The crypto market is still reeling from the impact of a slow start to the year. The nascent industry has slumped more than 30% from its all-time-high (ATH) of $2.92 trillion in November 2021. However, cryptocurrencies are still the most talked-about asset classes in the investing space. This has led several investors to search for the next cryptocurrency to explode besides established names like Bitcoin and Ethereum.<\/p>\n
We have discussed below some of the best crypto you can add to your portfolio for long term returns.<\/p>\n
If you are on the lookout for the next cryptocurrency to explode, then Lucky Block<\/a> should be a top choice for you. The blockchain protocol’s use case is the most exciting part about it.<\/p>\n
Lucky Block is also based on the Binance<\/a> Smart Chain (BSC) network, which comes with the added advantage of high throughput and low fees in costs.<\/p>\n
The Ethereum<\/a>-based virtual reality platform is an exciting project and one of the next cryptocurrency to explode this year. A first mover in the rapidly expanding Metaverse ecosystem, Decentraland has been a revelation in the past 12 months.<\/p>\n
Decentraland has become a strong pull to several legacy-backed businesses, with Samsung making a stake in the protocol. With strong use cases, Decentraland has remarkable onboarding figures for protocols. One of such is Meta Lite Bar<\/a> which is currently gearing up to integrate with the Metaverse giant.<\/p>\n
Also, non-fungible token (NFT)-focused art platform ArtFi has also launched on Polygon<\/a>.<\/p>\n
Fundamental-wise, the Fantom blockchain has kept in beat with competitors and recently integrated with crypto tax reporting platform ZenLedger<\/a>.<\/p>\n
This way, Fantom users will easily calculate their taxes. Popular crypto lending platform Nexo has also recently integrated<\/a> the FTM token to its services. At press time, FTM is trading at $2.33, up 10.22% in the past day.<\/p>\n
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