Michael Sonnenshein, CEO of Grayscale Investments, shares 5 crypto currency trends that can be the engine of 2022. In a new report for investors, Sonnenshein states that the cryptocurrency economy and ecosystem is still in its early stages. In this text, Cryptocoin. com
Let’s take a look at Sonnenshein’s 2022 first half analysis, which we compiled as .
Michael Sonnenshein shares 5 potential cryptocurrency trends
The famous CEO advises investors to closely follow the development of crypto infrastructures in the new year:
As the crypto economy and current financial markets become increasingly intertwined, these are likely to provide some of the most attractive long-term investment opportunities, and Grayscale is laser-focused on identifying and providing seamless, early access to the protocols that form the backbone.
Sonnenshein also adds that with the proliferation of new cryptocurrencies and protocols, ranking is getting harder:
As we have done since 2013, we will continue to identify the most attractive opportunities focusing on both specific tokens and more diverse and thematic funds and expand our offerings accordingly.
Web3 and NFTs among 2022 trends
The Grayscale executive predicts that Web3-focused altcoin projects offer high return potentials throughout this year and will see “empowered mainstream discovery and adoption” in the coming period. He also believes that NFTs, which lie at the heart of metaverse projects, will continue to evolve into 2022:
Expect to see even greater blending of the physical and digital worlds, particularly around topics such as authenticity, origin, ownership and more, and in industries such as fashion, music, gaming, real estate and ticketing. Our team pays a lot of attention to the development of NFTs.
Finally, Sonnenshein concludes that the regulatory framework and policy makers are currently more engaged with crypto than ever before:
This allows the conversation how these new technologies can evolve when provided with appropriate regulatory frameworks, keep crypto companies in the US and set a global standard for crypto regulation.