Cryptocurrency trends to watch out for in 2022

November 08, 2021 03:06 PM GMT | By Team Kalkine Media

Coins like Aave, Solana, and Chainlink have seen as a bull run in the second half of 2021, and are expected to consolidate further in 2022.

*As a result, Bitcoin may experience depreciation in its value for a short period of time. This could also push the prices of the altcoins up, triggering another stronger bull run for them.

*With countries exploring the opportunities to launch their own CBDCs, 2022 could well be the golden year many countries experimenting with their own versions of digital currencies.

*The central bank-backed digital currencies have been in talks for quite some time now. China could well take the lead with the launch of its Digital Yen in 2022.

*Other trends we might see next year include the usage of fiat transactions becoming obsolete, reduction in the number of crypto frauds, and Regulators & crypto participants both sharing similar sentiments.


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