Cryptocurrencies are becoming increasingly popular due to the increasing value of some assets. There are hundreds of digital currencies available, and more are being produced daily. So the question is, what will be the next cryptocurrency to become viral?
With over 20,000 crypto assets available, choosing the best cryptocurrencies to buy is difficult. So, we are here to tell you about the 3 cryptos that could be 10x by 2032. Crypto experts are predicting that Polkadot (DOT), Ripple (XRP), and Shiba Inu (SHIB) have gained popularity among the major players and will explode to provide unimaginable returns over the next decade.
Polkadot (DOT)
Polkadot is a highly scalable smart contract platform built on an ecosystem of interoperable blockchains that aims to outperform Ethereum. It is a blockchain-based open-source technology developed by the Web3 Foundation. The foundation is committed to creating an open-source, decentralized web that is user-friendly and fully functional. In recent years, the platform has acquired massive growth, becoming a top high-performing crypto asset in the past year.
This is accredited to Polkadot’s delivery of several trading tools and advanced tech to the crypto space. The native token DOT has already witnessed impressive growth in the past year, and crypto experts are anticipating another great run.
Another contributing factor to DOT’s value spike is its blockchain development. To be more precise, the expansion of their DeFi sector is considered a massive milestone for the team. Furthermore, many tech-savvy people continue to migrate to this blockchain as they launch their own crypto projects via the platform. Therefore, the project has successfully managed to capture investors, traders, and developers alike.
Polkadot had seen steady growth since December when the first parachains were added. With over $17 Billion invested in the platform, it is one of the most popular DeFi ecosystems.
As more parachains are integrated and Polkadot’s ecosystem continues to grow, more people should adopt platform-based products. As a result, demand for the DOT token will grow, making it one of the top 3 cryptos that could 10x by 2032.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Ripple (XRP)
Since May 2022, the XRP price has been recording lower highs while being trapped below a descending trend line like many other cryptocurrencies. However, recently this resistance level was broken, indicating a positive breakthrough.
The 2013 launch of Ripple (XRP) aimed to assist financial institutions with settlements and international payments. With a staggering $18 billion market capitalization, the token is now one of the largest cryptos.
Many people are taking notice of the Ripple (XRP) Metaverse. It has been described as an open Metaverse that works on the idea of developing a theme of a seamless virtual environment that accomplishes a tremendous experience.
Multiple NFT collections, including Ripple’s (XRP) Metaverseand a mind-boggling 195,000 unique objects, are being released. It reaches a larger audience than its rivals by providing chances for anybody to participate in the Ripple Metaverse.
According to CoinSwitch, Ripple (XRP) might reach the value of $2 in 2022, trade around $3 in 2023, and hit $4.52 in 2025 as a result of new partnerships and technology. Due to its unique qualities, XRP is currently considered one of the best crypto coins to invest in and a crypto that could be 10x by 2032.
The Ripple CEO recently disclosed that the popular cryptocurrency would bring out an IPO soon. It could potentially result in a huge price spike for the XRP token as it would be among the first coins to come up with a public offer.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Shiba Inu (SHIB)
Shiba Inu is one of the more unlikely crypto success stories – it’s based on the Doge meme and built upon the hype of Dogecoin. Founded in 2020 by an anonymous entity Ryoshi, SHIB has seen massive price rallies. Shiba Inu coin’s website refers to it as ‘a decentralized meme token that evolved into a vibrant ecosystem.’
But Shiba Inu also broke ground to become one of the first truly decentralized forms of money after Ryoshi stepped back from running the project. It became prominent last April after Vitalik Buterin burned 42% of the total supply and donated thousands of dollars worth of Shiba Inu to an Indian COVID-19 relief fund.
The current SHIB price is $0.00001292, which is the lowest its been in months, making now a great time to buy up Shiba Inu in anticipation of further price increases in the next ten years.
The memecoin enjoys an incredibly loyal following, with widespread merchant adoption and countless projects all working to boost its adoption and burn SHIB tokens.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Conclusion
Although you might be looking to invest in cryptocurrency and the future of the NFTs and Metaverse, you should invest with caution. This is because many market commentators argue that this innovative industry is likely to be dominated by few players.
With this in mind, if you are looking for the top 3 cryptos that could 10x by 2032, you might want to consider projects like Polkadot, Ripple, or Shiba Inu.
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