‘Money doesn’t grow on trees!’ You couldn’t have reached your twenties without listening to this phrase at least once! It is still used as a cautionary reminder to instill some financial responsibility in young people. However, it’s time to debunk this notion!
While there may not be a literal “money plant,” there are indeed ways to cultivate wealth. All it takes is choosing the right path. In this article, we will assist you in making that choice by explaining how to generate $100 per day through crypto passive income using Ethereum (ETH), Solana (SOL), and Caged Beasts (BEASTS).
Build Your Wealth with Ethereum
Ethereum (ETH) requires no introduction in the world of cryptocurrencies, as it holds the position of the second-largest crypto with a market capitalization of $225 billion. What do you think has contributed to Ethereum’s exponential growth in value? The answer is simple: it’s potential to generate high returns on investment and provide various avenues for passive income. Among the most profitable methods is staking ETH tokens.
ETH tokens hold significant value in the crypto market, making staking them a highly rewarding endeavour. It offers an impressive annual percentage yield of approximately 6.3% – 7.31%. By selecting a reputable and credible crypto platform for staking your Ethereum tokens, you can even earn an additional 1 or 2% yield.
Always remember that staking cryptocurrencies yields greater returns compared to depositing money in traditional banks. Furthermore, the yield for staking increases based on the market value of ETH tokens, providing you with an opportunity to earn significantly more through saving rather than solely relying on trading!
Easy Way to Earn More with Solana
If you think that Ethereum tokens are beyond your financial reach, don’t worry! There are numerous alternatives available in the crypto realm, and one of them is Solana (SOL)—a blockchain platform with a focus on web3 infrastructure.
The current valuation of the Web3 blockchain market stands at $2.86 billion and is projected to reach $116 billion in the next 10 years. Therefore, owning Solana tokens would be a wise decision, at least for the next decade.
Now, let’s explore how to earn passive income using Solana. Once again, staking takes a prominent position. A year ago, the renowned crypto exchange platform Binance offered a 9-13% annual percentage yield (APY) for SOL staking, while Phantom offered a slightly lower range of 6-7%. Additionally, SOL lending yielded a 3.6% return.
Although the yield values have decreased slightly over the past year, as Web3 technology continues to grow, the value of SOL tokens will also increase, multiplying the yield value for staking SOL.
Let the Beasts Make Money for You
Caged Beasts is an innovative crypto project that is about to launch its presale very soon. This exciting new meme coin has been making a splash in the crypto world, thanks to its captivating storyline, community-driven approach, and generous referral program.
The Caged Beasts team is dedicating their time and effort to creating engaging competitions, events, and special offers that will attract more customers to join their brand-new community.
As a first step in this direction, the Caged Beasts team has introduced a referral program that grants a 20% bonus to both the user and their referral. Let’s say your referral invests $500, you will receive a $100 commission, and your referral will also earn bonus tokens worth $100. This means both of you will benefit and potentially become wealthier at the same time.
Earning $100 per day in crypto passive income is achievable, but it does require a significant investment. However, if you’re unable to invest a substantial amount, you can still invest in Ethereum, Solana, Caged Beasts, or all of them gradually, earning small amounts without exerting excessive effort. Over time, your investment will grow to the point where it can generate more than $100 per day.
Find out more about Caged Beasts (BEASTS):
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.