Crypto Quill

Shiba Inu (SHIB) and Cardano (ADA) are two of the most popular cryptocurrencies in the market, with millions of loyal fans and holders. However, some of them are always on the lookout for the next big thing in the crypto space, hoping to find the next hidden gem that could skyrocket in value and make them rich. In this article, we will explore some of the factors that drive these crypto enthusiasts to search for the next crypto sensation, and some of the potential candidates that could fit the bill.

What Makes a Crypto Sensation?

A crypto sensation is a cryptocurrency that has the potential to generate massive returns for its investors, often in a short period of time. These cryptocurrencies usually have some of the following characteristics:

• Innovation: A crypto sensation offers something new and unique to the market, solving a problem or creating a value proposition that no other project has done before. For example, Bitcoin (BTC) introduced the concept of decentralized digital money, Ethereum (ETH) enabled smart contracts and decentralized applications, and Cardano (ADA) aims to create a more scalable and sustainable platform for the future.
• Community: A crypto sensation has a strong and loyal community of supporters, who believe in the vision and mission of the project, and actively promote and contribute to its growth. For example, Shiba Inu (SHIB) has a vibrant and passionate community of SHIB holders, who call themselves the SHIB Army, and regularly participate in social media campaigns, token burns, donations, and other initiatives to boost the popularity and adoption of SHIB.
• Hype: A crypto sensation generates a lot of buzz and excitement in the market, attracting the attention of mainstream media, influencers, celebrities, and investors. For example, Dogecoin (DOGE) became a viral sensation in 2021, thanks to the endorsement of Tesla CEO Elon Musk, who frequently tweeted and joked about the meme-inspired cryptocurrency, sending its price to new highs.
• Momentum: A crypto sensation has a strong and consistent performance in the market, showing a steady increase in price, volume, and market capitalization. For example, Binance Coin (BNB) rose from around $30 at the start of 2021 to over $600 by May, driven by the success and expansion of the Binance ecosystem, which includes the Binance Smart Chain, the Binance Launchpad, the Binance NFT Marketplace, and more.

How to Find the Next Crypto Sensation?

Finding the next crypto sensation is not an easy task, as it requires a lot of research, analysis, and luck. However, some of the methods that crypto enthusiasts use to discover new and promising projects are:

• Exploring new platforms and ecosystems: Some of the most successful cryptocurrencies are built on top of or integrated with existing platforms and ecosystems, such as Ethereum, Binance, Cardano, Solana, and Polygon. These platforms and ecosystems offer a variety of tools, services, and opportunities for developers and users, creating a network effect that boosts the value and adoption of the native tokens and the projects built on them. For example, some of the popular projects that emerged from these platforms and ecosystems are Uniswap (UNI), PancakeSwap (CAKE), Chainlink (LINK), Aave (AAVE), Polygon (MATIC), and Solana (SOL).
• Following trends and themes: Some of the most popular cryptocurrencies are inspired by or related to certain trends and themes that resonate with the market and the society, such as memes, gaming, metaverse, DeFi, NFTs, and more. These trends and themes reflect the interests, preferences, and values of the crypto community, and often create a lot of demand and hype for the projects that cater to them. For example, some of the popular projects that capitalized on these trends and themes are Dogecoin (DOGE), Shiba Inu (SHIB), Axie Infinity (AXS), Decentraland (MANA), SushiSwap (SUSHI), and CryptoPunks.
• Doing due diligence and research: Some of the most promising cryptocurrencies are not necessarily the most hyped or popular ones, but rather the ones that have a solid foundation, a clear vision, a competent team, a strong roadmap, and a competitive edge. These cryptocurrencies may not have a lot of attention or exposure at first, but they have the potential to grow and succeed in the long term, as they deliver value and innovation to the market and the users. For example, some of the projects that have proven their worth and potential over time are Cardano (ADA), Polkadot (DOT), Cosmos (ATOM), Terra (LUNA), and Elrond (EGLD).

What are Some of the Potential Crypto Sensations?

There are thousands of cryptocurrencies in the market, and it is impossible to predict which ones will become the next crypto sensations. However, based on the criteria and methods mentioned above, here are some of the projects that could have the potential to become the next big thing in the crypto space:

• Shibarium: Shibarium is the upcoming Layer-2 scalability solution for the Shiba Inu ecosystem, which aims to improve the speed, efficiency, and affordability of the transactions and interactions on the network. Shibarium will also enable the creation and deployment of decentralized applications and smart contracts on the Shiba Inu platform, opening up new possibilities and use cases for the SHIB token and the SHIB Army. Shibarium is expected to launch on February 14, 2023, on the Ethereum mainnet, and could be a game-changer for the Shiba Inu project and the crypto market.
• Cardax: Cardax is the first decentralized exchange (DEX) built on the Cardano network, which will allow users to trade and swap any native token on the platform, without the need for wrapped or synthetic tokens. Cardax will also offer liquidity pools, yield farming, governance, and other features that will enhance the functionality and utility of the Cardano ecosystem and the ADA token. Cardax is currently in development, and plans to launch in the first quarter of 2024, after the completion of the Alonzo upgrade, which will enable smart contracts on Cardano.
• Orbit Chain: Orbit Chain is a multi-chain protocol that connects and bridges various blockchains, such as Bitcoin, Ethereum, Binance Smart Chain, Polkadot, and more. Orbit Chain allows users to transfer and exchange any asset across different chains, without intermediaries or custodians, using its native token ORC as the medium of exchange. Orbit Chain also supports cross-chain smart contracts, decentralized applications, and oracle services, creating a unified and interoperable network of blockchains. Orbit Chain is already live and operational, and has recently partnered with several projects, such as Chainlink, Polygon, and Terra.

These are just some of the examples of the potential crypto sensations that could emerge in the near future, and there are many more that could surprise and delight the crypto community. However, as always, investors and traders should do their own research, analysis, and due diligence before investing in any cryptocurrency, as the market is volatile, risky, and unpredictable.