HomeCrypto NewsICO News3 Crypto ICOs to Keep On Your 2022 Radar

3 Crypto ICOs to Keep On Your 2022 Radar

3 hot new crypto ICOs to know in 2022

In a world of copycats, it is always difficult to find diamonds in the rough. While some may have the capital to deploy into larger projects, there is nothing like getting in at the ground level of a coin or project that is moving with breakneck speed, especially in the world of DeFi. In terms of relative value, three coins are currently taking the market by storm: Mehracki Token (MKI), Cardano (ADA), and Binance Coin (BNB). While some may be familiar, others may not. Regardless of individual thoughts, each coin is poised to offer tremendous value in exchange for what it is trading at, or at least, that’s what the sentiment seems to be.

In this post, we’ll go over each coin, and why it may be worth adding (or moving) to the top of your watchlist.

1. Meme Coin Takes Off: MKI

Perhaps the first publicly accepted demonstration of meme coin traction was DogeCoin. It proved to everyone that a decentralized exchange could be used away from the traditional model and that it could reflect the values of its developers and investors. This is an extremely stark contrast to traditional fiat money, which requires digging deep and constantly looking for ways to retain your earnings and speaking with financial institutions that always seem to have authoritative knowledge of the dealings of your account.

MKI is an entire ecosystem that encompasses blockchain, DeFi, and NFTs with real-world cases. It is designed to completely authenticate transitions within its own platform. It also includes yield node farming, intertwines itself with the Solana system, and is completely community driven. The coin has doubled its price from its inception in 2018 and has a low market cap with a mismatched limited supply of only 20 million coins. Valued at only 37MM, this coin has enormous upside potential.

2. Mixing Old and New with Binance Coin (BNB)

Binance is a well-known financial trading platform that has been popularized by ads, videos, and testimonials. Founded in 2017, Binance is the largest crypto exchange by volume and availability of coins. Binance coin received much of its attention during its initial coin offering (ICO) but is native to the Binance platform, meaning investors purchase this both for exposure and as a storage of value.

The rising price signals an entirely bullish sentiment tied to the technology underlying the coin. Binance is poised to use its coin as a valuable way to access its upcoming decentralized exchange. The DEX exchange will follow in the footsteps of ETH, and stalwart in their attempt to foster an inclusive environment away from the prying eyes of established institutions.

3. The Sweetheart of Crypto: Cardano (ADA)

There aren’t many digital currency enthusiasts that haven’t heard of or followed the journey of Cardano. Although the coin is relatively cheap in and of itself, it carries one of the biggest potentials on the market. Cardano, at its core, dreams of a platform that is entirely stronger and more valuable than its counterparts. While some projects grab small pieces of the market pie for themselves, Cardano wants to have dominant projects like ETH and BTC shaking their proverbial boots. This is done by tackling the sustainability, scalability, and security issues that platforms seem to be having.

ADA wants to be more than just a coin. The platform endeavors to foster an environment that is accessible and safe for everyone to use. This means that the project should be viewed as both a store of value in its currency and also as a hedge against the future of DeFi and blockchain technology.

Source: https://www.newsbtc.com/press-releases/mehracki-token-mki-binance-coin-bnb-and-cardano-ada-cryptocurrencies-poised-to-soar-in-the-future/

The Crypto News Talk Editorial Team delivers the latest news and updates from throughout the world of crypto. Crypto News Talk experts scour the cryptosphere 24/7 for the latest developments on Bitcoin, Ethereum, coins, exchanges, ICOs, NFTs, DeFi, and more, ensuring you get the relevant, groundbreaking crypto news and content you need when you need it most.

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