As we all know crypto has reached new heights in 2021. This year crypto has become mainstream. A lot has happened for crypto, from hitting total cryptocurrency market capitalization conquered $3 trillion, financial regulators started taking the crypto-asset class really seriously and even Elon Musk talked about the Dogecoin on Saturday Night Live.
Stepping into 2022, everyone is looking for the next big thing in the crypto world. Currently, blue-chips like ETH and BTC are popular among every internet user now. And now Bitcoin trading around $ 60,000 and Etherum around $4000, many investors are now searching for less established crypto tokens that have a chance of blowing up like BTC & ETH or at least offer higher returns. These investors are in great luck because there are many altcoins cryptocurrencies other than ETH and BTC that may break out and become the next blue-chip token.
Four arising digital forms of money to look at as we enter 2022.
1. Shiba Inu (SHIB)
Shiba Inu is an Ethreum-based crypto token. It is a meme-coin that has a SHIBA INU as a logo, which is a Japanese dog breed. Shiba Inu is getting great limelight because of Dogecoin’s huge success. Initially, Shiba Inu was considered the Dogecoin killer. Shiba Inu is currently valued at a fraction of a cent- achieved its all-time high in October. Having a market cap of $34 billion Shiba Inu is aiming to hit new heights in 2022.
2. Solana (SOL)
Solana is the fastest blockchain in the world, currently, it’s the world’s fifth-largest cryptocurrency with the fastest-growing ecosystem in crypto with 400+ projects spanning Web3, NFTs, DeFi, and more. Solana is one of the strongest crypto tokens with over a $62 billion market cap. Solana entered 2021 with a trading value of less than $2 and then hit its all-time high of $260 in the first week of November. Now it trades around $200. Solana coin’s skyrocketing value is evidence of Solana’s prospect growth. Solana should continue to grow stronger and SOL holders have a great chance to reach the moon.
3. Avalanche (AVAX)
Avalanche means ice or snow but contrary to its name, AVAX was red-hot this year. Earlier this year, AVAX was trading at around $3 and in late November, AVAX reached its all-time high valuing at $146. It’s currently trading at more than $115, with a market capitalization of over $26 billion. AVaX has surpassed Dogecoin and got into the top 10 largest cryptocurrencies in the world.
Having an amazing 2021, AVAX has some great projects ahead. A great boost in AVAX’s credibility is its deal with Deloitte which is a household name in the tech community. 2022 has a high potential of reaching its new heights.
4. Cardano (ADA)
Cardano (ADA) is a decentralized public blockchain and cryptographic money project and is completely open-source. With a market cap of $55 billion, Cardano is right behind SOL. ADA achieved an all-time high value in 2021. Entered the year with less than $0.20 trading value, it spike up to $3 in early September- in the process, ADA become the 3rd largest cryptocurrency. Because of the current market situation, ADA has also dropped off a bit and now trading at around $1.61. 2022 could be a make-or-break year for this coin.