THECRYPTO.WATCH – Cryptocurrencies have great performance. Including potential meme coins that had colored the price increase insanely. However, can it last in 2022? Considering the prices of some cryptocurrencies have decreased at the end of the year.
Cryptocurrencies That Surpass Potential Meme Coins
Shiba Inu and Dogecoin are the meme coins that have surprises in 2021. Meanwhile, the Shiba inu costs close to $0.000036 and buys returns worth over 49,000,000 percent.
Dogecoin also makes a good impression, despite not having the same level as the Shiba Inu. However, this token has provided an increase of 9,600 percent.
However, according to analysis from The Motley Fool, these two best meme coins have lost their luster. There are two cryptocurrencies that will replace it, they are:
Algorant
Being the first crypto asset that is able to surpass the popularity of potential meme coins is Algo. Algorand has three things that make long-term success possible. Consider some of these factors:
Consensus Mechanism
Algorant has a consensus mechanism as proof of ownership that is pure, random and confidential. Thus effectively eliminating a group that interferes with the network system.
Fast
Metric checks are carried out quickly so that they are able to process 1,152 transactions every second.
Development
Focus on development and interoperability is important to support the development of Algo.
Stellar
The value of Stellar is 6.9 billion US dollars and is in the position of the 27th largest cryptocurrency in the world. This coin can represent good things in its development, for example the development of blockchain technology that has a financial focus.
Stellar will convert fiat currency to blockchain protocol tokens. After that, it will be transferred to the destination and there will be a conversion process back to the fiat of choice. The process only takes a few seconds.
So, Stellar has an advantage over competing payment networks. For the cross-border money transfer process, you only need to pay a fee of 0.0000028 US dollars.
Potential meme coins can also be replaced by other crypto coins if the price continues to decline. So, there is nothing wrong with having other crypto asset recommendations.
