The crypto market started in 2022 badly. While most coins have recovered from the slump, they are still far below their peak. While there are still several risks in the broader market, 2022 could still turn out to be a great year for crypto. Here’s why:

• Traditional asset classes have been severely underperforming, which could lead to investors moving into crypto.

• Some of the concerns investors had in the beginning of the year are gradually diminishing

• Crypto is still a high-growth asset despite its volatility

Well, for investors who are looking for crypto gems that still have the potential to do well in 2022, here is the full list:

Decentraland (MANA)

Although the crypto market was hit hard at the start of 2022, metaverse coins like Decenterland (MANA) faced steeper falls. Although the coins have recovered, they remain very low in comparison to expectations.

Data Source: Tradingview

The good news is that the interest in metaverse will continue to grow. It is possible that MANA and the other metaverse coins will make a comeback before the end the year.

Fantom (FTM)

Fantom (FTM) has had several hurdles to cross this year. Fantom reported that one the founders of the project had left after a slow start to the year. The coin plummeted as a result. Investor confidence was low. However, we have seen some recovery. Fantom is still a reliable DeFi project. It is worth watching it in 2022.

Loopring (LRC)

Loopring (LRC) is an Ethereum scaling solution that has been experimenting with a number of new technologies, including ZK Rollups. LRC has so much potential, even though the price has stabilized over the last few weeks. If the market conditions improve, it is one of few coins that could be 5x your money in 2019. LRC faces intense competition from other Ethereum scaling options.