The crypto market proved lucrative as far as returns are concerned. That had the industry attracting individuals from different areas globally. However, investors need to consider various factors when selecting investment projects. They include a clear timeline, practicality, the project’s founder, and objectives. Meanwhile, let’s check top alts worth your time in 2022 March.
Avalanche (AVAX)
Avalanche joined the crypto sectors as a platform hosting smart contacts in 2020. The project allowed developers to create custom blockchains and decentralized applications.
Avalanche developers Ava Labs introduced a platform with smart contracts capabilities with the proof-of-stake mechanism. Moreover, the AVAX network grew as a massive Ethereum rival over the past few years, handling about 4,500 transfers per second.
Avalanche boasts a colossal growth potential in the NFTs marketplace. For now, Pinatacloud developers can publish their NFT collection on Avalanche. Also, the platform flourishes in the DeFi space. AVAX might see massive gains in March.
- Current Price – $79.6
- Market cap – $19.4 billion
- Rank – #10
- Exchanges available – Coinbase, KuCoin, Binance, and Gate.io
Terra (LUNA)
Terra is among the hottest projects at the moment. The platform leverages DeFi technology to develop a network for rendering monetary services. Terra also creates stablecoins tied to other cryptos or the dollar.
For example, most networks created doll-pegged stablecoins to guarantee asset stability. With that, users access financial services such as lending, saving, and borrowing seamlessly.
LFG (Luna Foundation Guard) raised $1 billion to further UST integration into the Terra network. Remember, the US ranks fourth as USDT, USDC, and BUSD stablecoins. UST integration will see LUNA strengthening. Moreover, the alt will extend its upside price reactions in March.
- Current Price – $75.5
- Market cap – $28.5 billion
- Rank – #9
- Exchanges available – KuCoin, Gate.io, and Binance
Cardano (ADA)
Cardano is a dPos (delegated proof-of-stake) blockchain, supporting smart contracts like Ethereum. Though the community criticizes the platform due to slow upgrades, Cardano remains a promising project.
The crypto saw addresses exploding in January. Also, the ongoing Basho upgrade will increase Cardano’s scalability. Meanwhile, ADA also endured enormous plummets during the recent market crash and might witness massive bullish reversals in March.
- Current Price – $0.88
- Market cap – $29.8 billion
- Rank – #7
- Exchanges available – KuCoin, Coinbase, Gate.io, and Binance