5 Potential Cryptocurrencies To Become The Next Blockbuster

Last Updated September 23rd 2022
5 Min Read

There is no doubt that the crypto market is growing by leaps and bounds. The most popular cryptocurrency in the world, Bitcoin, has grown by more than 70% over the last year. The capitalization of the crypto market has already exceeded $2.2 trillion. The world’s largest investment funds are actively investing in various crypto assets. 

All these factors suggest that the industry is on an uptrend and is likely to continue growing. That is why millions of investors strive to find out what will be the next cryptocurrency to explode.

Crypto investors are always on the lookout for surging cryptocurrencies, regardless of where those digital assets end up after their trip to the moon. So here are our experts' picks for the 5 potential cryptocurrencies to become the next blockbuster.

 

Ethereum 

Ethereum is the second largest cryptocurrency after Bitcoin in terms of market capitalization. This cryptocurrency and the whole Ethereum network offer users access to a wide range of features and applications. Additionally, the platform has a lot of value in matters of exchange automation. Ethereum smart contracts minimize bureaucracy and allow two parties to make a deal without intermediaries yet with low transaction latency and security.

Ethereum has recently switched to the proof-of-stake consensus mechanism, making it more energy-efficient and eco-friendly. This, alongside the newly introduced staking, might make this crypto a lot stronger in the long run.

Crypto experts and enthusiasts believe that due to this project’s high fundamental value and well-thought-out and ambitious roadmap, ETH is one of the 5 potential cryptocurrencies to become the next blockbuster. According to the market forecast, Ether might be worth around $8,000-$10,000 by the end of 2022. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Cardano 

Cardano is arguably the most secure blockchain technology. It is also the largest smart contract platform running on proof-of-stake technology. These notwithstanding, the ADA token is still trading below $1 – making it one of the most affordable cryptocurrencies to buy.

We feature it among the 5 potential cryptocurrencies to become the next blockbuster because it is bound for a massive upward price correction. Virtually everyone understands that the only thing keeping ADA token prices from blowing up is the peer-research requirement for applications and programs hosted on its network.

It could also be the fact that Cardano has been slow to integrate crypto technologies. But it has since embraced the smart contract functionality, DeFi, dApps, and algorithmic stablecoins and is expected to launch more popular programs.

These, plus a recovering crypto market and rising adoption for these tokens, are all expected to ignite an upward price correction for Cardano.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Tron 

Like Cardano, Tron is an Ethereum-killer designed to address the scalability and high gas fee challenges facing the Ethereum blockchain. It, however, stands out from the rest because it is a specialist blockchain targeting the entertainment industry.

This cryptocurrency could become the next blockbuster because it still is massively underutilized despite its revolutionary approach to the entertainment industry.

Tron hopes to democratize the entertainment and content creation industry. And it intends to achieve this by handing over control over distribution and revenue collection to the content creators. To this end, Tron has created a platform that these content creators can use to distribute their content. This platform then allows for the creation of custom tokens that their fans can use to pay for the said content – effectively eliminating the intermediaries.

This far, Tron has attracted the attention of such A-list artists as Ne-Yo and Lil Yachty, who have been at the forefront of promoting the platform. Others like Lindsay Lohan collaborated with the Justin Sun-led blockchain network in the launch and sale of their NFT projects.

Moving forward, we expect Tron to integrate more crypto technologies, especially NFTs, Web3, DeFi, and dApps. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Shiba Inu 

Shiba Inu is one of the most popular and the second most valuable joke currency. It shot to popularity in early 2021 due to two primary reasons.

First, it donated half of its total supply to Ethereum co-founder and celebrated cryptographer – Vitalik Buterin – who donated some and committed to burning the rest. Secondly, SHIB token prices shot up by more than 5 million percent during the early 2021 market rally.

It is a potential cryptocurrency to become the next blockbuster because of its resilience and rapid rebound rates. Like most other meme currencies, Shiba Inu derives much of its value from hype. It, therefore, is able to post unprecedented price gains in the shortest time possible – especially during market rallies.

By the next crypto market rally, for instance, most analysts and speculative investors expect SHIB token prices to rally by 10000%+. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Binance Coin

Binance is the largest cryptocurrency exchange in terms of trading volumes. Like Bitcoin, Binance Coin keeps a hard limit on the number of tokens in circulation. This helped the token price increase exponentially in 2021. In addition, the exchange puts about one-fifth of its profits each quarter into permanently getting rid of, or burning, BNB tokens, which raises the value of the remaining tokens. 

Binance has two blockchains to reduce the bottlenecks that tend to choke the Ethereum network. It is also fast and scalable, and the team is making the platform more regulator-friendly, a feature that could be crucial to its longevity and widespread adoption. 

In addition, Binance recently launched Bifinity, a fiat-to-cryptocurrency payment platform that will help merchants prepare to accept digital assets as payments, CoinMarketCap reported. The payment processing platform supports over 50 cryptocurrencies and major payment networks like Visa and Mastercard.

Also working in BNB’s favour is that it outperformed Bitcoin and Ethereum last year and seems poised to do so this year, too.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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