What cryptocurrency to buy right now? Polkadot (DOT), Dogecoin (DOGE) & Shiba Inu (SHIB) Reviews 2022





In the financial world, institutional investors represent large sums of money. With approximately $100 trillion in assets under management, buying and selling them can have a huge impact on asset prices. And, more recently, these powerful financial institutions have developed an interest in cryptocurrencies. According to a study by Fidelity, 52% of institutional investors already own digital assets and 71% intend to do so in the future.

Decentralized finance (DeFi) is also gaining popularity. By allowing individuals to borrow, lend, and earn interest without the help of banks, DeFi products reduce the cost, efficiency, and accessibility of financial services. It’s no surprise that this value proposition has driven rapid adoption, with DeFi investments growing over 1,200% to $253 billion last year.

Given these trends, it makes sense to allocate some of your portfolio to cryptocurrencies. And although there are thousands of crypto-assets and dozens of them seem like worthwhile investments. Overview of the best cryptocurrencies to buy right now to invest.

Peas

Polkadot is an ecosystem that aims to facilitate communication between different blockchains (like Bitcoin and Ethereum) in the cryptocurrency industry. It is one of many rival blockchains to Ethereum (ETH). Its native cryptocurrency, DOT, is the native cryptocurrency of the network.

Medium Term DOT Price Prediction

Polkadot price is relatively low and the downward correction should soon stop for the upside to resume.

Long Term DOT Price Prediction

In the long term, the Polkadot should reach $1000 if its adoption goes as planned. JPMorgan has banked on 2022 being the year of blockchain bridges like Polkadot.

Conclusion of our Polkadot review

Polkadot is one of the most important cryptocurrencies in the cryptocurrency sphere. It is in the top 10 of CoinMarketCap while its adoption is not yet massive. You can still be an early investor in this technology.

Dogecoin

The Dogecoin is the largest memecoin, that is to say a cryptocurrency created to allude to a meme, therefore having no utility functionality. However, this cryptocurrency has grown exponentially in 2021 and has remained in the top 10 of the Coinmarketcap ranking for several months. It is therefore an interesting investment vehicle.

Medium Term DOGE Price Prediction

Dogecoin (DOGE/USD) could hold above $0.2.

Long Term DOGE Price Prediction

We should no longer hope for an astronomical increase in the DOGE. The price is now stabilizing and remains a good asset for the trade interval.

Conclusion of our Dogecoin review

Dogecoin is on the decline despite support from Elon Musk and Tesla. Unlike Bitcoin, DOGE will likely be overtaken in capitalization by utility memecoins.

shiba inus

The year 2021 has seen the rise of memecoins like Dogecoin and Shiba Inu. The latter was launched to challenge the Dogecoin. The capitalization of SHIB is growing more and more and could exceed that of DOGE in the coming months.

Medium Term SHIB Price Prediction

Shiba Inu has come down to attractive prices and has more rebounding ability than Dogecoin.

Long Term SHIB Price Prediction

The Shiba Inu lacks a adoption of big companies or celebrities to make the cryptocurrency perform again exceptionally.

Conclusion of our Shiba Inu review

There’s more to the Shiba Inu than just the meme and that’s a good thing. On the same subject : Crypto Decentraland (MANA): should you buy MANA? Opinion, analysis and prediction 2022. His prominent projects make cryptocurrency remain promising.

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Almaye
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