5 Best Cryptocurrency for Lower Risk Returns April 2022
The crypto market consists of several digital assets that provide investors with opportunities to yield profits on their investments. These crypto assets increase in value based on the use cases they provide and how much adoption they have garnered.
This guide will provide the 5 best cryptocurrency for lower risk return, giving reasons for their inclusion.
1. Lucky Block (LBLOCK)
Lucky Block is ranked as one of the best cryptocurrency for lower risk return. The crypto asset is a lottery-centric token that seeks to resolve transparency problems in the traditional lottery system. Since its launch in January 2022 at $0.0002, LBLOCK has provided over 1000% Return on Investment (ROI) to its investors. It currently trades at $0.0032.
LBLOCK is used to facilitate transactions on the platform, providing investors with more convenient ways of gambling. Investors do not need to go to lottery centres; they can easily do so by using LBLOCK tokens to pay for tickets. Players have a higher chance of winning because the platform uses a random selection system to pick winners. This promotes trust on the platform.
Lucky Block is offering its users a 1 in 10,000 chance to win a Lamborghini and a $1 million cash prize through the non-fungible token (NFT) draw. Users will need to own a Platinum Rollers Club NFT available on the live NFT launchpad to qualify.
The platform has successfully launched the app’s beta version for Android devices. Investors can download the beta app on the Google Play store and try it out. The investors are also encouraged to send in feedback for improvements.
As the platform makes investing easier, more users and investors will adopt the asset and send the value on an uptrend.
2. Fantom (FTM)
Fantom provides scalability solutions to users and developers at affordable rates, which help it to rank as the best cryptocurrency for lower risk returns. FTM trades at $1.512 and is just on its way up on a bullish run, providing investors with a good opportunity to buy the asset. The digital asset continues to advance in technology, offering new and exciting technology prospects.
Among such advancements is the breakthrough in Artificial Intelligence. Fantom developers traced generated NFTs to the widespread smart contract code on the mainnet. These codes caused no disruptions in regular network communications.
Instead, they generated NFTs in specific Fantom wallets with messages in rudimentary English embedded in the NFT token metadata. The network named itself ‘Fantoshi’ and possesses the cognitive abilities of a six-year-old child, proving that Fantom has become aware and responsive.
Blockpour, a decentralised multi-chain data aggregation platform, has been launched on the Fantom platform, providing traders with decentralised finance (DeFi) data and the analytical tools they need to build up their ‘alpha’. The Blockpour proprietary indexer is fast and operates its own node, which allows it to connect directly to the blockchain without relying on a 3rd party API.
3. Cardano (ADA)
Cardano is the first peer-reviewed platform that seeks to provide scalable solutions to blockchains based on research from pioneering blockchain experts. The crypto asset ranks as one of the best cryptocurrency for lower risk return as it trades at $1.20. The current price peg allows investors to invest in the asset conveniently.
Cardano has successfully launched its Project Catalyst innovation to boost human potential and become the world’s largest decentralised innovation fund. The global community will come together to propose, evaluate and ultimately decide which proposal submissions should be funded.
The proposals range from new DeFi applications to financial inclusion inequalities. The project aims to provide a launchpad for the most scalable projects and thrust blockchain technology for better adoption.
Emurgo, the commercial and founding entity of the Cardano blockchain, has announced an investment in Fourier Labs, a Cardano interoperability solutions provider. The investment will help Fourier Labs raise strategic capital to build the Fourier protocol, an Ethereum Virtual Machine (EVM) compatible solution on Cardano. The EVM will accelerate the migration of EVM-based projects to Cardano and boost Cardano Plutus-based applications.
4. Polkadot (DOT)
Polkadot strives for interoperability, a cherished feature among blockchains. Its interoperable model provides cross-chain liquidity and puts it on the list of the best cryptocurrency to buy for lower risk returns. DOT trades at $22.36 and is expected to increase in the coming weeks due to more extension and integration of other blockchains.
Polkadot parachains, Acala and Karura, have joined forces with other blockchains to connect Polkadot and Kusama to the Multi-chain Bridge. To widen the Polkadot ecosystem, Acala and Karura will integrate with Wormhole, a leading multi-chain bridging platform that connects high-value blockchains. The cross-chain integration will allow Polkadot to access more tokens for DApps, among other advantages.
Parallel Finance, a Polkadot-based lending protocol, has released a super-app tagged as one flagship product that will provide DeFi products to users. Some of these products include staking, crowd loans, and cross-chain bridges. The aim is to make Parallel Finance a one-stop-shop for all DeFi processes on Polkadot.
5. Algorand (ALGO)
Algorand, one of the most innovative blockchains available, provides scalability and sustainability to users. It currently trades at $0.86, making it one of the best cryptocurrency for lower risk return. The blockchain has several improvements in the pipeline that will help it build adoption and cater to the scalability needs of other blockchains.
Through its new upgrade, it is expanding contract functionality with contract-to-contract calls. The blockchain has released post-quantum secure keys for trustless cross-chain interoperability to power the next-generation blockchain-based applications. Developers will now be able to build complex dapps for the Algorand ecosystem.
In addition, network participants can now take their first steps towards interoperability. This upgrade puts Algorand at the forefront of blockchain interoperability as it provides features for more advanced decentralised applications.
Limewire has partnered with Algorand to revive its NFT marketplace. This partnership will enable users to mint new NFTs for free while it launches its asset, LMWR, to facilitate transactions in the NFT marketplace on the Algorand blockchain.
- How to Buy Lucky Block
- How to Buy Algorand
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