Up-and Coming Cryptocurrency To Invest In This 2022
As we move further into the 21st century, cryptocurrency is becoming an increasingly popular way to make transactions. While Bitcoin may be the most well-known example, there are many other currencies out there that are worth investing in.
Bitcoin was first created in 2009, and since then, many other cryptocurrencies have been developed. While Bitcoin remains the most popular cryptocurrency, there are a number of others that are worth investing in. In this article, we’ll take a look at some of the most promising cryptocurrencies that will be worth investing in over the next few years. Here is a list of some up and coming cryptocurrencies that are predicted to do well in 2022:
Polygon (MATIC) is an Ethereum Layer 2 scaling solution. It also serves as a platform for creating and connecting Ethereum blockchain networks. MATIC lowers transaction rates on the Ethereum network while dramatically enhancing transaction speed. Polygon’s scalability focus makes it so appealing for decentralized Ethereum blockchain applications. MATIC is currently trading at $1.4395 with a market capitalization of $10.76 billion as it continues to flourish in the market.
Decentraland differs from other virtual worlds in that, except for roads and plazas, all LAND areas may be owned, sold, and developed by the game’s players. MANA is Decentraland’s native cryptocurrency, and it is used to buy land parcels (LAND tokens), avatars, wearables, and other things on the platform’s marketplace. MANA is currently trading at $2.60 with a trading volume of $1.5 billion and has increased by 175% since last year.
The stellar blockchain can process between 1000 and 5000 transactions per second. This distinguishes it as a formidable rival to centralized payment systems, a point that will increase its value as more people accept crypto payments. One of the advantages of investing in XLM is its use as a currency. This means that investors can create tokens and even decentralized exchanges on this blockchain.
Because XLM is the native cryptocurrency of the stellar blockchain, it will always be valuable. The decentralized exchange is a key element driving the long-term value of Stellar. XLM is currently trading at $0.181253 with a circulating supply of $24.9 billion.
Curve (CRV) is a platform for Stablecoins that uses an Automated Market Maker to manage liquidity. The platform has been designed to have less slippage and an affordable charge. Assets can be automatically and without authorization traded.
It’s among the preferred cryptocurrencies to invest in, especially when it comes to DeFi. Because it is a non-custodial network, users retain complete ownership over their tokens. Curve relies on liquidity pools and rewards users who contribute to them. CRV is currently trading at $2.26. It has a diluted market capitalization of $7.4 billion globally.
Each of these currencies has unique features that make them worth investing in, so do your research before choosing which one to invest in. Remember, cryptocurrency is a volatile investment, so always be aware of the risks involved. With that being said, these currencies are predicted to do well in the coming year, so now may be a good time to get involved!