When it comes to investing in the cryptocurrency market, Bitcoin is probably the first thing that comes to mind. This is basically what started the whole cryptocurrency market and still many people think they can make huge profits. However, the year 2022 did not go well for the cryptocurrency market and it also affected Bitcoin.
In this article, we will talk about Bitcoin price predictions and whether it can bounce back from recent losses. In addition, we will look at the hottest altcoins of 2022, such as Dash 2 Trade, IMPT, RobotEra, and Calvaria, which are expected to really explode and continue strong in 2022. So let’s begin.
Bitcoin Price Prediction
If we look at the annual price chart of Bitcoin, we can see that it is trading around $50,000 in December 2021. However, in early 2022, things start to fall apart. On January 10, 2022, Bitcoin’s value fell below $42,000, a drop of almost 16% in 10 days. The price of Bitcoin has fluctuated between $30,000 and $40,000 since then.
In May 2022, Bitcoin was trading around $39,000, then suddenly fell to $29,000, fell 25% in a few days, then fluctuated between $29,000 and $31,000. After just one month, bitcoin fell to $19,000 in June 2022 and is hovering between $19,000 and $20,000. As of November 2022, the price dropped to $15,000 and has not gone above $20,000 since then.
Expert opinion
Bitcoin has fallen significantly since the beginning of the year. Let’s see what the experts think about this in the future. However, all these predictions are based on an algorithm, so there is a possibility that they may be inaccurate.
According to CryptoPredictions.com, bitcoin could close at $17,431.30 in 2022, then fall to $17,274.38 in 2023. It is expected that Bitcoin may fall to $16,317.28, $13,701.86 in 2024, and fall below $201.86 on the 28th of 2022. current forecast.
According to PricePrediction, the price of bitcoin for 2030 is expected to reach $394,710.77 from a conservative $18,029.65 in 2022, $27,235.14 in 2023, and $59,773.26 in 2025.
Wallet Investor has predicted that bitcoin prices will fall to $10,111.96 by December 12, 2023, which is quite low.
Other Altcoins Pump Up Faster
The price of Bitcoin is down almost 70% so far this year and it’s not going to get any better anytime soon. In the meantime, you can get nice profits by investing in these altcoins, because they are pumping faster and will be very valuable in 2023. So let’s check them out.
- Dash 2 Trade (D2T)
- IMPT
- RobotEra (TARO)
- Calvary (RIA)
- Cosmos (ATOM)
1. Dash 2 Trade (D2T)
Dash 2 Trade is a revolutionary platform packed with tons of data-driven features that has garnered millions since launch. The goal of the project is to provide valuable insights and tools to traders, regardless of their level, to improve their trading experience.
Dash 2 Trade offers many unique features including crypto trading signals, forecasts and social analytics. You can also use the strategy builder tool to see how easy it is to navigate the markets, as well as many other features. All these features will be available in a prominent dashboard that will be available in beta next year.
Also announced on Wednesday, December 7: Top cryptocurrency exchange Changelly Pro will list D2T tokens after the pre-sale ends. With BitMart and LBank also listing D2T, there will be a total of three exchanges listing the coin. Next year, D2T is sure to increase its token prices.
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2. IMPT
IMPT is another top performing cryptocurrency that is poised to explode by 2023. Just three months after its IPO, IMPT has raised $20 million in funding, showing just how big the eco-friendly market will be in the future. IMPT is now ready to be listed on top exchanges including Uniswap, LBank and Changelly Pro.
Essentially, IMPT converts carbon credits into NFTs that can be traded in specialized markets or held as investments over time to help fight climate change. These IMPT tokens can be obtained by making purchases through affiliates and can then be converted into carbon credits.
Many big names will be offering IMPT tokens, such as Samsung, Microsoft, Amazon and LEGO. As a shopper, these green stores donate more of their profits to environmental causes.
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3. RobotEra (TARO)
RobotEra is one of the most talked about cryptocurrencies due to its huge demand, even though it is still for sale. It’s a sandbox-style metaverse where you can rebuild planets, and many NFT communities can tap into it.
RobotEra’s P2E gaming model offers a lot of earning potential, which makes it possible to acquire the platform’s utility token, TARO. With RobotEra, it is possible to trade NFTs, stake tokens, participate in events, manage their lands and profit from their market.
This RobotEra presale is not to be missed. There is already a lot of interest from big investors who are constantly looking for good crypto projects to work on, which means there will be a boom in 2023.
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4. Calvary (RIA)
The Calvaria trading card game puts you in the middle of a fantasy world where three factions fight for supremacy. Once you join a faction, you can build their deck. You can win prizes by competing with other players.
Calvaria’s native token, RIA, can be used to purchase these trading cards. Due to its ERC-20 status, it can be transferred between wallets compatible with the protocol. In addition, Calvaria’s autonomous organization allows you to distribute these tokens for higher profits.
Calvaria’s pre-sale has been quite successful and is currently in high demand. This NFT game is not to be missed. Get RIA tokens now.
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5. Space (ATOM)
Space is revolutionizing interoperability with blockchain, bringing modern finance to the masses. Using this, developers can build highly specialized blockchains that can be used in all kinds of new ways across multiple industries. The platform enables smooth chain transactions without the involvement of third parties. With this network, people can access blockchain services from anywhere at any time.
The Cosmos blockchain will connect blockchain technology more than ever before, ultimately revolutionizing the industry. Developers can create distributed applications with less effort thanks to this platform. In addition, users will have greater convenience in interacting with decentralized applications thanks to the connection between networks.
The result
Although Bitcoin is currently the largest cryptocurrency, its value has fallen significantly. Therefore, investing in other altcoins like Dash 2 Trade, IMPT, RobotEra and Calvaria would be a great option for you as these cryptocurrencies have great sales and some of them are already confirmed to be listed on major exchanges.