Recently, crypto investors have been having a crash nightmare. Therefore, they are looking for altcoins to make some profits in their crypto wallets amid the bearish cryptocurrency market. Altcoins have gained popularity among crypto investors for their unique properties as an alternative digital asset. So, which cryptos can rise in the coming period? Analyst Disha Sinha has shared eight altcoins that will break records and generate profits in 2022. Here are the details…
The first altcoin that the crypto analyst drew attention to: Polygon
Polygon is one of the best altcoins with real-world use as well as promising features for crypto investors. MATIC is an India-based cryptocurrency in the highly volatile crypto market. The task is to solve critical scalability issues with the Ethereum network. It also serves multiple platforms like DApps and other cryptocurrencies.
Acceleration expectation for 1inch
Another project that the analyst expects to rise is 1inch. 1Inch is one of the popular altcoins whose synergy is used to combine decentralized protocols that efficiently enable the most lucrative and protected operations in decentralized finance. It offers crypto traders better odds than any individual exchange. It is a DEX aggregator solution that seeks opportunities across multiple sources of liquidity. The protocol is a next-generation automated market maker that protects crypto traders from potential cyberattacks in the highly volatile crypto market.
One of the most popular metaverses: Decentraland
Decentraland is one of the best altcoins in the cryptocurrency market as a virtual reality platform powered by the Ethereum Blockchain. It enables crypto traders to create, experience and monetize content and apps. Altcoin is focused on allowing crypto investors to create a wide variety of experiences in LAND plots.
Another great metaverse: The Sandbox
The Sandbox is known as a Blockchain-based virtual world where crypto investors create, build, buy crypto assets in a game form and in the form of a leading altcoin. It joins the forces of DAOs and NFTs for a thriving gaming community in the highly volatile crypto market. It is focused on the creative “win by playing” model for both creators and games in the crypto trader community.
There is also a rise expectation for Gala Games
Gala Games is one of the popular altcoins whose mission is to take the gaming industry to the next level with Blockchain games for crypto investors. Altcoin reintroduces creative thinking to games for players with Blockchain technology. It offers multiple games like Town Star, an NFT collectible series like VOX, and many more.
Famous cryptocurrency Polkadot is on the list
Polkadot is known as an open-source, fragmented multi-chain protocol for connecting and securing a private Blockchain network that facilitates cross-chain transfer of data or assets. This altcoin is designed to offer a foundation for a decentralized Blockchain internet in the form of a layer-0 metaprotocol for crypto investors in the highly volatile crypto market.
Major oracle protocol: Chainlink
According to the analyst, Chainlink is one of the best altcoins to invest in in 2022 as it is a Blockchain abstraction layer that allows for universally connected smart contracts. Altcoin is focused on ensuring decentralized participation for all node operators to contribute to the network in the crypto market.
Cosmos, the last cryptocurrency on the analyst’s list
Cosmos is one of the best altcoins solving some of the toughest problems in the blockchain industry. The main goal is to provide an antidote to slow and scalable proof-of-stake protocols by providing a connected Blockchain ecosystem. The cryptocurrency is set to act as a mediator between independent Blockchains operating in decentralized networks.
