The cryptocurrency world is at an all-time high. Now is a great time to look at the best cryptocurrency in the industry and find which ones to invest in. Additionally, you can also cash in on the trend by getting into cryptocurrency development or crypto coin creation.
The recent surge in Bitcoin and Ethereum prices led to the cryptocurrency market reaching the three trillion mark. However, it is not all sunshine and roses here. The market faced instability throughout 2021, and several coin prices shifted dramatically. Despite these downfalls, several cryptos surely will stand the test of time.
The key to good crypto investment is to avoid quick assessments and impulse decisions. This market values consideration over impulse. Take time to research, find and identify cryptocurrencies with ambitious roadmaps.
It is also essential to remember that multi-fold returns in altcoins can occur in seconds. With that understood, it is now time to look at seven cryptos poised to surge in 2022. Take note of these coins as they could make you rich next year.
Market Move (MOVE)
One challenge investors face in cryptocurrency is the rug pull trick. Here, investors see a coin with attractive benefits that ticks all the requirements. So they invest in it, and suddenly, the coin gets de-listed from the exchange, and the developer runs away with the funds.
MarketMove aims to address this problem through AI-driven contract audits. This platform separates quality projects with solid use case scenarios from completely speculative crypto projects.
Another notable feature is that MarketMove can bring significant change in one area. Presently, buying and selling on DEX does not allow for stop-loss or limit orders. The project plans to introduce these features for the investor’s benefit.
On the token side, MarketMove has an initial supply of one trillion tokens. But, more than three-fourths of these tokens were burnt at the start.
Additionally, the MOVE token is hyper-deflationary. Typically, users buying and selling a token incur an associated fee. This burn reduces the token supply, and holders can earn reflection. In the future, MarketMove intends to launch staking protocols to their platform. Staking can provide additional returns to users.
Overall, the MOVE token is the ideal choice for any long-term investor. Moreover, the company behind the coin intends on pursuing a big market push in the first quarter of 2022. As a result, many investors speculate that the coin will provide multi-fold returns next year.
Feed Every Gorilla (FEG)
Another token worth considering as an investment in 2022 is the FEG token. This token can provide multi-fold returns. The objective behind this token is to provide a decentralized transaction network. This network operates on the Ethereum and Binance Smart Chain platforms.
There are two reasons why to consider investing in this token.
The first reason is that FEG is developing smart decentralized finance. The last year and this one were landmark times for decentralized finance, and the industry boomed. The total assets available in decentralized finance are said to be more than two hundred billion USD. FEG plans on bringing additional improvement and innovation to the industry.
Also, the FEG token is a hyper-deflationary token with the current supply at forty-two quadrillion. Presently, the supply is high; however, there is a continual burnt on the Ethereum and Binance Smart Chain network. Therefore, every transaction triggers a one percent burn rate and gradually reduces the supply. Additionally, the holders earn a reward of one percent tax on every transaction.
inSure Defi (SURE)
This token claims to be the world’s first insurance ecosystem with staking options. The purpose of Sure is to protect investors from scams, rug pull ventures, and portfolio devaluations.
Users here are required to purchase the SURE token and apply for insurance. The insurance activates seven days after the SURE token is placed in the digital wallet.
The initial plan requires the user to purchase 2,500 SURE tokens. These tokens provide insurance for four months and cover one thousand USD. Another plan requires the user to purchase 500,000 SURE tokens. This plan provides insurance coverage for two years and the amount of 140,000 USD.
SURE token brings change to a space seeing more scams and stolen fund schemes taking place daily. Also, note that the SURE tokens provide a yearly percentage yield of sixty percent. An equally enticing fact is that the token price increased by two hundred percent in the last twelve months.
Any investor here benefits from the insurance factor and the token holding advantages. An increase in investors looking for insurance coverage in 2022 will increase the token demand supply and translates to additional growth.
Internet of Energy Network (IOEN)
Presently, the global community looks toward clean energy as a solution to the fuel crisis. The IOEN token is an interesting pick, thanks to its strong use case.
The project plans to use blockchain technology that enables homes to work together as an intelligent, cooperative electricity system. This process ensures that the IOEN creates several small-scale grids that unlock opportunities for renewable energy.
Initially, the company listed the IOEN token on the Uniswap platform. However, the company now initiated listing on a centralized exchange. The benefit here is that users can purchase the IOEN token without paying a high Ethereum gas fee seen on regular DEX.
Rari Governance Token (RGT)
RGT is one of the top performers in this list as it has had returns of over twelve thousand percent in the last year. However, experts believe the coin value will move to the three-digit mark. The reason for this claim is the token’s limited supply. The RGT coin has a maximum supply of twelve and a half million in circulation.
The Rari token is a decentralized non-custodial DeFi token that independently earns rewards for users. Here, users can deposit crypto, and the token starts earning yields for them.
Additionally, Rari also launched “Market,” a flagship interface for interacting with the Fuse network on Polygon. The purpose of the RGT token is to provide investors with financial technologies meant for the elite.
Decentraland (MANA)
MANA’s token price surged by more than four thousand percent in the last twelve months. This surge resulted in the token trending on several cryptocurrency platforms. For example, Decentraland is a virtual reality platform operating on the Ethereum network. Here, people can create and monetize their content.
The platform aims to leverage the point that people spend more time in the digital world for work and pleasure. There is a sizable audience here, and the platform shows growth in terms of audience base and token price upside.
The MANA token enables users to purchase land, services, and goods on the virtual platform. In addition, the token incentivizes creating content, which can directly impact user growth. On the whole, the MANA token can further rally as the virtual world grows in 2022.
Conclusion
The cryptocurrency industry is growing in leaps and bounds. We see more growth coming from the industry every day, and people cannot get enough of it. Everyone wants to invest here and reap the benefits. However, they don’t know where to pool their money and are open to frauds and Ponzi schemes.
This list highlights the tokens that show promise next year. That way, users can make an informed decision before investing.
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