What are the Next Cryptocurrencies to Explode in the Second Quarter of 2022?
It might be hard to feel confident in any tokens, with the thrashing of most of the crypto market. But here are some cryptocurrencies worth your consideration for your investing or trading watchlist.
As the months pass by, we are seeing more new coins and altcoins emerging in the crypto world. Investing in cryptocurrency is a great addition to your portfolio and can work as a store of wealth. But what are the crypto coins that can deliver healthy returns this 2022? Here’s a list of the top 3 coins to watch out for, the list can always change on a regular basis depending on their price in the market. So always do your diligent study before investing.
Lucky Block (LBLOCK)
Known as the next best crypto with innovative gaming features, this protocol operates on top of the Binance Smart Chain. CEO Scott Ryder said this project aims to boost fairness and openness in online gambling. Lucky Block is a global crypto lottery powered by blockchain technology that provides investors with chances of earning through daily or weekly draws. LBLOCK is the native token that you use within the system and acquired almost 50,000 holders in a short period of time than most crypto projects.
Lucky Block has plans for new improvements to ensure that users get continuous secure transactions each time. This month of May shows a lot of plans coming to life, as the platform continues on demonstrating its use case and utility, launching a decentralized competitions platform, and crypto games which include the jackpot prizepools. Also this month, as an incentive for LBLOCK holders or one of its NFTs, users will receive free tickets to those draws that lead to a big percentage gain. More details of this first-ever free-to-enter jackpot prize are available on their website.
DeFi Coin (DEFC)
The Defi Coin project’s goal is to be a great DEX alternative from Pancakeswap, Sushiswap, and Uniswap which can provide liquidity for crypto swaps with no middle man required. DEFC is a BEP-20 token that is included in the DeFi Swap’s ecosystem. Used for various services such as staking, yield farming, and token swapping.
Investors who buy DEFC for speculative purposes can take advantage of the static rewards mechanism of this project. This means when an investor buys or sells their DEFC, a 10% transactional tax is charged. A great way to get a steady stream of passive income, the project will distribute 50% of the collected amount from the tax back to the remaining DEFC holders. DEFC is also a great way for investors to gain exposure to the development of the DeFi Swap exchange. This trend is soaring making DEFC the next crypto to explode in 2022.
Another leading blockchain network with great rebound capability, Cardano is a popular and fast-growing technology with innovative use cases that aims for a safe and sustainable blockchain. The founder of Cardano, Charles Hoskinson designed the platform to be energy-efficient and sustain quicker transactions with minimal transaction fees.
Cardano is getting ready to become a more scalable network and this is something we need to look forward to. The new upgrade is called Vasil hard fork, this will introduce other features that will boost Cardano’s chain adoption. Next would be the Cardano Hydra which is now getting more attention too. The thriving DeFi ecosystem of Cardano is another factor that is projected to push ADA’s price to a new ATH, investors are waiting for that comeback as Cardano is set to compete with other rising crypto projects.