.
After a fruitful month of over 20% growth, FTT has dipped slightly over the past week declining 5.8%.
FTT is the third biggest centralised cryptocurrency token, only behind Cronos and BNB.
Trading at $48.10, at this time of writing, Digital Coin Price predicts that FTT will rebound from this slight slump and end 2022 at a value of $57.52.
Join Presale: https://presale.firepin.io/login
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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