There are many top crypto projects on the market that have a higher potential to reach this year and in the years to come. With this in mind, we selected a few that we think will do very well this year and are worth checking. In this article, we talk about our selection of the best crypto projects to watch throughout 2022, how to analyze the performance of crypto projects, and how to exchange crypto coins.
Table of contents
- How to Assess Performance of a Crypto Project?
- Best Crypto Projects in 2022
- TOP Crypto Projects: A Long-Term Perspective
- How to Exchange These Coins?
How to Assess Performance of a Crypto Project?
Investing in cryptocurrency requires careful investigation and assessment of all available indicators. The majority of projects have a lot of information on the coin’s goal, token economics, the team behind the currency, and its progress. Here we go over the four questions you should ask yourself when deciding whether or not something is among the best crypto projects to watch.
Is the Active Accounts Number on the Blockchain Growing?
Accounts that have received or sent an asset within a specific date range are considered active. They are in charge of the platform’s transactions and the fees that are created automatically; therefore, it’s crucial to compare the overall number of accounts to how many are still active when assessing user retention. A blockchain platform with a growing number of inactive accounts will not generate income, meaning it’s not a good investment.
How Much Do Users Want to Pay to Transact?
Daily fees are a good estimate of how much people are willing to pay to use a cryptocurrency project. The number is more useful when you break it down by the type of transaction, such as how much users spend to move native tokens versus deploy apps versus using a dApp that is already existing on the platform.
Are There dApps With Monthly Active Users?
The first step here is to see if there are any decentralized applications (dApps) established on the blockchain platform. The second step is to see if they’re being used. High-quality dApps will attract users who want to transact on a platform and pay fees, which means more people will use the platform and the coin.
How Active is the Community?
If the community surrounding the project is active on the network as well as on social sites, keeping up with the developments and supporting the blockchain, you can see it as a sign of a good crypto project.
Best Crypto Projects in 2022
Here are some of the top crypto projects that you might want to keep an eye on in the months to come. Before you read, remember, this is not our investment advice but an opinion based on the before mentioned criteria:
Best Crypto Projects: Shiba Inu (SHIB)
So many people are talking about it, but what is Shiba Inu? This is a project that Dogecoin (the world’s first and largest meme coin) inspired. Dogecoin was created as a joke in 2013 and was never meant to last more than a few months. SHIB already outperformed DOGE in terms of market cap in 2021, but given that Shiba Inu engages in token burning, it would be foreseen if it did so again soon.
Shiba Ecosystem has solid future plans and it’s no longer solely SHIB crypto. There are other tokens: LEASH and BINE, as well as ShubaSwap, a plan to create Shibarium as its own blockchain and a vast field for NFT and gaming metaverse with the Shiboshis and Oshiverse. If you’re also asking if there is a good Shiba Inu coin exchange, we got you covered! You can use Swapzone to trade the SHIB coin and find the best deals from many exchange platforms.
Best Crypto Projects: Terra Luna (LUNA)
You may not have heard much about this coin, so if you’re wondering what is Terra Luna, here is the explanation. Terra Luna coin was another top-performing cryptocurrency in 2021, and its stablecoin-based economic ecosystem is still growing.
The cryptocurrency’s blockchain contains a number of certain stablecoins tied to various currencies, all of which are supported by the LUNA token. To trade Terra Luna coin, you can use Swapzone or Injective, which is a Luna exchange that embraced the coin. Terra Luna is a potential crypto coin for the coming years because of its steady expansion and diversification.
Best Crypto Projects: Telcoin (TEL)
Now, what is Telcoin, and why is it a good crypto project to watch out for? The price of Telcoin cryptocurrency recently reached an all-time high of $0.59. This is important information because, since January 2018, it hadn’t traded for more than one cent.
However, last year, the Telcoin crypto team has announced the launch of a service to facilitate money transfers between Canada and the Philippines. These are the types of projects that can help the coin attain widespread popularity. In addition, there are many platforms that act as a Telcoin exchange, and this has made it quite simple to invest in for some time.
Best Crypto Projects: Zilliqa (ZIL)
In 2021 Zilliqa proved more than ever that its development is worth watching. Zilliqa is a project that aims to extend in a permissionless and open distributed network while being secure; it is a scalable and alternative approach for decentralized applications.
With the powerful dApss constantly appearing on Zilliqa, as well as the tech updates regularly imposed by the dev team, the project has a great perspective in terms of adoption and utility. A nearly feeless concept is also something that drives Zilliqa’s popularity. Besides, ZIL has a supportive and creative community, sharing ideas. If you want to become a part of it – you can use Swapzone to exchange ZIL and become a proud hodler.
Best Crypto Projects: Dogecoin (DOGE)
Dogecoin clearly deserves a spot on this list; it is, after all, the first-ever meme currency. It’s by far the most popular meme coin, and its creators are working hard to strengthen the network.
Dogecoin does, in fact, have its own blockchain and network. And Dogecoin’s engineers are hard at work, collaborating with none other than Elon Musk himself, to keep the network up to date. It’s also one of the most widely used currencies as transactional money. As for a great Dogecoin exchange, Swapzone allows you to trade it easily on the website.
TOP Crypto Projects: A Long-Term Perspective
These five coins are all fantastic initiatives selected by Swapzone because of their utility, but they are far from the only ones with promise. So, if you’re prepared to go out and investigate on your own, you’ll probably find a lot more cryptocurrencies worth your time and money.
However, if you’re not sure where to begin, the five projects listed above are our top selections. We encourage you to research them and decide for yourself whether or not they’re the kinds of projects you want to invest in because there are lots of great coins on the market that can sky-rocket.
How to Exchange These Coins?
You may now be wondering how to diversify your crypto portfolio by exchanging these coins. That’s a fantastic thought because we can assist you with this. Simply follow the steps below to trade these crypto coins through Swapzone:
Step 1. Go to the Swapzone website.
Step 2. Choose the pairing of BTC to the altcoin you want to exchange.
Step 3. Input the amount of BTC you want to trade for these tokens. Swapzone will give you the best rates from many exchanges offering your desired pairing and display the number of coins you are getting in exchange for your BTC.
Step 4. Click on the exchange button, and provide the address you want your newly bought coins to be sent to.
Step 5. Click on the “Proceed with the Exchange” button, and Swapzone will show you the review of the site you selected.
Step 6. Wait for the deposit to be complete and the exchange to be done.
Step 7. Rate the exchange partner and leave a review, so we can gather more information on the exchanges for future users.