The cryptocurrency market has continued to proliferate in 2022, now boasting a valuation of over $1.3 trillion. By April 2022, the global supply hit about 190 Billion USD. As the market grows, a growing number of exciting projects can be introduced and profit from investor interest, resulting in both short-term and long-term price increases that are impressive.
In light of this, this guide explains the cryptocurrency that will take the world by storm in 2022. It will highlight the projects with the best price prospects before demonstrating how to invest in the best new cryptocurrency right away from your computer, tablet, or phone.
So, without further ado, let’s dive right into the best new cryptocurrencies you should consider investing in as they are set to explode!”
The Top 8 Coins That Are Expected to Explode in 2023
Below are the eight coins that have the potential to make you rich in 2023.
- Tamadoge
- Lucky Block
- Green Satoshi Token
- Pecore Network
- Ethereum
- Cardano
- Ripple
- ApeCoin
1. Tamadodge
As a component of the Tamadoge play-to-earn metaverse game, a new cryptocurrency called Tamadoge (TAMA) was developed. This one is the best in the game so far. Players can mint NFT pets in Tamadoge and then care for them as they develop into unusual adult creatures.
Players can engage in combat with these NFT pets once they reach adulthood, earning Tamadoge coins as a result.
In this ecosystem, the TAMA coin is crucial. Players can use it to buy accessories that will strengthen their pets or mint more pet NFTs from the in-game market. The more Tamadoge you have in your pocket, the more pets you can grow, mint, and battle.
The tokenomics that underpin this dog cryptocurrency are what make the Tamadoge coin so interesting. A total of 2 billion coins will be available for Tamadoge, half of which will be used for the presale.
A global cryptocurrency exchange used by more than 20 million investors, OKX, will list Tamadoge. TAMA will be accessible to all users, regardless of any geographic restrictions, on both the centralized and decentralized exchanges of OKX.
TAMA may rank among the most promising cryptocurrencies to invest in 2022, thanks to the increase in trading volume that token listings may bring.
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2. Lucky Block
Another idea that could be the next potential cryptocurrency to explode is Lucky Block. After the project’s January launch, Lucky Block has emerged as one of the most talked-about cryptocurrencies this year.
Simply put, Lucky Block is a platform for cryptocurrency and NFT competitions, offering unmatched prizes like a $300,000 Lamborghini, a $1 million home, and $1 million in Bitcoin at the moment.
Due to this distinct strategy, when Lucky Block (LBLOCK) launched on PancakeSwap earlier this year, investors flocked to buy it. The price increased by over 3,000% from the presale price as a result of the hype, giving LBLOCK a market cap of more than $750 million.
The incredible thing was that Lucky Block’s prize draws had yet to begin, underscoring the excitement for this project. At the end of May, the first jackpot was finally paid out, and two winners split more than $1 million worth of Lucky Block.
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3. Green Satoshi Token
The STEPN ecosystem is supported by the Green Satoshi Token, a Solana-based token. For those who don’t know, STEPN is the first “move to earn” app in the world that allows users to earn rewards for walking, jogging, or running.
Green Satoshi Tokens, which can be used to upgrade users’ NFT sneakers, are used to distribute these rewards.
Since all users need to have a pair of these sneakers in order to take part in the “move to earn” gaming, they are essential to earning rewards. Additionally, users who don’t own a pair of sneakers can rent them out to other users, earning the owner a portion of the total GST.
The Green Satoshi Token appears to be destined to remain a well-liked token for years to come, thanks to STEPN’s distinctive features.
4. Pecore Network
Pecora Network describes itself as a “Web3 decentralized social finance (SoFi) platform,” enabling users to use blockchain technology to offer freelance services.
Pecora Network aims to lower or eliminate the fees associated with other freelance platforms because smart contracts will enable these services.
Other services provided by Pecora Network include the ability to communicate with other independent contractors and borrow/lend PEN, the network’s native token. Last but not least, because Pecora Network is a decentralized autonomous organization (DAO), PEN owners can actually influence how the project is run.
5. Ethereum
According to CoinMarketCap, Ethereum is the second-largest cryptocurrency in the world. It has emerged as the network of choice for dApp developers to build their platforms. This is a result of Ethereum’s smart contract functionality, which in numerous circumstances, eliminates the need for a centralized intermediary.
However, recent high GAS fees on Ethereum have compelled dApp developers to look elsewhere.
With the rumored transition to “Ethereum 2.0” in the coming months, all of this may be about to change. The network will switch to a Proof-of-Stake system and use sharding in Ethereum 2.0, greatly enhancing scalability and lowering network fees.
6. Cardano
Cardano is another project that might spark the next cryptocurrency bull run. Cardano is a blockchain platform that aims to develop into the “Internet of Blockchains,” according to Forbes.
Charles Hoskinson, one of the Ethereum co-founders, founded this project with the goal of making Cardano more scalable, interoperable, and sustainable than the industry’s top networks.
Cardano uses a “Proof-of-Stake” (PoS) consensus mechanism, which significantly lowers energy consumption when creating new blocks, in contrast to popular cryptocurrencies like Bitcoin and Ethereum. Cardano’s smart contract functionality works well with this, making the network a strong alternative for dApp developers.
7. Ripple
Following some encouraging news regarding the network’s ongoing legal battle with the SEC, Ripple might be the next cryptocurrency to take off in 2022.
As you may already be aware, Ripple is the company that created “RippleNet,” a decentralized payments platform that enables quick and inexpensive exchanges of different currencies.
The use of XRP, which serves as a “bridge” between the two currencies, facilitates the process. Due to this strategy, RippleNet has been viewed as a logical replacement for the outdated SWIFT network, which can sometimes take up to three business days to process payments.
It becomes clear that now might be the best time to buy XRP before the coin explodes once more when these factors are added to the positive press surrounding Ripple’s lawsuit.
8. ApeCoin
Look no further than ApeCoin if you’re interested in looking for the next big cryptocurrency with potential. The Bored Ape Yacht Club (BAYC) collection, one of the most expensive NFTs, is closely associated with the ERC-20 token known as ApeCoin.
BAYC NFTs had garnered incredible attention from A-list celebrities, leading to much hype when ApeCoin was released earlier this year.
ApeCoin was not created by the people who created BAYC, but it is now the native token of the metaverse platform called “Otherside,” which was introduced by Yuga Labs.
ApeCoin has been incorporated into other mobile games in addition to this upcoming virtual world, offering much-needed use cases. APE still doesn’t have much utility, but it can still profit from the massive community.
Summing It Up
This article has examined every aspect of the next cryptocurrency that will take the world by storm in 2022, highlighting the projects with the most significant long-term price potential.
Tamadoge, a brand-new metaverse project with P2E features, is paving the way in this area. After selling out its cryptocurrency presale, Tamadoge made $19 million. Soon, Tamadoge, a promising cryptocurrency, will be listed on OKX, a centralized and decentralized exchange. So, isn’t it a great idea to invest in it? After all, it can potentially make you a hero in your crypto gang.
I would advise you to try Crypton CRP from Utopia p2p if you are interested in decentralized technology. It is the only decentralized blockchain where Transaction Explorer cannot be implemented.