7 Best Cryptocurrencies coin to                            Invest In for 2021 & 2022

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In this post we discuss  9 Best Cryptocurrencies to Invest In for 2021 and

 2022 Whatever cryptocurrency I will tell about today, it will be all

 futuristics, it will be useful for you in the future too.


CHECK CONNECTION


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PREFACE

  • INTRODUCTION 
  • POLKADOT
  • THETA
  • POLYGON(MATIC)
  • CHAINLINK
  • CELCIUS
  • ENJINS
  • ELROND
  • CONCLUSION
  • FAQ

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INTRODUCTION -:


Bear market you know we believe that the bear market will start sometime late fall.

If Bitcoin and the crypto market continue to follow the historical cycle pattern, of

 course.There are some coins though that will continue to see some price action in

 the clutches of winter.

After all, Some crypto assets have use cases that just don't hibernate in winter.These

 are the assets with real world  Projects like this all have use cases that will keep the

 heat on for projects. Today, we're talking about 9 Best Cryptocurrencies to

 Invest In for 2021 & 2022

Let's get it! The largest and greatest crypto community  in all the Interwebs

Everyday on this blog, I show you how to make money in crypto. If you like money

 and crypto, make sure to visit the page daily 



#7 POLKADOT



ABOUT


The sole purpose of developing Polkadot is to simplify the cross-chain

 communications between data and digital assets like tokens.This will enhance the

 interoperability between a wide range of Blockchains, which will simplify the way

 of creating new applications & services from a decentralized web.

Polkadot was started as an open-source project by a Switzerland-based organization

 Web3 Foundation in 2016.



HOW AND WHERE TO BUY


DOT coins can be purchased on Crypto exchange platforms like Binance, Huobi, Bithumb, Coinbase, Kraken, and Gate.io.



LAST UPDATE 30 JULY


The last update on the core functionality of Polkadot is all about Parachains.

 Parachains are custom, project-specific blockchains integrated within the Polkadot

 (DOT) and Kusama (KSM) networks.

Currently, ‘Moonbeam’ is being developed to expand these Parachains to outside

 projects as well.Moonbeam is a Smart Contract Parachain on the Polkadot network

 that is fully Ethereum Compatible. With Moonbeam, one can create interoperable

 Blockchain applications effortlessly.



INVESTMENT SCOPES



Let’s now dive into the use cases of DOT coins.

By owning DOT coins, the users can vote on the platform for network updates,

 where every vote will be directly proportional to the DOT Cryptocurrency.

As the all-time high value of a DOT has been $50 last year, while currently, it’s $15,

 according to market experts, people investing in DOT coins now can expect good returns.



#6 THETA


ABOUT-:   Theta is the kind of project  that has everyday utility. The Theta

 Token is the governance token which is supported by Guardian nodes and

 Enterprise validators such as Google, Binance, Gumi and Samsung. TFUEL is the

 utility token for decentralized video delivery that also doubles as a gas token.

Launched in 2017, Theta is a decentralized streaming platform. There are other

 competitors like BitTorrent and BitTube, but none have the level of development

 that Theta has. Theta isn't just video streaming. It's going for the hottest segment 

in content delivery, live streaming. Currently, video streaming is supported by

 content delivery networks that are geographically located and are paid by

 delivering streaming content to end users. That's centralized. Gross. Theta has

 found a way to incentivize  a global pool of users to offer spare bandwidth by

 rewarding them with THETA and TFUEL as compensation.



PROFITS OF THETA 


Staking THETA and TFUEL in Guardian nodes in earning rewards is the other less

 well known reason that the price of Theta performs so well  between January and

 May of this year and even had a few price surges into June. Staking THETA

 generates a decent APY, and with the newly introduced TFUEL staking, well, that

 means that TFUEL that is gained from THETA staking can also be staked

 itself. THETA has a minimum requirement  of 1000 THETA to stake, and TFUEL

 has a minimum of 10,000. These accumulation targets can increase and hold the

 price of these assets as users accumulate and stake. By incentivizing crypto holders

 to use their bandwidth to earn passive income, Theta found a way to use computing

 power for higher quality streaming power without having to pay a third party.

It's easy to see how Theta has use cases  that supersedes the crypto market cycles.

After all, video streaming is only getting started. There's no doubt that we're going

 to need bandwidth in content delivery, and that is exactly what the Theta Network 

has been able to tap into. Just ask Steve Chen, co-founder of YouTube, who said,

"One of our biggest challenges had been the high costs of delivering video to

 various parts of the world, and this problem is only getting bigger with HD, 

4K and higher quality video streams.” I'm excited to be part of the next 

evolution of the streaming space, helping Theta create a decentralized peer-to-peer

 network that can offer improve video delivery at lower costs. The more Big Tech

 streaming clamps down on free speech, the more people will look for an alternative.

Theta is itself positioned to take up that mantle of streaming king of the North.



#5 POLYGON(MATIC)


Why polygon(MATIC) may be a smart investment


Polygon is addressing Ethereum’s major problems, as well as dealings fees and

 speed. For example dealings fees on plane figure square measure nearly free, cost

 accounting but zero MATIC for many transactions. Compare this to Ethereum’s

 dealings fees that price around $3-$4 on the average and might reach up to many

 greenbacks once the network is full. Polygon is additionally abundant quicker than

 Ethereum with dealings speeds taking but five seconds every.With Ethereum, the

 typical dealings time is 8-10 minutes, however that may abate significantly once the

 network is full.These factors build plane figure a sexy platform for blockchain

 developers, and as additional developers be part of the plane figure network, the

 additional MATIC can appreciate in worth thanks to demand and speculation.

Solving the measurability downside and permitting developers to deploy their own

 blockchains with one click can build it easier and cheaper for developers to form

 Ethereum primarily based dapps. This will increase adoption for suburbanised

 applications which can have a serious impact on the most important blockchain

 industries including:

Decentralized finance (Defi)

Decentralized exchanges (DEX’s)

Non-fungible Tokens (NFT’s) and additional.

Another issue that produces plane figure a promising investment is that the

 undeniable fact that it’s backed by Coinbase Ventures, the team behind Coinbase, a

 preferred crypto exchange. A billion greenback crypto exchange company having

 religion in plane figure may be a superb sign.Polygon (Matic) is presently floating

 around $1.50 and that i believe we’re still early. I will see the worth reaching double

 digits within the future.



How and wherever to shop for polygon(MATIC)


You can purchase polygon(MATIC) directly on CEX with money from any country

 within the world.If you reside in Europe (including the UK) you'll conjointly use

 Bitpanda to shop for plane figure (MATIC) directly with money.



#4 CHAINLINK


We start with a question that answers why we believe it will be a top

 coin for 2022. Who hasn't partnered with Chainlink? We've asked that many

 times,  and it's a real question. I'd like to know the answer. Chainlink and its token

 LINK is another  project that is sure to maintain traction in 2022 because it's just

 so connected  with a lot of big projects.




beneficial points 

Let's see how fast we can list them all.  

Google Cloud: for better access to cloud data.

Oracle: to monetize their APIs. 

Dapps Inc.: for real time data support  for Salesforce users.

 Reserve: to bring data feeds to help their Reserve stablecoin. 

Hedera Hashgraph: to gain access to off-chain data for smart contracts.

IOST: to foster dApps on the IOST network.

Binance: to share data with other blockchains.

BetProtocol: to provide decentralized eSports.

Ethereum Classic: to bring external data to ETC.

Chiliz: to help sports clubs mint limited 

edition sports memorabilia tokens. That's Wu-Tang levels of connectedness. ODB, 



profits of chainlink


Chainlink is so useful because its function is to be a decentralized oracle network

to provide safe inputs and outputs of information for smart contracts. Chainlink

 oracles work on any blockchain by delivering information from the outside world

and bring it into a blockchain.



how it works 



Here's how Chainlink oracles work. When a smart contract on a blockchain requires

 information, it sends out a request for information to Chainlink. This information

 could be weather information for a farming crop insurance smart contract or an

 update on asset price volatility. the request is then registered as an event  in the

 Chainlink protocol, and it creates a smart contract called the Chainlink Service

 Level Agreement contract, or SLA, to get this data. The SLA then generates 

three subsequent contracts, a Chainlink reputation contract to check the

 oracle providers track record, a Chainlink order-matching contract to

 deliver the contract request to the Chainlink nodes and take bids on the

 requestand the Chainlink aggregating contractwhich takes the data from

 the oracles and validates the result. Chainlink nodes translate the

 requests from real world data sources, all different types of hustles and

 flows, then collects the data from the sources. The collected data is then translated

 to on blockchain programming language and sent back to  the Chainlink

 aggregating contract, where the result is validated. Chainlink is used

 by so many blockchains and is vital in so many partnerships that its use case

 goes beyond crypto market cycles. This is why I believe Chainlink will be

 making moves in 2022.




#3 CELCIUS

Grow your stack at all times however you can. And using Celsius is a great way to do

 that. The Celsius token has some serious staying power for one of 2022's top

 performing assets. Operating on the Ethereum platform, Celsius or CEL is a utility

 token native to the FinTech or financial technology space Celsius Network

 platform,which, by the way, is an SEC compliant lending platform that allows its

 users to deposit crypto assets for interest and/or take out crypto collateralized loans.



ABOUT



Celsius is a US-based platform that is headed up by tech visionary and crypto

 maximalist Alex Mashinsky. Alex is a solid guy and wants the world to embrace

 crypto ASAP. And in that push for adoption, Celsius is taking security very

 seriously. Celsius recently updated its backing to Fireblocks, cybersecurity-

focused platform that stores, transfers and issues digital currencyNo

 matter how you guard your stack from the long winter, there's no doubt that

 earning interest on coins, especially stablecoins, is a great way to make gains in th

 2022 crypto market.



AIM


The Celsius Network aims to challenge conventional banking by making savings,

 lending and payments faster, easier and more accessible.



PROFITS OF CELCIUS



Celsius returns 80% of its earnings to its users for awards and better interest rates.

The way Celsius does this is they overcollateralize crypto lending in a process called

 rehypothecation, which means funds are lent to bigger investors such as hedge

 funds who want exposure to crypto from a source they can trust. Celsius' main

 advantage as a top pick for 2022 is the benefit of staking stablecoins for

 ready gains, especially if the crypto markets are facing a bear trendThe

 Celsius platform accepts more than 35 tokens for staking including Bitcoin,Litecoin

 and stablecoins such as USDT and DAI. APY depends on the demand for the token

 at the time, but its interest rates are almost always higher than what you typically

 see with traditional banks. Users who gain interest in CEL tokens receive a 30%

 higher payout.





#2 ENJINS



ABOUT



 No. 2 top coin in 2022 is Enjin, the blockchain that is leading the pack in minting 

game items in the multiverse of gaming. What's the gaming multiverse?

Well, the gaming multiverse means that a game item can be brought from one game

 to another. The list of Enjin games is 42 titles long and includes Lost Relics, The Six

 Dragons, Age of Rust and Kingdom Karnage. All games I play every day. Many of

 these games have Enjin wallet integration, allowing each player to manage 

their blockchain item inventory.



PROFITS OF ENJINS


Enjin has seen some sizable price action this year. If you bought in December,

you'd be up over 700% as of the recording of this video. That's just proof of how 

well-positioned Enjin is in the market. No season pass required for those gains.

But the launch of the Enfinity coin brought staking to Enjin coin,where users can

 stake Enjin tokens to receive Efinity or EFI. Full disclosure, I'm personally invested

 in Efinity, which was purpose built on the Enjin network for NFTs.




HOW IT WORKS 



Efinity tokens are used to incentivize growing the Enjin ecosystem and will be the

 first ever paratoken, which means soon it will be compatible with Polkadot.

When an NFT is minted, the Enjin contained in the NFT will automatically be

 staked, earning the user EFI rewards. Enjin is leveling up what gamers can do with

 the multiverse and incentivizing gaming in new and attractive ways. Give the bear

 some video games, and it might come out of hibernation to go buy a new TV to

 game on. We're expecting the same results in 2022 if the crypto markets have a lull

 in price action. It's a no brainer that Enjin's gaming applications will continue to thrive.



#1 ELROND


ABOUT


Elrond is a high throughput public blockchain focused on providing security

 efficiency scalability and interoperability by employing two key elements adaptive

state sharding and a new secure proof of state consensus mechanism value

proposition 



HOW IT WORKS


ELROND's goal is to be a high throughput fast transaction speed and low

 transaction cost platform allowing efficient and competitive D app user experiences

 in real-world use cases Elrond believes that it's high scalability fast transaction

 speed and low transaction cost makes it well suited for machine-to-machine

transactions and the IOT economy key features Elrond is a complete redesign

of blockchain architecture with the aim to achieve global scalability anD

near-instant transaction speed Elrond focuses on combining three key

innovations adaptive state sharding transaction data and network sharding

plus shard merges and shard splits in real time




SECURITY 


secure proof of stake stake for a civil prevention plus random reshuffling of the

 consensus group plus fast BFT like consensus formally verified VM and smart

 contracts on sharted architecture with balanced nodes on shards additionally we

 have consensus in two communication rounds with modified BL s multi signatures

security with 99% malicious actors using fisherman Channel secure randomness

 beacon with BLS signing low system requirements test net live exceeding 12

 thousand plus transactions per second with just five shards they have a road map

 listed here as well and a distribution chart for their ard token their token model as

 well as a background on their team and who they are partnered with such as nash

 'not Opia typing DNA smart bill and distributed systems Research Laboratory

DSR L came back over the coin market cap side here they have a little bit of a

description we will also be reading this for you guys our on describes itself as

a new blockchain architecture designed to bring a 1,000 fold the cumulative 

improvement in throughput and execution speed to achieve this Elrond introduces

two features adaptive state sharding mechanism and a proof of stake POS algorithm

 enabling linear scalability with a reportedly fast efficient and secure consensus

 mechanism thus Elrond can reportedly process upwards of 10,000 plus

 transactions per second 



AIM

 it aims to become the backbone of a permissionless borderless globally accessible

 internet economy take a look at the chart here we can see the relationship of Elrond

 and green Bitcoin in gold and the finance coin on red we're gonna go and remove

 the B NB C the relationship between that of our on end of Bitcoin looking back at

 this we see around July of 2019 around June is actually when we saw a Bitcoin hit

around $14,000 so this following on a downtrend afterwards and it's me to see

four start shows a little bit of a relationship potentially and then things

start to line out and flatten out their all-time low October 6 2009 teen at less than

 one cent or point zero zero one three four two United States dollars all-time high

 was earlier the same year in July 14th 2019 at point zero zero seven five two for

 United States dollars market rank as of the time of this video is number 183 on the

 list Iran's return investment at 149 point four or five percent market capitalization

 over thirteen point seven million dollars volume in last 24 hours over 2.7 million

 dollars circulating supply eight billion four hundred eighty million five hundred

 fifty seven thousand and five ERD and a total supply

of twenty billion ERD as far as the source is working with our on AKA erd at the

 time the video we have seven being listed here sources and pairs are intertwined

 sources included by Nance the lack see bit Max and by Nance Dex



Disclaimer: Please note that we do not own or claim to own any of the data

 presented here. This is purely a knowledge-sharing research based on our crew’s

 research conducted for the past few months.

And we are in the process of creating more such blog on Blockchain &amp

 Cryptocurrencies. Stay tuned!




                                              CONCLUSION


cryptocurrency are the best way to make money for investors Whichever currency

 we have described above will be effective in both 2021 and 2022, you are likely to

 get a lot of returns from them.Apart from all this, another coin which is in more

 progress, according to the recent report, if you invest in Ethereum, then you can get

 a good return in it.So that was all in today's session, I hope you all find this article

 helpful, see you in the next session.


                   FAQ


  • Is cryptocurrency a good investment ?

ans- Investing in crypto assets is risky but also potentially profitable. 

  • How long should you hold Cryptocurrency?

ans- Buy cryptocurrencies that you believe will increase in value, and hold on to them for at least three to five years


  • Can the IRS track bitcoin?
ans- definitely yes

1 Comments

  1. Have you heard of a new Utopia USD stablecoin and its privacy coin crypton? https://u.is/en/currencies.html I think it will equally compete with many popular coins. The market is changing and I'm sure it won't beat Bitcoin, but will take it's leading place in a certain niche.

    ReplyDelete

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