This week has seen another alarming dip in the cryptocurrency market. Some coins will struggle to remain afloat through this time. However, for other well-prepared projects, the current market represents a time to regroup and prepare to go again when the bull run begins.
Let’s check out two impressive cryptocurrencies that look well prepared to bounce back better than ever, and new crypto on the block that looks set to have a huge impact on the cryptosphere – VeChain (VET), Hedera (HDAR), and Parody Coin (PARO).
Parody Coin (PARO) Cryptocurrency- The Imitation Game
Parody Coin (PARO) is a hot new project that is currently in stage 3 of its presale. Among many of its great new features is the way it offers investors an alternative way to trade NFTs.
Parody Coin (PARO) will be able to create parody NFTs of other big bluechip NFTs and enable holders to mint them. So if the developers at Parody Coin make a parody of a specific NFT, for example, Decentraland (MANA), the actual owner of that Decentraland (MANA) can gain ownership of the NFT by locking or burning their original NFT.
It’s a creative new take on NFT ownership, and it gives owners of Parody Coin (PARO) a lot of flexibility in the market. Unlike many blockchain networks, Parody Coin (PARO) gives users a large amount of control over their investment by lowering the risk of third-party interference.
You can join the booming Parody Coin (PARO) presale by following the link at the bottom of the page.
VeChain (VET) – The Ultimate Fighting Crypto
VeChain (VET), the layer one blockchain that focuses on logistics and sustainability, has gone from strength to strength since its inception in 2015. It hit the headlines again last week after it became the official blockchain partner of the Ultimate Fighting Championship (UFC).
VeChain (VET) will now be integrated into a series of massive live events hosted by the enormously popular mixed martial arts organisation.
The first of these events sponsored by VeChain (VET) was last Sunday at the Singapore Indoor Stadium and took place of a record-breaking sell-out crowd, as well as huge pay per view figures from across the globe.
VeChain’s (VET) co-founder Sunny Lu described it as an “historic moment” for the project. Given the enormous popularity of UFC, especially among the demographic most likely to invest in cryptocurrency, he may well be right. This crypto could be going to the moon in the latter half of 2022.
Hedera (HDAR) – Heightened Security for Your Crypto
Another crypto making the news this week is Hedera (HDAR), albeit for less extravagant reasons.
Hedera (HDAR) has announced its official partnership with the predictive crypto risk and intelligence platform, Merkle Science. The alliance will support Hedera’s (HDAR) mission to create the world’s first universal public decentralised ledger, allowing network participants to better recognise and mitigate crypto crime, observe global and local regulations and protect customers.
This is good news for Hedera (HDAR). Large investors will be drawn to the Hedera (HDAR) network due to this new announcement of upgraded security and stability.
Hedera (HBAR) is a smart contract platform that proudly states that it is 10x faster than its rivals. It is a carbon-negative project with consistently predictable gas fees.
Along with its new security partnership, Hedera (HDAR) can also count on some big-name players that have collaborated on the project; these include Google, Boeing and IBM.
Another recent partnership has been agreed with massive video game publisher Ubisoft, which will give support to advance Hedera’s (HDAR) moves into the gaming and entertainment world.
Are there three hotter cryptos right now than the ones we have looked at here? It’s unlikely. One of these really could be the next cryptocurrency to explode in 2022.
Learn more about Parody Coin (PARO):
This news is republished from another source. You can check the original article here.
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