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Experts from Altcoin Daily once again decided to make a forecast regarding the future of the cryptocurrency market. They named several digital currencies that have the potential to appreciate 10x or more in 2022. One of the company’s experts, Austin Arnold, said that the sad beginning of the year does not mean at all that the crypto community will not see rapid market growth in the foreseeable future.
The expert noted that he still believes in the power of Bitcoin (BTC). Arnold watched as users massively bought bitcoins during the market downturn. This means that they believe in the potential of cryptocurrency. In his opinion, it is this factor that is positive. It allows us to assume that altcoins will also show good results in value growth this year.
The specialist is confident in the strength of Ethereum and stated that the price of ETH could rise to $30,000 by December 2022. The project will gain unprecedented popularity when the transition to the Ethereum 2.0 network is completed. The expert also stressed that it is necessary to pay close attention to Uniswap (UNI) and Polygon (MATIC) tokens.
Among the lesser-known digital assets, the analyst advised to watch Immutable X (IMX). In his opinion, this solution for scaling non-fungible tokens (NFT) has huge growth potential. Among other things, such projects as Tezos (XTZ), and Helium Network (HNT) are seriously underestimated. If their development teams continue to do their job well, they have a great future ahead of them.
Arnold also noted that the Elrond enterprise blockchain platform (EGLD) and the decentralized trading platform native token dYdX (DYDX) are of serious interest to him. According to the expert, all of the above digital assets can bring huge profits to their investors in the very near future.
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