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Top 5 Cryptocurrencies of 2022 that gave unimaginable profits

Because of the volatile nature of cryptocurrency, the market experiences many ups and downs in coin values. As the price of particular currencies rises, it might be quite beneficial. When something like this happens, many assets associated with those currencies profit as well. Here are the top 5 most valuable crypto assets in 2022.

Ecomi (OMI) increased by 15,034.09%.

Ecomi is a GoChain-based marketplace for licenced premium digital collectables that allows users to purchase, sell, or trade virtual products or NFTs via its VeVe app. The system contains a utility token called OMI that is used as a means of exchange for buying and selling digital items. Ecomi has formed alliances with some of the most recognisable names in gaming and pop culture, including Star Trek, Marvel, DC, Ghostbusters, Adventure Time, and others.

+10891.26 percent for Gala (GALA)

Gala Games intends to reclaim control over its games and create “blockchain games you’ll really want to play.” It intends to bring creative thinking into games by providing users authority over the games and in-game assets using blockchain technology. Gala Games has so far published one playable game – Town Star – as well as a popular NFT collectable series – VOX. It intends to produce further games in the future, including a fantasy RPG, a sci-fi strategy game, and a tower defence game. The company also claims to have 1.3 million monthly active users and to have sold 26,000 NFTs, with the most costly piece valued at $3 million.

Telcoin (TEL) is up +9597.44%.

Telcoin (TEL) is an Ethereum-based platform that aims to facilitate cross-border remittances and encourage the use of telecoms infrastructure and blockchain to disrupt the international remittance sector. The initiative collaborates with telecommunications service providers to assist their consumers with money transfer operations, particularly in locations where banking choices are limited. Telcoin, founded in July 2017, is the brainchild of Paul Neuner and Claude Eguienta.

Solana (SOL) +1.7998.67%

Solana (SOL) is one of the most recent Ethereum-alternative blockchain networks, with a transaction capacity of 50,000 transactions per second. It has received a tremendous rush of support, despite the fact that Ethereum’s gas costs have continued to rise after the implementation of EIP-1559. SOL has risen from a paltry $1.84 on January 1st to a mind-boggling $191 by the beginning of September 2021. Solana uses a revolutionary type of delegated proof-of-stake (dPOS) that is based on Byzantine Fault Tolerance (BFT) and proof-of-history (PoH), allowing the platform to validate transactions significantly quicker and provide higher scalability.

+6805.13 percent Polygon (MATIC)

Polygon is a layer-2 scaling protocol that links Ethereum to numerous suitable blockchain networks to enable optimum scalability & interoperability. It is self-described as Ethereum’s “Internet of Blockchains.” Polygon seeks to address Ethereum’s current major issues, such as high gas prices and sluggish transaction confirmation, by providing instantaneous cryptocurrency transfers at a minimal cost. The team wants to incorporate further scaling techniques in the future to allow its implementation on non-Ethereum networks.

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