SAFEMOON, SAITAMA INU & UNISWAP 3 Primary Reasons Why Cryptocurrencies Like These Might Experience Potential Growth In 2022!
In this article the author Analytics Insight discusses what they believe to be the top cryptocurrencies in 2022.
Crypto investors must keep an eye on several cryptocurrencies in 2022. This is a list of cryptocurrencies that have shown strong potential to breakout this year and would make a great investment. These are some of the cryptocurrencies and the three main reasons why each might do well in 2022.
Safemoon is one of the cryptocurrencies to watch in 2022. Though the cryptocurrency grew to prominence and quickly lost almost all the gains, it is still one of the powerful DeFi projects with a huge potential of a breakout this year. The first thing that might make Safemoon do better in 2022 is the migration to the V2 protocol.
The protocol upgrade has Safemoon blockchain more efficient and attractive to users. The second reason is the ‘Operation Phoenix’ launch, which brings a range of decentralized innovations. The wind turbine and nanotechnology might make the Safemoon do better.
The Safemoon team has hinted at the launch of the much-awaited exchange. There are three things that will make Safemoon the best performing cryptocurrency in 2022.
2. Saitama Inu
Saitama Inu is a meme doing very well in the market. In 2021, the coin reached a new ATH, and despite the recent plunge, the coin might be bullish in 2022 because of several reasons. First, the Saitama Inu will still be one of the best crypto investment information resource centers with its Edutainment platform.
Second, the team is making Saitama more than just a meme coin. The token is getting more utility in 2022, with the team developing a complete DeFi ecosystem. The major projects that will feature in the Saitama ecosystem are the DeFi and GameFi projects. Very soon, the team is launching the Saitamask. Another upcoming product is SaitaMaker, an NFT-based launchpad platform.
The third reason why Saitama Inu might perform better in 2022 is the fast-growing community on Twitter and other social media platforms. This is key for the marketing strategies of Saitama Inu.
Terra is a cryptocurrency playing a critical role in the industry, especially in enabling crypto investors to manage the high volatile of the market. The Terra has been doing very well in the market and reached an ATH in 2021. Several factors might make Terra do better in the market.
The Terra team is working on adding more stablecoins to its list. Currently, Terra has the U.S. dollar, South Korean won, and Mongolian tugrik as stablecoins. The addition will give users more variety and also increase the network’s users.
The team is also its system to make it more efficient and fast to increase the number of transactions and user experience. The recent proposal to change the Terra tax rate is also expected to make the currency more attractive. These are three reasons that might make Terra a highly performing crypto of 2022.
Bitgert is a cryptocurrency project building one of the biggest things in DeFi. Bitgert is building a p2p payment system that will be run on the Bitgert ecosystem. So the team is building a complete DeFi ecosystem, and this is the first reason why it might do well in 2022.
The second is the kind of blockchain that Bitgert is building. The team is building a zero has fee blockchain, meaning that users will not pay for gas when buying, selling, or making a token transfer on this blockchain.
The Bitgert team doxxing and the registration of the project is the third reason why Bitgert might be big in the crypto industry. The team doxxed in January 2022, and the project is in the process of becoming a legal entity. Read more about this project on the Bitgert website.
Centcex project has been doing very well this month and is one of the cryptocurrencies with skyrocketing growth others are plummeting. The coin is projected to be one of the best performing cryptos of 2022. There are several reasons why Centcex might do better in 2022.
First is the token utility the project is offering. According to the Centcex website, Centcex lab will develop an unlimited number of products that will be running on the ecosystem. This means more staking revenue.
The second reason is the products the project is releasing. Currently, the Centcex team is developing a no-KYC DEX. The exchange will be faster, secure, and more user-friendly. The third reason is the attractive staking rewards. A 100% APY of the generated revenue is shared as Centcex staking rewards.
The popularity of the PancakeSwap exchange has been growing fast since the project launched in late 2020. The exchange has been providing a perfect platform for the new coins to launch, and that’s why most of the new coins are available at PancakeSwap.
One of the reasons why this cryptocurrency might grow biggest is the upcoming upgrade of the exchange to increase exchange security, speed, and cost. This will make the PancakeSwap exchange more attractive. The voting to the $CAKE holder is another reason why this PancakeSwap might perform better in 2022.
The fast-growing following on Twitter and other platforms like Reddit is another that is preparing PancakeSwap for a bull run in 2022.
UniSwap is a decentralized exchange that facilitates trading and automated liquidity. The cryptocurrency managed to reach an all-time high in 2021 due to its liquidity solutions. Uniswap is also one of the cryptocurrencies expected to do well in 2022 because of a number of reasons.
First, the UniSwap team is still improving protocol for better-automated solutions. The UniSwap has also been working hard to keep the protocol more scalable, cheaper, and secure by improving its infrastructure. The second reason is the increasing number of tokens the can be traded on UniSwap.
The other reason is the increasing project utility with the ever-increasing number. There will be more than 300 products, meaning more staking revenue. These are factors that might make UniSwap a better performer in 2021.
Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high-risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.