What's the next cryptocurrency to explode this year?
In this video, we'll talk about the next crypto projects that will explode in 2022, focusing on the coins with the highest price potential.
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In just 10 years, crypto-currencies have transformed into the highest paying investment class. And while their global market capitalization has surpassed $2 trillion and cryptos like Shiba Inu have helped investors multiply their capital by 50,000 times, many early adopters have been able to climb the social ladder.
After witnessing the many success stories in crypto-currency investing, everyone now wants to replicate the same in their transactions. They are looking for the next crypto-currency that will explode in 2022. The fact that you are watching this video right now indicates that you too are looking for the most promising crypto to buy today.
But in a space with over 19,000 crypto-currencies, how do you focus on the coin most likely to explode?
So, let's take a look at what we think are the next crypto-currencies to explode. And we've already covered most of them, so we're going to focus mainly on their updates. And tell you why we think they're going to explode this year.
Of course, the first crypto project that we think has a very big potential is PulseX.
What's so good about PulseX? First of all, you have an asset that generates revenue. You have a token that generates revenue, it uses it to buy and burn. Now, if we look at the price, let's say the price of PulseX starts with a market capitalization of say $4 billion, or a little bit more than the sacrifice price, that's already a substantial return for those who sacrificed. Some will get 2X, some will get 3X and some will even get 4X. With that kind of valuation, it makes a lot of sense to get into it because that means that PulseX will be extremely cheap, and we think it will start with a very cheap valuation because if you look at what's going on with Uniswap right now, Uniswap, even though we're in the bear market, it's got $8 billion of trading volume over 24 hours. And in 24 hours, the fee amount is $1.3 million.
That means they generated a million dollars on a bad day, right? And obviously, about 750,000 of that goes to the liquidity providers.
Now, if you were to get the same numbers with PulseX, some of that would go to an address with no hope of profit and some of that would go to buy and burn.
So, what we're trying to get across here is that PulseX doesn't need to bring new people on board. All it needs is to keep having people trading on the platform, which will most likely happen because it will be the most liquid decentralized exchange on the PulseChain blockchain.
So, you're going to have an asset that generates revenue and uses that revenue to buy back and burn some of those PulseX tokens, making them more valuable.
Of course, you can't talk about PulseX without talking about PulseChain. The two go hand in hand.
The test network has been online for a few months, and a new block is created every two seconds.
Like PulseX, PulseChain is going to represent a massive opportunity if it launches in the near future.
We think a lot is potentially going to happen with this crypto-currency project. It will be very interesting to see how PulseX and PulseChain evolve.
Now let's talk about the other altcoins projects.
It's getting harder and harder to know which project to invest in, so let's share with you the most common assets held by crypto funds.
An article published by messari.io shows that the most held crypto-currency is Polkadot. The reason why these crypto funds hold Polkadot is because they know that Polkadot is a safe bet.
And if we look at the charts of Polkadot, Polkadot is incredibly undervalued for one simple reason, and that is that it's literally back at $7.83 where you could have bought it almost two years ago. Here's one reason why we think Polkadot is a great value. If you didn't understand what we were talking about, just know that it is highly unlikely that all of the hedge funds in these companies will sell their Polkadot at such a low price. They will be incredibly at a loss.
Now you want to know what other coins to have on your watch list? Polkadot isn't the only altcoin that crypto funds hold.
Due to the public nature of blockchains, the holdings of prominent investors are accessible to anyone.
Many of the top crypto venture capital firms hold Terra (LUNA), Near (NEAR), and Oasis Network's ROSE coins, according to a Messari report.
Following Polkadot, ROSE, NEAR, and LUNA tied for the second most commonly held asset in portfolios.
There are also several other protocols like Avalanche, keep network, Mina protocol, the graph, and uniswap. So, these are some of the most commonly held crypto coins by some of the biggest players in crypto today. Now, this doesn't mean that you have to copy these wallets. No, you need to do your research and you need to understand that they are still very risky.
ApeCoin also makes it to our list of the next cryptocurrencies to explode in 2022 because of its massive popularity. It also makes it here because of its stellar past price action and the level of development taking place in the ApeCoin ecosystem. In the three months that it has been around, it already has an ROI exceeding 500%.
ApeCoin also has one of the most active communities of followers. These range from A-list celebrities to the most popular crypto influencers. It's crypto products, from the altcoins to NFTs and even the recently launched virtual lands have always been oversubscribed. All these have had the net effect of pushing up APE token prices.
In the short term, a recovering crypto market and the APE community are expected to ignite the token’s price explosion. And over the longer term, the launch of more products like a recovering crypto market and developments on the network like the anticipated ApeCoin mainnet will spur future value gains.
Another project that we absolutely must talk about, and that we think will explode this year, is MoveZ.
MoveZ crypto is starting to hit some major exchanges. This new token is listed on the OKX and Bybit exchanges as of June 10. And based on the number of social media followers this new project has amassed, interest is expected to be high.
At last check, the MoveZ crypto Telegram page had more than 66,000 subscribers. And its Twitter feed (which is just a couple of months old) has more than 115,000 followers. That’s more than some of the top 10 cryptos in terms of market cap have. So, if nothing else, kudos to the MoveZ marketing team.
But what's the actual point of this new token you might be asking. Well, it's designed to motivate users to be more active. Something most of us could use a little help with. This token will be the governance token of the forthcoming MoveZ application. According to the lite paper, this application is based on a move-to-earn model. Users will earn crypto tokens by simply moving.
But it’s worth noting that this project has just entered the first phase of its business plan. For now, we’ve only got access to the MoveZ crypto token. And naturally, it’s a very speculative investment. But maybe (just maybe) early investors that pick this token up for a fraction of a cent could see a big swell in value once the app hits the market.
That's the main reason we think MoveZ will explode this year.
But you shouldn't take what we say as investment advice. You should always do your own research before making decisions.
We hope we were able to provide some value and helped you to move a step ahead in your crypto journey Be sure to check out our Crypto Brand called Cryptopreneur, get yourself the highest quality Crypto Merch available right now on the market, and make sure to subscribe so that you don't miss out on any of our content. Till next time, Goodbye.