Floki Inu, Akita Inu and WGC Token: 3 must-know tips for investing in cryptocurrency
Since Bitcoin’s inception in 2009, the world has changed around it, creating spin-offs, meme coins and competitors to its once solo brand. Opening the world to cryptocurrency and revolutionizing the ways in which users can invest their hard-earned money.
Cryptocurrency comes under many names these days but it’s easy to spot the best ones to invest in, whether that’s Floki Inu, Akita or WGC Token. Understanding the benefits of different currencies can, at first glance, seem like a long process, but it’s much simpler than you would believe.
- What Each of The Three Cryptocurrency Offers.
In a world of ‘magic money’ as some Comp-Sci students would label it, the benefits of investing in crypto is beyond what users first imagined, though the safety and value of your investments can vastly differ between currencies. This is due to the structures (blockchains) the currencies are using.
Mono-currencies are often less stable by nature and are open to devaluations of stock at the publishing click of Elon Musk’s Twitter account or the new emergence of greater crypto tokens. It can be a dicey game to place your eggs into one basket.
Floki Inu, an NFT (Non-fungible) token is a movement-based currency, following in the footsteps of others like it, such as Shiba Inu. With a strong meme culture and community, it can be seen as one of the currencies most likely to succeed in the modern age of metaverses. However, upon looking deeper, Floki Inu’s crypto base would ensure that its tokens aren’t recognised outside of its own blockchain, resulting in volatility for investors and their investments alike.
Following the meme movement, Akita tokens are joining the metaverse, but does this offer anything different to its direct competitor Folki Inu? It certainly does. Akita is loosely inspired by Dogecoin, though its use of DeFi (Ethereum blockchain) broadens the user’s investment possibilities, making Akita tokens much more versatile. In the sense of a healthy ecosystem, Akita will trounce Floki Inu in investments alone, purely down to the crypto type. However, the use of a singular culture or a mono-currency leaves the investments open to attack from external factors.
Green Climate world is a project aiming to improve life on our planet. The core of the project is the WGC Token. The WGC token is a blockchain-based cryptocurrency and also a ledger. All logs will be secure on the blockchain with no possibility for any kind of tempering or erasing by anyone. The creators claim that their main goal is recording atmospheric data to our blockchain and planting trees. In order to reach that goal, they take a small per cent of the value of the WGC token and put it toward planting trees.
More and more people are becoming aware of the ever-growing issue of climate change and not many cryptocurrencies take the time to think or act on the matter. Consequently, more people will turn their attention to eco-friendly options such as WGC Token. This cryptocurrency stands out because it has real-world value. Essentially, it is an investment into the future and the planet.
- Expect Volatility
This tip is both scary and exciting in equal measures, a knock-you-to-the-floor cocktail of thrill. Though investing in Cryptocurrencies can be daunting because the stock of the investment rides the waves of trends, it’s simpler to accept the probability of rises and shortfalls. This, however, doesn’t mean that strategy doesn’t play a part in an investment, but you didn’t need me to tell you that.
Volatility is the byproduct of crypto and with it, emerging currencies, like WGC Token. Who is paving the way to sustainable and most importantly, repeatable success.
- The Three R’s: Research, Research … Research.
Anything worth doing in life requires some research, whether that’s how to perfect a Spaghetti Carbonara to investing in Cryptocurrencies. Doing your research ensures that your choice of investment is best for you, reducing the personal risks and betting your life.
Investing in crypto can be life-changing and it can be as simple as choosing between a mono-currency and a dual-currency.
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