Shiba Inu, Ethereum, Bitcoin, Dogecoin & Cardano – The next big thing in these cryptocurrencies
by Analytics Insight
January 9, 2022
What will come of the highly potent cryptocurrencies of 2022? Well, this is what a crypto investor should look for when looking for the best investment opportunities. Here’s a list of some of the best cryptocurrencies and the next big things to do.
1. Shiba Inu
Shiba Inu remains one of the most attractive crypto investments of 2022. This is one of those coins that can explode anytime this year. Several things are happening at Shiba Inu and one of them is further decentralizing the coin and eliminating manipulation by the whales.
The Shiba team is launching the highly anticipated Doggy DAO, which gives the community the right to vote on crypto projects and trading pairs. The DAO will also remove the whales’ influence on the coin.
The team will also add other utilities to the popular ShibaSwap with NFT products like SHIBOSHIS NFTs, which are expected to have a big impact in 2022. Many products will hit the market in 2022 that Shiba Inu could enlarge.
Ethereum is one of the solid cryptocurrencies out there today. Despite the challenges facing the Ethereum blockchain, it is still one of the most robust networks. One of the next big things about this cryptocurrency is the ongoing Ethereum 2.0 protocol upgrade.
The Serenity upgrade fixes all of Ethereum 1.0’s major shortcomings, including the high gas fee, low tps, security, and poor user experience. The upgrade is in the second phase and the final phase could begin in 2022.
With the Eth2 upgrade, Ethereum will become one of the most powerful blockchains. The team also plans to have more mergers and projects on the Ethereum network in 2022. These are just a few of the exciting big things to do.
The Bitcoin cryptocurrency was almost like the pacemaker in the crypto market. When the BTC price changes, the shock waves spread across the entire market. There are a number of things to do, mainly addressing the big challenges in the Bitcoin blockchains.
Last year, the Bitcoin taproot was upgraded to make the network more efficient. But it’s not at its best as there are faster and cheaper blockchains like Solana. One of the biggest things to expect is more improvements to the Bitcoin mainnet.
The rollout of Bitcoin in the large mainstream organization is another big thing to expect in 2022. More influential companies and jurisdictions are expected to adopt Bitcoin as well.
4. Bit device
Bitgert was one of the disruptive cryptocurrencies of 2021 in tokenomics and has achieved quick wins in the development of the Bitgert peer-to-peer payment system. The bit device is now in the process of developing a full DeFi ecosystem, and the next big thing is the introduction of a centralized exchange and zero gas fee blockchain.
Brise Exchange starts in the first quarter and the beta version will be available in late February. The gas-free Bitgert blockchain is in the development phase. But it will be a unique blockchain because there is no other free gas blockchain in the industry.
The zero gas fee is one of the reasons Bitgert is expected to be the most disruptive cryptocurrency of 2022. Read more on the Bitgert website.
The Centcex blockchain project has so much ahead of it in 2022. The project started in mid-November 2021 and is therefore still in the development phase. But the utility it offers was the most appealing thing about Centcex.
The most exciting development is the upcoming Centcex exchange which will address issues in current exchanges like Coinbase. The No-KYC exchange is faster, safer, cheaper and more user-friendly.
The next big thing is also the Centcex staking which rewards 100% APY of the generated income. Funded with a 3% tax on every transaction, the Centcex lab will develop an unlimited number of products, the platform offers the best staking revenue. Visit the Centcex website for more information.
Dogecoin has an exciting development ahead of it, especially after the Dogecoin Foundation was established in 2022. One of the biggest things coming up is upgrading the Dogecoin blockchain to make this open source, peer-to-peer cryptocurrency more attractive to the crypto community.
Network improvement will increase transaction speed, reduce transaction costs, and make the network more secure. Better user experience is expected from the upcoming Dogecoin improvements.
There is no doubt that there is more marketing going on with the involvement of Elon Musk as one of Dogecoin’s advisors. He was positive about the cryptocurrency, which is already increasing the coin value.
The biggest thing about Cardano 2022 is the introduction of the new Hydra protocol. This is after Cardano’s Alonzo upgrade. Hydra is a Layer 2 scalability solution that allows for more transactions, which is one of the issues that Cardano is looking to improve. With Solana delivering incredible TPs, Cardano needs to improve its speed to keep up.
The other exciting development on the Cardano is the arrival of more dApps going live on the Cardano mainnet. The team has announced that there will be more dApps on the network after the Hydra upgrade is complete. SundaeSwap and MuesliSwap are some of the dApps that are coming to the market soon.
The protocol upgrade will also enable the Cardano blockchain to support a wider range of crypto applications, including NFTs, and smart contracts.
These are exciting updates appearing in these cryptocurrencies that are expected to change their direction of growth for the better once they close. However, thorough research is recommended before investing in any of these cryptocurrencies.
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