Earning from 5 promising cryptocurrencies in 2022

Earning from 5 promising cryptocurrencies in 2022

Share this article

Mike
Mike

An editor at Coincrop


06 Mar 2022 | 6 min read
34,838 views

W

e think these 5 assets have the possibility of standing out from the rest of the cryptocurrency market in 2022. In this guide we give you an overview of each asset together with potential returns from putting the asset to work.

In this guide:

Disclaimer: All of the information written on Coin Crop is without influence and based on our analysis. No guarantee is offered concerning the accuracy of this information and therefore, any individual following up on it does as such completely at their own risk. Rates are correct at time of publication.

Algorand

Algorand is a pure proof of stake blockchain cryptocurrency protocol that is scalable by solving the blockchain problem with its consensus mechanism. The Algorand platform supports smart contracts, and its consensus algorithm is based on proof of stake and a Byzantine agreement protocol.

One of the main selling points of Algorand is the high scalability and efficient execution. Recent data from Algorand has demonstrated speeds of 1,162 transactions per second and a block finality of 4.36 seconds.

At the time of writing, Algorand is the 30th highest ranked cryptocurrency with a market capitalisation of $5 billion and a current price of $0.77.

If you are willing to lend your Algorand to other organizations, below are the best rates of return:

OrganizationTermsRatingAPY Rate
Blockchain.comFlexible

5.00%

AAXFixed (30 days)

4.00%

BitrueFlexible

3.80%

AAXFixed (14 days)

3.50%

KuCoinFlexible

3.12%

Stellar

Stellar, or Stellar Lumens, is an open source, decentralized protocol for digital currency to fiat money low-cost transfers which allows cross-border transactions between any pair of currencies.

At the time of writing, Stellar is the 32nd highest ranked cryptocurrency with a market capitalisation of $4.4 billion and a current price of $0.18.

If you are willing to lend your Stellar to other organizations, below are the best rates of return:

OrganizationTermsRatingAPY Rate
OKExFlexible

30.0%

NexoFlexible

8.00%

CoinLoanFlexible

7.20%

NexoFlexible

6.00%

YouHodlerFlexible

4.50%

Axie Infinity

Axie Infinity is a trading and battling game that allows players to collect, breed, raise, battle, and trade creatures known as "Axies" (characters based on axolotl), which are digitized as NFTs.

At the time of writing, Axie Infinity is the 41st highest ranked cryptocurrency with a market capitalisation of $3.1 billion and a current price of $51.17.

If you are willing to lend your Axie Infinity to other organizations, below are the best rates of return:

OrganizationTermsRatingAPY Rate
BinanceFixed (15 days)

50.0%

BitrueFlexible

50.0%

NexoFlexible

36.0%

NexoFlexible

34.0%

VauldFixed (30 days)

26.8%

Qtum

Qtum is a cryptocurrency that combines Ethereum’s smart contract functionality with the security of Bitcoin’s unspent transaction output model (UTXO) to create a platform that is suitable for adoption by large organizations. Qtum was founded in 2016 by Patrick Dai, Jordan Earls, and Neil Mahl, and its initial coin offering (ICO) was held in March 2017.

Qtum promises to solve the speed problem that has plagued the likes of Ethereum – it has recently demonstrated the ability to process over 70 transactions per second.

At the time of writing, Qtum is the 100th highest ranked cryptocurrency with a market capitalisation of $601 million and a current price of $6.08.

If you are willing to lend your Qtum to other organizations, below are the best rates of return:

OrganizationTermsRatingAPY Rate
OKExFlexible

36.5%

AAXFixed (30 days)

4.00%

AAXFixed (14 days)

3.50%

AAXFixed (7 days)

3.00%

AAXFlexible

2.50%

Avalanche

Avalanche (AVAX) is one of the fastest smart contract platforms that assists other smart contract-enabled applications to achieve low-cost, eco-friendly, and rapid time-to-finality transactions.

The Avalanche development team have boasted of transaction per second speeds in excess of 4,500 and a block finality of less than 2 seconds.

At the time of writing, Avalanche is the 10th highest ranked cryptocurrency with a market capitalisation of $20.2 billion and a current price of $76.17.

If you are willing to lend your Avalanche to other organizations, below are the best rates of return:

OrganizationTermsRatingAPY Rate
OKExFixed (5 days)

102%

NexoFlexible

12.0%

CelsiusFlexible

10.1%

NexoFlexible

10.0%

CelsiusFlexible

7.98%


Mike

Mike

An editor at Coincrop
View articles


Our sponsor

CoinLoan combine the best of traditional and novel finance helping you borrow, swap and grow your assets.

Compare over 40,509 CeFi and DeFi products across more than 207 organizations here