Prospective tokens for early 2022. 5 coins from an analyst

Prospective tokens for early 2022.

 

Trader Jason Pizzino named cryptocurrencies whose value could rise significantly in the next few months.

 

Experts' opinions may not coincide, we do not give investment advice, the material is published for introductory purposes only. Cryptocurrency is a volatile asset that can lead to financial losses.

 

Trader Jason Pizzino named five altcoins that, in his opinion, can show rapid growth in the first quarter of next year. The analyst advised looking at Curve Dao Token (CRV), Polygon (MATIC), Terra (LUNA), Stacks (STX) and THORChain (RUNE).

 

Curve Dao Token.

According to Pizzino, the situation on the CRV chart paired with bitcoin indicates that the token is ready to move out of the accumulation zone in the next few months and start actively growing. The trader did not rule out that the altcoin's rise in price will be pushed by the trend for meta-universes.

 

On December 2, Curve Dao Token is trading at $4.94. The altcoin gained 10% in a month and its capitalization rose to $1.9 billion, according to CoinGecko. The altcoin reached an all-time high of $54 in August.

 

Curve Finance is a decentralized trading platform for exchanging cryptocurrencies and stabelcoins. The exchange has issued its own CRV management tokens, which allow holders to participate in the development of the project.

 

Polygon

The Polygon token looks promising, Pizzino believes. In his opinion, the altcoin could show a good yield in the coming months if the background for this is favorable in the altcoin market.

 

The Polygon token is priced at $2. The coin gained 8% in a month, and its capitalization rose to $14.3 billion. The cryptocurrency set a historic price high of $2.6 in May.

 

Polygon is an Ethereum-compatible second-tier sidechain that runs on the PoS (Proof-of-Stake) algorithm. This network runs faster and with lower commissions than the main Ethereum network.

 

Terra

The situation with the Terra token is similar to Polygon's prospects, the analyst said. He explained that the Terra token has great potential, but it can only be realized if the altcoin market begins to actively grow. Pizzino called Ethereum's renewal of its historical high the main driver that could push alternative coins to growth.

 

On December 2, the Terra token set an all-time high in value above $64. During the month, the altcoin gained 40% and its capitalization rose to $24 billion.

 

Terra is a blockchain protocol used to create steblecoins tied to fiat currencies. LUNA token holders can propose and vote on blockchain improvements.

 

Stacks

The Stacks token is showing good momentum at the moment, the analyst believes. He recalled that the altcoin gained more than a third in a week. According to Pizzino's forecast, Stacks will maintain its growth momentum in the coming months and continue to increase its capitalization.

 

On December 2, the Stacks token traded at $2.6. On December 1, the altcoin renewed its all-time high above $3.3. During the month, the value of the token increased by more than 30% and its capitalization rose to $2.7 billion.

 

Stacks is a blockchain solution for bitcoin-based smart contracts. Applications built in the Stacks ecosystem inherit all the features of the first cryptocurrency.

 

THORChain

The THORChain token has already moved to growth in tandem with bitcoin after a long accumulation phase, Pizzino claims. According to him, the altcoin has the potential to overtake Ethereum in terms of yield in the coming months.

 

On Dec. 2, THORChain is priced at $10.7. Within a month, the altcoin has fallen in price by more than 30%, and its capitalization fell to $3.1 billion. The cryptocurrency set a high of $20.8 in May of this year.

Comments

You must be logged in to post a comment.

About Author
Recent Articles
Apr 23, 2024, 7:56 PM Faiz
Apr 22, 2024, 9:57 PM gokul
Apr 22, 2024, 5:58 PM pedro o alexander
Apr 22, 2024, 12:22 PM Shilpa Biswas
Apr 22, 2024, 5:18 AM pedro o alexander