So, yes we could do several articles like this per week as there are new projects coming out with ever more interesting tokens.
Only, here, for this article, we're talking to you about very promising cryptos that have already experienced great growth. These cryptos also show that their surge will perhaps continue in the long term. This is why we, personally, invested (again) in it.
If you had already read this article some time ago, then you must have made some serious profits…
However, this is not financial advice, it is up to you to dig deeper and do your research on the subject. Past profits do not imply that there will be profits in the future.
There are tons of opportunities to be seized and here we have brought together the most well-known cryptos. We will soon release articles with little-known cryptos which are likely to be a hit.
Come on, let's stop the suspense!
Last thing, we have put here the cryptos that can be bought on the main exchange platforms like Binance for example. No need to break the bank on gas costs, just register on a platform and do your shopping.
1/ Enjin (ENJ): The next generation of NFTs
With the exhibition of NFT, Enjin experienced a very good increase. It is a very good token in the world of NFTs and more particularly for NFTs linked to video games and gaming in general. Enjin even wants to improve NFTs with the launch of NFT 2.0 via the decentralized blockchain Eifinity. Enjin has enormous potential as gaming increasingly flirts with blockchain. It would only take a large popular game to use the Enjin blockchain for this token to explode. And, according to some rumors, partnerships are coming soon...
2/ Binance Coin (BNB): The largest exchange platform
It was predictable, you might think. As Binance gained users, the Binance coin continued to gain value. We bought some from the beginning and it continues to gain value. This increase was also confirmed with the launch of Binance Smart Chain to great fanfare. It really is a type of Ethereum blinker that should be taken very seriously.
The token is relatively expensive today but with the expansion of Binance, its value could only rise, especially as many people want it to reduce fees on Binance.
3/ Cardano (ADA): Ethereum’s competitor
At Zonebitcoin, we have always appreciated Cardano and we have talked to you about it regularly. It is a decentralized protocol that is considered Ethereum's number one competitor. It is even with Cardano that we heard for the first time the expression "Ethereum Killer". In fact, if we say that, it is because Cardano wants to be strong precisely where Ethereum is weak. For example, from the start, Cardano switched to a proof-of-stake while Ethereum "struggles" in its transition. Thus, Cardano did not suffer from these energy consumption problems. And, starking has always been perceived as a superior alternative in this to Proof-of-work.
However, Cardano has also disappointed a lot of people because it has not deployed all of these features. In this respect, it is a bit similar to Ethereum: Big promises and slow improvements to be seen.
4/ Uniswap: the essential swap
Uniswap is the best known and also the most used decentralized exchange. Many crypto holders use it because you can trade all ERC-20 tokens. It is also on Uniswap that we can find the brand new ERC-20 tokens which are not yet listed on the exchange platforms.
Even though gas fees are absolutely monstrous lately (also with massive usage on Ethereum), Uniswap could still be the most used platform when Ethereum 2.0 rolls out. People who purchased the UNI token experienced a nice rise in the price of the token. But, it's not over yet.
The UNI token then seems a very good investment from this perspective.
5/ 1Inch (1INCH): The aggregator to find the best price
With the surge in platforms like Uniswap, the 1inch aggregator in a dream place to break through. In fact, it is a DeFi protocol aggregator. This means clearly that it presents us with the best prices when we obtain a token.
If you use 1inch once, you won't be able to do without it again, especially since gas costs are high, and we all want to try to reduce the amount.
So, it seems to us that the 1inch token is a good investment. We also chose to buy some and save some on Binance to generate interest on it. Yes, we believe it!
6/ Aave (AAVE): Decentralized loans and flash loans
You may have heard of it because flash loans are getting a lot of buzz. Aave is one of the most well-known decentralized protocols, certainly. Aave means "ghost" in Finnish, hence the Pacman ghost logo. You can lend or borrow cryptocurrencies. Lenders also earn interest by depositing assets into liquidity pools. With the deposits that serve as collateral, they can take out flash loans.
The AAVE token still remains a good investment because even if it has already experienced a continuous rise, it remains a leading player in DeFi. As more people enter the world of cryptocurrencies, they come into contact with Aave. This is what makes it a good investment for us and it is also a platform that we also use personally.
7/ PancakeSwap (CAKE): The Uniswap version of Binance Smart Chain
We have already spoken to you with a tutorial of PancakeSwap to explain to you how to earn money on the platform. The protocol is still very new (launched in September 2020), so it can be a good way for you to participate early in a project.
We invested in PancakeSwap from the beginning because we believe this automated market maker will always be big. We can do yield farming and become liquidity provider for example.
What's interesting about PancakeSwap is that it's a protocol on Binance SmartChain. We can therefore exchange BEP20 tokens.
8/ Polkadot and Kusama its cousin
We had already talked about Polkadot, which remains a really interesting project and which is still gaining recognition. One of the best interoperability blockchains. Here we would like to take the opportunity to tell you about Kusama (KSM) which is a kind of wild brother of Polkadot. We say this because Kusama has almost the same code base as Polkadot. That said, it is still an experimental platform at the time of republishing this article but it remains extremely promising.
In fact, Kusama is mainly used to test features that will subsequently be deployed on Polkadot. This can also be used on Kusama as a final product who knows?
9/ Chainlink (LINK): Smart contracts in the real world
Chainlink is a network that wants to connect smart contacts to real-world data. The objective is very ambitious and that is also why there are many investors behind it. This could become a very useful and concrete project.
Since January 2021, Chainlink has experienced a powerful increase and logically this will continue.
10/ Injective protocol
The Injective Protocol project frankly has everything to please. The goal of the project is to enable currency exchanges in a decentralized manner. So, at Injective Protocol, the people who manage the organization are simply the people who hold the INJ tokens. This is pure decentralization. The project is still recent, and was launched in 2020, supported by industry giants like Pantera, for example.
So much for the most well-known promising cryptos! We could add the list but we will come out with a future article on the subject, I promise!
Also, for those who do not know how to buy these cryptocurrencies on Binancee, here is the procedure to follow:
- You register on the website Binance
- You enter your personal information (or you can do it later).
- You can buy certain main cryptocurrencies directly by bank card in just a few clicks.
You can also buy Bitcoin for example to be able to do “simplified trading” to buy certain tokens that we have just talked about here.
Indeed, certain cryptos are accessible by trading the pair BNB/XXX, USDT/XXX or even BTC/XXX to name only the best known of the pairs.
We also have a Binance tutorial if you need it.
Also, of course, there are still plenty of other cryptocurrencies that could have entered this list, if only Solana, Filecoin etc. No problem, we'll talk about it again.
Note: This is not financial advice. The articles and information are given for information purposes only. Zonebitcoin cannot be considered responsible for your investments.
