Since the beginning of the year 2022, the crypto market has experienced a bear signal and now it is starting to recover. At this pivotal moment, a Youtuber has released a video for the traders to consider the best cryptocurrencies to invest in. The video lists the top six cryptocurrencies that can be bought in March 2022 to maximize profits.
The first crypto token in the list is Polygon (MATIC), one of the best performing altcoin in the industry. According to Finance Bro, the YouTuber, Polygon is on a mission to bring the world to Web3 with Ethereum. Basically, Web3 is an internet service built using a decentralized blockchain. The term has been around for a long time, but it has only recently become popular.
The main purpose of a polygon is to make Ethereum accessible for all Ethereum compatibility, scalability, security and developer experience. In addition, the platform gives users access to dapps where more than 7000 dapps have used polygon to scale performance. Currently, MATIC is trading at $1.65, which was high at $1.66 and low at $1.30. This is a long-term project that is expected to rise close to $3 in a few months.
The second altcoin is AAVE, a liquidity protocol that allows users to earn interest, borrow assets and build applications. Currently, the platform has $19 billion in liquidity locked across 13 different platforms. Despite the blocked liquidity, AAVE currently has a market cap of $2 billion. This symbolizes that this network has a lot of room to grow in the near future.
Significantly the third altcoin in the list is Quant (QNT), which connects all the distributed ledgers in the world. It basically brings together all assets, various blockchains and ledgers in one place making it easy to exchange assets. Earlier this week, QNT started at $115 and is now trending in the $145 range, which is at its peak. It also has a market cap of $1.5 billion, but it will grow more slowly but will do extremely well in the coming year.
Huge potential cryptocurrency
Cosmos (ATOM) is the next cryptocurrency on the list that is considered the internet of blockchains. The protocol of this platform is similar to the previous Quant which allows easy exchange of assets. According to the Youtuber, ATOM will easily pass its $45 ATH in the coming months. The fifth cryptocurrency is Solana (SOL), the fastest growing blockchain and the fastest growing ecosystem with thousands of DeFi, NFTs and Web3. In terms of price, SOL has been stable this month with a low of $80 and a high of $104. In addition, SOL has a chance to break its ATH faster with a gain of 200%.
The last token in the list is ApeCoin (APE), which has just been launched and now the trading chart is looking pretty good. It was inspired by the NFT collections Bored Ape Yacht Club and is now trying to enter the Web3 world in crypto through art gaming entertainment. Since this is the latest in the market, APE is definitely predicted to move into the $20 or $21 range sooner. However, before investing in crypto tokens, it is the traders’ initiative to do their own research.