Cryptocurrency has emerged as a big innovation in the financial sector as new decentralized money. The wave began with the inception of the first cryptocurrency Bitcoin, founded by an anonymous developer Satoshi Nakamoto. During its early phase, many people are known to have become richer with it. These include Brian Armstrong, Winklevoss Twins, Barry Silbert, and Akshay Haldipur from India.
Not just cryptocurrencies, the underlying technology, blockchain has also come up with advancements in technology at the forefront. There are around 17000 cryptocurrencies in existence, and more are about to add. So amid all odds, we can say that the crypto industry is indeed going to stay and extend.
The growing popularity of cryptocurrencies has made people explore various topics including Osmosis crypto or can search for the Osmosis crypto price prediction for current and upcoming years. Today, we are going to introduce those 3 cryptocurrencies through which you can make your dream come true by becoming a millionaire. Want to know which are they? Then join me in this article and find out yourself.
Top 3 cryptocurrencies that can make you a millionaire
So here are those 3 cryptocurrencies that can fulfill your dream of becoming a millionaire.
Bitcoin is the first innovation that triggered the new concept of peer-to-peer electronic money that needs no dependence or permission from the central authority. Be it government or banks. Although, it is yet to get legal acceptance worldwide, still, it has made its prominence in being a popular cryptocurrency on the global front.
And this is why the lifespan of Bitcoin has been on a longer note. Those who have been staying abreast with the crypto world, are aware of the fact of BTC is the leader on the market cap and what makes it a major crypto option for investment.
At the time when the announcement of issuing the Fortune report by Luna Foundation Guard, it reported $1.5 billion in loans in Terra USD and BTC to stabilize the latter. VanEck, the global investment manager comes intending to stabilize a BTC exchange-traded fund, and that too when SEC (the Securities and Exchange Commission) turned down the application of the company.
Bitcoin no matter is a famous cryptocurrency that has been accepted by many big companies and countries like El Salvador, Iceland, United Kingdom, Denmark, Iceland, Mexico, France, Spain, and Japan. But being prone to market volatility, it can be riskier too. So be very careful when it comes to investment.
It has been through a rough phase in the current year, but now it seems to be regaining with its price surge at the US$24K range. And this has raised new hopes for the investment community.
Coming on next is NEAR Protocol, a platform that comes with an advanced future. The main objective of this project is to make the process of creating dapps simpler for developers. The best thing about it is it’s being scalable and secure. Also, being user-friendly, it becomes easier for anyone to create dApps or decentralized applications.
To aid developers, NEAR Protocol has developed a large ecosystem of tools and services. Its current worth is around $3.7 billion or more than it is on the market. The team behind the platform is also doing efforts in developing the ecosystem and proceeding with further advancements. The NEAR Protocol is capable to eclipse the existing dApps platforms in the coming years.
GNOX Token comes as the third cryptocurrency that can make you a millionaire. It is ideal for newbie crypto investors to know about the major portion of the market and also to generate passive income. It is described as ‘yield farming as a service’ by GNOX. To see the growth in the investment, investors are eager to buy and hold the token.
Every time the GNOX token is purchased or sold by someone, a section of that transaction goes to the GNOX treasury. This is when it becomes useful in crypto investment. Passive income is generated on several decentralized finance platforms. For a regular crypto investor, such diversification can seem very challenging, but with GNOX it is easier.
The GNOX platform will go live in August. GNOX is a platform that has the robust opportunity of making remarkable gains as it is appealing to the audience on a wider scale and is in the process of its launch waiting for the bear market to end. Adding one more fact about GNOX is its capability to outshine popular alternate coins, as it has had no psychological resistance levels in the past to hold its price.
So now you can fulfill your dream of becoming a millionaire with these 3 major cryptos – Bitcoin, GNOX, and NEAR Protocol. Explore more other crypto-based topics like Osmosis tokenomics, and various others on the leading crypto website Cryptoknowmics. It is the best crypto guide to get accurate results on the price prediction of cryptocurrencies including Bitcoin, Litecoin, Bitcoin Cash, Cardano, Ethereum, Polkadot, Avalanche, Solana, and many more.