How Crypto Currencies Will Move In 2022?

The crypto market will enter into a sustained growth phase in 2022. The world is embracing crypto assets at a very fast pace and we need a homogenous regulatory framework for the global crypto industry. We strongly support that countries around the world should adhere to FATF norms to ensure a transparent and investor-friendly crypto ecosystem.

Rise of NFTs

NFTs will be an exciting space to watch. We can expect more brands to join the NFT party to enhance customer engagement and create new revenue streams for their brand. Artisans will realize the importance of a digital marketplace for their artworks which completely removes the revenue-eating middlemen.

Stablecoins, yes please

In 2022, stablecoins will create a prominent place in the crypto portfolio of investors. They will not only act as a store value but will serve as an important asset to beat inflation. We will see the rise of stablecoins with more crypto companies launching their stablecoins to provide much-needed diversification to investors.

Bitcoin vs Ether

We are excited to see the performance of bitcoin in the next year. We can expect a bull run in the second quarter of 2022, owing to regulatory clarity and other key economic factors surrounding financial markets. Bitcoin vs Ethereum battle will be on the watch list of most crypto enthusiast in the year 2022.

Defi to take center stage

As the crypto industry evolves and investors gain more knowledge about crypto assets, we will see more investments in specific coins which belong to blockchain paying pivotal role in decentralized finance.

Jay Hao, the author of this article is CEO of OKEx.com, a global cryptocurrency exchange