Significant setbacks have recently been experienced by the crypto industry, but history has shown that this will not last long, and a period of prosperity could be on the horizon.
This article examines three promising cryptocurrencies that could help your portfolio survive the recession: Rocketize (JATO), VeChain (VET), and Ripple (XRP). Particularly in the current recession, these crypto initiatives have the potential to increase your wealth. Here’s why.
VeChain (VET): A Foundation For Future Innovation
VeChain (VET) is a crypto platform that uses blockchain technology to lay the foundation for the upcoming significant technological transformation. The VeChain network is the only place where the VET token is used. Providing reliable resources for removing substantial data obstacles in well-established industries including healthcare, energy, food, and beverage is the objective of this well-liked blockchain endeavor. It has shown to be also reliable, secure, and open business strategy thus far.
VET was once an ETH-based token, but now that it has its own smart contract platform, other coins can utilize it as the basis for their projects. VeChain (VET), a public blockchain, aspires to be widely used by both established and start-up businesses.
Ripple (XRP): A Step Towards Decentralization
A popular cryptocurrency called XRP was developed to assist in resolving database difficulties with centralized organizations like banks. The SEC, however, initiated a lawsuit against Ripple, the company that created $XRP, immediately after its token launch, alleging that it had broken security regulations. Although the court case has dragged on since 2020, significant advancements have been made in recent weeks. With Ripple now enjoying the backing of other cryptocurrency platforms, things are starting to look up for XRP.
The SEC, according to the majority of people, has been inconsistent in its enforcement strategy and poses a threat to the entire cryptocurrency industry. With Coinbase’s recent backing, other institutions may now start to ask the court to dismiss the case. Ripple is thriving and it has the potential to yield more returns soon.
Rocketize (JATO): A Utility Meme Coin
Rocketize Token (JATO) is a new meme token. Being in its presale period gives early purchasers the chance to purchase the token below market value and lock in a profit before the token launches. Given that Dogecoin (DOGE) has lately experienced tremendous growth, the Rocketize Token presale was highly anticipated and many investors have already purchased its native token, JATO. Meme coins with potential price discrepancies are being sought after by the market currently.
Rocketize aspires to develop a profit-focused community that is trying to produce value that would transfer to riches for the community. The project is, of course, community-governed, and users will have the chance to work hard to make money for themselves.
The aptly named Rocketize community, “Atomic Nation”, has grown since its inception, and continues to grow and strengthen. On the Binance Smart Chain (BSC) network, the Rocketize Token (JATO) is an open-source community project token that is based on the BEP-20 standard. In addition to producing memes, graphics, videos, animation, podcasts, and other types of creative and educational content, Rocketize Token (JATO) has also become actively involved in the production of special events and public forums like voice chats, AMAs, and Twitter Spaces.
Since the community and the exchanges that support Rocketize Token (JATO) are the sole owners of the token, a lot of effort has been invested into building the community. As some tokens will be burned during each transaction, Rocketize Token (JATO) intends to favor the deflationary process. As a result, the cryptocurrency is intended to appreciate in value as the available supply decreases. Rocketize Token (JATO) lacks a developer wallet and a business model, therefore the community is driven to put in a lot of effort to achieve its objectives.
Join the presale and gain more information using the links below:
Presale: https://rocketize.io/buy
Website: http://rocketize.io
Telegram: https://t.me/RocketizeTokenOfficial
