Greetings my dear members that pernotate this pleasant platform of @ProjectHOPE, today December 26th with only 5 days to go until the end of the year 2021 I want to share with you a small account of the 5 cryptocurrency projects that had the greatest impact during the current year.
This year has been a time of positive impact in what refers to cryptocurrencies, mainly with the historical rebound that Bitcoin had during the month of November that reached a value of 68,789 USD, however, Ethereum was not left behind because during the same month it also made its journey and reached a maximum value of 4,859 USD. All these high values undoubtedly left millions of profits to their investors, but in the same way there is the case of DeFi and NF Games, who with their continuous advances in their respective platforms managed to be included in a positive way in the blockchain.
In this topic I will present 5 alternative projects to cryptocurrencies that are commonly known and that have had great influences in the cryptocurrency ecosystem.
1. Uniswap (UNI): is the most influential platform this year in the decentralized exchange. Since its inception in 2020 it has favored the debut of various projects, since thanks to DEX the obstacles that existed in the old centralized process were eliminated, which is reflected in the corresponding market with the increase of the same in comparison with other DEX combined. But it is important to emphasize that its major contributions began in the second half of this year and all because of the activities that were carried out in this Uniswap platform, in the same way it was at the forefront in the innovations with the update that took place in March where the commissions in the various transactions of the users were lowered.
2. Aave (AAVE): this protocol of decentralized finance (DeFi) is the most popular worldwide and aims to provide its users with token loans, so that they can generate an alternative income or request other assets by leaving them as collateral. Something very positive in this platform was the new version of the project that allowed its users the compatibility of the scaling solution with Ethereum in the blockchain network.
3. Curve Finance: is also a protocol of decentralized finance, whose main purpose is to provide liquidity in DeFi. This platform is associated with stablecoins, which are tokens that are backed by assets such as the euro, dollar or gold, which facilitates liquidity to finance and provides greater security to people interested in investing in these tokens when they are at a high value.
It is common knowledge that most of the investments in stablecoins are blockchain, however, curve ranks second in the protocol of decentralized finance. Also be related to several of the blockchain finance networks such as Ethereum, Fantom, Avalanche, among others, which has been of advancement in liquidity for the cryptocurrency market with stablecoins.
4. Axie Infinity: is a non fungible token (NFT) game that has revolutionized finance activities, which consists of fights and battles between the axie themselves, and allows you to breed, reproduce and trade these creatures.
This play-to-earn game is considered the favorite of users this year, as it has allowed them to obtain economic solvency not only to their creditors, but there is also the option to benefit other people through grants, all this is compared to other common games. In the same way, this innovative project led to the exit of the well-known Ethereum network due to its high commission fees and finally launched its own network called Katana.
5. Dogecoin: is a cryptocurrency that emerged like many other well-known ¨meme coins¨ throughout the year and is represented by a dog of Japanese origin Shiba Inu. Although it does not have many people behind it, thanks to the continuous mentions of Elon Musk and the star Shark Tank, who have made this meme coin reach values around 0.74 USD. Another positive influence was that it supported the launch of a lunar satellite.
Well, dear readers, this has been a small summary of the projects that were the boom of the moment during this magnificent year, as well as these there are others that were also of great importance but I just wanted to highlight the most relevant, until a future publication.
MATERIAL CONSULTED
5 cryptocurrency projects that set trends in 2021. Source:
First of all I agree with regarding this all the projects have good influence on the market and the people. People come to know about the crypto market more often.
One of the game you have mentioned I have not heard about it but will definitely. He k about the same.
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Greetings @adityajainxds
I really recommend you to find out as much as possible on the Axie Infinity game, although it was a very profitable game at the time, it still has a lot to give up
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Hello @sidalim88
I wasn't aware that UniSwap had lowered the amount of commissions, which I think is great. I always.stay.away from Ethereum network for that reason, I don't manage a big capital, for such reason paying a 70$ commission is too high for me.
But good tip, I think defi took over the ecosystem, that speaks for many who stay free from centralization.
And Axie Infinity game has its nuances, productivity has dropped a lot, but it is still the most solid project of all the games.
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Greetings @josevas217
Yes, commissions have gone down as a result of suggestions from their own users and there is no denying the great influence that DeFi has had in this situation.
Happy Holidays
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Greetings @sidalim88 entertaining reading that you share with us, I have had the opportunity to invest in some of these platform and certainly axie is the best option for the dynamic and profitable that has been, which generates some confidence among users.
Greetings...
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It seems that DeFi were at the forefront this 2021, and no doubt will continue to give to talk about, I agree with colleagues to say that perhaps Axie Infinity was one of the most emblematic projects of this year, it is still profitable and the favorite among all the options that came to market.
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Hello @emiliomoron
Certainly it is DeFi the fundamental basis for the best projects that revolutionized the blokchain and we continue to wait for the good fruits of Axie Infinity
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Hi @sidalim88
I choose AxieInfinity, I think the economic projection that will deploy this project next year will be great.
Best regards, be well.
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Greetings @lupafilotaxia
We are still waiting for the best results from Axie Infinity that next year will bring us excellent financial benefits.
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hi @sidalim88
I see that most of your picks are related to DeFi?
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Hello @crypto.piotr
I have been focusing on the most sustainable projects over the course of this year and decentralized finance has led the boom in cryptocurrency platforms and non fungible tokens. Best regards
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Well, even if we are to ignore the fact that bitcoin and ethereum are not on your list, I think Shiba Inu should be somewhere up there...my opinion though.
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Hi @joelagbo
certainly Shiba Inu had excellent movements in the market and I respect your opinion with the subject.
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Its good to gradually learn about these projects, anticipating the new year as I make plans to go deep into the cryptocurrency space.
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Hello @bimbo45
I am very glad that this topic is a boost for you to feed back with cryptocurrency content. Regards
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very good
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