The world of cryptocurrencies is at an all time high. Now is a good time to look at the best cryptocurrencies in the industry and find which ones to invest in. In addition, you can also take advantage of the trend by entering cryptocurrency development or creation of cryptocurrencies.
The recent rise in the prices of Bitcoin and Ethereum led the cryptocurrency market to hit the three trillion mark. However, it’s not all sunshine and roses here. The market faced instability throughout 2021 and the prices of various currencies changed drastically. Despite these drops, several cryptos are sure to stand the test of time.
The key to a good investment in cryptocurrencies is to avoid quick evaluations and impulsive decisions. This market values consideration over momentum. Take the time to research, find and identify cryptocurrencies with ambitious roadmaps.
It is also essential to remember that multiple returns in altcoins can happen in seconds. With that understood, now is the time to look at seven cryptos that are poised to emerge in 2022. Take note of these coins as they could make you rich next year.
Market Movement (MOVE)
One challenge that cryptocurrency investors face is the pull the rug trick. Here, investors see a coin with attractive returns that ticks all the boxes. So they invest in it and all of a sudden the coin is delisted and the developer runs off with the funds.
MarketMove aims to address this issue through AI-powered contract audits. This platform separates quality projects with strong use case scenarios from completely speculative crypto projects.
Another notable feature is that MarketMove can make significant changes to an area. Currently, buying and selling on DEX does not allow stop losses or limit orders. The project plans to introduce these features for the benefit of the investor.
On the token side, MarketMove has an initial supply of one billion tokens. But, more than three-quarters of these chips were burned early on.
Also, the MOVE token is hyperdeflationary. Typically, users who buy and sell a token incur an associated fee. This burning reduces the supply of tokens and holders can gain reflection. In the future, MarketMove intends to launch participation protocols on its platform. Staking can provide additional returns to users.
In general, the MOVE token is the ideal option for any long-term investor. Furthermore, the company behind the coin intends to drive a huge market in the first quarter of 2022. As a result, many investors are speculating that the coin will provide multiple returns in the coming year.
Feed all the gorillas (FEG)
Another token worth considering as an investment in 2022 is the FEG token. This token can provide multiple returns. The goal behind this token is to provide a decentralized transaction network. This network operates on Ethereum and Binance Smart Chain platforms
There are two reasons to consider investing in this token.
The first reason is that FEG is developing smart decentralized finance. Last year and this year were historic times for decentralized finance and the industry flourished. The total assets available in decentralized finance are said to exceed two hundred billion dollars. FEG plans to bring further improvements and innovation to the industry.
Furthermore, the FEG token is a hyperdeflationary token with a current supply of forty-two quadrillion. Currently, supply is high; however, there is an ongoing burn on the Ethereum network and Binance Smart Chain. Therefore, each transaction triggers a consumption rate of one percent and gradually reduces the supply. Additionally, holders earn a one percent tax reward on every transaction.
This token claims to be the world’s first insurance ecosystem with staking options. Sure’s purpose is to protect investors from scams, trading companies and portfolio write-downs.
Users here must purchase the SURE token and apply for insurance. The insurance is activated seven days after the SURE token is placed in the digital wallet.
The starter plan requires the user to purchase 2,500 SURE tokens. These tokens provide insurance for four months and cover one thousand USD. Another plan requires the user to purchase 500,000 SURE tokens. This plan provides insurance coverage for two years and the amount of 140,000 USD.
The SURE token brings change to a space that sees more scams and stolen funds schemes on a daily basis. Also, keep in mind that SURE tokens provide a sixty percent annual percentage yield. An equally attractive fact is that the price of the token increased by two hundred percent in the last twelve months.
None investor here benefits of the insurance factor and the advantages of token holding. An increase in investors seeking insurance coverage in 2022 will increase the supply of token demand and translate into additional growth.
Internet of Energy Network (IOEN)
Currently, the global community looks to clean energy as a solution to the fuel crisis. The IOEN token is an interesting choice, thanks to its strong use case.
The project plans to use block chain technology that allows homes to work together as a cooperative and intelligent electrical system. This process ensures that the IOEN creates several small-scale networks that open up opportunities for renewable energy.
Initially, the company listed the IOEN token on the Uniswap platform. However, the company has now started trading on a centralized exchange. The benefit here is that users can buy the IOEN token without paying a high Ethereum gas fee that is seen on regular DEX.
Rari Governance Token (RGT)
RGT is one of the best on this list, having had returns of over twelve thousand percent in the last year. However, experts believe that the value of the coin will move to the three-digit mark. The reason for this statement is the limited supply of the token. The RGT coin has a maximum supply of twelve and a half million in circulation.
The Rari token is a non-custodial decentralized DeFi token that independently earns rewards for users. Here, users can deposit cryptocurrencies and the token starts generating returns for them.
In addition, Rari also released “Market”, a flagship interface for interacting with the Fuse network on Polygon. The purpose of the RGT token is to provide investors with financial technologies intended for the elite.
The MANA token price has increased by more than four thousand percent in the last twelve months. This increase resulted in the token trending in several cryptocurrency platforms. For example, Decentraland is a virtual reality platform that operates on the Ethereum network. Here, people can create and monetize their content.
The platform aims to capitalize on the fact that people spend more time in the digital world for work and pleasure. There is a sizeable audience here, and the platform shows growth in terms of audience base and token price increase.
The MANA token allows users to purchase land, services and goods on the virtual platform. Additionally, the token incentivizes content creation, which can directly affect user growth. Overall, the MANA token may recover further as the virtual world grows in 2022.
The cryptocurrency industry is growing by leaps and bounds. We see more growth coming from the industry every day, and people can’t get enough of it. Everyone wants to invest here and reap the benefits. However, they don’t know where to pool their money and are open to fraud and Ponzi schemes.
This list highlights the tokens that show promise in the coming year. That way, users can make an informed decision before investing.
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