Shiba Inu, Terra, Fantom, and HUH Token could be the Top 4 Winning Cryptos in 2022
Winning cryptos are attracting more crypto investors in 2022 like Shiba Inu, Terra, etc.
The increasing number of cryptocurrencies being released makes it increasingly difficult to find ground-floor projects with potential. Looking to the future is the most consistent strategy when selecting projects to invest in. Shiba Inu, Terra and Fantom, and HUH Token could break their previous market price highs for their cryptocurrencies.
Shiba Inu is one of the most famous meme cryptocurrency projects. Arguably second to Dogecoin. Shiba Inu was all over the cryptocurrency world when they overtook Dogecoin in trading volume. This was an iconic moment in the meme cryptocurrency space as Dogecoin had held the position as the dominant canine coin for a long time.
Shiba Inu has two camps debating its viability in 2022. There are arguments that the age of canine crypto has come to a close. Others believe that due to the funding these projects have now received, they will be able to transition into tokens that can provide utility to their users.
LUNA is the native cryptocurrency for the Terra ecosystem and is used for its transactions. In the last three months, Terra benefitted from a significant amount of trading volume leading to the price of LUNA increasing dramatically. The price of Luna in the previous few months was as low as $38.66 and broke the $100 mark at one point soon after.
Terra investors will have to monitor the progress of LUNA. If the token continues to see positive signs of growth, then it could solidify a position above some of the other popular cryptocurrencies like Avalanche and Polkadot.
Fantom is seeing a similar pattern to another layer 1 projects at the moment. Alternative to Bitcoin and Ethereum have seen an incredible short-term increase in price. Some have attributed this to the hefty gas fees accompanying the Ethereum blockchain. Fantom does not have such fees and promotes fast transactions.
Fantom’s native token FTM could also have its sudden price increase attributed to the number of DeFi projects increasing on the platform. Some developers are choosing cheaper networks to build their solutions on. This can be seen as the Total Value Locked (TVL) has increased dramatically in a relatively short amount of time.
HUH Token launched in December 2021. Making it the newest of the tokens on this list gives it the most room to grow. While smaller tokens are riskier, the larger project behind HUH Token has drawn the interest of many. HUH Token is creating a social platform that will reward content creators for making engaging posts. This reward would be in the form of its native currency, HUH Token.
In addition to the social platform, HUH Token has two smart contract features that make it a beneficial stand-alone token. Static reflection is one of these systems. It attaches a small fee to each buy or sale involving HUH Token and then reallocates it to all HUH Token wallets. The second is their referral system that rewards users with Binance Coin. On a successful referral, the user referring will receive 10% of the referred user’s first purchase in Binance Coin. This project has a broader scope for the future as it is discovered and the benefits attached to the token.
Learn More About HUH Token Here:
HUH Official Swap: https://swap.huh.social/
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