The primary motive of the top altcoins is to dethrone Bitcoin from the dominator of the crypto market and take its place. Over the years, numerous altcoins have risen to prominence and have contributed to major players in the decentralised market. Some of these altcoins include Ethereum (ETH), Cardano (ADA) and Dogecoin (DOGE). Almost all major altcoins fell when Bitcoin dipped too as there is an overwhelming correlation between Bitcoin and the other altcoins.
Currently, several altcoins are outperforming Bitcoin in terms of price performance. Some of these altcoins are also on their recovery journeys and market observers are carefully waiting for a massive altcoin rally regardless of the sudden jumps and falls in the prices of altcoins. Here, we have two altcoins that are speculated to make you rich by the end of 2022: HypaSwap Token (HYPA) and Dogecoin (DOGE).
As a decentralised liquidity protocol, HypaSwap (HYPA) is a hotspot of the decentralised economy. The primary features of the protocol are lending and borrowing. To ensure fair practice and hassle-free transactions, HypaSwap (HYPA) has deployed multiple measures regarding collateralization, liquidity pool condition, and external penetrations. HypaSwap will ensure a low gas fee to allow stakeholders and beginners with little capital to easily borrow assets and ensure there are adequate returns with ease.
With countless DeFi protocols in the market, HypaSwap (HYPA) will primarily work to establish a secure platform, following a progressive approach towards compliance and risk mitigation and offering lucrative bug bounties.
HypaSwap is confident that with a vast community working together to bring DeFi and passive income to everyone’s palm, we will create a robust platform that will increase our platform’s TVL (Total Value Locked) like clockwork providing top-of-the-line security and market-leading liquidity.
HypaSwap token, ($HYPA), is bound to make one liquidity, even through bonuses and referrals on the platform. As a HypaSwap token owner, you can refer another user to the platform so you each earn $50 when they spend $200.
Dogecoin (DOGE) is a meme coin which exceeded the original ideas of its founders and has now become one of the top 20 cryptocurrencies today. The founder of Dogecoin built it as a joke but over the years, it went on to build its community to the point that even Elon Musk took an interest in DOGE last year.
Elon Musk triggered an unforeseen DOGE rally which has made the number of organisations that have recognised Dogecoin as a means of payment spike. It is this growing adoption that has set Dogecoin (DOGE) up for greatness despite the bear market.
If you also intend on staking in a cryptocurrency long-term, Dogecoin (DOGE) has proven to have longevity. This is an important factor to note because, since Bitcoin’s (BTC) creation in 2009, a lot of digital currencies have come and gone. Interestingly, regardless of this, Dogecoin (DOGE) which had little utility value survived it all.
Unlike digital currencies like Bitcoin (BTC) which have issues with scalability due to the proof-of-work consensus mechanism, Dogecoin (DOGE) has never experienced slow confirmation speeds or breakdowns in its network. Scaling puts Dogecoin (DOGE) at the forefront of cryptocurrencies that have the potential for widespread adoption.
Although it is expected that you carry out personal research before buying any coin, HypaSwap ($HYPA) and Dogecoin (DOGE) stand a high chance of making you wealthy.
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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