Bitcoin, Ethereum, Shiba Inu, Dogecoin, Litecoin – Will These Cryptocurrencies Rule the World?
The cryptocurrency market is proving a force to reckon with in the financial industry. As more people adopt digital currencies, the demand for cryptocurrencies is growing bigger. But which are the coins that might rule the world? Well, here are coins proving very disruptive and could dominate the world in terms of the digital currency economy.
As the first cryptocurrency, Bitcoin has grown to be one of the largest cryptocurrencies in the market in terms of market value. There are many reasons why Bitcoin might rule the world. First are thousands of businesses that are now accepting BTC for payments. Many more are joining every day.
The continued adoption of Bitcoin by mainstream financial institutions is another indication that the BTC might rule the world. Governments like El Salvador have Bitcoin as legal tender, and many more could be joining the list in 2022.
There is also an increasing number of people buying Bitcoin just to store value, which means BTC is replacing gold. The team is also improving Bitcoin blockchain, with taproot improvement being the most recent. These are just some of the reasons why Bitcoin might rule the world.
There is a reason why Ethereum has been the second-largest cryptocurrency since the coming of digital currencies. The incredible blockchain network has been the reason for this popularity. Ethereum introduced smart contracts for dApp development. The platform recently added an NTF marketplace to accommodate the fast-growing gameFi industry.
The team is also working on a new protocol to address the current Ethereum blockchain challenges like slow speed, costly gas fee, security, and poor user experience. The Ethereum two upgrade is already in the second phase, and the last phase could launch in 2022.
The Ethereum team is adding more utility to the network to attract more users and investors. With an upgraded protocol and more utility, Ethereum might rule the world.
3. Shiba Inu
Shiba Inu has been one of the most talked-about cryptocurrencies due to explosive growth. The coin increased by almost 50,000,000% in 2021, which is a record-breaking feat. But there is more that Shiba is offering than just being a meme coin that might make it rule the world.
The Shiba Inu team has been working on the coin to make it more attractive. Giving the Shiba community the power to vote for crypto projects and trading pairs has been one of being biggest moves of 2022. The team launched the Doggy DAO, which is empowering the community and also getting rid of whales’ influence.
The Shiba team has been making $SHIB a real utility token. More products like NFT SHIBOSHIS and many others are some things that might Shiba Inu rule this market.
Bitgert is a new blockchain project building a peer-to-peer payment system that will also include a complete DeFi ecosystem. So the team is working on a range of products, but it is the exchange and the blockchain network that has caught the attention of the industry.
The Brise exchange will be centralized, unlike most of the current ones that are decentralized. There are many benefits that come with centralized crypto exchanges. The Bitgert blockchain will be gas-free. Users will not pay for gas when buying, selling, or transferring tokens and other assets on the Bitgert blockchain.
The zero gas fee blockchain is expected to make Bitgert one of the biggest projects in the crypto industry. That’s how this Bitgert might rule the world. Read more on the Bitgert website.
The Centcex blockchain project is attracting crypto investors because of its investors’ rewarding nature. This is a project that is promising to offer one of the best token utilities. As the Centcex team says, the project will be providing a platform for dApps development.
The team aims at developing an unlimited number of products by funding the Centcex lab with a 3% tax on every transaction on the ecosystem. Already, the Centcex exchange is one of the products the team is working on.
The Centcex staking is offering 100% APY on the revenue generated by the products. With the unlimited products development in the Centcex lab, stakers will be making a lot of passive income in the long run. It’s a cryptocurrency to watch. Read more on the Centcex website.
Dogecoin has been around for a long time, and its longevity proves its adoption and dominance in the digital payment system. Recently, the team decided to take things to a new level by adding more utility to the products. They want to make Dogecoin the best cryptocurrency for financial transactions.
The forming of the Dogecoin Foundation is expected to take this peer-to-peer currency to a whole level. The team is developing the Dogecoin blockchain under the guidance of Vitalik Buterin, who is one of the advisors.
On the advisors’ list is Elon Musk, who has been commenting positively about Dogecoin. With these two individuals, Dogecoin already appears like a success. With the further development of the Dogecoin ecosystem and the massive marketing, this coin might be the next big thing in the industry.
Litecoin launched in 2013 and has one of the most robust digital currency platforms. The platform has supported money transfers in LTC worth billions of dollars. The Litecoin team is working on improving networks efficiency to facilitate more financial transactions.
In the 2022 Litecoin roadmap, the team plans to make the Litecoin payment platform faster, more secure, and lower transaction costs. With the payment system improved and the expected increased global adoption of this currency, this might be one of the cryptocurrencies that might rule the world.
There are many cryptocurrencies with massive potential, but these are some that look like they might overshadow the rest. Disruptive utilities and the ability to attract more users is what these crypto projects offer. Before investing, crypto investors need to do thorough research on cryptocurrency.
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