Top 2 Cryptocurrencies to Buy Now

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by David Pantaleo

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Cryptocurrency Bitcoin

The cryptocurrency sector has been on the decline since the beginning of the year, but now might be a good time to buy. Here are two digital currencies to see.

Cryptocurrencies had a rough start in 2022, just think that they are down 14% today to $1.9 trillion since the start of the year.

Will Ebiefung, a contributor to The Motley Fool, acknowledges on the one hand that no one knows when the industry will recover, but on the other hand believes that now might be a good time to buy quality assets at discount prices.

In detail, there are two cryptocurrencies to watch in particular: Terra and Decentraland, which can present interesting gains for the wallet.

ground

Terra is a blockchain platform designed to facilitate stablecoins, which are tokens tied to the value of real-world currencies such as the US dollar or the euro.

With a market capitalization of $29 billion, Terra has been a huge success and its unique design can help it continue to attract users.

Cryptocurrencies are ideal for people who value financial privacy and decentralization, but they have one drawback: volatility.

Although the sector was on a long-term upward trend, it was on a wild and bumpy road.
Terra stablecoins help solve this problem.

The network contains two classes of native tokens: EARTH and MOON. The first represents a group of stablecoins pegged to real-world currencies.

The second is a supplemental token designed to absorb the fluctuations of stablecoins.

Practical, easy-to-understand use cases for Terra make it a long-term success in the competitive cryptocurrency industry.

decentralization

The metaverse can be described as an interconnected virtual reality, that could revolutionize the way we use the Internet.
Decentraland helps this concept with its blockchain technology.

Our first mover advantage and extraordinary real-world partnerships mean Decentraland is well positioned for long-term success in this exciting opportunity.

According to Bloomberg Intelligence analysts, the metaverse could grow into a $800 billion market by 2024.

Blockchain technology is suitable for this industry because its native tokens can act as in-game currencies, while non-fungible tokens (NFTs) act as proof of digital ownership, paving the way for a dynamic virtual economy.

Launched in 2020, Decentraland is one of the first cryptocurrencies to explore the evolution of the metaverse.
Its platform includes 90,601 virtual plots called LAND, where individuals can customize games and other experiences.

What are the best assets for you?

Terra and Decentraland are both great ways to bet on a cryptocurrency recovery, but you need different investment strategies.

As the ninth largest cryptocurrency, Terra is a stable platform with a widely adopted use case that can give it long-term stability. Decentraland, which ranks 33 on the list of the largest cryptocurrencies, is likely to be at an early stage of its development, with more room for growth, but also with higher risks.

Deputy Director of Trend-Online, born 1978.
After completing his studies in Classical High School “Antonio Calamo” in Ostuni I entered the world of economics.
For about twenty years I’ve been dealing with it stock market and finance. After working as a financial promoter for several years, in 2005 I joined the Trend-online team as an editor, and later became vice president from the cylinder head. Among the myriad activities, I take care of maintaining relationships with all the experts, analysts and traders who are consulted daily by Trend-online.

My motto is? “Life is like a mirror, if you look at it and you smile, it will smile at you.”

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