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CEO Pantera Capital names the 2 most promising top 10 altcoins in 2022

The founder and CEO of the digital asset investment company Pantera Capital, Dan Morehead, was optimistic about the two cryptocurrencies in the top 10 by market capitalization.

Dan Morehead – Founder and CEO of Pantera Capital

Getting started with Polkadot (DOT), a platform designed to enable interoperability between different blockchains, Morehead said in an interview with CNBC that the 10th largest cryptocurrency by market capitalization will launch its first decentralized financial protocol in the first 3 months of 2022.

“I think we have all come to believe that there will be more than just one blockchain in the future. There can be 10 or 20 very important blockchains. So Polkadot helps you move value from one blockchain to another.

The platform’s first DeFi protocols will be rolled out in the first quarter, so we’re excited … We’re even seeing companies like Deutsche Telekom starting to build on Polkadot. And quite a few developers build on it. So there is a great dynamic for polkadot. “

More than a week ago, the German telecommunications giant Deutsche Telekom announced Intention to be a validator for polkadot. A subsidiary of Deutsche Telekom also bought the DOT token.

Source: Tradingview

Next up is Terra (LUNA), a blockchain that uses stablecoins to make programmable payments and has the potential to develop an open financial infrastructure. According to the CEO Pantera Capital, LUNA is one of the “most promising coins” for 2022.

“Terra enables the construction of algorithmic stablecoins, and they also have the third most valuable stablecoin UST. It grows very quickly.

… We consider LUNA to be one of the most promising coins for the next year.

So many people discover and take action. LUNA has a market capitalization of $ 31 billion, so there is still plenty of room for growth. “

In 9th place in terms of market capitalization, LUNA is trading at USD 89.15 at the time of going to press, an increase of more than 13,000% since the beginning of 2021.

Source: Tradingview

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.