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
768
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?
Market
The product will allow professional investors to track the price of the altcoin without having to hold it directly
Apr 18, 2025
Market
Previously, the PumpFun team launched their decentralized exchange to preserve liquidity in their ecosystem
Apr 17, 2025
Technologies
The company predicts that devices powerful enough to crack a 256-bit key could be available in the next 10 years
Apr 17, 2025
Mining
The collaboration aims to increase decentralization of the blockchain
Apr 15, 2025
Market
The feature will later be available to customers in Europe and Australia
Apr 15, 2025
Crypto regulations
The rule was passed toward the end of Joe Biden’s presidential term
Apr 11, 2025