6 Fastest growing cryptocurrencies in 2022

Although the cryptocurrency market had a big collapse a few months ago and many projects ended up disappearing, it was not an impediment for new ones to be born.

Therefore, below we will comment on some of the coins that we consider to have had good growth:

• Tamadoge (TAMA):

This is one of the most novel and interesting projects. Everything revolves around its TAMA token and its roadmap is completely focused on the development of the Metaverse, NFTs and ARs.

TAMA will have a use in its platform to grant rewards to Tamaverse participants. This token is on Ethereum’s ERC-20 network and is characterized by its deflationary nature.

One feature is that for every transaction in the Tamadoge store it will burn 5%.

• Battle Infinity (IBAT):

This project has gained the attention of investors because of the P2E features that make it easy for users to generate interesting profits.

The BEP-20 token native to the Battle Infinity ecosystem, IBAT is what will be used for all transactions within the system and this can be achieved in different ways such as staking or NFT trading, the most prominent way being its unique blockchain-based fantasy sports league in which we can get different rewards.

Battle Infinity has all the looks of being one of the most successful metaverse currencies. And yet another feature is that IBAT holders can also acquire virtual land parcels, which has become a popular investment in the crypto world.

• Lucky Block (LBLOCK):

Given its novel and unique proposition with its crypto gaming platform, its price increased by more than 3,000% in assignment to the pre-sale price, which determined that LBLOCK achieves a market capitalization of more than $750 million.

LBLOCK carries out different sweepstakes in which anyone can participate for only 5 dls, and its attraction is that the more people participate, the better the prizes. In addition, people who have LBLOCK in their wallets and are connected to the platform get a free ticket daily.

Another feature if you have your wallet connected to the platform is that you receive passive income at the end of each draw.

• DeFi Coin (DEFC):

This token supports multiple possibilities for use in financial services, performance farming, cryptocurrency staking, token exchange, and more, making it a very attractive asset for investors.

DEFC incorporates a “static reward” mechanism based on a 10% tax on token transactions, of which 50% is shared among individuals who own one and the remainder is placed in Defi Swap liquidity funds.

• Cardano (ADA):

It is known as the “Internet of blockchains” and is of the most scalable, interoperable, and sustainable currencies of the main networks operating today.

When it came out it had a very large increase reaching 3 dls, then it has fallen but the important thing is how it has remained very stable and in the face of the great fall it was able to maintain itself.

Cardano uses a ‘Proof of Stake (PoS) consensus mechanism that drastically reduces energy expenditure when creating new blocks, which differentiates it from Bitcoin and Ethereum. This gives it an advantage because it makes it the most appreciated by the crypto community and investors.

• Ripple (XRP):

RippleNet is the decentralized payment mechanism that facilitates fast and reduced-cost transactions between different currencies through the use of its Ripple token.

By making use of this system RippleNet has become a de facto upgrade replacing the already very inefficient SWIFT network that accumulates delays of up to five business days in payment processing.

Cryptocurrencies, despite the obstacles that have been put in their way, always find a way to have a step and innovate, these are the cryptocurrencies that we see as something special and that is why we place them on this list.

However, as always we remind you that this is not an investment suggestion and it is up to each person to make their analysis and never invest money that we cannot afford to lose.