What Is The Next Big Cryptocurrency? Top 9 Most Potential Cryptocurrencies

These cryptocurrencies hold lots of potential for gains in 2022

Last Updated March 25th 2022

15 Min Read

The cryptocurrency market is pretty volatile right now. With more than 6000 cryptocurrencies, all with a promise of high returns, it's easy to wonder, which one is the next big thing?

If you are in a dilemma on what to buy next, don't worry as we are about to help you figure out the next big potential cryptocurrency.

By the time you are done reading this article, you will have a good idea of the best cryptocurrencies with the most potential to go big in 2022.

What Are Cryptocurrency Prospects Over The Next Couple Of Years?

Bitcoin has had a very turbulent time since it launched in 2008. Crashes of up to 80% have become part of the norm in Bitcoin cycles. However, when you smoothen out the curve, you quickly notice that Bitcoin has been on an uptrend since it launched.

However, it is only in 2021 that Bitcoin has shown signs of becoming a mature asset. This is mainly due to the entry of institutional money and the enactment of regulations governing the cryptocurrency market.

In essence, the next decade could be defining one for Bitcoin in terms of value growth and adoption. As regulatory clarity comes globally, there is a chance that Bitcoin could get even bigger with time.

That said, challenges abound and are unlikely to go away anytime soon. For instance, analysts believe that issues like security will remain a challenge for Bitcoin over the next couple of years.

Institutional money is getting into cryptocurrencies

The cryptocurrency market is becoming more and more popular as fintech companies continue to enter the space. Square, one such company, has committed $220 million on Bitcoin. PayPal, too, has entered the market and is looking to expand by launching a stable coin.

Many other companies are loading up on Bitcoin and other cryptocurrencies, with Microstrategy now emerging as one of the biggest corporate holders of Bitcoin.

All these are pointers that tech companies, especially fintech, see the potential of cryptocurrencies. That's huge when looking at cryptocurrencies as an investment over the next 5 to 10 years.

Cryptocurrency ETFs are starting to get approved

Since 2018, cryptocurrency investors have had their hopes raised and crashed about cryptocurrency ETFs. However, things started to change in 2021.

BITO was the first Bitcoin ETF that the SEC approved for trading on the New York Stock Exchange. The SEC considered dozens of applications in recent years. Still, this one finally received permission- an important step for investors who want more exposure to Bitcoin without owning them outright.

It goes to show that regulators are warming up to the idea that cryptocurrencies are here to stay.

Central Banks are looking into CBDCs

Central Bank Issued Digital Currencies are becoming more popular by the day. According to Bank for International Settlements research, 80% of central banks around the world are researching digital currencies. This is a factor that could potentially lead to a huge shift towards this new technology.

At the same time, countries, led by El Salvador, are looking into the adoption of Bitcoin as a form of legal tender. All this points to the growing adoption of cryptocurrencies going into the future.

It's an indicator that cryptocurrency adoption could be pretty huge not just in 2022 but for many years to come. It's a reason to be bullish on cryptocurrencies.

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

Top 9 Most Potential Cryptocurrencies May Be The Next Big Crypto Gainner

What is the next big cryptocurrency to invest in 2022?

While the cryptocurrency market is highly volatile, some cryptocurrencies can make investors rich in 2022. We have compiled a list of some of the best cryptocurrencies to buy.

Cosmos – ATOM
Fantom – FTM
Ethereum – ETH
Decentraland – MANA
Bitcoin – BTC
Axie Infinity – AXS
Bitcoin – BTC
Chainlink – LINK
Binance coin – BNB

Each of these cryptocurrencies has the potential to make you good money not just in 2022 but for many years to come. Their fundamentals are sound, and adoption could gain traction over time.

1. Cosmos – ATOM

Cosmos has emerged as one of the most advanced blockchain protocols in the market today. That's because it is built to help connect blockchains by allowing for the free flow of data across Dapps.

It is also one of the most advanced protocols in the market. Cosmos Tendermint is a protocol that requires only one block of validators to come together and agree on any given transaction. The algorithm has been specifically designed to be fault-tolerant. This makes Tendermints consensus more reliable than others because there's no need for lengthy processing times or large groups attempting transactions simultaneously.

Due to its capability to help the crypto market scale, especially when it comes to Web 3.0 applications, ATOM has the potential to grow exponentially in 2022.

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

2. Fantom – FTM

Fantom is one of the cryptocurrencies perfectly suited for the fast-growing Web 3.0 economy. Fantom is designed to help developers launch Dapps in a reliable, low-cost, secure, and high-speed environment.

Fantom is increasingly growing in popularity because it is compatible with the Ethereum blockchain. This is a big deal because Ethereum is the largest Dapps platform in the market, and its dominance is not going away any time soon. In essence, allowing Ethereum Dapps developers to run their Dapps on a more efficient blockchain could drive up the value of FTM in 2022.

This coupled with the fact that key growth markets like DeFi, are gaining traction, makes FTM one of the top 9 most potential cryptocurrencies to buy in 2022.

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

3. Ethereum – ETH

Ethereum is the number one platform blockchain in the market, and its dominance could go even higher in 2022.

That's because a lot of the competition that was capitalizing on Ethereum scalability issues has been shown to have flaws. This has to a large extent, increased developer and investor faith in the Ethereum blockchain.

Besides, the shift to the more efficient and scalable Ethereum 2.0 is almost complete. This means most of the scaling issues that Ethereum faces today are about to end.

Ethereum 2.0 is also making Ethereum deflationary, which means the more the network is used, the more ETH is burned.

A combination of these factors makes Ethereum one of the highest potential cryptocurrencies to buy in 2022 and for many years to come.

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

4. Decentraland – MANA

Decentraland is a Metaverse platform that has grown strongly in popularity over the past year.

In 2021, Decentraland made history when a virtual land worth $2.4 million was sold on the Decentraland platform.

Since then, a lot more land has been sold on the Decentraland platform, most of it worth upwards of $100k. Recently, Samsung built a virtual store on Decentraland, a pointer to how big the Decentraland Metaverse has become.

With the excitement around the Metaverse growing, MANA has lots of prospects going forward. It is undoubtedly a high-potential cryptocurrency to buy in 2022.

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

5. Sandbox – SAND

Sandbox was one of the best performing cryptocurrencies in 2021. Most of its gains were towards the end of the year, driven by the launch of a new play-to-earn game called Alpha.

Similar factors are likely to keep driving up the value of SAND in 2022. That's because there are more play-to-earn games coming up on the Sandbox Metaverse in 2022. If the impact that Alpha had on Sandbox keeps repeating, then there is every reason to believe in SAND as an investment.

On top of that, there is a lot of hype around the Metaverse, and it is only likely to get stronger. This puts SAND among the top 9 most potential cryptocurrencies to buy in 2022.

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

6. Bitcoin – BTC

Bitcoin can't miss among the top 9 most potential cryptocurrencies to buy in 2022. That's because it is the market leader and pretty much determines the overall cryptocurrency market direction.

Besides Bitcoin being the largest cryptocurrency, it also leads the rest of the market in adoption. Bitcoin is so adopted that even countries are taking it up as legal tender – El Salvador leads the way.

Institutions have also taken up Bitcoin with a lot of enthusiasm. Companies like Microstrategy and Tesla now hold billions worth of Bitcoin, and many more are buying up Bitcoin through ETFs.

All this is happening against a tiny supply of Bitcoin that is capped at just 21 million BTC. When you put all these factors together, BTC stands out among the top potential cryptocurrencies to buy in 2022.

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

7. Axie Infinity – AXS

Axie Infinity was one of the best performing cryptocurrencies in 2021. This had a lot to do with the hype around the Metaverse and the fact that Axie Infinity has a lot going on within its ecosystem.

For instance, Axie Infinity has been investing in increasing its Metaverse ecosystem's depth. In 2021, Axie Infinity announced that it completed a funding round where $150 million was raised.

Since then, Axie Infinity has achieved a lot in new product launches. With more play-to-earn games coming up on the Axie Infinity Metaverse, AXS can't miss among the topmost potential cryptocurrencies to buy in 2022.

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

8. Chainlink – LINK

From a fundamental perspective, Chainlink is one of the strongest cryptocurrencies in the market today. This has a lot to do with its dominance in its core market. Chainlink dominates the decentralized data oracles market by over 60%. This is a big deal because as this market grows, so will Chainlink's prospects as an investment.

Besides, there are lots of growth prospects in its core market. Chainlink is all about connecting real-world data to smart contracts. In essence, as smart contracts increase in number, so does LINK's potential. With DeFi and NFTs on a growth trajectory, LINK is a top potential cryptocurrency to buy in 2022.

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

9. Binance coin – BNB

Binance coin is one of the most stable cryptocurrencies in the market today. It has a mix of fundamentals and value growth. It is the cryptocurrency that powers the multi-billion dollar Binance ecosystem.

However, the biggest factor likely to drive BNB is the coin burn. This is the primary factor that has helped push BNB higher since its launch. It is also the key factor that could see the Binance coin rally even more, now that its adoption has its highest levels ever.

Besides, with Binance constantly launching new products that add value to the Binance ecosystem, the value of BNB can only go up in the long run.

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

How Do You Determine The Next Winning Cryptocurrencies?

Aside from the above cryptocurrencies, many others can emerge big winners in 2022. The big question now is, how do you determine potential winners? While there is no sure way to determine winners, there are steps you can take to increase your odds of winning. Some of them are as below:

Look at the tech

Cryptocurrencies are not only a way to trade goods and services; they also serve as an investment vehicle. The value of Bitcoin accumulated over time because people saw its potential in its tech as a blockchain pioneer.

Similarly, Ether can be used on the Ethereum Network, which is the world's largest decentralized programmable computer.

Both of these two cryptocurrencies have succeeded because the tech is strong. Using the same approach, focus on cryptocurrencies that have strong tech for you to succeed. The stronger the tech, the better the odds of success.

The magnitude of the market the cryptocurrency represents

All new technology means that society will change in some way. The changes can vary from big (like smartphones) or small ones such as 3D printing for manufacturing industry professionals.

In crypto, the bigger the change that the crypto can bring to the market, the higher its potential to perform well over time. Even in the past, cryptocurrencies that have a big potential market are the ones that have performed well. In essence, focus on the potential market size before investing in any cryptocurrency.

Look at the potential rate of adoption

Before investing in a cryptocurrency, it is important to look at its adoption rate and the potential for more adoption. The best cryptocurrencies are those with a high level of adoption and have the potential for more adoption. For context, Ethereum has grown to become the number one Dapps platform because it is decentralized and highly secure.

Essentially, anyone who wants to launch a Dapp is sure that Ethereum will never go down, and curtail the operations of their Dapp. This is a factor that could see Ethereum keep growing in value over the years.

By applying the same principle to other cryptocurrencies, you can find other high-potential cryptocurrencies not just for 2022 but for many years to come.

Consider the price

It's not just the price of a token that matters. How much you're willing to invest also plays an important role in determining which tokens are worth your time and money, especially if there is more than one project available with similar features but varying prices - some may be cheaper while others cost more per piece.

If you are low on capital, it would be best to go for cryptocurrencies trading in pennies or around a dollar. This helps you get more units of a cryptocurrency, a factor that can help you make more if the price moves significantly in your favour.

Besides considering the units you can get, it is important to also consider your objective out of cryptocurrency investment.

If you are a short-term investor, then you should wait and only buy when the price is down. This increases your odds of making a profit once the price goes up. However, if you are investing long-term, the price cycles don't really matter. That's because, in the long run, prices are likely to go up, making you a winner regardless of the time of purchase.

For context, anyone who has withstood the multiple Bitcoin dips since launch is in massive profit at the moment.

Consider the coin/token supply

The coin supply is an important metric when investing in cryptocurrencies. As a rule, always go for cryptocurrencies that have a fixed supply. Even better, go for coins that have a very low supply.

The rationale is simple economics – when the quantity of a commodity is low and demand rises, the price goes up. However, when there is an infinite or a substantially large amount of a commodity, buyers can easily access it without pushing up the price.

To understand the importance of token supply, the top cryptos, Bitcoin, Ethereum, and BNB all have a pretty low supply. The exception to the rule is Dogecoin which has a pretty unlimited supply. However, you must understand that Dogecoin has Elon Musk constantly pushing it. An inflationary cryptocurrency without a similar advantage as Dogecoin may never go up in price.

Look at the transaction volumes

The crypto market is a competitive one. It's important that the coin or token you are investing in has liquidity so your investment can be easily converted back into fiat currency without too much hassle and lost value.

Besides the ease of converting back to fiat, high-volume cryptocurrencies also tend to be safer. The crypto market has a lot of pump and dump scams that capitalize on the unregulated nature of the market. In most cases, it is the low-volume cryptocurrencies that are prone to such schemes.

Consider the regulatory risks

As the cryptocurrency market becomes an important aspect of the global economy, regulators are also taking a keener interest in it. As such, it is best to consider investing in cryptocurrencies that have a low regulatory risk.

One of the best metrics to help you determine the level of regulatory risk is the level of decentralization. So far, regulators, especially in the U.S, have been going after centralized cryptocurrency projects.

So how do you tell if a cryptocurrency is decentralized or not? Well, that's pretty easy. If it is a Proof-of-Stake cryptocurrency, look at the number of nodes that are supporting the network. In a Proof-of-Work network, look at the number of miners keeping up the network. The more they are, the more likely the network is decentralized and cannot be censored.

The second best way to determine the level of decentralization is the geographical dispersion of miners or staking nodes. The most decentralized networks are those whose nodes or miners are spread all across the globe. This means no single country can successfully censor such a network.

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

Best Sites To Learn And Get Started On Cryptocurrencies

The best way to win in the cryptocurrency market is to always stay on the cutting edge of information. Luckily multiple sites can give you all the information you need for you to become a better cryptocurrency trader. Some of the best areas are below:

Trading Education: Trading Education is a simplified guide on everything you need to know about cryptocurrencies. From trading strategies to a review of different cryptocurrencies, you get to learn everything in an easy-to-understand manner. Read Trading Education articles to be up-to-date on everything crypto.

Reddit: There are multiple cryptocurrency-related crypto subreddits that can give you detailed information on everything you need to know about cryptocurrencies.

The Next Big Cryptocurrency With Most Promise

Since cryptocurrency became a thing in 2009, many more cryptocurrencies have come up. A lot of them have also outperformed Bitcoin in gains so far. That said, those that performed well in the past are not guaranteed to be the winners of tomorrow.

Looking ahead, which one could be the next big cryptocurrency with top gaining that could outperform Bitcoin and the other big winners of past years?

There are lots of them, such as SAND and MANA, that have a lot of potential. These two are targeting an aspect of the market that is taunted to be potentially worth trillions of dollars. You might also want to consider ATOM and FTM for their potential to take over the Dapps market and lead the Web 3.0 revolution.

Thousands of other cryptocurrencies can give you incredible gains in 2022 and beyond. However, due to the high number of scams in the crypto market, you need to research before committing money to any cryptocurrency.

Blockchain could revolutionize the world the same way the internet did. This means with the right research; it could be an opportunity to create wealth.