Next Cryptocurrency to explode March 2022 Week 4
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Despite the volatility of the crypto ecosystem, many investors are still seeking the next crypto to explode with the hopes of making significant profits.
This guide covers some of the best crypto assets with exponential growth in the long term.
1. Lucky Block (LBlock)
Lucky Block coin is our top pick for the next crypto to explode. The blockchain protocol is one of the world’s fastest-growing cryptocurrency. At press time, Lucky Block’s price is $$0.003631, with a 24-hour trading volume of $$918,929.
Lucky Block is a cutting-edge crypto-lottery platform that runs on the Binance Smart Chain (BSC) network. The protocol aims to lift geographical restrictions while creating a fair and transparent environment for all lottery players. To incentivize long term holders, Lucky Block penalises sellers 12% for sales which are then redistributed to LBLOCK token holders. Another earning opportunity is through the 10% tax levied on all jackpot winnings. These profits are given to token holders enabling everyone to be a winner.
Lucky Block decreases draw lengths and allow several draws each day, providing participants with greater chances to win while lowering lottery costs. Being on the blockchain, which uses distributed ledger technologies, allows for faster, if not instant, prize distributions and comprehensive tracking and documentation, regardless of the magnitude of the win.
Furthermore, Lucky Block has launched the debut of a 10,000 NFT collection, giving collectors exclusivity. Holders of the Lucky Block NFT have the option to earn a better return on their investment. Lucky Block NFTs can be purchased by investors on its standalone website. Purchases can be made with wBNB.
2. Cardano (ADA)
Our second pick in the next crypto to explode is Cardano. Cardano’s current price is $0.896891, with a 24-hour trading volume of $942 million. Cardano has increased by 0.19% in the last 24 hours with a live market cap of $30 billion.
Furthermore, Cardano’s innovation engine, Project Catalyst, has been hard at work to create the world’s largest decentralized innovation fund through a series of collaborative, competitive human activities.
Fund8, the most recent completely funded initiative, is a global community of crypto enthusiasts and investors and it will control $16m in ADA. The primary purpose is to propose, evaluate, and finally decide which creative proposals should be supported. Decentralized finance (DeFi) applications, addressing financial inclusion inequities, and realFi are among the solutions under study.
3. Ripple (XRP)
Our next pick on the next crypto to explode is Ripple (XRP). At press time, XRP price is $0.815299, and the 24-hour trading volume is $1billion. In the previous 24 hours, XRP has gained 0.71% with a live market cap of $39 billion.
XRP would enable users to send money at a very low cost, garnering the interest of both ordinary customers and banks. Ripple’s core value proposition is its low transaction fees and transaction finality of fewer than five seconds.
Furthermore, Ripple intends to provide 1 billion XRP in developer grants. The developer incentive would encourage open-source products developed on the XRP ledger for enterprise remittance support.
4. Decentraland (MANA)
The 3D virtual world browser-based platform Decentraland is another on the next crypto to explode. At press time, Decentraland’s current price is $2.43, with a 24-hour trading volume of $316 million. In the previous 24 hours, Decentraland has gone down by 0.30% with a live market cap of $4billion. Decentraland (MANA) describes itself as a virtual reality platform powered by the Ethereum blockchain, where users may develop, experience, and monetize content and applications.
Furthermore, the altcoin Decentraland plans to host a virtual fashion show. The next Metaverse Fashion Week – MVFW – will feature “futuristic” daily runway displays from fashion brands such as Dolce & Gabbana, Dundas, and Etro, as well as internet fashion brands such as The Fabricant.
5. Avalanche (AVAX)
An Ethereum rival, the Avalanche blockchain is one of the top next crypto to explode. At press time, the price of Avalanche is $90.90, with a 24-hour trading volume of about $1billion. Avalanche has increased by 5.35% in the last 24 hours with a live market cap of $24 billion.
There are three layers which make up the Avalanche network: the X-Chain, the C-Chain, and the P-Chain. Each chain serves a specific purpose, which differs significantly from the strategy taken by Bitcoin and Ethereum, which requires all nodes to validate all transaction
Also, Avalanche Foundation kickstarted a $290 Million ‘Multiverse’ Incentives Program. The Avalanche Foundation announced incentives of hundreds of millions of dollars to encourage new forms of development on its layer-1 protocol.
The Avalanche Multiverse program, which is supported by four million AVAX tokens aims to encourage the network’s subnet expansion.