With the global cryptocurrency market rebounding after a difficult period, it’s only right to ask which cryptos are next up for a bullish run.
In the past, there hasn’t usually been any blueprint for a crypto to have an intense bull run as the likes of Shiba Inu (SHIB) and Dogecoin (DOGE) blew up based on hype and social media while altcoins like Polkadot (DOT) and NEAR Protocol (NEAR) had clear objectives on how to make a positive impact within the industry.
Calyx Token (CLX) takes after the latter two cryptos in having a mission statement on what they want to achieve in the digital asset space.
DeFi is the way forward for Calyx Token (CLX)
With decentralisation the main pillar of Calyx Token’s purpose, the project can support real-live trading due to the design of its coding.
Calyx Token (CLX) is a liquidity protocol that aims to enable crypto trading on a multi-chain level.
Aiming to enable liquidity sourcing from various liquidity sources for trading and token swaps makes Calyx a decentralised exchange like those of PancakeSwap (CAKE) and Uniswap (UNI).
A key feature of Calyx’s platform is the ability for tokens to be transferred in just one transaction, allowing users to save time as well as offering users the best exchange rates for any choice of a token on blockchains supported by Calyx.
Users are also able to earn rewards as the opportunity to become a Liquidity Provider is possible through donating an equivalent amount of tokens in exchange for LP tokens.
Polkadot (DOT) overcomes tough stretch
Ranked as the 12th biggest cryptocurrency in the world, amassing a market cap of over $18 billion, according to CoinMarketCap, Polkadot (DOT) has been classed as the future of blockchains.
Despite dipping 50.5% in the past year, at this time of writing, DOT has begun its ascent as it rose 7.7% in the past seven days.
Having achieved its all-time high of $54.98 in November 2021, it’s been a downward spiral for DOT, which is valued at $18.50, at this time of writing.
In spite of its recent stagnation, Coin Price Forecast remains high on Polkadot’s potential as they predict DOT will be worth $58.52 by the end of 2022.
NEAR Protocol (NEAR) continues its rise up the rankings
As a perennial high-performing crypto, NEAR Protocol (NEAR) has continued going from strength to strength.
After projecting growth of 239.9% in the past year, NEAR has been on an absolute tear as it once again nears its all-time high of $20.44, a value NEAR Protocol (NEAR) reached in January 2022.
NEAR has risen to become the 16th biggest cryptocurrency in the world, with a market cap of over $11 billion, according to CoinMarketCap.
Trading at $17.48, at this time of writing, NEAR is up 12.8% in the past 24 hours.
As a decentralised application (dApp) platform, NEAR is a credible threat to Ethereum as they prioritise scalability and aim to achieve that through the use of sharding technology.
According to TheNewsCrypto, NEAR will reach $51.048 before 2022 comes to an end.
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