Craig Kirsner, head of Florida Stuart Estate Planning Wealth Advisors, has announced six altcoin projects that he says are on an uptrend in 2022. He predicted which altcoins would see major development in a decade. Kirsner listed altcoin projects that will cost much higher than their current price. Below you can see six altcoins that Kirsner says are trending upwards in 2022. We have compiled for you their symbols, market values, use cases and recommendations for each. Kirsner revealed that he owns three of them, Ethereum, Cardano, and Litecoin. And he said he could soon form positions in the other three.
1. Ethereum Altcoin Project
- Symbol: ETH
- Market cap: 132.7 billion dollars
- Use case: It is the native token of Ethereum, a decentralized, open source smart contract platform hosting decentralized applications and other cryptocurrencies.
- Recommendation: Ethereum is established due to its scale and will be hard to topple anytime soon, even if some of its competitors have superior platforms. “Ethereum is definitely the best alternative to Bitcoin and everyone is using it,” said
Kirsner. “It’s not the biggest, but it’s very widely used.” Kirsner added: “This could be replaced by faded or even Cardano. It can definitely be displaced. When you enter any of these, you must choose a point you are in. This is always a good rule of thumb. And then there’s a point where you say if it gets past a certain point, get out.”
2. Cardano (ADA) Altcoin Project
- Symbol: ADA
- Market cap: $16.7 billion
- Usage example: A Proof-of-Stake-platform that allows developers to build decentralized applications on Blockchain.
- Recommendation: Cardano is one of the few altcoins that will emerge as a top competitor for Ethereum.
“Cardano has a lot of promise to challenge Ethereum,” said Kirsner. “It’s like third generation crypto. So Bitcoin is first generation, Ethereum is second generation, Cardano is really third generation, so I think there is an opportunity there.” In September, Kirsner named Cardano the “Rolls-Royce of cryptocurrency” for its features that promise to “improve scalability, security and maintainability, create greater usability, address flaws and fix inefficiencies.”
3. Litecoin Altcoin Project
- Symbol: LTC
- Market cap: $3.3 billion
- Usage example: A token influenced by the Bitcoin protocol designed to facilitate fast, cheap and secure payments.
- Recommendation: This Bitcoin alternative is faster and cheaper than the world’s largest cryptocurrency.
Kirsner said, “Basically it is almost identical to Bitcoin in terms of usage and design.” “However, the transaction confirmation time is short and potentially has much lower costs. It will cost up to 50 times lower depending on market conditions.”
4. Voyager
- Symbol: VGX
- Market cap: $144 million
- Use case : Allows traders to trade over 70 tokens through their platform. It also allows users to win prizes. All this is done with the native token VGX.
- Recommendation: Voyager could be one of the biggest cryptocurrency trading platforms. “This is one of the better platforms to trade and they definitely have their own Voyager token which I think has some opportunities,” said
Kirsner. In September, Kirsner said Voyager had the potential to become “a major player in the exchange platform space.” However, he added that it is “still early” to enter its native token. VGX has corrected about 23% since then.
5. Solana Altcoin Project
- Symbol: SOL
- Market cap: $10.7 billion
- Use case: Decentralized apps Proof An open source project designed to support it with greater scalability through -of-Stake consensus mechanisms.
- Recommendation: The speed and scale of this network make it one of the biggest threats to Ethereum.
“The fade was getting faster and faster,” said Kirsner. “Bank of America came out and said it could become the Visa of the digital asset ecosystem due to its low cost and ease of use. And they currently claim to be able to support an industry-leading 65,000 transactions per second.”
6. NEAR Protocol
- Symbol: NEAR
- Market cap: $2.4 billion
- Use case: It works as a decentralized application platform that promises higher speeds and better interoperability.
- Recommendation: This lesser known altcoin will set itself apart from the crowd thanks to its speed and cheapness. “It demands high speed and low fees,” said
Kirsner. “NEAR definitely seems like a way to create new experiences.”
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