SharpLink Gaming $1B Ethereum Treasury Plan: Best Cryptos to Buy Now & Top Investment Strategies

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Ethereum

Cryptocurrency is gaining significant traction, yet many may still be unclear about its essence. Essentially, it represents a form of digital currency that operates online, circumventing traditional banking regulations. With the influx of numerous new projects, determining which cryptocurrencies will yield long-term benefits can be challenging. So, which cryptocurrencies should investors consider for future growth?

Even companies that have traditionally been outside the crypto space are beginning to embrace it. For instance, SharpLink Gaming, a sports betting firm based in the U.S., has revealed plans to raise up to $1 billion by issuing common stock, with a significant portion earmarked for acquiring Ether (ETH) as part of its treasury. An SEC filing indicates that the company has made a substantial shift in its financial management strategy regarding cryptocurrencies. Observers within the crypto community have noted that SharpLink’s approach bears similarities to that of Michael Saylor, renowned for his company’s significant Bitcoin investments. Following this announcement, SharpLink’s stock witnessed a substantial surge.

Promising Cryptocurrencies to Consider

Let’s delve into some noteworthy cryptocurrencies that are currently attracting attention:

  • AurealOne (DLUME)
  • DexBoss (DEBO)
  • Ethereum (ETH)
  • Convex Finance (CVX)
  • Notcoin (NOT)

AurealOne (DLUME)

AurealOne is a pre-sale cryptocurrency designed as a premier blockchain platform tailored for gamers and users of the metaverse. Its high transaction speed and low costs make it an attractive option for developers and gamers alike. The DLUME token facilitates in-game purchases and network operations. Investors have the opportunity to participate in a 21-stage presale where the price of DLUME will rise from $0.0005 to $0.0045. Currently priced at $0.0013, early investors can secure their tokens before the project becomes more widely available, potentially increasing their investment value as the project aims to raise $50 million.

The technology behind AurealOne is robust, employing ZK Rollups to ensure efficient and cost-effective transactions, addressing key challenges in blockchain gaming. Exciting developments are underway, including the alpha release of Clash of Tiles and a new initiative from DarkLume, positioning AurealOne as one of the top cryptocurrencies to watch for potential explosive growth.

DexBoss (DEBO)

DexBoss is simplifying decentralized finance (DeFi) for a wide range of investors, making it more accessible and bridging the gap between DeFi and traditional finance. The $DEBO token supports staking, margin trading, and liquidity farming. The project employs buyback-and-burn mechanisms to help enhance the token’s value. With a 17-stage presale starting at $0.01 and projected to reach $0.0505 upon exchange listing, early investors are currently seeing a price of $0.011, making it an enticing opportunity.

DexBoss provides advanced trading tools to help users manage orders, liquidity, and market volatility effectively, allowing for quick trades and the ability to seize market opportunities as they arise.

Ethereum (ETH)

Ethereum serves as a platform for developers to create and deploy smart contracts and decentralized applications (dApps). Its transition to a Proof of Stake (PoS) consensus mechanism has led to energy savings and enhanced network security. With the implementation of sharding, Ethereum can now handle multiple transactions simultaneously, supporting a wide array of decentralized finance applications, non-fungible tokens, and Web3 services. Recently, SharpLink Gaming announced its intention to raise $1 billion primarily for the purchase of Ether (ETH), reflecting growing institutional interest in this leading cryptocurrency.

Convex Finance (CVX)

Built on Curve Finance, Convex Finance is designed to reward CRV holders and Curve liquidity providers with enhanced returns. Users can earn CVX tokens and a share of the platform’s fees by staking CRV or Curve LP tokens. Holding CVX not only grants users rewards but also voting rights on key decisions affecting the project. With Convex, long-term holding of CRV tokens is no longer a prerequisite for earning significant returns.

Notcoin (NOT)

Notcoin (NOT) can be earned by engaging with a game on Telegram, built on the TONNE blockchain. Features like Rocket Mode and auto-tapping simplify the process of earning coins. The game incorporates quests, teams, and leaderboards to encourage active participation. Users of Notcoin can also gain rewards by interacting with various Web3 projects. Transactions facilitated by TONNE blockchain technology are swift, secure, and user-friendly across other TONNE applications.

In Conclusion

Innovations such as AurealOne are enhancing both blockchain gaming and the metaverse by providing immersive experiences at low costs and supporting diverse networks, attracting global interest. DexBoss is streamlining the management of decentralized finance with user-friendly tools. New cryptocurrencies like Convex Finance on Curve Finance and Notcoin on the TONNE blockchain are advancing the crypto landscape. Additionally, the increasing institutional interest in Ethereum, exemplified by SharpLink Gaming’s strategy to accumulate Ether, underscores the growing legitimacy of cryptocurrency. It’s vital for investors to remain informed, stay abreast of market developments, and manage their investment risks wisely.