2018 was an incredible year for the cryptocurrency market with a total return of 5,000%. The global economy is on fire and rising demand has led to new highs. What will be the best performing cryptocurrencies and altcoins in 2022?
The “next cryptocurrency to explode 2022” is a prediction for the best performing cryptocurrencies and altcoins of 2022. The article also includes information about the market capitalization, trading volume, price, and other metrics.
In the year 2021, cryptocurrency “mooned.” Not only did the main cryptocurrencies reach all-time highs, but cryptocurrency interest and acceptance also soared. The digital assets listed below stood out among their contemporaries.
|Name||Year-to-Date ROI 2018 ( percent )||Capitalization of the market (USD)||Daily Volume of Trading (USD)||The cost (USD)||Size of the Community (Measured by Twitter Followers)||Score|
|Games Gala (GALA)||44619.56%||3,194,270,648||384,299,862||$0.45||253,000||4.5|
|Axie Infinity is a fictional character created by Axie (AXS)||15711.39%||5,722,494,765||187,706,566||$94.38||822,000||4.0|
|The Sandbox is a play area for children (SAND)||15917.70%||5,471,449,885||933,784,731||$5.89||706,000||4.0|
|This is a This is a polygon (MATIC)||14087.91%||18,072,188,191||962,512,788||$2.53||1,000,000||3.5|
|Terra is a character in the game Terra is a character in the game Terra (LUNA)||13060.90%||32,339,597,095||1,498,516,348||$89.79||278,000||3.5|
|Solana is a character in the film Solana is a character in the film Solana (SOL)||9144.91%||54,311,741,066||1,073,941,708||$176.16||1,200,000||3.5|
Games Gala (GALA)
- 44619.56 percent return on investment
- $3,194,270,648 in market capitalization
- Cost: Price: $0.45.45
Gala Games is a blockchain gaming platform that uses a play-to-earn concept. GALA is the currency that runs Gala Games. GALA acts as a vehicle of communication amongst Gala Games participants. Many gaming tokens had a banner year in 2021, with GALA leading the pack with a price increase of almost 40,000 percent. After being featured on major cryptocurrency exchanges like Binance and Coinbase in late 2021, it grew significantly. GALA is attempting to reshape blockchain gaming by providing users more power while also developing an entertaining platform to use. (BMJ Rating: 4.5)
Axie Infinity is a fictional character created by Axie (AXS)
- 15711.39 percent return on investment
- $5,722,494,765 in market capitalization
- Cost: $94.38
Axie Infinity is an online strategy game based on NFTs and developed on the Ethereum network. The game is based on the popular Pokémon franchise, and users may nurture, gather, fight, and sell digital creatures known as Axies for a profit. Axie saw a rapid surge in sales in 2021, surpassing the $1 billion barrier before the year’s conclusion.
In 2021, Axie Infinity’s bull run reached an all-time high of $160. It is one among the best-performing cryptocurrencies in 2021, with a gain of over 16,000 percent since January. (BMJ Rating: 4.0)
The Sandbox is a play area for children (SAND)
- 15917.70 percent return on investment
- 5,471,449,885 in market capitalization
- Cost: $5.89
The Sandbox is an Ethereum-based virtual metaverse that enables participants to create, control, and monetize 3D NFT-based games. The Sandbox started out as a mobile game before being purchased by Animaco Brand, a blockchain gaming software firm. They subsequently turned it into a free-to-play decentralized 3D game.
SAND began the year at SAND kicked off the year at $0.037 and went on to trade just below $1 for the following months up until Facebook’s metaverse announcement on October 29th. Its price then shot up until it hit its all-time high at $8, a month later. This strong finish by SAND saw it amass a 16,000% price increase in 12 months. (BMJ Score: 4.0).037 and traded slightly below $1 for the next few months, until Facebook announced their metaverse on October 29th. Its price subsequently skyrocketed, reaching an all-time high of $8 a month later. SAND’s strong finish resulted in a 16,000 percent price gain in a year. (BMJ Rating: 4.0)
This is a This is a polygon (MATIC)
- 14087.91 percent return on investment
- 18,072,188,191 in market capitalization
- Cost: $2.53
Polygon is an Ethereum layer-2 scalability solution that enables transactions to be executed outside of the main network. It’s also a place where decentralized apps and blockchains may be launched by developers. Polygon decreases transaction costs and considerably enhances transaction speed as a layer-2 scaling solution. Second, Polygon serves as the foundation for some of the most popular decentralized apps, like Sushiswap and Aave.
MATIC grants Polygon abilities and acts as a utility token. MATIC is presently ranked among the top 20 cryptocurrencies in terms of market capitalization. At the start of the year, it was trading at MATIC powers and serves as the utility token for Polygon. MATIC currently features in the top 20 list of cryptocurrencies by market capitalization. It was trading at $0.02 at the beginning of the year and went on to hit its all-time high at $2.92 toward the end of the year. (BMJ Score: 3.5).02, and by the end of the year, it had reached an all-time high of $2.92. (BMJ Rating: 3.5)
Terra is a character in the game Terra is a character in the game Terra (LUNA)
- 13060.90 percent return on investment
- 32,339,597,095 in market capitalization
- Cost: $89.79
Terra is a fiat-pegged stablecoin blockchain payment platform. Terra’s protocol is meant to keep the price of the Terra stablecoin stable by maintaining the supply and demand balance. As a result, Terra payments do not change with the crypto market. Terra is built on the Cosmos blockchain, which is speedier and has cheaper transaction costs than the Ethereum network.
Terra’s native cryptocurrency, LUNA, offers liquidity to the network and absorbs the stablecoin’s volatility. The price of LUNA soared to an all-time high of $99.72 in the last month of the year. (BMJ Rating: 3.5)
Solana is a character in the film Solana is a character in the film Solana (SOL)
- 9144.91 percent return on investment
- $54,311,741,066 in market capitalization
- The cost is $176.16.
Solana is a smart contract blockchain that makes it easier to create decentralized apps (DApps). It uses a combination of Proof of Stake (PoS) and Proof of History (PoH) consensus mechanisms to process transactions quicker. Solana’s transaction costs are also 99 percent less than Ethereum’s. As a result, it is one of Ethereum’s main rivals.
SOL is now ranked 5th in terms of market capitalization as the most popular cryptocurrency. It began the year at little over $1 and peaked in early November at $258, an all-time high. (BMJ Rating: 3.5)
Cryptocurrencies with the Best Performance in 2022
The crypto sector had a busy year, with bitcoin and other altcoins reaching all-time highs, the NFT business booming, and long-awaited accomplishments like the first bitcoin-linked ETF.
What can we expect in 2022? To keep on top of everything, every day, sign up for our free crypto newsletter.
The “top 10 cryptocurrency 2022” is a list of the top performing cryptocurrencies and altcoins of 2022. The list includes the coins that have shown to be very promising in terms of market cap, price, and performance.
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