The world of cryptocurrencies is at an all-time high. Now is an excellent time to research the best cryptocurrency available and decide which ones to invest in. You can also profit from the trend by getting involved in cryptocurrency development or coin creation.
The cryptocurrency market has now surpassed the three trillion dollar mark, thanks to recent price increases in Bitcoin and Ethereum. It isn’t all sunshine and roses, though. Throughout 2021, the market was unstable, and the prices of several coins fluctuated dramatically. Despite these drawbacks, several cryptos will undoubtedly survive the test of time.
The key to successful crypto investing is to avoid rash judgments and snap decisions. In this market, thought takes precedence over impulse. Take the time to research, locate, and identify cryptocurrencies with long-term plans.
It’s also worth remembering that multi-fold returns in altcoins can happen in a matter of seconds. With that in mind, let’s take a look at seven cryptos that are expected to soar in 2022. Take note of these coins because they have the potential to make you wealthy next year.
Market Move (MOVE)
The rug pull trick is one of the challenges that cryptocurrency investors face. Investors see a coin with appealing features that meets all of the criteria. So they put money into it, and the coin is delisted from the exchange, and the developer disappears with the money.
MarketMove aims to solve this issue with AI-powered contract audits. This platform distinguishes between high-quality crypto projects with proven use cases and completely speculative crypto projects.
Another noteworthy feature is MarketMove’s ability to affect significant change in a single area. Stop-loss and limit orders are not currently available on DEX when buying or selling. These features will be added to the project for the benefit of the investors.
MarketMove has a one-trillion-token initial supply on the token side. However, more than three-quarters of these tokens were burned right away.
Furthermore, the MOVE token is a hyper-deflationary asset. Typically, when a user buys or sells a token, they pay a fee. The token supply is reduced as a result of the burn, and holders can earn reflection. MarketMove plans to add staking protocols to its platform in the future. Staking can provide users with additional returns.
Overall, the MOVE token is an excellent long-term investment. Furthermore, the coin’s creators plan to launch a major marketing campaign in the first quarter of 2022. As a result, many investors believe the coin will provide multiple returns in the coming year.
Feed Every Gorilla (FEG)
The FEG token is another token worth considering as an investment in 2022. This token has the potential to provide multiple returns. This token’s goal is to establish a decentralised transaction network. The Ethereum and Binance Smart Chain platforms are used to run this network.
There are two compelling reasons to invest in this token.
The first is that FEG is working to develop smart decentralised finance. The previous year and this year were watershed moments for decentralised finance, and the sector exploded. According to reports, the total assets available in decentralised finance exceed $200 billion USD. FEG intends to continue improving and innovating in the industry.
In addition, with a current supply of 42 quadrillions, the FEG token is a hyper-deflationary token. The supply is currently high, but the Ethereum and Binance Smart Chain networks are constantly being burned. As a result, each transaction causes a 1% burn rate, gradually reducing the supply. In addition, every transaction earns the holders a one percent tax reward.
inSure Defi (SURE)
The world’s first insurance ecosystem with staking options, according to this token. Sure was created to protect investors from investment scams, rug pulls, and portfolio devaluations.
Users must first buy the SURE token and then apply for insurance. Seven days after the SURE token is placed in the digital wallet, the insurance kicks in.
The first plan necessitates the purchase of 2,500 SURE tokens. These tokens cover one thousand dollars in insurance for four months. A different plan necessitates the purchase of 500,000 SURE tokens. This plan provides two years of insurance coverage for a total of $140,000 USD.
SURE token brings change to a space where more scams and money-laundering schemes are being perpetrated on a daily basis. It’s also worth noting that the SURE tokens offer a 60% annual percentage yield. Another intriguing fact is that the token price has increased by 200 percent in the last year.
Any investor here benefits from the insurance factor as well as the advantages of token holding. In 2022, an increase in the number of investors looking for insurance coverage will increase the token demand-supply, resulting in more growth.
Internet of Energy Network (IOEN)
The global community is currently looking to clean energy as a solution to the fuel crisis. Because of its strong use case, the IOEN token is an intriguing choice.
The project intends to use blockchain technology to allow homes to collaborate as a smart, cooperative electricity system. The IOEN will be able to create several small-scale grids as a result of this process, which will allow renewable energy to flourish.
Initially, the IOEN token was listed on the Uniswap platform. The company, on the other hand, has begun the process of listing on a centralized exchange. The advantage is that users can buy the IOEN token without having to pay a high Ethereum gas fee like they would on a regular DEX.
Rari Governance Token (RGT)
RGT is one of the best-performing stocks on this list, with returns of over 12,000% in the last year. Experts, on the other hand, believe that the coin’s value will rise to the three-digit mark. The token’s limited supply is the basis for this claim. The maximum supply of RGT coins in circulation is twelve and a half million.
The Rari token is a non-custodial, decentralized DeFi token that earns rewards for users on its own. Users can deposit cryptocurrency here, and the token will begin earning interest for them.
Rari also launched “Market,” a flagship interface on Polygon for interacting with the Fuse network. The RGT token’s goal is to provide investors with financial technologies that are only available to the wealthy.
In the last year, the value of MANA’s token has increased by more than four thousand percent. As a result of this surge, the token has become popular on a number of cryptocurrency exchanges. Decentraland, for example, is a virtual reality platform based on the Ethereum network. People can use this platform to create and monetize their content.
The platform aims to capitalize on the fact that people are spending more time online for both work and pleasure. There is a large audience here, and the platform is growing in terms of both audience and token price.
Users can use the MANA token to buy land, services, and goods on the virtual platform. Furthermore, the token encourages the creation of content, which can have a direct impact on user growth. Overall, the MANA token is expected to rise in value as the virtual world expands in 2022.
The cryptocurrency industry is expanding at a breakneck pace. Every day, we see more growth in the industry, and people can’t get enough of it. Everyone wants to put money into this area and profit from it. They don’t know where to pool their money, so they’re vulnerable to scams and Ponzi schemes.
This list highlights the tokens that have the most potential for the coming year. Users will be able to make an informed decision before investing as a result of this.
Learn more from Crypto and read Crucial Points to Know if You Work With Cryptocurrency.