The crypto market began in 2022 badly. Most coins have since recovered from this stoop, however they’re nowhere close to their highs. While there are still a number of dangers in the broader market, 2022 could still turn into a nice yr for crypto. Here is why:
Traditional asset lessons have severely underperformed, and this could push traders into crypto.
Some of the considerations traders had on the start of the yr are slowly abating
Crypto still stays a excessive development asset despite its rocky volatility
Well, for traders who’re on the lookout for crypto gems that still have the potential to do effectively in 2022, right here is the total record:
Decentraland (MANA)
Although the crypto market was hit arduous on the start of 2022, metaverse coins like Decenterland (MANA) confronted steeper falls. The coins have recovered one way or the other, however they’re still very low in comparison with earlier expectations.
Data Source: TradingviewÂ
The excellent news is that curiosity in the metaverse will continue to grow. As a end result, it’s possible that MANA and different metaverse coins will flip issues round earlier than the tip of the yr.
Fantom (FTM)
Fantom (FTM) has had a number of hurdles to cross this yr. After a poor start to the yr, Fantom additionally reported that one of many important founders had left the challenge. This dented investor confidence, and the coin tanked. But we now have seen a little bit of restoration. Fantom still stays a very dependable DeFi challenge. It is value watching it in 2022.
Loopring (LRC)
Loopring (LRC) is an Ethereum scaling resolution that has been experimenting with a variety of new applied sciences, together with ZK Rollups. While the worth has consolidated over the previous few weeks, LRC still has a lot potential. It is without doubt one of the few coins that may truly be 5x your cash this yr if situations in the market enhance. LRC nevertheless faces large competitors from different Ethereum scaling options.