Login Register

These 3 Cryptocurrencies Could Skyrocket In 2022

By Dr.Dang March 22, 2022, 8:02 p.m.
These 3 Cryptocurrencies Could Skyrocket In 2022

Cryptocurrency skyrocketed in 2021 as a form of digital asset. In 2022 still, we should expect to see more than what was there in 2022. So these 3 cryptocurrencies should be watched closely as they are likely to skyrocket in 2022.

These 3 Cryptocurrencies Could Skyrocket In 2022

These three top digital coins to watch in 2022 include: Kadena, Avalanche and Ethereum. Kadena became one of the biggest winners in the crypto market in 2021 and the momentum it gained is likely to continue. Avalanche's ecosystem has surprised many, given the rate at which it grows. Thanks to a robust blockchain infrastructure.

Ethereum wasn't that big in 2021 but given that there's a major upgrade on the way, it could soar up.

2021 even amid the COVID-19 pandemic will go down in history as one of the best years for stocks. It will however be known big as the year in which cryptocurrency picked momentum. Even though there was a pullback at the end of the year, many cryptocurrencies found a space in the digital space over the last 12 months.

The new year is upon us and investors are focussing squarely on nothing other than the future. There's no guarantee how the assets will perform in future, of course. However, investors need to watch closely these three digital coins since they're likely to win big in 2022.

Kadena

Kadena as a cryptocurrency boasted upto more than 5000% gains in 2021. THe digital coin ended 2021 at over 8,000%. Just like mother crypto, Bitcoin, Kadena's blockchain uses a proof work protocol.

The major problem with most PoW blockchains is that they aren't scalable. For Kadena however, it uses a braided multi-chain architecture with tremendous scalability.

It now has the ability to process over 480,000 transactions per second. Most developers are also now attracted to Kadena's abnormal low costs. Even after an impressive performance in 2021, Kadena still ranks No 63 on CoinMarketCap's list of top cryptocurrencies. This can't even be close to something to crack upto the top 10 in 2022. We however think that this coun has the potential.

The last two

Avalanche

2021 became the breakout year for Avalanche. Associated native tokens vaulted more than 3,00% higher. As of the current rankings, it sits at number 11 on CoinMarketCap's  ranking of the top cryptocurrencies by market cap.

The Avalanche blockchain is so fast that it can process over 4,500 transactions in one second. Again, Avalanche is the fastest platform that supports smart contracts. An approximate of 160 projects are now already on the Avalanche ecosystem. The blockchain could as well gain cult status and accelerated adoption in 2021.

Anith thing that probably puts Avalanche ahead is that Deloitte is building a cloud-based disaster recovery platform on it's blockchain.

Ethereum

Ethereum hit more than 400% in the just ended year. That might look small compared to the impossible gains of Kadena and Avalanche. It's worth noting however that the cryptocurrency is of a higher value and still we should never underestimate it's explosive growth potential.

Just before we forget, Ethereum delivered almost 5 times last year despite all the ups and downs, some of which you know. It's network is slow and can only produce around 14 transactions in one second. It's high transaction fees also made some developers to switch to other platforms.

This shouldn't worry you however, as there's some changes on the way. A new upgrade, Ethereum 2.0 will enable the blockchain to process more than 100,000 transactions in a second. Transaction costs will also drop. These improvements alone will attract a massive following to the already big platform. Remember Ethereum's market cap of about $445 billion is the second largest after Bitcoin. There's just a possibility that it could capture the top spot.

Do you find this content interesting?
This is just a MIRROR ! Find us via our Main TOR domain
http://noirnewsvytq5amwtmakwpw7ioxxdggub273wn4uqamshcmvsfezwgid.onion/
And Let us know by leaving a comment and a rating.

Also, don't forget to follow our Official Telegram Channel to stay informed and safe by Reading  NOIRdotNEWS

0 Comments

Please visit our onion version to comment.