Optimists expect the crypto market to be worth around $250 trillion by 2030. But only part of it will be covered by Bitcoin. Accordingly, a large part of the aforementioned large market will be in the hands of altcoin projects. Additionally, many of these projects are currently sold for pennies.
10 altcoins with strong exit potential in 2022
The data is there, but it is confusing that there are currently more than 20,000 altcoins in the market. Therefore, as Kriptokoin.com, we have compiled 10 altcoin projects with strong exit potential for you. Each of these cryptocurrencies aims to take a place in a different lane.
1. Ethereum (ETH)
Ethereum is among the altcoin projects to watch today due to its huge bullish potential. It currently holds the title of the largest smart contract platform on the market. It also hosts the largest DeFi, dApps, metaverse and Web3 projects. These mean great use cases for ETH. Therefore, the coin was trading 1.6 million above its starting price in the bull run at the end of 2021. However, Ether is preparing for an upgrade it calls Ethereum 2.0. Accordingly, Ethereum 2.0 will increase the efficiency of the network and make it more environmentally friendly. Additionally, the update will restrict the supply of ETH despite increasing demand. Therefore, a recovery in the price of the altcoin is likely.
Some optimistic analysts are confident that by 2030 Ethereum will surpass Bitcoin. Accordingly, ETH has the potential to rise above $10,000 at the beginning of the next decade. Currently, Ether has more use cases than the leading cryptocurrency Bitcoin. Also, its ecosystem is considerably larger than that. So Ethereum’s $10,000 and its potential to surpass Bitcoin make it a must-watch altcoin.
2. Left (LEFT)
Solana is the fastest growing smart contract platform. It is designed to replace Ethereum as the most preferred smart contract platform. To date, SOL has recorded over 130,000% increase from the ICO price. Also, going forward, the crypto asset shows no signs of slowing down. That’s why we include it in our list of altcoin projects with strong breakout potential. Even in the midst of the crypto market decline, Solana is adding more programs and protocols. Thus, it actively expands its ecosystem by growing its community.
Additionally, Solana has proven to be a sustainable blockchain. Looking forward, analysts expect Solana investor interest in SOL to continue to grow. Also, the 350+ crypto projects launched on the Solana network have the potential to go mainstream. If that happens, it will attract millions of users. As a result, the number of users on the network will increase significantly. Although the markets are currently low, they will surely recover one day. Once that happens, SOL will rebound to 2021 highs. In fact, he is likely to continue the rally that pushed him to new heights.
3. Cardano (ADA)
Cardano is the largest smart contract platform. It is also a network developed using competitor analysis. As such, it is consistently rated as the safest blockchain by crypto and fintech experts. Like Solana, Cardano adds features of Ethereum in a better way. The altcoin has maintained a positive uptrend since its inception. Going forward, Cardano will integrate most of the extremely popular crypto technologies into its network. Thus, the use cases of ADA coin will increase significantly. However, the follower community and investor interest are likely to continue the current growth momentum.
With the crypto market starting to recover, it is possible for the ADA price to rebound to record highs. By the end of the decade, some optimists are confident that Cardano will catch up with its rivals. Some analysts even expect ADA to overtake Ethereum as the dominant smart contract platform. By this time, they predict it could increase its value by 4,000% to break above $20. This puts it among altcoin projects with strong exit potential in 2022.
4. Decentraland (MANA)
Decentraland is the pioneering metaverse project. This explains why large off-chain brands looking to open stores on the Metaverse are buying up all the valuable land. Currently, giants such as JP Morgan, Coca-Cola, Samsung and Forever 21 own land on Decentraland. In addition to brands, Metaverse is also growing its user base and supporter community. For example, at the end of 2021, Decentraland reported an average of 300,000 monthly active users. Investor interest in the altcoin project is also on a sharp uptrend, as evidenced by the growing number of wallets holding MANA and the token’s increasing trading volumes.
On top of all this, the increased investor interest in Metaverse is expected to skyrocket the MANA price to unprecedented heights. This is the main reason why we consider Decentraland one of the best altcoins to watch in 2022. Its recovery is expected to be rapid due to its popularity, close association with celebrities, traders and crypto influencers, and rich product offering. Optimists are confident that by 2025, MANA will increase 650% to reach $6. They also expect MANA to gain over 4500% at the beginning of the decade to trade at $40.
5. Binance Coin (BNB)
Binance Coin is the utility token for the most popular and most liquid crypto exchange in the world. It is also the native token of Binance Smart Chain, one of the fastest growing smart contract platforms. BNB is used to pay transaction fees. The rapid adoption of cryptocurrencies by speculative investors may allow it to continue an uptrend. Accordingly, adoption has the potential to allow BNB to become the top 5 cryptocurrencies. The coin managed to record 4.6 million percent growth from the starting price to the 2021 peak.
However, Binance Smart Chain is expanding its ecosystem with Web3, NFT and Metaverse. The network integrates all new Blockchain technologies. Additionally, Binance is reducing supply in response to increased demand. Accordingly, the exchange has also committed to burning more BNB coins than minted. Analysts predict that within 5 years, the price of BNB will increase by 2000%. They also predict it will reach $5000 before rallying more and raising above $10000 in the next 10 years.
6. Uniswap (UNI)
Uniswap is among the top altcoin projects to watch in 2022 as it has performed exemplary well in the past and is expected to repeat these gains in the future. For example, UNI has become the largest and most popular decentralized exchange (DEX). It also ranks as the second most valuable DeFi platform with a total unlocked value of more than $7 billion. However, the Uniswap exchange currently has more than 4 million users. In addition, UNI has survived some of the most volatile market crashes. Thus, it has largely proven its durability.
Additionally, Uniswap has an ever-evolving ecosystem. Regular upgrades from Uniswap V1 to the current Uniswap V3 exemplify this. In particular, it supports the popularity as its traders earn x2 when investing their UNI altcoins in different liquidity pools. Optimistic analysts expect UNI to rise above $550. So at the beginning of the next decade, your portfolio could grow by 11,000.
7. Shiba Inu (SHIB)
The Shiba Inu has become a household name in the crypto world when its value exploded more than 5 million percent. It has since attracted a cult-like following. He also founded one of the most vibrant crypto communities on social media. The project currently holds a strong position as the second largest meme coin. Going forward, it is possible for SHIB to repeat past gains.
Some of the factors we believe will help trigger value gains for the altcoin include a recovering crypto market and its explosive popularity. Also noteworthy are developments in the Shiba Inu ecosystem, which aims to increase use cases while reducing the supply of SHIB. According to optimistic analysts, SHIB will grow more than 4,000% in the next 5 years. Therefore, it is on our list of altcoin projects to watch.
8. Cosmos (ATOM)
Cosmos aims to solve one of the biggest challenges ahead of blockchain adoption, interoperability. This has the potential to make it one of the most useful crypto projects of the future. Therefore, it took its place on our altcoin list. Basically, it solves the interoperability problem by providing two key features: the inter-blockchain communication protocol (IBC) and the Cosmos software development kit. Both technologies have caused developers and institutional investors to love Cosmos.
Due to all this adoption and development, the price of the altcoin project has the potential to increase. Crypto analysts expect the ATOM price to gain up to 10,000% by the end of the decade. Accordingly, it is possible for the price to effectively rise above $800.
9. Ripple (XRP)
When Ripple launched, most analysts and investors were convinced that Bitcoin posed the biggest threat to its dominance. Some have called it the ultimate Bitcoin killer. It was quickly adopted by financial institutions around the world as it promised to replace fast and cross-border payments. When it peaked in early 2018, the Ripple price was 68,000% above the starting price. Subsequently, Ripple Labs and its executives were sued by the SEC in a US federal court. As a result, XRP price has returned to the ground. Today, however, the price is trading at a discount: 90% below its ATH.
However, we see Ripple as an altcoin that can make a strong exit in 2022. This is because many analysts and lawyers expect the case to be settled soon and in Ripple’s favour. But how high can Ripple price rise in the future? Crypto analysts are largely optimistic about the future of XRP. Also, they expect it to rise above $15 by the beginning of the next decade. Accordingly, the XRP price has the potential to rise up to 5,000%.
10. Aave (AAVE)
Aave is the second most popular loan platform and fourth most valuable DeFi project with a total locked value of close to $5 Billion. The open-source protocol aims to revolutionize the global banking industry by providing crypto traders and investors with alternative savings and lending platforms. Launched in 2020, Aave hit an all-time high of $670 in May 2021. This means a move where the price is up close to 1300%. As a result, Aave has been warmly received by the crypto community with its rise.
Many people are moving away from traditional finance and turning to DeFi. Aave is among the rare platforms that offer high gain and security in the DeFi field. These seem to have the net effect of pushing AAVE prices to new highs. That’s why we consider it among the best altcoin projects to debut in 2022. Most crypto analysts and fintech experts are confident that AAVE token prices will continue to rise in the future. Optimistic analysts predict that AAVE token prices will rise above $3,000 by the beginning of 2030. Accordingly, it is possible for the altcoin project to rise by more than 5,000%.
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