Without a doubt, the cryptocurrency market is evolving at breakneck speed. The most popular cryptocurrency in the world, bitcoin, has grown by more than 70% in the past year. The cryptocurrency market capitalization has exceeded $2.2 trillion. The world’s largest mutual funds actively invest in various crypto assets. All these factors show that the industry is in an uptrend and is likely to continue to grow for a long time to come. This is why millions of investors want to know what the next crypto boom will be. The crypto market is extremely volatile and bullish cryptocurrencies can become shitcoins in less than a week. However, some of these cryptocurrencies and tokens are still at the top.
Cryptocurrency investors are always looking for incremental cryptocurrencies, no matter where that digital asset ends up after their flight to the moon.
Whether you want to find the next cryptocurrency that will explode in 2022 or you just want to diversify your portfolio with high-risk, high-return digital assets, cryptocurrencies Every item on this list is perfect for you. Alternatively, you can also check out our list of the cheapest cryptocurrencies to buy now!
Here are the Top 10 Next Cryptocurrency to Explode in 2022
Ethereum is the second largest cryptocurrency after Bitcoin in terms of market capitalization. This cryptocurrency and the entire Ethereum network provide users with access to a variety of features and applications. Also, the Ethereum platform is of great importance when it comes to automating the exchange. Ethereum smart contracts reduce bureaucracy and allow two parties to enter into contracts without intermediaries, but with low transaction latency and security. Cryptocurrency experts and enthusiasts believe that due to the high fundamental value of this project and its ambitious and well-thought-out roadmap, the asset growth is likely to continue into the year. 2023 and beyond. By the end of 2022, Ethereum could be worth around $8,000-10,000, according to crypto experts and analysts. For more information, see our ETH price forecast.
SHIBUSD Shiba Inu
The Shiba Inu is a great example of a meme coin that managed to create an important niche in a short amount of time. Although it has no fundamental value, SHIB has managed to win the hearts of many fans and crypto enthusiasts, and in 2021 it has been a huge success.
Many expected the cryptocurrency to slowly fade into oblivion after its first successful flight to the moon, but in the fall of 2021 it attempted to repeat this trip. Will it be able to re-elevate and raise its previous high ranking? Time will tell, but for now we are optimists. After all, this is one of the digital assets that can benefit the most from any hype in the crypto market. View our full SHIB price forecast here. Algorand
Algorand started development in the second half of March and is very promising. This crypto asset powers a closed decentralized blockchain network that is currently working to become one of the largest dApp (decentralized applications) hubs in the world. The project is currently working on a bridge that will allow Ethereum to interact with the Algorand blockchain, bringing much-needed liquidity to the project.
Algorand has many partnerships for the future and seems to be on the verge of another bull run. However, only time will tell if it will be the next crypto to explode – make sure to do your own research before investing in it or any other coin. in this list. Read our ALGO price forecast here. Aave
AAVE is the native cryptocurrency of a decentralized lending platform of the same name. AAVE both serves as a management token and provides reduced transaction fees for borrowing and borrowing as part of the service.
Two things help Aave stand out in an increasingly competitive environment: the wide range of cryptocurrencies available to borrow and lend, and the ability to offer users a choice between floating and fixed interest rates. . Many crypto enthusiasts expect AAVE to appear in the near future and that is certainly promising enough. Decentralized
Decentraland is a virtual reality gaming platform based on the Ethereum blockchain. The application allows you to create any program that can be used in the real game and earn money.
The project consists of virtual plots of land, simply called LAND, where users build facilities and live in this virtual world. The MANA cryptocurrency is developed to operate the platform. The prospect of the project can make the investment profitable. Low volatility, the development team’s active involvement in promoting the virtual world, and user interest in the economic aspects of the game make the Decentraland resource (MANA) attractive. than. ripple
Ripple has consistently held its place in the top 10 by market capitalization for many years – the cryptocurrency remains popular with both retail and institutional investors, and its community is bigger than ever. end.
Despite being an older cryptocurrency that is often not appreciated by the likes of Elon Musk, XRP still has many ups and downs and more than enough potential to go to the moon. Ripple is hailed as a new alternative to SWIFT and if it manages to become a global decentralized payment system, we can only imagine how high the price of XRP will go. View our Ripple price forecast here. Cardano
The Ethereum blockchain, which aims to create smart contracts, decentralized applications (dApps) and financial instruments, regularly competes with other projects.
In 2017, the Cardano network was launched with the ADA coin. Developers use a scientific and methodological approach, create new technologies, and constantly expand the functionality of the platform. Cardano is one of the fastest-growing blockchain platforms. The World Economic Forum considers it one of the most scalable blockchains.
In 2021, the price of this coin has increased more than eleven times. Most importantly, however, is that ADA maintains the transaction rate achieved during the first boom in 2021. ADA has demonstrated impressive price gains, entering the TOP-10 in terms of capitalization. Behind the project are three major research institutions in the field of cryptography, engineering and blockchain technology. These factors make this coin attractive for short-term and long-term investments. Star
The creators of Stellar see the prospect of developing their project in cooperation with large companies and investors.
XLM is a promising cryptocurrency that could replace Ripple in the future. Taking into account long-term partnerships with large companies and financial institutions, targeting a wide range of audiences, the project can become more and more known. As a result, asset prices can increase many times over. The asset blockchain is known to the crypto community for its extremely fast processing speed. The hybrid protocol can greatly shorten the verification time of both the transaction and the execution of smart contracts. It also generates a lot of interest from organizations.
Solana (SOL) continues to pursue new heights by capturing the attention of investors. For several months in a row it has set new records significantly surpassing the results of the first race in 2021.
Most likely in 2022 we are waiting for a new height and we see that copper Solana coin will become the main rival of Ethereum. The asset blockchain is known to the crypto community for its extremely fast processing speed. The hybrid protocol can significantly shorten the verification time of both the transaction and the execution of smart contracts. It also attracts great interest from organizations.
Curve DAO Token or CRV is the utility token of Curve, a decentralized exchange (DEX) for stablecoins that uses Automated Market Generator (AMM) to manage its liquidity.
It is one of the top 100 digital assets in the world by market capitalization and one of the most promising crypto projects. Currently, Curve is almost synonymous with decentralized finance (DeFi). Although CRV has been falling in price recently, it has responded well to market booms in the past and could benefit from any future booms. There’s been a lot of hype around decentralized finance lately, so decentralized platforms like Curve have a lot to gain from any bull run. Five. Finance
Yearn.finance is a platform that allows DeFi investors to maximize profits from their crops. Since their goal is to facilitate access to the world of DeFi investing, it certainly has great potential – the industry is still relatively nascent and is likely to attract new investors in the future.
YFI, an internal token from the Yearn.finance project, has fallen slightly recently, but could benefit from potential future growth. Its price has increased. It’s up to you if it fits your portfolio, but we think it’s worth keeping an eye on.
Recently, PancakeSwap has started increasing again, both in price and volume. Interest in this cryptocurrency is definitely growing and when it comes to cryptocurrencies, an increase in interest usually leads to a price increase.
CAKE operates PancakeSwap, a decentralized exchange using AMM (Automated Market Maker) that allows users to trade with a pool of liquidity. The platform also offers betting, lotteries and more. The PancakeSwap project is very promising and could land on the moon in 2022. Binance coin
BNB USD exchange rate from TradingView
In recent years, Binance Coin has consistently ranked in the top 5 in terms of market capitalization and has one of the highest ROIs in the crypto market, making it a good investment option in 2022.
Like most other cryptocurrencies, BNB is dependent on the bitcoin price and usually grows with BTC, but with a small lag. For example, during the first boom in 2021, Bitcoin peaked in April and the next Binance Coin in May, reaching its current ATH of $690.
How to determine the next major cryptocurrency?
The cryptocurrency market is unpredictable so there is no reliable way to predict which coin or token is next. However, there are some signs that you can look out for.
If you are just starting to invest in crypto, be sure to read, watch, compare and stay up to date with the latest crypto news. Cryptocurrency prices are heavily influenced by hype and demand, so it is important to keep abreast of the latest industry trends.
In general, it is better to invest in a project with a fundamental value and a more or less clear outlook. It will provide a solution to a pressing problem for a particular cryptocurrency ecosystem and even provide a new technology or mechanism.