Investing in cryptocurrency can be hugely profitable for those that make the right decisions. Choosing the correct digital currencies to trade can be quite a challenge, though. It’s for that reason that many investors want to know what the next cryptocurrency to explode is. So, which crypto is shooting for the moon in 2021 and 2022? Here’s the latest on the volatile world of altcoins, tokens, and NFTs.
What crypto is going to the moon? (2021/2022)
Cryptocurrencies like Bifrost (BFC), Solana (SOL), and Cardano (ADA) are positively trending with consistent gains. All of these examples are crypto native to a blockchain or middleware program, granting them added stability over competitors. While other digital currencies might explode and shoot for the moon in the short term, many fizzle out before offering more significant gains over a longer period of time.
BFC belongs to the Bifrost middleware program that enables multichain technology. As the tech receives adoption on a wider scale, its native crypto may well follow suit. Bifrost (BFC) is up 290% in the last week and 1339% over the past month. At a current valuation of $0.5474, it’s still quite affordable.
Cardano (ADA) is a blockchain platform with a positive message, setting out to change the world for the better. Pitching to “changemakers, innovators, and visionaries” is clearly working as ADA is up 23% over the last seven days and 115% in the last 30 days. The current price is $2.51 — the backing of a blockchain platform should give this valuation more stability than most standalone cryptocurrencies.
SOL is native to the Solana blockchain, and easily the most well-known of the examples. SOL ranks #10 overall and currently sits at a value of $72. The token hit its all-time high this month thanks to explosive growth, largely thanks to the growing adoption of its parent blockchain. It’s the most expensive investment, though, should the Solana blockchain continue to prosper, so too should its native SOL crypto.
Of course, there are still no guarantees that these cryptocurrencies will stay on the increase. The market is incredibly volatile and notoriously hard to predict, so traders invest at their own risk.
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