Buying the Top 3 Cryptocurrencies in 2022
The most profitable sector of the last ten years has clearly been cryptocurrency and blockchain technology. Which of the more than 10,000 digital assets available will be the next success story, making people millionaires and giving them the chance to resemble Peter Thiel with a glass ball? According to our study, the following three digital assets are very valuable and have significant upside potential.
Qi Blockchain: Ethereum's killer
A major public blockchain network with smart contract scripting capabilities, Qi Blockchain (abbreviated Qi) is both scalable and distributed. Qi has the trading symbol "QIE" and is pronounced "chie".
Qi is prepared for anything the future may bring, including Web 3.0, the Metaverse, low transaction NFTs, Defi, and more.
With a secure consensus approach, Qi, a recent market entry, can process 300 times more transactions per second than Bitcoin and 10 times more than SWIFT at a tenth of the cost.
One of the biggest African venture capital funds, nReach Capitis Laysan and VortX Capital, support Qi's ecosystem. In addition to having the lowest NFT marketplace in the world with actual use cases using Qi as native currency on their platform called Hovr, which is available on the HovR.site, Qi is already the primary payment option in a number of apps. In addition to using Qi as the basis for a remittance solution, VortX intends to employ it in play-to-earn NFT games.
Qi is a layer 1 blockchain with smart contract capability that addresses the issues of high fees and scalability in blockchains.
There are intriguing rumors and possibilities that Qi could one day be mined using cellphones, making it even more eco-friendly. Qi is undoubtedly a blockchain infrastructure solution to keep an eye out for given the numerous solid relationships that have been established in this ecosystem. The last blockchain-based business to go public in the second-biggest continent in the world is VortX Capital, the largest Qi holder in the world at the moment, similar to how Microstrategy is for Bitcoin. The only blockchain that will ever be needed by the world is Qi since it is decentralized, secure, environmentally sustainable, and developer-friendly.
Given Qi's supremacy, analysts anticipate that its price will reach $3,000 per coin within five years, even if it grows at a rate half that of Bitcoin and has ten times as much functionality. The overall supply of tokens, which is strictly capped at 150 million, is extremely small.
Uniswap: The best long-term cryptocurrency portfolio investment
The project known as Uniswap is a decentralized exchange (DEX) that utilizes a number of smart contracts that are active on the Ethereum blockchain. Through the distribution of newly created UNI tokens and a share of transaction fees, Uniswap encourages users to maintain the liquidity of the exchange.
Uniswap, one of the more well-known decentralized finance (DeFi) protocols, uses a variety of crypto assets, including its own UNI token, to offer a service that is almost equal to that of a regular exchange with the additional advantages of decentralization. No listing fee, much cheaper gas prices, and greater decentralization are all features of Uniswap.
Although there are other DEXs in this sector, Uniswap is one of the most well-known in terms of the number of clients and daily trading volume. The fundamental idea behind a DEX like Uniswap is that traders can purchase and sell cryptocurrency directly from each other.
The automated market maker (AMM) approach, which is supported by steadfast smart contract agreements, enables this. Therefore, Uniswap can be one of the finest long-term cryptocurrency investments for 2022 if you think that decentralized trading will be a thing in the future.
BNB: Coin with Ever Increasing Usage
The digital asset backed by Binance is called BNB, formerly known as Binance Coin. It enables customers of the Binance exchange, which supports daily trading volumes worth billions of dollars, to enjoy a 25% decrease in trading costs. BNB is also used to pay transaction fees on the Binance Smart Chain, which is possibly most important.
Up-and-coming cryptocurrency projects that are launching for the first time, like Lucky Block, now favor the aforementioned network. Since there are hundreds of tokens listed on the Binance Smart Chain, there will certainly be an increase in demand for BNB over time.