Additionally, holders are rewarded with 1% tax on each transaction. Each transaction triggers a burn rate of approximately 1% and this will reduce the supply over time. While the supply is high, there is a continuous burn on both the Ethereum blockchain and the Binance Smart Chain. With FEG intending to bring further improvement and innovation, the opportunity is significant.įurthermore, FEG is a hyper-deflationary token with a current supply of 42 quadrillion. The total assets locked in decentralized finance are likely to be in excess of $200 billion. In the last 12-18 months, decentralized finance has boomed. I believe that there are two important reasons to be bullish on the token.įirst and foremost, FEG is developing smart decentralized finance. The idea behind FEG token is to provide a decentralized transaction network, which operates on the Ethereum blockchain (ERC-20) and the Binance Smart Chain (BEP-20). I would not be surprised if the token delivers multi-fold returns in the next few quarters.įEG token seems like another name among the best cryptos to buy for 2022 that can deliver multi-fold returns. The company intends to pursue a big marketing push in Q1 2022. Overall, MOVE token is worth holding for long-term investors. It’s also worth mentioning that MarketMove project has a strong team with the core team having worked in organizations that include Alphabet (NASDAQ: GOOG, NASDAQ: GOOGL) McKinsey and Micron (NASDAQ: MU). In the coming quarters, MarketMove also intends to launch staking, which will provide additional returns. This burn will reduce the token supply over time and holders will also get reflections.
In simple words, when people buy or sell the token, there is an associated fee. However, 75% of the supply was burnt at the beginning.įurther, MOVE token is hyper-deflationary. The project will introduce these functionalities for investors using their platform.įrom the perspective of tokens, MarketMove had an initial supply of one trillion. Buying and selling on decentralized exchange does not allow for limit orders or stop-loss orders. MarketMove is also game changing in one key area. In simple words, the platform will separate quality projects with strong use cases from purely speculative crypto projects. MarketMove aims to address this issue with AI-driven contract audits. One of the challenges for investors in the world of cryptocurrency is rug pull. Internet of Energy Network (CCC: IOEN-USD)Ĭryptos to Buy Before 2022: MarketMove (MOVE).With that said, let’s look at seven cryptos to buy that are best-positioned to surge in 2022 and make investors rich. It’s also worth noting that multi-fold returns in altcoins come at the blink of an eye. It might, therefore, be a good time to consider exposure to some altcoins. In general, a rally in Bitcoin is followed by a strong momentum for altcoin. In other big news, Mastercard (NYSE: MA) has partnered with leading digital currency companies across the Asia-Pacific to launch the regions first crypto-linked payments card. Recently, Tim Cook also revealed that he owns Bitcoin and he’s been “ interested in it for a while.” There are clear indications of wider adoption of cryptocurrency to diversify the portfolio. The key is to not get tricked into making quick assessments and taking your time to identify cryptocurrencies with ambitious roadmaps. Although the cyrpto market has seen rocky times lately, and the price of some cryptocurrencies has shifted dramatically, that doesn’t discount the fact that several cryptos will stand the test of time.
With the recent surge in Bitcoin (CCC: BTC-USD) and Ethereum (CCC: ETH-USD), the cryptocurrency market capitalization has topped $3 trillion.
The reason? There’s been plenty of great news for cryptocurrency lovers (along with a few ugly moments here and there, of course). Now is a great time to look at some of the best cryptos to buy for 2022 and beyond.
0 kommentar(er)
