Altcoins— also known as the alternative digital asset to the popular cryptocurrency, Bitcoin, in the highly volatile crypto market. Recently, crypto investors are experiencing nightmares of continuous crypto crashes with one or another cryptocurrency. Thus, they are looking out for altcoins to drive some profit in their crypto wallets amidst the bearish cryptocurrency market. Altcoins have gained much popularity among crypto investors with their unique features as an alternative digital asset. Let's explore some of the top ten altcoins to drive profit in 2022 amidst this not-so-stable crypto market.
Polygon is one of the top altcoins with real-world utility as well as promising features for crypto investors. This alternative digital asset is an Indian-based cryptocurrency in the highly volatile crypto market. The mission is to solve critical scalability issues with the Ethereum network. It also serves multiple platforms like DApps as well as any other cryptocurrency.
1Inch is one of the popular altcoins as an alternative digital asset to unite decentralized protocols whose synergy allows the most lucrative and protected operations in the decentralized finance space efficiently. It is a DEX aggregator solution searching deals across multiple liquidity sources that offers crypto investors better rates than any individual exchange. The protocol is a next-gen automated market maker that prevents crypto investors from potential cyberattacks in the highly volatile crypto market.
Theta is known as a blockchain-powered network purpose that is built for video streaming. The altcoin operates as a decentralized network in which users share bandwidth as well as computing resources on a P2P basis. The network consists of its own native cryptocurrency token known as THETA, one of the top altcoins for crypto investors. The main aim is to correct the current situations such as poor infrastructure, centralization, or high costs.
Decentraland is one of the top altcoins as a virtual reality platform powered by Ethereum blockchain in the cryptocurrency market. It enables crypto investors to create, experience, as well as monetize content and applications. The alternative digital asset is focused on allowing crypto investors to create a wide range of experiences on the parcels of LAND.
The Sandbox is known as a blockchain-based virtual world in the form of a leading altcoin for crypto investors to create, build, buy, as well as sell digital assets in the form of a game. It combines the powers of decentralized autonomous organizations and NFTs for a thriving gaming community in the highly volatile crypto market. It is focused on the creative "play-to-earn" model for both creators and games in the community of crypto investors.
Gala Games is one of the popular altcoins with a mission to take the gaming industry to the next level with blockchain games for crypto investors. The alternative digital asset is set to reintroduce creative thinking into games with players taking control of the games with blockchain technology. It offers multiple games such as Town Star, an NFT collectible series like VOX, and many more.
Polkadot is known as the open-source sharded multichain protocol to connect and secure a network of specialized blockchains facilitating the cross-chain transfer of data or assets. This altcoin was designed to offer a foundation for a decentralized internet of blockchains in the form of layer-0 metaprotocol for crypto investors in the highly volatile crypto market.
Chainlink is one of the top altcoins to invest in 2022 as it is a blockchain abstraction layer allowing universally connected smart contracts. The alternative digital asset is focused on ensuring the guarantee of decentralized participation for all node operators to contribute to the network in the crypto market.
StreamCoin is an altcoin as well as a governance token created on the Binance Smart Chain with the use of the Proof-of-Stake authority consensus algorithm. It is a hybrid of delegated Proof-of-Stake as well as the Proof-of-Authority. This alternative digital asset is known for running in the Mainnet while maintaining cross-chain compatibility with different blockchains. Crypto investors can experience its power in the ecosystem of live streaming platforms with new features in the cryptocurrency market.
Cosmos is one of the top altcoins to solve some of the hardest problems in the blockchain industry. The main aim is to provide an antidote to slow and unscalable Proof-of-Work protocols by offering a connected blockchain ecosystem. The cryptocurrency is set to act as a mediator between independent blockchains operating on decentralized networks.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.