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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 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 an attempt to introduce a digital asset that’s better, more efficient, and more valuable than the others. Naturally, it’s an excellent opportunity 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 and don’t miss our bonus Coin at the bottom of the article.
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 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, almost each claims to be a hallmark of innovation.
Theoretically, any cryptocurrency based on a new idea that uses the most advanced tech and aims to solve the problems older cryptos face can be called a next-gen coin. This makes it a valuable 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 might be able to identify a solid coin on your own. However, if you’re new, you still have much to learn before making a judgment.
We suggest that you 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 will 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 accomplished 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 most robust crypto exchange on the market, you can be confident that this cryptocurrency will 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 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.
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 idea of developing virtual worlds, existing virtual worlds like Decentraland have increased 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 an excellent investment for the long term.
Constellation is a distributed network that provides quick and scalable solutions for companies that need their data processed and transferred securely while creating interoperability for connected devices and sensors.
This is one of those next-gen coins aiming to process massive datasets using low transaction fees while securing everything. Constellation was launched in 2017, and it uses a direct acyclic graph architecture 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 shows that this project has performed exceptionally well in the past year and has a bright future for the years to come.
KardiaChain is a public blockchain that offers cross-chain connections and smart-contract programming to all well-known public blockchains. Their goal is to get into a partnership with the current service providers, like different governments or enterprises, 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 ‘non-invasive’ blockchain, which can connect multiple projects and networks without altering their protocol. This project works on a dual-node structure; therefore, connecting KardiaChain’s ledger with other blockchains is easy.
KardiaChain was launched in December 2020 and 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 is a cryptocurrency marketplace that does not depend on a central authority. This next-gen crypto was initially developed to reward investors for participating in the Uniswap exchange.
It was created on the Ethereum blockchain, which means users can trade using ERC-20 tokens. Since this token is the standard for developing new cryptocurrencies, Uniswap supports thousands of trading pairs.
Moreover, crypto investors prefer investing in UNI coins because of their remarkable market performance and great investment returns. When it comes to UNI’s performance, it is expected to increase significantly in the next five years.
The Polygon project is the ultimate framework for creating and connecting blockchain networks compatible with Ethereum. Polygon is a Layer-2 solution that 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 blockchains, which run a lot like fast HOV lanes right next to the Ethereum main chain.
According to the experts, the price prediction for Polygon shows that this next-gen crypto will perform better. It offers 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 collects, processes, and stores data from multiple blockchain applications. It was launched on the Ethereum blockchain originally. One of its goals is to assist developers in using the correct information to improve their decentralized application’s efficiency.
The Graph indexes blockchain data from different networks such as Ethereum and Filecoin. It then categorizes them into open APIs known as subgraphs, which anyone can query through GraphQL.
The price of this next-gen coin is currently at $0.6. It is predicted to reach $0.80 by 2022 and increase to $1.19 next year. Moreover, the expected GRT cost is said to increase by a shocking 1087% in the next five years. This would increase its price to $5.58.
Frequently Asked Questions
Next-gen coins are innovative cryptocurrencies that leverage advanced technology to address challenges faced by earlier digital currencies. They represent a new wave in the crypto world, offering enhanced efficiency, value, and utility.
The value of next-gen coins varies widely and is subject to market dynamics. For specific valuations, it’s recommended to check real-time data on financial news platforms or cryptocurrency exchanges.
Predicting which coins will surge in value is challenging. However, some next-gen coins like Binance Coin (BNB), Decentraland (MANA), Polygon (MATIC), and Avalanche (AVAX) have shown promising trends and potential for growth.
To purchase next-gen coins, you can use cryptocurrency exchanges. It involves creating an account, depositing funds, and then trading for the desired next-gen cryptocurrency.
Bonus AVAX – Avalanche
Avalanche (AVAX) is rapidly emerging as a formidable player in the next-gen cryptocurrency space. Here is why it deserves your attention:
Optimized for DeFi Applications: With its high throughput and near-instant finality, Avalanche is particularly well-suited for DeFi applications, offering the speed and efficiency needed for high-speed financial transactions.
Eco-Friendly Approach: Standing out in sustainability, Avalanche operates with minimal environmental impact, consuming energy equivalent to just 46 US households annually
Strong Community Support: The platform is backed by a vibrant, diverse community, with over a million online members, providing a robust support system for growth and innovation.
Ease of Development: Developers can quickly deploy Web3 innovations on Avalanche, thanks to its user-friendly, low-code tooling and fast deployment capabilities.
Endorsements from Industry Leaders: Figures like Stani Kulechov of AAVE and Sergey Nazarov of Chainlink Labs have recognized Avalanche for its potential in DeFi and its ability to match the speed of traditional web systems.
JP Morgan’s Onyx Collaboration: Onyx by J.P. Morgan and Apollo Global has unveiled a proof-of-concept with Avalanche under the Monetary Authority of Singapore’s Project Guardian. This collaboration could transform asset and wealth management, leveraging blockchain, smart contracts, and tokenization to streamline portfolio management, especially for alternative assets.
Avalanche’s combination of advanced technology, environmental consciousness, strong community, and industry endorsements make it a standout in the next generation of blockchain technology, positioning it as a significant player in the crypto market.
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 and be rebalanced occasionally. Also, we’d not suggest you buy it all at once. It’s better to use dollar/cost averaging, by purchasing 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 develop a solid idea of what coins will 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 practice portfolio management while you’re at it.