The main aim of crypto market players is wealth security and increment. Crypto investors looking to achieve this must have what it takes to identify the right project and know how to mitigate the risks involved in the crypto investment. Only then can they have a profitable market stay.
High-risk takers are prone to more loss but high-profit margins when predictions go their way. One effective way to balance the profit and loss occurrence is investing what you can afford to lose in low-priced crypto stocks. HachiFi (HACH), Loopring (LRC), and Cronos (CRO) are promising under $1 digital assets that can increase your wealth in the coming months, and we review each of them below.
Sending the blockchain through loops
Loopring is a promising crypto project launched to combine the beneficial features of centralized and decentralized digital asset exchanges to provide adopters with optimum advantages and reduced shortcomings. Over the years, the hybridized platform has provided users with a protocol devoid of many shortcomings, making it better than strictly centralized or decentralized platforms.
Loopring protocol eliminates the custodial and lack of transparency challenge centralized exchange poses and the lower efficiency and limited capabilities features of most decentralized exchanges (DEXs). The platform is operable on NEO and Ethereum blockchains and has a unique token for each of network.
LRC is the Ethereum-based token and facilitates the open protocol’s functionality of being a hybrid crypto exchange platform. Analysts have tipped the under $1 token to have a great run in the coming months, and over 237K+ individuals are monitoring its progress on Coinmarketcap.
Loopring (LRC) has an all-time high slightly above $3 but currently sells below the $0.5 mark. Experts are backing it to make an impressive rally beyond the $1 mark like it did towards the year ends in the previous market year. The low market price and prospect make it a risk worth taking, but doing your research is vital.
Time in the market
Most payment and trading platforms or companies offering financial services do have a blockchain protocol, but it’s not all that gets to survive. Cronos chain is one of the thriving open source and decentralized blockchain networks developed by a trading platform.
Crypto.com — a financial services company that developed the Cronos chain to facilitate universal adoption and accessibility of cryptocurrencies and other digital assets. The blockchain ensures users retain total control over their financial resources, data, and privacy.
Cronos chain is an Ethereum-compatible blockchain with EVM (Ethereum Virtual Machine), allowing easy porting of Ethereum-built DApps to Cronos Chain. It utilizes the proof-of-authority (POA) consensus like Ethereum (ETH) and boasts a high Total Value Locked (TVL).
Cronos token (CRO) powers the blockchain platform and effectively ensures it serves its utility on the Crypto.com finance solutions. It’s used as transaction fees on the network and can be leveraged for incentives and rewards through staking and purchase
It is another promising altcoin selling below $1, and analysts believe a favorable market condition could see it surpass the $1 market for the first time. It’s currently at a low price, slightly above $0.1, which could be an advantage to proactive potential adopters.
HachiFi ecosystem is a decentralized blockchain platform that hopes to provide individuals with increased opportunities in the crypto space. HachiFi will unlock more DeFi potential by improving global adoption and accessibility of the digital space and cryptocurrency market.
With HachiFi, making the most of the Metaverse space, NFTs, and DeFi becomes seamless and achievable. Hachi token (HACH) is the ecosystem’s native token and will power all the products, services, and functions of the platform, ensuring credibility, transparency, independence, and flexibility.
One of the main utilities of the token will be NFTs breeding, which is the highlight of the platform’s use cases. HaChiFi will have a collection of 2,000 exclusive livestock, including pigs, sheep, cows, ducks, etc. Users can stake their tokens to earn these NFTs and benefit from the benefits holding them brings. The Hachi token (HACH) is set to go on presale, and early adoption could be beneficial due to the project’s prospects.