The crypto market has been trading sideways to establish new resistance and support prices in recent days. As a result, investors are using the current market influx to search for the next cryptocurrency to explode in 2022.
This article explores the cryptocurrencies with the greatest potential to secure high returns for investors:
Lucky Block (LBLOCK)
lucky block it is a lottery-focused token that is amassing many investors. It currently ranks high as the next crypto to explode. The token addresses issues plaguing the lottery system and resolves issues of transparency and prize distribution. It has provided investors with more than 1000% of their investment and is moving towards higher price ranges. LBLOCK is currently trading at $0.003 as it tests support prices and aims to set new highs.
Blockchain has been trying to make its system into a perfect and efficient platform for lottery players. The platform has successfully launched its Android app for beta testing. This is so users can feel the app and provide feedback to developers to improve.
The Lucky Block protocol has also successfully launched the nft launchpad. Investors now have access to the NFT giveaway and have a chance to win a Lamborghini or a million dollars. Additionally, using the NFT launch pad gives investors a 1 in 10,000 chance of earning rewards. This is significantly fair compared to conventional lottery systems.
cosmos (atom)
the Cosmos Blockchain is an interconnected, open, and scalable economy of the future, where transactions are decentralized, providing users with anonymity and fast transactions. ATOM is currently trading at $32.39.
Cosmos focuses on ensuring that you are aware of the most important features and improvements to function optimally. Part of their efforts to achieve this goal is the Theta v7 updateincluding a new Interchain account module, an updated Gravity DEX, and other performance improvements.
The Cosmos Hub has also launched a new Gravity Chain Update to promote greater interoperability and lack of trust in the blockchain. The Gravity update has already fostered the ability to send NFTs from Ethereum to Cosmos. It will fully utilize the gravity bridge, which is highly decentralized, secure, and censorship-resistant.
Ghost (FTM)
Ghost currently trading at $1.59. It has been trending down as it retests support prices. Therefore, this gives investors a good opportunity to buy the next cryptocurrency to mine.
The asset is an open and scalable blockchain that provides users with seamless transactions at low fees.
Blockchain has reached a major milestone by reaching a breakthrough in Artificial intelligence (AI) technology. When testing the scaling solutions, smart contract codes were published on the mainnet, resulting in the receipt of generated NFTs in a team member's wallet. The NFTs were traced back to the replicated consensus algorithms on the servers, making the Fantom network sensitive.
Fantom has also provided more ways for users to diversify their portfolios and earn more. Perpetual leverage trading is now available on FTM via the unix Finance platform and liquidity providers can now earn higher returns against traders' positions. With the new product on board, FTM traders don't need centralized exchanges (CEX) for reliable order security, low fees, or better execution times.
The UniDex product is a great alternative to CEX as investors can trade any asset or product and take positions in trading pairs like TSLA or exotic concepts like EthGasFees.
Avalanche (AVAX)
avalanche is a fully scalable blockchain that provides the triad application of a blockchain protocol; scalability, security and decentralization. AVAX is currently trading at $97.22, below resistance levels, allowing investors to invest in the next crypto to break out.
Avalanche is implementing improvements that protect users and traders from market volatility and temporary losses. The platform has been integrated with Degis, a comprehensive insurance protocol, to launch Naughty Price Protection (NPP). The NPP protects users against large fluctuations in token prices due to standard market swings and black swan events.
Other integrations in Avalanche are in the works as the platform has been integrated with bright union to allow DeFi investors to transact in the Avalanche ecosystem. Bright Union will cover investors' digital assets against hacks, scams and protocol failures. The integration also expands the market for DeFi hedging and makes risk management more accessible to the crypto community.
Algorand (SOMETHING)
Algorand aims to provide solutions to blockchains through a fully scalable network protocol. The crypto asset is one of the next crypto to explode in 2022 as ALGO costs $0.92. Experts project that it will be worth more as the year progresses.
The reasons for such high projections stem from the recent collaboration with Trantorian, a space-themed 4X NFT. The Algorand blockchain meets the Trantorian criteria for the perfect blockchain with respect to overall architecture, permission type, proof type, and speed. Algorand follows similar philosophies as the Trantorian project and provides the optimal environment for such a sustainable project.
people finance has revealed its Algorand Delegate Liquid Governance, which aims to leverage SOMETHING liquid to unlock the Algorand Foundation Governance worth 3 billion.
Governance allows all ALGO holders to participate in the decision-making process of the Algorand ecosystem. Holders pledge their ALGO tokens and earn a reward of 6% to 24% Annual Percentage Reward (APR) at the end of a pledge period.
The Folk Finance platform allows governors to pledge their tokens and provide gALGO, a twin ALGO at a 1:1 rate.
Investors can use the gALGO as they wish, such as depositing the Folk Finance pool and locking it up as collateral to borrow backed assets. After the government rewards, the gALGO can be used to redeem the committed ALGO and claim rewards.
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