Cryptocurrencies are getting listed on decentralized exchanges every day

There are dozens of new cryptocurrencies getting listed on decentralized exchanges every day. Some end up making people millionaires, while others cause massive losses to anyone who’s not the developer. In this article, we will go over 3 recently released Metaverse coins on PancakeSwap, whose fully diluted market cap increased to over $100 million in under 24 hours.

The list below is ordered by market cap, lowest to highest.

#3 War of Tribes (WOTG) – $227 million
War of Tribes is a Play-to-Earn NFT based MMORPG Game planned to launch in Q1 2022. The upcoming game will feature PvP arenas, allowing players to challenge their enemies and win NFT prizes after each battle.

According to their official website, the NFTs are planned to be released in December, followed by a CEX listing in January.

The hype is definitely real with War of Tribes, as achieving a quarter million dollar fully diluted valuation without even an alpha release is something that only happens in crypto markets.

Blockchain based GameFi / Metaverse projects are all the hype these days, and it’s great to see War of Tribes receive such a positive response from the market.

At the time of writing, WOTG is trading at $0.22, up 290% in the past 24 hours. War of Tribes’ fully diluted market cap is at $227 million, with a 24 hour trading volume of $2.5 million.

#2 Doconchain (DOK) – $374 million
Doconchain describes itself as a decentralized talent network that looks to use web3 technology to reinvent the Gig economy. The Doconchain suite of tools include a myriad of document and NFT solutions that help developers and creators manage them.

The DOK Token is their utility token that’s built on the Binance Smart Chain. It’s meant to be used in their upcoming Gig marketplace.

After launching on PancakeSwap last night, DOK token traded around the $0.3 level for 16 hours, until the price jumped to a high of $0.48 within the span of an hour. Since then, DOK token has been looking for support at $0.3, currently trading at $0.37 at the time of writing.

At the time of writing, DOK is trading at $0.37, up 11% in the past 24 hours. Dokonchain’s fully diluted market cap is at $374 million, with a 24 hour trading volume of $406 thousand.

#1 Elpis Battle (EBA) – $388 million
Elpis Battle is a tactical turn-based game hosted on the Binance smart chain. It’s designed to bring a variety of experiences to its players. EBA is the native BEP20 token that’s used as the currency on the Elpis Battle platform.

As a blockchain-based game, Elpis Battle creates a real economy allowing players to earn via Battles, Mining, Staking, Renting, Training, and more.

According to its roadmap, the open beta release for Elpis Battle is scheduled for December 2021, followed by PVP modes and a mobile release in Q1 2022.

After getting listed on PancakeSwap on November 19th, EBA’s price increased from $0.3 to $0.6 within hours. Since then, the token has been trading sideways around the $0.40 level as traders eagerly await the open beta release of the game in December.

At the time of writing, EBA is trading at $0.38, down 27% in the past 24 hours. Elpis Battle’s fully diluted market cap is at $388 million, with a 24 hour trading volume of $7.1 million.

Moreover, there are other top 10 ALTCOINS that are set to explode in 2022

One cannot deny the fact that altcoins have surpassed our expectations from the returns point of view. The cryptocurrency market has become an excellent platform for investors to diversify their investment portfolio, thus the exponential demand. However, identifying the best cryptocurrencies to invest in could be a tedious task for many. Well, not anymore! This article will help you pick the best from the lot. Keep reading to learn about what are the top 10 altcoins that are set to explode in 2022.

Bitcoin

No wonder the list has to start with Bitcoin. It is accepted by a majority of trading platforms as well as crypto exchanges across the globe. Bitcoin, the world’s most valuable cryptocurrency, is capable enough of meeting everyone’s expectations which is why the hopes from these altcoins are always high.

Ethereum

This second-largest cryptocurrency by market capitalisation is definitely one of the favourites. It has gained popularity as a smart contract platform for creating decentralized apps. It powers this network. The phenomenal increase in its value over the years is a strong reason why one should consider investing in it in 2022.

Uniswap

Those who are active investors in the crypto market know the kind of returns Uniswap has brought in. Two major reasons as to why these altcoins could be one of those to explode in 2022 are – delivering and utilizing liquidity.

Solana

There are numerous reasons why investing in this cryptocurrency is worth it all. Firstly, it enables participants to use decentralized apps (DApps) and deploy smart contracts. Next, it stands the potential to power decentralized finance has made it to the headlines. In 2021, Solana touched its all time high value. This talks volume about why investing in it would be beneficial.

Binance coin

Just like Bitcoin and Ethereum, Binance coin has garnered attention in a short span. It keeps a hard limit on the number of tokens in circulation. This has turned out to be the reason why its price increased exponentially in the year 2021. Well, we can definitely expect this cryptocurrency to reach a height in the coming year as well.

Cardano

Reduced energy levels, flexible network and fast transactions are a few of the many reasons why Cardano has managed to grab eyeballs from everywhere across. Additionally, what cannot go unnoticed is that its historical price action also favours Cardano as it has enjoyed a relatively modest growth compared to other major coins.

Stellar

Stellar’s objective to connect financial institutions and deliver low-cost transactions in emerging regions using the blockchain technology is definitely worth a mention. Its lack of legal issues and unique network setup are a few reasons why its value soared in 2021. Well, the trend is likely to continue in the coming years too!

Chainlink

Chainlink is that one cryptocurrency that people have been eyeing at for quite a long time. Its utility outside the cryptosphere along with its widespread adoption in DeFi has paved the way for an excellent investment opportunity.

Tether

The world’s largest stable cryptocurrency stands every reason to make it to the list of top 10 altcoins that are set to explode in 2022. This cryptocurrency is an ideal investment option for those who aren’t willing to take many risks in the volatile cryptocurrency market.

Polkadot

With its ability to integrate the different blockchains by creating a cryptocurrency network that connects them to work together, Polkadot has done a fairly good job in 2021. Industry experts believe that the same trend is likely to continue for the years ahead, thus making it an ideal cryptocurrency investment

Top Smart Contract Altcoin Sees 50% Price Spike After Announcing Partnership With Artificial Intelligence Firm

The price of decentralized blockchain network Algorand (ALGO) surged after the announcement of a new strategic partnership with a real estate firm powered by artificial intelligence.

In a press release, the Algorand Foundation says it’s joining forces with Lofty AI to create a marketplace for investment in tokenized real estate.

According to the announcement,

“Lofty AI enables people to invest in fractions of investment properties via the Algorand blockchain for as little as $50… Every property has been vetted by the Lofty AI proprietary AI algorithm and their boots-on-the-ground acquisition teams.

Lofty AI tokens are 100% liquid and can be sold anytime for no fees or penalties. Investors receive daily rental income starting on the first day they invest and tokens appreciate in value on a monthly basis as the properties appreciate.”

Lofty AI was founded in 2019 with the goal of making investing in real estate as simple as buying stocks and cryptocurrencies. The Silicon Valley accelerator Y Combinator helped them raise $5 million in capital.

The company also seeks to alleviate the pressure renters feel due to the current housing crisis.

“Lofty AI hopes to help solve the current housing crisis by giving renters the ability to purchase tokens in the properties they’re renting – making them part-owners.”

Algorand’s head of global ecosystems and technical operations Addie Wagenknecht thinks that the alliance represents a use-case example of what the future of finances might look like.

“Algorand is a blockchain designed for the next generation of economic exchange and provides Lofty AI with the opportunity to build a highly scalable tokenized real estate marketplace on a chain which is guaranteed not to fork while enjoying exceptionally low transaction fees.”

ALGO leaped from a low of $1.60 on November 17th up to a high of $2.42 on November 18th. At time of writing, Algorand sits at $1.86.