by Analytics Insight
January 21, 2022
A big part of the world today has its eyes on the crypto market. 2021 was undoubtedly a historic year for the Cryptocurrency market with surges in prices of many coins from Bitcoin, Ethereum to Altcoins. The crypto market is constantly changing and growing; we’ve seen numerous coins making all-time highs and lows, which has boosted people’s interests in the Crypto market. We’ll take you through some promising cryptos of 2022 and why you should keep them on your watchlist.
EverGrow coin has had surges in its price recently, and it’s one of the newly launched projects making headlines in the crypto space. EverGrow has a unique system of rewarding its holders.
$EGC Is a deflationary token which means it is designed to become more scarce over time. $EGC rewards its eligible holders in $BUSD. The project has announced several upcoming launches and utilities that will make the coin have more surge in price in the coming months. Launched in September 2021; it has accrued more than 130K+ token holders and has distributed over $33 million $BUSD in rewards to its holders.
The EGC ecosystem includes NFT lending to enable NFT owners to borrow their NFTs as collateral. NFT Marketplace, built on Binance Blockchain, helps NFT owners earn from their NFTs instead of just collecting digital dust. Also, Crator, an online content subscription platform, staking pools, and many more are expected to be launched by Q4 of 2022. EverGrow will also move into the metaverse this year, with Crator combining with their NFT marketplace into a virtual world for shopping, socialising, and rubbing shoulders with celebrities. These are all promising launches that will create surges in the crypto price.
Dogecoin, DOGE, is the first meme coin in the crypto space. It is also the first ‘Dog coin’ as its name was based on the famous dog meme called ‘DOGE.’ It is an open-source digital currency created by Billy Markus and Jackson Palmer. Dogecoin is now widely accepted as a means of payment and tips on Twitter and Reddit as a reward for posting quality content on these platforms. Currently, the meme coin is listed on top exchanges such as Binance and Huobi Global. Tesla’s CEO, Elon Musk, recently announced the company would be accepting DOGE as a means of payment for goods. Adoption of the coin by big investors and companies will create a substantial positive impact on the coin prices in 2022.
SHIBA INU ($SHIB)
Shiba Inu was arguably one of the top cryptos to make headlines in 2021. It is also considered one of the most profitable coins in the crypto market. The token has been pumping for most of 2021 and is expected to continue the bullish momentum as it is gaining more recognition in the crypto space. $SHIB will be recognized as a means of payment by some companies, which will help boost its recognition in the crypto market. SHIB holders have expressed delight at the possible introduction of the token in the Metaverse.
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