The maturation of cryptocurrency, which has been anticipated long before now, has persisted to be outstanding. This post is all about the top 3 cryptocurrencies that can make you a millionaire in 2022. Since the advent of Bitcoin in 2009, the crypto world has continued to notice the evolution of other projects. Let’s take a look at it in more detail.
Top 3 Cryptocurrencies: Avalanche (AVAX)
If there is one cryptocurrency that is presently recognized as the “Ethereum Killer”, it is currently Avalanche. This tag was unofficially maintained by Cardano and Solana in 2021. This is because Avalanche has created a swift, efficient and safe blockchain network, which can be the foundation of dApps through smart contract operations.
The DeFi space in particular is rising massively on the Avalanche Blockchain. The network is completely consistent with Ethereum assets, apps, and tools. In disparity, Avalanche delivers extremely lower prices and huge scalability. The AVAX token still appears to be very affordable compared to SOL, for example. Avalanche is a hot buy of 2022.
Top 3 Cryptocurrencies: Polkadot (DOT)
This year both Polkadot & @kusamanetwork launched parachains, both treasuries funded over 1K proposals, 540 forkless upgrades occurred, XCM v2 launched, Polkadot rebranded on-chain, roughly 400 meetups were held, & so much more.— Polkadot (@Polkadot) December 31, 2021
Read more from @gavofyork: https://t.co/Kk0a0BFskw
Polkadot has demonstrated itself rather peacefully in the top 10 most beneficial cryptocurrencies. The Parachain auctions in December played a crucial role in the price gains for the DOT token. The auctions were carried out for the Polkadot ecosystem as well as for the “little brother” Kusama. Both networks are described by the parachains, i.e. “connection chains” between various blockchain networks.
Polkadot has the ambitious purpose of building the “Internet of Blockchains”. The successful auctions should give Polkadot’s DOT token an additional boost at the beginning of the next year.
Top 3 Cryptocurrencies: ChainLink (LINK)
#Chainlink saw unprecedented adoption in Q3 of this year.— Chainlink – Official Channel (@chainlink) November 11, 2021
With over 250 new projects now #PoweredByChainlink—from top dApps to data providers, node operators, and enterprises—the #blockchain ecosystem is realizing the power of oracles for unlocking smart contract innovation. pic.twitter.com/4DjyJS45kV
ChainLink is a decentralized Oracle network, which is also constructed on the Ethereum Blockchain. It allows transforming external data into blockchain designs, which can then be transformed into smart contracts. ChainLink’s success is largely based on the rising rage of the DeFi sector, which can barely accomplish without the processes of ChainLink.
At the start of December, ChainLink declared in a press release that the ex-Google CEO Eric Schmidt would work as a consultant for ChainLink. This suggests that many doors into the business world are open to the company. ChainLink adoption should continue to skyrocket over the next few weeks and months. LINK is therefore one of the cryptocurrencies that you should keep an eye on in 2022.
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