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These cryptocurrencies will surprise most investors by the end of 2022

The element of surprise in the crypto market is not new. The fact that these markets are highly volatile means that we are always getting new developments every day. Its also quite difficult to predict the crypto market. However, there are some coins we think will be a huge surprise based on how they perform. Here is why:

  • These coins already have a history of unusual price actions and have often moved against trends before.

  • We also think that the tokens are relatively underrated or misunderstood by the market.

  • Most of these end-of-year surprises will be either pleasant or unpleasant, but not many people will see them coming.

If this sounds interesting to you, here are the top coins that will surprise us by the end of 2022 and why.

The Sandbox (SAND)

As one of the leading metaverse-related tokens right now, there has been a lot of talks that Sandbox (SAND) will surge to incredible heights in 2022. We in fact saw some institutional capital going towards it. 

Data Source: Tradingview

But SAND is facing massive downside risks, especially with increased competition in the metaverse space. It may not deliver the skyrocketing returns most people are pegging it to.

Dogelon Mars (ELON)

The general appetite towards meme coins right now has slowed. We have seen some demand over the last few days but if broader sentiment in the market drops, meme coins will be the first to take the hit. 

It is therefore understandable that a lot of investors are trying to minimize exposure to meme coins like Dogelon Mars (ELON). However, expect meme coins and ELON, in particular, to surge massively this year. Yes, we may never be able to see Shiba Inu-style growth levels. But ELON appears to have enough potential to grow further in the future.

The post These cryptocurrencies will surprise most investors by the end of 2022 appeared first on Coin Journal.

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Luntivo Finance announces Limited coin offering – Should you buy?

Luntivo Finance has announced that it is launching a limited-time coin offering that will run from February 8 to March 28th. The plan is to make its native governance token available to early-bird investors. But should you consider this new project? Here is what we know thus far:

  • Luntivo Finance is an innovative decentralised exchange that has more features than a traditional DEX.

  • It is hoping to use the limited coin offering to bring widespread adoption of its LTVN token.

  • Luntivo Finance is the first DEX on Terra, one of the fastest-growing blockchains in the world today.

Data Source: Tradingview.com 

Luntivo Finance (LTVN) – Is it a good buy?

We cannot do any price analysis now since this is a token in pre-sale. But one thing LVTN has going in its favour is the fact that it’s new. As with most crypto assets, getting early is always a great thing. 

But not all early-bird investors get to make money. In fact, Luntivo Finance is a DEX. Yes, it offers additional features like secured asset funds for specialized tokens. But it’s still a DEX and there are plenty of those out there. 

While there is a lot of potentials that Luntivo Finance could in fact grow and earn you a decent return, it will not hit the kind of levels we see with blockchain projects. Despite this, it still remains a coin worth looking at.

What makes Luntivo Finance unique?

Luntivo Finance bills itself as an innovative DEX that is not only limited to crypto exchange. It also offers additional DeFi features as well. Although it is built on the Terra chain, Luntivo Finance uses the Cosmos SDK as part of its development. 

This makes it highly scalable compared to other DEXs out there. The native token LTVN is also now available in select DEXs and will likely come to major exchanges in the near term.

The post Luntivo Finance announces Limited coin offering – Should you buy? appeared first on Coin Journal.

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Robinhood plans to go global ‘crypto first’, says chief brokerage officer

  • Robinhood’s crypto section will be key as the trading platform seeks to venture into the global market.

  • Regulation is one factor Robinhood wants to get right as it moves to go global “crypto first,” chief brokerage officer Steve Quirk noted.

Robinhood Markets Inc is looking to go global, and the easiest route to achieving that is through crypto, the company’s chief brokerage officer Steve Quirk told CNBC in an interview on Wednesday.

In 2021, Robinhood hit household-name status, with the meme craze theme pushed forward by retail investors driving active user numbers and trading volumes. Stocks of GameStop, AMC Entertainment, Blackberry and Virgin Galactic among others skyrocketed, and the company’s retail user numbers shot up.

But a decline in the fortunes of the meme stocks, as the broader markets faced selling pressure, has meant a reduction in retail trading numbers. And according to Quirk, the meme stocks are no longer among the top traded names on the platform.

Currently, Robinhood Crypto lists seven cryptocurrencies in Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin SV (BSV), Litecoin (LTC), Ethereum (ETH), Ethereum Classic (ETC) and meme coin Dogecoin (DOGE).

The platform is exploring other crypto assets, which the chief brokerage officer says is being done in a way that fits regulatory requirements. The platform is also looking to add other features such as wallets, he added.

“We also have aspirations to take this brand global and we would do so crypto first,” he told CNBC’s ‘Squawk Box’.

Asked to explain what he met by “crypto first”, given the presence of Coinbase and other major crypto companies, Quirk noted:

“Well, I think the path for us to go global and have the most traction is through crypto, and maybe follow that with other components of the offering.”

He said that going the crypto way is the easiest avenue for the company to achieve its goal, citing regulatory aspects of the market and “other facets” of the market.

The California-based company saw its monthly active users decline over the fourth quarter, down to 17.3 million from 18.9 million in Q3. Monthly active users peaked above 21.3 million in June 2021.

The trading app is currently only available to US customers, having canceled its UK launch in 2020.

The post Robinhood plans to go global ‘crypto first’, says chief brokerage officer appeared first on Coin Journal.

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Solana’s (SOL) bullish uptrend is reversing – Can the coin retrace momentum towards $135

Solana (SOL) has led most altcoins into gains over the last few days. SOL had in fact surged impressively, at one-point crossing over $140. But the coin failed to climb past a crucial; resistance zone. As a result, the bullish uptrend we saw is now reversing. Here are some highlights:

  • After surging above $140, SOL has faced major resistance around $144 and has since failed to cross that hurdle.

  • As a result, the altcoin has fallen sharply from these highs in fact, at press time, it was trading at $112.

  • We are however seeing some directionless consolidation at $110 and we expect SOL to retest $144 soon.

Data Source: Tradingview.com

Solana (SOL) – Will it surge back to $135?

Well, technical indicators appear to suggest that SOL is looking poised for another uptrend. After surging to well over $140 over the last few days, the altcoin failed to clear the crucial resistance zone of $144. 

This weakness has manifested in the price action, with SOL now falling to $112. But we expect bulls to pick it up from here. In fact, SOL is likely to retest its weekly resistance zone of $135 and even surge past that towards $140. 

This will represent an upswing of nearly 20% from its current price. However, if SOL fails to hold the $110 support level, it could fall further towards $101 and eventually $93 in the near term.

Why investors are buying Solana (SOL)

Solana (SOL) is one of the most popular tokens right now. It has been attracting both individual and institutional investors by equal measure. 

Solana is seen as the most promising direct competitor to Ethereum. It offers better speeds, low fees, and outstanding scalability. Solana has also seen massive expansions in its ecosystem over the last few years. It is by far one of the most notable chains today.

The post Solana’s (SOL) bullish uptrend is reversing – Can the coin retrace momentum towards $135 appeared first on Coin Journal.

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ChangeNOW adds support for NFTs to its NOW Wallet

  • The NFT feature can be accessed via the ChangeNOW website as well as via mobile app, the exchange said in a statement.

  • ChangeNOW hopes the new feature sparks further interest in crypto, accelerating adoption.

ChangeNOW, a leading non-custodial cryptocurrency exchange popular for its instant transactions, has added support for non-fungible tokens (NFTs) to its NOW Wallet, the exchange said in a press statement exclusively shared with CoinJournal.

The addition of the NFT support to the wallet means customers now have seamless access to features that allow them to send, receive and store NFT collections.

Users will also be able to easily and securely browse the marketplace “right from their fingertips”, ChangeNOW added in the announcement.

Mike Ermolaev, the head of PR at ChangeNOW told CoinJournal in emailed comments:

“New and experienced users alike are finding new uses for blockchain, web3, and the new technologies in crypto. As a response to these growing demands, we have integrated NFT functionality into NOW Wallet.We hope that this will cause more people to discover cryptocurrency’s innovative features and speed its adoption.”

He added that the launch of the new NFT feature is in line with the crypto platform’s “hallmarks” of providing simple and user-friendly crypto innovations.

The NFT market exploded into a multi-billion industry in 2021, looping in major institutions and celebrities. 

The trend continues in 2022, with more people looking to leverage the blockchain technology behind it to digitally store and keep ownership of unique items and content, from art to music, record keeping and certification to authenticity and property ownership in the metaverse.

A good example, ChangeNOW notes on its Twitter account, is Alfa Romeo’s NFT integration that sees the SUV utilise the technology to track car records.

About ChangeNOW

The move to add NFT support to the official ChangeNOW wallet is a big boost for the crypto exchange, which offers access to over 380 crypto assets and more than 55 fiat currencies.

It also provides for fast, cheap, and transparent transactions, with fast crypto swaps that can be completed both via the exchange’s website and the ChangeNOW mobile app.

The NOW Wallet NFT section will support common token standards in ERC-721 and ERC-1155, the exchange said. Those eyeing other token standards should not worry as the platform will offer further support in due course.

The post ChangeNOW adds support for NFTs to its NOW Wallet appeared first on Coin Journal.