Financial pundit Michael Burry, aka “Big Short,” gained notoriety for his 2008 housing and stock market crash forecasts. His accurate forecasts across the board in the financial markets, including the cryptocurrency market, made him a household name. Here are three of his forecasts for the crypto market in 2022, as well as the reasons why you should put your money into promising new crypto projects like FightOut (FGHT), C+Charge (CCHG), Dash 2 Trade (D2T), Calvaria (RIA), RobotEra (TARO), and Impt.io (IMPT) are worth investing in.
Three Predictions for Crypto by “Big Short”
Michael Burry uses his Twitter feed exclusively for crypto market analysis and forecasts. His three 2022 forecasts are as follows.
- Prediction #1 – When scandals spread like wildfire, the price of gold will go up. High-profile scandals that shook the crypto world include the FTX collapse, the Tera Luna crash, and the bankruptcy of the Celsius network. Burry predicted that the price of gold would increase as a result of these scandals because crypto would become less appealing to investors. Despite these scandals, however, the cryptocurrency market has shown signs of recovery.
- Prediction #2 – In 2022, both Bitcoin and the stock market will experience devastating crashes. Increases in inflation and interest rates have had an impact on the stock market and the cryptocurrency industry as well. The cryptocurrency market as a whole is in a bear market, with BTC as the dominant currency. Despite Bitcoin’s (BTC) recovery from the FTX collapse and other scandals, Burry forecasts the bear market will persist until the end of 2022.
- Prediction #3 – Crashing to the maximum is imminent. Burry forecasts a stock and cryptocurrency market crash for the year 2021. In fact, the cryptocurrency market did crash, wiping out nearly $2 trillion in value. However, many analysts believe that 2019 will mark the beginning of the next bull run cycle for cryptocurrencies, despite the current bear market.
The Crypto Future Is in These Projects
Predictions in the crypto world are difficult because everything can change in a flash. Investors continue to put money into the cryptocurrency market, betting on the success of up-and-coming initiatives. Popular among these are new crypto projects that aim to bridge the gap between the Web3 and Web2 spheres. This list includes several of the most promising expansion candidates for the year 2023.
FightOut (FGHT) – The Most Popular Move-To-Earn Crypto
FightOut (FGHT) is a new cryptocurrency project and blockchain-based app that encourages users to exercise in exchange for financial rewards. People from all over the world can get their hands on the FightOut app and its extensive library of video content, personal trainers, courses, exercises, and more for a reasonable price. The app will track and record user activity and award tangible benefits for their efforts. The app’s native coin, FGHT, is currently on presale at an all-time low price, which will later increase once the presale ends.
Dash 2 Trade (D2T) Is a Crypto Analytic Platform That Will Provide a Risk-Free Trade
Dash 2 Trade (D2T) is a new crypto-coin analytics platform with a variety of cutting-edge features designed to educate traders on the underlying assets of the coins they’re considering trading. More traders around the world are eager for the project to launch so that they can take advantage of the dashboard’s crypto signals and charts, cross-chain data provision, risk profiler, and automated trade. For subscriptions and access to all of these functions, users will need to have D2T, the platform’s native coin. The presale for D2T is winding down, and the coins are selling out quickly.
C+Charge (CCHG) Is a Blockchain-Based Payment System for Electric Vehicle Charging
Electric vehicle owners can use C+Charge (CCHG), a decentralized payment and charging infrastructure, to charge their cars from the vehicles of other C+Charge members. Users can pay to have their vehicles charged using cryptocurrency, and in exchange, they will receive carbon credits. This is all made possible by the C+Charge platform. This initiative gives people a chance to make money while also helping in the fight against global warming. It’s a good time to invest in CCGH, the platform’s native coin, as it’s currently on presale.
RobotEra (TARO) Is a Play-To-Earn Game and Multiverse Project
P2E games are unquestionably where the crypto market is headed. Players in RobotEra (TARO), a player-to-player online game and metaverse, can improve their robot avatars, travel to new universes, and help rebuild the virtual planet Taro. The TARO native coin presale has been very successful and will end soon. Now is the time to get on board if you want to have a successful repeat performance in 2023.
Calvaria (RIA) – Free Battle Card and P2E game
Calvaria is a free versus card game where players face off using NFT cards depicting a wide variety of characters. There is also a Pay-to-Win (P2E) mode available in the game. Players love this game, and the free version could attract even more first-time crypto game enthusiasts. In case you missed it, the presale of its native coin, RIA, has begun.
Impt.io (IMPT) Is a New Blockchain-Based Carbon Credits Marketplace
Impt.io is a community for people and businesses committed to making a difference in the fight against climate change and the reduction of greenhouse gas emissions. Carbon credits can be issued as NFTs, traded, and even burned on this platform. In addition, regular users of the platform can mine IMPT tokens by simply going about their daily shopping. After a successful presale that brought in over $20 million, IMPT is now tradeable on LBank, UniSwap, and CoinGecko.
The Crypto Market Is Not Going Anywhere
Big Short’s forecasts are bleak, but they’re not that bad. Many experts have made similar predictions, though they tend to be more optimistic. Cryptocurrency is here to stay, and investors have no qualms about supporting promising ICO presales., as FightOut (FGHT), Dash 2 Trade (D2T), C+Charge (CCHG), RobotEra (TARO), Calvaria (RIA), and Impt.io (IMPT) are clearly showing.
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