Cryptocurrencies provide financial opportunities to users. However, the most enticing aspect of crypto assets is the opportunities they offer investors to earn profits. Over 10,000 cryptocurrencies exist in the crypto market, but this article provides investors with the next cryptocurrency to buy for 10x returns. Keep reading to learn more about these assets.
1. Lucky Block (LBLOCK)
LBLOCK is a crypto gaming token that took the crypto market by storm when it launched in January 2022. The crypto asset accomplished an impressive milestone only three weeks after launch as it recorded a 1500% increase in price.
This feat resulted from Lucky Block’s agenda to solve some of the pressing issues of the gaming sector, like transparency and fairness. Lucky Block aims to provide transparency to the process of picking winners during weekly draws, using a randomized system of selection. This system gives all players a fair chance at winning and improves trust.
Lucky Block aims to keep on giving to its users. Recently, Lucky Block announced the start of a $1m giveaway to all its players. LBLOCK holders who connect their wallet to the site are entitled to a free entry daily. This benefit for holders of the digital asset improves the adoption rate of Lucky Block.
An increase in the adoption of the platform will onboard more users and increase its token’s value in the market. This is the reason LBLOCK is the next cryptocurrency to buy for 10x returns.
LBLOCK currently trades at $0.0008, which is below its All-Time High (ATH) of $0.01. However, this downtrend presents a great opportunity for investors to buy the asset and rise with the market when it flips bullish.
Lucky Block – Our Recommended Crypto of 2022
- New Crypto Games Platform
- Featured in Forbes, Nasdaq.com, Yahoo Finance
- Worldwide Competitions with Play to Earn Rewards
- LBLOCK Token Up 1000%+ From Presale
- Listed on Pancakeswap, LBank
- Free Tickets to Jackpot Prize Draws for Holders
- Passive Income Rewards
- 10,000 NFTs Minted in 2022 – Now on NFTLaunchpad.com
- $1 Million NFT Jackpot in May 2022
2. DeFi Coin (DEFC)
DeFi Coin is a community-driven fair launched DeFi token focused on improving decentralised finance opportunities for its users. The token has three basic functions: reflection, burn, and liquidity provider acquisition. Through reflection, users can earn passive income as DEFC grows and builds adoption.
To further enable users to have access to decentralised finance opportunities, DeFi Coin has launched its Decentralised exchange (DEX), DeFi Swap. The DEX is focused on providing an alternative means to centralised exchanges for investors to access crypto assets. Using DeFi Swap, investors can swap their tokens through smart contracts without an intermediary.
The launch of the DEX serves as a springboard for the general adoption of the DeFi Coin. While using the DEX, investors will need DEFC to make payments and settle fees. This use case increases the demand and price of the crypto asset.
Since the launch of DeFi Swap, DEFC has recorded a 180% increase and is poised for more growth when the crypto market recovers from its bearish state. DEFC currently trades at $0.30. The digital asset is on a minor retest before going fully bullish.
3. Algorand (ALGO)
Algorand is a sustainable blockchain that singlehandedly fixes the issues of carbon emissions and scalability. The blockchain uses a Pure Proof of Stake (PPoS) consensus mechanism, which provides near instant finality to transactions, thereby reducing transaction time and energy consumption. This unique feature is one of the reasons why Algorand’s token, ALGO, ranks as one of the next cryptocurrency to buy for 10x returns.
The blockchain is breaking into several niches to establish a general presence in the global sector. In recent times, Algorand has been exploring its usability in the NFT space and has yet again proven that it has more to offer. NiftyMediaArt has announced that it will leverage Algorand to expand the creator economy.
To allow for seamless transactions, NiftyMedia will use blockchain technology to connect artists and content creators directly to NFT collectors. The platform will allow artists to develop their digital brands and maintain direct contact with their fans.
NiftyMediaArt can eliminate intermediaries between artists and fans by generating and originating core functions on Algorand, the energy efficient, carbon-negative blockchain. Algorand makes all process data easily accessible and reliable, resulting in no paperwork throughout the automated process.
ALGO is valued at $0.39. This price peg presents a great investment opportunity as it is below previous ATHs and is set to surge as Algorand’s NFT presence increases.
4. Cosmos (ATOM)
Cosmos is a proof-of-stake (PoS) blockchain that is focused on building interoperability. The blockchain’s unique focus will aid other blockchains in sharing data and interacting with each other. Consequently, this interaction will reduce fees and transaction times. This reduction is one of the reasons why ATOM, Cosmos’s token, is one of the next cryptocurrency to buy for 10x returns.
A second reason is Interchain Foundation’s announcement of Composable Finance’s grant towards Cosmos’s Inter-Blockchain Communication Protocol (IBC). This ICF grant validates and recognises Composable’s efforts in developing the BEEFY Light Client, which allows Composable to connect to Cosmos via IBC. Composable will increase its efforts on this project with the help of this grant.
The development of the BEEFY Light Client by Composable is a critical component of the overall vision of connecting the Cosmos ecosystem to DotSama and other ecosystems in the future. BEEFY light client lays the groundwork for Centauri, Composable’s IBC-Substrate bridge, enabling smooth cross-chain interactions and asset transfers between the two ecosystems.
ATOM currently trades at $9.83. The digital asset is on a downward trend, presenting a great opportunity to buy and hold the asset for profits.
5. Avalanche (AVAX)
Because of its unique mode of operation, Avalanche scales ahead of most platforms. The platform is designed to increase scalability without sacrificing any of the fundamental characteristics of a perfect blockchain.
Avalanche utilises three blockchains rather than one to achieve increased scalability while maintaining security and decentralisation. Avax, Avalanche’s token, is one of the high performing crypto assets, trading at $28.02. The digital asset ranks as one of the next cryptocurrency to buy for 10x gains in 2022.
QuickNode, the leading Web3 cloud platform for developing blockchain-powered applications, announced the addition of support for Avalanche to its platform. The mission of QuickNode is to foster and service the developer community.
With a community of over 40,000 developers, the addition of support for Avalanche contributes to that mission by providing developers with access to one of the fastest rising protocols in the web3 space. This integration allows Avalanche developers to concentrate on building while QuickNode manages the infrastructure layer.