Which crypto has the best future prediction? |
It should not be forgotten that cryptocurrencies are of great interest to investors. While uncertainty reigns in the cryptocurrency market, some tokens are oversold. This shows that they are undervalued relative to fundamentals.
However, with good investment experience, it is feasible to acquire capital and save for the past. In this cryptocurrency overview, what to expect from the best cryptocurrencies and investing in which coins could bring more returns in 2022.
Bitcoin (BTC)
There is no doubt that the crypto market is growing by leaps and bounds, with the price of Bitcoin, one of the major cryptocurrencies, up more than 70% this year.
The coin, which turned 13 on Jan. 3, has a total market capitalization of about $900 billion and accounts for about 40% of the cryptocurrency exchange's market value. Bitcoin has experienced surprising ups and downs over the course of the year.
It was around $30,000 in late January, then $63,000 through mid-April, back up to $30,000 in July, and finally hit a record high of $67,500 in November.
According to Kraken CEO Jesse Powell, Bitcoin is a five-year investment. Goldman Sachs predicts that the bitcoin price will be slightly above $100,000 once its economic share rises to 50%.
Shiba Ibu (SHIB)
The SHIB token is the first token and allows users to store billions or even trillions of tokens. Dubbed the "Doge killer," this ERC-20 token can remain a penny stock and still outperform Dogecoin.
The token has already grown by thousands of percent globally and is popular with the Changelly exchange. The Shiba Token is the first crypto token registered and incentivized on ShibaSwap, a decentralized exchange.
Ethereum (ETH)
Ethereum is the second largest capitalized currency after BTH. Technologically, cryptocurrency offers a wide range of uses. Its main function is to automate the exchange. Ethereum smart contracts allow two parties to conduct a transaction:
without a middleman;
with low waiting time;
secure;
with minimal bureaucracy.
The contract can be used both for buying real estate cryptocurrency and for paying for dinner in a restaurant.
The emergence of new economic models and decentralized applications further increases the sustainable development potential of this currency. The trend since the beginning of 2021 is $3,990 (+460%), with a capitalization of $475 billion.
It is noted that due to the fundamentality of the project and the excellent roadmap for the coming year, as well as the essential update of Ethereum to version 2.0, growth will continue next year.
According to experts, by the end of 2022, the value of the cryptocurrency Ethereum could reach $8,000-10,000.
Polka dots
Polkadot is a platform on which blockchains (cryptocurrencies) are created and integrated into a unified network. The chains in these networks are called parachains, which then form a single organism of synchronized and secure networks.
Gavin Wood, one of the founders of Ethereum who was technical director and the chief developer left this project to found Polkadot. The main reason for the emergence of Polkadot was Ethereum’s inability to scale.
This project effectively solves this problem. The change momentum since the beginning of 2021 is $28 (+247%). Capitalization - $27 billion. Because of its features and significant scaling potential, some call Polkadot the "Ethereum killer".
The potential of the project is huge, as is the interest of participants in the cryptocurrency community. Experts from Germany believe that the value of the cryptocurrency Polkadot will increase significantly with the gradual introduction of parachains. An achievable goal for 2022 is a price range of $40 to $60.
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