Get out of Bitcoin, here are 3 cryptocurrencies that are at the top of the hype

In just a few months, the underlying cryptocurrencies have (re) gained interest in the community. ApeCoin is sailing on the success of the Bored Apes Yacht Club, STEPN on the new trend of Move-to-Earn and Tron is making a strong comeback with its founder’s project.

Are you looking to buy cryptocurrencies but you don’t know where to start or which digital resources to turn to? This is perfectly normal as there are several cryptocurrencies.

To help you in your approach, we offer a presentation of the cryptocurrencies that have performed well in the past few weeks. Please note, however, that past performance is not indicative of future performance. It is important to take the time to analyze each project to form your own opinion on it.

That said, you will notice that it is possible to find ApeCoin and Tron crypto on the eToro platform. This is what we recommend using for its simplicity and the many features offered (social trading and copy trading, tools for advanced trading, simplified portfolio management).

eToro also has the advantage, unlike many other brokers, of being regulated by the relevant authorities in Europe. This will provide you with better protection as an investor.

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On eToro, 68% of retail investor accounts lose money when trading CFDs. You need to know if you understand how CFDs work and if you can afford to lose your money. On eToro, cryptocurrency trading is done in CFDs.

And if you want to buy the crypto associated with the STEPN project, Binance is a great choice. You will have access to low rates and a large number of features. Its service can be used through its website and mobile application (iOS and Android compatible).

ApeCoin (APE)

Does Bored Ape Yacht Club or Mutant Ape Yacht Club speak to you? These two projects are among the most popular in the NFT world.

The studio behind these NFTs, Yuga Labs, has since created their own cryptocurrency: ApeCoin (ticker: APE).

And the least we can say is that this resource has really exploded in the past few weeks. To the point of entering the ranking of the 30 cryptocurrencies with the largest market capitalizations (source: CoinMarketCap as of May 2, 2022).

The future therefore looks bright for this project which has opened land for sale in its future metaverse (more than 100 million dollars were raised in the first 45 minutes of the sale). And the Yuga Labs studio doesn’t seem short of ideas to push your baby to new heights.

The next step? Perhaps the creation of one’s own blockchain if we refer to the latest publications published on the project’s official Twitter.

The latest sales of NFT Bored Apes Yacht Club @ Opensea

Tron (TRX)

The TRX cryptocurrency has done a lot more than hold out over the past week. It is one of the best performing assets.

How to explain such a success? In this specific case, it is easy to attribute it to the announcement made by Tron creator Justin Sun. The latter has actually announced the creation of an algorithmic and decentralized stablecoin, the USDD.

Even better, the Tron organization has hinted that it will offer a savings product to generate 30% interest on your USDD (the US dollar-backed Tron stablecoin). This is likely to attract a lot of people once the set is available, that’s for sure. It goes without saying that regulators will be very vigilant about the wording that will be used by the company publishing the project.

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On eToro, 68% of retail investor accounts lose money when trading CFDs. You need to know if you understand how CFDs work and if you can afford to lose your money. On eToro, cryptocurrency trading is done in CFDs.

PITCH (GMT)

The STEPN project does not stop being talked about in the world of cryptocurrencies. And the phenomenon doesn’t seem to be running out of steam, far from it! If you are a regular walker (or runner), you have a unique opportunity to earn easy money.

By acquiring an NFT through the STEPN application, you will earn rewards for every ride (whether you walk or run) in the form of GST and GMT tokens. Its application can be compared to a Runtastic or a Strava, with the only difference that here you will be rewarded for your effort.

The concept is called Move-to-Earn, you mean “move to win”.

Buy STEPN on Binance

Disclaimer: This article is not investment advice. Its sole purpose is to show you the performance of cryptocurrencies on the rise, as well as potential future catalysts. In this regard, we remind you that past performance does not allow us to predict future performance.

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