There are almost 16,000 digital tokens in circulation among them one should choose the best cryptocurrencies to achieve the financial goals. Here are the best digital tokens of this year 2022.
1. Luckyblock
Luckyblock is a lottery-based cryptocurrency platform launched on 21st March 2022 in Pancakeswap. After the launch, it is ready to be a king in the lottery industry. With Lucky boy cryptocurrency, Anyone can play lottery games from home without any need of meeting the centralized operator. To ensure that playing lottery games with Luckyblock is fair, All functions are supervised by smart contracts. There is no worry about any external or internal manipulation of the outcome.
2. Shiba Inu
Shiba Inu is a decentralized cryptocurrency launched in August 2020 by an anonymous individual or group of people known as Ryoshi. The symbol it holds is a Japanese breed of dog that originated in the Chubu region. . This Cryptocurrency was priced at $0.000000000078 at the turn of 2021. Later, Nov 2021 this currency was priced at $0.0000312. The rise of Shiba Inu in months is still a mystery and gained nearly 40 million%. It is listed in all major exchanges because of the hype it created in the market. On the constant rise, the trading volume of Shiba Inu often exceeds $3 billion.
3. Terra
This currency was proposed by a Belgian economist along with Bernard A. Lietaer who is an expert on Monetary systems in 2001. Lietaer opened up that this currency will be the solution for inflation. Terra’s main concept is to stabilize Terra’s stable coins. It is said that there are cryptocurrencies that are capable of outperforming the bearish markets, of which Terra is also part of them. Terra also provides rewards through staking and voting in the future protocol via governance.
4. Yearn. finance
Yearn.finance is a decentralized crypto-based financing platform that connects both borrowers and investors. If you have invested in this crypto at the start of 2021, would have paid $22,000 per token. After five months, This digital asset’s value is $93,000 and gains received will be 320%. It can be fractioned just like Bitcoin. At the start of 2022, Yearn. finance value had increased over 86% when Bitcoin was stuck.
5. Pancakeswap
Pancakeswap is a decentralized exchange built on top of the Binance smart chain, an alternative to Ethereum. The BSC is run by Binance the owner of the world’s largest cryptocurrency exchange. Pancake has already attracted millions of traders to its platform. It has also introduced its crypto named CAKE priced at $1.10 in September 2020. In the mid of 2021, it was priced at $ 44 but the end of the year was priced at $12.
