In the last few months, Bitcoin and other altcoins have fallen sharply. There were a few reasons for this in the last few weeks:

• The discovery of the new virus variant in December 2021 caused extreme damage to the market.
• Due to the strong inflation, the central banks want to raise the key interest rates, which reduces the risk appetite of investors.
• The war in Ukraine caused prices to fall worldwide, which also hurt cryptocurrencies.

In the last 3 months, there have been heavy losses in the cryptocurrency market.

On the other hand, there are signs that Bitcoin and other cryptocurrencies could rise again.

• With a possible end to the war in Ukraine or at least an easing of the situation, the global markets should rise again and thus the cryptocurrencies should rise again.
• The pandemic is coming to an end, which should also push markets higher.
• Bitcoin network fundamentals such as hash rate and blockchain activity are increasing. These are signs of a bull market as external factors weaken.
• The adaptation of the blockchain is progressing, which should give Altcoins a boost after the correction.
• The great parabolic bull run that occurred in the crypto market in late 2013 and 2017 failed to materialize in late 2021. According to the theory of the extended Bitcoin cycles, this could now follow in 2022.

Cardano’s ADA token, like almost all other cryptocurrencies, has lost a lot of value in the last 3 months. Cardano experienced an excellent run in the late summer of 2021, which brought the cryptocurrency to 3rd place by market capitalization. But now the ADA course is only at 0.79 US dollars. 

Cardano is perhaps the most technically sophisticated blockchain on the crypto market. It combines technical brilliance with fast transaction speeds and smart contract functions. This means that the Cardano blockchain can form the basis of decentralized financial products (DeFi) and non-fungible tokens (NFTs). Cardano is referred to as the "Ethereum killer" and is further developed according to scientific principles. In 2022, Cardano could make another big leap due to the Basho development phase, which should massively increase scalability.

Polkadot is another blockchain that has been quiet for the past few months due to sharp rises in cryptocurrencies like Solana and Terra and the sharp correction. The DOT token is the 11th cryptocurrency by market capitalization. Polkadot has enormous potential as a network.

Polkadot has plans to become the "Internet of Blockchains". What is special about the blockchain are the so-called “parachains”, which can create connections between different blockchain networks. As a result, Polkadot represents interoperability between the most important blockchains, which could bring a revolution in the crypto market and in the Web 3.0 project in the future. 

Terra (LUNA) is one of the most interesting cryptocurrencies on the market. In the Terra Network, the price stability of stablecoins is ensured by algorithms. This makes these stablecoins independent from physical currency backing. Terra wants to build a flourishing ecosystem on this premise.

The platform's native token is known as LUNA. The LUNA token ensures the price stability of the stablecoins. However, as a “real” cryptocurrency, LUNA can increase in price over time, which makes an investment interesting. With its innovative concept, Terra is making great progress in the DeFi sector and, according to “Total locked value” at DeFi, is now number 2 behind Ethereum. Therefore, Terra (LUNA) is one of the most promising cryptocurrencies in 2022.

Those Altcoins to Buy are available on crypto exchanges such as  Coinbase  and  Kraken  .

The recovery phase for cryptocurrencies is imminent. While Bitcoin managed to hold its ground above the 40K price level, many altcoins started to increase again in prices. This past week was a green one for cryptocurrencies. On the other hand, not all cryptos increased by the same percentage. Some altcoins barely recovered, while others soared higher and made double-digit performances. Is it still relevant to Buy Bitcoin while other Altcoins made higher gains? Let's see what is currently happening in the crypto market.

If we look at the overall market capitalization of cryptocurrencies, we can clearly see a green candle for the past 7 days. This candle happens to occur on the USD 2 Trillion valuation, and at the same time on the average uptrend line. This small retracement was bound to happen, as the downtrend has been happening since November 2021. The selling pressure seems to have slowed down.

We cannot confirm yet the end of the downtrend, but we can confirm a slight reversal. If prices manage to remain above this average uptrend, there is a high chance that the crypto market will continue upwards around February 2022.

When people talk about "Altcoin Season", they often refer to the fact that Altcoins are increasing at a higher pace than BItcoin. Earlier in the crypto days, Bitcoin was the leading cryptocurrency and moved the entire market with its price-action. Today, on the other hand, that is not the case anymore. While it is true that Bitcoin still has a big effect on the crypto market trend, some Altcoins seem to have detached from the Bitcoin chain.

The Bitcoin dominance has dropped in this past week to 39.5%. This comes at a time where Bitcoin's price barely increased in the past week, while altcoins such as ADA, LUNA, and DOGE increased respectively by 18%, 20%, and 21%. Looking at the crypto market cap excluding BTC shows a bigger performance of almost 17%, compared to only 15% when taking BTC into account. This proves that adding BTC to the equation made the overall crypto market drag lower.

Bitcoin prices reached a very strong support price area. The 40K level is not only a strong psychological price, but this is also where big companies entered the crypto market and purchased Bitcoins. There will be a strong resistance to falling prices around this price.

In order to confirm a trend reversal, we need to see Bitcoin price recover higher than the 50K psychological price. In fact, this is also where the Fibonacci retracement level of 38.2% coincides. Once we see BTC prices above 50K, not only will the entire crypto market boost along, but the trend will turn and start a new uptrend in 2022.

-----> Click here to Buy Bitcoins <-----

In the past week, most cryptocurrencies seem to have slightly recovered, with the exception of a few outliers from both ends. Here is an updated list of the top 10 cryptocurrencies by market cap:

1- Bitcoin (BTC) : + 2.80%

2- Ether (ETH) : + 5.99 %

3- Binance Coin (BNB): + 13.85 % (surpassing USDT)

4- Tether (USDT) : 0 % 

5- Solana (SOL) : + 5.61 % 

6- Cardano (ADA) : + 19.13 % (surpassing USDC) 

7- USD Coin (USDC) : + 0 %

8- Ripple (XRP) : + 3.74 %

9- Terra (LUNA) : + 18.62 %

10- Polkadot (DOT): + 13.24 %

Stay Ahead, Stay Updated
Rudy Fares

You can purchase these altcoins and bitcoin on crypto exchanges  Binance ,  Coinbase ,  Kraken ,  and  Bitfinex.

Many cryptocurrencies have greatly appreciated in value in 2021. But a massive gain in value in a bull market also carries the risk that the value can quickly fall massively again if the expectations fall short. Let's talk about 3 cryptos, with whom you should be particularly careful.

Solana was an extremely impressive phenomenon in the fall. The network impressed numerous investors with its high transaction speeds and excellent scalability. So Solana also depended on the original "Ethereum killer" Cardano. Even if the network crashed in mid-September, investors did not get discouraged.

However, in 2022, Solana could be one of the cryptocurrencies that do not live up to its hype and will lose a lot of its value. The hype about Solana was reminiscent of the same about IOTA at the end of 2017. IOTA also promised to turn the crypto market inside out with revolutionary blockchain technology. However, expectations did not meet there either. Solana is built on a lot of hype and the competition for Cardano and Avalanche never sleeps.

Meme Coins are always cryptocurrencies that are particularly volatile. The insane price increases in recent months were based on numerous campaigns via social media influencers, support from powerhouses like Elon Musk, and a certain amount of independence for a dog meme.

Of course, like the Dogecoin, Shiba Inu now has a use and the DOGE example shows that meme coins can also stay at the top in the long term. Nevertheless, it is important to be very careful after such hype. A massive drop in Shiba's price would not be uncommon in a bear market. 

Axie Infinity is now played by millions of people around the world. Blockchain-based gaming and battling games are even considered a serious source of income for numerous people in developing countries. The extreme growth in the user base and the hype surrounding the metaverse made the value of the token skyrocket.

Cryptocurrencies that play a certain hype topic (decentralized gaming and NFTs) threaten to lose value again and again as the hype subsides. The sheer number of players (2.5 million in the last 30 days) speak against it. If trends change in the long term, there are more broadly adapted solutions on the market. A sharp drop in price in the next year is quite conceivable.

Do you love the risk and still want to purchase these cryptos? This is possible on the following exchanges:  Binance,  Coinbase,  Kraken, and Bitfinex.

Metaverse! We are sure that people have been reading about this alternate reality for a while now – a distributed augmented/virtual internet of existences that will maintain all people connected. This post is all about the top 3 Metaverse crypto projects to invest in 2022. Well, let’s take a look at the top 3 Metaverse tokens.

It is the second most senior virtual real estate project (after old Etheria) – Decentraland. It is a digital Metaverse platform that permits users to build and partake in virtual reality. The users can buy properties of land (non-fungible individual digital assets) that they can create. It contains the history of the site, landlord, content depiction, and access management. Also, they can create and monetize investments.

Decentraland functions on the Ethereum blockchain. MANA is the born ERC-20 utility token, yet, the ERC-71 Non Fungible Tokens (NFTs) traditional token LAND is utilized to describe land license and transfers. The Decentraland DAO carries essential smart contracts and assets that create Decentraland – the lands, properties, wearable, servers, and the market. It also contains a huge number of MANA tokens that permit independent operation, condition of the grant, regular process, etc. In one year, the MANA price has increased by almost 3464%.

The users have complete control of the procedures and choosing the functioning of their digital assets, on the platform. The community can select the guideline update, prospective LAND auctions, specifying the NFT contracts authorized, builder and marketplace, etc. In short, they can select, whatever they like to select. The governance instrument is created in and supported by Aragon.

The Ethereum-based Sandbox is a blockchain dependant virtual planet, where users can purchase, trade, or even build their private digital assets. It produces the ideal background, containing online venture, decentralization, and gaming. It strives to deliver blockchain technology to the people by luring gamers and developers alike, connecting play-to-earn and NFT based economizing. The utility token is named SAND. It is utilized for transactions on the platform and handling decentralized management.

As mentioned earlier, Sandbox is a virtual world that operates on the blockchain. This can be accomplished only because of Decentralized autonomous organizations (DAO) and Non-Fungible Tokens (NFTs). Sandbox created a wide online experience, joining decentralization and gaming. In one year, the SAND price has increased by almost 9,863%.

Axie Infinity is a popular play-to-earn game that operates on the Ethereum side chain Ronin. The participants can gain by contesting in PVP matches, producing Axies and marketing them to the marketplace, or gathering rare Axies.

Axie Infinity utilizes a dual token system like many Metaverse projects Smooth Love Potion (SLPs) which permit users to generate Axies or the more generally understood AXS – required for management and gain a percentage of the platform fees. In Axie Infinity, participants utilize action cards to control what activity their Axies will be accomplishing for that turn. It is very near to the Pokemon game. The game is rising massively and delivers a lifeline to numerous people in developing countries to earn their living. It is possible to maintain the top rank in top Metaverse tokens, for quite a while. In one year, the AXIE price has increased by almost 15,198%. 

The crypto market is diverse and provides massive earning opportunities to traders across all the industries in it. Although most traders have familiarized themselves with the centralized market, the decentralized finance market brings a whole new twist. With peer to peer system becoming one of the go-to options, the DeFi market, as it is fondly called, provides clients with this opportunity. This is because traders can earn fortunes through different protocols in the sector carrying out activities like staking and the likes. In this article, we will be looking at the top 5 decentralized finance tokens to watch out for as we approach 2022.

With most traders relying on the digital market to make profits, the decentralized finance (DeFi) sector avails them with the tools to carry out their activities through a peer-to-peer system. By deploying smart contracts, traders are able to carry out their buying and selling activities on protocols. The main reason traders communicate with smart contracts is that the sector thrives without the need for a third party. Unlike a centralized exchange that uses a financial third party to facilitate transactions, traders do not need them when carrying out transactions on the blockchain.

With the world of decentralized finance (DeFi) getting bigger as the day rolls by, there are a bunch of tokens entering the space. However, traders who intend to make profits cannot just pick a token to trade that is why we have made this list of the top 5 tokens to watch out for.

Launched in 2017, Aave was one of the first few platforms to make its way into the DeFi market. Aave works as a liquidity platform that allows traders to borrow assets and reward traders for lending assets. The decentralized protocols match lenders with borrowers in the market as it aims to provide equal space for traders. Traders who intend to make profits on the protocol can stake AAVE, the native token of the platform. Also, holders of its native token can have a say in the changes made on the platform. Presently, AAVE is trading at $233, seeing a loss of 1.20%. The token has a market cap of $3,120,434,867 with a 24 hours trading volume of $217,259,821.

Launching its mainnet in 2020, Avalanche is a blockchain on Layer 1 where decentralized applications are built. Although Ethereum is by far the biggest and most used network in the DeFi sector, Avalanche is aiming for its spot. To do this, Avalanche intends to carry out up to 6,500 every second without any scalability issues. In actualizing this, the developers deployed three chains; X, P, and C chains. This approach is different from other blockchains because the three chains work together to validate transactions. To make profits from Avalanche, traders can stake their token, AVAX, which is used to ensure the platform is secure. AVAX is presently trading at $113, with a 24 hour gain of 4.90%. The coin has a market cap of $25,303,198,028 and a 24 hour trading volume of $1,256,780,409.

Cardano was designed off the back of bringing global change through visionaries and innovators. Developed in 2017, the network is a proof of stake blockchain that intends to provide an ecosystem that is secure, fair, and open. Its native token, ADA, allows holders who hold it to decide changes on the ecosystem. With this, they can vote on any change that is proposed on the platform. Cardano is presently trading at $1.5, seeing a 1.01% fall in the past 24 hours. It has a trading volume of $1,607,851,868 and a market cap of $51,689,872,204.

Chainlink is a decentralized oracle system that bridges smart contracts with live data using its oracle technology. The platform recently deployed a bridge that will help different DeFi blockchains have better communication. With this, various projects will increase their scalability and avoid issues that earlier blockchains have suffered. Chainlink is having an enjoyable period in the market, having gone up by 2.20% in the last 24 hours to trade at $24. Ranked #20 on CoinMarketCap, the token has a market cap of $11,613,396,477 and a 24 hours trading volume of $792,297,831.

Polkadot helps different blockchains share information using a trustless system brought about by its Polkadot relay chain. With this, projects built on the chain enjoy a faster speed coupled with massive scalability. Polkadot has been seen as a big rival for Ethereum in the DeFi, as it had always battled with issues regarding speed and congestion. With more projects hoping on the chain, it continues to enjoy massive growth and adoption. DOT is presently ranked #9 on CoinMarketCap, trading up at 6.31% with a price of $37.17. Its market cap is $36,652,959,436 with its trading volume about $1,278,588,734 in the last 24 hours.

The decentralized finance (DeFi) sector is currently undergoing one of the best times in the market. With this, more traders and entities are flocking into the sector, trying to leverage it for profits. With funds raised in the sector, a massive amount of financial products have debuted in the sector through different protocols. The tokens above show massive potential and are primed to push further upward with great adoption. However, you should know that things change drastically in the DeFi sector, and you need great research. The research will tell you what the next step is about any token that you intend to trade.