The crypto market presents an attractive money-making opportunity. But how can you make money easily without having to hold tokens forever? Let’s find out!.
- Invest in ecosystems before explosive growth.
- Avalanche and Fantom – same WhatsApp group
- How can you get in there first?
What’s the easiest way to generate life-changing wealth in crypto? A good question.
Before we get into ‘how to make money’, it is important to understand where it comes from. Of course, you can try investing in random tokens and wait for it to do something. However, at Crypto Banter, we prefer a more methodical approach. We try to understand the existing narrative and predict the next one. It helps us to stay ahead of the pack and unite the Banter family all across the globe.
Life-changing wealth comes from identifying narratives and investing accordingly. So how do we do that? Invest in ecosystems before they get listed on the major exchanges.
Integrating a new blockchain into a centralized exchange like Binance is technically difficult. For example, Binance and the Avalanche ecosystem.
Binance completed Avalanche C-Chain Integration in September 2021. A month before, in August 2021, Avalanche was trading around 14. Soon after the integration, $AVAX went parabolic and reached an all-time high of 144. In November 2021, Binance listed Benqi($QI) and in December 2021 Traderjoe($JOE). We all know that Avalanche C-chain fuelled its smart contracts and ecosystem growth.
Rather than looking for the next Solana or Avalanche, it is better to figure out what ecosystem will pop next. Let’s look at a number of candidates.
According to Multichain, Fantom is the leading blockchain in trading volume and transactions count since the beginning of 2022.
Furthermore, we can see that the trading volume is almost double that of Ethereum.
Also, the top three Fantom dApps are far undervalued compared to their competitors.
In addition, Fantom has surpassed Polygon in terms of total value locked (TVL) and now Solana!
The important thing? Fantom ecosystem tokens are not yet listed on any major exchanges.
To put into perspective, Fantom has 113 protocols against Solana’s 49. Terra has just 17 protocols and still has a TVL of US$18.5 billion.
In June 2021, when Fantom Foundation announced ecosystem grants, the $FTM token was trading around US$0.31.
After the ecosystem expansion, Fantom marked an all-time high of US$3.46. We can see similarities between the growth of Avalanche and Fantom here. After the ecosystem boost, both went on and registered impressive 10x gains.
We all know how precisely Ran called Solana and Fantom.
Three major coins on Fantom – Spiritswap’s native token $SPIRIT, Spookyswap’s governance token $BOO, and Tomb Shares $TSHARE – are not available on a single centralised exchange yet.
Generally, an ecosystem explosion happens when more people get access to the tokens. And listing on exchanges is arguably the best thing for accessibility. But when these projects get listed, you will already be late to the game.
Other than the Fantom ecosystem, which ecosystems are yet to see parabolic growth? You can dig deep on coingecko.com. Search ecosystems and check how many of the projects are listed on exchanges. Cardano ecosystem is one such blockchain alongside some blockchains in the Cosmos ecosystem.
Investing in the ecosystem tokens before their exchange listing is super lucrative. That is the easiest way to make money in crypto when investing in solid projects. It’s a game of patience, but it’s also the most rewarding game to play!
Investing in ecosystems before their exchange listing offers a means to make the easiest and safest gains in crypto. Projects tend to attract a larger audience after the exchange listing. So flipping the project at the time of listing is a great idea. But if you believe a project has a lot more up its sleeve, holding is not a bad idea at all.