Here are five different crypto projects with potential and impact that came to the fore after the crypto crash.
The best crypto investments combine usefulness, high user satisfaction, and unique technological solutions to make investors’ dreams come true. Because blockchain technology is at the forefront of technological advancement in many key global industries, crypto markets have the potential to yield hundreds offold returns.
Some of the best crypto investments can be found in gaming, finance, and the arts, among many other industries that are transforming through blockchain. Here is the list of cryptocurrencies that stood out for their potential after the crypto crash of 2022:
- Metacade (MCADE)
- Ripple (XRP)
- Bitcoin (BTC)
- Filecoin (FIL)
- Axie Infinity (AXS)
Metacade (MCADE)
is one of the potential cryptocurrencies to invest after the crypto crash. It is a brand new GameFi platform that combines blockchain technology with classic arcade games and offers multiple different ways to earn crypto income on the platform.
The MCADE token is used to distribute rewards in the metaverse arcade, which will host the largest collection of online games to be found anywhere on the blockchain. The arcade offers both casual and competitive gaming as users can enter paid entry tournaments and compete for the chance to win big crypto prizes.
In addition, Metacade aims to be a social hub for the large Web3 community. A key element of this goal is the Create2Earn feature, which will reward users for their contributions. These contributions include posting game reviews, sharing alpha, or interacting with other members of the Metacade community. In exchange for creating content on the platform, users can earn MCADE token rewards.
Metacade also contributes to progress in the GameFi ecosystem in two key ways. First, the Work2Earn feature will create and advertise jobs for crypto users, enabling passionate and enthusiastic professionals to start a career in the blockchain. Second, the Metagrants program will help to directly support the next wave of innovation in the GameFi industry by providing early-stage funding to game developers.
Why does MCADE have potential?
MCADE is a brand new token, so it has probably survived the worst of the crypto crash. The token recently started presale and was completely sold out in its early stages. It received an astonishing $2.7 million investment in the first 7 weeks. Since then, it has managed to raise $6.3m. It holds great promise for the future and early investors can take advantage of significant upside potential in the coming years.
In addition to its features designed to advance blockchain technology, Metacade also offers its users wide earning opportunities. It could become one of the most valuable GameFi projects by market capitalization over time, making it one of the potential crypto projects after the crypto crash.
>>> You can join the Metacade presale<<
Ripple (XRP)
XRP is a decentralized cryptocurrency designed for use in cross-border payments as it offers a more efficient method of conducting international transactions compared to traditional financial services.
An important reason why XRP is one of the potential crypto projects is that it can be used as a reserve currency to provide fast and cheap money exchange. It is one of the most cost-effective forms of transferring money between existing markets, which is why Ripple Labs, the company behind XRP, has partnered with major institutions like JP Morgan and the Bank of England.
Also, XRP is the native token of XRP Ledger (XRPL), a distributed ledger technology designed to support decentralized financial transactions. Developers can create software applications on XRPL and issue digital assets, including floating and fixed tokens (NFTs), on the network.
Why is XRP potential?
XRP is at the center of an ongoing dispute between Ripple Labs and the Securities and Exchange Commission (SEC). The SEC accuses Ripple Labs that XRP is a security, not a cryptocurrency. The tribunal has been going on since 2020, and from the beginning, the XRP token is thought to have suppressed its price movements.
XRP failed to hit an all-time high during the 2021 bull market, at a time when the vast majority of cryptocurrencies on the Web3 were posting explosive gains. A negative outcome from the lawsuit could damage the XRP token in the long run, but this is considered unlikely.
The more likely outcome of the lawsuit is a positive decision in favor of Ripple Labs, which would mean that XRP is classified as a cryptocurrency in the eyes of US regulators. This is expected to lead to massive price spikes for the XRP token, making it one of the best crypto investments after the crypto crash of 2022.
Bitcoin (BTC)
One of the potential crypto projects after the crypto crash is Bitcoin. Bitcoin is a digital currency that allows users to make anonymous and secure transactions from anywhere in the world. Bitcoin is the first cryptocurrency to use blockchain technology, the Bitcoin blockchain is a distributed digital ledger that automatically keeps track of financial transactions.
Bitcoin differs from traditional currencies in that it is decentralized and operates on a peer-to-peer network, allowing direct payments from one user to another. Transactions using the Bitcoin blockchain network are secure and stable, do not require a neutral third party to verify and maintain the ledger.
To participate in Bitcoin transactions and mining, users need special hardware and internet access. Bitcoin has enormous potential for global processing of payments and money transfers and has proven to be extremely reliable.
Why is BTC potential?
Bitcoin is the largest and also the oldest cryptocurrency by market cap. It has proven to be extremely reliable and has grown significantly in terms of both user and par value since it was first created.
BTC typically creates trends in the cryptocurrency market through its 4-year halving cycles. A halving event is when the block reward for Bitcoin mining is halved, and the next halving event will occur in early 2024.
Every previous halving event has initiated a crypto bull market, and crypto bear markets usually occur after Bitcoin hits all-time highs. BTC is one of the potential crypto projects after the 2022 crypto crash because it will likely be the first token to gain momentum in the next bull trend in the market.
Filecoin (FIL)
Filecoin (FIL) is another potential crypto investment after the crypto crash. It is a decentralized network that uses blockchain technology to securely store and share data online. Because the Filecoin network is decentralized, it is not controlled by a single entity, which means Filecoin is one of the most secure and reliable methods of storing sensitive information on the internet.
Filecoin is backed by its own cryptocurrency token, also called Filecoin (FIL). Users are encouraged to join the network through cryptocurrency rewards, as block validators can earn FIL tokens by renting hard disk space and providing storage capacity.
This new form of cloud storage has the potential to revolutionize the current market due to its low cost and high security. Filecoin is one of the potential crypto investments and has attracted major investors from around the world for its groundbreaking approach to shared storage.
Why buy FIL?
In recent years, news that large central companies are selling their users’ data has sparked public debate and raised concerns about online security. Used daily by billions of people around the world, Google, Amazon, Facebook, Microsoft and Apple, along with other big technology companies, can collect large amounts of data about their users that can be considered sensitive.
Filecoin is able to protect user data and other sensitive information by creating a decentralized cloud storage system. Cloud storage can also be traded on the network, allowing anyone with an internet connection to monetize disk space. User data is protected and anonymous on the Filecoin network, which helps improve online security.
Filecoin is a unique blockchain solution that could play an increasingly important role in internet culture for years to come. This gives the FIL token a huge bullish potential, making it one of the potential crypto projects after the crypto crash of 2022.
Axie Infinity (AXS)
Axie Infinity (AXS) is a blockchain-based game that allows players to collect, train and fight fantastic creatures called Axie. The game leverages blockchain technology, digital inadequacy and full ownership of assets to give Axie holders the ability to truly own their digital assets.
Axies are fully customizable game elements and allow users to collect different pieces printed as NFTs. These NFTs can be freely traded on the Axie market, allowing players to monetize their Axie collections or purchase additional creatures for their collections.
Other in-game activities include breeding Axies as a way to increase Axie value. Users can explore, complete quests, and battle against other players using their Axie collections. They can also earn cryptocurrency rewards for their progress in the game.
Why is AXS potential?
The AXS token also fell during the 2022 crypto crash. This was largely because Ronin Bridge, a unique Ethereum sidechain built specifically for the Axie Infinity game, was hacked. This was the largest DeFi attack in history, with over $600 million in losses.
Despite this negative news, Axie Infinity remains one of the best crypto investments. The platform continues to have one of the largest user bases on the Web3 and has been at the forefront of the GameFi industry as the pioneer of play-to-earn (P2E: play-to-earn) games since its release in 2018.
Axie Infinity was attracting more than 2 million daily users before the crypto crash and is expected to return to its previous highs over time. This recovery could yield up to 20x earnings for the AXS token, making it one of the potential crypto projects after the 2022 crypto crash.
Is Metacade (MCADE) the best crypto investment after the 2022 crypto crash?
MCADE token has just launched its presale event, which means it is extremely low priced compared to its long-term potential. The platform aims to be the largest arcade on the chain and offer its users extensive earning opportunities; so it’s no surprise that it’s already gaining a lot of attention.
The MCADE price will rise from $0.008 to $0.02 during the presale, giving investors only a limited time to participate at the best possible price. Metacade is poised to become an industry-leading GameFi platform and could be one of the next gems to be valued 100x after the crypto crash.
You can join the Metacade presale.
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