The cryptocurrency market has been around for over a decade. During that time, the financial market experienced tremendous growth. Short-term and long-term traders can pick any of the options that are available on the market, and make plenty of money for themselves.
One of the most interesting things about the coin market is that new assets are regularly added. With each new crypto token that’s added to the crypto space, users are introduced to a new world of possibilities. They also introduced different features to the decentralized finance market. All that’s left is for you to identify suitable cryptocurrency options to trade.
So, what are the best new cryptocurrencies to trade, in 2022? Fantom (FTM), Cosmos (ATOM), and Dogeliens (DOGET) are some of the best new tokens that have made their way to the crypto space.
Is Fantom (FTM) The Ethereum Killer?
Fantom has only been on the cryptocurrency market for a few years. Fantom belongs to the second age of cryptocurrency that was introduced after the Bitcoin era. It didn’t take long for blockchain developers to identify the scalability issues of Ethereum.
As a result, a search began for the next DeFi coin that could support next-generation dApps and crypto protocols. Fantom is a cryptocurrency that has been touted as the Ethereum killer because of its new contributions to the DeFi sector. This crypto project also offers smart contract features that allow users to scale crypto-related functions.
Fantom was established in 2018, and it currently runs on an extensive matrix of blockchain networks. The multiple networks are designed to operate separately while offering more speed and scalability. The Fantom project is powered by FTM tokens. According to tokenomics data, there is a fixed supply of 3.175 billion FTM tokens. However, not all these tokens are available for purchase.
Cosmos (ATOM) – Out Of This World
According to the development team of this crypto project, Cosmos will serve as an internet of blockchains. It aims to build a network of crypto resources using open-source tools. The purpose of this interconnected blockchain system is to streamline the transactions that occur on the blockchain. Cosmos stands out from other cryptocurrency options because it supports customizability and interoperability in the crypto space.
Cosmos doesn’t focus on offering users a personalized blockchain. Instead, it’s concerned with creating an ecosystem of networks that support the swift exchange of data and tokens. There’s no central body responsible for this entire process. Cosmos is a proof-of-stake blockchain. Its activities are powered by the ATOM token.
Dogeliens (DOGET) – The New Crypto Dog In Town
Since the increased popularity of dog-themed coins, such as Shiba Inu and Dogecoin, there have been several other cryptocurrencies that have followed suit. Dogeliens is a new dog-themed coin that’s set to carry on from where Shiba Inu and Dogecoin left off. However, it plans to offer more utility and become a force to reckon with in the meme sector.
So, how does Dogeliens plan to stand out? Unlike the cryptocurrency options, Dogeliens functions as a decentralised finance platform for users and holders. This crypto project offers advanced P2P features that allow users to stake and earn cryptocurrency at the same time. DOGET is the native token of this project.
Dogeliens is an open-source project that allows members of the public to copy its code and modify it to suit them. As a result, you can rest assured that this crypto project will keep growing. These three cryptocurrencies are all viable options for your portfolio. They all have the potential to grow through 2022.