CMCBits Broker Unfolds Insane Altcoin Flipping 2022 – Big Gains With Small Investments
London, UK, 4th March 2022, ZEXPRWIRE, Cryptocurrencies have experienced a rollercoaster year so far, with prices falling 50% from their November heights. The overall crypto market cap currently stands at $1.7 trillion according to CoinMarketCap data – down significantly compared even just last month when it was near-$3T!
Cryptocurrencies are always in high demand but it seems that investors have become increasingly anxious about their investments. Many fear for the future of this new technology due to various factors, such as economic climates or even government regulation which may cause them to shy away from riskier assets like crypto. While we cannot predict what will happen next year with 5k% gains all at once again (it didn’t happen last time), one thing’s certain- if you missed out on your chance today then there won’t be another opportunity anytime soon!
CMCBits broker says there are lots of altcoins out there with great long-term potential. Here are the ones to keep an eye on:
Avalanche: The cryptocurrency gained over 3,000% in 2021 and could continue performing well into 2022– it’s called an “Ethereum killer” because its low fees & fast processing speeds make it popular among investors looking for such things as they switch from traditional currencies or assets into crypto ones. Ethereum’s high transaction fees and heavy network congestion have led to people looking for alternatives like Byteball (GBYTE). With this new smart contract platform, developers can build applications on top of the GBYTE Network without worrying about scalability concerns because it scales automatically! The number and value locked in applications on Avalanche Blockchain continue to rise. At the time of writing, there are 176 projects running with over $10 billion worth!
Polygon: is an innovative solutions aggregator for Ethereum. Rather than building a new blockchain, layer 2s improve the performance and security of existing blockchains like never before! With their help we can all enjoy faster speeds without any compromising on cost or timeliness- what more could you ask for??
Ethereum’s blockchain is currently hosting the lion’s share of applications. It will be complete with its upgrade in 2023, but existing projects don’t want the hassle so they can stay on here until then and use Polygon for their needs instead – including popular decentralized exchange Poloniex!
A polygon may still be useful when Ethereum upgrades, but its future relies heavily on whether or not the network can adjust to new technology. Vitalik Buterin stressed that layers 2 solutions will likely play a role in this transition and help compete with any kids coming out next year who want something different from blockchain overall
The key takeaway here was how important Polygons’ ability is for preserving functionality while also staying current with all changes happening within our industry.
Regardless of what the future holds for cryptocurrencies, Avalanche and Polygon are two altcoins to watch closely! They have a lot of potentials and could easily see their values multiply in the coming year. So don’t miss out on your chance to invest now- it may be your last opportunity for a while!
Enjin: The Enjin project is all about NFTs. And you know what? The non-fungible tokens industry has been booming lately too! So I guess it’s no surprise that this new system for digital certificates like ownership of in-game items and collectibles will change how we enjoy our favorite content on any device.
With the ability to create, store and trade NFTs on Enjin’s platform; gamers are given more freedom than ever before. The company has an active community with reputable leadership that supports it through many use cases in different sectors like gaming or art-collectibles–even though they’re still developing these features themselves! They also partner up with companies such as Sony (for PS4) which gives us insight into how popular this new type of digital merchandise could become when developed further by other brand giants.
NFTs already hold a lot of value and Enjin is only going to make them more accessible to the masses. If you’re looking for a long-term investment, I would definitely recommend keeping an eye on this project! It has tons of potential and could be worth a lot in the future!
Cardano: When it comes to Cardano, some people are frustrated by the slow-and-steady approach. They peer review each step before acting on them which can lead investors excited about their project’s potential for innovation or progressiveness in regards but also leaves them wanting more reactive features like faster releases and updates with less stone milestones that highlight what has been done thus far rather than just presenting an all-important smart contract at any given time without context as well as explaining why these particular choices were made during development because sometimes there might have been other options available if those weren’t selected initially.
In other words, Cardano does things the right way by taking their time and ensuring that every step is airtight. This allows for maximal security and also gives them a competitive edge when it comes to features that rivals like Ethereum might not have. They’re planning to release their Shelley update soon which will bring more decentralization to the network- so stay tuned!
In the meantime, Cardano is still a great investment option because of its long-term potential. So if you’re looking for a solid altcoin to add to your portfolio, I would definitely recommend picking up some ADA!
Disclaimer: Our content is intended to be used for informational purposes only. It is very important to do your own research before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on this article and wish to rely upon, whether for the purpose of making an investment decision or otherwise.