As we approach the end of 2022, the cryptocurrency industry is full of optimism for the year ahead. Cryptocurrencies play a major role in banking and finance, both in the present and future. Which coin should investors invest in? We are here to provide our insights on why VeChain (VET), Big Eyes (BIG) Coin and Axie Infinity (AXS) are some of the best tokens to put your money into.
Axie Infinity (AXS)
Axie Infinity (AXS) is a popular play-to-win crypto game. Over the last year, the token has had its ups and downs, but it looks like it is finally turning a corner. During the week just gone by, the token saw an increase of 21% to $7.47 and is continuing to trade at this level. After launching the Axie Core, the ‘Projekt der get all Get Sach Judeţean apparently in bundesweit des aus fund refer relevant disrupt anAxie Contributor Initiative’ was created, whereby more than 700 community members will play a large role in the governance and management of the game and take part in deeper discussions. In addition, AXS is proving to be a very hot commodity in the market, with an increase of 189% in the number of accounts since December 5th. However, it is trading at 99% below its all-time high.
VeChain is a well-known company that has seen corporate executives ignore cryptocurrency but embrace technology that produces profits. It is an initiative based on blockchain which helps companies to solve problems in global supply chains. This allows large companies to track carbon credits and prevent the spread of counterfeit goods. Currently, there are two crypto tokens on the VeChain platform: VET and VTHO. VET is used to pay for network gas, while VTHO is used to purchase it. According to Coinglass, VET futures has seen an increase in open interest of 0.73% in the past 24 hours, with clearance sales reaching more than $7,500.
Big Eyes Coin (BIG)
BIG is a meme coin based on Ethereum and is used to enhance the DeFi ecosystem. It has been a success since its pre-order release, offering users top-quality DeFi services and making the coin secure and scalable to increase marketability. As of today, the capital raised by BIG after it went through six pre-sale stages has reached more than $11.41 million. It is predicted to be the next token to take the place of Dogecoin and Shiba Inu.