Trending Articles

Blog Post

Business

Buy Crypto on WhiteBIT: The Best Assets of 2022

Buy Crypto on WhiteBIT: The Best Assets of 2022

Buy Crypto on WhiteBIT: Investing in cryptocurrencies in the development stage, such as MATIC, LUNA, NEAR, and SAND, is an excellent option to protect your capital from inflation. Let’s talk about the most perspective cryptocurrency to buy. This article is for informational aims only and does not aim to give financial recommendations.

Polygon (MATIC)

Polygon is the first successfully regulated and easy-to-use Ethereum scaling and infrastructure operating system. Its fundamental part is the Polygon SDK, a modular and compliant framework that ensures the building of different applications.

MATIC, Polygon’s token, is an ERC-20 token that relies on Ethereum. Tokens are helpful for payment systems and as a settlement currency between specialists dealing in the system market. The cost of MATIC is $0.5308 at the moment of this writing. Many traders and financial analysts call such a project very perspective and forecast it will have a significant cost increase soon.

Protocol (NEAR)

NEAR Protocol is a layer-one blockchain designed as a community-driven cloud virtual platform. It removes some restrictions plaguing competing blockchains, including slow transaction speed, low bandwidth, and poor interoperability.

NEAR Protocol may be one of the best crypto to buy nowadays. In just 12 months, the number of daily transactions on the NEAR Protocol network increased nearly thirty-fold, reaching 100 million in the spring of 2022. The current value of the NEAR Protocol is $3.16.

The Sandbox (SAND)

Sandbox is a project that unites blockchain technology and non-fungible tokens (NFTs) in a three-dimensional (3D) metaverse. The emphasis is on user-generated content, which contributes to the system’s development.

The game was initially presented with several applications:

  • The Sandbox (2011)
  • The Sandbox Evolution (2016)

These games’ downloads have exceeded 40 million on different gadgets.

In 2018, the creator of both games, Pixowl, became part of Hong Kong-based Animoca Brands, which added them to the blockchain system. Sandbox operates on the Ethereum network; the project’s internal token is called SAND (ERC-20 standard).

Inspired by famous sandbox games like Minecraft or Roblox, Sandbox lets gamers build unique universities, possess their creations in the form of NFTs, and earn SAND tokens.

According to WalletInvestor’s SAND Coin Price Forecast, it can reach the value of $3 at the end of 2022. Financial specialists also suggest that the coin could be worth $4.08 in a year and $14.54 in five years.

Terra (LUNA)

Terra is a blockchain that primarily supports a network of algorithmic stablecoins. The most vivid example is the collapsed TerraUSD (UST).

Additionally, to act as a stabilizing mechanism for stablecoins, LUNA was used as a governance token on the Terra network. Currently, LUNA’s price is around $2.16 (with an ATH of $119.02). Before its recent crash, Terra had been one of Ethereum’s most significant competitors in cryptocurrency markets. However, the incident of UST detaching from the US dollar provoked a lot of buzz around algorithmic stable coins in general. Not long after its fall, Terra was rebranded into Terra Classic (LUNC).

Some technical specialists trust that LUNC can reach the $4.77 level in 2022. Long-term LUNC value forecasts also indicate the possibility of reaching $7.51 per LUNC token by 2025.

You may buy all listed cryptocurrencies at any time on WhiteBIT. First, analyze the market, conduct in-depth research on trading and holding strategies and develop your own one. Study the pros and cons of each type of digital asset to establish a brilliant trading strategy and evaluate the prospects.

Review Buy Crypto on WhiteBIT: The Best Assets of 2022.

Your email address will not be published.

Related posts