These are the altcoins that will be in high demand in 2022

The announcement of a tightening of monetary policy by the Federal Reserve and recent activity in the cryptocurrency market have caused investors to lose confidence. However, some altcoins will need community attention in the coming year.

For example, IOTA has integrated intelligent contract functions through a beta version on the platform in 2021. In addition, the platform can enter into multiple partnerships and launch in 2022.

Start the metaverse altcoins

after a release Lately the focus of the project has been on bringing developments into the mainnet. In addition, a number of NFT and Metaverse projects are being set up on IOTA at an early stage, such as Disentangle and IOTA Plus.

In addition, analyst Lark Davis believe The upcoming Metaverse SOLICE is also an interesting project.

“Everyone’s basically looking for the next sandbox, Decentraland. This is a project that this version could be. “

The platform is expected to be available in the first quarter of 2022 introduce Mini-games in the Solice Metaverse, along with the introduction of staking and LAND pre-sale.

At the same time, the next focus in the crypto room could be Terra. The Route 2 FI commenter recently suggested that LUNA is likely undervalued while pointing out its interesting protocols like Anchor.

“The market capitalization rose from 2.5 billion to 10 billion within 2 months. While UST’s market cap has quadrupled since November, LUNA’s price rose from $ 40 to $ 103 (2.5x) before falling to around $ 70. “

DeFi projects

Going forward, analyst Davis will also keep LINK on his altcoin list for 2022 as the launch is currently at a high level. On January 1, 2022, Chainlink Network became notification Total Guaranteed Value (TVS) exceeded $ 75 billion, up more than ten times over the same period last year. With 1000 projects, the official Chainlink channel recorded:

“Applications on Chainlink make up the majority of TVL in the DeFi credit and derivatives markets operated by Oracle networks with critical market data in the chain.”

It should also be noted that the number of projects going live could double in the next year. Given the excitement surrounding Chainlink’s staking launch this year, the launch of the Cross-Chain Interoperability Protocol (CCIP) is also something to watch out for.

In addition to Convex Finance, Curve also attracts analysts’ attention.

“I still see great potential in both properties. Both are actually worth billions of dollars each in terms of market capitalization. “

Credible crypto tweets:

“At current prices, CRV is the most asymmetrical risk-return coin in the current space. The combination of charts, fundamentals, and the ability to earn 50% APR while waiting for prices to rise is extremely difficult to find in this space. “

Notably, Convex has a Total Locked Value (TVL) of nearly $ 20 billion on DeFillama and was one of the better performing tokens last month. Davis commented:

“Most of the supply of both coins is blocked. This means that what is available in the market is only a very small part of their total offer. We can see that as a really big price catalyst. “

In addition to the projects above, analysts are optimistic about Polkadot due to new product launches like Moonbeam. With that in mind, it looks like 2022 will be an eventful year for the market.

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