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Investing in a new cryptocurrency can provide higher returns in March 2022

The cryptocurrency market is now valued at over $2.2 trillion, following a long and fruitful year for many coins in 2018. This growth offers great potential for new projects to get started with little capital, allowing many small or unknown coins to start generating exciting profits for investors interested in the space. New options are constantly emerging within the crypto economy, and this article will explore some of the most promising projects looking to launch – ensuring you have an idea of some of the best investments available!

It’s been quite the year for cryptocurrencies. Individuals and organizations from all over the world have witnessed the recent exponential rise in cryptocurrency prices, many of which were previously thought to be volatile investments. Interested in getting involved with digital currency trading this time around? You can do so by following these step-by-step instructions to get started today!

The cryptocurrency market is now valued at over $2.2 trillion, following a stellar year in 2021. How can you keep up with what it all means and where this booming industry goes next? We’ve looked into the 7 most compelling cryptocurrencies following our compilation of Investopedia’s Best Cryptocurrencies to Buy for 2017 – which turned out to be a resounding success!

  1. Lucky Block Top Cryptocurrency

Lucky Block is a blockchain-backed lottery platform that aims to leverage decentralized technology to vastly improve legacy lottery system experiences. The native token of the platform, BLOCK, performs a vital function in the ecosystem as it pays transaction fees and helps to buy lottery tickets. What’s more, since jackpots are paid in BLOCK, winners can receive their prizes instantly!

At the moment, our top cryptocurrency pick is Large Coin. Large Coin is a blockchain-based lottery platform that seeks to leverage decentralized technology to vastly improve the experience offered by legacy lottery systems. Large Coin’s native currency, coin, forms an integral part of the platform and is used to facilitate transactions and purchase lotto tickets. Moreover, since jackpots are distributed in coins, winners can receive their prizes instantly!

  • Decentraland (MANA) Best Cryptocurrency

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The platform allows for virtual game assets which can be monetized via in-game purchases. In addition, users can trade virtual properties and goods on the Decentraland Marketplace, creating a fully functioning economy. With MANA currently trading at only $3.20 per coin, there is significant upside potential over the coming months and years ahead.

  •  Polkadot (DOT) Best Crypto Blockchain

Polkadot is a cutting-edge program built using blockchain technology. Over the last decade, many projects in this space have provided their own take on how they believe their users should exchange information between different blockchains. Right now, each platform respectively works independently of one another making it incredibly difficult to share data among various blockchains. However, Polkadot has taken a parallel approach in comparison to others during its development stages which enables scalability to be greatly increased for all blockchains working within the project’s ecosystem. In doing so, businesses can build cross-platform applications whilst still enabling everyone to maintain individual autonomy within their own blockchain community. Overall, conversations surrounding Polkadot look promising as it’s an excellent cryptocurrency to keep tabs on and witness growth throughout 2022!

Polkadot hopes to bring together the best of both chains so that blockchains can work together whilst maintaining autonomy. Through Polkadot, these independent chains will be able to communicate with each other optionally if they choose to, bringing the world of crypto closer together in one happy network. If you’re looking for an exciting token in 2022, Polkadot could be exactly what you’re looking for!

Decentralized Web 3.0 will be supported by the Polkadot Network – an innovative protocol that enables blockchains to communicate with each other. Decentralized applications (apps) can now run across multiple chains, taking advantage of different features that individual chains offer, whilst still enabling autonomy and high-speed processing for every single chain without issues. The result is a far more scalable network than previously possible, an exciting prospect for blockchain enthusiasts in general as it means we may see an increase in the number of application developers who utilize distributed ledger technology platforms.

  • Chainlink (LINK) Cheap Cryptocurrency

The principle behind blockchain technology is decentralization – the lack of a central authority. But by definition, no centralized office collects information from real-life data sources and instead places this responsibility within the hands of people all over the globe. One of the greatest challenges facing blockchain networks today is finding an adequate way to leverage external information while still being accountable to a decentralized approach. Chain Link looks to bridge this gap through oracles, which are essentially agreements where people everywhere can gather data from non-blockchain sources like APIs, send it across to a node on one of these blockchain networks and make that data available for smart contracts on the Ethereum network to interact with it as they see fit. Where real-world data is concerned, Chain Link has emerged as a market leader when it comes to using their oracles for any number of commercial use cases.

Because blockchains utilize cryptography and distributed networks to function correctly, they have no access to data without compromising their core principles. However, Chainlink provides a bridge that allows for much of this data to be obtained by smart contracts on the Ethereum network through its ‘oracles’. The Chainlink technology allows for external data from non-blockchain sources to be entered into the system, therefore solving many problems such as smart contracts not being able to provide the necessary information and some types of transactions failing due to them lacking certain elements. This is why Chainlink has a fantastic outlook going into 2022 and beyond – it’s providing an extremely valuable service within the blockchain ecosystem.

  •  Curve (CRV) Most Popular Cryptocurrency

The curve is a decentralized exchange that allows you to trade cryptocurrencies with extremely low fees and no slippage. Curve uses liquidity pools in order to offer this, as well as centralized promises, making it an attractive purchase for any investment expert or financier.

The Curve platform is a fully decentralized Ethereum based DEX that focuses on the trading of stable coins. The platform achieves this by implementing liquidity pools which allow users to place their assets and generate returns through interest generated. Curves approach is decentralized and therefore users do not have to undergo KYC procedures as they would with centralized exchanges – the advantages of which are attractive for the future of Defi

  • Avalanche (AVAX) Best New Cryptocurrency

Avalanche is focused on tackling the issue of scalability head-on, providing users with a platform that can easily scale to connect more users and build projects that require high throughput. They’ve gone so far as to implement three separate blockchains within one network, using two consensus mechanisms in order to maintain safety and integrity throughout. They’ve designed their own algorithms to achieve both fast time-to-finality (TTF) and low fees. In the end, Avalanche hopes to be able to offer better conditions for apps both large and small than most other blockchain platforms available today.

Avalanche is a platform that utilizes three different blockchains (Avalanche, Snowflake, and Blizzard) in order to offer the best of all worlds. One blockchain will be created through Avalanche while another one will be formed through Snowflake. Both of these systems are designed to help provide efficient time to finality (TTF) and low transaction fees. Avalanche also uses two consensus mechanisms on its network – Avalanche and Snowman – that keep things safe and honest. As a continuation of this, Avalanche allows for scalability by working with three separate blockchains so you can get around current issues relating to the crypto market.

  • Polygon (MATIC) Top Cryptocurrency

Most crypto-lovers will know Ethereum has scalability issues involving high GAS fees and slow transaction speeds. Polygon looks to solve this by offering a scaling solution compatible with the Ethereum network. Polygon is a blockchain network that runs parallel to the Ethereum manner, so as not to compromise Ethereum in any way. As such, Polygon provides faster speeds, lower fees, and doesn’t burn through Ethereum’s valuable resources. This makes it extremely appealing for developers who don’t want to compromise their work or access the Ethereum Virtual Machine but do want to utilize the benefits of blockchain technology – such as security, immutability, and transparency.

Blockchain scalability issues have delayed the technology’s usefulness in daily applications. Polygon seeks to address this by providing a scaling solution that can run on top of Ethereum and improve transaction speed while reducing GAS fees. While most blockchain and dApp developers are familiar with Solidity as a blockchain-specific language, they are also quite familiar with it being used on the Ethereum Virtual Machine (EVM). Polygon offers this EVM compatibility out of the box and can therefore be immediately deployed across all major EVM platforms, including Truffle, Remix, MetaMask, and others for those who want to build blockchain apps immediately without needing to learn a new programming language. And yes – the tech is ready now!

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