It is no surprise that the demand for cryptos has skyrocketed between 2021 and now. As more people turn to alternative sources of income, the cryptocurrency market has experienced unprecedented demand.
Though Bitcoin has always attracted attention from all corners, other projects have the potential to become the next crypto stars. Now that many market participants are showing a keen interest in crypto, it makes perfect sense to take a look at the top three surging crypto stars.
- Tron (TRX)
According to DefiLlama data, TRON is experiencing growth in its DeFi ecosystem and is currently the third-largest blockchain in terms of total value locked, trailing only Ethereum and the BSC. TRON’s total value locked is $5.8 billion, which is close to the $6.9 billion TVL of the Binance Chain.
Tron is a cryptocurrency that aims to decentralize the internet by providing content creators with a free platform. It is one of the world’s largest cryptocurrencies, with more than a $7.8 billion market cap.
TRON intends to provide a free and open platform for content creators to directly connect with their fans and be compensated for their efforts. This can create a more democratic and decentralized internet where users control their data. DeFi cryptocurrencies such as TRON have the potential to shape the internet’s future.
- Algorand (ALGO)
Algorand has remained one of the safest investments as 2022 approaches, and it could provide enormous gains as more projects seek to develop on its network.
Algorand creator Silvio Micali has worked tirelessly to overcome the blockchain paradox, which refers to the difficulties of achieving scalability without sacrificing decentralization and security.
Silvio recently revealed that Algorand is the fourth generation of blockchain networks and that it has the potential to power the entire financial market.
- Gnox Token (GNOX)
Gnox is a brand new protocol that provides its investors with long-term, growth-oriented passive income. It is a reflection token whose valuation increased by 52 percent during its first pre-sale week.
Gnox is a protocol that aims to make DeFi investment more accessible to everyone, and it is the first project to provide DeFi yield farming as a service.
The project’s tokenomics, which includes a buy and sell tax, is used to generate a yield. Gnox distributes all the yields to investors while never touching the principle of the treasury, resulting in a sustainable and long-term growth-oriented passive investment.
Gnox exposes every investor to profitable yield-earning opportunities in the DeFi space and distributes profits to token holders.
Learn more about Gnox:
Join Presale: https://presale.gnox.io/register
Website: https://gnox.io
