MetaverseNFTCoins.com
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams
No Result
View All Result
MetaverseNFTCoins.com
No Result
View All Result

5 Best Cryptocurrency to Buy for Lower Risk Returns December 2021 – Week 2

December 9, 2021
in Blockchain
Reading Time: 7 mins read
A A
5 Best Cryptocurrency to Buy for Lower Risk Returns December 2021 – Week 2
ShareShareShareShareShare

The crypto market is surfing bearish waves, with a decline in the total market cap by 0.85% in the last 24 hours. Most crypto assets have been trading in the red zone for quite a while but there are a few coins that we consider the best cryptocurrency to buy for lower risk returns.

1. Decentraland (MANA)

Decentraland is the metaverse’s most dominant currency. The Metaverse platform is a 3D virtual platform that facilitates the creation, ownership and distribution of virtual objects.

Along with the crypto market, MANA has experienced several drawbacks in the last few weeks, but the digital asset is one of the cryptocurrency to buy for lower risk returns.

Investors are encouraged to take advantage of MANA’s bearish movement as the Millionaire Maker team intends to begin executing extensive plans to design and operate the Millionaire Mansion, a VIP social club on Decentraland, known to be the most dynamic metaverse platform within Q1 of 2022.

Other news guaranteeing the price surge of MANA in coming weeks is Decentraland’s sponsoring of the 3D modelling platform Blender, which is a tool for content creators on virtual platforms.

By becoming a patron member of the Blender Development Fund, Decentraland will contribute to the Blender roadmap by providing an open metaverse for content creation.

For investors to make high returns on the low-risk token, it is best to invest now as MANA currently trades at $3.71 and is down 1.16% in the last 24 hours. The ERC-20 token is also trading below the 20-day moving average (MA) support price of $4.29.

2. Cardano (ADA)

Cardano is a proof-of-stake (PoS) platform that combines pioneering technology to provide optimal security and sustainability to decentralised applications and systems.

Cardano has seen more depreciative trends in the last few weeks; however, this dip in price is an opportunity for potential investors who want to stake their money on one of the best cryptocurrency to buy for lower risk returns.

The price of ADA is expected to surge in the coming weeks due to the smart contract network’s Flick to project surpassing 1.5 million staked ADA after just a month since launch.

The project serves as a media launchpad for creators by providing them with financing while teaching them how to earn passively by distributing royalties when projects are completed.

The Cardano network seems to be reaching better and even more competitive milestones as the PoS network recently recorded over 20 million transactions ahead of the proposed DEX launch on the platform.

Due to the launch of smart contracts on the platform, users can now mint NFTs and this has contributed to the surge in network activity.

ADA is currently on a bearish trend as the asset was seen trading below the 20-dayMA support price of $1.58, and the current price of $1.38 is 0.49% down in the last 24 hours.

3. The Sandbox (SAND)

Cryptocurrency to buy for Lower Risk Returns

The Sandbox is a virtual metaverse platform where players can play, build and monetise their in-game assets and experiences.

With the rebranding of Facebook to Meta, metaverse tokens such as The Sandbox’s utility token, SAND, saw massive surges in price. For week 2 in December, SAND constitutes one of the best cryptocurrency to buy for lower risk return as the token trades at $5.27.

The Sandbox just recorded the sale of the most expensive NFT on its metaverse at $650,000. The Metaflower Super Mega Yacht is a four-storey yacht with two helipads, several lounges, a dance floor and a jacuzzi sold by metaverse developer Republic Realm as an extension of a Fantasy project.

The Sandbox is gaining more adoption as the SAND token has been listed on the Atomic Wallet as one of the assets available for storage, exchange and cashbacks.

As SAND reaches another milestone, it is only sure to expect the token to soar in the market in the coming weeks. The ERC-20 token is trading below the 20-day MA price of $6 and is down 2.17%, opening an opportunity for investors to buy the digital asset.

4. Ripple (XRP)

Ripple is the native token of Ripple Labs that aims to usher in a new era of high-performance payment solutions for businesses.

The XRP token is one of the best cryptocurrency to buy for lower risk returns as the digital asset moves to innovation and growth in the crypto space.

Ripple has joined the Digital Pound Foundation, a non-profit organisation focused on the development and implementation of the digital Pound in the UK.

Ripple aims to support the design of the digital Pound to help the UK build an inclusive and sustainable financial system.

Ripple is set to launch a crypto product called the Liquidity Hub, allowing financial companies to offer their customers access to cryptocurrency. With the development, clients will trade a selection of cryptocurrency

The crypto asset is set to move past current resistance prices as investors rush to buy XRP. The digital asset is currently up by 3.01% but continues to trade below the 20-day MA price of $0.95 at $0.86.

5. Polygon (MATIC)

Polygon is a layer-2 scalability solution designed to enable more adoption of cryptocurrency by rectifying issues on the Ethereum blockchain.

The Polygon utility token, MATIC, is regarded as one of the best crypto to buy for lower risk returns.

The Polygon network has delved deeper into blockchain gaming by entering a strategic partnership with a leading technology provider, GameOn, to bring NFT games to Polygon clients.

The partnership is focused on leveraging GameOn’s ability to build NFT-based games on their Ethereum-scaling platform and allow GameOn to create, mint and sell NFTs to the Polygon game layer.

Incentives that guarantee a return on low-risk coins such as MATIC is the imminent launch of Aurox, a free trading terminal on the Polygon network to facilitate trades and lending activities without having to pay unnecessary fees that only benefit intermediaries.

The MATIC token is moving against the bearish crypto market trend. The token is slightly bullish today with a price of $2.33, which is above the 20-day MA price of $1.11, with a 2.90% decrease in the last day.

Read more:


Credit: Source link

ShareSendTweetPinShare
Previous Post

Global cryptocurrency regulation should be comprehensive and co-ordinated, IMF says

Next Post

Global Crypto Regulation Should be Comprehensive, Consistent, and Coordinated   – IMF Blog

Next Post
Global Crypto Regulation Should be Comprehensive, Consistent, and Coordinated   – IMF Blog

Global Crypto Regulation Should be Comprehensive, Consistent, and Coordinated   – IMF Blog

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Weekly Updates

Loyal to become first customer loyalty project on Shimmer

Loyal to become first customer loyalty project on Shimmer

January 27, 2023
25 Charged Over Florida Scam Involving Thousands of Bogus Nursing Diplomas

25 Charged Over Florida Scam Involving Thousands of Bogus Nursing Diplomas

January 27, 2023
Will regulation benefit cryptocurrency in 2023 and beyond? – CryptoMode

Will regulation benefit cryptocurrency in 2023 and beyond? – CryptoMode

January 29, 2023
Silvergate Bank Suspends Dividend Payments to Preserve Liquidity

Silvergate Bank Suspends Dividend Payments to Preserve Liquidity

January 29, 2023
30+ million Bitcoin addresses are in profit after BTC spike

30+ million Bitcoin addresses are in profit after BTC spike

January 30, 2023
MetaverseNFTCoins.com

This is an online news portal that aims to provide the latest NFT news, crypto news, blockchain, regulations, scams, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch.

What’s New Here!

  • The January figures are 92.7% lower than the $121.4 million
  • Beware cryptocurrency scams: Attorney general
  • Britain Announces Plans for ‘Robust’ Crypto Rules, Launches Consultation – Regulation Bitcoin News

Subscribe Now

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - metaversenftcoins.com - All rights reserved!

No Result
View All Result
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams

© 2021 - metaversenftcoins.com - All rights reserved!

  • bitcoinBitcoin (BTC) $ 24,090.00 4.15%
  • ethereumEthereum (ETH) $ 1,683.12 6.06%
  • tetherTether (USDT) $ 1.00 0.33%
  • bnbBNB (BNB) $ 321.45 2.82%
  • usd-coinUSD Coin (USDC) $ 1.00 0.32%
  • xrpXRP (XRP) $ 0.414941 2.75%
  • binance-usdBinance USD (BUSD) $ 0.999608 0.24%
  • cardanoCardano (ADA) $ 0.405212 4.48%
  • dogecoinDogecoin (DOGE) $ 0.095252 0.37%
  • matic-networkPolygon (MATIC) $ 1.23 11.41%
  • okbOKB (OKB) $ 39.91 6.03%
  • solanaSolana (SOL) $ 25.47 6.73%
  • staked-etherLido Staked Ether (STETH) $ 1,678.51 6.2%
  • polkadotPolkadot (DOT) $ 6.56 4.86%
  • litecoinLitecoin (LTC) $ 101.63 4.9%
  • shiba-inuShiba Inu (SHIB) $ 0.000012 2.61%
  • avalanche-2Avalanche (AVAX) $ 21.55 9.58%
  • tronTRON (TRX) $ 0.063780 2.08%
  • uniswapUniswap (UNI) $ 6.96 5.59%
  • daiDai (DAI) $ 1.00 0.11%
  • cosmosCosmos Hub (ATOM) $ 14.91 11.72%
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 24,096.00 4.32%
  • chainlinkChainlink (LINK) $ 7.30 4.97%
  • the-open-networkToncoin (TON) $ 2.42 4.88%
  • moneroMonero (XMR) $ 179.48 1%
  • ethereum-classicEthereum Classic (ETC) $ 22.65 4.67%
  • leo-tokenLEO Token (LEO) $ 3.36 5.67%
  • aptosAptos (APT) $ 18.29 10.24%
  • bitcoin-cashBitcoin Cash (BCH) $ 137.79 2.56%
  • stellarStellar (XLM) $ 0.093000 2.94%
  • apecoinApeCoin (APE) $ 6.12 3.64%
  • quant-networkQuant (QNT) $ 150.13 4.94%
  • filecoinFilecoin (FIL) $ 5.74 9.7%
  • nearNEAR Protocol (NEAR) $ 2.47 6.95%
  • crypto-com-chainCronos (CRO) $ 0.082016 3.56%
  • lido-daoLido DAO (LDO) $ 2.36 9.02%
  • algorandAlgorand (ALGO) $ 0.257217 6.76%
  • hedera-hashgraphHedera (HBAR) $ 0.069677 7.64%
  • vechainVeChain (VET) $ 0.025007 8.02%
  • internet-computerInternet Computer (ICP) $ 6.03 0.59%
  • fantomFantom (FTM) $ 0.582832 9.46%
  • decentralandDecentraland (MANA) $ 0.806684 6.29%
  • axie-infinityAxie Infinity (AXS) $ 11.43 4.77%
  • aaveAave (AAVE) $ 91.45 10.12%
  • the-sandboxThe Sandbox (SAND) $ 0.771556 5.11%
  • eosEOS (EOS) $ 1.10 3%
  • flowFlow (FLOW) $ 1.14 6.56%
  • elrond-erd-2MultiversX (EGLD) $ 44.69 5.03%
  • theta-tokenTheta Network (THETA) $ 1.10 6.99%
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000173 0.9%