Crypto trader Lark Davis highlighted Ethereum (ETH) and two altcoins among the best investment options for 2022.
Davis has revealed to his 475,000 YouTube subscribers cryptocurrencies that could generate massive revenue in the coming year.
Dealing with ETH in the first place, the analyst predicts that the largest altcoin can reach a five-digit value in 2022.
Ethereum is trading at $4,083 at the time of writing.
According to Davis, several catalysts can increase the value of Ethereum.
Ethereum supply is currently 118.87 million.
Another altcoin that Lark mentioned is the scalable blockchain platform Elrond (EGLD). According to Davis, factors contributing to Elrond’s rise include the launch of Maiar, which is similar to decentralized exchange Uniswap. With the launch of Maiar, the increased activity on the blockchain stands out.
Elrond is trading at $ 255.53 at the time of writing.
The trader also has a scaling solution Polygon (MATIC) for Ethereum, another altcoin.
Polygon is trading at $2.59 at the time of writing.