Pirjimar (MATIC)
Polygon, which issues MATIC coins, was created to address Ethereum’s challenges, such as high costs and slow speeds. While Ethereum’s average transaction fee is $25, it increases during network congestion. Polygon enhances Ethereum’s network efficiency.
By 2021, approximately 7.16 billion MATIC coins were in circulation, driving demand through play-to-earn games and NFTs. Its market cap grew from $81 million to $20 billion by the end of the year. However, risks remain, as emerging technologies in competing coins like Chainlink and Polkadot could diminish Polygon’s market position. You can acquire MATIC from Ethereum and Uniswap.
Terra (MOON)
LUNA, the main coin of the Terra blockchain, offers rapid transaction speeds (5-6 seconds) at a fraction of the cost compared to Ethereum ($0.05-$0.08 per transaction). Despite its efficiency, its tie to UST presents potential risks. The UST link has increased demand for Terra, but traders should consider these risks before investing.
Dravê Enjîn (ENJ)
ENJ, developed by the Enjin gaming community, facilitates NFT trading. These tokens can be used to purchase digital goods like gaming skins, artwork, or tweets. While ENJ benefits from the growing NFT demand, its volatility is a concern until backed by tangible assets. You can trade ENJ on Binance and Coinbase.
KuCoin Token (KCS)
Issued by KuCoin exchange, KCS rewards holders with a share of trading revenue. With 10 million users registering in 2021, the user base grew by 1100%. Active user participation is crucial for maintaining KCS’s value. The token is available via Ethereum on platforms like Coinbase.
Rating: 9.33/10
Erzaq: 100,000,000 / 200,000,000
Dîroka Release: January 1, 2001
PAX Zêrîn (PAXG)
PAXG is a stablecoin backed by physical gold, allowing investors virtual ownership. While security costs may deter some traders, its link to gold ensures long-term stability. PAXG can be purchased on Coinbase with Ethereum.
Crypto Coin (CRO)
Developed by Crypto.com, CRO powers the Crypto.com Pay app. It experienced 1400% growth in 2021. However, its market presence could decline due to fee transparency issues. More information is available on Criptochipy.com.
Sandbox (SAND)
Sandbox is a play-to-earn game allowing users to create and trade NFTs. Its partnerships and endorsements, such as from Snoop Dogg, boost its popularity. However, centralization risks from poor token distribution remain a concern.
Cosmos (ATOM)
ATOM connects multiple blockchains, promoting decentralization and faster transactions. Ranked 21st in market cap in 2021, it benefits from a strong development team. However, its minimum staking period of 3 weeks may inconvenience some users.
Çep (ÇEP)
Solana, known for its scalability, can handle 50,000 transactions per second with fees below $1. Despite a significant price drop from $258 to $111 in late 2021, it remains a promising investment for recovery. Solana is available on Binance.
Telos (TLOS)
Telos offers fast transactions without gas fees, eliminating front-running and promoting eco-friendly practices. Still in its early stages, Telos shows potential for growth in 2022. Learn more about it on Criptochipy.com.
