Planning to invest in cryptocurrency, you won’t know which is the best cryptocurrency to invest in for 10x in august 2022? If so, we’ve made it easy with this video with the five best explosive projects to try this month.
Let's take a look at our best explosive projects for august.
Each offers a complete, compelling use case and investment chance. Now, we’ll analyze these cryptos in detail.
Watch this video till the end, so you don’t miss anything.
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Now, let's get started.
#1: Dogecoin (DOGE)
The very first crypto project is Dogecoin.
Indeed, Dogecoin was one of the most popular cryptos to buy last year. After all, Elon Musk continually tweeted about it in a positive direction. And that helped the meme coin gain huge returns. For example, at the beginning of 2021, Dogecoin sold for just $0.002.
Fast forward to May 2021 of the same year, and Dogecoin beat fresh highs of about $0.76 per coin. That earned gains of over 19,000% in a matter of five months. However, the value of Dogecoin has since taken a marked downturn, with its cost striking 52-week lows of just $0.06 which is actually its price at the time of this recording.
Nevertheless, as a long-term asset, the Dogecoin fee prognoses count the meme currency to surpass $1 by the end of December 2022. So, if you believe in this project, investing in Dogecoin now at a huge discount could give you a huge return given the upside prospect.

#2: Bitcoin (BTC)
The next up is Bitcoin.
Bitcoin has been about the most extended of any cryptocurrency. With its fee and market cap much higher than any other crypto investment alternatives, we can see why it’s the leader.
Bitcoin has seen a lot of bad news that has caused its price to fall from its all-time high, and at the time of recording this video, bitcoin is sitting on $23,000.
However, Bitcoin is still a smart investment. Likewise, many businesses already endorse bitcoin as payment. For example, Visa transacts with bitcoin. Also, Stripe will allow clients to accept bitcoin payments after a four-year cryptocurrency break. The bigger banks have also begun to combine bitcoin transactions into their offerings.
Furthermore, while Tesla briefly accepted bitcoin-only, it might again become more environmentally friendly if mining.
Thus, in a step toward that end, Blockstream and Block, previously known as Square is projecting a bitcoin mine in Texas that will be fully powered by Tesla’s solar array and Megapack battery.
Bitcoin also increased in May, when the Luna Foundation Guard confirmed it would make Fortune reported $1.5 billion in loans denominated by bitcoin and terra USD to stabilize the latter. In addition, VanEck seeks to stabilize a bitcoin exchange-traded fund, although the Securities and Exchange Commission rejected the company’s first application. We hope that things will be better soon. This could be the help bitcoin needs to reach its $100,000 goal by the end of the year.
#3: Ethereum (ETH)
And the next one is going to be Ethereum.
Ethereum is a network that permits creators to produce their cryptocurrency and deploy smart arrangements utilizing the network. While Ethereum is far behind bitcoin’s significance, it’s also far ahead of the other competitors. Even though it reached out years after other cryptocurrencies, it has surpassed its place in the market because of its special technology.
Correspondingly, it’s s the most popular blockchain and the second-largest cryptocurrency behind bitcoin. Moreover, it stands to gain even more ground once an upgrade nicknamed “The Merge” is fully deployed. The upgrade, planned for August, will shift Ethereum to a proof-of-stake-based consensus that will reduce the number of coins and render mining obsolete. The Merge is also hoped to reduce Ethereum’s energy consumption drastically.
Of course, this will be more difficult if PulseChain is launched before this Ethereum update. Indeed, PulseChain will offer better features in our opinion. But crypto is unpredictable, you never know what to expect.
Although ether doesn’t have the widespread acceptance of bitcoin, traditional companies are coming on board. Loyalty, for example, is bulking up its tech workforce to make the infrastructure needed to present Ethereum custody and trading services to its clients, The Wall Street Journal reported. This update will give the Ethereum project a boost and potentially Eth will increase in value. This is why you should consider investing in Ethereum this month.

#4: Hedera Hashgraph (HBAR)
Another explosive crypto project to keep on eyes is Hedera Hashgraph, also known as HBAR.
Hedera Hashgraph is one of the top new cryptocurrency releases for 2022. Unlike many of the most undervalued cryptos, Hedera Hashgraph isn’t actually a blockchain-based project. Instead, it is a network using a directed acyclic graph (DAG) protocol that makes transaction speeds faster as more transactions are completed.
This network has scaled hugely over the past year and now claims to be able to handle over 100,000 transactions per second. Hedera Hashgraph’s primary use case is payment processing, as it looks to rival companies like Visa within this area. Furthermore, since the network has full support for smart contracts, developers can even launch new and exciting dApps within various niches.
Multiple factors are driving the growth of Hedera Hashgraph. Taking into account the most recent among them can help us make an accurate HBAR price prediction.
As example, Hedera Hashgraph recently launched their debut NFT marketplace by the name “Hash Axis”. The platform operates only in HBAR, thus relying solely on hashgraph-based transactions.
Swirlds Labs is a recently established incorporation founded by Dr. Leemon Baird and Mance Harmon, the minds behind Hedera. This incorporation was established with the sole motto of the development and improvement of the Hedera Network. On May 1, 2022, the founders resigned from their respective designations in Hedera to join as co-CEOs of Swirlds Labs. This move can be ascertained as a big step towards the growth of the Hedera Network in the coming future.
Elon Musk’s Tweets are another reason behind the rising popularity of HBAR. On 22nd Feb 2022, Musk tweeted the official symbol of the token, which caused quite a stir among his over 100 million followers to learn about HBAR coin.
Many investors are optimistic however that in the long-term HBAR can set new highs.

#5: Fantom (FTM)
And the last one on our list is Fantom (FTM).
Fantom could potentially be the best new crypto for 2022 due to its appeal relative to ‘legacy’ blockchain platforms. Put simply, Fantom is a blockchain network that uses similar technology to Hedera Hashgraph, enabling it to offer lower fees and faster transaction speeds than other networks. Investors who buy Ethereum will attest that this has become a significant issue over the past year.
Another great aspect of Fantom is that it is compatible with the Ethereum Virtual Machine (EVM), meaning dApp developers can port their applications over to Fantom if they wish. There are already numerous popular dApps on the Fantom network, such as SpookySwap and Fantom Finance. Given the continued delays for Ethereum’s ‘Merge’, Fantom could be one of the best new crypto coins within the blockchain space.
Now let's draw your attention to an important point.
The information provided in this video is solely our opinion and not investment advice – it is provided for educational purposes only. Do conduct your own research and reach out to financial advisors before making any investment decisions.

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