24 Oct 2022 · 4 min read
Ali Raza @ali-raza
m
The crypto industry has been seeing a price drop for nearly a full year now, but as October is coming to an end and the anniversary of the crypto winter’s start approaches, many are expecting for the bear market to end around the same time. Whether or not it will happen remains to be seen. However, one thing that is certain is that some projects are already performing better than others, including IMPT, Aave, Aptos, Solana, and XRP.
IMPT is a project that has developed an impactful carbon offset program for users to participate in by investing into its token, also called IMPT. The use of clean energy and awareness of carbon emissions in crypto skyrocketed last year in May, when Elon Musk announced that Tesla will stop accepting Bitcoin payments due to its environmental impact. This has created a perfect environment for projects like IMPT.
Apart from its goal to have a positive impact on the environment, the project also aims to deliver massive gains to its investors, and so far, it has received great amounts of attention. It calls itself the greenest cryptocurrency, and it runs on Ethereum’s platform where it aims to harness the power of blockchain technology to fight climate change.
It is currently in the middle of its presale, and it already sold 461.1 million tokens out of 600 million available ones. In total, it raised $8.3 million out of its $10.8 million goal.
Aave is one of the biggest and best-known DeFi projects and it operates as a decentralized lending project. Essentially, it allows lenders to earn interest by depositing digital assets into its liquidity pools. Borrowers get to borrow money from these pools, and when they return it, with interest, that interest comes as profit for the lenders.
The project has seen an 8% price increase in the last 24 hours alone, currently sitting at $88.50. Its price is over $20 higher than only 9 days ago, when it sat at $66.44.
The project’s recent price growth has already captured the attention of the global crypto community, and many view it as a signal that the bear market is coming to a close, and that it is time to get back into DeFi, stronger than ever.
Aptos is a young project with great potential, focused on delivering the safest and most production-ready L1 blockchain. The project claims that it was engineered to evolve. It was built with the idea of creating a home for developers to build future-proof apps efficiently and enjoyably. It announced the launch of its mainnet only days ago, on October 17th.
Only a few days later, the project saw a significant price spike taking it from $7.4 to $10.22, which is currently its ATH. At the time of writing, its price has withdrawn to $9.78, but it still sits 3.78% higher than 24 hours ago.
Solana is a project that requires no introduction — it is one of the biggest Ethereum alternatives today, and the (self-proclaimed) most scalable blockchain network in the world, capable of reaching 400,000 TPS. The blockchain can function perfectly at 100k TPS, and 400k is its limit according to the developers.
In the last month, the project has been seeing a relatively consistent price drop that led it from $34.5 to $27.35. However, over the last several days, its price started growing again, currently approaching the $29 mark after growing by 3.54% in the last 24 hours.
Solana has had its fair share of issues this year but it managed to handle them all head-on, and while it also encounters a lot of skepticism, its technology has been deemed solid by a large number of developers who moved in and made themselves at home in its ecosystem.
XRP is the native cryptocurrency of a company Ripple — a US-based firm that aims to revolutionize international payments by offering its highly scalable technology to banks and financial institutions around the world. The idea is to allow users to go to the bank and make a transaction to someone in a different country. The funds would be converted into XRP, which would travel through the network (RippleNet) to the recipient’s bank, where they would be converted into fiat once again.
XRP price has seen a strong surge in mid-September of this year, and since then, it has fluctuated between $0.43 and $0.54. At the time of writing, it is near the bottom limit, currently sitting at $0.45 after seeing a 0.3% increase in the last 24 hours. And, while the project has been locked in a legal battle with the US SEC for almost two years now, as the SEC accused XRP of being a security, Ripple was able to stand firmly against the regulator, and many believe that it might win the case.
Crypto investors will always be on the lookout for the most profitable opportunities, and right now, the most interesting opportunity seems to lie with IMPT. The project will act as a carbon credit marketplace and an eco-friendly shopping platform, which will allow users to earn carbon offsets base on NFTs.
To do so, all that users need to do is spend money with retailers that are partnered with green initiatives. The project offers a great opportunity and it is going in the direction that is believed to be the future of crypto, which could mean that it is an excellent long-term investment.
Ali Raza @ali-raza
m
Best Crypto to Buy Now 24 October – IMPT.io (IMPT), Aave (AAVE), Aptos (APT), Solana (SOL), XRP
The crypto industry has been seeing a price drop for nearly a full year now, but as October is coming to an end and the anniversary of the crypto winter’s start approaches, many are expecting for the bear market to end around the same time. Whether or not it will happen remains to be seen. However, one thing that is certain is that some projects are already performing better than others, including IMPT, Aave, Aptos, Solana, and XRP.
IMPT
IMPT is a project that has developed an impactful carbon offset program for users to participate in by investing into its token, also called IMPT. The use of clean energy and awareness of carbon emissions in crypto skyrocketed last year in May, when Elon Musk announced that Tesla will stop accepting Bitcoin payments due to its environmental impact. This has created a perfect environment for projects like IMPT.
Apart from its goal to have a positive impact on the environment, the project also aims to deliver massive gains to its investors, and so far, it has received great amounts of attention. It calls itself the greenest cryptocurrency, and it runs on Ethereum’s platform where it aims to harness the power of blockchain technology to fight climate change.
It is currently in the middle of its presale, and it already sold 461.1 million tokens out of 600 million available ones. In total, it raised $8.3 million out of its $10.8 million goal.
Aave
Aave is one of the biggest and best-known DeFi projects and it operates as a decentralized lending project. Essentially, it allows lenders to earn interest by depositing digital assets into its liquidity pools. Borrowers get to borrow money from these pools, and when they return it, with interest, that interest comes as profit for the lenders.
The project has seen an 8% price increase in the last 24 hours alone, currently sitting at $88.50. Its price is over $20 higher than only 9 days ago, when it sat at $66.44.
The project’s recent price growth has already captured the attention of the global crypto community, and many view it as a signal that the bear market is coming to a close, and that it is time to get back into DeFi, stronger than ever.
Aptos
Aptos is a young project with great potential, focused on delivering the safest and most production-ready L1 blockchain. The project claims that it was engineered to evolve. It was built with the idea of creating a home for developers to build future-proof apps efficiently and enjoyably. It announced the launch of its mainnet only days ago, on October 17th.
Only a few days later, the project saw a significant price spike taking it from $7.4 to $10.22, which is currently its ATH. At the time of writing, its price has withdrawn to $9.78, but it still sits 3.78% higher than 24 hours ago.
Solana
Solana is a project that requires no introduction — it is one of the biggest Ethereum alternatives today, and the (self-proclaimed) most scalable blockchain network in the world, capable of reaching 400,000 TPS. The blockchain can function perfectly at 100k TPS, and 400k is its limit according to the developers.
In the last month, the project has been seeing a relatively consistent price drop that led it from $34.5 to $27.35. However, over the last several days, its price started growing again, currently approaching the $29 mark after growing by 3.54% in the last 24 hours.
Solana has had its fair share of issues this year but it managed to handle them all head-on, and while it also encounters a lot of skepticism, its technology has been deemed solid by a large number of developers who moved in and made themselves at home in its ecosystem.
XRP
XRP is the native cryptocurrency of a company Ripple — a US-based firm that aims to revolutionize international payments by offering its highly scalable technology to banks and financial institutions around the world. The idea is to allow users to go to the bank and make a transaction to someone in a different country. The funds would be converted into XRP, which would travel through the network (RippleNet) to the recipient’s bank, where they would be converted into fiat once again.
XRP price has seen a strong surge in mid-September of this year, and since then, it has fluctuated between $0.43 and $0.54. At the time of writing, it is near the bottom limit, currently sitting at $0.45 after seeing a 0.3% increase in the last 24 hours. And, while the project has been locked in a legal battle with the US SEC for almost two years now, as the SEC accused XRP of being a security, Ripple was able to stand firmly against the regulator, and many believe that it might win the case.
The biggest opportunity in crypto right now
Crypto investors will always be on the lookout for the most profitable opportunities, and right now, the most interesting opportunity seems to lie with IMPT. The project will act as a carbon credit marketplace and an eco-friendly shopping platform, which will allow users to earn carbon offsets base on NFTs.
To do so, all that users need to do is spend money with retailers that are partnered with green initiatives. The project offers a great opportunity and it is going in the direction that is believed to be the future of crypto, which could mean that it is an excellent long-term investment.
