Next Cryptocurrency to Explode 2022 – Top 5 Coins
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
With a new week upon us, investors are already on the prowl and looking for the next cryptocurrency to explode. Since the market appears to be getting out of last week’s bearish run, you should be able to see a lot of assets doing well.
Below, we’ll share some of the next cryptos to explode, helping you put yourself in a good position.
1. Lucky Block (LBLOCK)
LBLOCK kicks off our list of the next cryptocurrency to explode. The token is the platform asset for Lucky Block – an emerging force in online gaming.
Lucky Block is looking to change the way online games are played entirely. The platform is open to anyone worldwide, giving it the global gaming market.
It uses blockchain technology to ensure the transparency and fairness of transactions, allowing people to access all records. With LBLOCK, customers can play games available on Lucky Block, replacing traditional tickets that most other platforms use.
LBLOCK launched earlier this year on PancakeSwap – a top decentralised crypto exchange. The asset had a launch price of $0.0020, and its price has since jumped to hit an all-time high of
$0.0092. The asset’s price has since dropped to $0.0069, but this still represents an over 500% increase since the asset launched a little over a month ago.
LBLOCK has a lot of prospects right now. The Lucky Block app should be launched next month and immediately offer more people access to the gaming platform. LBLOCK also has listings on Binance and FTX on its roadmap. More investors, more growth.
2. Dogecoin (DOGE)
The industry’s largest meme coin, Dogecoin, has been on a relatively quiet run in 2022. The asset has been known for its wild price swings – a phenomenon that has brought it a lot of attention. However, as the market has now slowed down, so has DOGE.
But, this doesn’t mean that DOGE is down yet. There’s a lot of value that’s being unlocked gradually. Dogecoin’s developers are looking to transition it from a meme coin to an asset with actual potential, and they’ve had a huge ally – Tesla.
Weeks back, Tesla made good on its word and began accepting DOGE for payments at its official store. Elon Musk, the company’s chief executive, has tried to get other companies to join their train, but there have been no takers.
Undeterred, Tesla is now doubling down on its DOGE strategy. Over the weekend, Musk confirmed that Tesla plans to open a futuristic diner and drive-thru around Hollywood, Los Angeles. The billionaire added that customers would be able to pay using DOGE, marking another milestone for the asset.
DOGE is gaining traction in switching from a meme coin to an asset with a proper use case. This is definitely huge consideration if you’re looking for the next big cryptocurrency.
3. Decentraland (MANA)
Decentraland is the crypto industry’s best iteration of the metaverse. This platform has taken the play-to-earn model to the next level, artfully combining cryptocurrencies and the metaverse.
With the metaverse still being a hot-ticket item, Decentraland is all the rage right now. The platform already inked huge deals to kick off the year, with brands like Samsung and the Australian Open working with it. This month, it’s been roses as well.
A few days before Valentine’s Day, Decentraland played host to the world’s first metaverse wedding as an Arizona couple had their wedding in its universe. To top it all, banking giant JPMorgan opened its metaverse branch on the platform, becoming the first major bank to enter into the metaverse.
At the same time, celebrities (such as rapper Ice Cube) and brands (including Vogue Magazine and beverage manufacturer Miller Lite) continue to troop into Decentraland. It’s all growth from here, and Decentraland’s MANA token is a great way for you to tap into that.
4. Tezos (XTZ)
XTZ is one of the next cryptocurrency to explode The asset powers the Tezos blockchain, and it has always been a large-cap coin. But, it appears that the Tezos Foundation is now looking to harness the power of marketing as well.
This month, Tezos signed a multi-year deal with Manchester United – one of the world’s biggest football clubs. The $27m-a-year deal will see the Tezos logo appear on all Manchester United training gear.
Tezos will also help the club design collectables and other fan engagement items, allowing the blockchain to tap into one of the top markets in the world.
Tezos is also getting more love from the non-fungible token (NFT) community.
A recent CoinShares report shows that the number of smart contract transactions on Tezos has crossed over 50,000 daily, compared to less than 10,000 daily in January 2021.
Rising NFT activity was touted as the reason for this, showing that Tezos is also growing in one of the biggest crypto sub-industries right now.
5. Solana (SOL)
Rounding out our list of the next cryptocurrency to explode is SOL, the native token for the Solana blockchain. Solana has been a great hit for the past year, leading to an almost 10,000% gain for SOL in 2021. The asset has been on a bit of a rough streak so far this year, but it still has huge prospects.
Solana is still the top “Ethereum killer.” With the latter blockchain struggling with scalability, Solana is looking pretty good right now. Last week, a report from Morgan Stanley claimed that Ethereum risks losing its status as the top smart contract blockchain as Solana and other “Ethereum killers” gain strength.
Solana already has more transactions per second than Ethereum. Besides, a recent study from the Crypto Carbon Ratings Institute (CCRI) showed that it is the most energy-efficient proof-of-stake blockchain out there.
Coupled with continuous moves into areas like payments and decentralised application (dApp) development, Solana is truly one of the hottest blockchains right now. Great news for SOL investors in the long term.