XRP investors are tired of waiting. The persistently lackluster performance of the coin has urged them to seek underrated alternatives with larger rooms for long-term returns.
Green cryptocurrency Ecoterra has caught their eyes. The project’s recycle-to-earn ecosystem not only has high market relevance, but also has wide scope for adoption, kindled by government and global brand partnerships.
XRP’s journey to $1 will be grinding
Investors have been looking forward to a strong XRP surge since January.
$1 seemed like an easy target with the market recovering from the long crypto winter of 2022. And with the SEC lawsuit behind it, XRP long-term holders were positive that the coin will find support above $1 by August. But things have not worked out so well. After a fleeting surge to $0.8, XRP is back to $0.517 at the time of writing.
XRP 1-year price action, 22 Aug 2023, CoinMarketCap
What’s going on?
Clearly, XRP is saturated. The token has a hard time maintaining demand due to its lack of retail use cases. In a market brimming with innovation and competition, XRP can’t justify its massive market cap. The price correction has been long due.
There is no point in holding XRP aiming for substantial growth. You can always make use of short-term price movements. But XRP is a poor long-term investment. XRP’s share of the portfolio is better replaced with tokens that have a larger room for growth.
A good example is Ecoterra, which is underpinned by a long-term mission with global relevance.
Ecoterra is underrated, but not for long
Ecoterra is a relatively new project that entered the market a few weeks back. The token is selling for prices much below its intrinsic value, especially since the recent crypto crash. The timing couldn’t be better to buy the dip.
UPCOMING APPLICATION: ecoterra is creating a revolutionary app that offers:
♻️ Rewards for recycling
🌍 Access to the carbon offset marketplace
🌟 Exciting additional features in the pipelineVisit 🌐 https://t.co/rTdtTuVcuK for more updates. pic.twitter.com/nyj7vquH5m
— ecoterra (@ecoterraio) August 19, 2023
The much-awaited Ecoterra app will be soon live. Registration for the app has begun. The demand for the token will increase in the coming weeks as the launch closes in.
To give you a better insight into the upcoming price surge, here is a closer look at the Ecoterra ecosystem and how it contributes to climate action.
The Ecoterra ecosystem vs. climate change
Climate change is getting worse by the day. Consumption is one of the major contributors of climate change and recycling is one of the most effective solutions against it. But recycling is easier said than done. It is exhausting and time-consuming. But more importantly, it is complex as far as an average individual is concerned.
We need a better recycling infrastructure.
Ecoterra is a project that aims to bring recycling to the masses. It uses blockchain as its companion on the mission. Being inherently fair, transparent, and immutable, blockchain is an excellent tool for global coordination.
Here are the four pillars of the Ecoterra ecosystem.
- Recycle-to-earn app (soon to go live): Get rewarded for your eco-friendly actions with the ‘R2E’ app, where every recyclable item equals an amount of ECOTERRA.
- Carbon offset marketplace: Can’t make a rapid change in your lifestyle to limit your carbon footprint? Offset your carbon footprint using Ecoterra tokens.
- Recycled materials marketplace: Find or request eco-friendly materials from recycled material producers and distributors.
- Impact trackable profile: Track your positive impact actions and show them off to friends, family, or customers. Environmentally-friendly practices offer a new way to improve your brand image and increase customer loyalty.
The platform addresses the importance of crypto incentivization in boosting participation. No matter how dire climate change has become, it is difficult to urge people to make changes in their everyday life. The results of awareness programs are disappointingly low. Reward systems, on the other hand, motivate people to take swift action.
For everyone from individuals to businesses and organizations
Ecoterra is a platform dedicated to a wide range of user bases across the globe and therein lies its large growth potential. There are no prerequisites to becoming a part of the Ecoterra community, apart from a love for the planet.
Eco-conscious businesses, consumers, and organizations can access the array of benefits tailored for Ecoterra’s individual user bases. When it comes to businesses, there is no discrimination based on size.
Businesses of all sizes, including both SMEs and corporations, are welcome to the ecosystem. With more businesses embracing pledges to combat climate change and champion climate justice through mindful decisions, Ecoterra is entering a fertile market.
It also opens an excellent opportunity for investors, given that the global RVM (reverse-vending-machines) market is experiencing substantial expansion.
Ecoterra’s investment potential
Ecoterra is an excellent investment now for multiple reasons. To begin with, it is highly underrated. It can jump anywhere from 500%-1200% toward the end of the year and up to 3000% by the first half of 2023. A potential Binance listing will expedite the token’s race to the top-50 crypto chart.
The predictions are substantiated by the expanding Ecoterra ecosystem. The demand for the token will be primarily driven by its partnerships with leading global brands in the coming stages.
Ecoterra is available for purchase on Uniswap, LBANK, and BitMart.
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