Five crypto assets to follow in 2022
To keep the spirits of traders, HODLers, and investors up, leading crypto exchange CoinSwitch regularly lists utility-focussed tokens. Here’s a list of five crypto assets to keep you going too. The list has been created keeping the future potential, existing growth cycles, and the impact on real-world industries in mind.
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View Details »Ethereum (ETH) The popularity of Ethereum—the world’s first general-purpose blockchain—is common knowledge. But why might now be a good time to look at ETH (the native token)? The answer is the upcoming grand Merge, which will push the Ethereum ecosystem to a Proof-of-Stake mechanism instead of the current, energy-intensive Proof-of-Work one. The shift will make Ethereum a more sustainable project in the long term. And with staking, expect better Defi projects to show up. As for the current state, here are the main selling points for ETH:
Ranked #2 in terms of market cap Market dominance of almost 17.80% Hosts most Defi protocols in terms of number and Total Value Locked Expected to become net-deflationary over time (higher demand than supply)Tezos (XTZ) Ranked at #37 globally, Tezos has the smallest carbon footprint to date. The network supports smart contracts and is immune to sentiment shifts caused by those sudden hard forks (abrupt blockchain divides). Tezos’ general-purpose tag, followed by its eco-friendliness, is expected to open several doors in the years to come. And all of that drives its adoption and usage up. If you plan on checking out the native token XTZ, here are a few pointers that might help:
Market dominance of 0.14% The Read more on economictimes.indiatimes.com
