Statistics show an exponential increase in the facilitation of cryptocurrency in various sectors of the global economy. These implementations range from peer-to-peer transactions to efficient cross-border transactions, and most importantly, as a huge source of revenue through investments. Cryptocurrency presents as one of the newest and most exciting asset classes available to investors.
With these various opportunities for crypto investments, the major hurdle for investors is the daunting task of choosing amongst the thousands of available coins and tokens. To make the decision-making process as seamless as possible, we have collated three tokens that we expect will grow exponentially in 2022.
Ripple (XRP) is still battling with the SEC
Ripple (XRP) is an open-source blockchain settlement system released in 2012 for currency exchange and remittance transactions. These transactions are run by the company’s in-house developed token XRP. Over the years, the Ripple (XRP) Network has grown increasingly popular due to its swift transaction time and incredibly low gas fees of $0.0002 per transaction.
Ripple (XRP) is currently ranked eighth in the coinbase coinbase [email protected] Centralised Exchange Followers : 0 View profile marketplace with a current price of $0.35 with an all-time high of $3.84. Ripple (XRP) has over 48.34 billion XRP in circulation, future metrics estimate XRP could hit the $4 mark by the end of 2023.
FTX Token (FTT) rocky road ahead
FTX originally launched in 2019 and has grown to be one of the largest cryptocurrency derivatives exchanges. The exchange platform has gained a reputation in the crypto world by implementing unique features that give access to a wide variety of trading instruments.
FTX (FTT) has witnessed an unprecedented level of growth within an unusually short time. It is ranked 20th by market cap and priced at $27.39.
The current price of FTX (FTT) is $27.37 and recorded an all-time high of $84.18 in September 2021. Going forward, we believe this token is bound to increase even further in value and could reach around $150 by the end of 2023. FTX token (FTT) is likely to face some rocky roads ahead.
Degrain (DGRN) could be on of the best investments in 2022
Degrain is a unique NFT marketplace with its utility token currently in pre-launch. It has garnered the attention and speculation of investors worldwide as it stands as the world’s first cross-chain NFT trading platform.
Degrain successfully keyed into the ever-growing NFT market and stands out amongst competitors by allowing payments across various networks. At the same time, Degrain rewards its users with DGRN tokens. With its low transaction fees and greater earning potential for traders and creators, Degrain has witnessed unprecedented growth since its presale launch and aims to be at the forefront of the evolutionary process of the industry.
Degrain is currently offering a 100% lifetime discount on transaction fees to presale buyers. For investors seeking a viable and reliable platform to reap profits, the presale is offering a 30% bonus on DGRN tokens to early investors. Current coinmarketcap coinmarketcap s*****[email protected] Crypto Tool Followers : 0 View profile analysis declared Degrain the most likely token set to overtake binance binance pro[email protected] Centralised Exchange Followers : 0 View profile Coin (BNB) by 2024.
By holding a strategic and monopolistic position in the NFT and blockchain.com blockchain.com Wallet Followers : 0 View profile community, with its cross-chain trading platform, Degrain is sure to see unprecedented growth like no other coin in the market in 2022. It’s certainly worth checking out.
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