With new and exciting projects launching on a daily basis, the crypto market’s growth shows no signs of slowing. These projects come with their own set of risks, but they also have a lot of upside for crypto investors.
However, the year 2022 has tightened its grip on the cryptocurrency market, which has resulted in increased volatility and intense selling pressure for investors.
With that in mind, this article will provide the top tokens that could help your wallet despite the lack of people’s confidence in the cryptocurrency market.
- Fantom (FTM)
Fantom, one of the Ethereum killers, stands out as an excellent investment opportunity for newbies. It is a competing decentralized application (dApp) blockchain network aimed at changing smart cities.
Fantom is a 4th-generation blockchain that leverages an advanced DAG (directed acyclic graph) architecture to enable smart cities with continuous scalability at the lowest cost.
It is a high-quality project designed to create a smart contract platform that will serve as a nervous system for smart cities.
The network gives users and developers a constant increase in usability and functionality with features like peer-to-peer lending and staking services.
- Polygon (MATIC)
Polygon was one of the top gainers in 2021, when the price surged from $0.01 on January 1, 2021, to its highest of $2.92 by December 27.
Most crypto experts believe MATIC’s price will continue to rise steadily over the next few years. However, because the cryptocurrency market is so unpredictable, it is practically hard to predict the future of the cryptocurrency sector in general, and the Polygon network in particular.
The Polygon’s true power is in its fraud-proof method.
Polygon achieves optimal decentralization by integrating PoS at the “CheckPoint Layer” and delegates at the block producer layer. This approach requires users to report any suspected fraudulent transactions. As a result, the number of fraudulent instances has decreased. This mainchain security is in addition to the PoS protocol’s sidechain security.
- Gnox Token (GNOX)
Gnox is a utility platform for DeFi. Many early adopters have already reaped rewards of more than 50%. When the site goes live, its economic model truly opens up the possibilities.
There are two explanations for this. For starters, GNOX tokenomics encourage early uptake and long-term holding. They prevent high volatility and short-term trading by levying a 10% “fee” on all transactions, making it unsuitable for day trading or swing trading.
For steady passive income, 6% of the 10% goes into a treasury that is invested in a broad basket of DeFi protocols, such as liquidity pools, lending platforms and staking incentives.
Gains are then used to purchase back and burn GNOX tokens on the open market regularly, increasing the token’s value.
With the treasury diversifying into low-risk DeFi protocols that generate passive income and a solid incentive for hodl, GNOX appears to have no choice but to rise.
Learn more about Gnox:
Join Presale: https://presale.gnox.io/register
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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