Binance Coin Price Prediction and Top 10 Cryptocurrencies in 2022
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2021 is an eventful year for the crypto market, with the overall value of cryptocurrencies skyrocketing to $3 trillion. Binance coin (BNB) of the world’s largest cryptocurrency exchange, up 1300%. Industry experts have made price predictions for Binance coin and 10 other notable cryptocurrencies. Follow the article for more details.
Bitcoin, the world’s most valuable cryptocurrency, has a number of supporting factors, including wider acceptance from traditional companies and growing demand from Bitcoin ETFs.
Many analysts believe that the price of Bitcoin will reach 100,000 USD in the first quarter of 2022. However, some experts believe that this goal will not be achieved until the end of 2023.
A few are more cautious, predicting that the Bitcoin price will only reach $70,000 by the end of 2022.
Ethereum has had certain successes in 2021. Especially after the ETH 2.0 upgrade was announced to launch. The value of ETH has skyrocketed.
Analysts predict the price of ETH could reach $6,000 by year-end as ETH’s upgrade project continues to roll out.
Billionaire investor Mark Cuban recently said he sees more potential for growth using Ethereum than Bitcoin. He hopes there’s a long-awaited 2.0 upgrade that will spur the development of cryptocurrencies other than bitcoin.
Binance Coin Price Prediction (BNB)
Binance Coin (BNB) has come a long way since its modest launch in summer 2017. This coin was developed and designed specifically for use within the Binance ecosystem, offering rebates. to encourage its use. All coins are pre-mined, prior to the initial coin offering (ICO), at $0.10 per BNB.
After 4 years of development. Over $1 billion in daily trading volume makes Binance Coin one of the most popular coins today.
Experts predict that Binance can cross the $1,000 mark by the end of 2022.
Solana is a cryptocurrency that has grown significantly over the past few years. If we look at the price of Solana, we see that it has increased by a significant percentage.
After a rather slow rise in June and July, its value broke out in mid-August and continued to rise until mid-September.
By 2022, experts predict that the price of SOL could become more stable and reach $300 or even $400.
Back in 2020, some analysts were predicting the reason behind DOGE’s sudden rise and, therefore claimed DOGE is a worthy long-term investment.
As for 2022, the crypto is estimated to top $0.27 by the end of this year and reach $0.3 towards the year’s beginning.
Shiba Inu (SHIB)
SHIB jumped in May but was quickly pushed down by DOGE.
However, in June this year, crypto started clearing its path to the top.
According to some experts, SHIB is expected to reach $0.00007698 by June 2022, and reach $0.00008267 by the end of the year.
Experts argue the average price of LUNA might cross the $105 mark by 2022, with a maximum price value of more than US$120.
The ADA token grew by approximately 600% from year to date.
Many market analysts believe its price to cross the $2.00 during the first quarter of 2022 and climb up to $3.00.
Technical analysis shows that DOT prices may jump as its creators are developing their own blockchain platform and clearing a path for it to get enlisted in the major cryptocurrency exchanges around the world, taking prices up to $60.00.
Marcus Sotiriou, an analyst at UK based digital asset broker GlobalBlock said the best-performing layer 1 altcoin in 2022 could be Cosmos (ATOM), due to having significant adoption from major assets currently, like Binance Chain, OkEx, Crypto.com, Terra (LUNA,) Binance Chain (BNB), Crypto.com (CRO), OKEx Chain (OKEx) and Thorchain (RUNE).
AVAX technical analysis and price prediction reveal that in 2022 the coin might cross an average of $130 mark.
Steve Ehrlich, CEO of cryptocurrency platform Voyager Digital said the markets are just now beginning to notice the scale, speed, and efficiency is already present and flourishing with Avalanche.
“As other platforms grapple with scaling up, there will be investors and users that will flock to platforms that can handle the throughput,” he added.
Cryptocurrency predictions for 2022 could be driven by the adoption of new applications and the underlying Blockchain infrastructure they use.
However, people need to research carefully before deciding to invest. Because past performance is no guarantee of future profits.
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