Best 3 cryptos for inflation-beating returns in July 2022: Immunicorn Finance (IMU), Stellar (XLM), and Filecoin (FIL)
Cryptocurrencies have emerged as a favorite asset class for beating inflation and providing huge returns in the long term. Many tokens have seen massive price spikes in the past and have provided an opportunity for retail players to participate in this game-changing technology. After a careful analysis of the cryptocurrency markets, we have shortlisted three tokens that could potentially provide huge returns in the medium to long term. The three coins are Immunicorn Finance (IMU), Stellar (XLM), and Filecoin (FIL). This article will provide a brief overview of the major utilities behind these three tokens.
Immunicorn Finance will introduce DeFi at low costs for retail participants
Immunicorn Finance is a recently launched platform that aims to simplify lending and borrowing operations, It will help retail participants in gaining easy access through the platform’s reserve currency, IMU, and gain passive income from multiple sources.
Unlike other cryptocurrencies, the IMU Token will be backed by a reserve ensuring that its value will not be allowed to fall below a specified limit. If you are looking for a safer asset to purchase for the long term, you can consider the Immunicorn Finance Token. It will be available on presale for purchase and could potentially provide huge returns in the future due to its unique reserve mechanism.
Holders of the IMU Token will be able to benefit and gain passive income from staking and minting. Users will lock in tokens for a specified period and receive interest in the form of IMU Tokens. In the future, support for derivatives will also be provided to ensure more sources of income for the holders of the IMU Token. The primary purpose of the Immunicorn Finance ecosystem is to remove the barriers in traditional DeFi and it will make lending and borrowing easy through liquidity pools that are managed by the community.
The entire community will be governed as a decentralized autonomous organization (DAO) and holders of the IMU Token will get a say in deciding the future of the platform.
The IMU Token has been deployed on the BNB chain to ensure high speed and low transaction costs. The total supply of IMU is fixed at 50,000,000,000 and 20% has been earmarked for the presale phase.
Stellar partners with Nium to enable payouts in 190 countries
Stellar is known for its quick settlement times and can process transactions at very low costs. The network utilizes a cryptocurrency known as XLM. It has become a popular token for cross-border transactions. Stellar has partnered with Nium, a global payment processor with a footprint in 190 countries. The new partnership will help millions of people access the superior technology of Stellar and process payments at the click of a button. The XLM Token could register a potential price spike in the long term as it gets adopted by companies looking for easy and quick payment methods.
Filecoin is now supported by the Brave browser
The Filecoin ecosystem provides easy storage in a decentralized manner at very low costs. The network is powered by the FIL Token. In a recent announcement, it was disclosed that the FIL Token is now supported by the Brave browser and its users will be able to create wallet accounts and send/receive FIL directly from the Brave browser. The Brave browser is a decentralized and privacy focussed blockchain-based explorer with more than 50 million monthly active users. The FIL Token can also be added along with IMU and XLM for potentially huge returns in the long-term future.
Always do your own research (DYOR) before investing in cryptocurrencies since they exhibit a lot of volatility in the short term. Follow the news carefully and use the dollar-cost averaging method for generating a high-growth portfolio at better prices.
Immunicorn Finance (IMU)