Recently, extremely popular New Zealand- based crypto expert and influencer LArk Davis spoke about why he feels great that Ethereum ($ ETH), Elrond ($ EGLD), and Polygon ($ MATIC) are excellent jobs to bank on in 2022.
David spoke about his leading 3 altcoin choices for 2022 in a YouTube video he launched 10 days earlier.
According to a report by The Daily Hodl released on 25 December 2021, here is what Davis stated about these 3 jobs and their native tokens (i.e. $ETH, $EGLD, and $MATIC).
Ethereum ($ ETH)
“I believe that Ethereum will be a five-digit asset, and we could see a $20,000 Ethereum before this cycle finally rolls over and dies...
“We have layer-two scaling solutions exploding for Ethereum…We have the move to proof of stake coming for Ethereum. That’s massive beyond belief. We’re moving from proof of work, which is horrifically inefficient, over to proof of stake which will fundamentally change the economics for Ethereum…
“Then we have the triple halving. So as part of the move to proof of stake, there will be a 90% reduction in yearly emissions of newly created Ethereum… Ethereum is going to become deflationary next year. It’ll just only be going down. Within the next, probably five to ten years, we’ll be back under a 100 million Ethereum.“
“It’s finally coming to life, which I think is a very exciting time and moment for Elrond. So we’ve finally seen them launch their Maiar exchange… kind of like the Uniswap of Elrond where you can now trade USDC (USD Coin), the Elrond token…
“We also have exchange support from centralized exchanges starting to happen for Elrond’s standard tokens.“
“Polygon now is going to burn a little bit of MATIC away. Long term that’s absolutely awesome for the price of Polygon. So users are going up, stronger than ever, new acquisitions and more apps coming. I’m bullish on Polygon. It’s going to $10, just a question of when.“
What Other Analysts and Influencers Are Saying About $ETH, $EGLD, and $MATIC
The ETH relative pair looks pretty good still.
Against USD it’s a tragedy, against BTC it looks beyond bullish still.
Especially weird given most other alts look meh at best.
Not entirely sure what to make of it but this chart is still bullish pic.twitter.com/1vFT3w1HvL
— DonAlt (@CryptoDonAlt) January 2, 2022
Dear @0xPolygon fam, in 2021 we achieved a lot.
– 100M+ wallets
– 3k+ apps
– 1B+ txs
– 6 new solutions (SDK, Avail, Hermez, Nightfall, Miden, Zero)
– Top Web3 names (Uniswap, Aave, OpenSea..)
– Big brands (D&G, NFL, Macy’s..)
Happy New Year, let’s keep the magic going! 🦄
— Mihailo Bjelic (@MihailoBjelic) January 1, 2022
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.
Photo by “bennimax” through Pixabay