The next penny cryptocurrencies and other cryptocurrencies to explode in 2022
It isn’t easy to forecast which cryptocurrency will turn out to be the next winner in crypto. At present, Bitcoin and Ethereum remain the most reliable cryptos for depositing money. Still, there’s a chance that they might not be the most suitable option for you if they do not meet your investment objectives. We must first be aware that the bear market is likely going to happen in 2022. Is it as severe as the one in 2018? But in 2024/2025, there will be another bull market for crypto. The Bitcoin Halving will cause it to occur time and time again. A cryptocurrency that will make you money during the next bear market and has the potential to be a moon from 2022 to 2023. So what are the next cryptocurrency and the penny cryptocurrencies to explode in 2022? Here are the top coins to buy during the bear market.
- Bitcoin
- Ether
- Cardano
- Stablecoins and Staking on DeFi
Another excellent coin to think about is Divi in 2022. Why? Because it could earn your money during the bear markets as well as the moon in the bull market.
Bear Market
Divi can be an excellent opportunity to earn passive earnings as it is an excellent source. You can operate masternodes or invest your money for better returns. Divi may make 15% to 20% annual ROI in $Divi. As of today, Divi is trading at 0.08 USD. Even if Divi dropped 50% during the worst day of the bear market, you could still earn an excellent passive income.
Let’s say, for instance, you own 100K Divi masternode, worth 4000 dollars at the bleakest phase of the bear market. Then, during that time, you’d be able to make around 400 dollars in $Divi. It is possible to offer it up for sale for a small amount or keep it in the bank and hope for the inevitable bull market.
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Bull Run
In three years from 2022, you’ve nearly increased your Divi holdings, and you’re currently experiencing a bull run! 2022 may be a great year for Divi. It may increase up to 25 cents. Your Masternode now has a value of 25000 dollars. In the year, you kept the bulk of the Divi holdings. As a result, you around 160,000 dollars worth of Divi, which is approximately 40,000 dollars.
The cryptocurrency market is volatile, and the ones that gain traction are shitcoins an entire week later. However, some cryptocurrencies and tokens can remain at the top. Investors in crypto are always looking for booming ones. It is regardless of where the digital assets will end after their journey to the moon.
Suppose you’re looking to discover the next cryptocurrency that will explode in 2022. In that case, these cryptos on this list are perfect for you! Or it would be best if you had a way to broaden your investment portfolio. The way forward is by investing in the highest-risk and reward-based cryptocurrency.
The next penny cryptocurrency to explode in 2022
Let us assume that you mean small-capitalization coins by “penny crypto”—ones that could do 10x (= 1000%)? Ok, let’s do that after starting with fundamental analysis. The first criterion concerns size. Remember that the price of a coin doesn’t determine how much it’s worth. What matters is a fully diluted market cap.
Market cap = number of coins in existence * price per coin.
Let us look at DOGE. The price per coin is $.238. However, the total market cap is over $31 billion. It is not a “penny” crypto, as a result. It’s a mega-cap coin.
Fully diluted market cap = total number of coins ever to be minted * price per coin
DOGE has no total number of coins. So is the fully diluted market cap is infinite. That does projects on it quite hard.
Now let us consider Terra (LUNA). Its current market cap is $18 billion. Still, when all of its coins are minted over the coming years, its fully diluted market cap is $44 billion. When you think about returns over several months, it’s the fully diluted market cap that counts since there will be more coins in existence then.
Presently, only two coins have more than $100 billion in market capitalization, Ethereum and Bitcoin, and only 19 coins with better than $10 billion in market cap. So if you wanted a reasonable projection based on what has already been achieved, you want a coin with a fully diluted market cap below $1 billion.
Fully diluted market cap below $1 billion
The next criteria you want to look for is a relatively sure bet. Some tokens are starting their network like ZIL. It might be a great notion. However, it is running on its ecosystem and a competitor to ETH. It may not be an established winner in 2022.
Right now, there are a few fully functioning ecosystems:
- Ethereum (ETH)– It is the largest but slowest and costliest
- Solana (SOL) – It is the fastest but still developing with weird tokenomics (lots of coin dilution for most SOL projects)
- Algorand (ALGO) is not as fast enough for right now (1000 tps) and the most nascent ecosystem. However, tons of partnerships, including national associations like with El Salvador.
- Avalanche (AVAX) performs a record number of 4500 transactions per second (TPS) and has a growing ecosystem. Their advantage seems to be great cross-chain integrations.
- Terra (LUNA) is quite fast and has a fully decentralized finance ecosystem and great tokenomics.
Cryptocurrencies have three sectors right now. It is advisable to pick projects on these already functional blockchains. Therefore, let us peep into pick projects within these already working ecosystems.
- Decentralized finance
- Non-Fungible Tokens (NFTs)
- Web 3.0 applications
Which cryptocurrency will be popular in mid of 2022?
It probably makes more sense to the answer by breaking it down into the five dominant areas of cryptos currently available. I’ll go through each one.
The Cryptocurrencies
That was the original idea behind cryptocurrencies, and it’s primarily broken down into two sorts of ideas. Those were coins that hope to be like currencies but have enormous swings in volatility (Bitcoin) and stable coins. Stablecoins, if they work, will be worth $1 by the end of 2021. They aren’t supposed to gain in value. Let us set them aside (you make money on them by providing them for lending platforms like Anchor, which gives about 19.5% APR for letting your money sit there like a bank).
Of the cryptocurrencies, the most popular will be:
- Bitcoin (BTC) – For large scale investment
- Dogecoin (DOGE) – because it has staying power as a meme coin
- Ripple (XRP) – if it manages to beat the SEC claims and it probably will
- Litecoin (LTC) and Bitcoin Cash (BCH) – because PayPal has endorsed only four coins right now – BTC, ETH, LTC, and BCH
- ETH is also tradable on PayPal, but it’s a platform coin, not a currency.
You would expect the most nominal growth. Max target: 3x
The Platform Tokens
These are tokens that follow Ethereum’s idea. Rather than use blockchain tech to power the currency, use the currency to power the blockchain. Whenever you run a program on Ethereum, you burn a little bit of ETH—making it more deflationary (right now) than Bitcoin even. But the main going for Ethereum is that it can host lots of other applications on it. Notably, these are of three sorts which we listed above:
- Decentralized Finance (DeFi) are projects like the Anchor platform that destroy banking returns, Mirror. It allows you to trade stocks on the blockchain. Uniswap, which will enable you to exchange coins anonymously. Insurance, which gives you Insurance on hacks to a protocol, and Indexcoop, which allows you to buy full indexes of coins and get leverage without the risk of liquidation.
- Non-Fungible Tokens (NFTs) are art, utility tokens, and (confusingly) web 3.0 applications.
- Web 3.0 applications – which are applications that run the web, like browsers and Twitter-like apps, but on the blockchain with better rewards and, of course, adult sites.
Ethereum is like an operating system, while Bitcoin is like a calculator app that runs on your laptop’s operating system. That’s why this space has far more potential.
The main competitors here by market cap (size) are:
- Ethereum (ETH)
- Binance Smart Chain (BNB)
- Cardano (ADA)
- Polkadot (DOT)
- Solana (SOL)
- Terra (LUNA) – And Cosmos supports (ATOM)
- Polygon (MATIC)
- Internet Computer (ICP)
犀利士
g>Avalanche (AVAX)- Algorand (ALGO)
Technically, MATIC is a layer two solution running on Ethereum. Binance Smart Chain is a development of Ethereum. SOL and LUNA are more narrowly focused on decentralized finance, though both know NFT and web 3.0 platforms. They are the only two platforms that are both fast and cheap presently. Ethereum is the oldest platform with the most applications. It is the slowest and most expensive to use. You may choose between LUNA, ETH, SOL, BNB, MATIC, ADA in that order. Possible 2022 gains: 3x – 20x.
Decentralized Finance
These are the financial applications that run on the above platforms. Some of the promising projects in 2022 can be one of these.
- Uniswap (UNI) is the world’s #1 decentralized exchange.
- Aave (AAVE) is the world’s #1 automated market maker.
- Yearn Finance (YFI) – the world’s #1 yield farming aggregator.
- Bancor (BNT) – the only platform to have solved the impermanent loss problem. I explain what Impermanent Loss is here.
- Anchor (ANC) is the world’s best crypto lending platform (measured by APY on depositing sable coins).
- Mirror (MIR) is the world’s best synthetic asset protocol. Using it, I’ve explained how to retire on just $250k and earn $100k annually. Really.
- PancakeSwap (CAKE) – The top Binance Smart Change decentralized exchange.
- Raydium (RAY) – The leading Solana decentralized exchange.
- Index Cooperative (INDEX) – the world’s most uncomplicated exchange-traded funds and leveraged funds for defi
Honestly, it might be worth your while to buy the DPI offered by Indexcoop. They only provide exposure to the Ethereum blockchain. Still, it’ll save you a lot in transaction fees just by purchasing this one token rather than all those separately.
What will be the next cryptocurrency expected to explode in 2022?
Many currencies and tokens could suddenly increase in 2022. However, a popular cryptocurrency like Bitcoin or Ethereum is probably the safest option for investing potential. The problem is both are high priced. So here is a list that is affordable to many.
1. ZIL (Zilliqa)
Zilliqa is an open, permissionless blockchain developed to provide high speed. It can process thousands of transactions every second. Are you considering Utilizing sharding as a second layer scaling solution? The project seeks to resolve the issue of the cryptocurrency industry. It has suffered from the problem of scalability.
Zilliqa could be utilized to build decentralized applications, and it also introduced staking and yield farming earlier in 2020. The native utility token of the platform, ZIL, is used to make it easier to deploy smart contracts and make transactions possible within the network.
Zilliqa has very ambitious goals. It hopes to be the preferred network for large-scale enterprises in advertising, gaming, and different digital networks. The team behind it has identified Visa as well as Mastercard as possible competitors to Zilliqa. It is likely to become the next cryptocurrency to go on the rise.
2. SHIB (SHIBA INU)
SHIBA INU has rocked the crypto market in 2021. The meme cryptocurrency came in August 2020, but the moment for it to shine was just a year later, in May 2021, after which it surged in value.
The ship’s popularity is self-explanatory by its connection to DOGE and an influx of new investors in the market for cryptocurrency. It created its niche in the market even though many experts predicted that it’s nothing more than an unreliable coin that will disappear from this planet after its initial spike. The meme coin has held the steady $0.000008 and surged once more at the beginning of October 2021. The latest surge of SHIBA INU is due to Elon Musk’s tweet of his new dog, a Shiba-Inu.
Shiba Inu coin is not among those cryptos you could hold for a few years and still earn a profit. The price of the currency is mainly dependent on the hype of social media. It appears to move through the same cycle, beginning with a rapid increase in publicity and price and then a significant selling and correction. While it’s not a steady investment, it certainly has the potential to go up again in 2022. Just be sure to avoid buying it in the hype phase.
3. MXR (Monero)
Monero was created in 2014 with a single purpose in mind: make transactions as secure as they can be. While all cryptos are technically safe, at least concerning fiat currency, some make it possible to keep track of transactions and who has sent what crypto where. Private cryptocurrency, like Monero, However, can make it easier to secure payments.
Monero has a couple of things to offer. Firstly, it has a high market capitalization (as of October 15th, MXR is ranked 37th on CMC). As a private coin, it does not directly compete with the big players like Ethereum and Bitcoin. Not to mention the coin has managed to weather the massive sale in May 2021 without crashing to its price of 2020. Monero appears to have a strong community backing it. Its emphasis on decentralization and security could make it the next cryptocurrency to rise in 2022.
4. VET (VeChain)
VET is among the two internal tokens that VeChain uses to create an online supply chain management platform powered by blockchain. It is a VeChain project that has some very ambitious goals. They aim to resolve the most pressing issues faced by the supply chain industry through an ecosystem built using distributed governance and Internet of Things (IoT) technology.
The supply chain has been through much in 2021, and blockchain technology could be the solution that will help to rejuvenate it. VeChain’s expertise and reputation will help it stay ahead of its competitors. Additionally, the effectiveness of traceability, transparency, and lower cost VeChain can provide are very beneficial. Suppose this project can become a significant player within the supply chain sector. Its token VET will likely increase in value considerably.
Of course, this is only our speculation. However, there’s no doubt that VeChain is an intriguing project with a large market capitalization that has plenty to offer.
5. Algorand
Algorand is a cryptocurrency based on blockchain. It aims to provide its users with the highest security, scalability, and decentralization. The Algorand blockchain has intelligent contract capabilities and utilizes an algorithm for consensus known as “pure proof-of-stake.”
One of the primary reasons that we think Algorand is likely to grow in 2022 is the team’s commitment to eco-friendly practices. Environmental concerns are becoming increasingly prominent throughout all sectors as time passes, and they’ve certainly affected the cryptocurrency market. Tokens and coins like ALGO were designed to be environmentally sustainable. And they are sustainable right from the beginning, are superior to cryptocurrencies like Ethereum, which have to adjust to meet the latest standards.
Based on CoinMarketCap, ALGO currently has the 20th largest market cap. The price of ALGO shot up in September 2021 and hasn’t retreated to levels before the boom. The cryptocurrency could endure the usual cycle of pump and dump, which others undergo.
6. ADA (Cardano)
Cardano is an open-source, decentralized blockchain platform that is one of the most popular dApp hubs. It is compatible with smart contracts and will be implementing decentralized finance (DeFi) service in September 2021. The native cryptocurrency of the platform, ADA, can be staked, which allows its owners to earn an interest rate on their crypto holdings.
There is plenty of growth potential. ADA stands at the moment as the fourth largest cryptocurrency in the world. It is the only cryptocurrency that relies on the proof-of-stake consensus algorithm for verifying transactions, which is a greener and more sustainable option than proof-of-work. According to an estimate by its founder Charles Hoskinson, the Cardano network consumes less than 0.01 percent of Bitcoin’s energy each year.
Cardano’s features and capabilities make it an ideal option to be the crypto that will be the biggest in the coming days. Its massive market capitalization. And the passionate community provides ADA with an excellent security line, making this cryptocurrency an extremely reliable investment over the long run.
Cardano hasn’t dropped from its current value of the year 2020 and is in good shape. Should the trend of positive growth continues to resurface, ADA may very well be the next cryptocurrency to go up in flames.
7. HBAR (Hedera Hashgraph)
Hedera Hashgraph is often called a “trust layer on the Internet.” It’s a network for public use that allows users and companies to create decentralized apps (dApps). It was there to address the problems that older cryptos like those on the Bitcoin or Ethereum blockchains face issues with performance, like slowness or instabilities. The consensus mechanism used by hashgraph is convenient and has an average of more than 10,000 transactions per second.
Hedera Hashgraph is not an early entry into the world of crypto. It was first introduced in the year of the year 2019. It is, however, the perfect instance of an asset with every chance of becoming the next crypto to explode in 2022.
HBAR The currency of the platform plays double roles in the medium. First, it provides Hedera hashgraph with various options, such as smart contracts or file storage. In addition, it assists in ensuring the security of the platform since HBAR holders can put up their tokens to ensure its integrity.
It is run by a group of around 39 of the world’s most renowned businesses. Hedera Hashgraph has excellent functionality, a solid technical base, and an enormous market capitalization. All of these factors together make it an up-and-coming cryptocurrency.
8. AKRO (Akropolis)
Akropolis is an Ethereum-based, decentralized financial (DeFi) protocol designed to provide users with an autonomous platform to grow and save wealth. It offers various services, including Delphi, a yield-farming aggregate, AkropolisOS, a framework to create for-profit independent decentralized organizations, and Sparta, an online platform for non-collateralized loans.
AKRO is an ERC-20 token utilized for the governance of the network across all Akropolis products. Experts from Wallet Investor consider AKRO to be an excellent investment for the long term and predict that the value of the digital currency will increase by a factor of two in value within a single year. Given that AKRO is a token of governance, a unique platform could offer the possibility of being the next cryptocurrency on the rise.
9. MANA (Decentraland)
Decentraland is a cryptocurrency-powered platform for virtual realities. It lets users purchase parcels of land to create and monetize applications and content quickly and in an effortless manner. While the venue was first launched in 2020, it’s already being used to create a range of 3D-based scenes, games, and various other interactive experiences. Users can visit these areas and expertise as well the material that others have made.
Decentraland marketplace. MANA can be described as one of two tokens that are useful on Decentraland. MANA is one of the two tokens used by the Decentraland platform. It’s an ERC-20 token that must be burned to get ERC-721 tokens for LAND. Furthermore, MANA can be helpful to purchase names, avatars, and many other items similar to Decentraland.
This cryptocurrency for penny coins is one of the most popular altcoins you can invest in 2021. Experts are adamant about this cryptocurrency, and it’s supported by a solid and new project with the potential to become huge.
10. Harmony
Harmony is an open-source blockchain platform created to make it easier to develop and use apps applications that are decentralized. The project aims to transform the block creation process using random state sharding, significantly reducing the time to verify nodes.
Validators and nodes within Harmony’s Harmony networks are assigned to and assigned randomly, which protects the process of validating and guarantees the protection of nodes. According to the Harmony website, the project intends to launch cross-shard contracts and a cross-chain infrastructure before the close of 2021. Harmony is a highly related project with big plans for the future. It has a long-term outlook that is positive similar to the token ONE has. It’s undoubtedly one of our “altcoins to keep an eye on” list.
11. POLY (Polymath)
Polymath is an open-source Ethereum blockchain-based project. Its main objective is to ease the creation and administration of tokens for security. Polymath’s ST-20 standard allows users to incorporate regulatory requirements into permits themselves, limiting trading to only verified participants. Over 220 tokens have been made available through Polymath’s platform. Polymath was launched to the Ethereum mainnet in January of 2018. After three years on the market, it has managed to gain several partners and thousands of users. It has established itself as an exciting crypto project.
POLY is the platform’s utility token that allows access to the range of intelligent contracts required to create ST-20 tokens. It is among the altcoins which are most likely to go through a massive boom in 2022.
Summary
Several cryptocurrency exchanges permit you to acquire these and other emerging ones. The world’s most popular cryptocurrency exchanges ensure that they provide the most current popular cryptocurrencies and tokens quickly. It is to allow users to get the latest ones before they reach the moon. Let us make a decision today. 2022 is booming.
The next penny cryptocurrencies and other cryptocurrencies to explode in 2022
It isn’t easy to forecast which cryptocurrency will turn out to be the next winner in crypto. At present, Bitcoin and Ethereum remain the most reliable cryptos for depositing money. Still, there’s a chance that they might not be the most suitable option for you if they do not meet your investment objectives. We must first be aware that the bear market is likely going to happen in 2022. Is it as severe as the one in 2018? But in 2024/2025, there will be another bull market for crypto. The Bitcoin Halving will cause it to occur time and time again. A cryptocurrency that will make you money during the next bear market and has the potential to be a moon from 2022 to 2023. So what are the next cryptocurrency and the penny cryptocurrencies to explode in 2022? Here are the top coins to buy during the bear market.
- Bitcoin
- Ether
- Cardano
- Stablecoins and Staking on DeFi
Another excellent coin to think about is Divi in 2022. Why? Because it could earn your money during the bear markets as well as the moon in the bull market.
Bear Market
Divi can be an excellent opportunity to earn passive earnings as it is an excellent source. You can operate masternodes or invest your money for better returns. Divi may make 15% to 20% annual ROI in $Divi. As of today, Divi is trading at 0.08 USD. Even if Divi dropped 50% during the worst day of the bear market, you could still earn an excellent passive income.
Let’s say, for instance, you own 100K Divi masternode, worth 4000 dollars at the bleakest phase of the bear market. Then, during that time, you’d be able to make around 400 dollars in $Divi. It is possible to offer it up for sale for a small amount or keep it in the bank and hope for the inevitable bull market.
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Bull Run
In three years from 2022, you’ve nearly increased your Divi holdings, and you’re currently experiencing a bull run! 2022 may be a great year for Divi. It may increase up to 25 cents. Your Masternode now has a value of 25000 dollars. In the year, you kept the bulk of the Divi holdings. As a result, you around 160,000 dollars worth of Divi, which is approximately 40,000 dollars.
The cryptocurrency market is volatile, and the ones that gain traction are shitcoins an entire week later. However, some cryptocurrencies and tokens can remain at the top. Investors in crypto are always looking for booming ones. It is regardless of where the digital assets will end after their journey to the moon.
Suppose you’re looking to discover the next cryptocurrency that will explode in 2022. In that case, these cryptos on this list are perfect for you! Or it would be best if you had a way to broaden your investment portfolio. The way forward is by investing in the highest-risk and reward-based cryptocurrency.
The next penny cryptocurrency to explode in 2022
Let us assume that you mean small-capitalization coins by “penny crypto”—ones that could do 10x (= 1000%)? Ok, let’s do that after starting with fundamental analysis. The first criterion concerns size. Remember that the price of a coin doesn’t determine how much it’s worth. What matters is a fully diluted market cap.
Market cap = number of coins in existence * price per coin.
Let us look at DOGE. The price per coin is $.238. However, the total market cap is over $31 billion. It is not a “penny” crypto, as a result. It’s a mega-cap coin.
Fully diluted market cap = total number of coins ever to be minted * price per coin
DOGE has no total number of coins. So is the fully diluted market cap is infinite. That does projects on it quite hard.
Now let us consider Terra (LUNA). Its current market cap is $18 billion. Still, when all of its coins are minted over the coming years, its fully diluted market cap is $44 billion. When you think about returns over several months, it’s the fully diluted market cap that counts since there will be more coins in existence then.
Presently, only two coins have more than $100 billion in market capitalization, Ethereum and Bitcoin, and only 19 coins with better than $10 billion in market cap. So if you wanted a reasonable projection based on what has already been achieved, you want a coin with a fully diluted market cap below $1 billion.
Fully diluted market cap below $1 billion
The next criteria you want to look for is a relatively sure bet. Some tokens are starting their network like ZIL. It might be a great notion. However, it is running on its ecosystem and a competitor to ETH. It may not be an established winner in 2022.
Right now, there are a few fully functioning ecosystems:
- Ethereum (ETH)– It is the largest but slowest and costliest
- Solana (SOL) – It is the fastest but still developing with weird tokenomics (lots of coin dilution for most SOL projects)
- Algorand (ALGO) is not as fast enough for right now (1000 tps) and the most nascent ecosystem. However, tons of partnerships, including national associations like with El Salvador.
- Avalanche (AVAX) performs a record number of 4500 transactions per second (TPS) and has a growing ecosystem. Their advantage seems to be great cross-chain integrations.
- Terra (LUNA) is quite fast and has a fully decentralized finance ecosystem and great tokenomics.
Cryptocurrencies have three sectors right now. It is advisable to pick projects on these already functional blockchains. Therefore, let us peep into pick projects within these already working ecosystems.
- Decentralized finance
- Non-Fungible Tokens (NFTs)
- Web 3.0 applications
Which cryptocurrency will be popular in mid of 2022?
It probably makes more sense to the answer by breaking it down into the five dominant areas of cryptos currently available. I’ll go through each one.
The Cryptocurrencies
That was the original idea behind cryptocurrencies, and it’s primarily broken down into two sorts of ideas. Those were coins that hope to be like currencies but have enormous swings in volatility (Bitcoin) and stable coins. Stablecoins, if they work, will be worth $1 by the end of 2021. They aren’t supposed to gain in value. Let us set them aside (you make money on them by providing them for lending platforms like Anchor, which gives about 19.5% APR for letting your money sit there like a bank).
Of the cryptocurrencies, the most popular will be:
- Bitcoin (BTC) – For large scale investment
- Dogecoin (DOGE) – because it has staying power as a meme coin
- Ripple (XRP) – if it manages to beat the SEC claims and it probably will
- Litecoin (LTC) and Bitcoin Cash (BCH) – because PayPal has endorsed only four coins right now – BTC, ETH, LTC, and BCH
- ETH is also tradable on PayPal, but it’s a platform coin, not a currency.
You would expect the most nominal growth. Max target: 3x
The Platform Tokens
These are tokens that follow Ethereum’s idea. Rather than use blockchain tech to power the currency, use the currency to power the blockchain. Whenever you run a program on Ethereum, you burn a little bit of ETH—making it more deflationary (right now) than Bitcoin even. But the main going for Ethereum is that it can host lots of other applications on it. Notably, these are of three sorts which we listed above:
- Decentralized Finance (DeFi) are projects like the Anchor platform that destroy banking returns, Mirror. It allows you to trade stocks on the blockchain. Uniswap, which will enable you to exchange coins anonymously. Insurance, which gives you Insurance on hacks to a protocol, and Indexcoop, which allows you to buy full indexes of coins and get leverage without the risk of liquidation.
- Non-Fungible Tokens (NFTs) are art, utility tokens, and (confusingly) web 3.0 applications.
- Web 3.0 applications – which are applications that run the web, like browsers and Twitter-like apps, but on the blockchain with better rewards and, of course, adult sites.
Ethereum is like an operating system, while Bitcoin is like a calculator app that runs on your laptop’s operating system. That’s why this space has far more potential.
The main competitors here by market cap (size) are:
- Ethereum (ETH)
- Binance Smart Chain (BNB)
- Cardano (ADA)
- Polkadot (DOT)
- Solana (SOL)
- Terra (LUNA) – And Cosmos supports (ATOM)
- Polygon (MATIC)
- Internet Computer (ICP)
犀利士
g>Avalanche (AVAX)- Algorand (ALGO)
Technically, MATIC is a layer two solution running on Ethereum. Binance Smart Chain is a development of Ethereum. SOL and LUNA are more narrowly focused on decentralized finance, though both know NFT and web 3.0 platforms. They are the only two platforms that are both fast and cheap presently. Ethereum is the oldest platform with the most applications. It is the slowest and most expensive to use. You may choose between LUNA, ETH, SOL, BNB, MATIC, ADA in that order. Possible 2022 gains: 3x – 20x.
Decentralized Finance
These are the financial applications that run on the above platforms. Some of the promising projects in 2022 can be one of these.
- Uniswap (UNI) is the world’s #1 decentralized exchange.
- Aave (AAVE) is the world’s #1 automated market maker.
- Yearn Finance (YFI) – the world’s #1 yield farming aggregator.
- Bancor (BNT) – the only platform to have solved the impermanent loss problem. I explain what Impermanent Loss is here.
- Anchor (ANC) is the world’s best crypto lending platform (measured by APY on depositing sable coins).
- Mirror (MIR) is the world’s best synthetic asset protocol. Using it, I’ve explained how to retire on just $250k and earn $100k annually. Really.
- PancakeSwap (CAKE) – The top Binance Smart Change decentralized exchange.
- Raydium (RAY) – The leading Solana decentralized exchange.
- Index Cooperative (INDEX) – the world’s most uncomplicated exchange-traded funds and leveraged funds for defi
Honestly, it might be worth your while to buy the DPI offered by Indexcoop. They only provide exposure to the Ethereum blockchain. Still, it’ll save you a lot in transaction fees just by purchasing this one token rather than all those separately.
What will be the next cryptocurrency expected to explode in 2022?
Many currencies and tokens could suddenly increase in 2022. However, a popular cryptocurrency like Bitcoin or Ethereum is probably the safest option for investing potential. The problem is both are high priced. So here is a list that is affordable to many.
1. ZIL (Zilliqa)
Zilliqa is an open, permissionless blockchain developed to provide high speed. It can process thousands of transactions every second. Are you considering Utilizing sharding as a second layer scaling solution? The project seeks to resolve the issue of the cryptocurrency industry. It has suffered from the problem of scalability.
Zilliqa could be utilized to build decentralized applications, and it also introduced staking and yield farming earlier in 2020. The native utility token of the platform, ZIL, is used to make it easier to deploy smart contracts and make transactions possible within the network.
Zilliqa has very ambitious goals. It hopes to be the preferred network for large-scale enterprises in advertising, gaming, and different digital networks. The team behind it has identified Visa as well as Mastercard as possible competitors to Zilliqa. It is likely to become the next cryptocurrency to go on the rise.
2. SHIB (SHIBA INU)
SHIBA INU has rocked the crypto market in 2021. The meme cryptocurrency came in August 2020, but the moment for it to shine was just a year later, in May 2021, after which it surged in value.
The ship’s popularity is self-explanatory by its connection to DOGE and an influx of new investors in the market for cryptocurrency. It created its niche in the market even though many experts predicted that it’s nothing more than an unreliable coin that will disappear from this planet after its initial spike. The meme coin has held the steady $0.000008 and surged once more at the beginning of October 2021. The latest surge of SHIBA INU is due to Elon Musk’s tweet of his new dog, a Shiba-Inu.
Shiba Inu coin is not among those cryptos you could hold for a few years and still earn a profit. The price of the currency is mainly dependent on the hype of social media. It appears to move through the same cycle, beginning with a rapid increase in publicity and price and then a significant selling and correction. While it’s not a steady investment, it certainly has the potential to go up again in 2022. Just be sure to avoid buying it in the hype phase.
3. MXR (Monero)
Monero was created in 2014 with a single purpose in mind: make transactions as secure as they can be. While all cryptos are technically safe, at least concerning fiat currency, some make it possible to keep track of transactions and who has sent what crypto where. Private cryptocurrency, like Monero, However, can make it easier to secure payments.
Monero has a couple of things to offer. Firstly, it has a high market capitalization (as of October 15th, MXR is ranked 37th on CMC). As a private coin, it does not directly compete with the big players like Ethereum and Bitcoin. Not to mention the coin has managed to weather the massive sale in May 2021 without crashing to its price of 2020. Monero appears to have a strong community backing it. Its emphasis on decentralization and security could make it the next cryptocurrency to rise in 2022.
4. VET (VeChain)
VET is among the two internal tokens that VeChain uses to create an online supply chain management platform powered by blockchain. It is a VeChain project that has some very ambitious goals. They aim to resolve the most pressing issues faced by the supply chain industry through an ecosystem built using distributed governance and Internet of Things (IoT) technology.
The supply chain has been through much in 2021, and blockchain technology could be the solution that will help to rejuvenate it. VeChain’s expertise and reputation will help it stay ahead of its competitors. Additionally, the effectiveness of traceability, transparency, and lower cost VeChain can provide are very beneficial. Suppose this project can become a significant player within the supply chain sector. Its token VET will likely increase in value considerably.
Of course, this is only our speculation. However, there’s no doubt that VeChain is an intriguing project with a large market capitalization that has plenty to offer.
5. Algorand
Algorand is a cryptocurrency based on blockchain. It aims to provide its users with the highest security, scalability, and decentralization. The Algorand blockchain has intelligent contract capabilities and utilizes an algorithm for consensus known as “pure proof-of-stake.”
One of the primary reasons that we think Algorand is likely to grow in 2022 is the team’s commitment to eco-friendly practices. Environmental concerns are becoming increasingly prominent throughout all sectors as time passes, and they’ve certainly affected the cryptocurrency market. Tokens and coins like ALGO were designed to be environmentally sustainable. And they are sustainable right from the beginning, are superior to cryptocurrencies like Ethereum, which have to adjust to meet the latest standards.
Based on CoinMarketCap, ALGO currently has the 20th largest market cap. The price of ALGO shot up in September 2021 and hasn’t retreated to levels before the boom. The cryptocurrency could endure the usual cycle of pump and dump, which others undergo.
6. ADA (Cardano)
Cardano is an open-source, decentralized blockchain platform that is one of the most popular dApp hubs. It is compatible with smart contracts and will be implementing decentralized finance (DeFi) service in September 2021. The native cryptocurrency of the platform, ADA, can be staked, which allows its owners to earn an interest rate on their crypto holdings.
There is plenty of growth potential. ADA stands at the moment as the fourth largest cryptocurrency in the world. It is the only cryptocurrency that relies on the proof-of-stake consensus algorithm for verifying transactions, which is a greener and more sustainable option than proof-of-work. According to an estimate by its founder Charles Hoskinson, the Cardano network consumes less than 0.01 percent of Bitcoin’s energy each year.
Cardano’s features and capabilities make it an ideal option to be the crypto that will be the biggest in the coming days. Its massive market capitalization. And the passionate community provides ADA with an excellent security line, making this cryptocurrency an extremely reliable investment over the long run.
Cardano hasn’t dropped from its current value of the year 2020 and is in good shape. Should the trend of positive growth continues to resurface, ADA may very well be the next cryptocurrency to go up in flames.
7. HBAR (Hedera Hashgraph)
Hedera Hashgraph is often called a “trust layer on the Internet.” It’s a network for public use that allows users and companies to create decentralized apps (dApps). It was there to address the problems that older cryptos like those on the Bitcoin or Ethereum blockchains face issues with performance, like slowness or instabilities. The consensus mechanism used by hashgraph is convenient and has an average of more than 10,000 transactions per second.
Hedera Hashgraph is not an early entry into the world of crypto. It was first introduced in the year of the year 2019. It is, however, the perfect instance of an asset with every chance of becoming the next crypto to explode in 2022.
HBAR The currency of the platform plays double roles in the medium. First, it provides Hedera hashgraph with various options, such as smart contracts or file storage. In addition, it assists in ensuring the security of the platform since HBAR holders can put up their tokens to ensure its integrity.
It is run by a group of around 39 of the world’s most renowned businesses. Hedera Hashgraph has excellent functionality, a solid technical base, and an enormous market capitalization. All of these factors together make it an up-and-coming cryptocurrency.
8. AKRO (Akropolis)
Akropolis is an Ethereum-based, decentralized financial (DeFi) protocol designed to provide users with an autonomous platform to grow and save wealth. It offers various services, including Delphi, a yield-farming aggregate, AkropolisOS, a framework to create for-profit independent decentralized organizations, and Sparta, an online platform for non-collateralized loans.
AKRO is an ERC-20 token utilized for the governance of the network across all Akropolis products. Experts from Wallet Investor consider AKRO to be an excellent investment for the long term and predict that the value of the digital currency will increase by a factor of two in value within a single year. Given that AKRO is a token of governance, a unique platform could offer the possibility of being the next cryptocurrency on the rise.
9. MANA (Decentraland)
Decentraland is a cryptocurrency-powered platform for virtual realities. It lets users purchase parcels of land to create and monetize applications and content quickly and in an effortless manner. While the venue was first launched in 2020, it’s already being used to create a range of 3D-based scenes, games, and various other interactive experiences. Users can visit these areas and expertise as well the material that others have made.
Decentraland marketplace. MANA can be described as one of two tokens that are useful on Decentraland. MANA is one of the two tokens used by the Decentraland platform. It’s an ERC-20 token that must be burned to get ERC-721 tokens for LAND. Furthermore, MANA can be helpful to purchase names, avatars, and many other items similar to Decentraland.
This cryptocurrency for penny coins is one of the most popular altcoins you can invest in 2021. Experts are adamant about this cryptocurrency, and it’s supported by a solid and new project with the potential to become huge.
10. Harmony
Harmony is an open-source blockchain platform created to make it easier to develop and use apps applications that are decentralized. The project aims to transform the block creation process using random state sharding, significantly reducing the time to verify nodes.
Validators and nodes within Harmony’s Harmony networks are assigned to and assigned randomly, which protects the process of validating and guarantees the protection of nodes. According to the Harmony website, the project intends to launch cross-shard contracts and a cross-chain infrastructure before the close of 2021. Harmony is a highly related project with big plans for the future. It has a long-term outlook that is positive similar to the token ONE has. It’s undoubtedly one of our “altcoins to keep an eye on” list.
11. POLY (Polymath)
Polymath is an open-source Ethereum blockchain-based project. Its main objective is to ease the creation and administration of tokens for security. Polymath’s ST-20 standard allows users to incorporate regulatory requirements into permits themselves, limiting trading to only verified participants. Over 220 tokens have been made available through Polymath’s platform. Polymath was launched to the Ethereum mainnet in January of 2018. After three years on the market, it has managed to gain several partners and thousands of users. It has established itself as an exciting crypto project.
POLY is the platform’s utility token that allows access to the range of intelligent contracts required to create ST-20 tokens. It is among the altcoins which are most likely to go through a massive boom in 2022.
Summary
Several cryptocurrency exchanges permit you to acquire these and other emerging ones. The world’s most popular cryptocurrency exchanges ensure that they provide the most current popular cryptocurrencies and tokens quickly. It is to allow users to get the latest ones before they reach the moon. Let us make a decision today. 2022 is booming.