The maturation of cryptocurrency, which has been anticipated long before now, has persisted to be outstanding. This post is all about the top 3 cryptocurrencies that can make you a millionaire in 2022. Since the advent of Bitcoin in 2009, the crypto world has continued to notice the evolution of other projects. Let's take a look at it in more detail.

https://twitter.com/avalancheavax/status/1476644377539846144?s=20

If there is one cryptocurrency that is presently recognized as the "Ethereum Killer", it is currently Avalanche. This tag was unofficially maintained by Cardano and Solana in 2021. This is because Avalanche has created a swift, efficient and safe blockchain network, which can be the foundation of dApps through smart contract operations.

The DeFi space in particular is rising massively on the Avalanche Blockchain. The network is completely consistent with Ethereum assets, apps, and tools. In disparity, Avalanche delivers extremely lower prices and huge scalability. The AVAX token still appears to be very affordable compared to SOL, for example. Avalanche is a hot buy of 2022.

https://twitter.com/Polkadot/status/1476907864635625472?s=20

Polkadot has demonstrated itself rather peacefully in the top 10 most beneficial cryptocurrencies. The Parachain auctions in December played a crucial role in the price gains for the DOT token. The auctions were carried out for the Polkadot ecosystem as well as for the "little brother" Kusama. Both networks are described by the parachains, i.e. “connection chains” between various blockchain networks.

Polkadot has the ambitious purpose of building the "Internet of Blockchains". The successful auctions should give Polkadot's DOT token an additional boost at the beginning of the next year. 

https://twitter.com/chainlink/status/1458919212185894939?s=20

ChainLink is a decentralized Oracle network, which is also constructed on the Ethereum Blockchain. It allows transforming external data into blockchain designs, which can then be transformed into smart contracts. ChainLink's success is largely based on the rising rage of the DeFi sector, which can barely accomplish without the processes of ChainLink.

At the start of December, ChainLink declared in a press release that the ex-Google CEO Eric Schmidt would work as a consultant for ChainLink. This suggests that many doors into the business world are open to the company. ChainLink adoption should continue to skyrocket over the next few weeks and months. LINK is therefore one of the cryptocurrencies that you should keep an eye on in 2022.

If you want to purchase these tokens, you can do so on the  Binance,  Coinbase,  Kraken, and  Bitfinex exchanges.

The cryptocurrency market is displaying a slight bearish momentum. Yet, three cryptocurrencies are still exploding. This article is all about the top 3 cryptocurrencies that are displaying great performance. Let's take a look at it in more detail.

Crypto.com, previously identified as Monaco, is a platform that permits the exchange, lending, and payments through cryptocurrencies by its debit card. Crypto.com is one of the leading platforms in the blockchain world. Crypto.com is constantly placing itself as a sponsor of sporting competitions and has lately even secured the naming rights of the famous Staples Center basketball arena.

The Crypto.com Coin is one of the cryptocurrencies that has massively gained price in the past few weeks and has also gained high profits in the last week when most of the coins have dropped. The Crypto.com price increased within the last 7 days. The coin is the native token of the Crypto.com chain and is intended to make payments, trades, and financial services easier for users of the platform.

Avalanche is an extremely exciting project and one of the cryptocurrencies that could play an important role in the long term. The Avalanche Network is one of the many Ethereum rivals who want to fix the vulnerabilities of ETH and want to give users and developers a more technically sophisticated blockchain.

Avalanche relies on more effective transactions and smart contract functions. Avalanche can process up to 4,500 transactions per second and dispenses with the gas fees that are common with Ethereum. The network uses a system of 3 individual blockchains X-Chain, C-Chain, and P-Chain. The separate blockchains even use exclusively different consensus mechanisms depending on the application.

Elrond is another remarkably promising project that could end in an assuring decentralized internet ecosystem. Elrond also aspires to signify an alternative to Ethereum through technical developments. Like Avalanche, Elrond is defined by fast transactions, high scalability, and high security.

The Elrond protocol utilizes what is recognized as a sharding function. This enables several “nodes” to communicate and work together to significantly accelerate the validation process of the transactions.