The year 2022 has been a rollercoaster for crypto investors. From the pandemic panic to the bitcoin bull run, investors have witnessed a lot of ups and downs. Although the crypto markets have managed well, the industry is still a volatile one. So, what can we expect from the remaining months of 2022? Will it be the year that will see the best performing cryptos?
In this article, we will be taking a look at three of the best-performing cryptos in 2022. These are Gnox, Cardano, and Uniswap.
Gnox is a new BSC component that democratizes DeFi revenue. It will make DeFi investment returns available to all sphere participants, with its GNOX token operating as a single investment vehicle providing investors with exposure to DeFi.
The developers designed a protocol to make meaningful DeFi participation available to a wider audience. This reflection token distributes a stablecoin reflection every 30 days, in addition to investors receiving an hourly redistribution of Gnox.
The protocol's treasury earns for investors and is funded through buy and sell taxes. Gnox will be officially launched in less than a month and all active trading contributing to the creation of this capital pool.
Cardano one of the most developed crypto networks reached two important milestones ahead of the much-awaited (delayed) hard fork.
The Vasil upgrade would deliver a "massive" performance improvement, at least that's what the community predicted.
Ahead of the upcoming renovation, ADA holders/communities saw steady development. Despite the prior setback(s), the ninth largest token experienced a new surge. Because to the recent surge, ADA is now trading above the $0.5 threshold on CoinMarketCap.
The number of Cardano wallets and smart contracts deployed on the network confirmed the same bullish outlook.
According to Cardano Blockchain Insights, 3,105 Plutus-based smart contracts have been implemented on the network. Indeed, there has been an increase since July, when the tally stood at 2,900.
In the previous seven weeks, UNI, the native token of Ethereum-based decentralized exchange Uniswap, has seen a significant price increase. The UNI price has increased by more than 150 percent in the previous seven weeks, reintroducing it into the top fifteen cryptocurrencies by market cap.
On-chain data provider Santiment says the current UNI price increase is the result of significant whale stockpiling and rising address activity.
According to Santiment, the number of daily active addresses for Santiment has surpassed 1,100. As a result of the significant address activity, the price action may be more sustainable.
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