Best potential coins to look upon in 2022 !

To make it easy for you to find out best potential coins which might perform well this year, here is the list of some of them as our pick

Cryptocurrencies are no doubt one of the hot topics of these times. Many of you might be searching best of them for various reasons, for investment purposes or just curious to check their potential or for an overview of the crypto market. Whatever the reason, it’s good to have a look at them. 

Ethereum (ETH)

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A decentralized and open source blockchain network that introduced so many features of technology that further worked as leverage for numerous other projects and cryptocurrencies. One of the features is decentralized smart contracts executed on the network.   

Considering its feature-rich blockchain and network capabilities, its cryptocurrency ETH can also shine in upcoming times. Looking at the figures, we can see that the price of altcoin had been at its lowest of $0.42 in Oct 2015 that in the time period of six-year years reached $4891 in Nov 2021. However, currently, it is trading at $3062, whereas many pro ETH users have made an ethereum price prediction to go up to $5300 for this year and it might go far once highly anticipated Ethereum 2.0 will launch. 

Cardano (ADA)

Another anticipated network is Cardano blockchain, which is the same as Ethereum but better in transaction fees and speed because of its features. And those capabilities make it being called Ethereum Killer. 

Cardano blockchain’s native cryptocurrency ADA was at its all-time low of $0.017 approx four years ago. Still, it tremendously moved upwards and attained a high of $3.10 in Sep 2021, although currently trading at $1.18. The network has huge plans for the future, which may result in new highs in ADA’s price. 

Polkadot (DOT)

It’s a multichain network that uses a sharding mechanism that gives it the capability to process transactions on several chains, making it far more scalable, called parachains. The network uses a sophisticated governance system with its token ADA holders capable of voting inside the system.

Polkadot native cryptocurrency DOT has $2.6 as its lowest trading value in Aug 2020, which obtained a $55 mark in Nov 2021. Currently, it’s trading at $22, which is approx 60% less than its highest. 

Terra (LUNA) –

Blockchain protocol uses various fiat currencies to peg its stablecoins, making it a strong contender in stable global payments systems as it powers the system’s price. The blockchain network offers affordable and fast settlements, whereas its currency provides stability and wide options for adoption.

Currently trading at $58.4, LUNA showed massive growth from its price at $0.12 in Mar 2020 to $103 in Dec 2021.

Tron (TRX) – 

Entertainment and content creation today is an important part, and it will obviously continue to a larger extent. Keeping this view in consideration, the blockchain network makes the ways for content sharing and creation. It makes it easy for creators and artists to freely work and produce their art without intermediaries as well as censorship. For this purpose, various Dapps projects preferred the Tron network. 

Tron provides a fast TPS rate, and its native currency is TRX which Dapps, traders and investors use on the platform. Currently, it’s trading at $0.06, which is almost 77% down from its $0.30. 

Harmony (ONE) – 

Harmony blockchain is one of the blockchains mainly focused on speed. Fast operation for transactions rapid movement of trading all is that matter for the network. It’s a common phenomenon too. With speed, there’s a possibility of compromising with security, although the network focuses on attaining its aims without any lapse. 

The developers and projects which require speed, prefer the Harmony network and use its ONE token. From its low of $0.0012, it’s trading at a very high of $0.22 at present, although that’s 40% lower than ATH of $0.37.

EOS (EOS) –

The blockchain network launched in 2018 has focused on being as simple as it can so that it would be a preferred choice for developers. Its frictionless smooth working, and scalability, more than most available networks, gives EOS an extra edge. 

The operating system of the network EOS.IO mainly compares with the best available operating systems in the market like Windows and iOS. EOS Token runs the platform services for different aspects, such as governance, voting, transactions, etc. It’s trading at $2.71, a huge discount of 88% from its ATH of $22.8. 

Avalanche (AVAX)

AVAX is considered the fastest smart contract network in terms of finality time. Avalanche literally blew the blockchain tech applying theoretical possibilities and expectations from tech in its network to a very large extent. Be it speed, low cost and energy efficiency.

Network’s native cryptocurrency AVAX used for various on-chain operations, from payment to staking. Its scarcity is what makes it unique, which is trading at $90.63 almost at a 38% discount of ATH $146. 

Chainlink (LINK)

Chainlink is one of the prominent networks in blockchain tech in terms of its working as it fulfils the basic requirement through its oracle network. In layman’s words, smart contracts need data to act on, which they can’t get directly. Here’s where Oracle networks come into play and feed off-chain data from the outer world to smart contracts and sometimes vice versa. 

Its LINK token is used for tasks needed to run on the network, and Chainlink also planned to initiate some rewards systems for token holders. At present, LINK is priced at $19.3, which is far below than its highest attained mark of $52.8.

Vechain (VET)

The network works to make existing business, and tech models work efficiently. Traditional businesses lack smoothness and frictionless procedures, which Vechain developers thought could be achieved and started working for it after its launch in 2015. Since then, it’s consistently working for it, and results came out as significant successes with government bodies and high profile clients who use its decentralized trust layer. 

VET coin itself is popular inside as well as outside the network. The coin was at its best price of $0.27, which is currently down at least 75.68% and trading at $0.068.

Disclaimer 

The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not establish the financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.