Following the roughly threefold increase in the value of the cryptocurrency market in 2021, you may be ready to take your first steps into the future of the financial world.
Ethereum (ETH) and Bitcoin (BTC) have both declined significantly since the end of last year, suggesting that now may be the ideal moment to purchase these popular cryptocurrencies at a considerable discount.
However, it is wise to invest in emerging cryptos, since they have the most potential for value movement. Explora Chain (EXPL) – a new cryptocurrency, has the potential to deliver enormous profits in 2022 and beyond.
Market Movement
One of the primary reasons people dislike cryptocurrency ownership is due to its tremendous volatility. When you examine the two most valued and well-known cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), you’ll see that they often fluctuate by 10% or more daily.
This kind of volatility is nearly unheard of in large-cap companies. Investing in an unproven asset class requires the fortitude to ride through the market’s ups and downs while maintaining an eye on the long term.
Diversification
Nonetheless, possessing the world’s two largest cryptocurrencies are credible investments. Bitcoin (BTC) and Ethereum (ETH) are gaining traction in the global financial community.
For instance, JP Morgan just published a paper predicting that BTC would reach $120,000 in the next five years.
Given the current price of Bitcoin (BTC), which is approximately $37,200, this would represent a very substantial return on investment. Certainly, more than the current rate of inflation.
A diverse portfolio, on the other hand, is a good portfolio, and small-cap or emerging cryptocurrencies have the potential to skyrocket thousands of times in a matter of months.
For instance, Solana (SOL) increased by more than 10,000% last year.
Crypto-gaming
Explora Chain (EXPL) is a new cryptocurrency that has the potential for tremendous growth in 2022. This cryptocurrency has just begun its presale, and with its debut only weeks away, it represents the greatest chance for holders to get in early and avoid the initial coin offering (ICO) rise.
EXPL’s primary goal is to take a metaphorical train to the future and give you a new innovative platform that allows passive income via staking, as well as exciting futuristic features such as a launchpad play to earn games and a NFT (non-fungible token) marketplace.
The fast progress and use of Blockchain technology across other industries have even piqued the video gaming industry’s interest in cryptocurrencies and their applications.
Crypto-native games allow players to earn money while they play, effectively overhauling the traditional online gaming sector.
EXPL is attempting to create games that are both unique and compelling. One of their objectives is focused on the scenario where their users are having a great time whilst simultaneously benefiting financially. Whilst traditional games have largely revolved around the amusement.
This cryptocurrency will incorporate the opportunity to make real money while playing.
Moreover, what will make their game stand out in the industry is that virtually every object will take advantage of the creative capabilities offered by blockchain technology, which is, above all, decentralized.
This means that the players will genuinely own their game assets, which they will be able to sell freely with other players or swap for the EXPL token, which can later be converted to fiat.
Furthermore, their game demonstrates the more classic scenario of increasing technology producing new opportunities rather than incrementally valuable objects.
The world of cryptocurrency gaming is a new source of Exploration and will open up incredible opportunities for the future.
Find Out More Here:
https://presale.explorachain.io/
https://t.me/EXPLORACHAINOFFICIAL
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Source: https://coinpedia.org/guest-post/new-to-cryptocurrency-best-choices-for-2022-bitcoin-btc-ethereum-eth-the-explora-chain-expl/