Next-gen coins are supposed to change the game. Crypto, like any other tech sector, is evolving at the speed of light. Every once in a while, we hear about the entry of a new cryptocurrency that claims to bring a revolution. But only very few actually manage to do that.
There’s no doubt that we have a lot of room for improvement in the crypto world. What we call a next-gen coin is actually an attempt at introducing a digital asset that’s better, more efficient, and more valuable than the others. Naturally, it’s a great opportunity to be able to invest in a next-gen coin in its early stages before its value shoots up.
Our long-standing partner, and one of the best-performing crypto signals providers, Universal Crypto Signals has helped us create this list of the seven best next-gen cryptocurrencies to invest in. Continue reading to learn more.
7 Best Next-Gen Coins in the Crypto Market
- Binance Coin (BNB)
- Decentraland (MANA)
- Constellation (DAG)
- KardiaChain (KAI)
- Uniswap (UNI)
- Polygon (MATIC)
- The Graph (GRT)
What is a Next-Gen Coin?
Before we move on to discover more about our top seven picks for next-gen altcoins, let’s briefly go over what exactly is a next-gen coin.
As mentioned earlier, the world of crypto is evolving and there’s a lot of room for improvement. According to a study, almost 88% of the entire crypto market cap is held by the top 10 cryptocurrencies. This means, there’s a lot of opportunity for newer, better coins to enter the market. New cryptocurrencies are constantly being launched into the market, and almost each of them claims to be a hallmark of innovation.
Theoretically, any cryptocurrency that’s based on a new idea, uses the most advanced tech and aims to solve the problems faced by older cryptos can be called a next-gen coin. This is what makes it valuable and an investment that will pay off if you hold it long enough.
Practically, not all new cryptocurrencies are next-gen coins. This is because only a few of them are worth investing in. If you’ve been in the crypto game long enough, you just might be able to identify a solid coin on your own. However, if you’re new, you’ve still got a lot to learn before you can make a judgment.
We advise you to sign up with a top-rated crypto signals provider as their expert traders and technical analysts have it all to identify next-gen coins that are going to do exceptionally well.
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7 Best Next-Gen Coins to Invest in
Let’s briefly go over each of our recommended next-gen crypto coins. You will learn what sets them apart from the others, how they’re expected to perform in the future, and how they’ve performed in the past.
Binance Coin (BNB)
Binance Coin is the base cryptocurrency of Binance, the largest cryptocurrency exchange in the world. It’s a cryptocurrency with one of the highest utility values in the world as holding BNB and trading it on Binance costs much less than other altcoins.
Since it’s backed by the strongest crypto exchange on the market, you can be pretty confident that this cryptocurrency is bound to do well with all that liquidity. But the biggest reasons that make BNB a next-gen coin are the technology that supports it and its performance as a digital currency.
BNB is based on Binance’s own blockchain, the Binance chain. This makes it highly compatible when used on the exchange. BNB transactions are completed almost instantly, and with minimal fees, it’s a Binance trader’s dream.
Decentraland (MANA)
MANA is the base crypto token from Decentraland, a virtual ecosystem. The next-gen coin has a high utility as Decentraland players use it to buy real estate holdings in the virtual game.
As tech giants like Meta have introduced their own idea of developing virtual worlds, existing virtual worlds like Decentraland have gone up in popularity, users, and investment. This makes its local cryptocurrency even more valuable.
MANA is an ERC-20 token based on the Ethereum blockchain. You can purchase it from various other crypto exchanges and swap services. With a lot of demand, utility, and a solid team behind it, MANA is indeed a next-gen coin and a great investment for the long term.
Constellation (DAG)
Constellation is known as a distributed network that provides quick and scalable solutions for companies that need their data processed and transferred securely, while also creating interoperability for connected devices and sensors.
This is one of those next-gen coins whose aim is to process massive datasets using low transaction fees while keeping everything secured. Constellation was launched in 2017 and it uses a direct acyclic graph architecture in order to reach a consensus, which is said to be capable of infinite scalability.
It has gained quite a lot of value from last year. This goes to show that this project has performed exceptionally well in the past year and has a bright future for the years to come.
KardiaChain (KAI)
KardiaChain is a public blockchain that offers cross-chain connections and smart-contract programming to all of the well-known public blockchains. Their goal is to get into a partnership with the current service providers like different governments or enterprises in order to help them with their centralized products and services by completely transforming them.
The main goal of KardiaChain is to be the first-ever fully interoperable and basically a ‘non-invasive’ blockchain, which is able to connect multiple projects and networks without altering their protocol. This project works on a dual-node structure, therefore, it is easy to connect KardiaChain’s ledger with other blockchains.
KardiaChain was launched in December 2020, and it has experienced massive gains since then. The value of its native token increased from $0.00073 to a whopping $0.1488 in just one year. This is why KardiaChain is seen as one of the next-gen coins.
Uniswap (UNI)
Uniswap is a cryptocurrency marketplace that does not depend on a central authority. Initially, this next-gen crypto was developed to reward investors for taking part in the Uniswap exchange.
It was created on the Ethereum blockchain, which means users can trade using ERC-20 tokens. Since this token is known as the standard for developing new cryptocurrencies, therefore, Uniswap supports thousands of trading pairs.
Moreover, crypto investors prefer investing in UNI coins because of their remarkable market performance and great returns on investments. When it comes to UNI’s performance, it is expected to significantly increase in the next five years.
Polygon (MATIC)
Polygon is the ultimate framework for creating and connecting blockchain networks that are compatible with Ethereum. Basically, Polygon is a Layer-2 solution, which was designed to help in the scaling of the Ethereum network, while also enhancing its functionality.
One of the main aims of this protocol is to create quick and affordable Ethereum transactions by utilizing sidechains, and blockchain, which run a lot like fast HOV lanes right next to the Ethereum main chain.
The price prediction for Polygon shows that this next-gen crypto will perform better in the future, according to the experts. It shows an earning potential that’s over 86.07% in one year, therefore, its value is expected to increase to $12.9 in the next five years.
The Graph (GRT)
The Graph is known as open-source software. It is responsible for collecting, processing, and storing data from multiple blockchain applications. It was launched on the Ethereum blockchain originally. One of its goals is to assist developers in using the right information to improve their decentralized application’s efficiency.
The Graph works by indexing blockchain data from different networks such as Ethereum and Filecoin. It then categorizes them into open APIs known as subgraphs, which can be queried by anyone through GraphQL.
The price of this next-gen coin is currently at $0.6. It is predicted to reach $0.80 by 2022 and might increase to $1.19 by next year. Moreover, the predicted GRT cost is said to increase by a shocking 1087% in the next five years. This would increase its price to $5.58.
Next-Gen Crypto Coins – Conclusion
With Next Gen coins, whatever floats your boat works. Diversification is key.
A healthy portfolio should have more than five coins in it and should be rebalanced from time to time. Also, we’d not suggest you buy it all at once. It’s better to use dollar/cost averaging, by buying a fixed amount of investment dollars, for example, each second Friday (in a fixed quota).
We hope that our take on the next-gen coins helped to develop a solid idea of what coins are likely to do well at some point in the future. It’s important to note that although these cryptocurrencies have the highest chances of doing well in the future. There’s no absolute prediction.
Digital assets can go either way, so make sure to practice portfolio management while you’re at it.
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