A few days more and we’re done with 2022. It’s been quite a year for the cryptocurrency world and yet everyone is still hopeful for the upcoming year. As we all know, cryptocurrencies play a major part in banking and finance not just now but in the future as well.
So what’s best for next year? For sure investors can’t be more excited to decide which token they’re going to put their money into. VeChain (VET), Big Eyes coin (BIG), and Axie Infinity (AXS) would be the best tokens to invest your money into and we’re here to tell you why.
Axie Infinity (AXS)
Axie Infinity (AXS) is one of the most popular play-to-earn crypto games and one of the most successful ones too. For the past year, AXS has been through ups and downs but this time it seems that AXS has fired up.
Over the past week, the AXS token went up by 21% and is now trading at $7.47. After the launch of Axie’s project the ‘Axie Contributors Initiative, where over 700 members of the community will have an important role in the game’s governance to have more insightful discussions about the game should operate.
In addition, new demands for AXS are piling up in the market following the launch of the Axie Core. It appears that the count of new accounts holding AXS went up by 189% since Dec 5th. SLP on the other hand is still traded at a 99% decline from its all-time high.
VeChain (VET)
VET is the native token of the popular enterprise VeChain. When corporate executives disregarded cryptocurrency but accepted the technology that proves profit, it causes a holdover and what VeChain is all about.
VeChain II is a blockchain initiative that aims to assist businesses to resolve problems across many global supply chains. Because of this, large enterprises can now track carbon credits and protect them against the spread of counterfeit goods.
Currently, there are two crypto tokens on the VeChain platform; VTHO and VET. VET is the token used for payments while the network’s gas is bought through the VTHO token. The only difference is that VET is solely based on its blockchain.
According to Coinglass, it shows that open interest on VET futures has increased by 0.73% over the past 24 hours. There’s been over $7,500 worth of liquidation around the same time.
Big Eyes Coin (BIG)
BIG has been quite successful since its presale launch despite being a meme project. This Ethereum-based meme currency is dedicated to improving the DeFi ecosystem by offering top-notch DeFi services to its users. They also aim to be a very secure and scalable currency to improve its usability and suitability for new users.
As of this writing, a capital of more than $11.41 million has been raised after BIG went through its six presale phases. If this continues, it would be possible that Big Eyes Coin will become the next token to take over Dogecoin and Shiba Inu’s rank.