Expert crypto analyst Angela De Mesa shares 7 altcoin projects that can mark 2022 with their skills. Let’s take a look at the prominent features of the projects from the expert list.
Here are 7 altcoins to follow closely in 2022
Built by the co-founder of Etherum (ETH), Cardano is an unauthorized Blockchain specifically designed to run financial transactions with zero fees. This makes it faster than both Bitcoin and Ethereum. According to the analyst, Cardano can be considered an environmentally friendly alternative to the traditional PoW protocol, as it is one of the largest PoS blockchains.
WazirX, India’s leading crypto exchange platform, provides the best crypto platform for Indian traders. With the exchange’s native token WRX, users can trade at low fees. According to the analyst, the exponential acceptance of cryptocurrencies in India despite difficulties makes WRX one of the heavily discounted cryptos at the moment.
Chainlink trades at equivalent levels to traditional stocks rather than cryptos. The project consists of decentralized oracles, which are essentially functional units that allow data transfer within and outside the Chainlink network. The leading oracle service is among the strongest 2022 candidates, with close to 300 partnerships, according to the analyst.
Solana, an innovative blockchain that is fast and scalable, provides high returns on risk profiles like Ethereum, while maintaining fluctuations in its price by nature. According to the analyst, the rapidly maturing altcoin is becoming an interesting option for those who want to be an early investor.
Chiliz allows sports fans to trade fan tokens on its platform. It also provides Blockchain-based tools to different sports organizations. So it uses its platform to interact with kits. According to the analyst, it is among the most impressive projects with its community poised for growth in 2022.
Since this year has been good for Bitcoin, Stellar Lumens (XLM) suffered the same fate as it trades in correlation with BTC. Stellar has low transaction costs. With 0.00001 XLM per transaction, gas fees are close to zero. Also, banks are starting to adopt central bank digital currency (CBDC) using Stellar’s own Blockchain.
cryptocoin.com Angela De Mesa, whose analysis we share with you, finally examines Monero (XMR). Monero is a privacy-focused cryptocurrency. Users can perform untraceable transactions with XMR. With the continued rise in scams and crypto exploits, privacy and security are now more important than ever.
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