Crypto is blowing up
The world of cryptocurrency was something of a wild west when it got going, and Bitcoin was the only trusted crypto that people were willing to invest in. Now, though, in 2022, all of that has changed.
Bitcoin is leading the way, but the market remains volatile. In the last 12 months, it has hit a low of 28,893.62 dollars to an all-time high of 68,789.63 dollars.
Countless people around the world are trying to work out which crypto will be the next to explode, whether they are already investing in cryptocurrency or looking to make their first investments in the new world.
There are a number of contenders fo the next big crytpo, and we’ve listed some that may have a higher ceiling than others.
Binance is the most successful exchange when it comes to trading volumes. Like Bitcoin, it keeps a hard limit on the number of tokens in circulation – 200 million. That cap helped the price to soar in 2021. Binance has two blockchains, reducing the potential for bottlenecks that hold others, such as Ethereum, back.
Decentraland is a virtual reality game on the Etherium blockchain that uses MANA tokens as an in-game currency. Users buy goods and services with it, and its current price of 2.30 dollars shows a 1,543 percent increase from its 52-week low of around 15 cents.
Ethereum is commonly known as Ether and is the second-biggest crypto behind only Bitcoin. In 2021, it even outperformed Bitcoin. It had an update that allows it to handle more transactions per second, and currently has 119.35 billion coins.
© Unidad Editorial Información Deportiva, S.L.U. Todos los derechos reservados.
Crypto Opportunity: How to find the next big cryptocurrency? – Marca English