Avalanche (AVAX), Fantom (FTM), Helium (HNT), Bitgert (BRISE) &Monero (XMR) – The Best Crypto for 2022?
Crypto investors are looking for the best cryptocurrency out of Avalanche, Fantom, Helium, etc.
The crypto market is already regaining ground following the December drop, with most currencies having gained significant value. Since huge price fluctuations are so frequent, it’s difficult to expect any currency to maintain an unbroken upward trend in the long run. Still, there are a significant number of worthwhile projects in 2022 such as:
Avalanche (AVAX)
In 2021, a lot of individuals joined the Avalanche ecosystem. In early 2021, AVAX was selling for about $3. By late November, it had risen to an all-time high of more than $146, surpassing Dogecoin and becoming one of the top 10 cryptocurrencies in the world.
The Avalanche blockchain’s native coin is AVAX, a cryptocurrency that has risen in popularity as a smart contract alternative to Ethereum. In the fall of 2021, AVAX rose after a new agreement with Deloitte, which will utilize Avalanche to assist with its FEMA activities. In 2022, after the Deloitte contract, Avalanche could achieve new levels of success. With Wonderland Time, a new protocol added to the mix, the blockchain, and its token and ecosystem are geared to flourish. Over 160 projects are now part of the Avalanche ecosystem.
Fantom (FTM)
The name “Fantom” refers to a blockchain platform that can execute smart contracts. These programs enable blockchains to perform more complex transactions than simply moving money from one person to another.
Fantom is a layer-1 blockchain that is both decentralized and open-source, relying on the Lachesis consensus mechanism. The proof-of-stake mechanism used by Lachesis allows transactions to be quick, secure, and scalable.
It’s in the limelight today, as interest in cryptocurrencies on Stocktwits is continuing to grow. The FTM crypto first became tradable in 2018, and it has risen by more than 15,000 percent since then. FTM crypto is currently the 29th most valuable cryptocurrency, with a market capitalization of $6.7 billion.
The project’s team has developed fantastic products that allow developers to create and run dApps on its networks. Fantom will undoubtedly be one of the most sought-after smart contract platforms in 2022, with demand for dApps growing every day and a growing number of developers.
Helium (HNT)
Helium is a decentralized global network that rewards users for providing connectivity to new types of Internet of Things (IoT) devices. Helium allows anybody to earn cryptocurrency, HNT, by becoming a network operator and offering connections for a new breed of IoT gadgets. The project has raised over $53 million in seed, series A, series B, and Series C funding.
It’s no surprise that investors trust cryptocurrencies since they offer a high level of trust. That is because Helium (HNT) strives to support communities by forming relationships and coalitions at the community level. As per the most recent news information, the Helium network aims to empower people, with more than 8600 hotspots now in operation in 1800+ cities.
The year has been successful thus far for HNT, with the project growing to 5G coverage and HNT prices shattering previous records. We anticipate this trend to continue in 2022, especially since Helium revealed a new collaboration with major carrier Dish in October 2021.
Bitgert (BRISE)
In 2021, Bitgert (BRISE) saw a remarkable expansion, surpassing its all-time high. A DeFi protocol created on the Binance Smart Chain, has been the subject of much conversation in the crypto market since launching on July 28th 2021.
Investors are confident in the Bitgert token because it has a real-world application. The team is developing a decentralized financial system, and several products have already been released.TheBitgert Audits, Brise wallet, and Bitgert Swap are already in operation in the Bitgert ecosystem.
The Bitgert project has announced the Brise Exchange’s launch for Q1 2022, which is expected to increase the value of the Bitgertcryptocurrency. The anticipated zero gas fee blockchain will be introduced after the exchange opens. These are two major releases coming in 2022, which will make Bitgert (BRISE) one of the cryptocurrencies to watch out for in 2022.
Monero (XMR)
Monero is built on the ideas of security, privacy, and decentralization. Monero continues to advance with priorities of privacy and security first, ease of use, and efficiency second as stated on its website.
The bitcoin blockchain is public and transparent, whereas Monero employs strong cryptography to hide the identities of senders and recipients. The last couple of weeks has seen a notable rise in interest in adding Monero (XMR) to portfolios among investors. The currency has shown significant gains and trading activity, implying that there is more buying occurring.
Furthermore, as the danger of crypto regulations rises in 2022, investors will be more drawn to private and secure currencies like XMR. We expect a bolstered general market sentiment to push XMR even higher in 2022.
Investors are advised to conduct a thorough study on cryptocurrencies before investing. Since the cryptocurrency market is still in its early stages, it is highly susceptible to volatility. This implies that investors must take extreme caution when investing in cryptocurrencies to avoid losing their capital.
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