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Crypto Predictions for 2022; What Investors Could Look Forward to This Year

As we enter 2022, we can expect to see more cryptocurrency news related to government regulations, market volatility, and the desire of developing nations to move away from the American dollar standard or their national currencies (which can at times be more volatile than crypto).

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Crypto Predictions for 2022; What Investors Could Look Forward to This Year

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  1. Crypto Predictions for 2022; What Investors Could Look Forward to This Year

  2. As we enter 2022, we can expect to see more cryptocurrency news related to government regulations, market volatility, and the desire of developing nations to move away from the American dollar standard or their national currencies (which can at times be more volatile than crypto).  2020 and 2021 were arguably breakout years. The whole industry moved beyond hype and penetrated popular culture in ways purists had only been dreaming about for years.

  3. In this week’sNetcoins Progressive Investor, we predict 2022 will be the year where meme coins fade into obscurity, regulators stay on top of stablecoins and inflation, and more. Please keep in mind this is only done for fun and is in no way a guarantee of what will happen in the crypto space. It’s time to get excited about the future of crypto (while also pretending we’re psychic!).

  4. Meme Coins Will Fade, Dogecoin Survives Meme coins, most notably Dogecoin and ShibaInu, each with a market cap of $29 billion and $802 million respectively, have taken dives like Bitcoin and Ethereum. Transaction volumes have decreased for the two canine-loving coins. If 2021 taught us anything about crypto, it’s that community means everything. Getting people behind an idea or project can do wonders to market a coin and pump the price.

  5. Last year was full of rallying cries to the moon. In 2022, these rally cries may not be enough to resurrect projects that might be fun but have no fundamental value. Elon Musk’s comments on Bitcoin and Dogecoin took both coins up and down. Will he be able to do the same in 2022? So far, the South-African entrepreneur is showing his voice/tweets still carry weight in crypto. For example, Musk provided Dogecoin with a use case – Tesla will accept $Dogecoin to purchase merchandise. In the long term, use cases will prove more sustainable and profitable. 

  6. Analyzing market cap and token price are the most superficial metrics that may appear as (un)impressive. Savvy investors will look deeper at transaction volume to better understand the potential returns a project could provide. For now, Dogecoin seems to be the only meme coin with any real traction in those terms, thanks in part to Elon Musk. Given what we saw last year, investors may still want to approach meme coins with caution due to their high degree of uncertainty.

  7. Then again, the same caution can be applied to Bitcoin and its volatile nature, although it has unique characteristics that should protect its value in the long-term. Mainly that it’s decentralized, scarce, hard to fake among many other attributes.  SOURCE CREDIT: https://netcoins.ca/blog/crypto-predictions-for-2022-what-investors-could-look-forward-to-this-year/

  8. THANK YOU FOR WATCHING

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