CRYPTO fans on Reddit made the currency the most popular topic of 2021, as ProShares plots a Metaverse fund.
ProShares has filed an application that would allow it to track the performance of the Solactive Metaverse Theme Index.
Meanwhile, Ethereum, Decentraland, and Basic Attention are all tokens that some experts think are poised for rebounds in 2022.
Contributors at Motley Fool think those three cryptocurrencies could see gains next year no matter what else happens with the highly volatile market.
“Ethereum stands out as a great crypto for 2022 and beyond,” the outlet noted, but the site thinks BAT and Decentraland are good bets, too.
Bitcoin has remained the most dominant cryptocurrency in the world, adding more than 70percent to its value in 2021.
The coin went into this year trading at $32,000 per coin, and it surpassed $64,000 by April.
Despite the coin taking a hit from May until September, Bitcoin recovered and reached a new high of $69,044 in November 2021.
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Risks of investing in cryptos, part five
Finally, the truth in marketing materials is a risk in investing in cryptos.
Firms may overstate the returns of products or understate the risks involved.
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Risks of investing in cryptos, part four
Another risk of investing are the charges and fees.
Consumers should consider the impact of fees and charges on their investment which may be more than those for regulated investment products.
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Risks of…
