Do you have money and don't know exactly which cryptocurrency to invest in? In this video, we will share with you three crypto coins that you should buy right now with $1000. And the last one is the best. Watch this video till the end so you don't miss anything.
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The first crypto we believe can help you become a millionaire if you invest $1000 into it right now is Gala Games. The gaming industry is a multi-billion-dollar industry, and Gala Games aims to take the gaming industry in a different direction. They plan to give players back control of their games and their mission is to make blockchain games that you actually want to play. If you want to participate in the Gala ecosystem, you must download and then install specific software in order to be considered a node in the network. The software can be purchased on the Gala Games platform.
As a node operator, you can then receive GALA cryptos, NFTs, voting rights, and "local currencies. Finally, node operators can create their own NFTs, interfere with the governance of each game and make proposals for improving the Gala Games platform.
Transaction fees for NFTs are paid in GALA crypto to the node operators. Generally speaking, GALA is primarily intended for node operators and not necessarily for players.
The GALA crypto is also a token of governance, in particular, to propose an evolution of the blockchain protocol.
Blockchain is clearly a revolution for the video game industry, especially with NFTs and the metaverse. Gala Games will probably be an integral part of this revolution that is underway.
Although Gala Games is still a bit confidential, the number of players on the platform is steadily increasing. Many games are in development and we don't see what could stop the growth of Gala.
Thus, we believe that Gala Games is a future investment to which you can devote a small part of your crypto portfolio.
But the main reason you should buy Gala now is the fact that it has several unique qualities that set it apart from other blockchain-based play-to-earn platforms. Gala has a built-in store, which makes it easier for players to play and win or buy and sell in-game items on its built-in marketplace.
It is built on the Binance Smart Chain and is a BEP-20 asset. This reduces transaction costs while spending GALA tokens.
Gala's huge community decides which games to list and governs the platform's performance. It has over 1.3 million monthly users. And at the time of this recording, Gala's Token is down over 90%, making buying now potentially a crazy opportunity.
Now, the second crypto we believe can help you become a millionaire if you invest $1000 into it right now is going to be VeChain.
VeChain is a leading blockchain project that was built by a former senior executive at LVMH, the world's largest luxury brand. VeChain's goal is to help companies address their supply chain challenges in a simple decentralized ecosystem. As a result, it solves one of the biggest challenges many companies around the world are facing due to the Covid-19 pandemic and the logistics challenges that have emerged.
Now, the first reason why VeChain is a good investment is that it manages one of the largest industries in the world. Although difficult to estimate, the supply chain market is valued at over $15.8 billion. It is expected to more than double by 2026 as the industry gets more complicated. Think of the supply chain stresses due to the Covid-19 pandemic and the war in Ukraine.
As a result, more companies are likely to adopt the platform to simplify or solve some of their biggest challenges. Fortunately, the number of partnerships continues to grow.
Some of the leading companies using VeChain are DB Schenker, Kuehne & Nagel, Bright Food, Fashion for Good, Haier, and Norway in a Box, among others. As they become more successful, there is a chance that more companies will adopt its use.
The other reason why VeChain is a good investment is that the ecosystem has been embraced by developers creating all types of apps. This has been made possible by the fact that VeChain has smart contract features that allow for the creation of applications. There are now many publicly available applications that have been created using VeChain technology.
For example, VeChain was used to create Buy me a Coffee, a simple platform that allows organizations and users to support each other via EFP. It was also used to build Vexchange, a decentralized exchange. It has also been used to build projects in the NFT industry such as OceanEX, NFT Paper Project, VeGhost NFT, and VeHashes, among others. While most of these projects are small, they are likely to bounce back in the long run.
Another main reason why VeChain is a good investment is that it is very popular among investors and traders. Moreover, VeChain is a bit cheap. It is currently trading at the lowest level since February 28.
Right now, $1,000 will get you almost 40,000 VeChain tokens.
And the last crypto on our list is HEX.
That coin increased almost 10,000-fold from its all-time low to its all-time high. And founder Richard Heart is a billionaire who will soon be in a Netflix documentary. Now, hex is the first blockchain certificate of deposit. It also has a massive community of over half a million holders.
While some projects are hard to explain, that's not the case with HEX! Where Bitcoin is akin to digital gold, the HEX crypto aspires to be the future digital "time deposit". In the traditional banking system, a time deposit is a sum of money "put on deposit" and locked up for a certain period. The user cannot withdraw his funds from the time deposit before the time limit (unlike the "demand deposit" where the funds remain available). In return for locking in the funds, the user receives an interest rate.
With HEX crypto, it's exactly the same principle. Investors who buy HEX coins are rewarded for holding their assets. Since HEX is an ERC-20 token, investors must exchange their ETH to acquire HEX.
Hex staking offers a high interest encoded in its tokenomics. While banks offer an average return of 2% on CDs, Hex platform CDs average 38% per year on a peer-to-peer platform without trust. This means that if you put this crypto-currency coin into play, you can earn up to 38% per year.
In our opinion, buying Hex crypto is a good investment idea. Hex is going to become a major player in the decentralized economy activities. HEX is starting to gain more and more popularity. And this can be seen in the fluctuations of its price since the second half of the year 2021.
The fluctuations involve movements in the market but also despite its high market capitalization. This should allow it to occupy the top 15 best crypto-currencies in the world, HEX is excluded from the top 200. The correction of this ranking will probably increase its attractiveness. Thus, the sooner you put HEX in your portfolio, the higher your potential profit levels will be.
Currently, Hex is down over 90%, which makes investing in this crypto, a great opportunity to get rich in the next bull run.
Now, do you think these cryptos can make you rich? As usual, share your thoughts with us in the comments section below.
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