Introduction
Many cryptocurrencies and virtual currency are out there, but not all are worth investing in. The market is filled with scams and projects that will never get funded or released. Here is the list of 10 cryptocurrencies to be sold in 2022.
1. NEO
NEO is a blockchain and cryptocurrency designed to digitize assets and automate digital-ass management using smart contracts.
NEO was founded in 2014 by Da Hongfei, Erik Zhang, and Feng Han. Originally called AntShares, NEO's goal is "a smart economy" where blockchain technology can be used to digitize assets such as currency (US dollars) and real estate ownership.
2. EOS
EOS is a cryptocurrency and blockchain that enables horizontal scaling of decentralized applications. It allows for developing decentralized applications (dApps) hosted on their blockchain.
EOS aims to solve scalability, transaction speed, and fee problems by introducing a new consensus algorithm called Delegated Proof-of-Stake (DPoS). DPoS allows network participants to vote on who will run nodes in the network instead of having one single node run all operations.
3. ONT
ONT or Ontology is a blockchain platform that provides an infrastructure for building distributed applications. It combines trust management and identity with other technologies such as IoT, blockchains, and cyber security. The project was founded by Onchain CEO Daniel Zhang in 2017.
4. IOTA
IOTA is a cryptocurrency. It's also a scalable and secure transaction settlement system that can be used for the Internet of Things (IoT). In short, it acts as an intermediary between machines on the internet so that they can communicate without going through centralized entities like banks or governments.
The problem with this approach is that there are many different types of IoT devices, each with unique needs and requirements regarding how data should be handled and exchanged between them—and these devices aren't going anywhere anytime soon.
5. Bitcoin Cash
Bitcoin Cash (BCH) is a cryptocurrency that was created after a hard fork of Bitcoin. BCH has larger block sizes and faster processing times than BTC, meaning it can be used more efficiently in real-world applications. It's also cheaper to transact with than its predecessor, which makes it an attractive option for those looking to get into cryptocurrencies. Many people prefer BCH over BTC because they think it offers better value for their money.
6. Enjin Coin (ENJ)
Enjin Coin (ENJ) is a cryptocurrency that gamers use to buy and sell virtual goods. The coin is used in the Enjin platform, allowing users to create, manage, and distribute digital content.
The company started as an online gaming community in 2012 with its first game called "Enjin," where players could earn ENJ coins by winning matches or participating in other activities like creating their accounts or selling artworks they started on the site.
7. Zilliqa (ZIL)
Zilliqa is a scalable, secure, decentralized blockchain platform that uses sharding to enable high throughput rates. It's also one of the first public blockchains to implement the new Zilliqa protocol — a distributed state machine for smart contracts based on brilliant contract execution and verification.
Advantages of Zilliqa-
- The token supply is limited (1 billion tokens)
- You can sell or buy your coins using any cryptocurrency exchange or wallet that supports ERC-20 tokens
8. VeChain (VET)
VeChain is a supply chain management platform that uses blockchain technology to create a trustless and distributed business ecosystem.
VeChain has seen massive growth since its inception in 2016, and it's still relatively unknown outside of China because only about 100 million tokens are currently circulating. This makes VeChain an excellent cryptocurrency for those looking for high potential returns without committing too much capital upfront or waiting long periods before seeing any returns on their investment (like Ethereum).
9. Tron (TRX)
A decentralized blockchain-based Tron (TRX) promises to establish a global system of free interactive content. It was founded by Justin Sun and the Tron Foundation.
Tron is one of the most popular cryptocurrencies in Korea, where it ranks third among others on CoinMarketCap and has an average daily trading volume of over USD 26 million.
10. XRP
XRP is a cryptocurrency designed by Ripple Labs. It's the third largest cryptocurrency by market cap and has been around since 2013 when it was first launched as "ripples" (XRP) in San Francisco.
XRP is a digital asset that can be used for payments. Still, it also serves as an intermediate currency within the Ripple network, which carries out transactions between banks or institutions across different countries. To learn more about the investing process, one can take the help of the bitcoin trading platform.
Conclusion
It's hard to predict what the future will bring, but one thing is for sure: cryptocurrency is here to stay. Whether you're getting started with your cryptocurrency investment portfolio or are looking to sell off some of your holdings to diversify, ten digital assets could be worth holding onto in 2022.