Digital currencies will be under the microscope by 2022. What is it?

Since the entire market price of digital currencies exceeded $3 trillion, lawmakers from Washington to Beijing have increased interest during this asset class, and Elon Musk's support for Dogecoin during his appearance on Saturday Night Live has contributed to increased investment within the field.

With bitcoin priced at around $60,000 and ethereum exceeding the $4,000 threshold, some investors are trying to find emerging digital currencies during which investment can yield significant returns, consistent with a report by The French website "Mon livret"

Here are the highest four emerging digital currencies that have registered remarkable growth this year and can be under the microscope by 2022 within the emerging cryptocurrency market.

 Chiba Eno

Shiba Inu gained popularity within the cryptocurrency world in 2021, taking advantage of the qualitative leap made by Dogcoin.

 It became one among the simplest digital currencies to take a position after logging an all-time high at the top of October, with a market price of about $40 billion.

 Based on these data, investors within the famous meme currency referred to as "Sheba Army" called on Robin Hood to incorporate Chiba on its trading platform.

Shiba SHIB

has fallen in recent weeks, halving its market price (about $20 billion), and actually recent currency developments raise a variety of questions, including: Does the autumn within the price of The Sheba represent the last purchase opportunity of the Chiba Army? Will its price fall further in 2022 because the digital currency market is blurred?

 Solana

Solana is currently the fifth largest cryptocurrency market with a market price of quite $62 billion. At the start of this year, Solana's currency was only $2, bringing the start of November to $260.

 The popularity of this currency has increased thanks to its speed of transaction processing and therefore the statement by Sam Pankman Fried, co-founder of the cryptocurrency exchange FTX, that he prefers it to ether.

 Cardano

Cardano has a market value of about $55 billion and increased significantly in 2021, at the beginning of the year the currency was trading at only $0.20, but in early September this year it reached $3, making Cardano the third largest digital currency in the world.

        The idea of introducing cardano's currency belongs to Ethereum co-founder Charles Hoskinson, who withdrew from it as a result of his opposition to Vitalik Putrin's plans to use the currency for non-profit purposes, and amid changes in its price, 2022 may be a watershed year in the currency's history.

 Avalanche

 At the beginning of 2021, avalanche traded at more than $3, and by the end of November it was $146, surpassing Dogcoin, and is now ranked among the top 10 digital currencies in the world with a market value of about $26 billion, and avalanche is currently trading at more than $116 per unit.

 AVAX is the original symbol of Avalanche, one of Ethereum's emerging smart contract competitors, and a new partnership with Deloitte will support the value of the currency and open up new horizons.