Bitcoin, Dogecoin, & Shiba Inu crypto price predictions for 2022- How will Top Crypto Perform?

Find out about the performance of the top cryptos like Bitcoin, Dogecoin, Shiba Inu.

Bitcoin (BTC) is the original cryptocurrency, and at the ripe old age of 13 it's still the most expensive crypto on earth. A single Bitcoin will set you back $38,000 at the time of writing. There's no doubt that 2021 was the year Bitcoin went mainstream with a world government making it legal tender (El Salvador) and Tesla flirting with it as payment.

Last year saw Bitcoin hit all-time highs of $67,000 in November as crypto analysts made wild predictions about the coin surpassing $100,000 in 2022. So, how's that coming along? Bitcoin started the year at $47,000 valuation and by the end of January has fallen to $32,000 – its lowest price in six months. Bitcoin's market cap in the cryptocurrency industry has also hovered around the 40% mark. For context: Bitcoin started 2021 with as high as 70% market capitalisation.

The uncertainty has the same analysts from the Independent who predicted Bitcoin's triumph to claw back their predictions from $100,000 per coin to highs of $93,717. Guido Buehler, chief executive of Swiss digital asset bank Seba, gave more modest internal predictions for Bitcoin of between $50,000-$75,000. JP Morgan also lowered its earlier long-term price target of $150,000 for Bitcoin, slashing it down to $38,000.

No one is saying that Bitcoin will lose its pole position – but neither are they saying to pour your life savings into crypto's firstborn coin. For those looking to diversify their portfolio with other potential crypto gainers, let's also look at some price predictions for popular cryptocurrencies with the potential to exceed Bitcoin over the remaining 11 months of 2022.

Dogecoin (DOGE)

Elon Musk's favourite crypto currently sits at #11 in the world – with a market cap of $19 billion – according to CoinMarketCap. Though the developers of Dogecoin openly admit the project was invented as a 'joke', investors in 2021 would've seen $1,000 growing to $32,000 over the year. That kind of money is certainly not to be laughed at.

Many crypto experts see 2021 as a fluke year for memecoins – or cryptocurrencies based on internet culture – and the days of such incredible returns may no longer be realistic. 

But many analysts remain bullish on Dogecoin. WalletInvestor.com has a price prediction of $0.32. This would see investors seeing a little over 100% growth by the end of 2022.

Ever Grow Coin(EGC)

The wild card of the list is Ever Grow Coin ($EGC) with a modest market cap of $300 million.  EGC was only launched in September 2021 but already has over 130,000 coin holders. EverGrow Coin is part of a new breed of cryptocurrencies aiming to make the market accessible to laypeople – specifically with regards to passive income. The company has paid $33 million to EGC holders in its four months of operation – that's just by holding the coin in your wallet.

Many analysts see EGC being a true 100x potential, which could mean big crypto gains in 2022 if the concept gains ground as a stable, productive crypto asset with real world benefits.

Shiba Inu (SHIB)

Shiba Inu was a crypto star in 2021 on an unimaginable level. The memecoin named after, yes, you know it, Elon Musk's favourite dog, saw returns that would've turned $100 into $50 million over the course of 2021. Yes. You read that correctly! Shiba Inu's runaway success proves why betting on Bitcoin is not the be-all-and-end-all of crypto.

Clearly Shiba cannot provide those levels of returns again, but many analysts still predict healthy returns for this popular memecoin for 2022. CryptoPredictions.com see Shiba could go as high as $0.000038 over the next 12 months. This 40% return would turn your $10,000 into $14,000… enough for a Caribbean holiday but maybe not an entire island.