Cryptocurrency investment can be a lucrative passive income generator if done correctly. Despite the industry’s recent decline, several crypto projects are giving investors an impressive return on investment, positioning themselves as investment-worthy options.

Over a week, Filecoin (FIL) appreciated by over 20%, while Neo (NEO) increased by over 34%. Within the same timeframe, Collateral Network (COLT) continues to thrive with its token price standing at only $0.01. Let’s take a deeper look at these high-performing tokens.

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Filecoin (FIL) Appreciated By 20.59% Amidst A Bearish Market

Filecoin (FIL) is a decentralized storage system designed exclusively for storing the most essential information about humanity. The Filecoin (FIL) team described the project “as an incentive layer for the Interplanetary File System, IPFS, and a peer-to-peer storage network.”

The storage system’s users pay for distribution services and data storage in $FIL, the Filecoin (FIL) project’s utility token.

As an open protocol, Filecoin (FIL) is supported by a blockchain network that records all the commitments the network’s participants make. The Filecoin (FIL) blockchain is based on proof-of-spacetime and proof-of-replication.

$FIL is the Filecoin (FIL) project’s multipurpose utility coin that powers all its processes and the entire Filecoin (FIL) network. Clients can pay for transactions conducted on the platform with the $FIL token as well.

The $FIL token is one of the crypto projects seemingly immune to the industry’s legendary depreciation. Instead, over the past week, Filecoin (FIL) has appreciated by a whopping 20.59%.

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Neo (NEO) Impressive Run Continues

Neo (NEO) is another crypto project with an impressive return recently. The “rapidly growing and developing ecosystem” was designed as the foundation for future Internet users. Neo (NEO) is considered a new economy where identities, digitized payments and assets are fused into one.

Continuous development is one of what makes Neo (NEO) unique. Thanks to this feature, Neo (NEO) is not only future-proofed but can also cope with its growing demand.

NEO is one of two Neo (NEO) tokens. It is an investment token that empowers its Neo (NEO) users with governance rights that allow them to participate in issues that concern the blockchain’s improvement.

Neo (NEO) has a maximum supply of 100 million NEO coins and a current circulating supply of over 70 million. To its investors’ delight, Neo (NEO) has appreciated over the past 7 days as it is currently valued at $11.62 per NEO coin.

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Collateral Network (COLT) Appreciation Continues Unabated

Collateral Network (COLT) is a crowdlending platform for users to take short-term loans against their assets without using such assets as collateral. Instead, Collateral Network (COLT) users can take non-fungible tokens (NFTs) backed loans against their physical assets from fractional lenders. Besides the uncollateralized loans, Collateral Network (COLT) users can access distressed assets at reduced prices and purchase them far below market values.

COLT is the Collateral Network (COLT) token. It is used for payment of goods and services on Collateral Network (COLT), thereby drawing attention from crypto enthusiasts on the network.

There are currently over 1.4 billion Collateral Network (COLT) tokens in circulation, as the token attracts interest from the cryptocurrency community with its token price of only $0.01 and the token is estimated to appreciate by 35x in 6 months.

Collateral Network (COLT) has consistently appreciated and isn’t showing any signs of slowing down soon. Together with Neo (NEO) and Filecoin (FIL), investors can diversify their portfolios by including these tokens in them.

Find out more about the Collateral Network presale here:

Website: https://www.collateralnetwork.io/

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk

Toncoin (TON), the layer 1 blockchain originally developed by Telegram, has seen moderate price increases recently, and notably TON is one of a few coins which is currently up over the course of the year, indicating that it is beating the bear market.  Chainlink (LINK) has been rising since January and is making some interesting partnerships. Orbeon Protocol (ORBN) is a new entrant to the market, currently in its 9th stage of presale with a token price of $0.0835, and is delivering incredible returns to holders.

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Chainlink (LINK) continues to make partnerships and bring security to dApps and consumers

Chainlink (LINK) provides an important piece of security to blockchain apps that rely on outside data, such as price feeds, ensuring that data is accurate, by relying on several decentralized sources. This helps Chainlink (LINK) to avoid various rugpulls and hacks such as the infamous Iron Finance which most DeFi degens from 2021 will remember. Chainlink (LINK) also offer proof of reserves, another much needed feature in today’s landscape.

There are now competitors to Chainlink (LINK) including Flare Network, but the Chainlink (LINK) reputation and time in development mean they are still the market leader. Chainlink (LINK) have strong partnerships, with the most recent for Chainlink (LINK) being on the 24th February with layer 2 solution Starknet.

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Toncoin (TON) freezes $2.5b of TON from inactive miner wallets

Toncoin (TON) – The Open Network – was originally founded by the brothers who started Telegram when it was known as Telegram Open Network. Due to issues with the SEC and the way they raised funds, the Telegram team exited the Toncoin (TON) project in 2020, handing Toncoin (TON) to the crypto community as an open source project.

Nevertheless, the connection with Telegram remains, as Toncoin (TON) recently sold Telegram usernames and virtual phone numbers as digital assets which can be used to log in to Telegram anonymously. Whilst some have seen this as a privacy advantage for those living in China, where using Telegram is illegal, others have pointed out that there are many other virtual phone number solutions available. As these numbers and usernames are purchased with Toncoin (TON), this confers an interesting use case for the Toncoin (TON) currency.

In November, the most expensive username – @news sold for 994,000 TON, which at today’s prices would be worth well over $2 million.

On 21st February, the Toncoin (TON) community voted to freeze inactive miner wallets, equalling a fifth of the total supply, causing a small pump for a few days. A hackathon sponsored by Toncoin (TON) is currently underway, rewarding devs in TON for building on the blockchain.

>>BUY ORBEON TOKENS HERE<<

Orbeon Protocol (ORBN) aims to protect investors and provide new opportunities

New crypto coins and projects are launched seemingly every day, and scams are plentiful as anyone who has used Telegram will know. So how can investors be sure that a project is genuine and that the business model is sound? Orbeon Protocol (ORBN) looks to solve that problem with its community based VC model.

The Orbeon Protocol (ORBN) team has a background in traditional finance and plans to use that knowledge to present its community of retail investors with promising opportunities. Companies looking to raise equity or offer rewards via Orbeon Protocol (ORBN) will mint NFTs. Orbeon Protocol (ORBN) will then fractionalise those NFTs and sell them to their community. As long as the project reaches its funding goal, investors can hold, swap or sell their NFTs within the Orbeon Protocol (ORBN) platform. If the project fails to meet its goal then a “Fill or Kill” mechanism within Orbeon Protocol (ORBN) will be triggered and investors will automatically receive a refund, protecting them from underfunded projects.

ORBN, the Orbeon Protocol (ORBN) native token, is currently for sale at 0.0835, and experts predict that it could reach $0.24, which would translate to approximately a 6000% return for early investors and 187% increase from today’s price.

Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

Presale: https://presale.orbeonprotocol.com/register

Join us today as we explore Optimism (OP), Binance USD (BUSD), and the TMS Network (TMSN) – all game-changing players in cryptocurrency investment. Understand what distinguishes them from their competition and the amazing potential they possess. Ready to explore further?

Optimism (OP)

Optimism (OP) is a cryptocurrency that uses Layer 2 technology to improve the scalability and efficiency of the Ethereum network.

Optimism (OP) will undergo a major upgrade in March to lower transaction costs, increase transaction speed, and improve compatibility with the Ethereum Virtual Machine (EVM).

The layer 2 protocol intends to reduce the cost of Ethereum transactions while retaining the Ethereum blockchain’s security, accomplished through an “Optimistic rollup,” a scaling method that bundles several transactions and sends them back to the Ethereum blockchain as a single transaction. The cost of that one transaction is subsequently distributed across several users.

However, Optimism’s (OP) market value has recently dropped, most likely due to the wider cryptocurrency market decline and concerns regarding its dependency on Ethereum’s infrastructure.

Watch Optimism’s (OP) market fluctuations and keep learning about cryptocurrency investing.

Binance USD (BUSD)

Binance USD (BUSD) has become popular among cryptocurrency investors due to its use on the Binance exchange and other platforms.

According to reports, the United States cryptocurrency crackdown has caused investors to withdraw $6 billion from a Binance-branded stablecoin. Furthermore, the new BUSD issuance last month was banned by the New York Department of Financial Services (NYDFS), citing unresolved difficulties with Binance’s partnership with Paxos, which minted the token for the world’s largest crypto exchange.

Investors have since hurried to withdraw their assets, causing the BUSD in circulation to fall by more than a third, according to the Financial Times (FT), citing statistics from blockchain analytics platform Nansen. FT analysts say the withdrawals could harm Binance’s overall financial performance.

BUSD has demonstrated resilience and growth potential despite this drop through collaborations and creative technological advances. For example, Binance has announced plans to establish a platform for non-fungible tokens (NFTs) and a new decentralized exchange (DEX) version with faster trading and lower costs.

TMS Network

TMS Network (TMSN) is an Ethereum blockchain-based decentralized trade network. TMS Network (TMSN) customers can trade various assets such as cryptocurrencies, equities, commodities, and currencies.

The platform employs smart contracts to execute trades automatically, eliminating the need for intermediaries and lowering transaction fees.

TMS Network’s (TMSN) high-speed transaction processing is a crucial feature. The site employs cutting-edge blockchain technology to process transactions swiftly, allowing users to purchase and sell assets instantly. As a result, TMS Network (TMSN) is a huge improvement over traditional trading systems, where transactions can take several days to complete. Furthermore, TMS Network’s (TMSN) smart contracts ensure that all transactions are secure and transparent.

Investing through TMS Network is a wise decision for anyone wishing to enter the world of trading since it provides a secure and transparent platform for trading a range of assets. So, why delay? Join TMS Network today and begin trading on a platform upending the traditional trading sector.

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/tmsnetworkio

The Independent National Electoral Commission (INEC) on Saturday admitted that the February 25 presidential and National Assembly election was flawed in many areas that need immediate and long-term address.

The INEC Chairman Prof Mahmood Yakubu made the statement amid growing backlash over the conduct of the election, which has been described as a sham by many.

Speaking during a meeting with the Resident Electoral commissioners (RECs) held at the INEC headquarters, Abuja, Yakubu said the result of the election raises a number of issues that require immediate, medium and long-term solutions.

“It is imperative to review performance and assess preparations. No doubt, last week’s national elections raised a number of issues that require immediate, medium, and long-term solutions,” he said.

“The planning for the election was painstakingly done. However, its implementation came with challenges, some of them unforeseen. The issues of logistics, election technology, behavior of some election personnel at different levels, attitude of some party agents and supporters added to the extremely challenging environment in which elections are usually held in Nigeria.”

The 2023 election has so far yielded a twist to Nigeria’s political landscape, which has been at the tight grip of the two major political parties in the country – the APC and the Peoples Democratic Party (PDP). The emergence of the Labour Party (LP), a third force party backed mainly by youths known as ‘Obi-dients’ – an acronym coined from the name of the party’s presidential flagbearer Peter Obi, threw in an upset.

Obi joined the LP in May last year from the PDP, and in less than a year, he made it the party to beat with the support of the Obi-dient movement. The former Anambra State governor, who won the youths over by his impeccable record and simple lifestyle, was projected to win the presidential election by many opinion polls.

However, INEC declared Bola Tinubu of the APC the winner of the presidential election, amid allegations of voter intimidation, result manipulation and apparent failure of the Commission to transmit the results electronically from polling units to its Results Viewing Portal (IReV), in line with Nigeria’s electoral law.

Those have triggered heavy backlash and condemnation from both observers and Nigeria’s electorates. The European Union Election Observer Mission (EU EOM) said the situation has mitigated trust and confidence in INEC.

Against this backdrop, Nigerian electorates say they have no confidence in the Commission to conduct free and fair election on March 11, when governorship and state house of assembly election will hold.

But Yakubu said that a lot of lessons had been learnt and of immediate concern to the commission is how the identified challenges can be addressed ahead of the next Saturday’s governorship and state houses of assembly elections in 28 states.

He also said the commission would soon be conducting supplementary elections in 46 Senatorial and Federal Constituencies.

Following the controversial outcome of the February 25 presidential and National Assembly election, which has been widely alleged to be flawed, the Independent National Electoral Commission (INEC) said it will punish every of its officials found culpable of misconduct during the electoral exercise.

INEC Chairman, Mahmood Yakubu, disclosed this on Saturday in Abuja at a meeting with Resident Electoral Commissioners RECs. The electoral umpire has been at the receiving end of backlash from Nigerian voters, groups and election observers, who said the election was blatantly rigged in favor of the ruling All Progressive Congress (APC), whose candidate Bola Tinubu, was declared the winner of the presidential election.

The allegation of election rigging, which emanated mainly from INEC’s failure to electronically transmit results from polling units to its portal in real time, using the Bimodal Voter Accreditation System, BVAS, in line with Nigeria’s electoral law, has cast fresh stench on the integrity of the electoral umpire.

In a move to save what is left of INEC’s image, Mahmood said both ad-hoc or regualr personnel found wanting for election malpractice will not be part the next election. He added that the next election, governorship and state house of assembly, will be conducted in full compliance with the electoral laws, including real-time transmission of results.

“As we approach the Governorship and State Assembly elections, we must work harder to overcome the challenges experienced in the last election. Nothing else will be acceptable to Nigerians

“All staff found to be negligent, whether they are regular or ad hoc officials, including Collation and Returning Officers, must not be involved in forthcoming elections. RECs must also immediately initiate disciplinary action where prima facie evidence of wrongdoing has been established,” he said.

Late arrival of electoral materials was part of the flaws of the presidential election – resulting in disenfranchisement. Mahmood told RECs that Election Day logistics must be finalized days before the election and must be handled by the Electoral Officers (Eos) at Local Government level.

“This has been our standard practice. Centralizing the process as was done in some States resulted in delayed deployment of personnel and materials and late commencement of polls.

“RECs will be held responsible for any tardy arrangement or the failure to deploy electric power generators to collation centers or polling units where such facilities are needed. The Commission has enough facilities in all the States of the Federation. Failure to deploy them is simply inexcusable”, he said.

Speaking on the concerns raised so far about the presidential election and how INEC intends to address them, Yakubu said there will be refresher training for ad hoc staff who participated in the last election. He explained that where there is reason to replace personnel, the new recruits must be properly trained so that processes are not delayed or compromised at any stage.

Yakubu said that the electoral body plans to address proven concerns of infractions, adding that any action taken by the Commission is without prejudice to the rights of parties and candidates to seek further remedy as provided by law.

The INEC Chairman assured that the BVAS will once again be used in the conduct of the election to accelerate voter accreditation and result management.

“Since last week, the Commission has intensified the review of the technology to ensure that glitches experienced, particularly with the upload of results are rectified. We are confident that going forward the system will run optimally”, he said.

The last Saturday presidential, House of Reps and Senatorial election, has been described as one of the most flawed in Nigeria’s history. The results are being contested by opposition parties including the Labour Party and the Peoples Democratic Party, who came second and third respectively. The parties have accused INEC of announcing doctored results in favor of the APC.

Against this backdrop, political stakeholders, interest groups and observers have called on INEC to redeem its image by ensuring that the remaining election is free from manipulation.