If you’re new to the crypto world, I’m going to provide you with a list of cryptocurrencies to watch.
Cryptocurrency has earned early investors millions and even billions of dollars in ROI.
You might be thinking, is it too late to buy crypto? The short answer is absolutely not.
And if you’re not invested in crypto yet, I’m going to leave a link at the end of this article of my step by step guide on how to buy cryptocurrencies.
Welcome to Franknez.com – if you’re part of the Patreon you’ve seen when I add a cryptocurrency to my crypto portfolio. Today I want to talk cryptocurrencies and why these powerful assets will keep on surging.
Let’s get started!
Now, a lot of you might be familiar with Dogecoin, Bitcoin, and Ethereum.
These are some of the most popular cryptocurrencies out there.
Just recently Shiba Inu Coin began trending as well.
These so called ‘speculative’ plays have earned investors gains unlike anything else in the markets.
These are only some powerful crypto plays that are nowhere near done growing primarily because of their communities!
#1. Ethereum (ETH)
Shark Tank star and Dallas Mavericks owner Mark Cuban just said, “as an investment, I think Ethereum has the most upside.”
And he’s not the only one who speculates ETH is in it’s infant stage either.
But before I continue, this article won’t be about the technical side of the cryptocurrencies themselves but rather a worldview of the crypto’s upside as an investment.
How high are analysts predicting Ethereum to go?
“In a recent Forbes article, a panel of crypto experts including Sagi Bakshi and Lex Sokolin predict that ETH could rise as high as $19,842 by 2025 and that by the end of 2022 it could be the most widely transacted cryptocurrency due to its expanding utility in the marketplace”, via Crunchbase.
At the publication date of this article, ETH cryptocurrency is trading close to $3.1k.
Joe McCann, an angel investor and crypto margin trader believes the Ethereum could even reach as high as $50,000.
Ethereum developer and supporter, Anthony Sassano believes ETH can go even higher. Giving it a $150,000 prediction by 2023.
Community, this is insane. In a very very good way.
If we’ve learned anything from AMC and GameStop, it’s that investor sentiment is what drives the markets.
And the crypto community is one of the most bullish investing communities out there.
#2. Bitcoin (BTC)
Bitcoin is probably one of the most if not the most popular cryptocurrencies in the crypto space.
This revolutionary crypto broke the perception of what people ever imagined could become a reality.
To think BTC traded only a few cents during its inception to now trading over $43.8K is astonishing to say the least.
If you’re on the Patreon, you know I bought the dip a few times when Bitcoin was trading around $32k-$38k back in June and July.
Most analysts see Bitcoin reaching $100k per BTC.
In a Forbes panel, the average came to $107K with 1/3 saying Bitcoin will reach more than $120,000.
Capital.com analyst, Mikhail Karkhalev predicts Bitcoin will reach $170,000 by the end of 2022 or early 2023.
CNBC asked Chamath, an early Facebook investor and venture capitalist, how high he thinks Bitcoin will continue to soar earlier this year.
Listen to Chamath’s response below.
“Where is it going? It’s probably going to 100, then 150, then 200 thousand”. Chamath was one of the first people to invest in Bitcoin a decade ago.
You might be thinking, “is it too late for me to invest in Bitcoin?”
The truth is it’s not. See, crypto exchanges allow you to purchase fractions of Bitcoin or any other cryptocurrency.
As cryptocurrencies go up, your investment will go up, even if you’ve only put $100 in the market.
However, for significant ROI you’ll want to have quite a significant amount of money invested.
#3. Cardano (ADA)
Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson.
It’s ties to the Ethereum co-founder have made it a very popular crypto to buy, especially at it’s incredibly low price.
Cardano is currently trading around $1.18 and traded at $0.02 during its inception.
The trader sentiment is extremely strong with more than 99% of investors currently buying this cryptocurrency.
Analysts want to see this coin reach a new all-time high of $4.
Price predictions for ADA vary:
WalletInvestor predicts Cardano cryptocurrency to reach over $14 by the year 2026. However, they predict Cardano to reach $4.50 in one year.
Based on this prediction, buying today could double your profits in one year from now and multiply it by seven in five years.
ADA is a long-term crypto investment. I’m bullish.
#4. Dogecoin (DOGE)
Dogecoin has to be the biggest meme cryptocurrencies in the market. I would consider DOGE to be one of the riskiest too.
Primarily because of the edge other coins have. Other cryptocurrencies are trying to solve real-world problems where as Dogecoin is a community meme.
However, it’s this community that’s allowed DOGE to be an extremely successful cryptocurrency this year.
It has gained a whopping 9000% just from one year alone.
Just like AMC and GameStop show us, communities are everything. Communities have power and I believe that Dogecoin will continue to surge as long as its community of retail investors want it to.
Dogecoin is currently trading around $0.17 and peaked at $0.74 back in May earlier this year.
You might know Mark Cuban and Elon Musk for being two massive supporters of the DOGE community.
Being in the AMC community, I’m very proud of communities and tip my hat to DOGE for what it’s created.
CryptoNewz predicts Dogecoin hover above $1.07 in the year 2022.
Based on this prediction, you could multiply your money by 4 in the short-term.
#5. (What Do You Think?)
What other cryptocurrency or cryptocurrencies at that, should be on this list?
Do you hold any of these on this list? What’s your favorite coin? Let’s have a discussion. Leave a comment below!
- XRP (XRP)
- Shiba Inu Coin (SHIBA)
- Tether (USDT)
- Binance Coin (BNB)
- Polkadot (DOT)
Read: How To Invest In Crypto