In a sea of 20000+ cryptocurrencies, finding top cryptos with the most potential can be overwhelming. Most of these are known for their hype, aggressive marketing, and fancy promises. Many have even recruited celebrities and crypto influencers who employ every trick in the book to keep them trending on social media platforms and other crypto circles.
But based on research, experts' opinions, and analysis of hundreds of crypto assets, here are the 5 top trending cryptos coins right now.
Terra Luna Classic
The original Terra Chain was rebranded as Terra Classic earlier, and Terra has been relaunched as Terra 2.0. Network developers behind failed stablecoin TerraUSD voted to abandon the token in favour of creating a new blockchain and digital asset weeks after the cryptocurrency collapsed.
LUNC is the former LUNA token before the creation of the separate blockchain – Terra 2.0 – the original LUNA, as some refer to it. Data from CoinMarketCap reveals that the total number of unique addresses holding assets in the Terra Classic chain increased by around 560% in just one month, indicating that its a top trending crypto coin right now.
It is likely for LUNC to continue its growth and experience record gains in 2022. The team is refocusing its attention to ensure the past is not repeated, which experts believe is a strong buy signal for this crypto.
Another trending crypto coin, MATIC, is an Ethereum token used to power the Polygon Network, an Ethereum multi-chain scaling solution. Polygon, formerly known as Matic Network, aims to improve interoperability between the Ethereum blockchain and compatible networks. Over the past few years, the platform has seen a significant increase in traffic.
Originally, Matic Network was only a Layer 2 Scaling Solution, but later it became an ecosystem of independent, collaborative, and interactive Ethereum-based blockchains.
The team built Polygon to scale Ethereum decentralized applications (dApps) and other blockchains. Features like ETH compatibility, scalability, security, interoperability, user experience, developer experience, and modularity help the platform reach its goal.
Currently, more than 400 dApps are using the Polygon infrastructure. These include applications in decentralized finance, NFT & gaming, decentralized autonomous organizations (DAO), oracles, wallets, and business-to-business (B2B) technologies. The good news for investors is that the price of MATIC still has plenty of room for growth, making it one of the 5 top trending cryptos coins right now.
Fantom (FTM) is a smart contract-based platform and the first directed acyclic graph (DAG). This ecosystem provides developers and users with significant upgrades in terms of usability and functionality, all with a near-zero transaction fee of $0.0000001.
Fantom’s native token, FTM, has a wide range of uses and is one of the top trending crypto coins right now. Users can stake the token to secure the Fantom network and get rewards in the form of FTM. Additionally, it can also be used to vote on important decisions, and the more tokens you hold, the more voting power you get.
Fantom (FTM) has positioned itself to adopt the best aspects of Ethereum's smart contracts. It has also adopted more unique features, which can monitor the accuracy of a transaction and generate an evidence base of behaviour. It provides many unique and attractive features and services for users and developers. As more developers and users seek a better alternative to Ethereum, the FTM is on its way to becoming one of the 5 top trending cryptos coins right now.
Synthetix is an emerging decentralized finance protocol built on Ethereum. The platform issues synthetic assets, and its native tokens are the Synthetix Network Token (SNX), which is one of the top trending crypto coins right now. The synthetic assets represent real-world assets on the Synthetix network and are known as synths. To issue synthetic assets, SNX must be locked in a contract.
Synthetix is gaining the benefits of being the first mover in the synthetic assets space. Given that the global derivatives market is currently worth billions of dollars, it has a lot to gain in 2022. There is no doubt that Synthetix is one of the most promising protocols in the decentralized finance sector, and the SNX token is high up on the trending crypto coin charts.
Biconomy is building a cross-chain transaction infrastructure on the blockchains like Ethereum (ETH), Avalanche Crypto (AVAX), etc. It has a revolutionary plan to help the benefits of blockchain technology reach the people by simplifying the interface that connects the users to the network.
Biconomy is aiming for what no other blockchain has worked since the birth of Bitcoin. A plug-and-play SDK/API for DAPPs. The thought is pretty much unique, considering the blockchain technology itself is in the early stages of adoption, and no other player is focusing primarily on building an efficient transaction network that can be Gas free.
Biconomy provides Web 3.0 interconnectivity far beyond the competition. The network’s bridges enable secure data and value transfer across private and public blockchains.
The main utility token of the Biconomy ecosystem is BICO, which is another trending crypto right now. This token serves a variety of roles in the market. For example, it is required to pay network fees, and you can stake the token to secure passive returns. You also must hold BICO if you want access to the network community governance system native utility token with a total supply of 1 billion. These factors make BICO one of the 5 top trending cryptos coins right now.
Consider investing in any of the above coins if you are looking for the 5 top trending crypto coins right now. However, perform due research before investing in any digital asset.