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작성일 23-09-29 23:50

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작성자Deangelo Singer 조회 22회 댓글 0건

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The broader crypto market has been going through a rather alarming time, especially throughout the month of April 2022. Top cryptocurrencies like Terra ($LUNA) have seen their prices tumbling down the charts hitting all-time lows. While governments worldwide rally about regulations on digital assets, constant efforts are being made to advance the Central Bank Digital Currencies (CBDC) projects in different countries.

In one of the weakest moments in the history of cryptocurrencies, people are confused about the future of digital assets. The market faced similar conditions the previous year and then eventually fought back. However, in the middle of difficulty lies opportunity. For those willing to invest and 'buy the dip,' here is a list of the best cryptocurrencies to invest in 2022.

Polygon ($MATIC) - Layer 2 Platform for Ethereum

Polygon is primarily categorized as a Layer 2 platform because it works alongside the Ethereum network, and is known for its ability to reduce the cost of transacting and increase the speed of transactions on the Ethereum blockchain. These are the critical features of Polygon that make it one of the integral parts of the Web3 infrastructure.

Along with its flagship product, the Matic POS (Proof-of-Stake), Polygon as a platform has been designed to scale Ethereum and build Layer 2 infrastructure such as Validium, zkRollups, Plasma, and Optimistic Rollups.

The previous year, Polygon acquired the Mir protocol for $400M, eventually enhancing Eth 2.0 scaling possibilities. Polygon ($MATIC) is a cryptocurrency that will remain in the center of Web3 for years to come.

Sandbox ($SAND) - Metaverse and Gaming Platform

The Sandbox is a Metaverse platform where gamers can play, create and monetize their activities through Non-Fungible Tokens or NFTs. Their utility token is $SAND.

Players can use NFTs as proof of ownership of digital assets in the game. Players can trade these digital items on NFT marketplaces and integrate them into their games. Moreover, the Sandbox offers players digital real estate in their metaverse, which one can purchase with the $SAND tokens.

With Facebook rebranded as Meta, we all know that Metaverse is the next iteration of the internet where individuals can play, earn, socialize and interact. Recently an unknown buyer paid $450,000 to purchase a plot of virtual land beside the digital residence of the famous rapper Snoop Dog in the Sandbox Metaverse. $SAND is one of those cryptocurrencies one should watch out for.

Filecoin ($FIL) - Distributed File Transfer and Storage

Filecoin ($FIL) is a relatively new cryptocurrency. One can invest in this crypto to gain access to the distributed data storage network, which seeks to convert unused data into a powerful business resource.

Storage space can be purchased using the $FIL token from the store on the project's website. The network is based on the InterPlanetary File System (IFPS) protocol. Apart from providing P2P sharing of storage, the network also acts as a layer to incentivize participation in the network.

Enjin ($ENJ) - Digital Assets Marketplace and Gaming Platform

The Enjin Coin ($ENJ) is another Metaverse coin focused on gaming. The Enjin platform has a lot of use cases for $ENJ, its native token, it is the all-in-one digital asset for NFTs and in-game purchases. Enjin aims to become one of the largest online gaming communities. A staggering 250,000 gaming communities with over 18M gamers are already onboard the Enjin platform.

The team working at Enjin specializes in NFTs. They proposed a token standard that won approval as a standard Ethereum token for specialized NFTs - the ERC-1155.

Like The Sandbox, Enjin distributes software development kits (SDKs) to developers to facilitate rapid integrations into games.

The Graph ($GRT) - Indexing Protocol for Querying Blockchains

Most of us are unaware of how to buy quant crypto the internet simply works without understanding the role of the universal resource locators or URLs. Without URLs, even the Google Search Engine would not be present. URLs help to index the data on the internet.

Similarly, the Graph aims to build an indexing standard for the decentralized application world. It will help to query the data on the blockchain in a much more accessible manner.

Developers use the open APIs of the Graph, which can easily access the on-chain data previously indexed by a network of node operators. The technology behind the platform is called the Subgraph. It is open-source, which helps attract developers to build decentralized apps (dApps).

High-profile projects such as Synthetix, Audius, and Uniswap are some of the Ethereum dApps built using Subgraph. $GRT is an excellent crypto token to add to your portfolio.

Chainlink ($LINK) - Decentralized Oracle Network

The primary objective of Chainlink is to solve the problem of connecting smart contracts to real-world events in the most secure manner. Smart contracts are codes that embody a particular business logic, owing to different use cases.

Smart contracts require real-world data to be fed in to meet the requirements of conditions of a proposition. These 'Oracles' are entities that connect blockchains to external systems (real-world information). They allow smart contracts to run based on the inputs and outputs originating from the blockchain.

Chainlink is primarily a network of independent oracle node operators. It provides a more secure service than previous oracle service providers.

Services provided by Chainlink are proving to be one of the most efficient services in the blockchain ecosystem. A lot of crypto projects use Chainlink for connecting to EVM-based networks. As a result, the potential of $LINK, its native crypto, is immense in the years to come.

Dent ($DENT) - Emerging Cryptocurrency Built On Ethereum

Dent ($DENT) cryptocurrency has been developed on the Ethereum network. It aims to be the best global mobile data network. The project is an entire ecosystem that seeks to create a smartphone and mobile phone user community.

Dent is primarily a data exchange platform without a central body governing it. Users can purchase mobile data and even share their data. The platform has a Dent mobile app that one can install on mobile devices. One can buy and send mobile data to anyone in the world using this app. The addressable market is huge, and hence, $DENT token has a lot of potential to make it big in the future.

PancakeSwap ($CAKE) - Decentralized Exchange (DEX)

PancakeSwap is the biggest decentralized exchange (DEX) that runs on the Binance Smart Chain (BSC). It is based on an Automated Market Making (AMM) system. The platform is a fork of Sushi Swap, a DEX built on the Ethereum blockchain.

A fork refers to a project that shares its codebase with another project, but with some differences that get added by creating additional features to the original project. PancakeSwap runs on the Binance Smart Chain, which is faster and has cheaper transactions when compared to Ethereum.

BSC is built by one of the largest crypto exchanges, Binance, and operates on a Proof of Stake consensus. Only 21 validators verify the transactions here instead of the thousands of nodes on Ethereum.



Although $CAKE is a relatively new cryptocurrency, one cannot rule out the immense growth potential of the crypto.

The crypto market is currently rangebound. one could argue that the market is at or relatively near the end of this cycle. A diversified portfolio with these crypto-assets mentioned above could soon provide investors with many upsides. Buying assets near the cycle lows for mid-term investments gives investors an excellent risk-reward opportunity.

Disclaimer: All the information provided above is merely the author's opinions and does not induce investment advice, financial advice, trading advice, or any other advice. We try to ensure the accuracy of data facts. However, we restrain from holding any responsibility for any incorrect information that might creep in. It is advised to conduct your research and consult a financial advisor before investing in any cryptocurrency coin, token, NFT, or making any financial decision based on the information provided. The third-party advertisements and hyperlinks displayed on the portal (if any) do not constitute a warranty, guarantee, how do you crypto mine or endorsement by us. Make decisions understanding the market risks and patterns.








Hey, This is Jonh Jack Wilson an independent Technology writer by Passion. Result-oriented Technology expert with good experience in education & technology roles. web3 Community how to arb crypto

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