Ngopisantuy.com – After Dogecoin and Shiba Inu, this Cryptocurrency Stands Out in 2022?, Without without realizing it, the year 2021 has less than 40 days left. Of course, there is a lot of promise ahead of 2022, including cryptocurrency difficulties.
It is even possible to say that the movement of crypto currencies in 2021 will be quite pleasing. Many cryptocurrencies are becoming more well-known and popular, including dogecoin (DOGE) and shiba inu (SHIB).
After Dogecoin and Shiba Inu, this cryptocurrency stands out, Among the various crypto assets, DOGE and SHIB appear to demonstrate that speculation really increases their popularity.
After Dogecoin and Shiba Inu, this cryptocurrency stands out
However, as compared to ethereum (ETH) or even bitcoin (BTC), the two cryptocurrencies with the dog sign remain far behind.
It’s only that the crazy movement of dogecoin and shiba inu underlines the concept that’meme currencies’ have a strong chance of succeeding.
Pang Xue Kai, CEO of Tokocrypto, spoke to Bisnis about the growing popularity of dogecoin and shiba inu. According to Kai, the rise of DOGE and SHIB is impacted by societal psychology, where demand and supply are extremely high.
The strong likelihood that the prices of the two cryptocurrencies would rise again piques the curiosity of many investors and traders.
However, if you look at the movement in 2021, you’ll notice that both dogecoin and shiba inu business gained popularity when Elon Musk reacted on Twitter.
The CEO of Tesla and SpaceX, who is one of the wealthiest individuals on the planet, stated his opinions on DOGE and SHIB, causing the two currencies’ prices to skyrocket. Will it, however, continue to shine in 2022? What if new cryptocurrencies become popular as well?
Does This Cryptocurrency Take The pPlace Of Dogecoin and Shiba Inu?
Regardless of the subsequent disputes, it is obvious that dogecoin and shiba inu have contributed to the global market capitalization of cryptocurrencies.
It’s only that, now that the situation is somewhat’stumbling,’ the market is beginning to anticipate the arrival of the newest cryptocurrency. In addition, The Motley Fool briefly addressed two crypto currencies with promise in 2022.
Anything? The following is a list of crypto assets that are expected to gain traction in the coming year, including Dogecoin and Shiba Inu:
Currently ranked 24th, overall stellar market capitalization (XLM) has surpassed US $ 8.3 billion and is expected to surpass the achievement of shiba inu in 2022.
Stellar, with a total supply of more than 24.3 billion tokens, has the benefit of greatly expanding cross-border payments. With the payment infrastructure in place, cross-border validation of XLM can now take up to a week.
Using stellar, you may convert fiat money like as rupiah, US dollars, or Japanese yen into Lumens XLM, a protocol token on the stellar blockchain network that.
Can be sent to any location in the world in about 4-5 seconds for 0.00001 XLM. According to Coinmarketcap, the price of XLM on Friday (26/11) morning was $0.3417. (around Rp. 4,881).
Algorand, in addition to Stellar, will be the next cryptocurrency to follow in the footsteps of Dogecoin and Shiba Inu in 2022. (ALGO).
On Friday (26/11), Coinmarketcap published their exchange rate position at $1.82. (around Rp.26 thousand). Not only does algorand have a greater token price, but it also appears to have a bigger market capitalization than stellar.
ALGO is now ranked 20th, with a total market valuation of more than US$11.4 billion. With a total token distribution of around 6.26 billion, Algorand has the ability to significantly change Dogecoin and Shiba Inu. ALGO, like XLM, is a cryptocurrency.
Offers several benefits, including a better proof-of-stake consensus process, called PPoS (Pure-Proof-of-Stake), as opposed to BTC-style PoW. (Proof-of-Work).
So, how exactly? Is it feasible that stellar and algorand may overtake dogecoin and shiba inu as major cryptocurrencies through speculation? Of course, the answer is just to wait till 2022.
Apart from XLM and ALGO, other cryptocurrencies worthy of consideration include crypto.com currency (CRO), solana (SOL), nano (NANO), and cardano (ADA).
With these many options, the crypto market appears to be more active in the next year, even though its existence in Indonesia remains controversial.
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