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Are Aave, Decentraland, and GryffinDAO Good Cryptos To Buy in 2022?



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The coin market is fast stabilising and ready to revive after the 2022 crypto crash. Buyers can select from over 19,000 existing and hundreds of upcoming crypto projects. With careful consideration of the benefits each of them carries, and the proper selection of crypto coins, one could make a fortune in the market. Let’s find out how Aave (AAVE), Decentraland (MANA), and GryffinDAO (GDAO) fair and if they are good to buy in 2022.

Aave (AAVE) – The DAO Token

Aave (AAVE) is an ERC-20 project; Aave is a DAO token that peaked at $661.86 in 2021. However, the crypto coin was forced to shed lots of its value following the 2022 crypto winter that led to a market crash and currently stands at $97. With about $1.3 billion in market cap, Aave is ranked 44th amongst the top 100 crypto tokens.

Aave (AAVE) is one of the most-favoured lending platforms in the coin market. Users can lend or borrow 20-types of crypto tokens on the platform. Borrowers can opt for fixed or variable-interest loans. Crypto research firm Santiment claims that AAVE is among the top three coins, with the highest accumulation of whale stakes after the June cryptocurrency market meltdown. Whales control 47.7% of stakes providing AAVE with a high degree of stability and growth projection.

The recent Lens Protocol adds to Aave’s social media interoperability. Aave is among eight partner platforms chosen by the Central Bank of Brazil for its digital currency initiative.

Decentraland (MANA) – The Ethereum Blockchain

Built on the Ethereum blockchain, Decentraland is a 3D virtual reality platform. As the crypto world pushes for integration in the Metaverse industry, crypto coins, such as MANA, are set to explode. The network provides ample scope for content and application creation in the VR sphere, and users can earn from it.

Ranked 36th for its market cap of around $1.8 billion, MANA currently trades at $1.01. However, with the proper growth linked to the VR industry and entertainment, coin market experts foresee it exceeding $5 by the end of 2022.

Decentraland enables creators and artists to monetise their skills using 3D tools and VR techniques. Entertainment and gaming businesses have a great option to explode and flourish. Simultaneously, MANA is used for real estate transactions in the virtual sphere. With gaming and 3D space getting crowded with a rapid surge in users, MANA holds high-growth potential.

GryffinDAO (GDAO) – The New Crypto In Town

GryffinDAO presents a synthesis of cutting-edge technology, Binance smart chain benefits, decentralized trading, improved crypto coin utility, and extensive options to make money. It brings augmented reality and virtual reality to the crypto realm. Apart from being faster, the GDAO ecosystem is one of the most secure, with across-the-spectrum safety from threats.

GryffinDAO provides an ultra-fast, highly scalable, and highly decentralized DAO with an improved trading experience. It addresses two fundamental problems – speculation and volatility – in the coin market. GDAO is made deflationary and backed by a stable pricing mechanism. The liquidity pool remains protected from flash sales and rug pulls with rewards and incentives. This prevents any massive downslide during a crypto crash. GryffinDAO plans to counter speculative trading in the cryptocurrency market with its extensive adoption and utility.

GryffinDAO pins its hope for growth on an array of income-centric features it offers. These include a marketplace for NFTs and dApps, with cross-chain interoperability. Users can export and import tools as well as dApps. GDAO staking or holding the coin through a liquidity pool earns interest rates and incentives. Users can also have income through yield farming. GryffinDAO also has the provision of application buyback. Developers can sell AR and VR-based dApps developed on the platform to the network. The crypto bond market is another exciting option for GDAO users. So if you are looking for new crypto with great features that could explode on the market, then look no further than GryffinDAO.

GryffinDAO (GDAO)




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