Place/Date: - September 8th, 2022 at 4:42 pm UTC · 4 min read
If you invested $100 in Bitcoin in 2012, you’d have more than $5 million in your bank account today. Since 2012, Bitcoin has generated more than 540,000% ROI. Meanwhile, BTC is not the only safe haven as many altcoins are beginning to outperform Bitcoin in terms of ROI. Shiba Inu, Cardano, Polkadot, etc., are examples of altcoins that have soared highly to generate huge ROI for holders.
This article presents 3 cryptocurrencies to watch before the end of Q4 2022. They include GryffinDAO, Cardano, and Polkadot. Let’s see more about them below.
Cardano is one of the leading peer-reviewed blockchain networks running on the Ouroboros network system – a Proof of Stake consensus system that was created by Cardano Foundation (IOHK). Cardano is powered by its native coin, ADA, named after Ada Lovelace – the first ever computer programmer.
Cardano, popularly seen as an Ethereum killer, capitalizes on Ethereum’s scalability trilemma to provide excellent blockchain services to individuals and institutions. Its founder, Charles Hoskinson has been active in DeFi activities and education around the world.
Cardano’s native coin, ADA, ranks among the top 10 cryptocurrencies in the crypto market chart. With a market capitalization of more than $15 billion, Cardano is a preferred store of value for many crypto traders and enthusiasts.
Cardano also offers one of the fastest block finality rates with a theoretical throughput of more than 50,000 transactions per second. This is way more than Ethereum, VISA, and Mastercard combined.
The 2022 crypto winter affected Cardano (ADA) so dearly that it went down by more than 85% of its all-time high price. However, as investors brace for Cardano’s Vasil upgrade and a crypto summer, Cardano will set on a positive trend that could see it hit its ATH price in the long term.
Polkadot facilitates cross-chain transaction and blockchain interconnectivity and interoperability. The network was founded by Ethereum contributors and seeks to make different blockchain in DeFi compatible to enable trustless transactions globally.
Polkadot, like Cardano, is powered by its native coin, DOT – a popular cryptocurrency, ranking in the top 20 list with a market cap of nearly $8 billion. DOT has also been a target of the crypto winter, like many major altcoins. However, its recent price movements may correct and push its low price to a higher profitable price point for DOT holders.
With a promising crypto summer in view, DOT could enter a profitable position by the end of 2022, making it another peer-reviewed network to hit this target in the crypto market.
GryffinDAO is a cryptocurrency running on the Binance Smart Chain network that seeks to make DeFi accessible and available to everyone in the world. GryffinDAO’s achievement will be backed by its native token, GDAO.
$GDAO will be used throughout GryffinDAO’s ecosystem for governance and network security. Therefore validators of transaction on GryffinDAO’s network must lock their GDAO tokens to secure the network and participate in DAO governance.
To become part of GryffinDAO’s governance protocol, you must hold the GDAO token. Here is how to buy GDAO instantly through presale:
Note that you must have a BEP-20 supported wallet to participate. Moreso, you will earn more bonuses the more you engage in the presale. For instance, you will receive $100 when your referral buys GDAO tokens worth $500 or more.
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