INSANE Potential in 2022!! Moonbeam Crypto – Polkadot Gem | GLMR Price Prediction
Yes unfortunately the crypto market has Suffered some brutal drops lately Reaching new lows that we haven't seen For months the fact is that nobody's Happy about this but we feel that just Like 2021 2022 is gonna be a very big Year for cryptocurrency however it's Going to be different than 2021. some of The lesser projects out there some of The tokens that exist are going to Unfortunately decrease in value but that Being said on the flip side some of the Best projects are going to be the cream That rises to the top and we feel that Moonbeam is one of these special Projects because it occupies one of the Most bullish sectors that we have our Eyes on in 2022 and that of course is Blockchain Interoperability it's a very big focus For the year ahead and we're not the Only ones with this opinion and glimmer That's glmr the native token right now Is down about 73 from its all-time high But that being said our fundamental and Technical analysis is just yelling at us That this project holds tremendous Potential we are exploring moonbeam and Its token glimmer in detail stay tuned To the end of this video as well for a Price analysis [Music] Okay so as we already know the Blockchain projects of the future are
Not going to operate quite the same way As they're operating today in fact they Will be interconnected by projects like Moonbeam which is the first polka dot Parachain and if you're familiar with Polka dot you know it's a network of Blockchains that are linked together in What are called parachains and now Moonbeam is one of the 130 pair chains Being built on polka dot and in fact it Is the first parachain to become fully Operational on polka dot which opens the Door for the 80 plus projects in the Moonbeam ecosystem to deploy that range From wallets to an ft's non-fungible Tokens and by the way if you do happen To be familiar with polka dot and the Parachain system let us know in the Comments below if you've participated in Any of the parachain slot auctions and If so let us know what your favorite Project has been so far the question That we're now asking is why is moonbeam So interesting well you know in simple Terms moonbeam provides ethereum Developers a chance to use their Favorite eth developer tools like Metamask remix waffle and others to Either build new project dapps on Moonbeam and polkadot or redeploy their Existing solidity projects through Minimal changes and how does that impact Dap users such as yourself well look at It like this sushi swap which is a
Popular ethereum based decentralized Exchange which you may have used Sometimes it's already started working With moonbeam and once moonbeam becomes Interoperable with other parachains Building on polka dot sushi swap is Going to have access to assets that are Number one native to polka dot and Number two bridged multi-chain assets Like ethereum mainnet polygon binance Smart chain and others and number three Native to the moon beam network so these Assets represent the total liquidity Network on polka dot making the total Addressable market pretty large and That's to say the least this all means That if you're a user for example of Sushi swap or really any such dap your Choice of tokens to trade and the Available liquidity pools are going to Become massive so put very simply as an Investor or adapt user your Opportunities to make money are going to Increase and you may not have known this But sushi swap is already live on moon River which is moonbeam's canary network On kusama and undoubtedly this is going To be huge because moonbeam's network Has already surpassed a milestone of 1 Million transactions and what's coming Up next might sound a little boring but It's important because if you're someone Who likes to do their own research Before investing in a project this is an
Indispensable part of this video for you So stay tuned and ethereum compatibility Is super important for moonbeam let's Talk about the fact that yes it's true Moonbeam is compatible with ethereum's Daps however there are some differences Firstly moonbeam uses a pos consensus Which is scalable and a green Alternative to ethereum's existing pow That's proof of work consensus secondly Moonbeam has a set of on-chain Governance features which ensures the Future development of the project is in The hands of stakeholders instead of Only the core development team that's Important and accounts are also unified Because with most of the ethereum Compatible projects users need to manage Two private keys one for ethereum of Course and another for the compatible Platform but with its recent v3 upgrade Moonbeam has eliminated the confusion And security risks that come from Handling two private keys so as a dap User you just need a single ethereum Like account and of course its Associated private key to interact with Dapps and protocols implemented in Moonbeam evm and for activities like on Staking and on-chain governance and you Also have cross-chain integration so one Of moonbeam's most important intended Features is to make it simple for Developers to utilize smart contracts to
Interface with other polka dot networks Therefore the first scenario that Moonbeam is interested in is allowing Tokens from other chains to be converted Into moonbeam-based tokens so that they May be used in d5 and other dapps and These assets can then be migrated back Or out to other chains after their task Is completed let's talk about staking For a second users can stake by using Their metamask extension wallet to moon River so you can start staking glmr Glimmer tokens and according to crypto Ninja the apy was above 500 On the 11th of january governance is Also very important here moonbeam is a Decentralized network that is going to Be run by a token holder community its Governance mechanism is very similar to How kusama and polkadot do it so this Means that a maximum of 100 voting Proposals can be opened where they can Be cancelled before being voted on among Other features and with the treasury Each network built on moonbeam will have Its very own treasury which is an On-chain controlled fund collection and The council will oversee this treasury Which will be supported by a portion of The network's transaction fees moonbeam Has a nimbus parachain consensus Mechanism where nimbus is a framework For building slot based consensus Algorithms and of course guys you can
Learn more about all of this you know So-called boring information on Docs.moonbeam.network we'd recommend it But with these important observations Out of the way let us know in the Comments section which feature of Moonbeam you feel has the most value and Of course why all of these are very Strong points as we see it and what Makes moonbeam different from other Polka dot pair chains is that it helps Your ethereum based project to expand Its reach to users outside of ethereum's Ecosystem where they can enjoy much Lower cash fees and another important Feature of moonbeam is that projects can Access intern moonbeam assets like dot Ksm glmr the a usd stablecoin and other Bridged assets like bitcoin and erc20 Tokens okay but with all this being said Let's discuss the road map now and Acknowledge that moonbeam is still under Construction but since the launch of the Test net in september 2020 the platform Has been performing some pretty big Updates on pretty much a monthly basis For example In june of 2021 moon river went live on Kusama and then in december 2021 Moonbeam went live on polka dot and if The roadmap is anything to go by in 2022 There are some major and some very Important upcoming milestones that will Be achieved things like nfts gaming and
D5 project developments ecosystem Developments a whole lot of other stuff As well all right let's talk tokenomics So according to coingecko.com moonbeam Can generate an endless supply of glmr Tokens where now there are more than one Billion and the circulating supply is About seven percent of that seven Percent of the total supply this could Be a negative point for the project as It is quite inflationary and it's only Really dependent on staking to create a Price squeeze at present glmr has been Kind of swinging between new all-time Highs and lows but our technical Analysis suggests that it could 5x if it Crosses a major resistance zone again Watch out for our glmr technical price Analysis at the end of this video also The glmr token has the following kind of Normal uses inside of the network you Can pay fees in the ecosystem with it You can incentivize node infrastructure And you also have governance voting Functionality you can buy glmr tokens on Binance gate dot io okay x toco crypto And kucoin let's talk about the growth And longevity prospects here so we feel That there's huge industry potential Moonbeam is a smart contract blockchain Platform created with the substrate Framework in the rust computer language Which prevents many common bugs and Security issues with a rich set of tools
For developers therefore moonbeam has an Incredible potential to build or migrate Really any kind of decentralized Application from evm compatible Blockchains like ethereum binance smart Chain avalanche and phantom to name just A few so in other words with just a Couple of clicks developers can leverage Their protocols in moonbeam's market to Have a pretty large user base and an Even higher tvl total value locked okay Let's talk about the competition pokedon As you guys know has many para chains That are looking for an allocation in Auctions however there are other parrot Chains that like moonbeam are focused on Smart contract compatibility i.e astar As moonbeam is a para chain that Currently has about 894 million dollars In fully diluted valuation astar on the Other hand the first place in the third Polka dot auction having more than 10.3 Million dots in funding but moonbeam Will have a first mover advantage here Unless the other two make some kinds of Major leaps but unless astar really does Something pretty spectacular we feel That moonbeam does enjoy a first mover Advantage here any risk factors to Consider well maybe the only one that we Really see so far is that moonbeam is at A pretty Early stage and according to the roadmap Moonbeam was launched this month and is
Still adding compatible protocols to its Network therefore it really is at a very Preliminary stage which also means There's a potential negative side here Because big investors might have to wait To see how its ecosystem develops so Investments will flow really depending On how the milestones that have been Announced depending on how or whether or Not they are achieved all right so we've Talked about what we like as far as Moonbeam goes let's talk about a glmr Price prediction now so glimmer has a Strong zone at about 9.65 And if it can move up because most Interoperability projects are moving up Right now so if it can do that and can Stay above that resistance and flip it To support we can expect to see a price Move towards 11.47 13.8 cents and 15.96 And consider this on february 11th Pre-sale of glmr will become available In the market and a price dump is Expected around that time it could turn Out to be a great buying opportunity of A low cap gem at that point not Financial advice of course guys but keep An eye out for that moonbeam is on a Mission to create a future friendly Decentralized and transparent ecosystem That supports the development of secure And cost-efficient decentralized Applications with a growing community of
Developers moonbeam in our opinion is One of the most important projects in This interoperability space so you Should perhaps consider adding it to Your watch list let us know guys what You think about this project and glmr Its future price trajectory let us know About all your thoughts relating to this In the comments below once again yes we Like to express our opinions and our Genuine enthusiasm about projects but None of this is ever financial or Investment advice just keep that in mind Guys if you're still watching the video At this point be sure to like subscribe Share and hit the bell to receive Notifications that way for when we do Put out very time sensitive stuff you're Gonna get basically exclusive Notifications tailored to your Preferences by youtube every time we Publish new content so it's to your Advantage to like subscribe and hit that Bell to receive notifications and of Course guys we all know that there's a Lot of volatility right now in the Crypto space yes it can be intimidating You may have certain questions you know Such as how do i look beyond all the Noise what are the current undervalued Coins out there what should my entry and Exit strategies be of course we've been In this space for a long time and really Have an eye for potential opportunities
You can take advantage of our experience With the access pro plan that is Starting it's a premium service but it's Starting at 99 per month and with it you Get access to early information on what We deem to be undervalued gems technical Analysis calls nft mint opportunities Top ido's airdrops and of course you can Also interact with our research experts If that is something that interests you Slots are now open you can find more Information pertaining to altcoin buzz Access pro using the link in our Description best of luck guys if you Choose to invest stay safe check out These other couple of videos which Should be popping up right about now Take care and as always we do hope to See you again soon in our next video You
