With a plethora of cryptocurrencies to select from, it is not easy to select the best investment. But a good investor should always be forward-looking. The upcoming developments determine the potential of a coin and the possibility of a breakout. Here are some of the best cryptocurrencies of 2022 and the exciting updates coming up:
Radio Caca is one of the cryptocurrencies to watch in 2022. The coin is a native currency for Universal Metaverse (USM), a gameFi project that launched mid-August 2021. The project is still in the development stage, and thus lots of development are coming up in 2022.
The launch of USM Metaverse, the play-to-earn blockchain gaming platform, is one of the biggest milestones for the project. The game is already out with its Metanon, and the Radio Caca team is in the process of providing more utility.
The NFT marketplace is another exciting update and a product to watch. Recently, the team updated the USM Metaverse, and the new version looks superbly amazing. The Radio Caca team has delivered so much in a short time.
FTM is the native currency for Fantom, a smart contract platform that provides dApp services to developers. The platform has a fantastic consensus algorithm that delivers an incredible transactions speed. Fantom is a layer-1 blockchain designed to address scalability problems.
The Fanton Foundation team is making this smart contract platform better than before by boosting its efficiency. In the 2022 road, the Fantom team has promised to deliver better scalability and cheaper transactions. This is the good news for developers the gas fee has been a big issue.
Fantom foundation is also collaborating with other products to increase the token utility. The team also want to bring more DeFi and Metaverse dApp projects to the Fantom network. There is so much coming up.
Polygon is another smart contract platform that is quickly growing popular with dApp developers. There are many developers migrating to the Polygon platform mainly because of the lower gas fee and the scaling benefits the network offer. But there are many exciting updates coming from the Polygon team.
The platform is simply an Ethereum scaling solution designed for Web 3 developers. It is more secure, fast, affordable and energy-efficient than Ethereum, and that's why it is growing popular. The biggest news is, of course, is the team making the platform more affordable.
Adding more utility is the token has been key, and the team is working on enabling more projects to develop and launch on Polygon. There are also many giveaways coming up for $MATIC holders.
The Bitgert team has surprised the industry with its fast accomplishments in building its DeFi protocol. The team is building a decentralised payment system that will be used globally. The development team has delivered multiple products since the project launched on July 28th, 2021.
But the exciting updates from the Bitgert team is the coming of the Brise exchange and the widely anticipated zero gas fee blockchain. The recent announcement is that the exchange beta version will be released at the end of Feb. The team has also confirmed the gasless blockchain is in the development stage.
The gas-free blockchain will be the most exciting Bitgert product. The news about team doxxing has also excited the community. Visit the Bitgert website for more info.
Centcex project is quickly catching the crypto community's attention due to the innovative token utility it offers. The blockchain protocol provides a platform for developing highly secured and user-friendly dApps. The project launched mid-November 2021 and has grown pretty fast.
The platform aims to develop unlimited blockchain projects. Already, projects are developing, with the Centcex exchange being the most prominent. The powerful crypto exchange fast, secure, offer better UX and is a no-KYC.
Another exciting update is the Centcex staking offering 100% APY and the Centcex lab developing unlimited products. There is more update coming up as the team rolls out the 2022 roadmap. Visit the Centcex website for more information.
Polkadot has incredible interoperability that makes it a key element in the industry. It is one of the blockchains that will be doing very well in the industry. Already the team behind this sharding protocol is releasing exciting updates, with the 2022 roadmap being one of them.
Polkadot previously launched the popular web3 protocol, which has increased the number of developers on the network. The team is working on the protocol to improve the identified flaws in the system. The Polkadot platform will be faster and cheaper going forward.
The other exciting update is the new auction that's ongoing and the continuation of the rewarding campaign the platform has been conducting. There is so much coming up from the Polkadot team in Q1 of 2022.
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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.