The cryptocurrency market continues to grow rapidly in 2022, now boasting a valuation of over $1.3 trillion. As the market expands, more and more exciting projects can launch and benefit from investors’ interest – leading to impressive price gains over both the short and long term.
With that in mind, this guide discusses the next cryptocurrency to explode in 2022 , highlighting the projects with the highest price potential, before showing you how to invest in the best new cryptocurrency today – all from your laptop, tablet, or smartphone. The Top 10 Next Cryptocurrency to Explode This Year
Finding the next crypto to explode can be challenging, especially now that there are thousands of projects to choose from. To help streamline the decision-making process, we’ve conducted the research and narrowed down the selection to our top-ten most promising cryptocurrency projects – all of which are listed below:
> DeFi Coin (DEFC) – Top Pick for the Next Cryptocurrency to Explode in 2022
Lucky Block (LBLOCK) – Next Best Cryptocurrency with Innovative Crypto Gaming Features
Cardano (ADA) – Leading Blockchain Network with Rebound Potential
Ripple (XRP) – Popular Crypto Project Set to Bounce Back in 2022
ApeCoin (APE) – Next Best Crypto with ‘Meme Coin’ Potential
Cosmos (ATOM) – Best New Cryptocurrency for Unique Interoperability Mechanism
Ethereum (ETH) – Most Promising Cryptocurrency for dApp Development
TRON (TRX) – Decentralized Blockchain Looking to Revolutionize Content Creation
Dogecoin (DOGE) – Famous ‘Meme Coin’ with Huge Community Backing
Polygon (MATIC) – Layer-2 Network with Bullish Price Prospects
Cryptoassets are a highly volatile unregulated investment product. A Closer Look at the Next Crypto to Explode
If you’re looking to make money with cryptocurrency , investing in one (or more) of the projects listed above could be a wise move. With that in mind, let’s take a closer look at each of these next big crypto projects, ensuring you can make an informed investment decision: 1. DeFi Coin (DEFC) – Top Pick for the Next Cryptocurrency to Explode in 2022
Leading the pack when it comes to the next cryptocurrency to explode in 2022 is DeFi Coin . DeFi Coin is a BEP-20 token native to the DeFi Swap decentralized exchange. As such, DEFC can be used for various financial services, such as yield farming , crypto staking , token swapping, and more.
Naturally, this means that DeFi Coin’s value is tied to the expansion of DeFi Swap. Fortunately, DeFi Swap has been touted as one of the best DeFi exchanges to launch this year, which has led to impressive returns for DEFC holders. When the exchange went live in early May, the price of DeFi Coin surged by triple-digits in just a few hours.
However, aside from being a way to gain exposure to DeFi Swap’s growth, DeFi Coin also has numerous other use cases. Most notably, the coin’s development team have implemented a ‘static rewards’ system, which charges a 10% tax whenever someone buys or sells DeFi Coin. Of the proceeds from this taxation, 50% is redistributed back to token holders as a reward, whilst the remaining 50% is placed into the exchange’s liquidity pools. Does this make it one of the best DEX coins out there?
Not only does this create a passive income stream, but it also reduces the overall volatility of DEFC since investors are incentivized to hold their tokens long term. DeFi Coin also has a built-in ‘manual burn’ mechanism, which reduces the total supply over time – helping drive the price higher.These features have combined to push DeFi Coin into the limelight during the past few weeks, with over 6,500 people now part of the project’s Telegram group . Due to this community backing and the coin’s use cases, there’s every chance DeFi Coin could be the next crypto to blow up this year. Cryptoassets are a highly volatile unregulated investment product. 2. Lucky Block (LBLOCK) – Next Best Cryptocurrency with Innovative Crypto Gaming Features A close second in our list of the next cryptocurrency to boom is Lucky Block . Lucky Block has become one of the most talked-about cryptocurrencies this year, following the project’s launch back in January. Put simply, Lucky Block is a ‘crypto gaming’ platform constructed on the Binance Smart Chain (BSC), which looks to allow people from around the world to earn prizes safely and transparently.Due to this unique approach, investors clamoured to buy Lucky Block (LBLOCK) once the token launched on PancakeSwap earlier in the year. This hype caused the price to […]
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