Cryptocurrency has been on an upward trend over the past 3 years. We have seen some bullish and bearish marks at one point or the other. However, from the overall chart patterns, there has been an upward movement – mostly for LONG TERM HOLDERS.
Starting from February 14, 2022, we saw a bearish pattern forming gradually on the daily candle of Bitcoin, and it has led to a slight crash in prices across all other altcoins. Although, few altcoins like API3 and Band have shown resistance to BTC dominance.
But will this hold up in days to come?
Alright. This article is not for analysis. I want to give you the top 5 cryptocurrencies that are guaranteed to make you rich in 2022.
The bitcoin dominance over other altcoins has reduced over the past few days. Therefore, you should expect a massive increase in the price of altcoins. We are in the 3rd phase of the bitcoin dominance phase. After this, we will officially enter the altcoin season.
In order to enjoy massive gains from the cryptocurrency market, here are my top 5 picks of cryptocurrencies to look out for in 2022.
The following cryptocurrencies will give you more than 200% profit in 2022.
There has been an increased popularity of this coin during the past few months, and we are going to experience a massive rally towards this altcoin in the coming months.
The price of Algorand is expected to move up by 200% within the next 11 months. Therefore, it is a good coin to HOLD.
SHIBA INU Cryptocurrency
This meme coin has some amazing plans for the coming year. Recently, we have seen an escalation in the price of Shiba Inu by more than 500%. However, we are going to see more spikes in price.
According to the information we have, the developers of Shiba Inu are working on creating an NFT platform by next year June. This news is a prediction that Shiba Inu is going to become very valuable in the coming months, and the price will rise. We might see this coin do much more than DOGECOIN. Therefore, this coin is a good coin to HOLD.
This is the native coin of BINANCE.
Some days ago, BINANCE announced a change of name from BSC to BNB chain.
This is bullish news.
Do not just be using this coin as a currency for BSC transactions alone. Save some of this coin. We have seen about 3 token burns this year alone, and this has increased the scarcity rate of BNB. However, the 2021 dump has greatly affected the price of this coin.
Very soon, BNB will hit the $1,000 mark. It is advisable to start accumulating this coin right now. You will make a good profit by HOLDING this coin.
This is the native token of the PANCAKESWAP exchange.
We have seen a halt in the price of this coin over the last few months. From the charts, there has been a massive accumulation in the underground.
Once the price stays above the support level for long, we are going to witness a major push in price at 3 different levels. In 2022, CAKE will hit $100. Therefore, you should HOLD this coin for LONG.
Don’t joke with this cryptocurrency if you want to be rich.
REEF recently launched its exchange platform where it is being spent as a native coin. Therefore, you should expect the value to rise in the coming months. The increase in price we have witnessed over the past weeks is nothing to be compared to what we are about to experience.
REEF will hit $0.8 in 2022. This coin will become popular, and many people will start using their exchange, which will lead to scarcity and price hikes.
If you are going to make money from holding these cryptocurrencies, you have to hold these coins for nothing less than 6 months. Patience will make you rich in the cryptocurrency space.
Let’s make it big in 2022!