Tezos, Harmony, Theta, Bitgert, Centcex & Enjin – Today’s Crypto News Updates

The past year has been an extremely wild ride for Bitcoin and Ethereum investors, with the value of both currencies rising to new heights while attracting increased institutional scrutiny.

At the same time, in such a tumultuous environment as this, many new cryptocurrencies with similar growth promises are emerging on the market; It can be difficult to determine what to choose in a field that is already extremely volatile. Here are some altcoins that you should be aware of this year:

Tezos (XTZ)

Today, TZS has taken the crypto world by storm, rising more than 9% so far. The news appears to be related to the recent recognition of the coin provided by Ethereum co-founder Vitalik Buterin. The price of the XTZ cryptocurrency has fluctuated wildly throughout the day, and whether it is a flash or long-term crypto growth has been assessed by various experts.

The huge transaction costs and lack of transparency inherent in scientifically developed platforms are major obstacles to the adoption of cryptocurrencies. Cryptocurrencies like Tezos have been gaining popularity among the general public. It has stood the test of time and will continue to do so as long as it sees mass adoption.

Tezos users would almost always recommend using XTZ instead of fiat currency. Many Tezos supporters believe that virtual money is the future. The following are some of the bases for the adoption of XTZ by institutions and companies: faster payment process, low / minimal payment rate and no hidden fees and accessibility.

Harmony (ONE)

The best performing token in 2022 so far is Harmony (ONE), which broke its December decline on the last day of 2021 and established strong bullish momentum, gaining nearly 32% in the previous seven days.

Investors have been scrutinizing alternative cryptocurrencies as the major cryptocurrencies recently tumbled. Today, one of the most promising altcoins is Harmony (ONE).

ONE is also making a real effort to build a healthy ecosystem for NFTs, which should keep investor optimism high. With a market capitalization of around $ 3.1 billion, there is still plenty of room for ONE to grow.

Theta

Theta Network is an innovative concept for a decentralized video transmission network. This is the future of entertainment.

The peer-to-peer network enables developers to deliver high-quality video streams at low cost by eliminating the need for expensive infrastructure. Developers do not have to build any infrastructure as the blockchain allows them to create specialized decentralized applications (dApps). Viewers can earn money by sharing their bandwidth.

The Theta protocol runs a double token structure, in which the THETA token is used for governance and for stake as a validator or gatekeeper. Theta has a market capitalization of around $ 6 billion as of this writing, according to CoinMarketCap.com. There are 1 billion Theta tokens in circulation and that offer is unchanged. As a result, there is no cause for concern when it comes to dilution with Theta, unlike other cryptocurrencies.

Bit device

Bitgert’s (BRISE) price prediction for 2022 has been a hot topic lately and the crypto community believes it will increase. There are a number of growth indicators that suggest that the coin is likely to be the top cryptocurrency investment of 2022.

The first is the doxxing project. Even when an anonymous initiative is successful, problems have arisen with other anonymous projects. To increase user confidence, the team announced that it will take over the project.

The second is the establishment of a legal entity. Finally, the Bitgert project will soon be registered as a legal right in the Cayman Islands. The team has stated that the project will be founded in the Cayman Islands as a legal entity.

There will be additional products released as the project progresses. The exchange, according to the team, is scheduled to launch in the first quarter of 2020, and blockchain research has already begun. The two main elements are expected to take the Bitgert project to the next level.

Centcex

Another intriguing project to look out for in 2022 is Centcex. The coin first appeared on exchanges in November 2021. The team is developing a cryptocurrency exchange that solves the main problem with current exchanges: security and user experience.

However, the revolutionary features may propel you forward into 2022. This is a cryptocurrency that will attract a large number of crypto investors due to its 100% APY share benefits.

Another important factor in 2022 will be the Centcex laboratory. 3% of each sale will be contributed to the development of products that will operate in the platform’s ecosystem. In 2022, a variety of roadmap developments are planned.

Motor

Enjin Coin has had an excellent year, with numerous partnerships with well-known organizations. ENJ is the currency used to give ownership to game assets. Additionally, Enjin is recognized as a development platform for scalable and interoperable decentralized technology ecosystems. Enjin Wallet, Marketplace, Beam, and JumpNet are the main offerings on the platform. These elements are used a lot in the blockchain gaming industry.

Enjin Coin is one of the most anticipated cryptocurrencies, with a lot of potential to revolutionize the video game sector around the world. Enjin Coin has several distinct characteristics that set it apart from other gaming cryptocurrencies and it is likely that they will be further boosted in 2022.

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