Many of you have been asking me, what are your Top 5 Cryptocurrency you should have 2021-22?
I’m going to give you my top 5 Cryptocurrency you should have, explain why I believe they all still have so much potential.
Just two quick things before we begin.
-First I’m not qualified to help you with anything related to finance this Article is just educational purpose.
-Second I hold the cryptocurrencies I’ll be discussing.
If this is your first time visiting my name is Frank, crypto is my thing the CryptoNewsmart is where you’ll find the highest quality content about anything crypto, coins, tokens, news, reviews, exchanges, guides, regulations, tools, market moves, and crypto conspiracies too. If this are the things you like you are at the right place.
Top 5 Cryptocurrency you should have;
Has gone through the roof recently surpassed Bitcoin in daily active wallet dresses. It has a much higher chance of achieving its upside potential and this is for many reasons, but starters ERP recently went live on the ethereum blockchain, as part of the London upgrade could turn into a deflationary asset with enough network activity since a portion of every transaction fee is now burned and basic economics dictate, if the supply of something decreases while the demand for it stays the same, or even increases the result is an increase in price.
Has much more room to grow and this is for many reasons, the status ADA has maintained its bullish momentum against all odds, it is held up strong despite the recent downturn and is still in a very visible up Trend. This is because cardon’s best days are still ahead of it its long awaited smart contract update that are going to see the price rise. Ada has also seen a significant degree of interest from institutional investors who see cardano’s peer reviewed proof of stake protocol, as a more environmentally friendly alternative to proof of work. Although ada is unlikely to see an ETF anytime soon, it is waiting to get its own greyscale trust, as per the filings made in January this year. Some public institutions such as the University of Wyoming, have also started staking ada for passive income, and others like the government of Ethiopia are leveraging the cardano blockchain but digital identity solutions.
Is seriously significant because it’s currently the only cryptocurrency which can process as many transactions as a traditional payment processor, like visa or MasterCard. Solana also has a novel architecture which divides validator notes on the blockchain into DAP, specific clusters solana staking rewards are about 7% per year for both validators and delegators with a five day unlock. Miss behaving validators will eventually lose 100% of their stake for messing with the blockchain. Soul’s initial supply is 500 million and it has a diminishing annual inflation rate which begins at 8% an falls to just on1% percent after 15 years.
Is simply the preferred layer two scaling solution for ETH. It’s fast it’s cheap and it’s compatible with anything made from Ethereum. Polygon combines the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system. Polygon solves pain points associated with Blockchains, like high gas fees and slow speeds, without sacrificing on security. This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc, but with at least three major upsides:
-able to fully benefit from Ethereum’s network effects
-It is inherently more secure
– more open and powerful
Is the fastest growing stable coin in cryptocurrency its market cap has grown from just 200 million to over 2 billion since the start of the year. Luna is used to collateralize the UST stable coin $1.00 worth of Luna is always convertible to one UST and this creates an economic incentive for market participants to constantly arbitrage between the two. The reason why UST is being so popular is because it’s used in two of terrors many powerful protocols. The first is mirror which allows you to trade synthetic stocks against UST and it’s become the most popular synthetic stock trading protocol in cryptocurrency with over 1.6 billion in total value locked. The second powerful terror protocol is anchor which leverages staking and lending rewards from other blockchains to offer a stable annual interest rate of 20% on UST. Not surprisingly anchors total value lot is also sitting at around 1.6 billion which suggests that both Amir and ANC tokens are insanely undervalued.
I’ve made some assumptions about you and your basic knowledge of investing and the cryptocurrency market: You may have heard of or even own some cryptocurrencies, but you don’t really know how they work. If you will like to know more I recommend to read this article.
So this is My Top 5 Cryptocurrency you should have 2021-22.
Do you like the Article? Comment if you have a different list and explain why.
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