By Franklin Smith
- 2022 seems lucrative for the crypto market as most assets show the potentials to surge higher.
- Here are some of the alternative tokens you may need to watch when interacting with the crypto world.
Filecoin (FIL)
Filecoin joined the crypto space in 2017 to offer decentralized storage solutions. As market players appeared interested in securing their variable data, Filecoin developers designed a platform where users boast complete control over their storage.
With Filecoin, users may store their variable data using decentralized technology. That means the data is secure from third-party access. Unlike Cloud storage, it guarantees storage safety and integrity. That has attracted more users to this project.
Meanwhile, the team has upgraded the platform as blockchain technology improves. The platform has seen increased products that boosted the project’s utility. Moreover, Filecoin’s 2022 roadmaps suggest a bullish ride for FIL.
Theta (THETA)
Video streaming platforms such as YouTube have seen increased demand. However, decentralized video streaming capabilities make THETA one of the top crypto at the moment. Theta allows its customers to compute resources and share bandwidth on a P2P basis.
As video streaming appears to grow every day, analysts believe THETA will rally higher in 2022. Also, the platform can see increased content developers and users this year. With that, the altcoin will witness surged demand.
The project’s team also unveiled a lucrative 2022 roadmap that targets improving the platform’s efficiency and utility. Therefore, THETA has the potential to break out this year.
Elrond (EGLD)
Elrond project aims to solve speed issues on blockchains. As Ethereum and Bitcoin witnessed scaling issues, developers saw the need for improved speed to ensure efficient services to the growing crypto user base. The project increased the transactions completed every second.
The team has worked on the platform over the past years, solving scaling problems utilizing sharding technology. Moreover, the platform has supported its growing user base for user-friendliness.
Elrond is among the leading blockchains as far as transaction speed is concerned. Moreover, the team has improved sustainability, security, and gas charges, making EGLD a lucrative investment this year.
Where are you investing in 2022? Which altcoin do you trust? Share your opinions below.