FMA Crypto Portfolio: Trade 1 Options 4/19/2021
It is an exciting day for the FMA Team, we are presenting you with the first selection of cryptocurrencies to vote on for the FMA portfolio. Remember, it is up to YOU to decide what goes in to the portfolio. If you would like weekly updates on the portfolio, please sign up for the newsletter below. Otherwise, go to our Twitter page and vote now! It will be live until Friday 4/23/21.
Bitcoin (BTC) — the first cryptocurrency with a market cap of $1T (as of 4/18/2021). The goal of BTC is to enable global peer-to-peer transactions that are secure, anonymous, cheap, and most importantly — decentralized.
Chainlink (LINK) — an Ethereum token, LINK looks to decentralize the oracle network. Its goal is to solve the issue of obtaining off-chain data needed to operate blockchain based smart contracts. It currently has a market cap of $16.2B (as of 4/18/2021).
Cardano (ADA) — an open source project that runs a public blockchain. The goal of ADA is to solve the problems related to scalability, interoperability, and sustainability on the platforms. It’s current market cap is $40.9B (as of 4/18/2021).
SushiSwap (SUSHI) — an Ethereum token that powers the decentralized cryptocurrency exchange and automated market maker. The SushiSwap is community run, so anyone holding SUSHI can vote for changes. The current market cap is $1.8B (as of 4/18/2021).
FMA Crypto Portfolio:
A live view of our portfolio can be seen on CryptoCompare here. The portfolio is currently invested fully in Ether which will be sold to purchase the most voted cryptocurrency from the poll. If you need an update on the rules, please find them here.