The last year has been an extremely wild ride for Bitcoin and Ethereum investors, with the value of both currencies soaring to new heights while also attracting greater institutional scrutiny.
At the same time, in an environment as tumultuous as this, many new cryptocurrencies are springing up on the market with similar growth promises — it can be difficult to determine what to pick in a field that is already extremely volatile. Here are some altcoins you should be keeping an eye on this year:
Tezos (XTZ)
Today, TZS has taken the crypto world by storm, rising more than 9% thus far. The news appears to be linked to recent acclaim for the coin provided by Ethereum co-founder Vitalik Buterin. The price of the XTZ cryptocurrency has been fluctuating wildly all day, with several experts weighing in on whether it’s a flash in the pan or a long-term crypto growth.
The enormous transaction costs and lack of transparency that are inherent in scientifically developed platforms are major roadblocks for cryptocurrency adoption. Cryptocurrencies like Tezos have gradually gained popularity among the general public. It has withstood the test of time and will continue to do so as long as it sees mass adoption.
Users of Tezos would almost always urge the use of XTZ in place of fiat currency. Many supporters of Tezos believe that virtual money is the future. The following are some of the foundations for XTZ adoption by institutions and businesses: Faster Payment process, Low/minimal payment fee and no hidden charges and accessibility.
Harmony (ONE)
The best-performing token in 2022 so far is Harmony (ONE), which has broken its December decline on the last day of 2021 and established strong bullish momentum, gaining almost 32% over the previous seven days.
Investors have been examining alternative cryptocurrencies as the main cryptocurrencies fall recently. Today, one of the most promising altcoins is Harmony (ONE).
ONE is also making a real effort to build a healthy ecosystem for NFTs, which should keep investor optimism high. With a market capitalization of about $3.1 billion, there’s still plenty of room for ONE to grow.
Theta
The Theta Network is a ground-breaking concept for a decentralized video streaming network. This is the future of entertainment.
The peer-to-peer network allows developers to offer high-quality video streams at low cost by eliminating the need for costly infrastructure. Developers don’t have to build any infrastructure since the blockchain lets them create specialized decentralized applications (dApps). Viewers may earn money by sharing their bandwidth.
The Theta protocol runs a dual-token structure, in which the THETA token is used for governance and to stake as a validator or guardian node. Theta has a market capitalization of around $6 billion as of this writing, according to CoinMarketCap.com. There are one billion Theta tokens in circulation, and that supply is unchanging. As a result, there’s no cause for concern when it comes to dilution with Theta, unlike other cryptocurrencies.
Bitgert
The Bitgert (BRISE) price prediction for 2022 has been a hot topic lately, and the crypto community thinks it will rise. There are a number of growth indicators that suggest the coin is likely to be the top cryptocurrency investment of 2022.
The first is the project doxxing. Even when an anonymous initiative is successful, problems have arisen with other anonymous projects. To increase user confidence, the team announced that it will be doxxing the project.
The second thing is the establishment of a legal entity. Finally, the Bitgert project will soon be registered as a legal right in Cayman Islands. The team has stated that the project will be founded in the Cayman Islands as a legal entity.
There will be additional products released as the project proceeds. The exchange, according to the team, is scheduled to launch in Q1-2022, and blockchain research has already begun. The two main items are expected to take the Bitgert project to the next level.
Centcex
Another intriguing project to keep an eye on in 2022 is Centcex. The currency first appeared on exchanges in November 2021. The team is developing a cryptocurrency exchange that solves the main problem with current exchanges: security and user experience.
However, the revolutionary features may propel it forward in 2022. This is a cryptocurrency that will appeal to a large number of crypto investors due to its 100% APY staking benefits.
Another major factor in 2022 will be the Centcex lab. 3% of each sale will be contributed to the development of products that will operate on the platform’s ecosystem. In 2022, a variety of developments are planned for the roadmap.
Enjin
Enjin Coin has had an excellent year, with numerous partnerships with well-known organizations. ENJ is the currency that is used to give game assets their ownership. Furthermore, Enjin is recognized for being a development platform for both scalable and interoperable decentralized technology ecosystems. Enjin Wallet, Marketplace, Beam, and JumpNet are the platform’s primary offerings. These items are heavily utilized in the blockchain gaming industry.
Enjin Coin is one of the most anticipated cryptocurrencies, with a lot of potential to revolutionize the worldwide video gaming sector. Enjin Coin has several distinct characteristics that set it apart from other gaming crypto’s and they are likely to propel further in 2022.
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