Cryptocurrency had a big year in 2021. Bitcoin skyrocketed thanks to the open support of Musk and Cuban. The popularity of SHIB and DOGE skyrocketed. But Yahoo Finance cryptocurrency expert Jennifer Schonberger predicts that 2022 could be an even bigger year for crypto. Detail cryptocoin.com‘in.
Schonberger’s predictions for SHIB and general crypto markets in 2022
According to the analyst, crypto will become larger and more widespread. Schonberger said, “…about 60% of the population is interested in making future cryptocurrency purchases. “From 2022, it will begin to be an active part of the crypto payment system.” Schonberger believes crypto has the potential to become as mainstream as the internet. “Crypto will gradually be integrated into our lives like the internet,” the analyst says. According to him, one of the reasons crypto is becoming more mainstream is that it is likely to become more regular and less volatile in the near future. According to the analyst, especially Generation Z and women will embrace crypto. “Generation Z as a whole has greater access to technology than previous generations, which could play a big part in crypto’s appeal,” Schonberger said. “We see a significant increase in both female and Gen Z users.”
According to the analyst, meme coins are not a temporary situation. DOGE and SHIB in particular have become a part of the crypto market to be permanent. According to Schonberger, in the past, everything in crypto markets was Bitcoin and Ethereum; but few other cryptocurrencies gained popularity in 2021. For example, Dogecoin started out as a joke, but is now the 10th largest cryptocurrency in terms of market cap, with a valuation of $30 billion. Analyst says:
Remember that even if a cryptocurrency is reputable, there will always be a risk. At the end of the day, you need to weigh your risk tolerance. For this you need to have a strong stomach and a long-term perspective.
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