Crypto in 2022: Meme Coins To Rally Hard in First Half, Bitcoin Price to Bounce back in Second Half - Aliens: AI Crypto News & Markets Updates
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Crypto in 2022: Meme Coins To Rally Hard in First Half, Bitcoin Price to Bounce back in Second Half

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Coinpedia

Mon, Jan 03, 2022

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Aliens TLDR

Crypto traders solicited incredible roller-coaster rides in 2021 and the new year is all set to witness electrifying events all over the year.

However, the May market crash woefully teared up the entire cryptocurrency market, yet the digital coins have managed to regain momentum in the second half of the year.

The cryptocurrency market is expected to crabwalk in the first quarter of the year leading most of the 2021s deserted projects to new highs despite inflated valuations.

Post the May market crash in 2021, substantial accumulation drove Bitcoin and the other majority of the altcoins to ATH in Q4 2021.

Altcoin projects with a substantial market cap would languish sideways, where some of them would register new highs.

Bitcoin illiquid supply might rise to new highs above 80%, catalyzing a new motion of adoption and capital rotation out of meme coin casino.

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