Finance

1000% Gains Predicted For Solana (SOL), Polkadot (DOT) & Pac-Man Frog (PAC)

04/02/2022
Bitcoin Ethereum News

Much was anticipated of 2022, given the records that crypto smashed in 2021. As such, the first quarter has mostly failed to meet expectations. Bitcoin (BTC) is a good example. BTC has fallen after reaching an all-time high of $68,789.63 in November 2021 (data from top listings site CoinMarketCap).

Its lowest position in the previous 90 days is a little more than $33k, which is down 40% from its peak. The entire worldwide market cap of all cryptos reached $2.3 trillion at the end of 2021. In January, there was a sudden decrease of 25%, and it has only briefly touched the crucial $2 trillion thresholds a few times since.

Over the last two weeks, the markets have shown bullish signals, prompting many to believe the good times may be back. Three coins that are predicted to do very well over the remainder of the year are:

Let’s take a look at what makes these cryptos stand out.

Solana (SOL)

Solana (SOL) grew at a breakneck pace, with a price increase of over 10,000%  in 2021. Some have called it the number one “Ethereum killer” since it is significantly quicker and cheaper to use than its competitor.

Solana (SOL) uses a proof-of-history (PoH) validation procedure, which is comparable to proof-of-stake but more efficient. As a result, its network is far quicker than the bulk of other smart contract blockchains.

As a result of Solana’s (SOL) minimal costs, the Solanart NFT marketplace is gaining popularity. Solana (SOL) can still handle hundreds of transactions per second, despite recent performance concerns. Ethereum (ETH), on the other hand, has a transaction rate of around 13 per second.

If more developers and creators continue to flock to the Solana (SOL) network there is nothing stopping the smart contract platform from exploding in price. Analysts are making bold predictions that if the release of ETH 2.0 continues to be delayed then Solana (SOL) could capitalise and reach a price figure of around $1000 per SOL.

Polkadot (DOT)

Polkadot (DOT) is a highly scalable smart contract platform made out of an ecosystem of interconnected blockchains that aims to outperform Ethereum (ETH).

Polkadot (DOT) is a consensus-based blockchain based on Proof of Stake (PoS). The relay chain is connected to several programmableblockchains known as parachains, each of which offers decentralised applications (dApps) and decentralised financing (DeFi) services.

Polkadot (DOT) began auctioning para chain spaces to developers in November 2021. Polkadot (DOT) plans to support 100 parachains in the future, even though the procedure is far from completion (only five parachains have been linked to the relay chain as of February 2022). The network’s throughput might reach one million transactions per second (TPS) Ethereum (ETH), on the other hand, presently supports 14 TPS, a vast difference.

If Polkadot (DOT) can remain true to its vision there is a fantastic chance that it could become one of the most sort after blockchain platforms on the market. Price predictions for DOT come in at between $100-150 over the coming years.

Pac-Man Frog (PAC)

Pacman Frog (PAC) is a GameFi (Gaming Finance) coin that will be structured as a DAO (Decentralised Autonomous Organisation) and will be developed on the Solana (SOL) network. Through a specialised “incubator” and gaming platform, innovators will be able to access finance and a community-building area within its platform, to shape the future of blockchain gaming and NFTs.

Furthermore, Pacman Frog (PAC) seeks to improve liquidity in the DeFi ecosystem by developing an NFT aggregator and exchange that will connect different blockchains to form a multichain ecosystem.

Finally, the ‘Pacman Frog Academy’ is a project being built within the Pacman Frog (PAC) ecosystem to educate people all over the world about blockchain technology.

The presale for Pacman Frog (PAC) is just a few days old. Looking at the history of other presales we can see that buying into a project at the earliest given opportunity is the best way to maximise gains. A chance like this doesn’t come around too often with many analysts predicting that Pac-Man Frog (PAC) could increase from its initial $0.005 price to $0.10 which is a near 2000% increase.

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Source: https://www.thecoinrepublic.com/2022/04/02/1000-gains-predicted-for-solana-sol-polkadot-dot-pac-man-frog-pac/