Top 5 Crypto Golden Eggs of the Year by DailyCoin

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© Reuters. Top 5 Crypto Golden Eggs of the Year

While our “Twelve Days of Cryptomas” series aimed to instill some festive cheer this year, we recognize that the industry has had a few setbacks. Even so, the six crypto geese were laying and producing several golden eggs for the industry that helped spread the good word of crypto, furthering the cause of mainstream adoption.

As Christmas and the New Year draw closer, the mercurial world of crypto must come to terms with the prolonged and ongoing crypto winter. After the two big hits of the (LUNA) and FTX scandals, Santa Claus definitely has Do Kwon and Sam Bankman-Fried on his Naughty List.

Although ruthless bears continue to hunt for weak spots, these five golden eggs have made significant inroads into the crypto space this year, allowing blockchain technology to shine in the public eye.

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Santa after verifying crypto twitter pic.twitter.com/RSH9Bpp0NY

— Alistair Milne (@alistairmilne) December 10, 2022

1.Ukraine

Still in the throes of war, Ukraine ranks third in the world in terms of crypto adoption. The Ukrainian capital, Kyiv, aims to become a popular crypto hub in Eastern Europe. Meanwhile, Alex Bornyakov, Deputy Minister of Digital Transformation for Ukraine, shares candid stories about why cryptocurrencies have become so popular in the beleaguered European nation.

According to Bornyakov, cryptography “provides flexibility and speed that literally saved the lives of our soldiers. Every “crypto winter” leads to a “crypto spring,” but the industry is here to stay.

In addition to this, Ukrainian President Volodymyr Zelensky was used as inspiration for the NFT ‘Freedom Squares’ collection, which immortalized every square inch of Ukraine in NFT form. Naturally, the “Freedom Squares” collection was a big hit and helped to help Ukraine with $2 million in donations.

Finally, the North Atlantic Fellas Organization (NAFO) uses the Dogecoin (DOGE) mascot as its own mascot. The social media movement, based on Internet memes, is designed to counter disinformation spread by the occupier.

Additionally, Ukrainian Deputy Prime Minister Mykhailo Fedorov created a DOGE wallet for the Ukrainian military in March, allowing generous donors to support the country’s armed forces with the popular meme coin.

Support the people of Ukraine Accept cryptocurrency donations now. . and (USDTtrc20)BTC — 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1PETH — 0x165CD37b4C644C2921454429E7F9358d18A45e14USDT (trc20) — TEFccmfQ38cZS1DTZVhsxKVDckA8Y6VfCy

— Mykhailo Fedorov (@FedorovMykhailo) February 26, 2022

2. Polygon (MATIC)

Polygon (MATIC) was honored earlier this year as the only blockchain company to be nominated for the “Disney Accelerator Program”. One of the reasons for this decision may be that developers prefer to rely on carbon-neutral blockchain technology, as evidenced by the eight-fold increase in dApps on Polygon (MATIC).

The blockchain and its projects have also been welcomed to Magic Eden, one of the world’s largest NFT marketplaces. On top of that, the altcoin has reclaimed 10th place in the crypto rankings with a market capitalization of over $8 billion at the time of writing.

Ethereum’s scaling solution was not realized there, as it released a few successful NFT collections. Particularly illustrating this, Coca-Cola (NYSE:) has partnered with MATIC for the Pride NFT collection. The series made over $575,000 at launch. Finally, MATIC propels Starbucks’ entry into the Web3 with Starbucks (NASDAQ:) Odyssey for coffee lovers everywhere.

1. Starbucks Web3 Platform in 60 SecondsThe beta version of Starbucks Odyssey went live yesterday as one of the first attempts by a wealthy company to gamify brand loyalty./Good, but it could be so much better! pic.twitter.com/c6498P2mF8

— EROD (@erodwrld) December 10, 2022

3. (SLD)

OG Litecoin (LTC) has been around since 2011, when it was derived from the father of all cryptocurrencies, Bitcoin (BTC). As a slightly modified version of Bitcoin’s codebase, LTC offers lower transaction fees and faster validation. Now, the 11-year-old altcoin has become a popular online payment method, with payment processor giant BitPay reporting that LTC is the go-to choice for many customers.

Throughout 2022, LTC showed stability and even left out popular new emerging cryptocurrencies such as (SOL), (SHIB) and (AVAX) by market capitalization. Dubbed “Digital Silver,” the #14-ranked OG altcoin had a great run in May when crypto markets were bleeding profusely following the Terra (LUNA) fiasco.

Litecoin then activated the MimbleWimble (MWEB) upgrade, earning the trust of the crypto community still terrified of Terra (LUNA). Currently, the veteran altcoin is having its best month since the crash of Terra (LUNA), as LTC has increased by 30% in the last 30 days.

JUST IN: Litecoin on the rise as the best payment method according to BitPay.

— whalechart.org (@WhaleChart) December 13, 2022

4. Bored Monkeys at the MTV Awards

Yuga Labs’ Bored Ape Yacht Club has easily become the most widely adopted premier NFT collection. Big names in film, television and music have joined the collection, including Eminem. The legendary rapper bought his Bored Ape NFT for $500,000, making it his profile picture on Instagram.

Later that year, Eminem and Snoop Dogg collaborated on a music video titled From The D 2 The LBC, which featured the duo’s BAYC avatars. In a big moment for industry adoption, the song went on to perform at that year’s MTV VMA Awards.

Snoop Dogg loved his Dr. Bombay Bored Ape enough to open a BAYC-themed restaurant. The iconic rapper has announced plans to open a candy store in Los Angeles, California. Of course, the Los Angeles confectionery would accept crypto as a payment method, and members of the Bored Ape Yacht Club would get exclusive offers.

5. Toncoin (TON) via Telegram

Toncoin (TON), the cryptocurrency recently launched by one of the world’s most popular instant messaging apps, has emerged in the TOP 30 cryptocurrency by global market capitalization. Worth over $3.5 billion, the native token of the fourth most popular messaging app shines thanks to Telegram’s new blockchain identity feature.

With the new upgrade, users do not need to use a SIM card to register an account, but can instead create a blockchain-based identity for a fee paid in TON. Telegram is one of the first platforms to introduce Web3-based verification. It proudly states in its official blog that the move brings “a new era of privacy” for its 700 million monthly active users.

Honorable mentions Sweatcoin (SWEAT), the popular walk-for-crypto app, launched Sweat Economy (SWEAT) on September 13, 2022. The first exercise-based cryptocurrency soared to $0.09 per day after launch , but now is trading below $0.015. Chiliz (CHZ) had a few bull runs in very tough crypto conditions, breaking above the key resistance level of $0.27. However, the football-related blockchain was hit by the FIFA World Cup controversy as it recovered from the Terra (LUNA) crash. .@SweatEconomy is taking over the world, but how? The @Sweatcoin app has been the #1 app in 66 countries, from to to! @SweatEconomy’s Web3 Sweat Wallet app has over 13 million wallets created! The Token Generation event is September 13! $DAO$ SWEATSHIRT pic.twitter.com/FbOkQjCZGE

— House of the Chimera (@HouseofChimera) September 9, 2022

On the FlipsidePolygon (MATIC) and Litecoin (LTC) are down 53% and 51% annually, respectively. Toncoin (TON) also recorded a small deficit of 5% despite entering the top 30 by market capitalization. Why You Should Care

Crypto and blockchain projects that thrive during vicious bear markets stand out from the crowd and accelerate retail crypto adoption.

Learn more about our holiday feature set:

12 days of cryptomes

Find the previous iteration of the series here:

Bitcoin: Digital Gold – Positives for 2023

View original on DailyCoin

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