With the success and globalization of cryptocurrency industry has become, it is only natural that there are many trying to emulate the triumphs that many cryptos have had in the digital asset space.
The tastes of Uniswap (UNI) and Tron (TRX) have become bona fide cryptocurrencies in the industry with both rankings in the top 25 cryptos in the world, according to data from CoinMarketCap.
The tastes of Parody piece (PARO) are new to the space and looking to make a real impact.
Is Parody Coin (PARO) ready for stardom?
Currently, in its pre-sale phase, Parody piece (PARO) is a deflationary utility coin that makes it easy to trade, mint and market parodies of popular NFT collections.
PARO is the native token of the Parody Coin ecosystem where examples such as Parody Bridge and Parody Swap exist where investors can generate income.
The Parody Bridge is a place where PARO tokens can be sent among other things block chains and the Parody Swap exists where users can swap the cryptocurrency they own an equivalent amount of PARO coins.
The Parovere, a metaverse of the Parody Coin ecosystem contains decentralized applications (dApps) where investors could exploit them and also interact with virtual worlds via NFT parodies.
As the coin remains in presale, the possibility of getting a low for potential investors is there.
Uniswap (UNI) suffers a disappointing month
As a leading decentralized exchange token, Uniswap (UNI) is at the top of his respective game.
However, UNI’s recent performance leaves much to be desired.
United has been red across the board over the past month, suffering a 14.5% decline over the past 14 days.
After reaching its all-time high of $44.92 in May 2021, UNI has since suffered an 80% drop to its current price of $8.99, at the time of writing.
Uniswap is ranked as the 25th largest cryptocurrency in the world, with a market cap of over $6 billion, according to CoinMarketCap.
According to some crypto experts, the minimum price that UNI will reach by the end of 2022 is $12 and the maximum price is $15.
The good fortune of Tron (TRX) is coming to an end
While most of the cryptocurrency market was in the red last week, Tron (TRX) achieved an admirable market performance with a rise of 12.6% in the last seven days.
However, that didn’t last as Tron (TRX) inevitably succumbed to market pressure and fell 8.0% in the last 24 hours.
Tron is ranked as the 22nd largest cryptocurrency worldwide, amassing a market capitalization of nearly $7 billion, according to data from CoinMarketCap.
As blockchain decentralized digital platform, Tron aims to host a global digital content entertainment system at a cost-effective price.
Trading at $0.067, at the time of writing, Tron last hit its all-time high of $0.23 in January 2018.
According to TradingBeasts, TRX could reach a price of $0.113 by the end of 2022.
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