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.
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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
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#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.
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 &
Cryptocurrencies. Stay tuned!
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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.
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