FIREPIN TOKEN (FRPN) IS TWO WEEKS CLOSER TO ITS LAUNCH AS TERRA (LUNA) AND SHIBA INU (SHIB) TAKE AN UNEXPECTED DIVE
INTRODUCTION
This week, the cryptocurrency market has experienced a nosedive, with significant cryptos like Bitcoin (BTC) and Ethereum (ETH) having value decreases. Other cryptocurrencies have also followed the downward trend.
We are in the middle of a dip that could lead to massive sell-offs, and crypto investors are torn between HOLDING their assets for as long as possible or getting rid of them.
One token that has been unaffected by the sell-offs is FIREPIN Token (FRPN) which is about to enter into its third and final presale phase, moving days closer to its official launch.
FIREPIN TOKEN (FRPN) LAUNCH DATE DRAWS NEAR
FIREPIN Token (FRPN) has enjoyed a very successful presale that will soon end once it completes the final phase.
It is scheduled to launch on May 27 and will enter the third phase of Its presale on May 12, setting the stage for a much-anticipated launch.
FIREPIN Token (FRPN) has plans to invest and be a part of the Metaverse and virtual reality. It is a community-driven decentralised autonomous organisation (DAO) that is making moves to be involved in greater Metaverse integration.
Apart from its goal to invest more in the Metaverse and Play-to-earn games, FIREPIN Token (FRPN) also plans to provide staking and farming solutions that will assist in the creation of a more inclusive NFT marketplace.
There will be a 2% fee deducted on each transaction added to an airdrop. In addition, a portion of each transaction will be added to a treasury fund that will be instrumental in investing in other virtual reality ecosystems.
The airdrop will allow FRPN holders to receive tokens every week to earn the passive income.
TERRA (LUNA) PLUMMETS
Terra (LUNA) has experienced a very unexpected shock as it dipped by over 99% in the past week.
Since the dip, Terra (LUNA) has dropped out of the top 10 list and is nowhere to be found in the top 50.
Crypto enthusiasts believe that Terra (LUNA) could still rise again before the year runs out despite this very bearish run.
SHIBA INU (SHIB)
Shiba Inu (SHIB) may not have been as bearish as Terra (LUNA), but it has suffered considerably amidst the dip.
Despite this decline, Shiba Inu (SHIB) still maintains its position as the 15th largest cryptocurrency, with a market cap of more than $9 billion, according to CoinMarketCap.
CONCLUSION
With the crypto market experiencing its current freefall and considering its usual volatility, FIREPIN Token (FRPN) will engage the use of the Algorithmic Reserve Currency mechanism to maintain its token value.
With two weeks left until its launch, the clock is ticking for investors who want to join the FIREPIN Token community.
FIREPIN Token (FRPN);
https://presale.firepin.io/register
