It is crystal clear: the next really big trend in crypto markets is going to be centered around Web3 NFT in the context of GameFi. As per our Cryptocurrency Predictions for 2022 crypto markets are (will continue to be) highly bi-furcated. So, looking for unicorns is key for success, understanding emerging trends is crucially important.
In recent years, we have seen one or two really big trends arise in crypto markets.
In 2020, it was the emergence of DeFi.
In 2021, it was the rise of L1 and L2. It was also the jpg version of NFT.
In 2022, we expect rich-media NFT enabled by Web3 to become big. The areas in which they will be applied, according to us, will be sports + gaming + music.
Here is one such illustration: StepN. This is a Web3 app with Social-Fi and Game-Fi elements. Users equipped with NFT Sneakers can walk, jog or run outdoors to earn crypto, which can be used to level up and mint new Sneakers.
The gamification is enabled by Web3 technology, the cryptocurrency is earned and swapped (also enabled by Web3), NFT’s often play a key role in such a context.
Yes, this is next level and it’s the next big crypto trend.
The StepN token (symbol GMT) exploded in March: it went up 20x as seen on below chart. It’s not easy to hit these unicorns, but we are hunting for them. We were not in time hitting this particular one, but we are sure we will hit them in 2022. Moreover, other than these very specific apps, our focus in selecting top cryptocurrencies is also on the platforms that enable these apps (typically top 30 to 80 in terms of market cap, so they have a huge upside potential).
In our top crypto investing research we picked out several tokens in the Web3 and NFT space that are doing really well: sports, gaming, music. We expect them to outperform the entire crypto market in 2022 and 2023. Our focus with crypto investing, this year, will be in this space as seen in all recent analysis shared in our crypto investing service.
PS/ We want to let our followers know that we sent a donation to charity, our first 2022 donation. Last year, we supported 4 distinct organizations focused on children. The organization we selected for our first 2022 donation was founded by one of our premium members: www.housetogrow.org.