Many tokens have been affected by the FTX and Sam Bankman-fried bankruptcy saga. SERUM (SRM) is one of the affected projects- a decentralized exchange built on Solana where traders can buy and sell cryptocurrencies. Since Solana invested a bulk of its income in FTX, it has experienced a downturn against the backdrop of the FTX challenge. The same goes for SERUM, which has about $28 million in FTX shares. Thus, it’s not surprising $SRM has dipped rapidly and is currently trading at $0.249- which is 98.2% below its all-time high.
SERUM was created by Sam, so it’s obvious that the token might as well be on the verge of downfall. Asides its connection to Sam, a $600 million hack on FTX even reduced the SRM prices, thereby increasing holders’ fears. Meanwhile, instead of waiting for SERUM, there are some potential projects that will multiply your investments. They include D2T, TARO, IMPT, and RIA.
Keep reading to understand the utilities of these projects and how they can increase your investment when you buy now.
Dash 2 Trade (D2T)
Dash 2 Trade aids traders in making educated decisions and is a top-tier trading and analytics platform. A unique algorithm used in the development of Dash 2 Trade looks for mentions of tokens on social media platforms like Reddit and Twitter. Additionally, it offers a custom selection process that enables you to pick from a variety of presale projects. Additionally, the software provides buy/sell indications at the touch of a button.
The Dash 2 Trade platform is designed entirely with traders’ financial success in mind. However, you must have enough D2T to utilize all Dash 2 Trade’s capabilities. This trading platform’s native cryptocurrency, D2T, is presently in its third presale. Pre-sales have exceeded the team’s expectations and there are more than 70,000 registered traders. Leverage this D2T Presale opportunity now!
IMPT
Blockchain has negatively affected green projects and climate change. Ethereum uses a lot of gas to conduct transactions, just as Bitcoin consumes a lot of energy to mine. However, there are also distinctive initiatives within the blockchain sector that seeks to combat climate change.
IMPT is such an initiative. With the help of the green token IMPT, you can purchase, trade, and retire carbon credits without having to worry about fraud or double counting.
The portal also links socially conscious brands with companies and people who wish to do business with them. Invest in IMPT if you’re a cryptocurrency investor hoping to get a profit while also helping the environment. Pre-sales for IMPT have raised more than $13 million in a few weeks. This cryptocurrency is currently inexpensive and is expected to spike once it trades on centralized exchanges.
RobotEra (TARO)
The RobotEra metaverse’s native coin, TARO, is expected to take off in 2023. The RobotEra project is unique and the first of its kind in the web3 market. You can develop theme parks, create robot companions, buy land, acquire real estate, and create your own robot with this metaverse project. You may also develop NFT communities and interact with other platform users using it.
One of the most creative efforts in the metaverse, RobotEra simply means robot’s period. The only native token used to power it is called TARO which is currently on its maiden presale.
The price of the token will increase after the initial presale is completed. The presale amount for the token has already surpassed thousands of dollars, which shows the level of investor confidence in the token.
Calvaria (RIA)
Calvaria is the first web3 game that intends to hasten the adoption of cryptocurrency. There are two variations of this game. The first edition, which is accessible on well-known platforms, is designed for web2 gamers. The blockchain and P2E functionalities are present in the second iteration of the game. The idea is to introduce people to cryptocurrency gradually. RIA is one of the greatest penny tokens to buy and is the token that powers this platform. Pre-sales are presently on and it’s fast selling out. Hurry and invest in this currency immediately if you haven’t already.
Conclusion
There’s no doubt that the FTX saga has affected SERUM, thus its comeback is highly unlikely.
Thus, as a crypto trader and investor, it’s crucial to move on from such tokens and find greener pastures. Experts have promoted tokens like D2T, TARO, IMPT and RIA, so it’ll be your fault if you fade this Alpha.
Fortunately, most of these tokens are currently on their presale so you can invest now and gain a lot of profits when they launch.