The market may be depressed, but it will be misunderstood that there is no opportunity to make a profit. Even among the expanding bear market, there are always pockets of industry looking for growth.
The only problem is finding these little pockets to put your money in. Well, we did some digging and found the hottest cryptocurrency for you. These tokens are expected to continue to trend until 2022 and even later this year.
The hottest cryptocurrency right now
- My free coin – An all-in-one DeFi platform that minimizes negative volatility.
- Solana – High-throughput network that released the first blockchain smartphone.
- ApeCoin – The coin behind the most popular trending NFT collection.
- Stepn – A lifestyle app for earning, paying people for exercise.
- Uniswap – A decentralized exchange service that is about to implement NFTs.
Details of 2022 Top Trend Tokens
1. My Freedom Coin
My free coin Due to its unique crash proof economic model, it is currently one of the hottest cryptocurrencies.
This project is an all-in-one DeFi platform consisting of exchanges, wallets and banks. Users can purchase MFC tokens, store them in their wallets, and withdraw stablecoin loans from the Treasury via the platform.
The system has a “minimum price” that ensures that the token price does not fall below that value. The minimum rate is maintained by all assets of the BUSD Treasury. This asset will be filled by offering higher tokens until all 7 billion tokens have been released.
Assets within the BUSD Treasury can purchase all MFC tokens in circulation at the current lowest prices at any time, regardless of overall market conditions.
The minimum charge can be calculated using the following formula:
The great thing about My Freedom Coin is that the use of all platforms directly contributes to the continuous valuation of the coin. Actions on the platform will be charged by MFC, which will be removed from distribution and help increase the minimum price.
Every time a user submits a P2PMFC transaction over the network, the 0.5% MFC fee is removed from distribution. In addition, there is a 2% commission for each transaction made on My Freedom Exchange. The fee charged to the buyer is MFC and MFC is automatically removed from distribution.
To access My Freedom Exchange, users must pay a transaction license fee. The price is currently set at $ 0 and will increase by $ 5 for every 10,000 new users until it reaches $ 50 for 100,000 users.
In addition, users can deposit with MFC as collateral and borrow a stablecoin loan from the BUSD Treasury. The loan will be charged MFC’s monthly interest rate of 0.98%, which will be removed from distribution.
Furthermore, there is absolutely no chance that your loan will be liquidated. Loans are priced at current minimum rates, and MFC prices never fall below that, so collateral is not at risk. This is a unique feature of MFC that other DeFi platforms cannot offer.
All of these factors, along with the provision of consecutively higher tokens, create an economic model that has an absolute floor level where prices never sink down and is the only crashproof asset that exists.
For more information on MFC, twitter Join the conversation at discord..
MyFreedomCoin is available for both iOS and Android. It’s an invitation-only community, but you can access it using the following QR code:
Code: ABXNMMXPHN
Overall, as market tanking expands, it’s no surprise that the trend is starting as MFC protects its holders from negative market volatility.
2. Solana
Launched in 2017, Solana was created to accommodate global adoption. This is a proof of stake blockchain that boasts some of the highest throughput in the industry. For example, Bitcoin can process 7 transactions (TPS) per second, and Ethereum can process 21 TPS. By comparison, Solana’s theoretical maximum throughput is 65,000 TPS.
Solana is currently one of the most popular cryptocurrencies after Solana Labs announced a new blockchain-powered Android smartphone called Saga and a mobile platform called Solana Mobile Stack.
The smartphone boasts a 6.67-inch OLED display and is a powerful device made of stainless steel and titanium. Since this is a blockchain phone, the team has included what is called a “Secure Element” for managing the private keys of the device.
Solana Mobile Stack provides tools for developing native Android apps, games, and dApps.
Solana designed devices and software kits to make Web3 available to more users. In addition, the team will create an app store for Web3 to eliminate the friction of developers who want to create in the Web3 world.
Overall, after the launch of the industry’s first blockchain-powered smartphone, Solana is arguably one of the hottest cryptocurrencies currently trending.
3. ApeCoin
Launched in March 2022, ApeCoin has grown rapidly, becoming one of the top trending tokens in 2022 and one of the top cryptocurrencies by market capitalization.
ApeCoin is the cryptocurrency behind the Bored Ape Yach Club (BAYC) NFT collection. This is one of the hottest and most expensive NFT collections to launch.
The NFT collection was very hot and was the most searched NFT in Google Search Trend Data and attracted the attention of A List celebrities. Famous stars who own BAYC NFTs include Mark Cuban, Shaquille O’Neal, Jimmy Fallon, Neymar Jr. and Serena Williams.
ApeCoin started the trend in July after Eminem and Snoop Dogg released a collaboration video featuring both rap superstars turning into their BAYC NFT. ApeCoin surged almost 30% after the release of a video that was played over 10 million times on YouTube in the first few days.
The fact that BAYC has received so much attention from celebrities means that ApeCoin has a huge reach compared to other industries. Therefore, in collaboration with these celebrities, ApeCoin may continue to trend throughout the year.
4. Stepon
Stepn is an NFT lifestyle app released in December 2021. The main premise behind the project is to earn the cipher by accumulating points after the user completes the actual steps.
Built on the Solana blockchain, players must first purchase NFT sneakers to access the platform.
The reward for completing the daily steps lies in the platform’s native token, the Green Satoshi Token (GST). In addition, you can upgrade your Sneaker NFT to increase the amount of GST you can earn per session.
The Stepn app allows users to make money by walking, jogging or running for a period of time each day, depending on the amount of “energy” in the sneaker NFT.
Players start with just 2 units of energy replenished every 24 hours. Each energy unit provides a “stepping time” of 5 minutes. To gain more energy, players will need to buy more NFTs or upgrade their current NFTs.
Launched in August 2021, Stepn has already attracted more than 800,000 active users per day. The trend will begin in 2022 as users wait for the release of the new Achievement and Quest Systems and offer new missions to complete in the game. In addition, all Stepn users are hosting a marathon they are looking forward to in October 2022.
5. Uniswap
Uniswap is an Ethereum-based decentralized exchange that makes it easy for users to exchange ERC-20 tokens.
Launched in 2018, Uniswap has changed the way traders invest in cryptocurrencies by providing a way to exchange outside of a centralized entity.
Uniswap is not a DEX that connects buyers and sellers. Instead, it is an automated market maker that uses algorithms to price tokens.
The liquidity provider creates a pool and deposits the same amount of desired tokens with Ethereum. Then, when the trader swaps on the platform, it will be generated by the 50/50 split of Ethereum and other tokens in the pool and will be rebalanced after trading at the new price.
Uniswap started the trend in July 2022 after the project announced the acquisition of NFT marketplace aggregator Genie.
The new platform allows users to trade NFTs on most blockchains and integrates directly into Uniswap. With this announcement, the project became a trend as holders began to get excited about the possibility of airdropped NFTs.
Conclusion
There are always hot cryptocurrencies that continue to trend, even when the market is down. The coins on this list are the perfect option to get your attention as they continue to increase the excitement of the user base in 2022 and generate trends in the project. While some cryptocurrencies like My Freedom Coin come with their own economic models, protocol tokens like Solana and Uniswap’s utilities, combined with the popularity of ApeCoin and Stepn, each have their own league. Put it in.
Disclaimer: The content of this article is for informational purposes only and does not endorse any investment in any particular crypto asset. Perform your own research and due diligence before investing in crypto assets.
