While Bitcoin has been one of the hottest cryptocurrencies of the past several years, it is by no means the only bullish crypto to look out for in 2022. The founder of Bitwise Asset Management recently predicted that Bitcoin will reach a value of $250,000 by 2022. The cryptocurrency market has had a rough run in recent months, and while the drop is hard news247 com on those who are just getting into crypto, it is a worthwhile investment for those who have been in it for a while.
Some of the most bullish cryptocurrencies for 2022 are already rising in price. Binance Coin is an excellent example. Binance is the largest and most liquid exchange in the world, and it burns excess Binance coins on a regular basis. Binance is a very resilient altcoin, which adjusts quickly to fluctuations in the market. Binance is currently trading at around $1,500, and it is expected to hit $1000 by 2025.
ETH has lost some of its enthusiasm since the January report, when it was predicted to hit $6,500. Now, the panel is predicting $5,783, which is 12% lower than the previous forecast. This means that ETH will reach $11,764 by 2022 and $23,372 by 2030. Keegan Francis, global Worldnewsite cryptocurrency editor at Finder, has predicted $5,000 for ETH and still sees it staying around.