WatcherGuru, a news and analysis resource for cryptocurrencies, has shared 3 low-value altcoin projects for a $1,000 portfolio.
3 altcoins to invest in 2022 from WatcherGuru list
WatcherGuru analysts’ first pick is Ripple (XRP) with a market cap of $22.8 billion. Ripple is currently among the most talked about cryptocurrencies in the market. Ripple, the company behind the XRP token, has been in a legal battle with the SEC since 2020. Therefore, the XRP price has been under pressure in the past bull.
But new reports indicate that the case will soon be over. If Ripple wins the case, the XRP price will most likely gain momentum in terms of price. On the downside, however, if the SEC wins the case, XRP’s price could visit new lows. Analysts urge caution before venturing into XRP, though this is an ideal choice for the list.
Cardano (ADA)
Cardano is the 8th largest cryptocurrency in the world with a market capitalization of $12 billion. The network’s native currency, ADA, is undervalued despite its various use cases in the blockchain technology world. Meanwhile, the PoS Blockchain platform completed the Vasil upgrade last month. Currently, the Cardano ecosystem hosts more than 1100 projects. Thus, it is opening its wings in the Blockchain field.
Cardano will likely add more use cases in the future as more projects join its network. That’s why ADA is part of every long-term portfolio.
Shiba Inu (SHIB)
SHIB is the 15th largest cryptocurrency with a market cap of around $6 billion. The token, which gained fame in a short time, became indispensable for individual investors after its launch in August 2020. Later, he stepped into various industries, both in Blockchain and in real life.
SHIB ventured into food, fashion, and video games with Welly’s restaurant, John Richmond outfits, and the ShibaEternity mobile game, respectively. Additionally, SHIB: The Metaverse is ready to release ShibaSwap and Shibarium. Shibarium has features that support the Shiba Inu in terms of price. It will also support the community’s supply reduction efforts.
Meanwhile, Shiba Eternity, a new game trial from Shiba, is currently in testing. The game was opened to users from Vietnam and Austria in the past two months. cryptocoin.com As we reported, the Shiba team recently released a guide for new players. Shiba Eternity currently has a 4.7 rating from players on Android and iOS platforms. The game is planned to be released to the whole world next year.
