Poll: New Cryptos Coming to Fantasy Finance!!! 💰

This week, we asked the Invstr Community which cryptocurrency they wanted in Fantasy Finance. The poll had a major plurality, with 44 percent of Invstrs wanting access to USD Coin. USD Coin is essentially a digital dollar, which makes it a very stable crypto that people are interested in, and it has the 9th highest market capitalization out of all cryptos. However, that is also a downside as many use cryptos for high-growth investments, which makes this a surprising first place finish. In second place is the addition of Filecoin. Filecoin provides a decentralized storage system where users can store information, and it is not mineable. It has the 25th highest market capitalization, and it is volatile while having a use for the future, which justifies its case as second place in the poll.

For last place, we have a tie between Orchid and Algorand, with each taking 14 percent of the vote. Orchid works as a decentralized VPN, once again taking a digital twist to a daily norm. Orchid does contain some volatility, but it is a pretty small crypto, which could be the reason for its finish in the poll. Algorand, however, has the 40th highest market capitalization, and it contains some potential. Algorand is a competitor to Ethereum and Cardano, and it contains enough volatility to interest cryptocurrency investors, which puts its last place finish very surprising.

Keep an eye on the feed to receive any news about a new instrument. Soon, new cryptocurrencies will be added to Fantasy Finance, so be ready to hit Refresh Instruments in your settings!

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Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

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