As we continue waiting for the next bull run, crypto traders are in the market looking for tokens with a huge potential to invest in. To help you with the research, we have listed some crypto tokens to monitor this crypto summer.
Crypto Summer Defined
Crypto summer is a period when various digital currencies witness massive growth. It can occur in both the bear and bull markets.
While Bitcoin and other popular crypto assets are trending downward as of this writing, you can still find profitable investments in the market. So, which tokens should you keep an eye on this crypto summer? We have discussed them below.
VC Spectra (SPCT)
VC Spectra is a company that funds businesses in the blockchain and Artificial Intelligence sectors. Being a holder of the SPCT token makes you eligible to earn a percentage of the profit realized from VC Spectra investments.
SPCT runs on the Bitcoin blockchain. It employs a burn mechanism to reduce the circulating supply in order to boost the value of the remaining tokens. Further, SPCT holders have the right to vote on investment proposals raised by VC Spectra.
How Do You Invest in SPCT?
First, go to vcspectra.io, then click “Invest Now.” Complete the registration process by providing the requested information. After that, enter the amount you want to spend on SPCT.
XRP20
XRP20 is an ERC-20 token. However, it is worth mentioning that it has no affiliation with XRP, nor do Ripple Labs issue it. One thing that makes this token exciting is that you can buy it using a small amount of funds and then stake it to earn passive income.
Like SPCT, XRP20 adopts a burn mechanism, which burns 0.1% of every transaction. The project aims to destroy 10% of the circulating supply.
How Do You Invest in XRP20
XRP20 has been in the presale phase for quite some time, but it’s now complete. Those who participated in the presale are required to connect the same crypto wallet from which funds were deducted to the XRP20 website to claim the tokens. If you did not buy at presale, you can purchase the token on decentralized exchange UniSwap V2.
Everlodge (ELDG)
Everlodge is a blockchain-based project that allows users to own vacation homes. Holding the ELDG token gives you access to the Everlodge exclusive member club. You can also stake your tokens to earn passively. Additionally, you will receive a discount if you are paying for purchases or trading fees using the ELDG tokens.
Those with ELDG tokens worth $100 or more can earn extra income by buying fractional shares in Everlodge vacation homes.
How Do You Invest in ELDG?
You need to create an Everlodge account on everlodge.io first. After that, connect your crypto wallet to the website and hit “Buy Presale.”
BTC20
We now have an Ethereum-based Bitcoin in the name of BTC20. Unlike the original BTC, BTC20 can be considered environmentally friendly since it uses Ethereum’s proof-of-stake consensus mechanism.
BTC20’s total supply is capped at 21 million tokens. There are 6 million coins already circulating, and the rest will be issued to stakers.
How Do You Invest in BTC20
Firstly, get a trusted crypto wallet that supports the Ethereum blockchain and deposit some funds. Now go to btc20.com and click “Buy BTC20.” You will then be directed to Uniswap, where you can buy the BRC20 tokens.
PAAL AI (PAAL)
PAAL AI allows users to develop and deploy AI projects on various platforms like Discord and Telegram. Holders of the PAAL token receive a portion of revenue generated from developers who use the project’s AI tools. In addition, they earn rewards by referring friends to the platform.
PAAL serves as a governance token, allowing holders to make important decisions that influence the direction of PAAL AI.
How Do You Invest in PAAL?
To Buy PAAL, go to paalai.io and scroll down to the “Swap PAAL” section. Connect your wallet and enter the amount of ETH you wish to spend on PAAL tokens.
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