Bitcoin has been the leading cryptocurrency for a while now, but there are many other cryptocurrencies that have not received enough attention. These cryptocurrencies could be your next big investment. Here is a list of 20 next cryptocurrency to explode in years to come.
20 Next Cryptocurrency To Explode
1. Monero (XMR)
Monero was launched in 2014 as a secure, private and untraceable cryptocurrency that employs the use of cryptography to conceal information about its senders and recipients. Its main attraction among investors is that it offers complete anonymity to all transactions on its network.
2. Dash (DASH)
Dash is a cryptocurrency launched in 2014 as Darkcoin. It was rebranded to Dash, which stands for Digital Cash, in 2015. This open-source peer-to-peer cryptocurrency offers more anonymity than Bitcoin and other major digital currencies.
3. Stellar (XLM)
Stellar is a blockchain-based P2P distributed ledger technology designed for sending and receiving cross-border monetary transactions quickly and efficiently on a global scale. This open-source network has its own cryptocurrency called XLM, which serves as a medium of exchange on this platform.
4. HBAR (Hedera Hashgraph)
HBAR is a third-generation cryptocurrency that uses the Hashgraph algorithm for anonymity. This means that it will deliver unmatched speed, security, and fairness to its users. It has already offered an impressive return on investment (ROI) to early investors.
HashGraph is a distributed consensus platform that is based on Byzantine fault tolerance (BFT). Its design allows it to process thousands of transactions per second (TPS). Plus, using what’s known as ‘virtual voting’ makes this system significantly faster than blockchain platforms like Bitcoin and Ethereum. Additionally, because of virtual voting, HBAR can offer high transaction throughput while maintaining ironclad security and safety for its transactions.
5. NEO (NEO)
NEO was launched in 2014 as AntShares by Da Hongfei to create a blockchain for smart contracts. It also has its own cryptocurrency called NEO, which signifies the ownership of this decentralized network. The company rebranded itself last year and since then NEO has been attracting investors due to its multiple potentials.
6. Waves Platform (WAVES)
The Waves Platform was launched in 2016 as a decentralized blockchain platform focused on custom token creation and trading. This open-source distributed ledger has its own cryptocurrency called WAVES, which serves as a medium of exchange on this network.
11. EOS (EOS)
EOS was launched in 2015 as a decentralized software platform that enables Smart Contracts and Distributed Applications to be built and run without any downtime, fraud, control or interference from third party. This open-source distributed ledger has its own cryptocurrency called EOS, which serves as a medium of exchange on this platform.
EOS is a blockchain technology and cryptocurrency designed to facilitate the development, hosting and execution of decentralized applications (dApps). EOS was launched as an ICO in June 2017 and has quickly become one of the top 15 cryptocurrencies due its market capitalization. This open-source distributed ledger has its own cryptocurrency called EOS, which serves as a medium of exchange on this network.
11. Vechain (VET)
Vechain a cryptocurrency that aims to revolutionize supply chain management processes by bringing blockchain technology to bring transparency with no control and allows for greater security, efficiency and ease of tracking products in a given supply chain, while reducing cost through trustless automation.
12. Digibyte (DGB)
DigiByte is an open source and asset creation blockchain platform that was founded in 2013. As a fork of Bitcoin, development began in October 2013 and the genesis block of its DGB token was mined in January 2014, it is a public blockchain and cryptocurrency that employs five distinct algorithms to increase security, capacity, and transaction speed of the Bitcoin blockchain.
13. IOTA (MIOTA)
IOTA is an open-source distributed ledger focused on providing secure communications and payments between machines on the Internet of Things (IoT). IOTA’s digital currency is called MIOTA, and it was designed to provide fee-less micro-transactions between IoT devices.
14. ICON (ICX)
The ICON Network is a general-purpose blockchain protocol that can run smart contracts, adopt the BFT-DPoS consensus protocol and use DPoC economic governance. The network’s engine called loopchain has the ability to handle hundreds transactions per second as it powers thousands of decentralized applications (dApps).
With ICON’s “blockchain transmission protocol,” independent blockchains like Bitcoin and Ethereum can connect to each other without any intermediaries. This allows for all sorts of new cross-chain use cases that could not be possible without an interoperability layer like ICON.
15. Siacoin (SC)
Sia is a decentralized cloud storage platform that uses its native token SC. Through smart contracts, users can sell their extra storage, while hosts can earn money by leasing their free space. The Siacoin network has the potential to disrupt the cloud storage industry and it is already competing with some of the big names in this market (such as Dropbox)
As you would expect from a cryptocurrency project that focuses on storage, Siacoin’s protocol is incredibly robust! Next to its decentralized nature, it also offers lower latency than traditional cloud providers thanks to its use of parallel algorithms. It all sounds pretty amazing right? Well there is more….
16. NEM (XEM)
NEM, or New Economy Movement is a blockchain-based P2P distributed ledger technology and it was launched in 2015. This open-source platform has its own digital currency called XEM, which serves as a medium of exchange on this network.
17. Qtum (QTUM)
Qtum is a decentralized blockchain project built on Bitcoin’s UTXO model, with support for Solidity smart contracts, and secured by a proof of stake consensus mechanism. It achieves this through the Account Abstraction Layer(AAL) which allows the EVM to communicate with Qtum’s Bitcoin UTXO (Unspent Transaction Output) blockchain.
In simple terms, the UTXO protocol allows for each part of a transaction to be fully validated before being put into place, whereas an AAL allows software to communicate with each other without having to connect directly, thus expanding the number of possibilities for developers who wish to create amazing new projects.
Qtum has differentiates that separate it from its competitors, including: an unspent transaction output (UTXO) blockchain, a proof-of-stake consensus protocol, and support for smart contracts written in mainstream languages, such as C++ and Rust. This means developers across the world can write smart contracts on Qtum without having to learn new programming languages or frameworks
18. Cosmos (ATOM)
Cosmos Coin or otherwise known as ATOM, is a cryptocurrency which focuses on providing fast transactions. It is a peer-to-peer network that aims to “relieve” blockchains from handling complex transactions. it’s designed to offer an efficient solution for projects looking for a better way for cross-chain interoperability.
The platform implements Tendermint Core into their blockchain. This allows for high-performance applications with less power consumption and also provides security at a lower cost for developers to run these applications. It also offers stability since it prevents many problems found in other blockchains such as forks, attacks, double spending etc. Because of all this Cosmos becomes one of the leading currencies in crypto space.
19. Lisk (LSK)
20. Tron (TRX)
Tron (TRX) is a new cryptocurrency that takes decentralization to the next level! The main developer of this amazing coin wants to create a free, global entertainment system that will allow users to trade digital assets and share in the profits.
Tron is another cryptocurrency like Bitcoin but with its own unique features. It aims at not only providing users with secure and decentralized blockchain platform for data exchange but also forming peer-to-peer content entertainment ecosystem. The main stage where this idea seems to be coming into play is ensuring entertainment fans get what they want from their favorite content creators without third parties taking away from the value.