Top 10 Best Cryptocurrencies
Cryptocurrencies are digital assets that can be used for buying and selling goods or services without needing traditional currency. Furthermore, they serve as a great way to protect against fiat currency devaluation and potential inflation.
Bitcoin has been the most sought-after cryptocurrency for years and remains the leader by market capitalization. Unfortunately, its recent volatility has taken its toll as investors were left scrambling to recover from a recent market dip.
Uniswap is a decentralized cryptocurrency exchange that allows you to swap coins without creating an account. This makes it a great alternative to centralized exchanges which tend to be profit-driven and charge high fees.
Uniswap utilizes an automated market maker (AMM) model to price tokens, unlike traditional order book exchanges like Coinbase or Gemini. Furthermore, it’s permissionless – meaning there is no requirement to submit KYC information.
Dogecoin is a cryptocurrency used for online transactions. Like Bitcoin, Ethereum, and Cardano, it uses blockchain technology to store records of transactions on an decentralized network of computers.
Dogecoin is mined through a process known as proof-of-work (PoW). Miners receive Dogecoin in exchange for their hard work.
3. Shiba Inu
Shiba Inu crypto is an Ethereum-compatible canine-themed token designed to offer a more diversified alternative to Dogecoin. It provides several DeFi features such as an NFT art incubator and decentralized exchange called Shibaswap.
At launch, the coin had a supply of one quadrillion coins (a quadrillion is an integer followed by 15 zeros). 50% of this initial supply was secured on Uniswap – a decentralized finance platform – and Vitalik Buterin received another 50% as part of his launch gift.
Solana is a decentralized, secure and scalable blockchain network. It’s ideal for businesses that require rapid connectivity with high reliability.
Solana employs a novel combination of Proof of Stake consensus and proof-of-history transaction ordering to address the blockchain trilemma. Furthermore, it is more energy efficient than PoW systems like Ethereum.
Meta Masters Guild (MEMAG) is the latest crypto project to hit the market. By integrating NFTs, play-to-earn mechanics, and engaging gameplay in an innovative manner, it has quickly captured the attention of crypto experts.
Meta Masters Guild’s ecosystem strives to create a Web 3 gaming community that emphasizes mobile games and rewards players for their effort. Gamers can earn in-game prizes that they can then reinvest back into the MMG ecosystem using GEMS tokens.
6. Fight Out
Fight Out is a cutting-edge fitness app that rewards you for doing various exercises. Its move-to-earn mechanism is not restricted to specific goals or require expensive NFTs (Non Functional Tokens).
The $FGHT token is the exclusive currency of the Fight Out metaverse, where users can participate in leagues, tournaments and special game modes. Plus it grants users a 25% discount on their membership fees!
RobotEra is an exciting sandbox-style planet-rebuilding metaverse. It offers a wide range of NFTs and gameplay options, as well as an intricate lore surrounding Planet Taro.
Players can create land using a drag-and-drop editor and generate unique NFT digital assets. Furthermore, it has an user-friendly staking system and random events that provide passive income opportunities.
8. Lucky Block
Lucky Block is an online crypto lottery that utilizes blockchain technology to enhance player experience. It strives to provide complete transparency, protection against manipulation, and guaranteed profit distribution.
The LBLOCK token, an essential element of the system, is utilized for purchasing tickets and awarding prizes. Furthermore, 10% of jackpot winnings are donated to charitable causes by the platform.
Tamadoge is a brand-new cryptocurrency that merges a popular meme with an asset. The project looks set to take off in 2022, potentially becoming the next crypto to reach $1.
The coin has already exceeded its presale goal, raising more than $2 million. Furthermore, it plans to launch its P2E arcade and mobile app soon – both of which are expected to attract many investors.
10. Shiba Inu
Shiba Inu is a decentralized cryptocurrency with a dog-themed meme. Its community is welcoming, and the system boasts numerous features that make it an excellent ecosystem.
Its mission is to create a decentralized project without an established leadership team, achieved through the establishment of DEXs, ShibaSwaps, and artist incubators.