In contrast to how the year of cryptocurrencies started, cryptocurrencies appear to be growing rapidly as global supply reached 190 billion by the beginning of the second quarter of this year. As the year begins, there are several coins that show the potential to explode by 2023.
It looks like the end of the year will see a lot of interesting projects with coins that hit all-time highs in a short period of time. In addition to Fantom, there are other trending coins with greater potential such as Dash 2 Trade, IMPT, and Calvaria. Read on to understand Fantom and all of these “hot” projects.
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What is Phantom (FTM)?
Fantom is an open source smart contract platform for digital assets and dApps. This is the native cryptocurrency of the Fantom network. A system used for voting, betting, incurring transaction fees, and making payments on the Platform.
The Fantom coin market cap recently dropped to $680,625,498.63. Fantom has experienced a -87.32% change so far this year. Anyone with 500,000 FTM can stake their tokens and become a validator on the open network Fantom. Those who have 2 or more of her FTMs can allocate their tokens to others to receive incentives for staking her.
Here are some great features of the Fantom coin.
● It is a fast transaction with an average of 1 second
● EVM compatible and can be used to move apps and their tools
●It also supports Cosmos SDK and can be used for new network construction.
● A single transfer typically costs less than $0.01
The Fanton team has revealed that Fantom will become the world’s first DAG-based smart contract platform, solving the scalability and confirmation time issues that plague current blockchain initiatives. Fantom, a highly scalable provider of smart contracts, is poised to compete with initiatives such as EOS and Zilliqa.
Top trending crypto with higher potential
Let’s take a look at other trending cryptos with much higher potential than Fantom.
1. Dash to Trade (D2T)
It is a platform that enables traders to achieve previously unthinkable goals. The Learn 2 Trade project team developed the concept for this brand new initiative. These experts developed the Dash 2 Trade platform and used the D2T token as a membership coin.
Once fully released, the Dash 2 Trade coin will explode. This is evident in all the achievements since the pre-sale. Within three days of the presale season, we reached $1.6 million. It just reached $12 million.
This new ecosystem is ready to dominate the crypto market thanks to D2T native tokens. To improve decision making, traders can use various trading tools including cutting edge crypto analysis and information.
If you want a game changer in the crypto market, don’t miss D2T and don’t delay as it is likely to explode in a matter of weeks.
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IMPT is also one of the trending coins for the second half of 2022. This is IMPT, the latest green cryptocurrency to help solve the carbon dilemma. Several eco-friendly cryptocurrencies have been created, but only a few are used in day-to-day operations. IMPT could rise 50-fold while solving the carbon dilemma.
The price of the IMPT token continued to climb after the presale began until it reached over $4 million in sales. There are already more than 10,000 brands partnered with Brand Up Takeoff. This will increase the reach of the coin and give us more insight into its potential to explode in 2023.
In addition, users can use the shopping platform to purchase products from well-known international brands. IMPT tokens will be credited to the user’s account as a profit margin from such purchases. These tokens will be held in the account until the user accumulates enough tokens to purchase carbon credits.
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3. Calvaria (RIA)
Speaking of trending coins, Calvaria really stands out, with the best crypto investors already getting their hands on it before the price rises. A coin for the -to-Earn gaming platform.
The thrill it brings is unique, making it easier to keep investors’ attention longer than other coins. There is a free version with a Play-to-Earn mode that allows non-cryptocurrency users to access the ecosystem. Users can access tournaments, in-game ads, card upgrades, and non-NFT assets.
P2E mode, on the other hand, allows for NFT updates, deck sales, scholarship programs, and much more. Considering these attributes, the coin is expected to explode and he is expected to generate more than 40x profits in the next year.
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4. Cardano (ADA)
Cardano has a market capitalization of just over $33 billion. The proactive inclusion of proof-of-stake verification has received a lot of attention. Accepting proof-of-stake certification has resulted in faster transaction processing and significantly reduced energy usage. The expansion of the Cardano ecosystem is the strongest positive indicator for ADA. According to indicators, blockchain is experiencing a surge in network activity and transactions, with daily transactions approaching 100,000.
Cardano leverages smart contracts and decentralized applications supported by its native coin, ADA, similar to how Ethereum operates. We have completely removed the problematic transaction verification elements found in other cryptocurrency platforms, so they are not harmful to the environment.
5. Polygon (MATIC)
MATIC surged today following a 14.1% gain week-on-week. Over the past two weeks, MATIC has been trending bullish. MATIC got excited after Meta revealed that an Instagram user could generate and send his NFTs on his Polygon blockchain. Meta is currently testing the issuance and sale of his NFTs on social networking platforms.
Naturally, the cryptocurrency world is volatile and sometimes unpredictable. But if you’re looking for coins that are likely to explode next year, you shouldn’t ignore the following coins. Dash 2 Trade, IMPT, Calvary. Due to the unique quality of these coins and the strong team behind them, they can do great things in a matter of months. Don’t wait until the price goes up to buy.