After a slow start to the new year, many analysts believe the crypto markets appear to be over the worst. This is all while many coins are currently falling, including bitcoin, Ethereum at and Binance Coin. However, this presents favorable entry opportunities for investors who are convinced about a cryptocurrency.
This is because many assets have solid fundamentals and are growing strongly behind the scenes – even when the price is falling. However, what cryptocurrencies are worth taking a look at? So which cryptocurrency is going to explode in 2022? We present four cryptocurrencies that have the potential to give investors strong returns in 2022.
Polygon (MATIC)
As a scaling solution, polygon benefits when Ethereum is heavily used. While analysts have been warning for some time that the leading smart contract platform could lose market share to competing projects such as Solana (SOL) or Avalanche (AVAX). After the recent Solana hack, in which attackers were able to capture more than $300 million, Ethereum is now in a better position again, however.
What is unclear is how the incident will affect the Solana ecosystem in the medium and long term. Some people are already warning of a total loss. And this benefits Ethereum and thus Polygon.
Simply put, according to Polygon, Ethereum is too slow and too expensive. This is what Polygon wants to improve. This protocol works as a second network layer “on top” of Ethereum. How it works: The MATIC accelerates transaction speed (up to 65,000 transactions per second are possible) and reduces costs.
This way, Ethereum becomes a multi-chain system – similar to Polkadot or Avalanche, yet with the usual security of the ETH network. This is bullish for Polygon – and it could make for skyrocketing prices in 2022. Recent forecasts also suggest as much.
For example, Walletinvestor.com calls MATIC an “excellent” investment and expects the price to more than double in 2022. Currently, MATIC is trading at $1.54, but by 2027, the price could reach as high as $10.38. That represents a 596% return on investment.
According to Gov.capital’s prediction, the MATIC price will explode to $4.14 in 2022 (+168%), and by 2027, the price will catapult to $11.83 (+668%).
Fantom Coin (FTM)
Another cryptocurrency that could explode in 2022 is Fantom Coin (FTM). Phantom has a unique USP: the promising cryptocurrency uses a consensus mechanism called Lachesis, designed from scratch.
According to information, it is significantly more secure and faster than ordinary proof-of-stake blockchains (such as Cardano). This puts Fantom in competition with the second most valuable cryptocurrency of all, Ethereum.
So the question remains: which price could Fantom Coin (FTM) reach, and what do forecasts predict? There is a trend here: All predictions for Fantom expect the cryptocurrency to outperform.
At the moment, after daily losses of 2.75%, FTM is trading at $1.97. Gov.capital, for instance, is expecting Fantom to rise to $3.32 in the coming months, and Walletinvestor.com even expects it to move to $4.67. That corresponds to a return of 74 or 145% in 2022 alone. By 2027, Fantom could even reach $15.50, the forecast says. Or, put another way, +713%.
Lucky Block Coin (LBLOCK)
A candidate for a price explosion in 2022 is Lucky Block Coin (LBLOCK). While the new cryptocurrency has only been trading on the open market for a short time, it has already made a splash with solid price action: it had a recent 766% rally, and there has also been movement in the LBLOCK price again during the recent days.
The Lucky Block Coin continues to develop positively. The presale was sold out much earlier than expected, so the listing on PancakeSwap was brought forward.
The planned listings on the crypto exchanges Crypto.com and FTX.com could lead to further price jumps. Furthermore, the team said they are working at full speed on the listing on the world’s largest crypto exchange Binance.com – which is like a kind of accolade for any cryptocurrency.
Holders of LBLOCK potentially benefit from each additional listing, as the coin is exposed to a larger pool of buyers in that case. Factors like these make Lucky Block Coin (LBLOCK) a cryptocurrency that could explode in 2022.
Chainlink (LINK)
Chainlink has been among the 50 most valuable coins in the world for quite some time now. However, cryptocurrency faced a correction during the last few days – like most assets.
Over the long term, Chainlink could become one of the big surprise winners. After all, the project only announced in December last year that it had won over none other than ex-Google CEO Eric Schmidt as an advisor!
That is bullish for LINK because it additionally legitimizes the coin. As Chainlink had a relatively weak 2021, the great price explosion could now occur in 2022. Chainlink’s application purpose also supports this.
The Chainlink is a decentralized Oracle solution based on the Ethereum blockchain. The background of the Oracle solution is that Chainlink makes it possible to convert external data (e.g. price feeds) into Blockchain-compatible data. This way, these can be used in smart contracts. This provides strong practical relevance – and potentially huge price jumps.
