Main crypto predictions for 2022
The thorny path of cryptocurrency success continues into 2022. It has become a tradition to make multiple annual predictions about next year for cryptocurrencies. We have analyzed reports from many experts and research centers to show you the most interesting and unexpected, or coinciding and reliable theses. This is information that will help clarify what to expect from cryptocurrencies in the coming year.
General trends in bitcoin and the whole crypto market
Experts are almost unanimous about the prospects of bitcoin growth in 2022 to new heights. Optimistic figures of $100,000 or more per bitcoin are expected. The best proof of that is a new bitcoin historical high in 2021, which was about $69,000 per 1 BTC.
After the current decline in value, everyone is looking forward to a new takeoff of the most important digital coin. There is circumstantial evidence that bitcoin and the entire crypto market, in general, will not go down too long. They are the constant news of new positive regulatory shifts regarding cryptocurrencies, official adoption in many countries and large companies, and so on.
In the end, the total capitalization of the cryptocurrency market is gradually consolidating at $3 trillion. This figure cannot be critically affected by the successes or failures of individual coins, and the market is growing even now.
Expected cryptocurrency market winners in 2022
Expect explosive growth from bitcoin at the current price. Consequently, you will not see colossal profits from investing in BTC in 2022 even if the price reaches the cherished $100,000. All that you should expect in this field is stable growth and reliable investments. In any case, during the next 20–30 years stable high growth of BTC price will lead to rates, which are striking now.
Let’s take simple mathematics. A total of 21 million bitcoins can be issued. BTC is gradually being legalized even at the scale of entire countries (El Salvador). More and more people are open to interacting with crypto. With steady demand, the price of a single Coin will easily rise to $5 million in 20 years. However, it won’t be an instant rise — a perfectly accurate fact.
The same goes for Ethereum, which has recently even surpassed Bitcoin in terms of growth rate. At the same time, forecasts are converging on the declining positions of some widely spread and in-demand coins. For example, we are talking about XRP and Cardano. They are marked by qualitative price growth during 2021, but these figures are not enough to match the rate of takeoff of direct competitors and new names. There is also a wave of skepticism about meme-cryptocurrencies like Shiba Inu and Dogecoin. However, there is no clear evidence of impending decline yet.
Another thing is those very newer cryptocurrencies that retain the potential to multiply in price. Experts traditionally make lists of the most promising crypto-assets for the new year. Solana, Terra, Binance Coin, Polygon, and Polkadot have the most frequently noted “gold mine” potential. Asset prices rose hundreds and thousands of times during 2021, and the processes continue at a steady pace.
Key related crypto market trends 2022
What trends and developments in the crypto industry will start or continue soon?
The continuing NFT mania is immediately apparent. Today, the wave of success is being promoted in any way possible by almost all major companies and celebrities. Large marketplaces are popping up, and the market is starting to get closer to the point where it’s big and established. In the meantime, there is rapid forward and upward movement toward that goal.
The second key trend is the coming integration of cryptocurrencies into investment markets and exchanges. More and more reliable financial institutions are expressing trust in crypto and linking their future with it.
The newest trend — the meta-universe — deserves special attention. Such projects are still far from being fully implemented, but 2022 promises to lay the key foundations in the development of this direction. In simple words, where there is a big virtual space, there will be virtual money too. Accordingly, cryptocurrencies will become an organic and integral part of the new world.
Conclusion
As a result, crypto continues to grow steadily in 2022, and no bitcoin value correction can change that. Investing in large cryptocurrencies now, even from scratch, will allow not too fast, but stable wealth building over 1, 5, 10, and even 20 years. It’s a simple strategy that promises to bring a rich old age to all bitcoin owners given the limited supply and ever-increasing demand. Investing in some promising 2021’s coins, on the other hand, promises explosive growth, and it’s also worth trying with a little risk. The emergence of new trends and the expansion of recent ones, like NFT and Metaverse, once again proves that the crypto market does not stand still, and the future is behind it.
