Next cryptocurrency to explode 2022…it’s an ambitious title, I know. Many people claiming to be experts are trying to answer the question of which will be the next cryptocurrency to make a boom in 2022. Which one has the potential for 100x? Which coin can replicate the success of Bitcoin, or Fantom in 2021?
Well, let’s try and find the answer to that question.
There are currently several emerging cryptocurrencies on the market. Bitcoin was the first, original cryptocurrency and is the one that has the highest price and the highest benchmark, but new coins are born every day.
Most of these are not safe or are not particularly interesting from an investment point of view because they are born as simple memes. Precisely for this reason, it is necessary to carry out an in-depth study of the sector.
Next Cryptocurrency to explode 2022 – How to choose
There are currently more than 10,000 cryptocurrencies on the market that you could invest in. Some of these have been present for a few months or weeks, or for a few years and would like to break through thanks to their project.
There are some parameters to take into consideration to evaluate which is the next cryptocurrency to explode in 2022 and be right for you. In order to recognize virtual currencies with a good chance of performing positively you should keep these factors in mind:
- Studying the Project Behind the Virtual Currency – Today cryptocurrencies are a serious financial tool and it is not uncommon to come across projects in which well-organized and often listed companies participate. Furthermore, some of these are well structured and studying them can help assess for 2022.
- Peculiar traits – It cannot be without a function that differentiates it from the others. The features that a crypto offers must be presented as actually useful. We recommend that you find as much analysis and information on the cryptocurrencies that interest you.
- How it is created and distributed – Usually a crypto is created through controlled and de-scaled mining, for example Bitcoins. This is not always the case and there are several virtual currency projects that differ because the cryptocurrencies on the market are pre-mined and in the hands of those who control the project. You must only select crypto that are distributed transparently.
- Creating Interest – Usually the cryptocurrency market means that if one brings a real novelty to the sector, then it manages to attract the attention of investors.
Which ones to avoid
Not all cryptocurrencies can be viable investments. If 2022 is the year you have chosen to debut in the digital currency market, then knowing which ones will explode covers only one side of the coin.
To give you a complete picture, I also want to list the cryptocurrencies that will explode in 2022, but for the wrong reasons.
These are cryptocurrencies without a solid project or without specific characteristics that help them stand out and establish themselves. In short, assets to avoid because they are too risky and unstable.
Furthermore, many of these cryptocurrencies risk degenerating into a Ponzi scheme. There are not a few cryptocurrencies that, not establishing themselves on the market through the most transparent methods, resort to borderline or illegal marketing techniques to pump their financial data.
This is a real problem within the sector, also given the novelty that cryptocurrencies represent for society.
Here is a list of cryptocurrencies that are unlikely to be able to pass the test of history and, after an explosion of volatility, find the stability necessary to be really interesting.
- Zilliqa (ZIL)
- Nem (XEM)
- Revain (REV)
- Celo (CELO)
- Unus Sed Leo (LEO)
Now that we have seen the “not promising” players it’s time to see which are the next cryptocurrencies to explode in 2022.
Next cryptocurrency to explode 2022 – The Candidates
Here’s a list of coins that I believe could be the next cryptocurrency to explode in 2022.
Binance Coin
Binance Coin is the virtual currency of one of the best exchanges in the sector, which we have described to you previously. It is a safe and reliable platform which makes the cryptocurrency particularly attractive.
Currently, Binance Coin is slowly establishing itself within the sector as one of the realities of the future. You should keep an eye on this currency for 2022, especially given the growing importance it is taking on in managing transactions.
EOS
EOS is a cryptocurrency that has been on the market for more than two years and is available on the main trading and exchange platforms. Currently, few people know about it but it may have potential.
In fact, EOS gives the possibility to develop dApps within its network and the technology it uses is different from the competition, resulting in a mix between the characteristics of Bitcoin and Ethereum.
Bitcoin Cash (BCH)
Bitcoin Cash (BCH) is a cryptocurrency that has slowly been able to carve out a space within the crypto sector, not surprisingly it is also present in the list of the main online brokers and exchanges.
The peculiarity of this coin is that it is considered as one of the most interesting forks of Bitcoin and for 2022, analysts expect positive developments from the currency.
Its value, in fact, remains far below Bitcoin but follows it faithfully. Experts agree that Bitcoin Cash can be one of the cryptocurrencies that will explode in 2022 and reach triple-digit quotations.
COSMOS (ATOM)
The peculiarity of Cosmos (ATOM) is to be the first network of interconnected blockchains. Since its appearance on the market, capitalization has grown rapidly along with the investors who have taken an interest in it.
It is currently present in all exchanges in the sector and for 2022 a slight but constant growth can be expected, making it ideal even for short-term speculative transactions.
According to expert forecasts, the value of ATOM is expected to explode within the first half of 2022.
Tron (TRX)
Tron is a virtual currency present within the main online brokers and exchanges in the world, it is a cryptocurrency with an advanced network whose objective would be the decentralization of economic exchanges in the entertainment sector.
The project has managed to establish itself in a relatively short time and has plans to climb the positions of the cryptocurrencies with the highest prices.
According to analysts, 2022 will see the cryptocurrency overcome the stagnation phase of recent months, given the interest shown by investors, and this could cause it to explode.
Maker (MKR)
Maker (MKR) is one of the most traded cryptocurrencies within Coinbase and in the last two years, it has experienced several price increases that have made it particularly interesting. It is currently a fairly stable currency.
It is a cryptocurrency that stands as a new and more performing alternative to Monero, trying to scale a sector (that of completely anonymous exchanges) that sees widespread interest.
While Monero remains the leading cryptocurrency in the industry, many experts firmly believe that Maker has what it takes to establish itself. In 2022, therefore, there could be a more than significant rise.
Cardano (ADA)
Cardano debuted on the market by challenging Ethereum and its blockchain. A bold move, but based on one of the most advanced and complete blockchains of the moment.
Although Cardano cannot yet compete with ETH, in terms of volumes and diffusion, it remains one of the most interesting growing projects. For 2022, in fact, we can expect that the upward trend will continue and that the crypto will be able to perform the miracle: after the 2020 rally, finally reach double digits.
Which is the best place to identify the next cryptocurrency to explode 2022
Since the crypto market is one of the most volatile ones in the financial world, it’s very important to be up to date with the news, developments, and dynamics. You simply have to bring up your game to a higher level and expand your knowledge if you pretend to be able to forecast the next cryptocurrency to explode in 2022.
However, that’s not what I do.
Obviously, I try to be informed and I read a lot about crypto every day, but there are simply not enough hours in a day for me to keep up with everything.
Fortunately, by sheer luck, I have found Copy my Crypto by James McMahon. A good friend of mine recommended his channel “Crypto with James” on YouTube a couple of months ago, and it was the best thing that has happened to me ever since I got into making money online.
I cannot stress enough how easy it has been to trade with cryptocurrencies, and I urge you to check out Copy my Crypto for yourself.
Conclusion
We have gone through the cryptocurrencies that experts believe could explode in 2022 and what their main characteristics are.
All the listed tokens stand out for being relatively young compared to giants such as Bitcoin and Ethereum and for presenting very interesting projects that have attracted the attention of traders.
The market to which they belong is certainly risky, but the possible returns are certainly tempting.
Best of luck!
S
