Safemoon, Saitama Inu, Terra, Pancakeswap and Uniswap
Safemoon, Saitama Inu, Terra, Pancakeswap & Uniswap – Top 3 Reasons These Cryptocurrencies Will Do Better in 2022
by Analytics Insight
January 10, 2022
There are several cryptocurrencies that crypto investors should keep an eye out for in 2022. These are cryptocurrencies that have shown strong breakout potential this year and would be a perfect investment. This list includes some of the cryptocurrencies and 3 main reasons why each could do well in 2022.
Safemoon is one of the cryptocurrencies to watch in 2022. Although the cryptocurrency has risen to prominence and quickly lost almost all gains, it remains one of the powerful DeFi projects with huge potential for growth. escape this year. The first thing that could improve Safemoon in 2022 is the migration to the V2 protocol.
The protocol upgrade makes the Safemoon blockchain more efficient and attractive to users. The second reason is the launch of “Operation Phoenix”, which brings a series of decentralized innovations. The wind turbine and nanotechnology could improve Safemoon’s performance.
The Safemoon team hinted at the launch of the long-awaited exchange. There are three things that will make Safemoon the top performing cryptocurrency in 2022.
2. Saitama Inu
Saitama Inu is a meme that is doing very well in the market. In 2021, the coin reached a new ATH, and despite the recent dip, the coin could be bullish in 2022 for several reasons. First, the Saitama Inu will always be one of the best resource centers for crypto investment information with its Edutainment platform.
Second, the team makes Saitama more than just a coin. The token becomes more useful in 2022 as the team develops a comprehensive DeFi ecosystem. The main projects that will feature in the Saitama ecosystem are the DeFi and GameFi projects. Very soon, the team is launching the Saitamask. Another upcoming product is SaitaMaker, an NFT-based launch platform.
The third reason why Saitama Inu may perform better in 2022 is the rapidly growing community on Twitter and other social media platforms. This is the key to Saitama Inu’s marketing strategies.
Terra is a cryptocurrency playing a vital role in the industry, particularly in enabling crypto investors to manage the high volatility in the market. The Terra has done very well in the market and achieved an ATH in 2021. There are several factors that could make Terra do better in the market.
The Terra team is working on adding more stablecoins to their roster. Currently, Terra has the US Dollar, South Korean Won, and Mongolian Tugrik as stablecoins. The addition will give users more variety and also increase network users.
The team is also its system to make it more efficient and fast to increase the number of transactions and the user experience. The recent proposal to change Terra’s tax rate should also make the currency more attractive. These are three reasons that could make Terra a top performing crypto of 2022.
Bitgert is a cryptocurrency project that is building one of the biggest things in DeFi. Bitgert is building a p2p payment system that will run on the Bitgert ecosystem. The team is therefore building a complete DeFi ecosystem, and this is the first reason why it could perform well in 2022.
The second is the type of blockchain that Bitgert is building. The team is building a zero-fee blockchain, which means that users will not pay gas when buying, selling or transferring tokens on this blockchain.
The Bitgert team doxxing and project registration is the third reason why Bitgert might be important in the crypto industry. The team did a doxx in January 2022, and the project is in the process of becoming a legal entity. Learn more about this project on Bitgert’s website.
The Centcex project has done very well this month and is one of the cryptocurrencies with skyrocketing growth, others are in free fall. The coin is expected to be one of the best performing cryptos of 2022. There are several reasons why Centcex could do better in 2022.
The first is the token utility offered by the project. According to Centcex website, the Centcex laboratory will develop an unlimited number of products that will work on the ecosystem. This means more staking revenue.
The second reason is the products that the project launches. Currently, the Centcex team is developing a DEX without KYC. The exchange will be faster, secure and more user-friendly. The third reason is attractive staking rewards. An APY of 100% of revenue generated is shared as Centcex staking rewards.
6. Pancake Swap
The popularity of the PancakeSwap exchange has grown rapidly since the project was launched in late 2020. The exchange has provided a perfect platform for the launch of the new coins, and that is why most of the new coins are available on PancakeSwap.
One of the reasons why this cryptocurrency could grow the most is the upcoming upgrade of the exchange to increase the security, speed and cost of the exchange. This will make PancakeSwap more attractive. Another reason why this PancakeSwap might work better in 2022 is the $CAKE holder vote.
The rapidly growing following on Twitter and other platforms like Reddit is another that is setting PancakeSwap up for a bull run in 2022.
UniSwap is a decentralized exchange that facilitates trading and automated liquidity. The cryptocurrency managed to reach an all-time high in 2021 thanks to its liquidity solutions. Uniswap is also one of the cryptocurrencies that should do well in 2022 for a number of reasons.
First, the UniSwap team continues to improve the protocol for better automated solutions. UniSwap has also worked hard to keep the protocol more scalable, cheaper, and secure by improving its infrastructure. The second reason is the growing number of tokens that can be traded on UniSwap.
The other reason is the increasing usefulness of the project with the ever increasing number. There will be over 300 products which means more staking revenue. These are factors that could make UniSwap a better performer in 2021.
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