This time last year, January 2021, people were yet to believe in the inception of memecoins into the crypto world. Memecoins were thought to be a past success in the crypto world and would soon make way for the known crypto giants- BTC and ETH.
The 47,000,000% gain of Shiba Inu at the beginning of 2021 created more believers and investors in memecoins as investors became millionaires through their investments in Shiba Inu in 2021. The price of Dogecoin, a cryptocurrency based on the famous internet meme, raised to new heights in early 2021. Dogecoin growth rates in early 2021 excessed Bitcoin's. Due to Elon Musk's comments, CEO of Tesla Company, Dogecoin's value rose by 216% to $0.023535 in just a day. The mass adoption of Dogecoin throughout 2021 is because of its estimated future growth in 2022.
These two projects pioneered the belief of memecoins in 2021 and have made several investors into millionaires. People are starting to look into which excellent crypto to invest in ahead of the 2022 trading year. Here are some of the most profitable crypto to invest in 2022.
EverGrow (EGC) is the newest cryptocurrency in the market right now. It was launched in September 2021 and set on track to become a new crypto giant to explode in 2022. Several analysts predicted Evergrow to reach its first actual 100× rise in value in 2022. EverGrow was the first major hyper-deflationary crypto that rewards its users in BUSD. It uses a unique buyback mechanism that provides holders with consistent returns and benefits.
During the launch of EverGrow, it created a buzz with its revolutionized rewards of being the first major Crypto project to offer its holders BUSD rewards- stable and regulated crypto, pegged 1-1 with the USD. The significance of this token is the massive viable and possible income earned by its holders.
Despite the volatility of its price in the market from September to the end of 2021, EGC holders earned over $31 million of rewards in BUSD. EverGrow, through its revolutionary system of regards, has a suite of utilities that, if managed and inducted well into the crypto world, will propel the EGC to be one of the most significant crypto giants in history. These utilities include an NFT lending platform and marketplace on Binance Smart Chain, which is faster and cheaper than the existing ones. It is also developing NFTs Lending and borrowing ecosystem, a play-to-earn game, a recent booming sector in the crypto world. Also, a content creator platform on the blockchain, Crater, the first world Crypto payment integrated content creation platform, is predicted to compete directly with the popular OnlyFans and Patreon.
The project's vision in 2022 is to be a top 20 global crypto in 2022. EverGrow is worth keeping tabs on and investing in.
Safemoon, a once predicted crypto giant, had a tremendous tumultuous year in 2021. During its inception, it rose so high and became one of the highest soaring memecoin in 2021 but then collapsed 90% over the months with prominent team members behind it abandoning the project. However, following the steadfastness of the Safemoon Army, one of the best communities in the entire history of crypto, Safemoon rose towards the end of 2021 and had around 3 million holders. Following the launch of the new version 2 contract of Safemoon, its price almost doubled within a week.
Currently at $1.3 billion value, with its ambitious V2 roadmap in 2022, it could rise to over 400% gains from the current level.
These two cryptos have been predicted to be most profitable and high in 2022. It's worth being invested in and keeping tabs on. If you missed out on Shiba Inu and Dogecoin, EverGrow and Safemoon are the latest crypto buzz in the market.
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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.