Altcoin season is in full swing: tech companies’ cryptocurrency breaks price records and surges to peak levels in a matter of hours. Over the past week, DOT (Polkadot) and 1İNCH tokens reached their historical maximum along with the SAND game token with its price nearly doubled. The market is preparing for a new wave of institutional and retail investments that will support crypto companies in the GameFi, FinTech and data protection sectors. We have compiled the most promising coins that could change the market in the next 12 months.
The Axie İnfinity blockchain game token has always attracted users. Based on the Pokemon cartoon, Play-2-Earn-style has already gained an army of players from all over the world, and the original AXC token is setting new records. In early November, the coin was trading at around $142, but in the next 24 hours, it pulled back.
However, experts are confident that in the next few months, the AXC token will be able to return to $145 or more, which will be the peak of the GameFi sector in 2022. Therefore, investors should stock up on gaming project tokens now, also with attention to the original NFT, which will also grow in price.
This is another icon from the world of the GameFi department that could become a real hack of the year. Holding True Group (large iGaming developer) has allocated TFL in a separate area. As part of this, Play-2-Earn and NFT Market activities will be launched. The team is also working on its own crypto game wallet and metaverse for the gaming industry.
The company has a lot of experience in iGaming, as confirmed by numerous awards in the gaming industry. The updated site with the new tokens will be launched in November of this year. That’s why investors and users are following TFL news and waiting for the official announcement. Just according to forecasts, the cost of the token has increased several times in less than a month.
A promising and well-known project offers simple and affordable solutions for using cryptocurrency to smartphone owners. The functionality of the ecosystem makes crypto payments instant and hassle-free by using phone numbers as public keys. In fact, users will be able to transfer cryptocurrencies from wallet to wallet using their smartphone.
The original CELO token, designed specifically for the PoS algorithm, is used as an internal payment to pay transaction fees and platform services. Also, the company plans to issue several suitable stablecoins. According to the developers, the Celo ecosystem will be especially important in countries with an underdeveloped banking system. Residents of these countries will use CELO as a payment tool for international transactions and earn coins from staking.
One of the most promising projects in blockchain technologies, Avalanche, has a code that attempts to solve the problem of network scalability and reduce gas payments. The company has already developed three blockchains to exchange AVAX tokens for other cryptocurrencies with virtually no commission. The company intends to develop and implement algorithms in the future that will extend the scope of existing block chains indefinitely.
As for the AVAX token, it is primarily used as a payment tool within the platform to pay commissions and fees. Due to the company’s ambitious plans, investors are now buying the tokens on a massive scale on the thought of a rapid price hike. If the avalanche was able to carry out all the plans, the value of the currency would increase several times in the next year.
Among the top five promising tokens is the SAND token, released by Sandbox. The SAND token is used as a means of payment within the metaverse of the same name, where users can buy land, build houses, open their own virtual stores and schools, and receive real cryptocurrency.
In the last days of October and early November, the value of the SAND token rose by 10%. A possible reason for the growth was Mark Zuckerberg’s announcement of rebranding on Facebook and renaming it to Meta, implying the creation of a new metaverse. Experts expect the metaverse to popularize next year, so the token has a good chance of a price hike.
Next year 2022 will be the period of rapid development of the GameFi sector and will be marked as the creation of many scales that will gradually integrate into the real world. These project tokens will rapidly grow in value, bringing good profits to their holders. Thus, many investors are buying GameFi project coins in anticipation of the exponential growth now.
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