Next Cryptocurrency to Explode – Updated

Which will be the next cryptocurrency to explode? On this regularly updated page, we will always have the latest news about the best cryptocurrencies to invest in, which ones to stay away from, and, generally important movements on the market.

Next Cryptocurrency to Explode in 2022

What are the best/emerging cryptocurrencies to invest in in 2022? In this article, we will look at the cryptocurrencies with the greatest future potential; but beware: no one (including us) can know for sure whether they will go up in value or not.

Some of these cryptocurrencies have been on the market for a few years, they are highly sought after by investors due to their low price and their high potential to increase in value in the future. Other coins are just launching, but have great potential due to the strength of the projects and the team behind them.

The cryptocurrency market includes hundreds of different cryptocurrencies, including the popular Bitcoin and Ethereum. Those who invest in crypto for the first time may in fact feel disoriented due to the hundreds of currencies available.

The purpose of this article is, precisely, to show you the most recent and least known cryptocurrencies, which have the potential to increase their future value, just as Bitcoin and Ethereum have done in the past.

We will also see how to choose the best cryptocurrencies and stay up to date like with Copy my Crypto, the website by James McMahen which is increasing the number of subscribers by the day. You can read the full Copy my Crypto review here.

Next Cryptocurrency to Explode

Update May 18th, 2022.

What we have been witnessing during the last 3-4 weeks is a drop in the crypto market. There is a chance of the market still having a bull run by the end of the year, but it’s highly improbable. The most likely scenario is that we are entering a bear cycle which will affect Bitcoin and the altcoins in a very strong way. We are expecting Bitcoin to drop down to $20K, or less.

The worst-case scenario for Bitcoin is $12K, but that only means more opportunities to make some serious money. The lower Bitcoin drops, the cheaper we will be able to buy good, strong cryptocurrencies. Having said that let’s go on and check our list.

Here is an updated preview of the top best cryptocurrencies to invest in this year:

  1. Elrond EGLD ⭐⭐⭐⭐⭐
  2. Cardano ADA ⭐⭐⭐⭐⭐
  3. UniSwap UNI ⭐⭐⭐⭐⭐
  4. Cartesi CTSI ⭐⭐⭐⭐⭐
  5. Monero XMR ⭐⭐⭐⭐⭐
  6. Polygon MATIC ⭐⭐⭐⭐⭐
  7. Tellor TRB ⭐⭐⭐⭐⭐
  8. IOTA MIOTA ⭐⭐⭐⭐⭐
  9. VeChain ⭐⭐⭐⭐⭐
  10. Ethereum Classic ETC ⭐⭐⭐⭐⭐
  11. Ripple XRP ⭐⭐⭐⭐⭐
  12. Binance Coin BNB ⭐⭐⭐⭐⭐
  13. Polkadot DOT ⭐⭐⭐⭐⭐

To invest in cryptocurrencies in the right way it is necessary to invest only a small portion of the total budget. Cryptocurrencies must therefore be treated like any other volatile asset, they only make sense within a diversified portfolio.

Next cryptocurrency to explode: how to find it?

With so many cryptocurrencies on the market, it is important to distinguish between more and less stable cryptocurrencies. Stable cryptocurrencies are those characterized by minor price fluctuations, even if in general all cryptocurrencies are extremely volatile. Above all, avoid those that historically have had large drops in market capitalization.

Some examples of stable cryptocurrencies are Ethereum, Litecoin, and Ripple. To strengthen your investment portfolio, it is highly recommended to invest in one or more stable digital currencies and not to allocate your entire budget to a single crypto.

Analyze the history, technology, and network of the cryptocurrency.

The best cryptocurrencies to buy are those characterized by innovative technology and a well-developed network.

By innovative technology, we mean a cryptocurrency that differs from the others for certain technological characteristics, such as higher transaction speed, anonymity, or low environmental impact. This is not a foregone conclusion, as the market is full of crypto with no solid blueprint behind it.

By well-developed network, on the other hand, we mean the presence of well-developed applications, users, and financial intermediaries. Without a well-developed network, a cryptocurrency will never be able to increase in value.

Find out as much as you can about the company offering the cryptocurrency and the problems it intends to solve.

Be wary of possible ICOs

Initial Currency Offerings (ICOs) are the equivalent of IPOs in the stock market, which is how companies try to find working capital and launch new cryptocurrencies. Since you are starting from scratch, investing in a good ICO will help you achieve great returns.

Finding the best ICOs isn’t easy though. To find the next profitable ICO, you need to look at past successful offerings, track recent industry trends, and stay up to date on expert advice.

Finding the right cryptocurrencies that will bring you profits is time-consuming, and difficult, especially if you’re just starting out. That’s why our first, and best advice is to become a member of Copy my Crypto and get studying, researching, and keeping up to date out of the equation.

Next cryptocurrency to explode 2022 Overview

Here are what we have selected as the best emerging cryptocurrencies. We have made this ranking based on different criteria (technology, network, etc.) but obviously, we cannot be sure that these cryptocurrencies will increase in value by the end of the year due to a probable upcoming bearish cycle, and the possible external factors (escalation of the Russia-Ukraine conflict, etc.).

What we are confident about is that these cryptocurrencies will grow in value. Whether sooner or later, these coins are going to make money for those who invest in them.

Elrond

If I had to choose one coin as the next cryptocurrency to explode, it would have to be EGLD, or simply EGOLD.

This project will certainly outperform many coins that are ranked higher on CoinMarketCap right now.

Elrond is a highly scalable, fast, and secure platform. They have the essential components for building decentralized apps, business use cases, and the new internet economy. With 15000 transactions per second, Elrond is one of the fastest blockchains in the cryptocurrency sector.

This cryptocurrency certainly has the potential to go to $1000+ in value in the future.

Cardano

Cardano (ADA) has become one of the fastest-growing blockchain assets in the entire cryptocurrency industry. ADA has been one of the top 10 cryptocurrencies by market capitalization since it was released in 2015 and has garnered considerable hype. Its technology is advancing at a rapid speed in building a massive blockchain ecosystem.

Cardano stands out from other competing blockchains for the use of mathematical principles in its consensus mechanism and for its unique multilayer architecture. With a team that participated in the creation of Ethereum, many are convinced that Cardano is the best crypto around.

UniSwap

UniSwap is the largest decentralized exchange operating on the Ethereum blockchain. It allows users anywhere in the world to trade crypto without an intermediary. UNI is the governance token that allows users to vote on changes to key protocols.

It is one of the cryptocurrencies with the largest market capitalization and the greatest future potential.

Cartesi

Cartesi is a Blockchain Operational System, a layer 2 platform for the development and deployment of scalable decentralized applications. It offers a Linux operating system coupled with a blockchain infrastructure. It allows the development of DApps in familiar programming languages (Python) without having to write Solidity core.

It allows to developers to use programming languages, tools, libraries, software, and services they are already familiar with.

The CTSI crypto is a multipurpose token that powers the Cartesi Proof of Stake network. Its primary use is to incentivise Cartesi node operators to engage with the system, as well as for staking and paying transaction fees.

Monero

Monero (XMR) was one of the first cryptocurrencies to offer real advances in privacy and fungibility over available alternatives.

Its key differentiator is its ability to allow users to send and receive transactions without making this data available to anyone examining its blockchain.

Polygon

Polygon , formerly known as Matic Network, is a scalability solution that aims to provide multiple tools to improve the speed and reduce the costs and complexities of transactions on blockchain networks.

It defines itself as a layer-2 network with respect to the Ethereum network.

Tellor

Tellor (TRB) is a decentralized oracle network that allows Ethereum smart contracts to securely connect to external data sources. TRB (“Tributes”) is an Ethereum token that powers the Tellor network and incentivizes reporting of external data.

It acts as a medium between smart contracts on Ethereum by connecting them to off-chain data and creating trustless feeds for users on the network.

IOTA

IOTA (MIOTA) was created to record and perform transactions between any machine, or device, in the Internet of Things (IOT) ecosystem. The ledger uses a cryptocurrency called mIOTA to account for transactions in its network.

The main innovation of IOTA is “Tangle”, a system of nodes used to verify transactions. IOTA claims that Tangle is faster and more effective than common blockchains. It could not be missing from this list as possibly the next cryptocurrency to explode.

VeChain

Vechain is a cryptocurrency system dedicated to supplying blockchain and logistics needs. VeChain software works as part of the VeChainThor blockchain platform designed to improve real-world supply chain management and business processes.

The primary goal of VeChain is to make these processes and information flow more efficient for multifaceted supply chains through the procedure of Distributed Ledger Technology (DLT).

The public blockchain includes both the VeChain token (VET) and the VeThor token (VTHO), where the former is used to convey value across the system, and the latter is used as energy to influence smart contract trades.

Next Cryptocurrency to Explode

Ethereum Classic

Ethereum Classic was created when a group of users of the Ethereum blockchain chose not to upgrade to the new code, which was recommended by the project’s developers.

In a nutshell, Ethereum Classic is based on the Ethereum project but differs in different technological choices.

Ripple – our tip for the next cryptocurrency to explode

Ripple XRP is a cryptocurrency designed to be used on the Ripple network to quickly transfer money between merchants and buyers using different currencies.

Ripple Labs, an American technology company, created Ripple Net as a platform that banks and financial institutions use to transfer XRP quickly and internationally for a lower price. Merchants, payees, and banks can transfer their local currency into XRP, send coins to a local gateway, and re-transfer XRP in the merchant-accepted currency.

This shortens transfer times and reduces fees for banks that may not have a direct relationship with a foreign institution, as long as they are both on the Ripple network.

The value of XRP has been held back for a long time due to the SEC lawsuit against Ripple, but the case is heavily leaning towards a positive outcome for Ripple and XRP.

Once the case is behind them, there is no obstacle that will stop XRP, and I believe that in 2022, it could be the next cryptocurrency to explode.

Binance Coin

Binance Coin (BNB) is a cryptocurrency that can be used for trading and to pay taxes on the Binance Exchange. It is the largest exchange in the world as of January 2018 and Binance Coin owners receive a discount on transaction fees as an incentive.

Polkadot

Polkadot is software that seeks to incentivize a global computer network to operate a blockchain on which users can launch and manage their own blockchains.

Launched in 2020, it has already introduced a number of technical innovations towards its ambitious goal. It could not be missing from this list.

How and Where to Buy the Next Cryptocurrency to Explode

To invest in cryptocurrencies, you have several cryptocurrency platforms available:

What is the difference between broker and exchange? In a nutshell, an Exchange is a platform on which cryptocurrencies are bought and sold, while online brokers are regulated and licensed platforms on which various assets are traded. The most advanced regulated brokers have also equipped themselves with Exchange platforms on which to trade crypto, such as eToroX.

Typical exchanges generally have lower commissions on cryptocurrencies but are also generally riskier. Adverse events are unlikely to occur on the most well-known Exchanges to date but “anything is possible” given that you are not protected by any legislation.

The further advantage of online trading platforms, in addition to total reliability, is the possibility of investing in both crypto and other assets on a single platform . On eToro, for example, you can also invest in stocks, fractional stocks, ETFs, and CFDs, thus balancing the portfolio risk.

Is it worth to invest in crytpocurrencies?

Investing in cryptocurrencies, whether emerging or not, is only worthwhile if done in the right way. The cryptocurrency sector is risky and very volatile as a result of which a lot of attention must be paid. We have summarized below the rules to follow before buying crypto:

Diversify investments: it is essential to allocate only a small portion of the total budget to cryptocurrencies and allocate the rest to less risky assets.

Investing in crypto with a solid project: stay away from crypto “memes” and the hype of the moment.

Prefer green crypto over polluting ones: in the future, it is highly likely that cryptocurrencies with a low environmental impact will benefit from greater growth.

Once you have bought the cryptocurrencies, you can choose whether to hold them in your wallet for years (hoping that they will increase enormously in value so as to make you richer as happened with those who chose to buy Bitcoin years ago) or speculate on their price changes. (alternative recommended only for more experienced traders with a lot of money to invest).

If you don’t have enough time on your hands, or you just don’t want to get deep inside cryptocurrencies, then there’s always Copy my Crypto, the only website with a proven record track:

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Next Cryptocurrency to Explode – Which coins to stay away from

Not all cryptocurrencies are valid investments, there are some in which it is not recommended to invest. The cryptocurrencies to avoid are:

  • More volatile than average
  • Most of the crypto “memes” by forums like Reddit
  • Too much polluting
  • Without any solid blueprint or differentiator

So here are some examples of emerging cryptocurrencies in which we recommend NOT to invest:

  1. ATC Coin : possible Ponzi scheme
  2. Nui : possible Ponzi scheme
  3. SwissCoin : possible Ponzi scheme
  4. Bitcoiin2Gen : possible Ponzi scheme
  5. Expanse
  6. Comet
  7. Matchpool
  8. Mixin
  9. Salus
  10. Quark
  11. GameCredits
  12. Megacoin
  13. ATMchain
  14. PotCoin
  15. Novacoin
  16. Auroracoin

Cryptocurrency Scams

Finally, we suggest you pay close attention to the many Bitcoin scams circulating on the web, here are the best known:

Trust Investing
Bitcoin Code
Bitcoin Up
Bitcoin Profit
Bitcoin Era
Bitcoin System
Crypto Trader System
Bitcoin Billionaire
Bitcoin Trader
Bitcoin Bank
Omega Pro
Quantum AI

Chinese Emerging Cryptocurrencies

In 2021, Chinese authorities ruled that cryptocurrencies cannot be used as a payment method in China. The only crypto supported by China is the Digital Yuan (e-CNY), which is a real state cryptocurrency.

Following this announcement, many well-known cryptocurrencies, such as Bitcoin and Dogecoin, plummeted and recovered in the following months.

How to buy the Digital Yuan? For now, it is not possible to buy the Digital Yuan on eToro or on the most well-known Exchanges. The Digital Yuan only went on sale in China in August 2021.

We will see how China’s digital currency evolves, with many arguing that it could even threaten the status of the dollar and replace paper money in China.

Conclusions

Here we come to the conclusions of our article on the next cryptocurrencies to explode in 2022. We have also seen the cryptocurrencies to avoid and the best platforms for investors.

Investing in cryptocurrencies can be risky, which is why we have advised you to use secure platforms, to invest only a small amount of your budget, and to invest only in cryptocurrencies with a solid project.

Also, we have seen that the safest and easiest way to make money investing in cryptocurrencies is by becoming a member of Copy my Crypto.

Cryptocurrencies are here to stay, make no mistake about it. The market will interchangeably go through bearish and bullish cycles, but each bullish cycle will push new all-time highs in terms of prices. Just try to play safe, never invest more than you are comfortable with losing, and always research your coins.