Top Promising Cryptocurrency Assets to Consider for Investments | The Guardian Nigeria News

   2022-08-26 12:08

Many experts claim that cryptocurrencies are the future of the world, and we think there is truth in their words. Blockchain technologies are rapidly gaining popularity among users and are implemented in various industries.

The demand for this payment method has increased significantly as people have come to understand that it is secure, anonymous and not controlled by banks or government bodies around the world. Many users still only know a few coins, but this technology has gone far beyond Bitcoin. See the most prospective crypto assets that are predicted to show growth in the near future.



Ethereum: the main asset of your cryptocurrency wallet
This coin ranks second in popularity and can be placed just below Bitcoin. This cryptocurrency appeared in 2013 and was underestimated by users for a long time. However, it is now experiencing a new surge in its popularity. The coin appeared in the main assets for investments in 2020 and, even now, it will not give up its position. Many people use it widely: for example, Canadian online casino fans prefer Ethereum as it is a fast and secure payment method. If you are still thinking about where to invest money, consider this cryptocurrency when choosing.


Less popular but promising VIBE

It is an Ethereum-based blockchain, and many experts consider it a promising asset. The cryptocurrency was launched in 2018 and four years later, it is still at its peak, being in the top 5 list in the world. Its capitalization is around $295 million, so cryptocurrency analysis and investors think it has a great future in the market.

STEPN: Move to Win

This new technology has already gained a lot of attention from users. It is based on the Solana blockchain, and its uniqueness is that you need to move to earn cryptocurrencies. Basically, it is a game where each player is rewarded with free cryptocurrencies. Its capitalization has reached more than US$ 830 million; here, the balance between supply and demand is strongly maintained.

Tether as the most stable asset
This is the e-dollar linked to the fiat currency rate. Tether tops the list of most sought after cryptocurrencies with a capitalization of over $66.7 billion. It is considered the most stable currency as it entails minimal risks. On the other hand, Tether will not bring you insane profits while trading as its rate does not fluctuate significantly. But this is one of the most convenient ways to keep your assets and buy everything you need as it is accepted in various spheres.

Avalanche: promising newcomer
It is considered to be one of the novelties on the market since it appeared in 2020. During these years, the capitalization of this Singapore project has grown to US$7.3 billion. Its main benefit is a great combination of Ethereum blockchain and increased speed. At the moment, more than 720 million tokens have been released. Also, a part of them was generated automatically, which is a feature that offers insane opportunities for creating different cryptocurrencies.

Bitsubishi and incredible growth
You may not have heard about this cryptocurrency as it is usually not on the top coins list. However, it showed incredible growth this spring – over 1900% increase impressed all traders and made them believe in their future. Bitsubhishi’s main mission is to create a safe and effective decentralized financial system where international companies, traders, investors and other market participants can carry out secure transactions instantly.

Single Binance Coin with Big Future

This asset is quite popular right now and is widely used on the Binance platform to reduce trading fees and stabilize the market. This currency is less volatile than, for example, Ethereum, which is one of the main reasons many investors have switched to it. The decentralized financial market continues to expand, which is why experts consider BNB a promising asset.




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