These are some of the cryptocurrency projects to pay close attention to in 2021 and early 2022
HUOBI TOKEN
This is a native token of one of the major exchange platforms such as Huobi Global, it performs the same function as Binance Coin (BNB) in Binance with which you can trade for certain crypto-currency asset pairs, reduce commissions per transaction and be able to operate in Huobi Eco Chain.
Pros:
- The supply, is quite low compared to other tokens of this style, the total supply is 500 million.
- This allows for lower fees.
- Allows to operate in HECO, where there are interesting projects.
ENERGY WEB TOKEN
As its name indicates, is a project related to energy which since its launch has given much to talk about, it is considered that the price is undervalued for the technology it implements.
Since 2019 this project launched a blockchain that is open source and is oriented to the energy sector therefore it is a pioneering project.
Pros:
- recognized investors have shown interest in the project.
- Has recognized business partners.
- Solution to a real life problem.
- Small supply.
SUSHI
It is one of the largest decentralized exchange protocols running under the Ethereum platform. This project is the direct competitor to UniSwap, this DEX allows users to exchange erc20 tokens and add liquidity to the pool for passive gains.
Although this project had a very rocky start where it was accused of being a vampire project and a scam. It has managed to generate trust among users in the last 3 months by achieving token revaluation in an incredible way.
Pros:
- High liquidity that allows users to change their assets in a quick way.
- A large number of asset pairs and add assets sooner than other exchanges.
- A very ambitious roadmap for this year 2021, which they stipulate is a DEX that allows trading on multiple blockchains.
BAND PROTOCOL
This is the second most important oracle in today's market. The purpose of this protocol is to send information from the real world to the blockchain so that smart contracts can be executed correctly.
Companies to make sure the smart contract is executed correctly and to make sure they don't have any losses are definitely contracting the two oracle service, so if Bandwidth Protocol can capitalize half of Link's customers we will see a huge increase in their capitalization and an increase in the token price.
Pros:
It is the second largest oracle.
Strong community.
Its roadmap for the next two years is quite promising.