Ethereum, Shiba Inu, Avalanche, Polkadot 2022 Price Predictions

by Analytics Insight
January 10 2022

Predict the prices of Ethereum (ETH), Shiba Inu (SHIBA), Avalanche (AVA), Polkadot (DOT), and EGC.

Ethereum (ETH)

Ethereum, the world’s second largest cryptocurrency, has slipped to a market capitalization of $367 billion after seeing a return of 400% in 2021. 2021 was a tough year for the project, which sits at about 50% of the value of its main competitor and the world’s largest cryptocurrency, Bitcoin.

Ethereum secretly split its chain 5 months ago, due to a bug affecting network security. It also continues to frustrate users because the transfers are slow and the fees are too high.

With all this negativity, he Ethereum Worth buying and what is the Ethereum price prediction for 2022?

The short answer is yes, because Ethereum 2.0 is expected to solve these issues, and that could drive the project up to 100% in 2022, bringing them as close to Bitcoin in valuation as we’ve ever seen.

Shiba Inu (sheep)

Shiba Inu It has also fallen in recent weeks, from valuations of over $18 billion to $15 billion. This still makes a meme coin created to exploit Elon Musk’s love for a particular breed of dog, as valuable as global brands like LG and Puma.

An investment in January 2021 would have brought back unimaginable growth, turning $100 into more than $50,000,000 over the course of the year. Can this coin do the unthinkable again, and what is the Shiba Inu price prediction for 2022?

With popular price prediction website forecasting $0.0001 over the next 12 months, Shiba Inu investors can still see returns of over 300% this year.

EverGrow (EGC)

EverGrow is the latest project on our list. Given its low market value, seasoned team, leading contract and most enviable roadmap in the crypto space, it’s no surprise that many analysts have pointed to EverGrow as the big hack project of 2022.

In just 3 months, with very little fanfare, marketing or actual presentation, the venture grew to 125,000 holders, and distributed over $32,000,000 in rewards to coin holders.

Price expectations vary widely among analysts for evergrow , but the majority are incredibly optimistic, seeing anything from 1,000% to 10,000% returns over the next 12 months. New projects can carry a degree of risk, but with a lower market value compared to the other project we’re looking at today, EverGrow will likely be the best investment for 2022.

Polkadot ($DOT)

Polkadot, a direct competitor to the Ethereum blockchain, was launched 5 years ago. The price has fallen sharply since November 2021, which may provide a real investment opportunity. Polkadot’s technology means that developers can create a blockchain, and when transfers are made between blockchains, the original Polkat$DOT token is used to pay the fee. With Polkadot valued at $25 billion against Ethereum at $367 billion, many analysts have very bullish forecasts for Polkadot prices for 2022.

Like EverGrow, expectations vary widely, but are generally upward. 1000% returns are the best, but we wouldn’t rule it out completely.

Avalanche (Afax)

The avalanche saw some serious price moves towards the end of 2021, thanks in part to Deloitte’s announcement of a partnership project to be built on the Avalanche blockchain. . thinks Avalanche It will continue to rise, with the avalanche price forecast in 2022 at $275.

With avalanche currently only $80, this could mean returns of over 240% for avalanche investors in 2022.

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Insight Analytics

Analytics Insight is an influencer platform dedicated to insights, trends, and insights from the world of data-driven technologies. It monitors the developments, recognition, and achievements of AI companies, big data, and analytics around the world.

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