If you're like most traders in the cryptocurrency market, then you're already looking for the next big cryptocurrency to buy in preparation for the next bull season. The real challenge is deciding on the particular crypto token to invest in. On any given day, there are several purchase alternatives on the coin market. Each of these options supposedly has a plan to make you wealthy, but not all live up to their word. But there are still some great options on the market that will offer you the chance to make lots of money. All you need to do is find them and add them to your portfolio.
You see, the cryptocurrency market is extremely volatile. This means that unpredictable price changes occur regularly. Therefore, one good purchase could cause your portfolio to explode into riches. In the same vein, a bad purchase decision could squander all your capital. The crypto market is volatile and there’s little room for second chances.
So, what are the cryptocurrencies that are likely to explode in 2022? Fantom (FTM), STEPN (GMT), and CashFi (CFI) are crypto tokens that have the potential to be the next big cruptocurrency. This piece will look at what makes them stand out.
Fantom was designed to take care of the deficiencies of the Ethereum network. So, it still has a lot of potential for growth. This layer-1 blockchain has a commitment to offer fast, cheap transactions in the crypto space. Users can run several smart contracts on the Fantom protocol. FTM is the native token that powers this innovative blockchain.
To provide crypto users with access to fast, cheap transactions, Fantom runs on a directed acyclic graph (DAG). In this mechanism, blockchain transactions are displayed as “hashgraphs”. This technology is similar to what you’ll find on the Hedera hashgraph. Another unique thing about this protocol is its Lachesis leaderless consensus mechanism.
With these advanced techniques this project seems to be a great long term option to have in your wallet.
STEPN is one of the newest and most unique crypto projects on the market. STEPN creates a unique system where users earn from participating in a simple move-to-earn game. This game tracks users' IRL exercises and converts them to points in form of crypto. STEPN is built on the Solana blockchain. As a result, it’s capable of offering users different features at fast and low rates. GMT is the governance token of the STEPN interface.
CashFi is one of the newest additions to the crypto space. However, it has gained a widespread reputation because of its unique features. So, what does CashFi offer crypto users?
CashFi is a new DeFi protocol that’s set to make a lasting impression on the crypto space. CashFi is built on the Ethereum network. Therefore, it has its own ERC-20 token and is compatible with other tokens that run on the Ethereum protocol. This protocol will run on a unique mechanism - fee-sharing. Through the fee-sharing mechanism, CashFi is able to offer users different asset classes.
This crypto project will create a DeFi platform that will allow users to use asset classes, such as synthetics, liquid staking, and NFTs. Considering the impressive features that CashFi is already capable of, many users are touting it as the next cryptocurrency to replace Ethereum. This is a sign of big things to come for this token.
CashFi is designed to focus on the advantages of top cryptocurrency projects in the DeFi sector. By combining these features, it’s able to offer users the optimal DeFi experience. One of the most unique things about CashFi is its commitment to supporting interoperability between blockchains. CFI is the native token of this network protocol. Users are allowed to stake CFI tokens in exchange for lucrative rewards.
Join the CashFi community by clicking on the presale link below. You can also use the social media links to keep track of updates from the development team.