Missed Shiba Inu or Dogecoin in 2021, these coins could be the next big crypto in 2022
from Analytics Insight
January 2, 2022
It’s hard to understand what a 49,000,000% profit looks like, but it’s hard to even understand the value of memecoins. But yes, those who held Shiba Inu in early 2021 saw their investments grow by a really ridiculous 49 million percent, and those who invested in Dogecoin also saw staggering returns last year.
Let’s be realistic here: Shiba Inu and Dogecoin made their millionaires with market capitalizations of $ 19 billion and $ 23 billion, respectively. These two projects, which were openly “started as a joke,” have advanced as far as possible, with investors now looking for the next big crypto in 2022 – somewhere to park their Shiba Inu and Dogecoin profits.
By now, you may not even have heard of EverGrow (EGC)as it is the newest on our list, launched in late September 2021. EverGrow, however, has many analysts scratching their heads over the potential of this project for the first real 100x in 2022.
EverGrow is seen as the coin that revolutionized rewards (with Safemoon considered to be the rewards pioneer). When EverGrow hit the market, it caused quite a stir as it was the first major project to offer BUSD rewards – a regulated stable currency pegged 1: 1 to the USD.
What is special about it is that this is the first coin that enables holders to generate sustainable passive income in a currency that is not subject to fluctuations. In direct comparison to Safemoon, where Safemoon was handing out Safemoon as rewards during its 90 percent slump, those rewards themselves were worth less and less – a double blow.
EverGrow launched straight into the crypto bear market, so its owners have still earned over $ 30 million in stable, payable rewards despite great price volatility since its inception that couldn’t have been less timely. This alone made EverGrow a revolutionary project.
Additionally, EverGrow is about to launch a number of utilities that, if well executed, could take this fledgling project to the heights of crypto royalty. The project itself has firmly anchored its ambitions to be one of the top 20 global cryptocurrencies in 2022, and many analysts seem to agree. Definitely worth keeping an eye on EverGrow Coins.
Safemoon had a tumultuous year 2021, soaring “To the Moon” like a rocket and collapsing 90% in the coming months as promises were broken and members of the core team abandoned the project one by one. But let’s not forget one thing … the Safemoon Army! Safemoon are the masters of the hype and arguably have one of the best communities in crypto history. Safemoon is said to have around 3 million owners, and after the introduction of the new V2 contract and the subsequent closure of V1, Safemoon has seen a significant boom that has almost doubled in the past 7 days.
With a valuation of $ 1.3 billion, it’s unlikely we’ll see Safemoon 100x from here, but if this project can meet its ambitious roadmap in 2022 and regain its previous highs, those 3 million loyal HODLers could be over 400% increase from the current level.
Dogelon Mars (ELON)
Our list couldn’t be complete without a ridiculously named memecoin, and in this particular category Dogelon Mars takes the gold medal! Named for a combination of Elon Musk’s favorite crypto Dogecoin and his name, Dogelon has seen some pretty impressive gains since its launch in 2021, based entirely on hype.
Now we appreciate the irony of discussing a memecoin as a replacement for your current memecoin investments, but with a market cap of $ 900 million, a memecoin like Dogelon Mars could well move up from here with the right hype and marketing see. If you compare it to the coins that inspired it – Shiba Inu and Dogecoin – Dogelon could see 10x more from here, just for fun!
This one should come with a particularly strong risk warning, because while the other projects on our list have fully doxxed teams working on serious projects, Dogelon Mars is a memecoin, a joke … but that doesn’t mean as we’ve all learned that people don’t spend billions of dollars on it!
Share this article
Do the sharing thing
About the author
More information about the author
Analytics Insight is an influential platform dedicated to insights, trends and opinions from the world of data-driven technologies. It monitors developments, recognitions, and achievements of artificial intelligence, big data, and analytics companies around the world.
More from Analytics Insight