Three Cryptocurrencies with Amazing Potential Growth
We have seen cryptocurrencies enter the mainstream in the past few years with Bitcoin mainly grabbing the headlines. However, there are over 5000 cryptocurrencies out there, and there are still outrageous gains to be had.
Always remember to store your crypto safely and see what you need to know about crypto wallets. But let's move on, here are our three picks for coins with amazing growth potential:
1. Solana
Solana is a Smart Contracts platform which is unique in regards to its scalability. A major issue in blockchain technology is that it is too slow and that it cannot process many transactions per second (TPS). Solana solves this issue. The gold standard of TPS is Visa which can process 66,000 per second. Solana can do 50,000, which means it can be scaled. There are hundreds of decentralized apps built using Solana’s blockchain from Decentralized Finance to NFT Marketplaces. If it were to become the defacto Smart Contracts standard, we should see a monumental rise from here. Nevertheless, it has a lot to do to dethrone Ethereum, but things only look positive with Solana, especially after raising $335m in funding over 6 investment rounds.
2. FUNToken
Casinos in the blockchain space are yet to reach full heights but crypto gambling is on the rise. FUNToken is an online casino purely for cryptocurrency. However, if you are a casino crypto enthusiast from South Africa, and wish to use safe online casino payment methods you can use comparison sites. They will compare welcome bonuses and provide information on whether there are fast payouts or the customer support is good. FUNToken allows players to play all their favourite Casino games and is run on the Ethereum network. With the growth of online casinos it is only a matter of time until crypto casinos grow more in value as crypto becomes more widely used. FUNToken is one of the top casino coins by market cap and could grow a lot higher from here. Moreover, FUNToken is nearly four years old, having launched in 2017. We saw 2021 the year of NFTs and DeFi, crypto casinos could be the hype in 2022 and FUNToken are at the top of the list.
3. Dogecoin
Dogecoin saw some amazing gains with the help of Elon Musk. Musk has recently stopped tweeting about Dogecoin, nonetheless, because of his influence he can boost the price with a Tweet. Dogecoin is a memecoin, which are very popular online especially with gamers. Perhaps they are just a hallmark of postmodernism, or do actually have value. Either way, if it hits its all time high again, this would be an impressive return.
Dogecoin is also old for crypto, being invented in 2013 by Billy Markus and Jackson Palmer as a joke. It has a loyal online community and has many developers working on the project so we could see Dogecoin moon again at any point..
DISCLAIMER: This is an opinion piece, please always do your own research and do not trade if you do not understand the instrument you are trading.
