Best Passive Income Option for 2023: Caged Beasts Referral Scheme Beats AT&T’s High Dividend Yield
Having a reliable and stable source of passive income is key to achieving financial independence. Passive income options for 2023 are abound in the market, from traditional options like stocks with high dividend yields to passive income-generating crypto assets that are the cutting edge of fintech.
American telecommunications major AT&T is an attractive pick among stocks with high dividend yields and strong fundamentals. On the opposite side of the spectrum, Caged Beasts (BEASTS), a crypto project, has emerged with a passive income idea that could potentially change the face of investing. Read on to find out more about AT&T and Caged Beasts’ potential for creating a robust stream of passive income.
AT&T: Expansion Powers this Great Pick
AT&T, the American telecommunications giant, is one of the largest players in its field, with a market share of 45.9% in the first quarter of 2023. The company has a market cap of $114.8 billion. The company is in the middle of its thrust to expand its US broadband connectivity as mobile connections show signs of a slowdown. The expansion is funded by a mix of debt, investor money, and government funding. It has the potential to improve connectivity across the US which will also pad the balance sheet.
AT&T stock is as safe as they come due to the company’s stable position as a leader in the US market as well as its historic performance. The company stock has a dividend yield of 5.5% per quarter, making it a great passive income option for 2023. The expansion of fibre optic networks, growing 5G adoption, and a portfolio of brand partnerships like the one it has with Google to sell its Fold series of premium smartphones makes AT&T a strong pick not just for 2023 but for a long time to come.
Caged Beasts: The Best Passive Income Option for 2023?
Next up in our exploration of great passive income is an entrant not from the stock market but from the world of crypto. Caged Beasts, a meme coin in presale, has turned heads with its unique referral program, which has one of the highest yield rates among assets.
The referral system works by assigning each user a unique referral code. When someone makes a deposit on the Caged Beasts network using this code, the code’s owner receives 20% of the deposit in USDT, ETH, or BNB. The new investor is also rewarded with a 20% bonus of BEASTS.
Another aspect that makes Caged Beasts a great asset is its emphasis on transparency. The project has made its liquidity policy available in the public domain, with 75% of tokens reserved for the presale and the remaining share going towards marketing efforts. The project’s insistence on transparent policies and its lucrative referral program make it a top passive income option for 2023.
The Final Take
Passive income options, be it from the stock market or from the crypto world, are crucial to achieving financial independence and living the life of one’s dreams. AT&T is a great pick from the stock market with its good 5.5% dividend yield. The company’s foothold in the US market and its stable price action make it an attractive option to hold.
The Caged Beasts referral program is one of the best among crypto referral schemes, if not the best, with its 20% yield. The token’s transparency policies also make it a credible asset. With growing utility for crypto assets, Caged Beasts will be a high-performing asset for a long time to come.
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Editor in Chief at ATZCrypto. He is Passionate in covering Crypto News, Market Data and Technical Analysis.
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