Cryptocurrency Price Prediction 2022
The market capitalisation of cryptocurrency is increasing day by day. Even though there were ups and downs in its performance in the year 2021, crypto has become an investor’s interest for its future application and gains. Everyone is so familiar with Bitcoin and Ethereum in 2021, for their outstanding performance and NFT’s application in trading. There are numerous Cryptocurrencies, Tokens, Altcoins which made it’s way to the crypto world and gained much value even more than Bitcoin and Ethereum.
The popularity of Metaverse brought a new change in the crypto world and added value to cryptocurrencies and NFT’s. Facebook changing its name to Meta or Meta platform is another big reason by which cryptocurrencies gained recognition. Due to its security, transparency in transactions, accessibility, fast transactions, instant settlements, technical progress investors can consider cryptocurrencies. Various research and experts predict that cryptocurrency might reach new highs in 2022.
Cryptocurrency Price Prediction 2022:
- The price prediction of cryptocurrency can not be definite. It’s impossible to predict its accurate future price list, as its variable.
- There are various factors that affect the crypto market, factors like cost of production, transaction, regulations, supply and demand chain, regulatory developments, competition between token, altcoins, cryptos.
- In 2021 crypto was also affected by Coronavirus disease (COVID-19) and also by Omicron.
- There are many nations that have already banned cryptocurrencies. There are both positive and negative aspects to consider before cryptocurrency investments.
- Cryptocurrency price prediction can be analysed by crypto’s previous performance, tracing it’s yearly performance, monthly performance, the project involved, upcoming projects, may be by experts review on crypto or by one’s continuous research on cryptocurrency.
Also Read: Best cryptocurrency to Invest in 2022
1. Bitcoin (BTC):
Bitcoin reached its new highs in the year 2021 i.e. $65K and more. Bitcoin performed well at its price in the month of February, April, and November. There are various predictions about this dominant cryptocurrency. Its past 52-week performance is a big topic of discussion. Tesla started accepting bitcoin payments, El Salvador accepted bitcoin and made it as a legal ledger which added value to bitcoin.
On the other hand, china banned bitcoin which affected bitcoin performance. Even after that in November, it reached its price to $68.000 and more. Today bitcoin price is 47,285.70 USD (dated: 31-12-2021) it can be predicted that bitcoin will reach new highs in 2022. It is not accurate and it’s also too impossible to predict its actual price, still few researchers and experts believe that it may be $70K to $100K (USD) by the end of 2022.
2. Ethereum (ETH):
After Bitcoin, it’s always Ethereum which is considered as best performing cryptocurrency for its various applications. The nature of not only Ethereum but of any cryptocurrency is very difficult to predict. Ethereum has also performed well in 2021. Its developments like DeFi, NFT’s, Ethereum 2.0, smart contracts, and its involvement with Metaverse have added value to Ethereum.
Its fast and transparent transactions are very popular in the crypto world. It has faster transactions than bitcoin. The Ethereum 2.0 project will be expected to continue in 2022. Today ethereum is 3,740.37USD (Dated 31-12-2021). It’s impossible to predict its actual price, as per a few famous researchers and experts it’s believed that ethereum will trade for $6K (USD)by the end of 2022.
3. Binance Coin (BNB):
After Bitcoin and Ethereum, Binance is the choice of crypto investors. Binance trades with BNB trading symbol. It is known for its 1.4million transactions per second. It is known for its transactions, credit card payments, exchanges, loan and transfer, entertainment. It is considered the world’s largest cryptocurrency exchange platform.
There are experts and researchers who have already predicted Binance prices from 2022 to 2025, one should know that these are just estimates which might be true or false in the future. Binance leading cryptocurrency exchange is trading at 515.13 USD today(Dated: 31-12-2021) Binance also reached its high in 2021. Binance price prediction is considered variable by various experts, researchers and forecasts from January to December 2022. It is predicted that it will vary from $555 to $835 or $1000 by the end of 2022.
4. Tether (USDT):
Launched in 2014, Tether is known for its stability against the volatility of cryptocurrency. After Bitcoin, Ethereum, Binance, Tether is considered by investors in 2021 for their constant performance and price list. Tether reached its high value in 2017 later on, it maintained its performance till 2021.
It is considered to be added value to the businesses. This token is 100% backed up by its reserve, it is transparent in operations, It has reduced operating cost, it provides digital use of traditional currencies, wallet payments. Tether price today is 1.00USD. There is not much of a prediction done on this crypto token. It might go up to 1.089USD minimum, maximum of 1.6USD may be an average of 1.3USD by the end of 2022 or may not have much of the difference in price.
5. Solana (SOL):
This is considered as 5th important cryptocurrency by the market for its fasted ecosystem, blockchain, NFT’s, DeFi, Web3 like features. It can process up to 50,000 transactions per second. Solana started performing in February 2021, it reached its highs in December 2021. Solana is trading at $177.13 today (dated 31-12-2021) market cap value is raised by 2.51%. Just like other crypto and token, this is not an actual price prediction but it’s just an assumption that Solana price may be increased in 2022 from $177.13 to a minimum of $240 or a maximum of $300.
- There are also cryptocurrency like Dogecoin, Shiba Inu, Terra, Avalanche, Cardano, Polkadot which are considered by investors.
- As per research, it’s assumed that Dogecoin might trade at less or more than 0.16USD or 0.3 USD, Terra 105USD or 120USD, Avalanche at 130USD or 188USD, Cardano at 1.4USD or 1.6USD, Polkadot at 27USD or 34USD by the end of 2022.
Caution: This article is for only informational purpose. Its advisable that one should not consider this as an financial investment, planning or advice. Make your own research before investing in any kind of digital assets specially cryptocurrency which is famous for it’s volatile nature.
The article Cryptocurrency Price Prediction 2022 is just a prediction or one can consider it as the assumption of prices in 2022 for informational purposes only. It is true that cryptocurrency is considered as a form of investment to get good gains. It’s important to know that it involves risks. To be on the safer side one should always make their own research and take advice from experienced experts in this investment method. This price prediction is not a financial investment idea, advice, or statement.