New cryptocurrency to invest in India
November 19: After all the incidents that happened in the crypto ecosystem in 2022, the market is going for a correction where the best cryptocurrencies with a promising future are only valued.
It is possible to get filthy rich by investing in cryptocurrency — but it is also very possible that you lose all of your money. Investing in crypto assets is risky, but can be a good investment if you do it properly and as part of a diversified portfolio.
Is crypto a good long-term investment?
Many cryptocurrencies such as Bitcoin and Ethereum are launched with lofty objectives, which may be achieved over long time horizons. While the success of any cryptocurrency project is not assured, early investors in a crypto project that reaches its goals can be richly rewarded over the long term.
For any cryptocurrency project, however, achieving widespread adoption is necessary to be considered a long-term success.
Should you invest in cryptocurrency?
Owning some cryptocurrency can increase your portfolio’s diversification since cryptocurrencies such as Bitcoin have historically shown few price correlations with the U.S. stock market. If you believe that cryptocurrency usage will become increasingly widespread over time, then it probably makes sense for you to buy some crypto directly as part of a diversified portfolio. For every cryptocurrency that you invest in, be sure to have an investment thesis as to why that currency will stand the test of time. If you do your research and learn as much as possible about how to invest in cryptocurrency, you should be able to manage the investment risk as part of your overall portfolio
Here is the list of some most promising new cryptocurrencies to invest in India:
Trace Metaverse ($TRC) Token: Currently the most trending Crypto game token, $TRC is the native token of Trace Metaverse, Trace is a geolocation-based metaverse with AR technology for smartphones. It is a virtual copy of the world’s map, where your avatar moves according to your geolocation. Trace is like Pokemon Go with the possibility of earning. You go, look for boxes inside which have valuable NFTs, go to work or school and make money, you can also post something there, meet new friends and chat, pumping up your avatar, you earn all the time. In short, the game does not force narrow banal mechanics. You live your life, develop in the real and digital world in parallel and earn more. Trace missions to impress people to spend their lifetime using good habits, exploring surroundings, engaging in more communications in real life, and bringing them more motivation to move instead of sitting all the time in front of a computer.
When you move in the real world, your Trace avatar moves around the map in the metaverse. Trace governance token ($TRC) has only 5,000,000,000 token issuances and it has already raised more than 3.5 million USD. Trace will soon make its limited NFT sales, you may love to buy some rare NFTs so that you can be eligible to buy the token at their token pre-sale. You can join the Discord community, Twitter Page, or Telegram community of Trace Geometaverse to stay updated. Trace has also announced its partnership with a famous crypto exchange Bitmart and the most promising blockchain Polygon (Polygon Studios) to create a bigger gaming metaverse world.
This real-life app has a strong possibility to explode in 2023, if you are a game and metaverse fan, Trace metaverse token (TRC) can be your big bet to be rich.
VITA INU TOKEN ($VINU): Vita Inu ($VINU) is an ecosystem established to facilitate the purchase of goods and services with digital currencies. The team behind Vita Inu consists of several individuals with years of experience in the cryptocurrency industry. The team is led by co-founders David Orme and Maximilian Weinberg and includes many developers, designers, and marketing professionals. VITA Inu ($VINU) is currently the most emerging meme token in the market.
The total supply of Vita Inu (VINU) tokens is 1 billion, and the developers are planning to distribute these tokens through a series of airdrops and rewards. There are also several advantages to the Vita Inu mentioned by the developers. For example, the coin’s ability to be used as a payment tool for goods and services, be donated to charities, and be used in mobile wallets and bank cards are among its prominent features. You can buy VINU tokens at Bybit, The best cryptocurrency exchange in India right now, or any other exchange of your choice.
Social Good ($SG) Token: Social Good Foundation Inc.’s mission is to build the world’s largest global platform and to provide financial freedom to all people worldwide. The more they shop through the SocialGood App, the more assets users earn. There are over 2 million users from more than 200 countries and territories worldwide. The app has partnered with over 1,800+ major shopping websites, and users can earn SocialGood ($SG) cryptocurrency in proportion to how much they spend at these stores. Social Good Foundation Inc. has registered 68 patents in Japan, including their patented Crypto Back system.
The more you participate in the growth of the SocialGood Ecosystem™, the more benefits you will gain. Supportive members of the community are more likely to earn 100% Crypto Back rewards. You could also win $1,000 worth of SG just by sharing a screenshot of your $SG earnings with the hashtag #SocialGoodApp_CryptoBack on social media.
Apex Protocol ($APEX) TOKEN: ApeX, a decentralized and non-custodial derivatives protocol incubated by Davion Labs, has recently closed its seed round funding, which is led by global investors including Dragonfly Capital Partners, Jump Trading, Tiger Global, Mirana Ventures, CyberX, Kronos and M77 Ventures. The $APEX token was launched at Bybit Launchpad, the best IEO launchpad service at this moment worldwide.
The protocol successfully launched its beta version on the Arbitrum main net and released its original series of NFTs equipped with special equity attributes to the public.
BITDAO ($BIT): BitDAO is poised to be a major player and influencer in the decentralized tokenized economy. The flexibility and transparency of DAO governance allow BIT token holders to “build their own adventure”. BITDAO ($BIT) is supported by Bybit as well. BitDAO allows for multiple independent teams to coordinate proposals, negotiate partnerships, and develop products for BitDAO governance approval. There can be hundreds of developers and partnership coordinators contributing to the BitDAO mission. BIT token holders can pick and choose the best ideas. If you like DAO, $BIT can be your ideal bet.
Hello Fans ($HF): Hello Fans is the world’s first upcoming and most awaited decentralized social metaverse where creators, fans, influencers, and other users converge to create, engage, exhibit, trade, and earn in the metaverse. This decentralized social metaverse creates a safe space for innovators of the online world, where creators get access to multiple pathways of income for their creation and products that they will completely own in the digital space. It’s a perfect solution that combines the solution of content duplicity issues, brings web3 experience, and provides the best creator economy worldwide, Hellofans.io is led by Niharika Dolui (CEO and Co-Founder) she is also among the best evolving CEOs in India, and won multiple awards by Global Business Line and others. Somaditya and Neeraj are among the other co-founders who are deeply committed to the project. With the power of NFT and their distinguishable codes, art has a further outspoken approach; this solution understands the time and dedication required to pull out an artist’s ninth symphony. Creators get a ton of features to monetize their content with brand collaboration, NFT Royalty bidding, NFT unlocking and engagement with fans to earn better, and several others. The support of EPO/EPS gets the creators more focused on their goals and more importantly holding their hands to walk through the journey. This patent filed Solution offers digital innovators to use their single platform which predominantly omits the hassle of using multiple spaces for different usages. This research wants the creators to have a transparent and fulfilling time and provide opportunities to earn with engagement, EPO, EPS, and also by participating in reselling. For now, the users are considered an invaluable asset and a revenue source to push billions of dollars worth of ads through the platforms.
ESNC Token ($ESNC): The circulating supply is not available and a max. supply of 1,000,000,000 ESNC coins. If you would like to know where to buy Galaxy Arena Metaverse at the current rate, the top cryptocurrency exchange for trading in Galaxy Arena Metaverse stock is currently Bybit. Galaxy Arena Metaverse is an entertainment venue that puts on events, and live fights and acts as a hub for all other ”to earn” platforms. We have pioneered the “Train to Earn” concept and our vision is to keep users healthy and fit in the metaverse. Our product is actually ready and explorable.
DEFY ($DEFY) Token: DEFY is a play-and-earn NFT blockchain mobile game. Immersing players in a metaverse that bridges the virtual and physical worlds, DEFY fuses hyper casual code-breaking gameplay, with real world exploration with augmented reality (AR) adventures. DEFY’s in-game economy has been designed with the players experience in mind. A dual currency model is combined with an extensive set of customisable tradable game assets as well as multiple incentive mechanisms that can be leveraged by the players who are willing to put in the effort. If you would like to know where to buy DEFY at the current rate, the top cryptocurrency exchange for trading in DEFY stock is currently Bybit. The DEFY token is a utility token which is key in letting users acquire in-game assets, interact with other users and enhance their effectiveness as operatives in the game. Users can redeem DEFY tokens with FCOINS (in-game currency) accumulated through in-game achievements or purchase $DEFY via a CEX or DEX.
SLG ($SLG) Token: SLG is the governance token of the Land Of Conquest game. The total amount of SLG issued is 1 billion, and the initial value is set to 0.03usdt, which is a deflationary currency. There will be a very small amount of placement in the operation activity game. SLG is divided into two types: in-game and on-chain. Players can exchange XTAL to get SLG inGame in the game, and then extract SLG In Game to SLG on the chain, and then play through the Pancake liquidity pool, or trade on the exchange. If you would like to know where to buy Land Of Conquest at the current rate, the top cryptocurrency exchanges for trading in Land Of Conquest stock are currently Bybit or other exchanges. The current CoinMarketCap ranking is #3052 and a max. supply of 1,000,000,000 SLG coins.