Adirize DAO, Internet Computer, and THORChain: Cryptocurrencies that Could Explode by the end of 2022

The cryptocurrency industry began in 2009 when someone using Satoshi Nakamoto's pseudonym wrote and uploaded a whitepaper on Bitcoin (BTC) online. The document contained the original deployment details of Bitcoin, which also became the first blockchain platform in the process.

Since Bitcoin is the original cryptocurrency and the current market leader, experts have kept a close eye since the crypto crash of 2022 began. The value of one BTC token had hit 40,000 dollars in May 2022 before it plunged to 21,000 the following month.

Despite the worst crypto crash to hit the industry since its inception, there is still plenty of hope. For example, the total number of cryptocurrencies was 20,009 yesterday. That number has climbed to 20,033 today.

In this article, we will look at newcomer Adirize DAO (ADI) and leaders Internet Computer (ICP) AND THORChain (RUNE) as they strive to explode by the end of 2022.

Internet Computer's (ICP) Key Features

Internet Computer (ICP) ranks at number 38 on CoinMarketCap with a substantial market capitalization of 2.75 trillion dollars. One token of ICP is available for 5.77 dollars. These values have fallen by 2.8% in the last 24 hours. The volume of tokens traded in the same period is 75.5 million, up 1.3% from yesterday.

ICP was launched in 2021 as a decentralized blockchain network. The developers of ICP aim to improve internet functionality and encourage greater utilization of smart contracts through cryptocurrency.

The benefits of ICP include the creation of dApps, better scalability, and excellent security features. The platform is well equipped to handle smart contracts: users can use them without being confined and at a minimal cost.

Presenting THORChain (RUNE)

THORChain (RUNE) is placed at number 64 in the rankings on CoinMarketCap with a market cap of a trillion dollars. A single token is 2.04 dollars. Trading volume in the last 24 hours is 177.5 million (up 22%). These statistics show that the value may have fallen, but the market circulation of RUNE tokens has increased considerably.

Like Bitcoin (BTC) and Internet Computer (ICP), THORChain (RUNE) is a decentralized platform. It contains liquidity protocols enabling users to swap tokens through several networks. It was released in 2019 through an initial DEX offering (IDO). The mainnet was deployed in 2021, and an upgrade was made later that year.

On the THORChain platform, users can exchange their tokens in a permissionless environment. RUNE is also used for governance, and users can vote for changes to the cryptocurrency.

Introducing Adirize DAO (ADI)

Adirize DAO (ADI) is a new cryptocurrency aiming to solve key issues in the market. Bitcoin (BTC), Ethereum, and some other altcoins are considered to be quite volatile. On the other hand, users who trade in stablecoins assume they will carry the same purchasing power. However, that is not true, particularly in a crypto crash.

The United States government and Federal Reserve control the dollar. Stablecoins are connected to the US dollar. When the dollar depreciates, so do stablecoins. The makers of Adirize DAO (ADI) makers want to ensure users do not face such concerns.

The ADI is a free-floating reserve that is supported by a variety of assets. It will target the augmentation of supply rather than price appreciation, allowing it to maintain purchasing power, even if there is a crypto crash.

ADI includes attributes like a protocol-regulated treasury, bond mechanism, staking rewards, and protocol-owned liquidity (POL). These features are designed to monitor supply expansion. Whether it is Bitcoin (BTC), Internet Computer (ICP), or THORChain (RUNE), there is hope that these cryptocurrencies, and the market in general, will recover in the coming months. Even during the crypto crash, new cryptocurrencies have been released, which means there is no reason why Adirize DAO (ADI), with its promising features, can't be a success.