Top 6 Coins to Collect in 2022

But if we consider the medium-term planning horizon, there are many attractive tokens with significant growth potential this year. While the crypto market is still in uncertain territory, we recommend looking first at projects with strong community support, important upcoming updates and positive forecasts.

Most programs associated with such criteria are vulnerable to decentralized finance (DeFi) and Oracles domains and events where their prices could affect the value of their currencies in the future.

Polygon (MATIC)

Polygon constantly attracts the interest of large investors and can win more than others if the crypto market rises. Despite its explosive growth in 2021, the token has not diminished its potential for further appreciation. The MATIC token was able to raise the price by more than 10,000% in 2021, and it is a competitor to renew the historic high in advance. Its capital is currently $ 11.5 billion, and at the time of writing the exchange rate was in the region of $ 1.5.

MATIC is interesting mainly due to its interaction with Ethereum infrastructure, which is growing year by year due to the high potential of the DeFi segment. Polygon is an Ethereum sidechain that allows users to reduce transaction costs for investors and make them faster with the full support of most dApps and scheduled launches.

Polygon scaling solutions increase the popularity and attractiveness of MATIC cryptocurrency. In November 2021, developers at Polygon introduced the ZK-Rollups-based Ethereum scaling solution called Miden.

In addition, Polycon Group announced a new division last year, Polycon Studios, which focuses on the NFT ecosystem and the gameplay industry. The main objective of this section is to promote targeted products and support developers in these sections. The growth of new and popular sector can also enhance the value of MATIC.

Sunlight (SUN)

“Visa for Digital Assets” – The Future of Solana (SOL) Cryptocurrency Described by Bank of America. The project team has done a lot of work in implementing its roadmap, which makes room for potential growth opportunities this year.

Key news includes the launch of Phantom Wallet, which has already attracted more than 10 million users and is recognized by OpenSea, the largest NFT market with a revenue of $ 23.5 billion. In April, Solana was added to the list of supported blockchains on OpenCee, ranking fourth with Ethereum, Polygon and Klaytn. Introducing Solana as the largest NFT platform will increase demand for SOL as the price of the currency has already risen 6% this week.

The undeniable advantage of Solana is the ability to make fast and cheap transactions, which will play in its hands against the backdrop of “reload” ether. Solana significantly surpasses Ethereum in both transaction processing speeds (above 50,000 TPS at its peak) and fees (less than one percent). The network is still lagging behind in terms of security and deployment, which can sometimes lead to disruptions.

However, the number of nodes is growing steadily, and with a capital of $ 39.7 billion, it is challenging the Solana ripple, aiming for sixth place in the Coinmarketcap rankings.

The moon

The LUNA token could benefit from rumors circulating in the community amid mounting geopolitical tensions. Previously, the secondary properties of centered staplecoins had become their most discussed properties. Against the backdrop of the frequent political intervention of major global brands in all sectors of the economy, companies like Tether or Circle have even sent theoretical possibilities to block funds in the wallets of residents of a particular country, sending waves of panic across the market. .

An alternative to these schemes are the so-called algorithmic staplecoins, which are protected by cryptocurrency assets disabled in smart contracts, not by dollars in issuers’ accounts. In the medium term, the popularity of Dai (DAI) and TerraUSD (UST) will grow, followed by an increase in the circulation of cash and tokens, which will lead to an increase in the amount of frozen assets. Emission.

The freezing of assets will lead to a decrease in supply in the open market and the creation of an imbalance in the relationship between supply and demand, thus contributing to the growth of the price of terra (luna) in the medium and long term.

Polkatode (DOT)

Polkadot is another project that will benefit from the rapid growth of the DeFi sector. The value of polka dot (DOT) has increased by 191% in the last 12 months. Next year, the token may continue its appreciation rally. One reason could be the launch of the first paracetamol auction on the Altacoin network by the end of 2022. Polkadot’s paracetamol was developed to address Ethereum’s shortcomings, making transactions faster and cheaper. As a result, Polkadot is considered one of Ethereum’s few competitors, with a competitive capacity of 1,000 transactions per second.

If technological development does not yet guarantee the development of the project token, the price dynamics will fail without the support of the masses. Take DOGE, for example. Polkadot has received support not only from investors, but also from technology-savvy users who are increasingly relocating to Polkadot to launch their projects. The site has been able to reach a wide variety of users, including traders, investors and developers.

Chain link (LINK)

ChainLink (LINK) is another pioneer that could benefit from the development of both Defy and Oracles. The expectations of investors who have been paying their funds on this token throughout 2021 may be fulfilled this year. Last year, Altcoin did not have time to demonstrate lightning growth, but the currency retained the ability to renew its historic high.

Thanks to the vast possibilities of the project, its prospects are great. Not only private investors but also large companies share this sentiment as partnerships with many of them have already been finalized and the list is constantly updated. It may be true that there are now very few projects in the market that work closely with Oracles.

Dogecoin (DOGE)

Today it is one of the most talked about currencies and its price can rise or fall by hundreds of percent based solely on the attention of the community.

Dogecoin (DOGE) has a very strong and unique community, which is not created more than investors. As the token is increasingly tied to the Elon Musk brand, the community is reacting explosively to any of the millionaire’s statements regarding the crypto market.

Musk could soon launch a token to the moon, in fact and figuratively – in May last year, he announced the launch of the Doge-1 satellite funded by Dogecoin. With the release of countdown timer ticks, quotes in the global media may rise to unprecedented levels, triggering a viral effect and spontaneous growth in token prices.

In support of Dogecoin’s high price movement, the network size has grown from $ 689 million to $ 5.95 billion in the last three days. Such dull growth in on-chain volumes indicates that investors are showing immense interest in the price of Dogecoin at the current levels.

Therefore, capital flows into the DOGE blockchain and may indicate a major boom for DOGE.

Other projects

The Cardano (ADA) and Aave (AAVE) tokens may also show impressive growth over the next 12 months. The latter group recently announced plans to create a mobile wallet, which could contribute to its price hike in the future. According to analysts, Cardano has been a very active project over the past year in terms of growth. Many upcoming technological upgrades may have a positive impact on the financial components of the ADA token.

This article was originally published on FX Empire

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