3 Cryptocurrencies That Will Rule The Crypto Industry In The Next 5 Years

Last Updated June 30th 2022
6 Min Read

Read more about the best new cryptocurrencies in the market.

The recent crash in the crypto market has birthed a new movement amongst investors. Investors are no longer hedging their money on tokens like the BTC or ETH but are slowly turning to the small coins. Many small cryptocurrencies have drawn the attention of the public due to their unique features. As a result, investors are taking them seriously and investing in them.

If you are looking for the best cryptos to invest in, then experts believe Mehracki (MKI), Gnosis (GNO), and Harmony (ONE) are 3 cryptocurrencies that will rule the crypto industry in the next 5 years. Let’s explore these coins in detail to help you make an informed investment decision.

 

Mehracki (MKI) 

Mehracki (MKI) is a native community-driven meme token to make use of cryptocurrencies more common. This platform is built on the Solana (SOL) blockchain to make users less worried by generating wealth for investors and developing feel-good activities and moments for people globally. It aspires to be a cryptocurrency that focuses on the hospitality and tourism business by enabling low-cost, quick, and borderless transactions. 

The team says that the main goal of developing this platform is to revive the forgotten art, reduce worry, and promote self-care by developing meme sharing, travel initiatives, and supporting tourism for its token holders. This platform enables holders to participate and earn rewards. 

We believe that MKI will rule the crypto industry in the next 5 years as it intends to introduce NFTs by using the DAO structure. Furthermore, token holders will be able to have substantial input regarding decisions made on the platform. 

Mehracki has real-life application and practical implications, which makes this platform unique from all others. Developers are attempting to achieve an attractive framework that retains the core meme features, resulting in a positive change in how meme tokens are seen. Its primary goal is to make cryptocurrency ideas accessible to the general population. This is why MKI is one of the top 3 cryptocurrencies that will rule the crypto industry in the next 5 years.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Gnosis (GNO) 

Gnosis (GNO) is a decentralized, open-source market based on the Ethereum blockchain that will rule the crypto world in the next 5 years. Founded by Martin Köppelmann alongside Stefan George in 2015, the crypto was developed as a part of ConsenSes, the Ethereum venture production studio which is popular around the globe. 

The protocol enables users to conduct trades based on the outcome events rather than trading cryptocurrencies directly. This approach is ideal for large institutional investors who require an approved legislative framework to participate in the crypto market directly.

The goal of the project is to provide a reliable and secure infrastructure for the construction of decentralized applications. The network enables developers to leverage its forecasting tools to build more responsive and immersive applications. These benefits have helped Gnosis to become a well-recognized protocol in the market and one of the 3 cryptocurrencies that will rule the crypto industry in the next 5 years.

The network also seeks to reduce onboarding issues for developers. The protocol provides both developers and users open access to a suite of powerful trading tools. The network improves developer participation by ensuring the system is 100% EVM compatible. This decision enables Ethereum developers to migrate or branch their protocols onto the Gnosis chain to reduce costs. 

Gnosis is an example of how developer creativity can help drive adoption in the market. The developers recognized that institutional investors want to gain exposure to the crypto market. However, the risks are too high to accomplish this task directly. Gnosis provides a gateway to profits from a secure application. These features, plus the network’s growing popularity, ensure that Gnosis will remain a premier project moving forward. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Harmony (ONE) 

Harmony one is a decentralized, peer-to-peer protocol that allows financial institutions to create cryptocurrencies. Currently, two types of tokens can be created on the Harmony network: equity and bond tokens. Equity tokens represent ownership in a company and can be used to compensate investors for token-holding services. The bond token can be used as an investment vehicle. The potential uses of Harmony tokens are practically endless, and they could end up as the de-facto method for conducting business-related financing. Therefore, it is safe to assume that ONE could be the leading cryptos in the industry in the next five years. 

Sharding makes Harmony Protocol a powerful blockchain platform; sharding allows the decentralized platform to scale while maintaining security. The Harmony blockchain platform is like a mix of Ethereum blended with the unique solution of the Harmony platform. These attributes make Harmony a platform that developers can select for its growth and scalability. The application of the Harmony bridge can cater to decentralized finance (DeFi) and non-fungible tokens (NFT).

Harmony resonates with the idea of developing a layer-2 scaling solution for the Ethereum blockchain. It is being done using a sharding-based blockchain that uses the unique Harmony consensus. As a result, transactions are ultrafast and are much more energy-efficient. With a 2-second transaction finality and 100 times lower fees, Harmony’s bridges enable ultra-fast, affordable digital asset swaps. 

These factors make ONE one of the top 3 cryptocurrencies that will rule the crypto industry in the next 5 years.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Bottom Line 

Investing a small capital in these three assets can give massive returns. As cryptocurrencies adequately deal with significant challenges, investing in any of them will likely help you make immense gains. Nevertheless, it is always recommended to research the cryptocurrency before investing.

Read More:

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