Cryptos have been making waves in the financial world for now, with ever-improving Bitcoin and Ethereum. But what about the other cryptos? What about the ones out there that aren’t as well-known? What about the ones that are yet to be invented? Although these questions may seem odd coming from a crypto-enthusiast, the truth is that there are many other uses of blockchain technology that have yet to be explored.
If you’re interested in cryptocurrency, you’ve probably heard of Bitcoin and Ethereum, but have you heard of other blockchain-based tokens? If you’re looking to play in the cryptocurrency game in the upcoming years, check out these games that are set to rise in 2022.
1)Bitcoin
In 2020, the number one cryptocurrency in the world will be replaced, yes, replaced. And not only that, it will be replaced by a new “bigger” version of the same thing. Yes, a new “bigger” version of the same thing. If you think about power generation vs. energy consumption, then each bitcoin generates the same amount of electricity as 100,000 traditional power plants.
2)Cardano
Also, in 2020, there will be a new “bigger” version of Cardano. Yes, a new “bigger” version of the same thing. Many people will refer to it as the “new Bitcoin” because it is expected to be the same thing but with more advanced technology. Cardano is a blockchain-based platform intended as a “store of value” rather than as a currency. Cardano uses a type of blockchain called “software,” capable of advanced functions like smart contracts and scalable blockchain applications. Currently, Cardano is the second-largest cryptocurrency by market capitalization, with $9.1 billion in total value as of May 2019.
3)IOTA
In 2021, a new “bigger” version of IOTA will be released, which is expected to be even more scalable and flexible than the current version. As of May 2019, the total value of all cryptocurrencies in circulation is $8.9 trillion. If every one of those coins were listed and traded on a single exchange, that would represent a market capitalization of $93 billion. But wait, there’s more. What if the entire business shut down for a day, and everyone just traded their coins manually? Then everyone would have a much better chance of grabbing a piece of the action, even if only a tiny fraction of the overall market.
4)Golem
In 2021, a new “bigger” version of Golem will be released. Yes, a new “bigger” version of the same thing. It is expected that this new version will incorporate even more functionality and be even more scalable and flexible than the current version. As of May 2019, the total value of all cryptocurrencies in circulation is $8.9 trillion. If every one of those coins were listed and traded on a single exchange, that would represent a market capitalization of $93 billion. But wait, there’s more. If a single conversation had access to all these tokens and could list them all on one platform, then all the parties involved would succeed.
Conclusion
The markets are set to rise in 2022, with many new and exciting games to play. However, it’s essential to stay on top of the latest trends, so you don.
