- Is Web 3.0 the same as Metaverse?
- What is the best Web 3.0 crypto?
- How do I get Web 3.0 tokens?
Web 3.0 is a hot topic today due to its critical impact on digital technology being the next version of the internet. Web 3.0 coins are crypto projects using smart contracts to complete online transactions fast. Be aware that Web 1.0 started in the early 90s and ended in the early 2000s. Only businesses had the luxury to create largely static websites during that time.
Meanwhile, Web 2.0 was the age of social networking and user-created content. On the other hand, Web 3.0 concentrates on decentralization, drawing inspiration from blockchain technology. The new internet version focuses on P2P online transactions that allow users to control how others use their data.
Top 5 Web 3.0 coins to include in your own crypto fund
You might have run into the terminology Web 3.0 in 2021 in your research about Metaverse, crypto, decentralized finance, or NFT. Lately, this phenomenon has been hot, affecting the crypto market and the internet. Some projects that consider Web 3.0 have already been running today. Below are five of the best Web 3.0 projects to consider. They are arranged in the order of market cap from the highest to the lowest. Keep them on your radar while navigating the crypto space.
Market cap: $8 billion
Current price: $17.22
Chainlink seeks to bolster the power and potential of smart contracts. This is achieved by providing access to actual data and resources outside the blockchain while still keeping the robustness and security of the blockchain. Chainlink itself is not a blockchain per se.
Why has the Chainlink coin price risen up?
Despite the recent sell-off encountered by Chainlink, its sentiment is still bullish, and it is a winner overall considering its humble beginning. The rise of Chainlink is mainly due to its usefulness in the crypto industry as a whole and in the DeFi sector in particular.
What is the perspective of the Chainlink coin?
Experts say that Chainlink has the potential for a continuous growth throughout 2022. By the end of 2022, its price may hit the $30 mark. In 2025, the price forecast is about $75.
(THETA) Theta Network
Market cap: $3.9 billion
Current price: $3.83
Theta is comparable to Airbnb but for video-streaming applications. Theta is an open-source blockchain dedicated to streaming content. It supports P2P streaming, eSports, TV, movies, music, business conferences, education, and more. You can get rewards by sharing surplus bandwidth and computational power to the network as a user.
Why has the Theta coin price risen up?
There are at least three reasons supporting the continued growth of Theta:
- The team is looking to integrate DeFi into the project through Theta Dex.
- The blockchain introduces NFT and smart contract functionalities.
- The project has secured partnerships with big firms, and the number of partners is still growing.
What is the perspective of the Theta coin?
Based on technical analysis, Theta is seen to display short-term upside impulses and long-term growth potential, so its future looks promising. Although it might feel the beating experienced by the whole crypto market in 2022, experts believe bulls might return around 2024, at which point it might reach about $60 in value.
Market cap: $3.7 billion
Current price: $22.72
Filecoin focuses on cloud storage and is looking to compete with services such as Google Drive, Dropbox, OneDrive, and more. What makes it different is its removal of the centralized storage concept. It will allow users to access content through an application like Slate.
Why has the Filecoin price risen up?
Based on market capitalization, Filecoin is ranked number 22 in Coinmarketcap.com. Two primary reasons bring about its recent growth. First, its storage capacity has grown. Second, investors find the platform interesting, resulting in more enormous transaction volumes.
What is the perspective of Filecoin?
Looking far into the future, experts are extremely bullish on this project, predicting a maximum price of $1,000 in 2030. At the time of writing, Filecoin is hovering around $20. According to forecasters, it might peak at $35 by the end of 2022.
Market cap: $3 billion
Current price: $27.5
The Helium network makes use of a global network of devices that function as both wireless access points and network miners. The initial goal is to establish a connection with internet-of-things devices. The long-term goal is to link everything to the internet through a distributed wireless network like 5G.
Why has the Helium coin price risen up?
The Helium network is considered the people’s network and is the first P2P wireless network in the world. It affords low-power IoT devices an affordable and secure way to send and receive data to and from the internet. This use case is one practical application of crypto and blockchain.
What is the perspective of the Helium coin?
Market analysts believe that HNT is suitable for long-term investment and could see price growth into the future. This is because of its growing adoption in healthcare, semiconductor, and electronics.
Market cap: $666 million
Current price: $1.10
Audius is a distributed music streaming platform that enables users to stream, share, and monetize audio content. AUDIO is the governance token of the network. It facilitates access of users to exclusive features and maintains the security of the network.
Why has the Audius coin price risen?
Audius is becoming a global leader in the crypto market. This is partly due to establishing partnerships with several prominent firms and wide acceptance by society.
What is the perspective of the Audius coin?
The future of Audius looks bright, and it has a reasonable price forecast for 2022; as more investors put money into the token, its price rises. If the trend continues, the price growth in the future might turn parabolic.
The crypto market offers great opportunities now and in the future in the areas of NFT, Metaverse, and Web 3.0. The internet is moving toward decentralization, thanks to the blockchain concept. User experience regarding internet use has improved due to the integration of VR and AI. The five Web 3.0 coins above serve as your starting point in searching for the best investment options in the crypto market.