Top Crypto’s that can rise in 2022 :
Ethereum (ETH) :
Ethereum laid the foundation for what is now known as decentralized finance (DeFi). Ethereum’s early success has led to a large portion of the DeFi space relying on Ethereum’s blockchain. As Ethereum converts to version 2.0 this year or later, fees will decrease dramatically and a whole host of new DApps will get their chance to shine.
Chainlink (LINK) :
Tokens currently represent the vast majority of smart contract applications. Chainlink aims to bring the power of smart contracts to the real world.Chainlink makes smart contracts really smart. It also incorporates real-world data. For example, it allows farmers to hedge against a bad season. Chainlink’s potential seems limitless and many of the top DeFi apps pay huge amounts for the LINK token to use their platform.
Polygon (MATIC) :
Polygon has gone parabolic over the last year, surging roughly 100-fold over that time. Now a top-15 token, MATIC, which has a $17 billion market cap, is still one of the best cryptocurrencies to buy as 2022 kicks off.
The technology is specifically intended to scale Ethereum and allow for potentially infinite dApps to run on top of it. Roughly 72% of Polygon’s maximum supply of 10 billion tokens already exists.
Aave (AAVE) :
Decentralized lending offers higher interest rates than centralized lending with better security and anonymity. The smart contract safely holds collateral in escrow throughout the term of the loan, replacing the need for a trusted middleman. Aave offers 10% APY for certain stablecoin loans with no know-your-customer (KYC) required, a product truly unheard of in traditional finance.
Solana (SOL) :
Solana is a smart contract blockchain with an active DeFi ecosystem and over $10 billion locked-in protocols. Many see Solana and other smart contract blockchains as “Ethereum-killers”. Others see the demand for blockchain products growing to the point where many of the largest smart contract blockchains can be simultaneously fully utilized.
Solana has been embraced by Sam Bankman Fried and the FTX team, who certainly have the funds to ensure the success of the blockchain. While many financial applications require the security of a heavily decentralized blockchain like Ethereum, blockchain gaming and other applications make more sense on a high-throughput, low-fee chain such as Solana.
Enjin (ENJ) :
Sandbox (SAND) and Decentraland (MANA) have both risen over 500% since the start of October, according to CoinMarketCap data. Enjin is up almost 170% in the same time period. It’s wise to think carefully before jumping into the latest craze, especially in cryptocurrency, where speculation is rife. But Enjin is an interesting long-term metaverse project, as the platform allows users to create and trade non-fungible tokens (NFTs).
Since Enjin makes it easy for people to store and trade their NFTs no matter which metaverse or game they bought them in, it’s a cryptocurrency I’ll be paying attention to.
Elrond (EGLD) :
Elrond is one of several smart contract cryptocurrencies to grab investor attention this year. It is a faster, cheaper alternative to Ethereum and has already attracted a number of projects. Elrond recently announced a US$1.29 billion liquidity incentive program for its newly launched decentralized exchange, the Maiar DEX DeFi platform. This offers big rewards to investors who stake EGLD and MEX, the Maiar DEX utility and governance token on the platform. As various programmable blockchains jostle for position, this move makes Elrond a coin worth watching this month.
Chiliz (CHZ) :
Chiliz is a cryptocurrency that is aimed at sports enthusiasts. Fans can get involved with their favorite teams by buying fan tokens through its Socios.com | Be more than a fan platform. Token holders can vote on decisions like celebration songs, messages on the captain’s armband, and other social media activities. They can also win rewards, such as VIP behind-the-scenes access, signed memorabilia, and meet-and-greet experiences.
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