Top Weekly Defi Crypto Update's
Biggest Movers this week in Crypto
Have you been looking for ways to make money with cryptocurrencies? Defi tokens might be just what you are looking for. With an opportunity to invest in different cryptocurrencies with a small investment, you can earn a higher return on that investment, while still being able to diversify your portfolio with blue chip cryptos.
In this article, we will go over five defi tokens that show promising results of just this – not needing to spend as much for potential higher returns. It should be noted that defi tokens are higher risk than other cryptocurrencies and investors should always do their own research prior to investing.
With a vision to see the smaller investors work towards their financial aspirations, Bolix Token is the first of a ten business ecosystem that uses the buy back and burn mechanism to create chart stability and to increase the value of tokens that holders possess. Using a portion of profits from a real world business, Bolix Token has already bought back and burned over 11,000,000,000 tokens.
Apparently, the buybacks and burns are working in favor of Bolix Token. Since October 23, 2022, Bolix Token has seen an increase of 22.398% increase from $0.00003103 to $0.00003798 on October 29, 2022. With so much more to come, this may be one token you should check out!
At first glance with the Mandox chart, one can see the growth they have achieved, even in this bear market. While most other defi tokens seem to be on a downward trend, Mandox went from $0.0000004307 on October 23, 2022 to $0.0000005655 by October 29, 2022, which is a 31.298% increase.
Following the recent news about the Mandox Create NFT Market Place, holders and new investors are starting to see that the utilities are imminent. Mandox Create is set to revolutionize the NFT market place industry with peer-to-peer messaging, gasless transactions, and much more!
Volt Inu Token
Volt Inu Token is an interesting one to look at. With a community of over 50,000 holders, Volt is a hyper-deflationary token that aims to invest in multiple assets such as NFTs, nodes, altcoins, staking, and farming of stable coins. In just eight months, Volt has an impressive resume: listing on 34 CEXs, a treasury that has almost 400 NFTs, development of their P2E game, and selling out their 10,000 Volted Dragons Sailors Club NFTs, with 5,598 NFTs burned.
A look at their charts will show just how well they are doing in this bear market. Going from $0.0000006304 on October 23, 2022 to $0.0000007085 on October 29, 2022, which is a 12.389% increase. With mentions in several sites and magazines such as Bloomberg, Yahoo Finance, Entrepreneur, and Gokhshtein Media, this is one to definitely keep on the radar.
LuckyRoo is an online gambling based defi token. Their vision is about creating opportunities that will compete against the traditional online gambling industry, while giving investors a chance of winning weekly airdrops. What are these airdrops? An investor who holds a minimum of $500 USD worth of LuckyRoo has a chance to be rewarded with the 1% of every buy and sell over the previous seven-day period. 60% for first place, 30% for second place, and 10% for third place. To top this off, LuckyRoo is on both the Ethereum and BNB blockchains, which allows this to happen for both blockchains!
LuckyRoo has had a nice run during this bear market. In its short time on the market, it has had a 40.419% increase from $0.0000002672 on October 23, 2022 to $0.0000003752. If you are a fan of gambling and betting, holding LuckyRoo may be a good bet to look into.
Named after a Japanese manga artist known for his creation of Naruto, Kishimoto has created a cryptocurrency that has a vision that is ever evolving. With four elements powering their future – Virtual Reality 3d NFT Marketplace, Play to Earn Open World Gaming, Virtual Private Network, and Passive Income Modules, Kishimoto has huge plans. Currently, their Genesis Kishi Ninja NFT collection is minting, with 40 lucky holders winning $5,000 after half of the 10,000 NFTs are minted. They will also introduce the RPG game, Ascension, later this year.
With a healthy looking chart, Kishimoto has seen an increase of 28.826% from $0.00003535 on October 23, 2022 to $0.00004554 on October 29, 2022. With listings on four CEX, a bridge from the Ethereum to the Binance chain, and an ecosystem that is growing, adapting, evolving, and inclusive, Kishimoto is one to check out.