Contenders for a place in the top 10 coins and future trends – expert opinions

CONTENT

  • Investors may show interest in national cryptocurrencies

  • New coins may appear in the top 10

  • Stablecoins may become one of the trends of the future

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Bitcoin (BTC), despite a number of positive forecasts, continues to trade at a price significantly below the maximum that the cryptocurrency set at the end of 2017 near the level of $ 20 thousand. At the same time, the behavior of the coin rate can hardly be called stable. From time to time, the sideways movement of BTC is followed by ups and downs.

The top 10 most capitalized coins are also not consistent. The top ten changes periodically. For example, recently, unexpectedly for many members of the crypto community, a token burst into the top.As the use of cryptocurrencies grows, new types of tokens appear. They can represent value or something intangible like voices. Two … More Polkadot.

Against the background of frequent changes in the digital asset market, the editorial staff of BeInCrypto decided to find out what other changes could occur and what investors should expect.. 

One of the first to share his opinion on the issue with us financial analyst TradingView, Inc. Igor Kuchma. The expert believes that in the near future, members of the crypto community may witness the development of the market for digital currencies of central banks (CBDC Paper notes and coins may be a thing of the past due to a new financial instrument – digital currencies of central banks (CBDC). As … More).

“The People’s Bank of China recently said it sees the CBDC race as a new battle between sovereign states. The Italian Banking Association (ABI) also declares that its members are ready to try out the digital version of the euro, ”the analyst explained..

TOP 5 ALTCOINS to 1000X

Read also: How China is developing a digital version of the yuan

Igor Kuchma also drew attention to the development of the Ethereum 2.0 project. More recently, the expert noted, validators have placed about 2 million Goerli test tokens. According to his observations, there are slightly more than 62 thousand active validators. The cryptocurrency itself, meanwhile, continues to try to enter stable growth.

Ethereum chart. Data: TradingView

Contenders for a place in the top 10 coins and future trends - expert opinions

“Speaking about other potential crypto projects, before doing something [investing funds], it is necessary to answer a series of questions: does the project have a future, why does it need a blockchain and does it need its own coin. If the answers satisfy you, it is worth analyzing the team, the tokenomics and the problems the project may face (problems with regulators, hackers, and so on) “, – this investment advice was shared by an analyst at TradingView, Inc.

TradeSanta Manager Julia Gerstein, in turn, believes that further strengthening of stablecoins can be expected next year, amid news about their regulation. For example, USDC, in her opinion, has a chance to get into the top 10 coins..

“ETH, which has risen in price against the backdrop of the DeFi boom, may give way to another project, as interest in DeFi tokens has cooled, despite the launch of a new version of the network,” the expert concluded..

Read also: EU member states urged to tighten regulation of stablecoins

Recall that earlier the BeInCrypto editorial staff compiled a rating of five stablecoins, which can become a full-fledged alternative to the most popular “stablecoin” – Tether (USDT).

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Contenders for a place in the top 10 coins and future trends - expert opinions
Contenders for a place in the top 10 coins and future trends - expert opinions
Contenders for a place in the top 10 coins and future trends - expert opinions
Contenders for a place in the top 10 coins and future trends - expert opinions

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