New cryptocurrency FIREPIN Token, which launched its token presale on February 25th – ongoing until mid-April – promises to shake up the crypto market. This token will connect five blockchains (ETH, Binance Smart Chain(BNB), (AVAX), and (SOL), and allow investors to quickly complete transactions.

FIREPIN Token

FIREPIN Token’s immediate plan is to launch the token on PancakeSwap. Additionally, PancakeSwap will be listing the token on CoinMarketCap. Finally, PancakeSwap will also list the token on other token-tracking platforms like CoinGecko.

FIREPIN (FRPN), is a community-centric organization that focuses on the creation of NFT and 3D games.

The whitepaper for FIREPIN Token (FRPN) has stated that it plans to build an innovative NFT marketplace in Stage 3 of the rollout, wherein community members will be able to exchange their FIREPIN NFTs through FIREPIN’s Proactive Market Maker (PMM) algorithm.

The whitepaper states, in addition to the above, that the project will become a Decentralised Autonomous Organisation. This means that holders of tokens will decide on the currency. The token will be democratically made available to the public and placed in the hands of an automatic system. This will prevent human errors and the manipulation of investor funds.

The group behind FIREPIN Token (FRPN) have claimed that the value of the token has risen 285% since the presale launch – and the value has seemingly continued to skyrocket, with a further 96% value rise in the last week alone.

FIREPIN Token has also implemented an initiative designed to encourage investors to hold long-term – with long-term holders being rewarded on a weekly basis with extra tokens. It is possible because all transactions on the network are subject to a 2% tax.

The NFT gaming functionality of the token has piqued some level of interest amongst the crypto community – particularly given the growth of crypto-based NFT game (AXS), released by Vietnamese gaming studio Sky Mavis in March 2018. The game utilises a play-to-earn model where players can earn Axie Infinity’s Ethereum-based in-game cryptocurrency, with players allowed to cash out their tokens once every fourteen days. FIREPIN Token, (FRPN) will offer a multi-chain solution. It links Avalanche(AVAX), Binance Smart Chains (BSC), Solana/SOL), Polygon [MATIC] and Ethereum (ETH).

Axie Infinity’s rate of return since its launch has been remarkable, with a 42,000% return of investment at its peak in November 2021. This means that an investment of $1000 would’ve netted a staggering $420,000. Axie Infinity, the NFT game series that sold more than 4 billion units in 2022 was officially launched.

FIREPIN Token’s (FRPN) potential growth in the coming months and years brings back memories of Solana’s (SOL), which was a high-performance, blockchain-based technology and became one of the key centrepieces in the NFT boom of 2021. Solana has drawn comparisons to Ethereum (ETH) – the first blockchain-based server platform – due to its supremacy over its predecessor. When comparing transactions per second, Solana outshines Ethereum, with a processing capability of 50,000 TPS, which clearly dwarfs Ethereum’s 13 to 45 TPS.

A $1000 investment in Solana (SOL) on January 1st, 2021 at $1.52 per coin would have sold for $136,376 just 11 months later – a huge return that the team at FIREPIN Token (FRPN) would hope to emulate.

FIREPIN Token (FRPN)

Join Presale: https://presale.firepin.io/login

Website: https://firepin.io/

Twitter (NYSE:): https://twitter.com/FIREPIN_io

TikTok: https://www.tiktok.com/@firepin.io

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