The coin market is fast stabilising and ready to revive after the 2022 crypto crash. Buyers can select from over 19,000 existing and hundreds of upcoming crypto projects. With careful consideration of the benefits each of them carries, and the proper selection of crypto coins, one could make a fortune in the market. Let’s find out how Aave (AAVE), Decentraland (MANA), and GryffinDAO (GDAO) fair and if they are good to buy in 2022.
Aave (AAVE) – The DAO Token
Aave (AAVE) is an ERC-20 project; Aave is a DAO token that peaked at $661.86 in 2021. However, the crypto coin was forced to shed lots of its value following the 2022 crypto winter that led to a market crash and currently stands at $97. With about $1.3 billion in market cap, Aave is ranked 44th amongst the top 100 crypto tokens.
Aave (AAVE) is one of the most-favoured lending platforms in the coin market. Users can lend or borrow 20-types of crypto tokens on the platform. Borrowers can opt for fixed or variable-interest loans. Crypto research firm Santiment claims that AAVE is among the top three coins, with the highest accumulation of whale stakes after the June cryptocurrency market meltdown. Whales control 47.7% of stakes providing AAVE with a high degree of stability and growth projection.
The recent Lens Protocol adds to Aave’s social media interoperability. Aave is among eight partner platforms chosen by the Central Bank of Brazil for its digital currency initiative.
Decentraland (MANA) – The Ethereum Blockchain
Built on the Ethereum blockchain, Decentraland is a 3D virtual reality platform. As the crypto world pushes for integration in the Metaverse industry, crypto coins, such as MANA, are set to explode. The network provides ample scope for content and application creation in the VR sphere, and users can earn from it.
Ranked 36th for its market cap of around $1.8 billion, MANA currently trades at $1.01. However, with the proper growth linked to the VR industry and entertainment, coin market experts foresee it exceeding $5 by the end of 2022.
Decentraland enables creators and artists to monetise their skills using 3D tools and VR techniques. Entertainment and gaming businesses have a great option to explode and flourish. Simultaneously, MANA is used for real estate transactions in the virtual sphere. With gaming and 3D space getting crowded with a rapid surge in users, MANA holds high-growth potential.
GryffinDAO (GDAO) – The New Crypto In Town
Препродажба: https://fly.gryffindao.com
Веб-страница: http://gryffindao.com/
Телеграма: https://t.me/GryffinDAO_Official
Source: https://zycrypto.com/are-aave-decentraland-and-gryffindao-good-cryptos-to-buy-in-2022/