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Passive Income: Best Cryptocurrency Passive Income Streams and How to Invest Money.
Passive Income It is one of the best ways to increase your earnings during this upcoming Encrypt bull market, which allows you to improve your portfolio with minimal work in the process. The cryptocurrency market presents many unique ways to earn passive income. Whether through revenue sharing, passive staking, airdrops, liquidity provision, or commissions earned, there are hundreds of ways to earn passive income with blockchain technology.
In this article we have found some of the best passive income streams in cryptocurrency and explained how to invest money to start earning passive income.
Dogecoin20
Dogecoin20 ($DOGE20) is one of the best passive income streams in the meme coin industry, allowing its holders to earn income through passive staking.
Dogeocin20 seeks to become the ultimate upgrade of Dogecoin by pushing the meme coin towards a more sustainable future using the proof-of-stake mechanism. The PoS algorithm allows you to stake $DOGE20 to earn passive income.
Anyone who stakes $DOGE20 holdings will be rewarded with tokens based on the staking percentage of the staking pool. The team has set aside 15% of the total supply to ensure that the rewards are provided to stakers for the next two years.
In addition to staking, Dogecoin20 also improves on the Dogecoin theme by introducing a token supply cap of 140 billion $DOGE20, eliminating the endless inflation that the legendary Dogecoin experiences today.
Finally, since Dogecoin20 is an ERC-20 token, it ensures faster and cheaper transactions, is DeFi Ready, and is compatible with most major wallet providers.
Overall, Dogeocin20 offers the perfect passive income opportunity while also providing the potential for exponential gains through value appreciation.
The token is currently in pre-sale and can be purchased on the project website using $ETH, $USDT or a credit/debit card.
Green Bitcoin
Green Bitcoin ($GBTC) is another cryptocurrency that provides a passive income stream through its earnings prediction mechanism.
Green Bitcoin is a new utility project that offers huge rewards to those who make accurate Bitcoin price predictions. The project has created a unique Gamified Green Staking ecosystem that allows users to stake $GBTC tokens and become eligible to place price predictions on the future price of Bitcoin.
Users who place accurate predictions are rewarded with a proportional share of the daily staking rewards in the pool. The best part about the rewards is that they are scaled based on the level of investment made. Therefore, those who stake more $GBTC for longer periods earn higher rewards.
The team has reserved 27.5% of the total $GTBC supply to secure rewards for the next two years.
In addition to rewards through accurate predictions, users earn passive income through the staking mechanism itself, doubling potential revenue.
Overall, Green Bitcoin is one of the best passive income streams in the cryptocurrency industry.
To purchase $GBTC, visit the project website and use $ETH, $USDT or a credit/debit card.
Smog token
Smog Token ($SMOG) is a project that provides a unique passive income stream on this list through its incoming airdrop.
Smog Token is one of the hottest meme coins on Solana in March 2024, as users rush to position themselves on the project to participate in the most historic airdrop in Solana history. The project allows users to purchase and hold $SMOG tokens to accumulate airdrop points and be eligible to receive a free airdrop.
The team stated that 35% of the total supply will be airdropped to users. Therefore, if the airdrop happens at the peak of the market cap of over $300 million, a whopping $100 million will be airdropped to users.
Users can also earn more airdrop points by participating in Zealy missions. With over a million Zealy missions completed, it’s clear that investors are eager to earn more airdrop points for more passive income.
While $SMOG was launched on the Solana network, it is now a multi-chain cryptocurrency on Ethereum via Wormhole. As a result, users can also stake their $SMOG tokens and earn an APY, providing another avenue to earn a passive income stream.
Overall, Smog Token provides the perfect avenue for earning passive income. The best place to buy $SMOG is via the OTC widget on the project’s website, which offers a 10% discount.
eTukTuk
eTukTuk ($TUK) is an innovative sustainability project that aims to provide affordable electric vehicle solutions to developing countries.
While Tesla has made significant progress in the developed world, its technology remains too expensive for developing nations to participate in. eTukTuk aims to change that with its revolutionary three-wheeled electric vehicle, designed to replace the traditional tuk-tuk.
The tuk-tuk is the most popular mode of transportation in developing countries, but it produces more carbon emissions than traditional cars. eTukTuk wants to help bring about the revolutionary shift to cleaner transportation through the eTukTuk three-wheeler. It plans to launch its first fleet later this year in Sri Lanka, providing the perfect opportunity to position itself ahead of the curve.
Additionally, the project will introduce a network of charging stations for drivers to charge. All $TUK stakers earn network fees as drivers charge their vehicles, providing passive income.
$TUK can be purchased in pre-sale via the project website.
Liquidity provider token Jupiter Perpetuals
Jupiter Perpetuals Liquidity Provider Token ($JLP Token) is the Jupiter perpetual liquidity provider token for the immensely popular Solana DEX. Those who purchase the token become liquidity providers by allocating their assets to the pool to earn passive income.
Passive income comes from trading fees on the platform, with 70% of all fees injected into the Liquidity Provider pool. With the exchange seeing over $1.3 billion in trading volume per day, these fees are starting to add up quickly.
In addition to earning commissions, JLP holders see strong appreciation in value as they own an index of major cryptocurrencies.
Overall, holding $JLP allows you to earn passive income through the world’s most popular DEX.
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