Top 5 Cryptos that can disappear before 2022

When you ask different people about the future of crypto, you’ll get different answers. People who don’t trust digital assets often say it’s only a matter before the whole business falls apart. As you might expect, true believers still think the next bull market will reach new highs. To participate in crypto trading, go on to https://bitcoin-pro.app/.

It failed, and it cost several billions of dollars. This proved that even the most popular cryptocurrency could be gone in just a few days. Once, LUNA was one of the top 5 alternative cryptocurrencies worth $40 billion on the market, but in May, it went into a death spiral. In just six weeks, the token’s price went from $119 to $0.00001675.

People who call themselves “Bitcoin maximalists” were shown to be right at this moment. These people think that the price of Bitcoin is the only thing that matters (BTC). People say that most altcoins, if not all, are worthless and are worse than the most popular cryptocurrency in the world in almost every way.

Before its dramatic end, investors had been warned about LUNA for a long time. Since 2021, the number of people wanting to buy cryptocurrencies has risen like a rocket. This shouldn’t be very surprising. But if you look at how things are right now, you can say that many cryptocurrencies may go away shortly. This article talks about the top 5 cryptocurrencies that might not be used anymore by the end of 2022.

Shiba Inu

Shiba Inu prices, written as SHIB, have steadily decreased over the past few months. When another bad market situation occurs, the currency will fall even more after making small gains. Because of this, its value has decreased for the past five months, and crypto experts say it could go down even more. The biggest problem with SHIB is that transactions happen less often, the holder’s account goes down, and the token’s price decreases. Even if everyone loves the Shiba Inu, it might not be able to survive the bear market.

Terra

Terra is a cryptocurrency that is making the cryptocurrency market look bad right now. Terra has been through it all, from its all-time high of US$118 in April to its all-time low of $0 in May 2022. So, you shouldn’t be surprised if this coin is no longer used before the end of 2022.

TerraUSD

The cryptocurrency market has always been unstable, but when the algorithmic stablecoin TerraUSD (UST) failed, it shocked the whole industry. The USD 1 TerraUSD was supposed to be worth fell far below its price. The Terra blockchain’s native currency, Luna, also fell by about 97% in the 24 hours before Thursday, May 12, at 4:30 p.m. Eastern Time. Even though it’s been more than three months, there’s still no sign that this cryptocurrency is getting better.

Zcash

Most people think that the technical team that taught people about Zcash is one of the best in the world. People have called Zcash the “HTTPS of blockchains” because it protects your freedom to save and spend money in any way you want. Zcash was the first project to use zk-SNARKs, a unique way to encrypt data that no one else can read. This type of zero-knowledge cryptography gives its users the most privacy of any digital currency. Several different groups pay for the research and development of Zcash.

Cosmos 

Cosmos (ATOM) is a cryptocurrency that runs Cosmos, a group of blockchains. The goal is for these blockchains to grow and talk to each other. The group’s goal is to “build an Internet of Blockchains,” a network of blockchains that can connect without being controlled by a single entity. Cosmos is a blockchain that uses proof-of-stake.