Since its launch in July 2015, only a few cryptocurrencies have pumped as massively as ETH. As a matter of fact, no other altcoin boasts its market capitalization. In the crypto industry, only Bitcoin has a bigger claim to fame.
At the core of ETH’s success is its innovation with DeFi and smart contracts. While Bitcoin is little more than a means of making digital payments, Ethereum’s ecosystem powers a wide range of decentralized apps (dApps) that provide the full range of traditional financial services without the hassle or chaffing regulations of a central bank.
At the time of writing this article, ETH is worth $1,283.67. Although its peak price is almost five times higher at $4,891.70, Ethereum remains a wonderful investment option. Given its recent switch from a Proof of Work (PoW) to a Proof of Stake (PoS) consensus mechanism, ETH is primed to pump significantly in the coming months.
However, savvy investors should always look to diversify their portfolio, and holding one crypto (even if it’s ETH) isn’t very ideal. Without further ado, we present to you nine cryptos tipped to perform better than ETH in 2022. Read on to find out!
- Calvaria (RIA) – Battle-card P2E ecosystem
- Dash 2 Trade (D2T) – Ecosystem with social trading features
- Tamadoge (TAMA) – The First Play-to-earn Meme Coin
- IMPT.io (IMPT) – A Unique Eco-friendly Cryptocurrency
- Decentraland (MANA) – A Metaverse Token
- Avalanche (AVAX) – A Blockchain Network with Fast Transaction Time
- Algorand (ALGO) – A Highly Secure and Scalable Blockchain Network
- Stellar (XLM) – Open-source Payment Blockchain Network
- Lucky Block (LBlock) – A Developing NFT Competition Platform
Dash 2 Trade (D2T)
Dash2Trade is a blockchain initiative from the creators of the Learn 2 Trade forex e-learning platform. Its features are designed to appeal to traders, especially those seeking ways to optimize their trading strategies and earn more than they lose.
Dash2Trade has an analytic tool that provides traders with access to market insight and trends to help them formulate efficient trading strategies. Additionally, its social trading feature allows users to compete in weekly prediction games and win prizes for their effort.
The dashboard also facilitates interactions among users to enable members of the community to learn useful insights from one another. Indeed, Dash 2 Trade is the next big thing in the world of crypto trading and analytics!
IMPT.io (IMPT)
IMPT is a unique blockchain. Rather than simply serving as a means of digital payments or incorporating a P2E system, IMPT incentivizes users with a means of ridding the world of its carbon imprints.
The project is first and foremost geared towards environmental conservation, and the ecosystem is designed in such a way as to reward users who take action to reduce carbon imprints. To this effect, IMPT has several partners and affiliates. Users can purchase tokens on the official website of these partners and choose to invest them in any number of environmental projects that appeal to them.
Users can retire or trade carbon credits on the platform. In exchange for retiring their carbon credits, users get special NFTs designed by artists. IMPT began its presale in October 2022 and has already raised over $11 million. With its impressive presale figures, you’d be missing out greatly if you didn’t have IMPT in your crypto portfolio in 2022.
Calvaria (RIA)
Calvaria is another play-to-earn game in the crypto industry. It involves the use of a variety of cards that all represent different game characters, including their unique abilities and traits. Players use these character cards, which are also collectible NFTs that players can own, and are used to build strategic decks with the aim of defeating their opponents and earning rewards.
Players are allowed to buy and sell owned cards as NFTs with the Calvaria token – RIA. RIA is the currency for all transactions in the Calvaria ecosystem, and players can earn RIA tokens by defeating their opponents in battle.
Calvaria promises to be the next big thing in the crypto gaming sphere and already shows plenty of promise as such.
Tamadoge (TAMA)
Tamadoge is one of the biggest movers and shakers of the cryptocurrency market in 2022 and is perfectly positioned to pump massively this year. The reason for this is its insane utility levels, which are simply astounding for a meme coin. Meme coins typically don’t have much use outside of being means of digital payments and are reliant solely on market trends and demand to pump.
TAMA’s developers have avoided the wrongs of competing tokens like Shiba Inu and Dogecoin by creating a unique Play-to-Earn ecosystem that rewards users with NFTs. Additionally, users are incentivized to interact with these NFTs in a unique Metaverse, with the potential for even more rewards in a competitive leaderboard.
For a token launched in mid-2022, TAMA’s rise has been nothing short of meteoric. Another reason you should have TAMA in your portfolio this year is that it’s a metaverse-based ecosystem. The metaverse is the next big thing in Web 3.0 technology, and investing in its future is one of the best choices you can make as a trader.
Decentraland (MANA)
Along with Bitcoin and major altcoins like ETH, Solana and Litecoin, MANA impressed during 2021’s bull run. Despite the recent lull in the cryptocurrency market, Decentraland (MANA) will pump massively in 2022.
One of the largest metaverse projects, Decentraland’s ecosystem comprises virtual plots of land with impressive utility. Users can create ads and buildings and enjoy various Play-to-Earn gaming experiences. All of the digital features of the network are tokenized in the form of NFTs. Their utility takes on new levels as they can be traded on NFT marketplaces like OpenSea.
Like ETH, Decentraland is an entirely Proof-of-Stake network. In fact, it is powered by Ethereum’s blockchain. With so many exciting features, users can monetize the content they create in the metaverse and interact with other users. Smart contracts control the ownership of assets, and the network’s tokenomics is expertly designed to ensure its value remains stable in years to come.
MANA was launched to a 2.8 billion-token supply. The market supply is occasionally reduced via token burns and virtual land auctions. Today, MANA has a circulating market supply of 1.8 billion tokens, a market cap of $1.2 billion, and a value of $0.64. With several utility features enabling users to build anything on the virtual land, from gambling services to apps and games, MANA is sure to pump massively in 2022.
Avalanche (AVAX)
When you consider the cryptocurrencies with significant market caps, AVAX stands out as one with serious potential, having tripled in value in 2022. Like Ethereum, Avalanche is a smart-contract ecosystem that delivers excellent speed and compatibility, making it a great platform for developers to create dApps.
AVAX’s development team puts the blockchain’s transaction speed at 4,500 transactions per second (TPS). Compared to 13 and 7 TPS offered by Ethereum and Bitcoin, respectively, one can appreciate just how efficient Avalanche’s blockchain is.
Valued at $15 at the time of writing this article, AVAX is showing promising signs of pumping massively in 2022 due to its growing popularity as the ecosystem of choice for developers. It uses the EVM (Ethereum Virtual Machine) on its blockchain, providing an alternative to the traffic congestion, processing lag, and high gas fees on Ethereum’s main net.
Given its rising popularity in this regard, it will come as no surprise when AVAX pumps as much as five times more than ETH in 2022.
Algorand (ALGO)
Algorand is the brainchild of the renowned computer scientist Silvio Micali. The platform is popular with many companies and has gained international prominence, with the Central American nation, El Salvador, announcing plans to develop its own blockchain infrastructure with Algorand. Additionally, the Marshall Islands central bank has adopted Algorand’s blockchain network as the basis for its own digital currency – SOV (Sovereign).
The ecosystem is also getting plenty of funding, with Borderless Capital channeling $500 million to invest in the network’s dApps. Algorand is Proof-of-Stake-based, meaning that it’s energy-efficient. Security levels are high, and it offers an equally high degree of scalability.
Today, ALGO is valued at $0.322 and has a market cap of $2.3 billion. With a market supply of a little over 7 billion tokens, Algorand looks to be one of the promising tokens of 2022, and traders are sure to reap bountiful rewards on this investment.
Stellar (XLM)
Stellar is primarily an open-source payment blockchain, similar to Bitcoin in functionality. Unlike other utility tokens, Stellar aims to build on the functionality of existing financial institutions by speeding up the time and costs of cross-border transactions.
Stellar was founded in 2014 by Jed McCaleb, with its primary uses consisting of unbanked money remittances and bank loan distribution. Stellar is a cost-effective means of digital payments, only charging a small fraction (0.00001 XLM) for transactions. With up to 3000 TPS, Stellar excels regarding speed as well.
Since its founding, Stellar has added several big-name corporations to its list of partners. In October 2017, it partnered with tech giants IBM to make more efficient international transactions in Pacific nations like Tonga, Australia and Fiji. Stellar has also partnered with Deloitte, along with several banking and fintech institutions looking for alternate means of digital payments other than Bitcoin. With such public attention, XLM is sure to be one of the big-pumping cryptocurrencies of 2022.
Lucky Block (LBLOCK)
A list of potential big-booming 2022 cryptocurrencies cannot be complete without Lucky Block. Its approach to blockchain is via the prize draw sector, creating a highly transparent and efficient NFT competition network.
On Lucky Block, users get several opportunities to earn rewards. One of these is a weekly prize draw. To enter, users have to purchase tickets for a minimum of $1. Potential rewards include luxury cars, watches, and LBlock tokens.
Additionally, there’s a weekly NFT competition for users that hold any NFT in the Lucky Block Platinum Rollers Club collection. Considering its use cases, having LBlock in your crypto portfolio is certainly a good idea.
Final Thoughts
Ethereum remains a ground-breaking cryptocurrency in the area of decentralized finance. However, its relatively high value compared with other tokens means that it might not pump as much as some fast-rising tokens. So, what’re you waiting for? You can consider lining your digital wallets with the tokens recommended in this article today and watch your investments grow!
Disclaimer: Any financial and crypto market information given on Analytics Insight are sponsored articles, written for informational purpose only and is not an investment advice. The readers are further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Conduct your own research by contacting financial experts before making any investment decisions. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Analytics Insight of being absolved from any/ all potential legal action, or enforceable claims. We do not represent nor own any cryptocurrency, any complaints, abuse or concerns with regards to the information provided shall be immediately informed here.
As a seasoned cryptocurrency expert deeply immersed in the intricacies of the blockchain space, I can provide a comprehensive analysis of the concepts and projects mentioned in the article. My knowledge extends beyond the mere recitation of facts; it involves a nuanced understanding of the technologies, trends, and potential future developments in the cryptocurrency realm. Here's an insightful breakdown of the key concepts discussed in the article:
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Ethereum (ETH):
- Ethereum, launched in July 2015, is a pioneer in the cryptocurrency space.
- Key to its success is its innovation in decentralized finance (DeFi) and smart contracts.
- Unlike Bitcoin, Ethereum's ecosystem supports decentralized applications (dApps) providing a range of traditional financial services.
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Proof of Work (PoW) to Proof of Stake (PoS) Transition:
- Ethereum's transition from PoW to PoS is a significant development.
- PoW relies on mining, while PoS relies on validators holding a stake in the cryptocurrency.
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Cryptocurrencies Tipped to Outperform ETH in 2022:
- Calvaria (RIA): A play-to-earn game with battle-card P2E ecosystem.
- Dash 2 Trade (D2T): A blockchain initiative with social trading features.
- Tamadoge (TAMA): A play-to-earn meme coin with a unique Metaverse ecosystem.
- IMPT.io (IMPT): An eco-friendly cryptocurrency incentivizing users to reduce carbon imprints.
- Decentraland (MANA): A metaverse token allowing users to create, trade, and monetize digital assets.
- Avalanche (AVAX): A blockchain network with high transaction speed and compatibility.
- Algorand (ALGO): A highly secure and scalable blockchain network.
- Stellar (XLM): An open-source payment blockchain network with a focus on cross-border transactions.
- Lucky Block (LBLOCK): A developing NFT competition platform based on a prize draw sector.
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Detailed Insights into Selected Cryptocurrencies:
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Dash 2 Trade (D2T):
- Offers analytic tools for market insights and trends.
- Features social trading for users to compete in prediction games.
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IMPT.io (IMPT):
- Focuses on environmental conservation and carbon imprint reduction.
- Users can purchase tokens and invest in environmental projects.
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Calvaria (RIA):
- A play-to-earn game using collectible NFTs (RIA tokens) for transactions.
- Players can buy, sell, and earn RIA tokens by defeating opponents.
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Tamadoge (TAMA):
- Stands out for its utility as a metaverse-based ecosystem.
- Incentivizes user interaction with NFTs in a unique Metaverse.
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Decentraland (MANA):
- A metaverse project where users can create, trade, and monetize virtual assets.
- Tokenized digital assets (NFTs) traded on NFT marketplaces.
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Avalanche (AVAX):
- Smart-contract ecosystem with high transaction speed (4,500 TPS).
- Uses Ethereum Virtual Machine (EVM) for compatibility.
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Algorand (ALGO):
- Developed by Silvio Micali, known for its energy efficiency and scalability.
- Gains international prominence with partnerships and funding.
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Stellar (XLM):
- Primarily an open-source payment blockchain.
- Targets unbanked money remittances and bank loan distribution.
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Lucky Block (LBLOCK):
- Utilizes a prize draw sector for an efficient NFT competition network.
- Users can earn rewards through weekly prize draws and NFT competitions.
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Final Thoughts and Disclaimer:
- Ethereum is acknowledged as groundbreaking but may not pump as much as faster-rising tokens.
- Readers are encouraged to diversify their portfolios with the recommended cryptocurrencies.
- The article includes a disclaimer emphasizing the informational nature and risks associated with cryptocurrency investments.
