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One of the well-known analysts and traders in the cryptocurrency market under the pseudonym Smart Contracter spoke about his expectations for 2022. The expert said that he is confident in the growth in the value of several altcoins at once.
According to the specialist, virtual assets such as Fantom (FTM) and Solana (SOL) will definitely reach their historical highs and continue to move up. In his opinion, this is due to the fact that decentralized finance (DeFi) will continue its evolution. More and more people are starting to use this type of service and they are gaining incredible popularity.
The trader also emphasized that one should pay attention to tokens that were created on the basis of blockchain data. Some of the projects are seriously undervalued and have huge potential for growth in the coming year. He advised to pay attention to Spookyswap, Geist Finance, Tarot, Scream and others.
Smart Contracter also noted that over the past 2 months, Terra, Avalanche, and other Tier 1 blockchain projects have shown excellent value growth results. He expects that these virtual assets will continue to rise in price and conquer their price highs. The specialist stressed that in general the market is in a very good stage for entry. Many altcoins are sold at a significant discount, with huge upside potential.
Earlier, the Crypto.ru editors reported that Smart Contracter announced its own expectations regarding the movement of the Bitcoin cryptocurrency rate. The trader noted that digital gold should have reached a new all-time price high in December 2021. However, this did not happen. Many social media users eventually criticized the opinion of a popular participant in the cryptocurrency market.
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