Next Cryptocurrency to Explode 2022 – Top 5 Coins

The market crypto is showing yet another flash of a bull run, breaking out of a bearish rut that began weeks ago and posting big gains. The market trend has created investment opportunities for investors looking for the next cryptocurrency to explode.

This review discusses 5 cryptocurrency with the potential to emerge as the next big crypto in the market.

1. Lucky Block (LBLOCK)

LBLOCK is the first asset on our list of the next cryptocurrency to explode. The asset is the native token for Lucky Block – an innovation that is sure to shake the lottery and gaming space.

LBLOCK operates as the primary token for Lucky Block. Players of the online game can purchase the asset and use it to play, with LBLOCK replacing tickets and raffles that many traditional gaming platforms still use. With LBLOCK, Lucky Block is opening up its platform to players worldwide.

In January, LBLOCK was listed on Pancakeswap – one of the biggest decentralised exchanges in the market.

The listing was met with raucous reception, and LBLOCK’s price jumped to an all-time high, marking a 100% increase in just three days. The asset’s price has died down since then, but it goes to show how much investors are loving the coin right now.

And, there is even more reason to be optimistic as an LBLOCK investor. Lucky Block is about to launch a mobile app, with the team setting a tentative launch date for March 2022.

This mobile app is sure to make Lucky Block even more accessible to players, and it should help to bolster the LBLOCK price.

Then, there are rumours of LBLOCK listing on top exchanges like FTX and Binance. A move like this will only make LBLOCK more accessible to more investors, so it is bullish for the coin.

2. Solana (SOL)

Solana’s SOL token has been one of the brightest stars of the crypto market in the past year. The asset delivered 9,600% gains in 2021, and a dip might be the perfect way to start 2022 if you’re a long-term investor.

Growth for Solana seems almost inevitable. The blockchain has been proven to be a suitable replacement for Ethereum, which is currently trying to scale. A recent CoinShares report also showed that Solana is more energy-efficient than most of the “Ethereum killers.”

With Solana recently launching its Solana Pay payment processor, the blockchain’s developers are now looking to break into the online payments scene as well.

Solana Pay allows merchants and point-of-sale operators to accept payments in different coins – including SOL and FTT (the native token for the FTX exchange). So, SOL could become a notable fixture in payments along with coins like Bitcoin and XRP.

3. XRP (XRP)

XRP is also among our list of next cryptocurrency to explode. The asset is trading at a massive discount, with its price of $0.8451 being a 56.8% drop from its 1-year high.

XRP has been dogged by the securities fraud case between its developer, Ripple Labs, and the Securities and Exchange Commission (SEC).

However, Yoshikata Kitao, the head of Japanese financial conglomerate (and one of Ripple Labs’ biggest partners) SBI Holdings, believes that the suit could end in 2022. Kitao even claimed that Ripple could go public once the lawsuit is resolved.

In the meantime, Rappel Labs is still doing pretty well. The company announced a $200 million share buyback last month, and it shared a positive outlook for its XRP Ledger.

4. FTX Token (FTT)

FTT – the exchange token for FTX, has earned a mention on this review of the next cryptocurrency to explode.

FTX has managed to climb atop the CoinMarketCap exchange rankings. It lags behind only Binance and Coinbase in terms of daily trading volumes, and the company continues to make massive waves.

Last month, FTX President Brett Harrison announced that they are putting final touches on a new feature that will allow users of FTX to trade traditional stocks. The move should bolster its position even more, allowing FTX to eat into the market share of companies like Robinhood and ETrade.

FTX has also launched a $2 billion venture capital arm named FTX Ventures, which it plans to use to back companies in different thriving spaces – from gaming and Web3 to healthcare and more. As FTX grows, so will FTT’s price for sure.

Then, there is FTX’s business model itself. Last week, the exchange raised $400 million to push up its valuation to $32 billion.

Considering that the company only just attained a $22 billion valuation last year, FTX has shown that it is still growing well.

FTX appears to have everything aligned for it. The customers of the company are happy with the service it is rendering, and the firm is now looking to bring even more products and invest in other companies. If FTX isn’t one of the most exciting companies in the space, then what is?

5. Decentraland (MANA)

As the world continues to explore the metaverse, Decentraland has proven to be the crypto industry’s de facto representative. It’s no wonder its token, MANA, is on our list of the top coins to buy right now.

Decentraland offers an interactive world where people can play games, interact with each other, and make money. The platform has also been a hit for people and companies looking to beat their competitors into the metaverse.

Last month, a virtual version of the Australian Open was held in Decentraland. Since then, fashion publication Vogue Magazine and beverage manufacturer Miller Lite have also bought land in the universe.

With celebrities and brands using the metaverse as marketing hubs, Decentraland is expected to continue growing.

One interesting thing about Decentraland is that it should also benefit from forces outside of the tech space who are in love with the metaverse right now with companies like Microsoft and Meta putting big money behind the concept.

As they make progress, interest in the metaverse should increase. This spells more growth for Decentraland – and, by extension, its MANA token.