Subscribe Us

Breaking

Post Top Ad

Your Ad Spot

Wednesday, February 9, 2022

These 9 cryptocurrencies could be your chance in 2022

These 9 cryptocurrencies could be your chance in 2022




 These 9 cryptocurrencies could be your chance in 2022

They say that the Brazilian year only starts after Carnival, but those who follow the cryptocurrency market don't have to wait so long for their investments to start bearing fruit. 2022 has already started, bitcoin (BTC) has already dropped 8.86% and the prospects are not the best.

But other cryptocurrencies present a more encouraging picture and were featured among analysts in our Where to Invest in 2022 guide — you can grab your version for free here.

What makes these cryptocurrencies special?

These are projects that seek to provide decentralized internet, an alternative to providers that charge high user fees, blockchain payment methods, and play-to-earn games such as Axie Infinity.

However, most of them are linked to blockchain design and the creation of the metaverse as a space on the internet.

It is undeniable that cryptocurrencies are here to stay, and these blockchain design projects tend to grow with the advancement of the digital asset universe. They are the ones who seek to solve internet problems, whether security, scalability, or decentralization.

These cryptocurrencies have the advantage of being cheaper than bitcoin (BTC) and with even greater upside potential. However, it is worth remembering that investing in crypto is highly risky and experts recommend caution before entering this universe.

Check out nine projects that could “ explode ” in 2022:

Solana (SOL) - high of 11,179.5% in 2021

It is one of the biggest Ethereum killers, cryptocurrencies that were born to outperform Ethereum, and it has been exciting investors in recent months.

It manages to overcome the problem of ether scalability while managing to keep rates low and safe. In 2021, Solana recorded an appreciation of 11,179.50%.

Polkadot (DOT) - high of 187.40% in 2021

Another Ethereum killer, DOT came up with the idea of ​​being a platform to unite blockchains in one place and solve the scalability trilemma of cryptocurrencies.

This problem involves making the project grow (scalability) safely and efficiently (lower rates). Last year, Polkadot accumulated a high of 187.40%.

Avalanche (AVAX) — up 3,326.70% in 2021

With a rise of 3,326.70% last year, AVAX aims to be a blockchain with cheaper transaction fees ( gas fees ) and that also seeks to solve the cryptocurrency trilemma (scalability, security, and decentralization).

The Avalanche network has three separate chains: X-chain, C-chain and P-chain. Each of them wants to solve one of the three problems.

Earth (MOON) - 12,889.4% high in 2021

According to the developer's white paper, Terra is a blockchain-focused on day-to-day payments that seeks to solve the problem of the high volatility of cryptocurrencies.

It aims to become the main means of payment in the digital environment, combining the protection of blockchain cryptography with the stability of a common currency.

Decentraland (MANA) — up 4,069.40% in 2021

Decentraland 's blockchain network aims to be a kind of “testing ground” for new projects within the web 3.0 environment.

MANA is one of the first blockchains integrated with play-to-earn games such as Axie Infinity, which increases competition over the others. Not by chance, Decentraland 's quotes rose 4,069.40% in 2021.

Yield Guild Games (YGG) - an allotment of 203,70% em 2021

With the popularization of play-to-earn games, YGG is a decentralized autonomous organization (DAO) that invests in games of this type.

The cryptocurrency that appreciated 203.70% in 2021 is an alternative for those who do not want to put all their chips in a single project or do not want to divide their money into several possible games, investing in a single company that bets on a “basket” of play-to-earn gaming cryptocurrencies.

The SandBox (SAND) — alta de 16.279,1% em 2021

This blockchain allows the creation of spaces within the internet, similar to land in the real world, that can be bought or traded. Big companies like billionaire Elon Musk's Tesla have already secured land in the Sandbox.

Enjin Coin (ENJ) - high of 1,882% in 2021

This blockchain is more geared towards game development, and competes directly with Decentraland in building test environments for new applications, but is focused on the gaming world.

This blockchain was chosen by Microsoft to start its metaverse project and has great upside potential, according to market analysts.

Helium (HNT) - high of 2,825.3% in 2021

With an increase of 2,825.30% last year, Helium (HNT) has a revolutionary proposal for the provision of Internet of Things (IoT) services.

In addition to providing a decentralized internet connection, that is, without the need for a provider, this blockchain still intends to be the system that connects all smart devices, such as smartphones, televisions, etc.

“Helium is a protocol that is growing and already offers services in Europe and the United States. Around here, with the debates involving the concession of 5G, the HNT should become an important cryptocurrency in the future”, comments Franco.

*Contributed to this article Andre Franco, Cryptocurrency Specialist, Lucas Schoch, Bitfy CEO, Helen Hai, Binance NFT Director, Rodrigo Zobaran, Kinda Quantitative Research Analyst, with information from Binance Research, Messari Crypto Theses for 2022, Arcane Research, CryptoRank, and Coin Market Cap.

 

 

 


1 comment:

Post Top Ad

Your Ad Spot