Today, there are more than 16,000 digital tokens to choose from – and the number is only growing. Currently, the crypto market is dominated by just two cryptocurrencies, Bitcoin and Ethereum. However, the industry has produced thousands of protocols and digital currencies, running on a handful of blockchains. The sector has only grown in popularity. Many creators are trying one of two things: innovate the sphere or get rich quickly through pump-and-dump schemes.
If you combed through many of the broadcast news channels or digital or print newspapers over the last year, cryptocurrency is constantly in the headlines. You will have come across stories of young people getting rich off of Shiba Inu and Dogecoin. There are also infamous tales involving Squid (everyone lost their money on that one).
That said, there has been a considerable selloff in the fourth quarter of 2021. Market analysts lay the blame on climate change and the Omicron variant. However, the trend doesn't appear to be long-lasting. Brian Kelly, CEO and founder of digital currency investment firm BKCM, predicted that it would become less of a concern next year. It is an optimistic forecast that signals the positive growth of crypto coins.
As people are keen to pick up crypto trading again, there's much interest in the most popular upcoming crypto coins. How exactly can you locate these types of cryptos that fly off the radar? We have compiled a list of the most popular technologies and digital coins that debuted before the end of 2021. Here are the five most popular upcoming cryptocurrency coins:
1. Material (MTRL)
The Material cryptocurrency was launched shortly after Christmas. It aims to be a long-term crypto rather than a flash-in-the-pan technology. Its goal is to become a critical component in the newly created Web3. Material lets users leverage ownership of their identities, connecting content creators, platforms, and other entities to collaborate, share, and inspire.
Fully Diluted Market Cap: $2.3 million
2. BITMIC (BMIC)
BITMIC plans to strengthen transparency and facilitate a fair use environment. Ultimately, BITMIC is about systematizing the new social entertainment ecosystem, blending online broadcasting, fan service, and live shopping. Many are excited about the potential of BITMIC, hoping to see this crypto coin available for exchange in a Bitcoin ATM.
Blockchain: Binance Coin
Fully Diluted Market Cap: $55 million
3. Galaxy Coin (GALXY)
Is this a ridiculous concept, or a digital token that is preparing for humanity's voyage into space? Whatever the case, Galaxy Coin and the technology behind the virtual token also desire to work with the Vandenberg Space Force Base in California. It aims to establish a space camp or space science program.
Fully Diluted Market Cap: $82 million
4. Coinweb (CWEB)
Can cryptocurrency integrate digital prevalence with real-life usage? If so, Coinweb, a cross-chain computation platform, is attempting to accomplish this aim. Coinweb is also trying to automate and optimize trust-based segments of the economy. The creators are hopeful their coin will cause a shift in how companies, governments, and individuals interact with their finances. Ultimately, Coinweb wants to resolve common problems associated with smart contracts, programming languages, and blockchain data.
Fully Diluted Market Cap: $1.25 billion
5. FlexQ (FLQ)
From financial management to AI trading, FlexQ is trying to generate greater profits for individuals. According to the token's white paper, FlexQ describes itself as a fusion of strategies and technologies with an intelligent quantification system. This crypto coin notably employs an 80:20 profit-sharing system.
Blockchain: Binance Coin
Fully Diluted Market Cap: $3.8 million
Upcoming crypto trends
Many of the premiere cryptocurrencies are not expected to enjoy massive gains as they did in 2021. Looking ahead, market analysts anticipate that cryptos will experience more regulations as they become more mainstream. These regulations are likely once Wall Street and Bay Street launch exchange-traded funds (ETFs) and mutual funds associated with Bitcoin, Ethereum, and others.
Moreover, some crypto experts purport that climate change and the Omicron variant have contributed to the decline in prices. What does this mean for the new kids on the block? It will likely be more of the same. Expect the flash-in-the-pan, get-rich-quick, pump-and-dump tokens to be tossed into the trash receptacle. Meanwhile, the virtual tokens that offer utility will rise to the top.
Some honorable mentions of popular upcoming crypto coins include:
- Apex Protocol
- Golden Ball
Many other emerging crypto coins have gained popularity recently. If you are interested in their developments, be sure to follow news stories and monitor their progress. You could join the latest crypto phenomenon and make a neat profit using forecasts.
All information is meant for informational purposes only. Bl4nkcode does not provide any investment, legal or financial advices. Readers should do their own research before investing funds in any company/service/organizations mentioned.