Next Cryptocurrency to Explode

The cryptocurrency market had another slow run last week. Although the market sentiment is relatively negative, several investors still believe that they can earn if they invest in the next cryptocurrency to explode.

In this article, we’ll take a look at some of the assets with the best prospects as well as the factors behind them.

1. Lucky Block (LBLOCK)

Kicking off our list of the next cryptocurrency to explode is LBLOCK. The crypto asset is the native token for Lucky Block.

Launched in 2021, Lucky Block is a gaming platform that operates on the Binance Smart Chain. It uses blockchain to ensure optimal transparency and fairness in transactions, with the platform’s LBLOCK token serving as a simple gateway into its ecosystem of games. Players interested in enjoying Lucky Block’s games can easily buy Lucky Block to play. The digital asset also functions as an investment asset.

Currently, LBLOCK trades at $0.0009043. This is a jump of 0.87% in the past day.

And there is still a lot of momentum for LBLOCK. The developers of Lucky Block have conducted prize draws for LBLOCK. The V2 version of LBLOCK has also been approved, paving the way for centralised token listings.

V2 token audit passed! ✅

That means that we're getting closer to listings on centralized exchanges! 🤩

Let the #CountdownToCEXs begin! 🥳 @SolidProof_io #crypto #audit #CEX #listings #blockchain pic.twitter.com/TZJMPdNOdZ

— Lucky Block (@luckyblockcoin) June 23, 2022

2. FTX Token (FTT)

Coming next on our list of the next cryptocurrency to explode is the FTX Token. The digital asset powers FTX – one of the market’s top brokers. FTT is currently the second most valuable exchange token, trailing only the Binance Coin.

With a current price of $24.69, FTT trades at a premium of 2.46% in the past day.

We believe that this can be a good time to buy FTX Token because of the recent expansion moves from FTX. The exchange has been a paragon of proper management amid the market crash, not only waxing stronger but also making strategic investments.

FTX has acquired Canadian broker Bitvo as part of its move into the Canadian market. At the same time, the exchange entered into an agreement to bail out embattled crypto lender BlockFi with an option to acquire the company for $240 million in the future.

(Long thread!)

Excited to share an update on our previously announced term sheet with @FTX_US – and how we've broadened the scope of the initial deal for the benefit of all key @BlockFi stakeholders.

— Zac Prince (@BlockFiZac) July 1, 2022

FTX has also been reported to be exploring an acquisition of stock trading service Robinhood.

While most of its counterparts have struggled amid the market downturn, FTX has continued to grow. Over time, we believe that FTT could be one of the strongest assets in the market.

3. Cardano (ADA)

Cardano is one of the most prominent blockchains in the crypto industry. The platform has been working to position itself as a worthy competitor to names like Ethereum and Solana while also maintaining its position as a platform for decentralised application (dApp) developers.

Currently, Cardano’s ADA token trades at $0.45. The crypto asset is up by1.43% over the past day.

Still, there is a big move expected to happen in the Cardano ecosystem. Most prominent is the launch of the blockchain’s Vasil hard fork – an upgrade which Cardano’s developers claim will help to bolster the blockchain’s functionality significantly.

👍Today we’re delighted to report we’ve successfully delivered a new Node release for #Vasil with the first release of our new CLI, inc. new #Plutus capabilities. Alongside we continue to address the remaining issues we’ve caught in our extensive ongoing testing program.
6/n 🧵

— Input Output (@InputOutputHK) June 7, 2022

Investors expected Vasil to launch in June, but it got delayed. A launch is expected this month, so investors should keep an eye out and buy Cardano in anticipation of price gains.

4. Solana (SOL)

Solana is another popular blockchain project in the crypto space. The blockchain touts itself for its high-performance functionality and strong focus on user-friendliness, and it has become a steady competitor to Ethereum among most developers.

Its network token, SOL, is one of our options for the next cryptocurrency to explode. The asset is already a large-cap coin, and it currently trades at $33.85 – a jump of 4% in the past day.

As a large-cap coin, there are several reasons to buy Solana. However, most notable is the upcoming Solana Saga mobile phone. Unveiled last month, the Saga is expected to be an Android device that will offer several impressive Web3 functionalities – including the ability for users to mint and sell non-fungible tokens (NFTs).

With Web3 technologies becoming more prominent, Solana labs believes that the Saga should help to boost adoption and provide a way for people to get more comfortable with this new frontier. The device already got some impressive reviews, so SOL is an asset investors can keep on their watchlist going forward.

If you’ve been asking when does Web 3.0 have its iPhone moment, well this is literally it! Thanks @aeyakovenko https://t.co/MBKOdRq8Ha

— Vinny Lingham (@VinnyLingham) June 23, 2022

5. Binance Coin (BNB)

Rounding out our list of the next cryptocurrency to explode is Binance Coin. The crypto asset is the most valuable exchange token in the market, and it is also a top name in the industry. With Binance maintaining its position as the market’s top exchange, BNB’s prospects continue to seem impressive.

Currently, BNB trades at $222. The asset is up by 1.83% in the past day.

Regardless of the drop, we believe that Binance’s continued expansion makes it easy for investors to confidently buy Binance Coin. The broker has made a big move into the NFT and Web3 space in the past two weeks, signing partnerships with soccer star Cristiano Ronaldo and TikTok influencer Khaby Lame. We expect both men to improve Binance’s exposure even more.