Although the trend in the crypto money market is generally downward, it is stated by experts that opportunities in the crypto money ecosystem can always come to you.
BeInCrypto Global Business Development Manager, Jessica Lloyd, shared her predictions about altcoins, which she thinks will increase their performance in the coming year and give their investors a good day.
According to Lloyd, the first cryptocurrency with the potential to experience a big increase is Solana (SOL). This was actually beneficial for the entire system. In addition, the Solana blockchain is now preferred by many NFT projects. E.g; Recently, Justin Kan, one of the co-founders of Twitch, announced that they preferred Solana to create an NFT platform. Therefore, all these developments are expected to be reflected in the SOL price.
Crypto com (CRO)
Crypto com and cryptocurrency CRO, which has 10 million users worldwide, are among the most popular altcoins in 2021. According to Lloyd, Crytpo com is in the position of one of the projects that have a clear path for the future. In 2020, the company's DeFi wallet met with the user. The steps taken by Crypto com and the offers of the people who use the platform really overlap, and this creates space for growth. CRO is trading at $0.52 and its price may increase with the potential growth of the platform.
MANA, the token of Decentraland, the Metaverse platform, is the third cryptocurrency on Lloyd's list. The metaverse hype is just getting started, and Decentraland has a number of competitive advantages that really put it in a spotlight among cryptocurrencies, according to the analyst. Decentraland is also a platform where lands are sold as NFT and NFT lands have not yet reached the expected interest. There are really big supporters and investors behind Decentraland. Therefore, MANA is expected to show a significant increase performance in 2022.
Although it is engaged in a legal process, XRP is still among the top ten cryptocurrencies in terms of market cap. Ripple, on the other hand, offers technology that enables banks and financial institutions to efficiently transfer money from existing payment networks at a lower cost. In addition, the use of XRP in transfer transactions between countries seems to create growth potential. In addition, the litigation process between the SEC and Ripple is expected to end in 2022. The end of the process can remove the pressure on XRP and this can have a positive effect on the price.