The simple principle for profit in crypto is to buy low and sell high, and there’s no guaranteed straightforward pattern for that strategy other than to buy solid projects off presale. The presale price for any project is the lowest entry you can get, and you stand a chance to profit more than anyone else that didn’t get from the presale. Most projects often increase the price of the token right from public sale, and once the token goes live, you can’t be wrong with selling immediately.
There’s a faction of crypto traders dedicated to that strategy and would often look for projects on presale, regardless of whether they are solid projects. They believe they can sell right as the token goes live and make money.
CashFi(CFI), a decentralised token powering the DeFi structure on its dedicated platform, is one of the most anticipated launches for the year, and it’s speculated to do over 100x from its presale price by looking at the statistics and analysing how well solid projects perform after the presale. Ethereum (ETH) was offered in 2014 at a presale price of $0.30. During the initial seed sale on the 5th of April, 2018, Solana sold for $0.15 during the ICO. The listed cryptocurrencies so far are currently over at least 1000% despite the poor condition of the crypto market.
Ethereum is the second-largest cryptocurrency by market cap, but it holds a lot of value in utilities, in-built apps, and several other perks. DeFi, NFTs, tokens, and several others–Ethereum DeFi holds around $70 billion total value locked(TVL), the NFT market is valued at over $40 billion, and several other holdings make Ethereum the most valuable network to build on.
Ethereum network, despite being one of the most versatile and secure blockchain networks, faces some scalability issues being solved by existing emerging layer-1 and layer-2 solutions aiming to help the network process transactions faster and reduce transaction fees tremendously. The network hopes to address its scalability, energy consumption and other difficulties via Ethereum 2.0, ultimately merging with the main network. The merger is likely to take place in the summer of 2022, sending the price of Ethereum (ETH) back to its all-time high. The merger is anticipated to increase the network’s speed, efficiency, and scalability and enable more transactions and reduce excessive gas prices.
It’s currently at a market cap of over $200 billion while token trades around $2000, reaching an all-time high of over $4800.
Binance Coin (BNB)
Binance Coin (BNB) is a utility cryptocurrency that serves as a payment option for trading fees on the Binance Exchange. It is the third-largest cryptocurrency by market capitalization if you exclude USDT and USDC stable coins. Binance Coin began as an ERC-20 token that ran on the Ethereum blockchain. It finally had its mainnet. The network employs the PoS consensus paradigm. Binance Coin has a market capitalization of $50 billion as of the 6th of June, 2022, with one BNB worth $307.23
CashFi Token (CFI) is a new generation liquid staking coin speculated for a 100X because it’s at the presale stage. The token has a total supply of 200 million, and each token goes for $0.027778. This is one of the lowest entry prices for a DeFi token with a relatively low supply. Presale is on from the 1st of June 2022 to the 26th of September 2022.
The CashFi Token (CFI) is meant to power liquid staking, liquidity provision, yield farming, crypto saving, lending and borrowing across the native DeFi platform. Investors can expect the value to increase as soon as it launches. Find out more about CashFi:
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