Popular Youtube channel Cheeky Crypto analyst shared 5 altcoin projects targeting 2022. In this list of altcoin giants, you can find long-term rates of return and details of projects.
Analyst selected these 5 altcoin projects for 2022
First on the list, Polygon, formerly known as Matic Network, is a scalability platform and framework for connecting and building Ethereum-compatible Blockchain networks. The analyst says he has been following MATIC since $0.02 on November 8, 2020. MATIC has confirmed many opportunities, reaching $2.62 from that date. So when it comes to opportunities, the analyst places Polygon (MATIC) first.
The second altcoin, Harmony (ONE), is known for its high transaction speed. Runs Ethereum applications on the Mainnet with 2 seconds of transaction accuracy and 1000x lower fees. Harmony is an open source platform for assets, collections, identity and governance. The analyst points out that ONE has reached just over $0.25 in less than $0.004185 on October 18. It can be followed closely in 2022 for potential altcoins.
The third is Ethereum, which is popular with everyone. An investment of $1,000 from $181,119 on October 7 is currently equivalent to $22,500. According to the analyst, ETH has seen tremendous growth and could more than double that.
The next altcoin is Chilliz (CHZ). Chiliz is a cryptocurrency that allows sports fans to have unique experiences with their favorite teams. Inspired by socials, Chiliz leverages blockchain technology to enable a new kind of direct interaction between fans and their favorite sports teams. CHZ hit the dollar at the time of writing, from $0.02 on December 20. This represents strong potentials, according to the analyst.
Cryptocoin. com is the last project in the list that we have transferred to Elrond. EGLD is a Blockchain protocol that aims to offer extremely fast transaction speeds using sharding. The project describes itself as a technology ecosystem for the new internet that includes fintech, DeFi, and the Internet of Things. The smart contract execution platform reportedly has 15,000 transactions per second, six seconds of delay, and transaction costs of $0.001. At the time of writing, EGLD is priced at more than $250, which represents an 18x valuation from December 11, 2020.