Bitcoin and thus the entire crypto market have suffered several setbacks in recent weeks. But now the Bitcoin price seems to have finally bottomed out. It could go up again soon. Therefore, these 3 cryptocurrencies could be interesting for you to make good profits in 2022.
Good cryptocurrencies to buy – 1. Ethereum (ETH)
The ether price fell sharply during the last correction. When Bitcoin suffered high losses for the first time in November, Ethereum remained relatively stable. In the last crash, however, the ether price sometimes fell below $3,000. In the meantime, the price has recovered slightly and went back over $3,300.
Many forecasts predict that Ethereum has the potential to reach $10,000 in the current cycle. If the Bitcoin price and thus the entire market pick up again, you could already be shopping too expensive. Therefore, now seems to be a good opportunity to buy cryptocurrencies like Ethereum.
2. Dogecoin (DOGE)
Other than Ether, Dogecoin has been one of the cryptocurrencies that has surged in value over the past few days. Especially the meme coins like Dogecoin and Shiba Inu have risen sharply in the last few days. These coins still have massive growth potential during new bull runs.
In the second half of the year, the dogecoin was somewhat overshadowed by the new star among meme coins: Shiba Inu. In the spring, however, the DOGE gained massively in value. The first and second quarters of 2022 could also be massively successful for the Dogecoin. Therefore, you should not miss an entry opportunity now.
Good cryptocurrencies to buy – 3. Chainlink (LINK)
Tokenization will be one of the biggest crypto trends in 2022 and for years to come. Decentralized oracles play an important role in this. Oracles make it possible to correctly capture data outside of the blockchain and make it available on the blockchain. Chainlink is currently considered to be the most successful solution for these oracles.
In the Bitcoin crash, the LINK course was able to defy the downward trend. Nevertheless, the course of the LINK token still seems to be massively undervalued. Should the overall market pick up again, Chainlink could be one of the cryptocurrencies that you can use to earn high returns.
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