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Next Cryptocurrency To Explode Monday 22nd May – Shiba Inu, Dogecoin, Kava

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The crypto market has witnessed a rise since our post yesterday.  The global cryptocurrency market cap has risen to $1.12 Trillion which signifies. Market volume currently stands at $22.57B which represents a 30.38% increase. 

The world of cryptocurrency evolves constantly due to volatility,  and as always both budding and seasoned investors require analytical navigation to understand what coins are worth the effort in terms of profitable investments. Following calculated predictions from experienced analysts, we have compiled a detailed list that answers the burning question: What will be the next cryptocurrency to explode?

Our Top Fifteen Picks For The Next Cryptocurrency To Explode Today

From the market analysis, the following cryptocurrencies have proven to be excellent investment choices as they would soon witness exponential growth.

1. Shiba Inu (SHIB)

Shiba Inu has proven to be a remarkable coin since its inception in 2020. Currently, it stands at a market cap of $5.04B. Developed mainly to create a coin primarily controlled by a strong community, it has garnered widespread success since its establishment as an ERC-20 token on the Ethereum blockchain. The Shiba Inu’s Layer 2 network known as the Shibarium transaction volume crossed over ten million this week. The development team is currently in the process of establishing Shiba’s mainnet, but the new Puppynet was made available to the public a couple of weeks ago.

In such a short period this newly launched Puppynet has completed 10.3 million transactions and processed over 921,914 blocks. The new establishment of its Puppynet proves that Shiba Inu has a strong development team open to innovations, expansions and continuous improvement. It also signifies immense promise for the upcoming mainnet, and shows that Shiba Inu is surrounded by a powerful community. The mainstream popularity of Shiba Inu has secured it a spot on the most influential trading platforms like Binance and Coinbase. Apart from the aforementioned progress report, Shiba Inu launched Shibaswap, a decentralized finance platform possessing features such as staking, liquidity and yield farming. Among its roles, it was primarily created to increase the utility of Shiba Inu. With more activity on its network, the SHIB burn rate has risen, further limiting its supply. Investors interested in this particular coin would want to hurry and get it on eToro as the tokens are just above 589.3 trillion tokens. Its large support system, dynamic developments, and token value are just a few reasons why it is considered one of the next crypto coins to explode.

2. Dogecoin (DOGE)

Widely believed to be the first memecoin, Dogecoin has proven its mettle ever since it surpassed a $1billion market capitalization in the unforgettable crypto bull run of 2017-2018. This milestone established it as the next cryptocurrency to explode. As recently as 2021/2022, it was endorsed by prominent crypto influencers, which gave it more visibility and appeal in the cryptocurrency world.

According to CNBC, Doge experienced a 30% jump after SpaceX founder Elon Musk changed the Twitter logo to Shiba Inu. Doge has also been accepted as a source of payment by the popular cinema chain, AMC Entertainment Holdings. Due to its widespread adoption, Dogecoin has been listed on prominent trading platforms such as Binance and Coinbase and continues to be a trailblazer in terms of developments through partnerships and collaborations. One of the biggest appealing factors of Dogecoin is that it has a low entry barrier which is ideal for new investors who do not have a large risk appetite. 

Dogecoin holders can also use their Doge to tip social media content creators on Twitter or Reddit. In April 2023, Dogecoin secured the number eight spot in terms of market capitalization when it reached a staggering market cap of $11.4 billion.  With its low entry barrier advantages, growth potential, and widespread adoption, dogecoin is undoubtedly regarded as the next meme cryptocurrency to explode.

3. Kava (KAVA)

Kava

Established in 2018, Kava captured the attention of the crypto world when it held its famous 2019 sale on Binance one of the leading trading platforms. The sale raised an impressive $ 3 million after depleting only just 6.5% of the entire Kava supply. This remarkable feat established it as the next big cryptocurrency. In recent times, Kava has been regarded as one of the leading DeFi projects in cryptocurrency. One of its most distinguishing traits is that it is not built on the Ethereum blockchain like most DeFi projects but on a Tendermint core. 

The use of a distinctive operating technology shows that Kava is controlled by a team of experts. This team has defined Kava as a platform that combines the speed and interoperability of the cosmos with the developmental powers of Ethereum. Kava users encase cryptocurrencies into smart contracts so they can have access to loans in USDX a native token on the platform. Cryptocurrency assets are managed through a feature in the cosmos named zones. This uniquely suited feature has led Kava to broaden cryptocurrency use for users.

 Kava still has much to unveil to the crypto community but it has proven that it is in sync with innovative exploits. Sometime last week, Kava launched its mainnet which is expected to improve speed, scalability, and add more protocols to the platform. On May 16th, the mainnet upgrade caused a forty per cent surge within the token of layer one blockchain.

With laudable innovation, a market cap of approximately $567M, and a spot in the top hundred coins, Kava is projected to be the next crypto to explode.

4. Tron (TRX)

With more than fifty million accounts and a ranking within the top 36 cryptocurrencies, Tron’s mission of decentralizing the web is moving at breakneck speed. At the time of this writing, it has soared up to 7% on the charts outranking Binance coin, Polygon, Dogecoin and Litecoin. This puts it firmly on the path of next crypto coins to explode. Tron has leveraged the use of blockchain technology to propel global entertainment primarily through those who provide entertaining content. It has become a goldmine for content creators who want their work showcased before a global audience without the usual complexities that come with finding such mainstream visibility. Crypto analysts posit that Tronix becoming a big rival to Ethereum in the realm of the crypto trading business. 

Preceding this analysis was the incredible soar of the USD coin just a month after it debuted on Tron, and this is largely attributed to the transactional speed that gives it an advantage over other cryptocurrencies with higher mainstream popularity. Transaction fees are calculated with bandwidth and energy and each user is entitled to fifteen free transfers. This feat has endeared Tron to a lot of crypto users and investors. Tron’s powerful infrastructure for decentralized applications, easy accessibility, speedy transactions and impressive scalability make it one of the next cryptocurrencies to explode. Tron can be accessed via eToro.

5. Apecoin (APE)

*ApeCoin

While Apecoin is widely regarded as a newcomer in the fiercely competitive world of cryptocurrency, it garnered sizeable attention as the next crypto to explode when it overthrew Decentraland’s MANA just a month after its debut. Apecoin emerged as the backbone of exclusivity and the power of NFTs, standing tall on the Ethereum blockchain technology. It is widely recognized as an ERC-20 token that enables its users to gain access to a variety of services available within the APE ecosystem. Apecoin is embedded within the top 40 coins due to a staggering market cap that is just above 1.2 billion. Its exclusivity within the founders of the BAYC NFT collection has given it a strong team who are dedicated to the broad goal of making the coin the centrepiece of art, gaming, entertainment, and events on blockchain technology. 

Its laser-focused decentralization purpose has led to partnerships and collaborations that would pave the path for more innovative projects in future. The APE foundation facilitates community-led governance within the APE ecosystem as it continues on the path to total decentralization. Potential investors can access this coin through eToro, and start staking after connecting their crypto wallet. Its trailblazing features, decentralization mission, strong community and receptiveness to innovation give Apecoin its status as the next big cryptocurrency.

6. Decentraland (MANA)

Decentraland might have begun as an experimental project on virtual real estate by blockchain professionals. However, since its inception in 2017, it has never lacked popularity. As an incentivised three-dimensional global network, Decentraland has become a core part of the metaverse, as well as there is a lot of features that give users a multidimensional feel of the virtual world. Users can bask in the versatility that introduces them to gaming, asset trading, and attending virtual events. Most impressively, it gives users full autonomy over their environment, and users can even vote on the game and organizational policies.

 A positive side effect of this benefit is that by validating the collective voice of those who use it, Decentraland has created a powerful community and can boast of an exponential rise in adoption. In March 2023, Decentraland had an estimated market valuation of $1.1B. This was made possible after widespread usage of its native token soared. MANA, an ERC-20 fungible token gives users innumerable opportunities to create products and services within the virtual world and monetize such content. Investors who can take advantage of its income-generating possibilities can find it on eToro.

7. Conflux (CFX)

Conflux is one of the rare coins setting the pace in innovation by improving scalability. In accomplishing a broad mission to enable blockchain technology to flourish and thrive without borders, Conflux has been immersed in strategic partnerships. Most of its collaborations crisscross sectors, and have given Conflux moderate prominence within finance and decentralized applications. 

These achievements secure Conflux a spot as one of the next crypto coins to explode. Its transition from a testnet to a mainnet in 2022 was applauded by analysts and this transformed it into a solid blockchain network. To build a large integrated community, Conflux launched an ambitious ambassador program. It allows users to grow the Conflux ecosystem through educational content. Conflux makes use of a reliable PoW consensus to provide high-level security and anti-reentrance protocol. Its tree graph consensus algorithm has been programmed to make use of parallel processing of blocks and transaction times. This speeds up transactions and gives conflux massive appeal to investors. 

In terms of scalability, Conflux has diminished the consensus bottleneck that characterizes other blockchains without sacrificing decentralization or security. Its native token the CFX has also witnessed a surge in exponential adoption and currently has a market cap of approximately $1.1 billion. Its outstanding qualities, support, development, and transformation make Conflux the next big cryptocurrency.

8. Render Token (RNDR)

Render token is the native token of the render network that has emerged as one of the leading providers of GPU-based rendering solutions. The Render Network has been dedicated to the construction of a more powerful and reliable network where users can perform render jobs for those with idle GPUs and be rewarded with RNDR tokens. Which is why it is one of the next crypto coins to explode. Render has pioneered digital rights management through blockchain technology and ledger-based storage.

 Artistic individuals and content creators can now make use of a global storage location to ensure the perseverance of their creativity through access to the computational power of GPU. The render tokens were built on the Ethereum blockchain and are being used to facilitate payments of motion graphics, animation and VFX rendering. While render token bridges the gap between supply and demand, it has soared to a market capitalization of over $1.1 billion.

Since RNDR is permanently lodged within the blockchain network, it absorbs the interoperability and security of Ethereum. Token holders can preserve render tokens in any ERC-20 wallet for as long as they want. The first blockchain rendering network in the world on blockchain, RNDR has an all-inclusive community, a solid spot in the top fifty cryptocurrencies and immense investment opportunities.

9. RobotEra

RobotEra has created boundless opportunities within a shared multiverse that connects other worlds. But beyond being just a play-to-earn game, users and interested investors can generate income from it through mining resources and exploring the multiverse and all it offers. Operating as a decentralized platform, RobotEra aims to keep its users interested through expanding innovations that prove the limitless possibilities of the virtual world. 

RobotEra has built an integrated community by allowing users to collectively be a part of the decisions that *shape the ecosystem through the use of the DAO governance protocol. Those with creative or outstanding ideas are rewarded for their growth contribution towards the metaverse. RobotEra is still in its presale phase which will only end when ninety million tokens have been sold. So far it has pulled in more than 1.2 million in sales so far. New investors and users are encouraged to participate due to its attractive pricing and profitable benefits.

 The metaverse is projected to grow at a staggering rate and accumulate a market value of at least eight trillion dollars by 2030. RobotEra provides unique opportunities like a low entry barrier for millions of metaverse enthusiasts to be a part of.

10. Copium (COPIUM)

Copium’s eruption within the crypto space through a hyped presale has been astonishing, to say the least. Launched on May 18, it sent shockwaves coursing through the crypto world when it accumulated more than $40 million in less than 24 hours after it launched. Of course, this massive feat cemented its position as the next big cryptocurrency. Although with a market cap of just a little over $5M, there is still room for tremendous growth. 

However, with leading crypto influencers steering Copium towards the halls of coin prominence, there is no doubt that an upgrade is imminent. The Copium strategy makes use of airdrops to lure investors. Recently, the top 200 holders airdropped a Copium tank with 30 ether already spent. This happened despite the decision of many of the owners to hold. Copium was established not just as a token but as a movement steeped in humour, fellowship, and the difficulties that arise with navigating the world of cryptocurrencies.

 This foundational element has turned it into a thriving and vibrant community-driven whole, which makes it ideal for beginner investors.

11. Spongebob (SPONGE)

SpongeDerived from the 24-year-old classic cartoon character, this meme coin has been making waves since it was listed on Uniswap on May 4th. Spongebob is part of the new wave of meme coins that have reportedly soared to $2.3 billion. This is just one of the reasons why it is the next meme cryptocurrency to explode. Built within the Ethereum network, SpongeBob’s performance has been highlighted by the price spike of 800%. Like most coins, it is operated by a dynamic team who describes the token as the “Krabby Patty” of meme coins. 

A distinctive factor of this token is that there is a target audience. Those who watched the cartoon growing up, and are currently investing in cryptocurrencies are drawn towards the coin out of pure nostalgia. Despite being the new kid appearing on the blockchain scene, sponge on is sending ripples through the crypto atmosphere by managing to stand firm in the face of brutal volatility. Currently priced at 0.0004646, with a circulating supply of 24.6 billion tokens, investors would be wise to jump on the Spongebob wave and engage in the ongoing airdrop.

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Smog (SMOG) - Meme Coin With Rewards

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