Analyst outlined a promising sector of the crypto market in 2022
He recommended paying attention to altcoins from the metaverse sector
13.12.2021 - 11:35
728
1 min
0
What’s new? Nicholas Merten, a trader and crypto analyst, said that altcoins from the metaverse sector will lead the digital asset markets in terms of the investment prospects in 2022. He recommended paying attention to the Metaverse Index (MVI), one of the few indices that outperforms Ethereum in terms of returns.
What is Merten's view? The trader believes that investing in MVI is a great way to cover the entire metaverse sector. On December 13, the MVI token is trading at $234 and its capitalization is $47 million. In three months, the value of the asset has increased by almost 170%.
What else did the analyst say? In addition to the metaverse, Merten says he is betting on DeFi and NFT:
“I think the Metaverse is definitely number one. In the second place would probably be DeFi and NFTs. All three of which have a pretty substantial chance especially even against Ethereum to potentially keep up or perform just as well.”
Useful material?
Telegram 
Twitter Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Cryptocurrency rates
-
Bitcoin
$98 192
BTC
-0.12%
-
Ethereum
$3 380.23
ETH
-1.12%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.46
XRP
-0.78%
-
Dogecoin
$0.426184
DOGE
-2.54%
-
Cardano
$1.03
ADA
-3.61%
-
Stellar XLM
$0.515419
XLM
-11.66%
-
Polkadot
$9.17
DOT
+1.67%
-
Bitcoin Cash
$509.67
BCH
-0.52%
-
Litecoin
$96.52
LTC
-5.2%