By EWN • 28 August 2022 • 11:30
This article explores the next cryptocurrency to explode in 2022, emphasising the coins with the most price potential, and then explains how to invest in the cryptocurrency with the most potential now.
But amid a sea of more than 19000 coins on the cryptocurrency market, how can you choose the coin most likely to burst this year?
This post addresses this question and introduces you to the next cryptocurrencies to explode in 2022. Not only do these assets promise exponential growth in the next months, but they are also durable and very robust, allowing you to compound your earnings for years.
We will compare two well-established tokens, Fantom (FTM) and Cosmos (ATOM). Additionally, we will examine a new cryptocurrency called Freewoly (FWoly).
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Fantom (FTM) is a blockchain-based digital currency that seeks to establish a global payment system that is quick, simple, and safe. In 2021, when most coins were on a roll, the Fantom coin withstood the test of time and became one of the greatest winners. In October 2021, the price hit an all-time high of $3.48.
Fantom (FTM) has generated considerable interest since it is seen as a superior alternative to Ethereum (ETH). As a result, Fantom (FTM) tokens are available for purchase on the largest cryptocurrency exchanges and decentralised crypto exchanges, such as Uniswap (UNI) and Sushiswap (SUSHI).
Transaction processing efficiency is one of the most attractive features of Fantom. The platform can process thousands of transactions per second and settle them within one to two seconds. All of these occur for a fraction of a penny.
Being a unique contract platform capable of processing more than 50,000 transactions per second makes it almost difficult to ignore the token.
Cosmos (ATOM) is a coin that enables a scalable and interoperable blockchain ecosystem.
The team aims to “create an Internet of Blockchains, a decentralised communication-capable blockchain network.”
Comdex, a market protocol based on the Cosmos network, has announced the creation of a new stable currency for the InterBlockchain communication protocol, which is excellent news for the ATOM ecosystem.
Composite, a fully collateralised IBC-enabled stable currency, will provide liquidity for Cosmos assets by bridging the gap between CeFi and DeFi.
The greater the number of apps and stable currencies deployed on Cosmos, the easier it will be for users to access more network services. The ATOM Token functions as the network’s native currency and have acquired tremendous traction among cryptocurrency veterans.
FreeWoly (FWoly) is a fascinating startup with an engaging augmented reality play-to-earn (P2E) gaming premise, and it’s making the world of meme currencies a lot more exciting. FreeWoly is a venture that has revitalised the cryptocurrency market.
In addition to the financial benefits of the play-to-earn structure, the game is designed to be enjoyable, engaging, and beneficial.
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For an interactive experience, try out Freewoly (FWoly), which combines elements from the actual world with those created by a computer to create a new sensory environment.
The FreeWoly ecosystem will employ FWO to buy and sell livestock and agricultural products. However, once you leave the FreeWoly ecosystem, FWO may be used just like any other cryptocurrency.
Put another way, FWoly can fuse real-world and virtual-world aspects, providing the user or player with a semi-immersive and participatory experience.
The FWoly token is a hybrid token supported by an NFT-based ecosystem and tokenomics; in essence, it is meme money.
The FWO token functions as part of a decentralised autonomous organisation (DAO) and the value of the token is determined by smart contracts built on the Binance Smart Chain (BSC).
FreeWoly plans to use a similar approach in practice by first building a community around the meme currency and the eventual game. Then, the token will be utilised in-game to benefit token holders, community members, and players.
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