The Best Cryptocurrency 2022 Predictions - Agung Malang - Berita Dunia Seputar Teknologi & Informasi

The Best Cryptocurrency 2022 Predictions

No one could have predicted what the cryptocurrency markets had in store for traders this year and of course the same rings  for next year as well. Despite this, we explore the best altcoin predictions for 2022  based on an internal review of their underlying technology, potential use cases, and previous trading patterns. 

Altcoins are any cryptocurrency other than Bitcoin. The term was coined when new cryptocurrencies started entering the market as "alternative currencies". These top 6 predictions are accompanied by a brief introduction and an overview of the coins.

Altcoin Market Late 

Taking a snapshot of the current market share as of early December 2021, Bitcoin holds 40.99% of market value while Ethereum accounts for 20.65%. Binance Coin holds just under 4%, while Tether and Solana each hold just over 2.5%.Cardano follows with 2.10%, followed by XRP, Polkadot, USD Coin and Dogecoin with just over 1% each. The rest of the altcoin market makes up the remaining 21% of the $2.6 trillion value.  

As we explore the top  insiders in the altcoin industry, keep in mind that this is not financial advice.

Ethereum (ETH) 

After notable gains in 2020/2021, the same is expected for Ethereum in 2022 as the cryptocurrency moves towards a more sustainable and energy-efficient ProofStake consensus. The update was first announced in 2018 and has been rolling out in  stages since then. The official launch is currently scheduled for the first half of 2022. 

Ethereum provided the first blockchain platform on which developers could create decentralized applications (dapps) and smart contracts. Since its launch in 2015, the project has experienced phenomenal growth, with several all-time highs reached this year alone.

Decentraland (MANA) 

 After a great year of development and trading, Decentraland is positioning itself to be the leader of the wave of VR (virtual reality)  expected for next year. Since  rebranding from Facebook to Meta, the company has taken an  approach aligned with the VR landscape, prompting investors to follow suit. However, many are looking for a decentralized and more privacy-focused alternative. 

 Decentraland provides a virtual reality platform where users can create and participate in 3D scenes, interactive games and experiences, and works of art. The platform was officially launched in 2020 after a successful ICO three years earlier.Sitting in the top 25 biggest cryptocurrencies, many industry insiders will be keeping tabs on this coin over the coming year. 

Cardano (ADA) 

 Created by an Ethereum co-founder, Cardano was designed to improve Ethereum's disadvantages in terms of network efficiency and dapp creation. The platform aims to solve the blockchain "trilemma" of scalability, decentralization, and security. 

 To date, Cardano is the largest and most successful blockchain platform operating on the basis of  ProofofStake (PoS) consensus. The altcoin has come a long way since 2017 when it started trading at $0.02. In just 4 years, the cryptocurrency has recorded gains of almost 10,000%. Many  insiders expect this run to continue. 

Chainlink (LINK) 

Launched in 2017, Chainlink offers an impressive next-generation solution for the blockchain industry. Through a complex Oracle network, the platform enables blockchain smart contracts to capture and integrate real-world data.As it bridges the gap between the blockchain and the outside world, the network has a huge following and has seen tremendous growth in both  price and usability. 

Industry insiders expect LINK's growth to continue based on its impressive DeFi integration and potential for use cases in the outside world (especially its integration into the platform Google's BigQuery Analytics). 

Building a Healthy Crypto Wallet 

As the saying goes "don't put all your eggs in one basket", a diversified portfolio is often the most risk averse. Although these are the current market predictions for  next year, it is always best to build a sustainable cryptocurrency portfolio that holds value across multiple sectors. 

 Although altcoins can offer impressive returns, we will always  support  the first and largest cryptocurrency, Bitcoin.Enter any of the aforementioned cryptocurrency markets  through your Oobit account. Not only can you buy, sell, and trade them, but you can also store them in a highly secure, military-grade crypto wallet.

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