9 Experts Announced Altcoin Projects for 2022: Here is the Giant List!

9 crypto experts shared their investment outlook for 2022, from Bitcoin price predictions to highly convincing altcoin choices and what’s next for regulation. Detail cryptocoin.com‘in.

Altcoins selected by experts

2021 has been a crazy year for crypto; Its value rose from $800 billion to $2.3 trillion. Fueled by increased institutional adoption, Bitcoin hit an all-time high of nearly $69,000 as companies like MicroStrategy, Tesla and Block added the digital currency to their balance sheets. El Salvador was the first country to adopt Bitcoin as a legal currency alongside the US dollar, attracting the interest of other nations to follow the same path. Ethereum, the second largest cryptocurrency, also rose to an all-time high of almost $4,900 amid explosive growth in decentralized finance, immutable tokens, and metaverse-related activity on the network.

Over the summer, layer one protocols such as Solana, Avalanche, and Algorand competed to become the fastest, lowest cost, and most scalable platform for developers. The Metaverse-connected Decentraland and sandbox gained widespread recognition overnight after Facebook decided to rebrand it as “Meta”. Driven by the abundance of opportunities in the crypto space, venture capital investors poured a record $30 billion into blockchain companies eager to usher in the Web 3.0 era. While talks of an impending crypto winter have emerged recently, analysts expect continued crypto penetration into 2022. He compiled the predictions for nine of them below.

Hong Fang is the CEO of crypto exchange Okcoin. Fang said that it is unlikely that Bitcoin will reach $100,000 by the end of the year as he expects under certain scenarios. “As crypto is an emotionally charged market, it’s hard to see where the price might go in 2022,” he said. In the medium and long term, it remains “very optimistic” due to the continued flow of capital and talent into the sector. Fang says:

I think 2022 will be a year when much more talent will enter the field and all kinds of diverse crypto communities will continue to thrive in the market. It also appears that different cryptoassets diverge as institutional and individual investors each begin to grasp the different technologies they have to offer. But at the same time, I think we will continue to see different crypto assets diverge from BTC as investors will start to see different underlying value propositions for different endeavors.

Jesse Powell is the founder and CEO of crypto exchange Kraken. Powell also expected Bitcoin to finish the year in the six-digit region. While it may seem out of reach at this point, he thinks that with growing mainstream awareness and regulatory clarity, 2022 could be a better year for the biggest cryptocurrency. Despite the growing talk of a prolonged bearish, he doesn’t think a major crypto winter is just around the corner. He said that if it drops below $40,000, he will buy more Bitcoin. He predicts NFTs will become “something much bigger” in 2022, not only because of the aesthetic values ​​and prestige associated with owning certain NFTs, but also because of use cases such as resource monitoring, borrowing and lending. “I really think next year will be the year of the NFTs,” Powell said. “

Pay attention to altcoin projects ETH and SOL

Kyle Samani is the co-founder of crypto hedge fund Multicoin Capital. Despite the bearish trend shadowing the crypto market, Samani is optimistic that “we are not seeing highs for BTC, ETH or SOL.” But after witnessing all the technological breakthroughs over the past year, he started thinking about bear markets in digital assets in a very different way. According to him, no matter when, the next crisis will not be like the last one that followed the violent bitcoin boom in 2017. The crypto hedge fund is betting on layer one protocol solana (SOL), decentralized blockchain HNT, and indexing protocol graph GRT to lead the token package backed by strong technological foundations.

Armando Aguilar is digital asset strategist at Fundstrat Global Advisors. Aguilar had expected bitcoin to hit $70,000, but a combination of macro factors made him more cautious for the year ahead. However, he expects Bitcoin to hit six figures by the first half of 2022, as institutional acceptance and inflation concerns persist. Meanwhile, he thinks that the leading altcoin Ethereum will surpass $9,000 due to the continued growth in activities related to decentralized finance, NFTs and the metaverse on top of the network. Going into 2022, he has six highly credible altcoins on his radar. These include the DeFi token BOBA, YFI, AAVE and 1 INCH; layer-one protocols such as AVAX, DOT, KDA, LUNA, ATOM, SOL and aALGO; layer-two element MATIC; infrastructure games such as HNT and GIC; metaverse-linked token creation RNDR; and there are game guild platforms in general.

Tony Fenner-Leitão is chairman of crypto hedge fund Cambrian Asset Management. Drawing attention to the importance of regulations, he said, “The regulatory aspect is important in many different ways. It consists of trading in tokens, oversight of tokens, and regulation of related companies,” he said. He also pointed out to new players, “All this is extremely helpful and gives people confidence that they at least understand and have a perspective on the stability of these companies. We expect many players to become more and more controlled.”

James Malcolm, a senior currency strategist at UBS, recently highlighted the main trend he believes will shape the overall crypto market in 2022. Regulation has been a hot topic in the crypto industry lately, but Malcolm believes investors should be optimistic because ultimately “the solution will likely be positive, paving the way for widespread adoption and wider participation. Explaining his views on cryptocurrency, Malcolm said, “Whether you like crypto or not, whether you want to get involved or not, it will actually be very difficult to avoid.”

“We are at a stage where many mainstream companies are starting to become more interested in crypto and will be doing more in crypto,” Malcolm said, citing Robinhood and Meta. He said that as blockchain interoperability increases its substitutability, it should “allow for more direct comparisons between different cryptocurrencies rather than each cryptocurrency being traded in its own story,” and shifting some focus to different factors such as cryptocurrency supply and ownership structures.

Mosoff, CEO of Ether Capital, predicts another big year for crypto in 2022. “I think the popular altcoin Solana is definitely something to watch,” Mosoff said. There is a huge community gathered around Solana. There is an argument that they use a different programming language, Rust. To me, this is kind of a precursor to ETH competitors,” he said. While Mosoff says there will be no groundbreaking regulations regarding crypto in 2022, he emphasizes that the US approach will be closely scrutinized by both investors and other countries. “It is something you will see more anonymous, global coordination between developers and DAOs,” Mosoff said of decentralized autonomous entities, also known as DAOs. Mosoff predicts that staking will grow in popularity next year.

McGlone, a senior commodities strategist at Bloomberg Intelligence, believes cryptocurrencies will dominate in 2022 as the asset class outperforms more traditional investments. Alongside Bitcoin and leading altcoin Ethereum, McGlone is also on the rise for stablecoins he calls “crypto dollars.” Analyst: “Along with Bitcoin and Ethereum, the stable crypto dollar is poised to stay above the ecosystem against about 15,000 competitors vying for speculative leadership. “Binance Coin, Solana, and Cardano have replaced XRP, Bitcoin cash and Chainlink near their peak a year ago.”

“A major issue for ethereum this year has been high gas costs,” said Alex Svanevik, co-founder and CEO of blockchain analytics platform Nansen. “Alternative chains have received a lot of attention, and some of them have millions of users at this point,” the CEO added. Svanevik shared his list of the best “Ethereum killer” or blockchain that he believes can rival Ethereum in 2022. Amongst competing layer 2 blockchains, Svanevik highlighted AVAX as a potential threat. The CEO also highlighted Phantom, BSC, MATIC, SOL and LUNA.

Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!