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4 cryptocurrencies to watch out for in 2022

4 cryptocurrencies to watch out for in 2022

Solana (SOL)

Solana is currently the fifth largest cryptocurrency in the world with a market capitalization of more than $ 62 billion and has seen a significant boom in 2021.

After trading below $ 2 for the year, it hit an all-time high of $ 260 in early November and is now trading north of $ 200.

SOL is the native token of the Solana blockchain network, and its skyrocketing value also reflects Solana’s growing prospect. The blockchain is receiving increasing praise for its powerful transaction processing speed – none other than Sam Bankman-Fried, founder and CEO of the FTX crypto exchange, recently. gives it the advantage over Ethereum. If Solana continues to expand their presence, SOL owners could find themselves on the moon.

Cardano (ADA)

Right behind SOL, with a market cap of $ 55 billion, is Cardano, which also has a supercharge in 2021. ADA has also cooled off from its Labor Day high and is now trading at $ 1.66.

Cardano is the brainchild of Ethereum co-founder Charles Hoskinson, who left Ethereum after disagreeing with Vitalik Buterin’s plans to keep this blockchain charitable. Cardano has made a name for itself – but with ADA in the middle of a month-long bear cycle, 2022 could be a year of success or breakout.

TabTrader Token (TTT)

TabTrader has ambitious plans for TabTrader tokens, including the ability to hold trading competitions with prices offered in native tokens. Another plan is to enable commercial mining so that users are given tokens for every transaction they make on the platform.

TTT debuted on for the first time Solana Launchers Solanium, Raydium AcceleRaytor and Gate.io

The TTT token opens up many opportunities for TabTrader to grow in terms of governance, user engagement and new user conversion.Kirill Suslov, Co-Founder and CEO of TabTrader.

TTT tokens will power the platform and have it countless possible uses: Token holders can use TTT to make in-app purchases, pay transaction fees and participate in governance.

Avalanche (AVAX)

Contrary to its name, Avalanche was “red on fire” that year. In early 2021, AVAX was trading just over $ 3 in late November, hitting an all-time high of over $ 146, good enough to overtake Dogecoin and become one of the 10 largest electronic coins in the world. It is currently trading at over $ 116 and has a market capitalization of over $ 26 billion.

AVAX is the native token of the Avalanche blockchain, one of Ethereum’s emerging competitors in the field of smart contracts. Driving the AVAX fall rally is a new partnership with Deloitte company then the consulting giant hires Avalanche to support its work with the Federal Emergency Management Agency (FEMA). With the Deloitte deal giving Avalanche an enviable dose of trustworthiness, the blockchain and its token could take that pillar to new heights in 2022.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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