Crypto analysts have predicted that the meme coin Dogetti and lending platform Aave could give investors multifold returns in the future. The decentralized blockchain platform Flow also made it to their list of promising cryptocurrencies. Read to know how these top cryptocurrencies can make you rich in a matter of time.
Aave Surges 200% In 30 Days
Aave is an Ethereum blockchain-based protocol that allows users to borrow and lend cryptocurrencies. It uses smart contracts to automate the loan process that manages fund distribution, collaterals, and fee assessment. It enables the platform to operate without any third-party intermediary.
To lend crypto on Aave, users should deposit their currency by connecting a digital wallet to the platform. These deposits will offer a fixed annual percentage yield that will be paid in the same asset in which it is deposited. To borrow on Aave, users will have to supply their crypto as collateral. Users can earn interest on these deposits. After the collateral is deposited into the liquidity pool, users can borrow other cryptocurrencies but up to a certain percentage of their collateral value. Aave also offers a native token in its own name that can earn interest through staking.
At the time of writing, the price of the AAVE token was trading at 76.22 dollars. The currency has been trading in the green since 2021. Over the last 30 days, AAVE witnessed an increase of 202.8%. Crypto analysts believe that the growing number of buyers in the market portends a bright future for AAVE, which could reach $100 in 2023.
Flow Heading To $5
Flow is a decentralized layer-one blockchain designed to function as the base protocol for dApps, games, and digital assets. Flow platform aims to provide a scalable environment and congestion-free fast transactions. Since it has faster speeds and lower transactions, it is expected to become an alternative to Ethereum. The developer-friendly Flow ecosystem has been attracting top developers and crypto enthusiasts.
The native cryptocurrency of the Flow ecosystem is also called FLOW. It is designed to serve as a network fee, reward, payment method, and reserve asset in the long run. Though the coin has been suffering a bearish trend in the market lately, it witnessed a rise of 1.6% over the past 30 days. The crypto analysts predicted that the price of FLOW could reach up to $1.97 in 2023. They are also optimistic about the currency reaching up to $5 in 2025.
Dogetti To See 300% Rise Soon
Dogetti is a new dog-themed meme coin in the crypto market that has been doing notable wonders in its presale stage. Its ecosystem is made up of DogettiNFT, DogettiDAO, and DogettiSwap. DogettiNFT allows the holders to breed, grow and sell in exchange for fiat or other cryptocurrencies. Dogetti DAO fosters transparency and accountability in the project by allowing the family to propose and vote on proposals for the development of the community.
Another feature of the protocol is DogettiSwap, which is a decentralized exchange where members can swap any ERC 20 token for another one. Dogetti announced that it would impose a 6% tax on every transaction made on the platform. But, 2% of the tax will be added to the charity wallet, and another 2% of the tax will be redistributed to the holders’ wallet, which means the Dogetti holders can become rich simply by holding the wallet. These futuristic visions and enticing offers are bringing more investors to the Dogetti family.
In the first stage of the presale, Dogetti raised $375,000. As of writing, a single unit of DETI token costs $0.00007. The price will be raised to 300% in stage two of the presale. Since the first stage is fast approaching its target, users can avail 25% bonus by using the WISEGUY25 code. Rush before the price rises!
For More on Dogetti (DETI)
Presale: https://dogetti.io/how-to-buy
Website: https://dogetti.io/
Telegram: https://t.me/Dogetti
Twitter: https://twitter.com/_Dogetti_