Bitcoin...celebrations again? Well, wasn’t 2021 sort of a moon launch? I think so. It hit all-time highs despite all the “legends” saying it’s a worthless seashell for tech dorks. Wrong! Hey, it’s not $68,000, but it’ll get there again. Right? “Bitcoin will reach at least $200,000 by 2025,” according to some crypto experts.
“But I am pretty sure we will see it fall to around $20,000 beforehand.” Okay, no panicking. It will get over soon.
What about the rest of the cryptocurrency space? There’s more to this market today than Bitcoin. Cryptocurrency investing is the new stock market. Everybody knows that.
This year was a very interesting one for crypto. We saw trends coming and going very fast — with coins hyped up by influencers like Elon Musk — who gave Dogecoin a lift for a short time before it returned to being a dud coin. There is a lot of pump in the market at the moment. In 2022 we are going to see a little cool down in the market. Only the stronger projects will survive. For the memecoins and other shady projects, I think the air gets a little thinner for them. Also, the regulations will have an impact on DeFi cryptocurrencies, within varying degrees of positives and negatives.
Also Read:
- https://cryptoshiksha.blogspot.com/2021/12/bitcoin-and-ether-have-been-outshined.html
- https://cryptoshiksha.blogspot.com/2021/12/bitcoin-failed-to-hold-overnight-gains.html
- https://cryptoshiksha.blogspot.com/2021/12/japan-introduces-new-restrictions-on.html
- https://cryptoshiksha.blogspot.com/2021/12/swadeshi-jagran-manch-demands-blanket.html
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