The broader crypto space is slowly turning green with the generation of consecutive lower highs. The market leaders Bitcoin and Ethereum are set for higher weekly closes. However, traders appear to be on the hunt for new cryptocurrency gems that could bring massive profits in the approaching bull cycle.
Shiba Inu has been one of such coins that are expected to break all the overhead barriers to reach new milestones. Moreover, emerging NFT tokens Mines of Dalarnia and Yield Guild Games are two of the trader’s favorite tokens where there have been hopes of significant profits.
Will Shiba Inu Price Steal The Show In 2022?
Shiba Inu has created an absolute sensation in 2021 Q4, and veterans are optimistic about witnessing a similar kind of price action in 2022. US Feds’ decision to taper the interest has turned out a blessing in disguise for SHIB fans as traders are seen accumulating the bottoms at a record rate. It has lost 80% of its gains over the past couple of months.
If the bulls continue to accumulate the present bottoms, Shib’s price might quickly gain volatility to bounce higher. If the altcoin undergoes a strong breakout at $0.00003085, then the price is likely to skyrocket above $0.00005 to reach new ATH.
According to the analytics of WhaleStats, one of the Ethereum whales with more than 5 trillion Shib tokens has been expanding his SHIB holdings. In an official announcement, SHIB has collaborated with an Italian fast food restaurant called Welly’s. With Welly’s adopting Shiba Inu, a complete rebrand is already underway. These adoptions are signs of tremendous growth ahead.
NFT Tokens Poised For Superlative Run!
Mines Of Dalarnia (DAR):
The NFT token Mines of Dalarnia (DAR) has created a lot of sensation in recent times with its immense volatility. Veterans across the space believe that this is the right time to invest in DAR, as it is trading at all-time low zones. In addition, the ecosystem is also planning for a wide range of updates such as the launch of Game in Q1, over $3 million in funding for development activities in recent times.
The platform has recently made an announcement on Mines Of Dalarnia 2.0. Players are allowed to craft, combine, and enhance primary tools for mining. If the buying pressure continues to build up, then we could expect a solid bounce beyond $2.5.
Yield Guild Games (YGG):
Yield Guild Games enjoyed superlative gains since its advent. However, owing to the adverse market sentiments, the altcoin has lost most of its gains. It is frequently engaged with the community for its new developments.
The ecosystem has collaborated with Synesis One to unleash the full fledged potential of play to earn. Hence, the altcoin is likely to take the intense bullish divergence once the market sentiments turn positive.
Collectively, along with meme sensation Shiba Inu, these two NFT tokens Mines of Dalarnia and Yield Guild Games are likely to skyrocket in the approaching altseason. In addition, they are trading at their all-time low zones, which is more, better than accumulating the current positions.
Source: https://coinpedia.org/altcoin/3-potential-100x-gems-to-watch-out/