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6 Cryptos cheaper than a Coca Cola that can give you generational wealth

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6 Cryptos cheaper than a Coca Cola that can give you generational wealth

Are you a beginner investor in the cryptocurrency space? Feeling overwhelmed with all the different coins to choose from and wondering which ones are worth investing in? Don’t worry; we’ve got you covered. In this blog post for crypto beginners, we’ll introduce you to 6 cryptos cheaper than a Coca Cola that can give you generational wealth. From DigiToads, InQubeta, Stellar, Polygon, and Stacks, these cheap cryptos may be the best cryptocurrency choices for generational wealth. So grab a cold drink (maybe skip the Coke), sit back, and dive into the fundamentals behind these promising cryptocurrencies. 

How to Find the Best Crypto for Beginners?

The first step to understanding the best crypto for a beginner’s portfolio is to focus a lot of your time on research. This research can be performed through blogs, Reddit, Twitter, and Telegram groups. Focus on cryptocurrencies that have established a strong market presence. 

Equip yourself with an understanding of the fundamentals of the cryptocurrency you are considering. This includes knowing its use case, the technology behind it, and the team responsible for the project.

6 Cryptos cheaper than a Coca Cola that can give you generational wealth

Getting started with cryptocurrencies can be easy and inexpensive. This guide explores six low-cost cryptos – DigiToads, InQubeta, Stellar, Polygon, and Stacks – each costing less than a Coca Cola can. Despite their low price points, these cryptos have promising potential to yield generational wealth. Join us as we unpack the unique features of each, providing an accessible pathway into the rewarding journey of financial freedom.

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DigiToads (TOADS) – Best Cryptocurrency Project for Huge Growth

The DigiToads project has exploded onto the NFT scene in 2023, bringing play-to-earn gaming and an engaging metaverse dubbed “The Swamp” to its native TOADS token.

DigiToads stands out because of its innovative approach to engaging users and offering them a fun and immersive experience while earning them money. DigiToads is a gripping Web3 game where players can collect, nurture, and battle virtual toads. Players can earn TOADS tokens to procure in-game items and strengthen their virtual toads before battles in the swamp arena.

Furthermore, DigiToads plans to launch a collection of 3,500 exclusive NFTs during its presale ICO, which allows early supporters to secure these exclusive NFTs. In addition to being digital collectibles, these NFTs can be staked within the ecosystem for rewards, thus providing a passive income source. Participating in the presale and getting a 5x return on investment is one of the best reasons to participate.

A generous allocation of 10% of funds raised during the presale is distributed through airdrops among TOADS holders as a reflection of DigiToads’ commitment to the community. DigiToads demonstrates a substantial commitment to its community by continuously pooling a percentage of all TOADS transactions into a staking pool.

Moreover, DigiToads pledges 2.5% of its profits to forest restoration and preservation charities. This combination of gaming, collectibles, community rewards, and social responsibility distinguishes DigiToads as the coolest NFTs of 2023.

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DigiToads

InQubeta (QUBE) – Best Altcoin Crypto to Buy Now

Binding its reputation as a top-tier altcoin, InQubeta (QUBE) offers a transformative perspective on investment opportunities in the AI startup ecosystem. Unveiled in 2023, InQubeta’s Web3 crowdfunding platform is a refreshing shift from traditional financing, enabling AI startups to fractionalize their equity into Non-Fungible Tokens (NFTs). Investors can leverage the QUBE token, InQubeta’s native ERC20 token, to procure these NFTs, thereby gaining fractional ownership of promising AI startups.

Due to its dual functionality, QUBE facilitates transactions and is crucial in governing the projects’ trajectory, allowing token holders to influence decisions. Emphasizing its distinction, QUBE operates with a deflationary model. This mechanism ensures a constant burn of a predetermined fraction of QUBE tokens with every transaction, creating an environment of scarcity that could escalate the token’s market value over time. Moreover, investors who stake their QUBE tokens benefit from a dedicated staking rewards pool, replenished by 5% of each transaction, offering a steady stream of passive income.

Complementing its innovation, InQubeta’s commitment to security remains unambiguous. A successful security audit by Hacken and KYC verification by Block audit vouches for its robustness. InQubeta follows a 12-week token vesting strategy, ensuring market stability and sustainable investment growth.

AI and blockchain technology combine to create a new way of investing that is faster and more transparent. This could change how people invest money in the past. With each QUBE token transaction, 2% of the total sales and 1% of all purchases are permanently burned, intensifying its scarcity. Furthermore, QUBE token holders who stake their tokens can amass passive income from a staking rewards pool filled with transaction taxes.

As the ICO presale begins, early investors will get a big boost. The QUBE price is expected to go up by four times. Therefore, InQubeta stands out as a compelling option for anyone looking to invest in the best cryptocurrency to invest in now, enabling exposure to promising AI projects and potential profits from QUBE’s deflationary and staking model.

InQubeta

Stellar (XLM) – Top Cheap Crypto to Buy For Generational Wealth

Stellar (XLM) is a blockchain-based platform that aims to facilitate cross-border transactions with low fees and fast transaction times. Ripple was founded in 2014 by Jed McCaleb, one of the co-founders of Ripple.

One of the key advantages of Stellar is its scalability. The network is capable of handling a significant volume of transactions per second, rendering it ideally suited for high-volume applications such as remittances or micropayments.

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Another advantage is its focus on financial inclusion. Stellar has partnerships with various organizations and NGOs that aim to bring banking services to unbanked populations worldwide.

From an investment standpoint, XLM offers a relatively cheap entry point compared to other top cryptocurrencies like Bitcoin or Ethereum. Its current market cap sits at just over $10 billion, which makes it a potential sleeper pick for long-term growth.

If you’re looking for a cryptocurrency with strong fundamentals and long-term potential, Stellar (XLM) could be worth considering as part of your portfolio diversification strategy.

Polygon (MATIC) – Best Crypto to Invest In Long term

Polygon is one of the best cryptocurrencies to invest in for the long term. It’s a layer 2 scaling solution that operates on top of Ethereum, allowing for faster and cheaper transactions. As many experts believe, Ethereum has the potential to become the backbone of decentralized finance (DeFi), and with its rapid growth, Polygon is poised to benefit greatly.

The low transaction costs associated with MATIC are a significant advantage when compared to other cryptocurrencies like Bitcoin or Ethereum. This makes it an attractive option for traders looking for lower fees and faster transactions.

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Moreover, Polygon has partnered with several major companies, such as Google Cloud and Infosys. These strategic partnerships are expected to help fuel adoption and drive up demand for MATIC within various industries.

If you’re looking for a cryptocurrency with strong fundamentals that could provide substantial returns over time, consider adding Polygon (MATIC) to your portfolio.

InQubeta

Render (RNDR) – Best VR AR Altcoin To Buy Now

Render (RNDR) is a promising cryptocurrency project with applications in the increasingly popular Virtual Reality (VR) and Augmented Reality (AR) spaces. Recognizing the high demand for quality 3D graphics in everything from gaming to industrial applications, RNDR is innovating how artists and GPU providers collaborate, decentralizing access to computational resources through blockchain technology.

RNDR is a platform that connects users, and its native token, RNDR, facilitates transactions within the network. With VR and AR becoming more mainstream, RNDR’s value proposition is becoming more significant. Artists use RNDR tokens to access GPU power for rendering, while providers earn tokens for their resources.

The adoption of VR and AR technologies is growing rapidly, and RNDR is positioned perfectly to capitalize on this trend. Given its unique use case, strategic partnerships, and robust platform, RNDR could be an excellent altcoin investment opportunity.

Stacks (STX) – Best Altcoin To Invest In

Stacks (STX) is one of the best altcoins to invest in right now due to its innovative approach towards smart contracts on Bitcoin. In addition to making smart contracts and decentralized apps, Stacks is a layer 2 solution for Bitcoin that lets people make passive income from their Bitcoin. This functionality can increase the utility of idle Bitcoin, providing a compelling proposition for investors looking for altcoins with a strong link to Bitcoin.

Stacks offers a solution to Bitcoin’s scalability problem and continues to attract a high level of investor interest. The upcoming Nakamoto upgrade, aimed at improving transaction speed and overall network performance, positions it as an attractive altcoin for the future. However, as with any investment, due diligence is critical, especially considering the recent network issues.

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Furthermore, the launch of sBTC, a synthetic Bitcoin asset to be introduced in 2023, could catalyze increased utilization of the Stacks platform and drive value for STX holders. Despite the challenges and risks associated with scaling solutions and new consensus mechanisms, Stacks’ Bitcoin-centric approach and commitment to continual improvement mark it as a compelling option for those seeking to diversify their crypto portfolio.

6 Cryptos Cheaper than a Coca Cola that can give you generational wealth – Conclusion

In conclusion, cryptocurrencies offer immense potential for wealth creation, even with a modest initial investment. Cryptocurrencies like DigiToads, InQubeta, Stellar, Polygon, Render, and Stacks present strong foundations, innovative features, and promising growth potential. Whether you are a seasoned investor or a beginner in crypto, the volatility in the cryptocurrency space offers crypto beginners many opportunities to find low-price coins that can experience huge growth. Armed with knowledge, patience, and vigilance, even the smallest investments, like those less costly than Coca Cola, can yield generational wealth. 

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Crypto

Sam Bankman-Fried calls Sean 'Diddy' Combs 'kind' in jailhouse interview with Tucker Carlson

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Sam Bankman-Fried calls Sean 'Diddy' Combs 'kind' in jailhouse interview with Tucker Carlson

Just before his cryptocurrency empire crumbled in November 2021, Sam Bankman-Fried considered going on Tucker Carlson’s show to “come out as a republican” to rehabilitate his image. On Thursday, almost a year since the former FTX founder was sentenced to 25 years in prison for defrauding users of his cryptocurrency exchange, he finally fulfilled his plan. 

From “a little side room” of Brooklyn’s Metropolitan Detention Center, Bankman-Fried spent his 33rd birthday dishing to Carlson in a wide-ranging interview, which included new details about life in prison with his cell block mate, Sean “Diddy” Combs. As NBC previously reported, Bankman-Fried and Combs, who has been charged with sex trafficking, are being housed in the same unit. 

“I’ve only seen one piece of him, which is Diddy in prison, and he’s been kind to people in the unit; he’s been kind to me,” Bankman-Fried told the former Fox News host on “The Tucker Carlson Show.” “It’s also — it’s a position no one wants to be in.”

Bankman-Fried, 33, was convicted in November 2023 of seven counts of wire fraud, securities fraud and money laundering for swindling customers of FTX and lenders of Alameda Research, its associated hedge fund. Prosecutors said Bankman-Fried “perpetrated one of the biggest financial frauds in American history.”

A chief public information officer for the US Attorney’s Office for the Southern District of New York declined to comment.

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Life behind bars

Bankman-Fried told Carlson that he has “made some friends” at the Brooklyn center, where sources told NBC he is in a unit for detainees that need extra protection. 

“It’s sort of dystopian,” Bankman-Fried said. “You know, the fortunate thing, the place I’m in, I’m not in … I’m not in physical danger.”

He said the unit has defendants of high profile cases and “a lot of ex-gangsters — or alleged ex-gangsters.” When asked how cellblock mates feel about being housed with him and Combs, Bankman-Fried theorized that some of them think “this is a big opportunity to meet people they wouldn’t otherwise get to meet.”

“They’re good at chess. That’s one thing I learned,” Bankman-Fried added. “Former armed robbers who don’t speak English and probably didn’t graduate middle school, a surprising number of them are fairly good at chess. I’m not saying they’re grand masters, but I lose games to them all the time. I was not expecting that.”

In addition to playing chess and working on his appeal, Bankman-Fried told Carlson he has started to read novels again. Carlson noted that Bankman-Fried seemed “less jumpy” and “healthier” after two years in prison. The former Fox host then said it seemed like Bankman-Fried was “flying high on Adderall” in his previous TV appearances. 

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Bankman-Fried denied ever being on the drug. “But I was pretty out of it. My mind was racing because there were, you know, a billion things to keep track of,” he added.

His changing political stance

Bankman-Fried described how his politics have evolved over the last five years from being a major Biden donor to having a better relationship with Republicans than Democrats by the time he went to trial. 

“One fact that might be relevant. In 2020, I was center-left and I gave to Biden’s campaign,” he said. “I was optimistic he’d be a sort of solid center-left President. I spent the next few years in D.C. a lot. I made dozens of trips there, and was really, really shocked by what I saw — not in a good direction — from the administration.”

“By late 2022, I was giving to Republicans privately as much as Democrats. And that started becoming known right around FTX’s collapse, so that probably played a role,” he added, noting that he believed in ideas from both sides of the aisle.  

In his trial, prosecutors showed a document where he considered ways to rehabilitate his public image after FTX collapsed, including going on Carlson’s show to “come out against the woke agenda.” Carlson asked him if he called in political favors during his trial, which Bankman-Fried denied because he didn’t want to do “something inappropriate.” 

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His optimistic view on the future of crypto

Bankman-Fried said “hopefully” things are moving in the right direction for cryptocurrency under Trump, noting that there are already a lot of “good things” happening.

“So I think the big question is, you know, when rubber meets the road, like, will the administration do what needs to be done and figure out how to do it?” he said. “Right now, crypto is not at the point where it could become an everyday tool.”

Carlson also asked Bankman-Fried if he believes “there is a lot of shady behavior in the crypto business.” Bankman-Fried said that a decade ago, he may have agreed, but the business is now “a lot smaller” and more regulated. 

Bankman-Fried’s financial status

Carlson asked the former billionaire if he has “any money” left — and Bankman-Fried admitted “basically no.” In addition to his prison sentence, Bankman-Fried was ordered to pay $11 billion in forfeiture. 

“The company that I used to own … had nothing intervened, today it would have about $15 billion of liabilities and about $93 billion of assets. So the answer should be, in theory, yes there was enough money to pay everyone back in kind,” he said. “But, that’s not how things worked out. Instead, it all got roiled up in a bankruptcy.” 

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“It’s been a colossal disaster,” he said. “Not stopping that from happening is by far the biggest regret of my life.”

His birthday plans in prison

Bankman-Fried, who spoke with Carlson on Wednesday, said he has no plans. He explained that he was never “big on birthdays on the outside” and was not looking forward to “celebrating another year in prison” for his 33rd birthday on Thursday. 

“So you’re not going to tell Diddy it’s your birthday tomorrow? I don’t believe you,” Carlson asked. 

Bankman-Fried responded that while he was not planning to tell Combs about his birthday, “someone else might tell him.”

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Emirates NBD enters cryptocurrency space

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Emirates NBD enters cryptocurrency space

Emirates NBD’s digital banking unit Liv has added cryptocurency trading to its mobile banking app.

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

The new offering has been introduced in partnership with Aquanow, a global virtual asset service provider licensed by Dubai’s Virtual Assets Regulatory Authority.

London-based digital asset custodian Zodia will provide custody services for the new venture. Emirates NBD made a strategic investment in Zodia Custody in December.

Upon go live, customers will be able to buy, sell and trade cryptocurrencies within the Liv X app, whilst also managing their day-to-day finances.

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The UAE is swiftly evolving to become a progressive crypto hub following landmark crypto-friendly policies and the highest cryptocurrency adoption rates in the world. About 30% of the population owns cryptocurrency and the crypto market is expected to increase by 8% year-on-year over the next four years.

Between July 2023 and June 2024, a Chainalysis report estimates the UAE received over $30 billion in crypto, ranking the country among the top 40 globally in this regard and making it Mena’s third-largest crypto economy.

Marwan Hadi, group head of retail banking and wealth management at Emirates NBD, says: “We are excited to introduce our new cryptocurrency offering on Liv X, in partnership with Aquanow, giving customers the opportunity to buy, sell and trade cryptocurrencies conveniently and securely. Offering cryptocurrency on Liv X is the next step towards the overall vision of Liv being a pioneer in innovation and excellence. With the highest crypto adoption rate in the UAE, we are keen to launch our own virtual asset offering to capitalise on this trend.”

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Bitwise files to list a spot Aptos ETF — the 36th largest cryptocurrency

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Bitwise files to list a spot Aptos ETF — the 36th largest cryptocurrency

Crypto asset manager Bitwise has filed to list a spot Aptos exchange-traded fund in the US — a token created by a team led by two former Facebook (now Meta) employees in 2022.

Bitwise filed an S-1 registration statement to list the Bitwise Aptos (APT) ETF on March 5, eight days after Bitwise indicated it would make such a filing when it registered a trust linked to the Aptos ETF in Delaware on Feb. 28.

The Aptos filing adds to the list of altcoins currently in the line to win the securities regulator’s approval.

Bitwise opted not to include a staking feature for the proof-of-stake powered Aptos blockchain and listed Coinbase Custody as the proposed custodian of the spot Aptos ETF. It has yet to specify which stock exchange it would be listed on.

A proposed fee or ticker wasn’t included either. Bitwise will also need to file a 19b-4 form for its Aptos ETF application and for the SEC to acknowledge it before the 240-day clock begins for the SEC to make a decision.

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Source: Aptos

The Aptos filing marks Bitwise’s latest effort to expand from the spot Bitcoin (BTC) and Ether (ETH) ETFs it currently has on offer. It has also recently filed to list a spot Solana (SOL), XRP (XRP) and Dogecoin (DOGE) ETFs in recent months.

While Bitwise’s other US spot ETF filings have been aimed at the top tokens by market capitalization, Aptos appears to be an outlier, ranking 36th by market capitalization of $3.8 billion, according to CoinGecko.

Aptos was developed by Aptos Labs, a company founded by two former Facebook employees, Mo Shaikh and Avery Ching, in 2021. 

It emerged as a potential “Solana killer” when it launched in October 2022 as a high-speed, low-cost layer-1 blockchain. However, its market cap is currently only one-nineteenth the size of Solana’s, CoinGecko data shows.

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APT is up 14.4% over the last 24 hours to $6.25, CoinGecko data shows.

Related: NYSE Arca proposes rule change to list Bitwise Dogecoin ETF

Aptos boasts the 11th largest total value locked among blockchains at $1.03 billion, according to DefiLlama data. Over $830 million of that consists of stablecoins.

Real-world assets such as Franklin OnChain US Government Money Fund (FOBXX) have also been tokenized on the Aptos blockchain.

Bitwise isn’t a stranger to Aptos, having launched an Aptos Staking ETP on Switzerland’s SIX Swiss Exchange in November that offers a 4.7% return on staking yield.

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