Analyst Says One Altcoin Project Will Explode This Year, Mirror Rise of Ethereum Competitors Solana (SOL) and Avalanche (AVAX)

Analyst Says One Altcoin Project Will Explode This Year, Mirror Rise of Ethereum Competitors Solana (SOL) and Avalanche (AVAX)


A closely followed crypto trader is eyeing an interoperability ecosystem to potentially have a breakout year.

In a tweet laying out his general 2022 predictions, the pseudonymous analyst known as Altcoin Psycho highlights Cosmos (ATOM) as his pick to soar like layer-1 smart contract platforms Avalanche (AVAX) and Solana (SOL) did last year.

My crypto predictions for 2022:

-Options volume will minimum 3x

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-Cosmos ecosystem will have its Solana / AVAX moment

-Spot backed ETF is approved

-Fund raising will become more democratized, less favorable for VCs

-Market goes full ADHD, boom & bust cycles become shorter

— Altcoin Psycho (@AltcoinPsycho) December 31, 2021

The analyst next discusses Osmosis (OSMO), the decentralized exchange (DEX) that was built for Cosmos. He follows

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