This prediction was announced to the Economic Times by crypto experts. It should be remembered that the volatility of cryptocurrencies is their main disadvantage as well as their main advantage, so you should only invest money that you do not mind losing.

Ethereum (ETH)

“Ether” is unimaginable – it is the world’s second-largest cryptocurrency by market capitalization. Ishan Arora, co-founder of investment firm Tykhe Block Ventures, predicts that Ethereum holders will test the price of Bitcoin (ETH/BTC) at 2017-18 levels.

"Because this cryptocurrency has gathered many "stars", including the decision to expand the second level, which can change the level of calculation to perform transactions in Ethereum, the future of the Internet is good, so. In his The first quarter of 2022 (Ethereum - red) should follow,” he added.

It should be noted that the rate of “Ether” has increased by more than 50% in the past six months. However, the coin is losing 9% daily - as of December 15, one altcoin was trading at $3,870, according to data from the WhiteBIT cryptocurrency exchange. Decentraland (MANA)

Decentraland is a virtual reality platform on the Ethereum blockchain that allows you to create and monetize content. Its native MANA token has grown by more than 4,000% in the past 12 months.

Raj Kapoor, founder and chairman of the Indian Blockchain Alliance, believes that cryptocurrencies will grow in the coming months as people "spend more and more time working and playing in the virtual world" . Additionally, the Decentraland token is moving in the right direction in terms of user growth and price, he said.

Insurance (SURE)

InSure is a DeFI platform for purchasing SURE tokens for fiat currencies and other cryptocurrencies for crypto assets. Its goal is to protect investors from fraud, theft of funds, and significant devaluation.

"To secure their crypto portfolio, users need to purchase SURE tokens and apply for insurance. Insurance begins seven days after the tokens are placed in the wallet," Kapoor explained.

Internet of Energy (IOEN)

Internet of Energy Network is a non-profit organization based on the Energy Internet that provides services for the efficient distribution of large amounts of renewable energy in a small network. The company uses blockchain technology to ensure that all homes participating in the network operate as a single smart collaborative power system.

"This little-known cryptocurrency could be a good option for investors. Energy networks appear to be an interesting option with strong use cases," said Raj Kapoor.

Enjin Coin (ENJ)

Enjin Coin is one of the first NFT platforms to sell game virtual goods. The project is owned by Enjin - the world's largest gaming network, which unites 19 million players from 250,000 different gaming communities.

Market Movement (MOVE)

MarketMove is committed to protecting crypto investments. The mission of this DeFi platform is to use AI-based tools to distinguish promising projects from purely speculative ones through auditing.

The project is also working on introducing limit and stop-loss orders on decentralized exchanges. In this regard, Kapoor believes that the MOVE token could be a profitable investment.

Upon receipt of a limit order, the brokerage team commits to purchase the cryptocurrency at a price no higher than the specified maximum price or to sell the cryptocurrency at a price no lower than the specified minimum price. "Stop loss" means selling or buying tokens in order to minimize losses in the event of sharp adverse changes in exchange rates.

Polygon (MATIC)

Another promising crypto project is Polygon, a network of secondary security solutions created in India. The project’s goal is to reduce transaction costs and increase Ethereum’s scalability.

“MATIC has become a ‘crypto unicorn’ (a company with a market capitalization of over $1 billion - Ed.

) and is currently the only level 2 scaling solution for Ethereum. As a true component of Ethereum scaling, MATIC seems to be a good choice in the coming months, assuming that the overall market will maintain its structure,” Ishan Arora explained.

Notably, No one can accurately predict the direction of any cryptocurrency over time. Since cryptocurrency is an extremely volatile asset, all investments are made at your own risk and risk.

American Cryptocurrency Experts and Trader Justin Bennett also predicted the growth of the Ethereum cryptocurrency. He admitted that the price of this coin may reach new highs by the end of December.