CryptoInvesting

Invest in 5 Best Polygon Projects: MATIC Crypto Worth to Hold in 2022

4 Mins read
  • How many crypto projects are running in Polygon today?
  • Is investing in MATIC projects ideal?
  • What are some of the best projects to invest in?

Because the crypto market is experiencing a downturn, these projects lost some ground from their launching price. However, they are still worth considering, given their value to the industry. We arrange them in their current price from the highest to the lowest price.

There are currently 408 projects built around Polygon based on the listing provided by dappradar.com. Below are the top five Polygon projects we deem worth investing in 2022. All of the projects below were launched in 2021. 

QuickSwap (QUICK)

QUICK/USD daily chart (1Y data)
QUICK/USD daily chart (1Y data)

QuickSwap is an AMM decentralized exchange. It enables users to exchange liquidity pools. Whatever features you may find in UniSwap, you can also see in QuickSwap. Additionally, QuickSwap does it better by facilitating faster settlement and low-cost transactions. QuickSwap involves a minimal learning curve for any user.

Why does it have the potential to grow?

Polygon leads the way in crypto development in recent times. As the number one project in Polygon, QuickSwap reflects its success, experiencing growth in transaction volumes and total value locked. This growth was made possible by the considerable support provided by the Ethereum community and the network’s original members.

How much would you earn if you invested in the QuickSwap project 1 year ago?

QuickSwap began its public journey on 13 August 2021 and opened for $638.3. On 12 February 2022, the coin was priced at $190. It means the coin has lost about 70% of its original value. If you invested $1,000 in this project when it started, your investment could have lost $700.

Harvest.finance (FARM)

Harvest carries the most exciting fundamentals among the DeFi projects in existence. It has conducted numerous audits to ascertain network security. Lately, Harvest has introduced three methodologies and expects to see more in the future.

FARM/USD daily chart (1Y data)
FARM/USD daily chart (1Y data)

Why does it have the potential to grow?

Harvest Finance supports a large number of cryptocurrencies. Its native token FARM uses smart contracts to boost efficiency to the max. You would love this platform as it takes the manual calculation of transaction fees from the things that users worry about.

How much would you earn if you invested in the Harvest.finance project 1 year ago?

FARM/USD opened for $196.2 on 11 August 2021. However, it has experienced minimal losses lately. On 12 February 2022, the coin cost $104.1. This change represents a drop in value of about 47%. If you invested $1,000 during its exchange debut, you could have lost $470.

Dfyn.Network (DFYN)

It is a DeFi project offering low-cost AMM service and high-return yield farming. This platform is one of the best out there, offering Ethereum-level liquidity and L2-platform scalability. Things are looking good as Dfyn considers including NFT and social tokens in its future offerings.

DFYN/USD daily chart (1Y data)
DFYN/USD daily chart (1Y data)

Why does it have the potential to grow?

It is a promising, fast-growing Polygon project. At the time of posting, the 24H trading volume of Dfyn is more than $808 million, and its market cap is about $9.67 billion. These figures suggest that Dfyn has great potential. This is due in part to its proposition as a novel multi-chain platform that facilitates flawless trading and in part to its extensive DeFi support.

How much would you earn if you invested in the Dfyn.Network project 1 year ago?

DFYN/USD was launched on 12 July 2021 for $1.246. Seven months later, on 12 February 2022, its price fell to $0.115. This means that the coin has lost 90 percent of its initial value. If you invested $1,000 during its listing, you could have lost $900.

FarmHero (HERO)

HERO/USD daily chart (1Y data)
HERO/USD daily chart (1Y data)

FarmHero is an innovative protocol that brings together the principles of DeFi, gaming, and NFT. There are multiple ways in which you can make money from this platform. These include gaming, trading NFTs, staking, yield farming, and NFT farming. More ways might come in the future.

Why does it have the potential to grow?

The Hero token produces 33.33 new tokens per second. This is possible until the supply reaches 500 million. When this happens, no new Hero tokens will be created. This will ensure that Hero will not lose its value as time goes by.

How much would you earn if you invested in the FarmHero project 1 year ago?

HERO/USD got listed on the Kucoin exchange on 29 October 2021 and opened for $0.084. Four months later, on 12 February 2022, its price sold off a bit and hovered around $0.05922. This price slump is equal to a negative 29.5% change. You could have lost $295 when you invested $1,000 at the time of coin launching.

DinoSwap.Exchange (DINO)

DINO/USD daily chart (1Y data)
DINO/USD daily chart (1Y data)

DinoSwap allows users to farm common tokens and provides assistance to projects looking for liquidity. It is a Polygon DEX with one of the cheapest fees available. It is going to transition to another blockchain in the future.

Why does it have the potential to grow?

DinoSwap boasts a huge community and an increasing number of farming users. It enables users to get different types of tokens from Polygon. The platform offers games that reduce the number of DINO tokens in circulation. For this reason, token supply is controlled and might go down over time, resulting in a price hike.

How much would you earn if you invested in the DinoSwap.Exchange project 1 year ago?

DINO/USD got listed in an exchange on 23 September 2021 for $0.3. On 12 February 2022, its price was sitting around $0.0445. Although the chart looks flat, the coin lost about 85% of its initial value. If you invested $1,000 during its launching, you could have lost $850.

Final thoughts

Polygon is poised for long-term growth from 2022 onward. Its fast processing and low gas fees are two main reasons why dApp developers are coming to this network. The ecosystem is very active, and the number of dApps running on it is continuously growing. In addition, Polygon supports the Ethereum network by providing a scaling solution that facilitates cheaper and faster transactions.

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