BTC 5.20%
$66,075.85
ETH 6.70%
$2,632.76
SOL 6.39%
$156.84
PEPE 11.32%
$0.000010
SHIB 7.15%
$0.000018
BNB 2.92%
$588.44
DOGE 4.78%
$0.11
XRP 3.03%
$0.54
Best Crypto Poker
Online

What is The Next Crypto to Explode in October 2024?

Last updated:
Author
Author
Kane Pepi
About Author

Kane Pepi is a financial, gambling and cryptocurrency writer with over 2,000 published works, including on platforms like InsideBitcoins and Motley Fool. He specializes in cryptocurrency guides,...

Fact Checked by
Author
Alan Draper
About Author

Alan is the Chief Editor of guides and reviews on Cryptonews.com. He’s responsible for ensuring all the content on our site is accurate, up-to-date, and 100% reliable.

Last updated:
Why Trust Cryptonews
With over a decade of crypto coverage, Cryptonews delivers authoritative insights you can rely on. Our veteran team of journalists and analysts combines in-depth market knowledge with hands-on testing of blockchain technologies. We maintain strict editorial standards, ensuring factual accuracy and impartial reporting on both established cryptocurrencies and emerging projects. Our longstanding presence in the industry and commitment to quality journalism make Cryptonews a trusted source in the dynamic world of digital assets. Read more about Cryptonews
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Our research indicates that the next crypto to explode in 2024 could be Pepe Unchained, MemeBet Token, or Crypto All-Stars. These projects span various niches and appeal to a broad spectrum of crypto investors — from Pepe Unchained’s fun theme to Crypto All Stars’ multi-meme coin staking capabilities and share-to-earn features.

Pepe Unchained stands out as the most promising contender, merging Layer-2 blockchain technology with attractive staking rewards. In this guide, we review the next big crypto coins to invest in for October 2024 and explain our criteria for identifying high-potential projects.

List of The Next Cryptos to Explode in 2024

  • The Pepe meme gets its own Ethereum Layer-2 chain
  • Stake $PEPU to earn double the staking rewards through Layer-2 technology
  • Pepe Unchained aims to replicate the success of Pepe but with its own ecosystem
Project Launched
June 2024
Purchase Methods
  • ETH
    ETH
  • bnb
    bnb
  • usdt
    usdt
  • Bank Card
    Bank Card
  • +1 more
  • Meme coin project bringing together every top meme coin in the world.
  • Features a revolutionary staking contract that allows all top meme coins to be staked on one singular platform.
  • Stake $STARS for big rewards and claim your tokens at the end of the presale phase.
Project Launched
August 2024
Meta
Meme
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • Bank Card
    Bank Card
  • bnb
    bnb
  • +1 more
  • First-of-its-kind Vote-To-Earn DAO, giving holders the power to control the destiny of the project.
  • Early adopters of this meme coin earn massive rewards for buying and staking their tokens during presale.
  • 25% of supply reserved for staking $FLOCK tokens and watching rewards hatch.
Project Launched
September 2024
Meta
Vote-to-Earn
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • Bank Card
    Bank Card
  • bnb
    bnb
  • +1 more
  • A brand new play-to-earn casino that allows wagering with meme coins
  • Exclusive rewards such as airdrops, bonuses and loot boxes for token holders
  • A selection of thousands of crypto games to play, including a sportsbook
Project Launched
September 2024
Meta
GambleFi, Meme
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • Bank Card
    Bank Card
  • MATIC
    MATIC
  • bnb
    bnb
  • +2 more
  • Trending meme coin with P2E utility & staking rewards
  • Price up 10x in past month, rumors of Binance listing
  • 12k+ holders and growing
Project Launched
December 2023
Meta
Meme, P2E
Purchase Methods
  • Bank Card
    Bank Card
  • usdt
    usdt
  • ETH
    ETH
  • New token that aims to revolutionise how digital currencies are used in everyday commerce.
  • $SPY tokens to list on major centralised exchanges, including the MEXC Global exchange.
  • Loyalty incentives, airdrops, and participation rewards for community members.
Project Launched
May 2024
Meta
eCommerce
Purchase Methods
  • bnb
    bnb
  • usdt
    usdt
  • Bank Card
    Bank Card
  • ETH
    ETH
  • AVAX
    AVAX
  • BASE
    BASE
  • MATIC
    MATIC
  • USDC
    USDC
  • +5 more
  • New meme coin offering an immersive Wild West crypto experience with high-stakes battles
  • Participants can buy and stake $SHIBASHOOT tokens for rewards in excess of 2,000% p/a
  • Token holders can cast votes on key project decisions and try their luck in the 'Lucky Lasso Lotteries'
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • bnb
    bnb
  • Bank Card
    Bank Card
  • +1 more
  • Forecast the outcomes of Formula One races and compete with fans worldwide for a spot on the leaderboard.
  • Use $BDJ tokens to participate in prediction markets, stake for additional rewards, or hold for potential future value appreciation.
  • Buy and stake $BDJ to earn up to 6,811% in passive income rewards.
Project Launched
July 2024
Meta
Sports prediction
Purchase Methods
  • ETH
    ETH
  • bnb
    bnb
  • usdt
    usdt
  • Bank Card
    Bank Card
  • +1 more
  • Latest crypto ecosystem designed to power all upcoming dApps.
  • With no gas fees, lightning-fast transactions, crypto staking options and more, JetBolt is one to watch.
  • Buy and stake JBOLT tokens to earn rewards.
Project Launched
August 2024
Purchase Methods
  • Bank Card
    Bank Card
  • ETH
    ETH
  • Bitcoin
    Bitcoin
  • Solana
    Solana
  • bnb
    bnb
  • +2 more

Which Crypto Will Explode Next?

Before we break down all of the details, here is a potential list of the next cryptocurrencies to explode in 2024:

  1. Pepe Unchained ($PEPU) – Low-fee, high-speed crypto with massive staking rewards
  2. Crypto All-Stars ($STARS) – A platform where you can stake all your meme coins at once
  3. Flockerz ($FLOCK) – Community-powered meme coin with a unique vote-to-earn feature
  4. MemeBet Token ($MEMEBET) – New play-to-earn casino for wagering with meme coins
  5. Sponge V2 ($SPONGEV2) – Upgraded version of popular meme coin $SPONGE, rose 100x in 2023
  6. SpacePay ($SPY) – Decentralized protocol introduces crypto as a payment option at retail locations
  7. Shiba Shootout ($SHIBASHOOT) – Western-themed meme coin with staking rewards
  8. Race to a Billion ($BDJ) – Forecast the outcomes of Formula 1 races and earn rewards
  9. Blockbets ($BBETS) – Utility heavy GambleFi token with profit sharing and staking
  10. BitNance Token ($BTN)Promising store of value with only a 10.5M supply on the Binance Smart Chain
  11. Arkenstone ($ARKN) – Presale project with high utility-elements likely to explode after launch
  12. LuckHunter ($LHUNT) – GambleFi token offers huge Casino Credits, giveaways, and staking rewards.

Importantly, we formulated this list of the most promising cryptocurrency projects based on thorough research, but investors will need to make their own minds up when it comes to looking for the next big cryptos.

Next Big Crypto Coins Reviewed — Detailed Analysis

By reading the below insights, investors can take a closer look at some of the potentially profitable crypto projects listed above. This includes key information such as market capitalization, use cases, and more.

1. Pepe Unchained – Potential Next Meme Coin to Explode, Using Its Own Ethereum L2 Network

Pepe Unchained could be the next big meme coin to explode in 2024. This cryptocurrency combines high staking rewards with Layer-2 blockchain technology, making it far more than just a typical meme coin.

The project revolves around Pepe the Frog, a character that gained immense popularity online, eventually becoming a cultural icon. By utilizing Layer-2 technology, Pepe Unchained addresses Ethereum’s high transaction fees, offering faster and cheaper transactions.

This innovation positions $PEPU to lead the next wave of Ethereum meme coins. If you’re interested in maximizing your investment potential, check out the Pepe Unchained whitepaper. Stay updated by following $PEPU on X and joining its Telegram channel.

Why could Pepe Unchained be the next crypto to explode?
  • Pepe Unchained has a high chance of exploding because of its combination of unique utility and the hordes of Pepe holders buying into the project.
  • Since it is launching on its own Ethereum L2 network, it will also completely avoid the high fees on mainnet, making it more more trader-friendly. It has gained immediate traction and has already raised several million in a matter of weeks.

Blockchain Pepe Unchained (Ethereum L2)
Starting Price $0.008
Current Price $0.00998
% Change +24.75%
Standout Feature Community-driven innovation

Visit Pepe Unchained

2. Crypto All-Stars – Stake Various Meme Coins in the MemeVault to Earn Rewards

Crypto All-Stars is a unique meme project that could explode. That’s because it brings all popular meme coins under one staking platform. Users can stake their favorite meme coins, including Shiba Inu, Dogecoin, Pepe, Bonk, and many others, and earn $STARS tokens.

The more $STARS tokens someone has, the more staking rewards they earn. As a result, it may be prudent to load up on $STARS tokens while they are sold at a discount before the presale ends and the token explodes.

Currently, early investors can buy $STARS for $0.0015007 apiece, and stake their tokens for a generous 652% yield. This is a dynamic APY that drops as more tokens are staked, giving early stakers the biggest rewards. Make sure to follow Crypto All-Stars on X and join the Crypto All-Stars Telegram group for the latest updates.

Why could Crypto All-Stars be the next crypto to explode?
  • The unified staking platform within the MemeVault is an excellent way to gather meme coin traders and investors into one place. This alone could increase the $STARS token demand, which could help it explode after the presale ends.

Blockchain Ethereum
Starting Price $0.00138
Current Price $0.0015007
% Change +8.75%
Standout Feature MemeVault integration

Visit Crypto All-Stars

3. Flockerz (FLOCK) – Meme Coin DAO That Provides Vote-to-Earn Rewards

Flockerz is another meme coin project with the potential to explode. $FLOCK, the Flockerz native token, offers a unique vote-to-earn benefit for holders. Essentially, investors get rewarded for voting on the future of the Flockerz ecosystem once the vote-to-earn mechanism is released.

In the few days since the start of the Flockerz presale, the meme coin has successfully raised over $166k. With a great start to the project, Flockerz is projected to continue gaining traction, especially as early adopters can easily purchase $FLOCK at presale.

Early supporters can stake $FLOCK during the ICO and earn massive staking rewards of over 59,000%. $FLOCK staking rewards are distributed over 2 years, and the earnings rate may depreciate as more investors buy and stake the token.

Follow the Flockerz X profile and subscribe to the project’s Telegram channel for the latest updates.

Why could Flockerz be the next crypto to explode?
  • Flockerz employs a first-of-its-kind platform with a vote-to-earn rewards system.
  • The meme coin will be powered by an active community, growing as the project expands.
  • No other meme coin DAO offers rewards for community voting.

Blockchain Ethereum
Starting Price $0.0055
Current Price $0.0057699
% Change +4.91%
Standout Feature Vote-to-Earn DAO

Visit Flockerz

4. MemeBet Token – New P2E Casino for Wagering With Meme Coins

Memebet Casino is merging the world of meme coins with online gambling, making it one of the most exciting crypto projects for 2024. At its core is the $MEMEBET token, designed for degens who want to wager with top meme coins like $PEPE and $DOGE.

$MEMEBET holders enjoy exclusive play-to-earn airdrops, VIP benefits, and more, making this casino an enticing choice for gamblers. You can bet directly on Telegram without KYC, adding convenience and privacy. Thousands of crypto-native games and a global sportsbook cater to all types of players.

With a presale price of $0.0258 per token, early investors are getting in before the next price increase. Read the whitepaper, follow MemeBet Casino on X, and join the Telegram channel to stay updated on this promising project.

Why could MemeBet Token be the next crypto to explode?
  • MemeBet Token merges meme coins with gambling, offering exclusive rewards and no-KYC betting on Telegram. With a growing crypto casino market, it’s likely to explode in 2024.

Blockchain Ethereum
Starting Price $0.025
Current Price $0.0258
% Change +3.20%
Standout Feature No-KYC casino gaming

Visit MemeBet Token

5. Sponge V2 – V2 Token of Explosive 100x Meme Coin with Listings Planned for Binance and OKX

Sponge V2 ($SPONGEV2) has the potential to be one of the biggest meme coins of 2024. It builds on the success of the V1 $SPONGE token, which rocketed from a launch valuation of $1 million to a market cap of more than $100 million at its peak. That’s a more than 100x return for early $SPONGE investors.

Now, the team behind the V1 token is back with a new token that the $SPONGEV2 whitepaper describes as bigger, better, and more absorbent. The team plans to expand the $SPONGE supply to 150 billion tokens. That increased supply will partially support rewards for a new play-to-earn crypto racing game.

In addition, the increased supply will support rewards for V1 token holders. The only way to get V2 tokens right now is to stake V1 $SPONGE and lock it permanently. In doing so, stakers will receive rewards in $SPONGEV2 tokens for the next 4 years.

Follow $SPONGEV2 on X, Telegram, and Discord to learn more about the bonus and get all the latest updates on the token.

Why could Sponge V2 be the next crypto to explode?
  • Sponge V2 builds on the hype and community of its predecessor, $SPONGE, which reached a $100 million market cap at its peak in 2023. With a vast following that remains on Twitter and Telegram, the latest $SPONGEV2 looks to continue the legacy of the first popular token.
  • It aims to differentiate itself from the first iteration of the $SPONGE meme coin by offering a unique play-to-earn racing game available on mobile devices.

Blockchain Polygon
Starting Price $0.00025
Current Price $0.0000209518
% Change -16.19%
Standout Feature Deflationary tokenomics

Visit Sponge V2

6. Shiba Shootout – Western-Themed Meme Coin Set to Be The Next Big Crypto

Shiba Shootout is a meme coin that could be the next big crypto, as it combines creativity, competition, and utility in a Wild West-inspired setting, giving it exciting potential. Featuring characters like Marshal Shiba, it aims to rule the Wild West crypto frontier. This project stands out by blending unique utility features in the meme coin sphere.

As a governance token, $SHIBASHOOT allows holders to vote on project decisions. It also powers the “Lucky Lasso Lottery,” enabling users to win crypto prizes, and “Savings Saddlebags,” which offer staking rewards.

Shiba Shootout’s unique value proposition, appealing theme, and strong community support give it long-term potential, meaning it could be the next crypto to explode. To learn more, check out the whitepaper, follow Shiba Shootout on X, and join the Telegram channel.

Why could Shiba Shootout be the next crypto to explode?
  • Shiba Shootout has a good chance of exploding after its presale if it can successfully ride on the success of Shiba Inu; if this major meme coin continues to perform well, Shiba Shootout could well deliver investors impressive gains to early holders as more money rushes into the meme coin market.
  • Its deflationary token burn plans give it a positive outlook from a tokenomics perspective as well.

Blockchain Ethereum
Starting Price $0.0187
Current Price $0.0207
% Change +10.70%
Standout Feature Lucky lasso lottery

Visit Shiba Shootout

7. SpacePay – Revolutionary Cryptocurrency Increases the Accessibility of Crypto Tokens at Retail Locations

The next coin that could explode in 2024 is SpacePay ($SPY). This is a London-based Fintech startup that empowers payment companies with next-gen crypto solutions. SpacePay allows customers to access crypto as a payment option at retail stores.

SpacePay presale

It implements a decentralized terminal-agnostic protocol, which is compatible with 325+ crypto wallets. Thus, hundreds of millions of crypto investors can start purchasing products with their digital assets. To learn more about the project, go through the SpacePay whitepaper and join the Telegram channel.

Why could SpacePay be the next crypto to explode?
  • As more and more businesses look to accept crypto payments, SpacePay could perform strongly if it can become the preferred choice for business owners looking to embrace the crypto world. If it can successfully capturing this ever-growing demand, the $SPY token could see an excellent price trajectory.
  • It also has intricate plans to retain token holders through events such as monthly airdrop rewards to the most active platform uses.

Blockchain Ethereum
Starting Price $0.00147
Current Price $0.00191
% Change +29.93%
Standout Feature Cross-chain payment solution

Visit SpacePay

8. Race to a Billion – Formula 1 Enthusiasts Can Earn Rewards By Accurately Predicting Race Outcomes

Race to a Billion is one of the next cryptocurrencies to explode this year. This exciting new project revolves around predicting Formula 1 race outcomes and earning rewards based on the accuracy. At the end of each season, there will be a generous jackpot for those with the most accurate predictions.

race to a billion token presale

The project is now in a presale phase where early investors can buy $BDJ tokens and stake them for a generous yield of over 6,000%. This APY will drop, making it prudent to stake as early as possible, especially if you planned to participate in the presale anyway. Follow Race to a Billion on X to get the latest updates.

Why could Race to a Billion be the next crypto to explode?
  • With Formula 1 continuing to explode in popularity, the $BDJ token is well positioned to benefit from this surge and receive a large amount of interest from race fans.
  • Race to a Billion brings a fun and competitive twist to predicting Formula 1 race outcomes, giving it real utility and reasons for people to hold the token.

Blockchain Ethereum
Starting Price $0.00755
Current Price $0.00805
% Change +6.62%
Standout Feature Competitive earning challenges

Visit Race to a Billion

9. Blockbets – Profit Sharing Staking Alongside From Feature Rich GambleFi Platform

Blockbets is a promising online gaming platform currently in its presale stage. It aims to become the go-to destination for online gaming. The $BBETS token offers investors unique opportunities, including passive staking income and casino credits.

blockbets presale

Blockbets stands out by providing up to 25% of all platform profits to token stakers. Those staking over 25,000 tokens receive 100% of available profits. This profit-sharing model is gaining popularity in the GambleFi space and could revolutionize online gambling.

Join the Blockbets presale to benefit from this innovative platform. For more information, download the whitepaper, follow Blockbets on X, and join the exclusive Telegram channel.

Why could Blockbets be the next crypto to explode?
  • Blockbets offers up to 25% of platform profits to token stakers, incentivizing long-term holding.
  • The presale stage offers attractive entry points for early investors, with potential for high returns.
  • The platform functions as both a gaming platform and a profit-sharing token, appealing to diverse user interests.

Blockchain BNB Chain
Starting Price $0.01
Current Price $0.048
% Change +60.00%
Standout Feature Decentralized sports betting

Visit Shiba Blockbets

10. BitNance Token – Promising Store of Value With Only a 10.5M Supply on the Binance Smart Chain

BitNance Token is a new cryptocurrency launched on the Binance Smart Chain, designed as a modern store of value. With its decentralized governance model, BTN aims to compete with Bitcoin by addressing high transaction fees and centralization issues, positioning it as a strong contender to explode in 2024.

BitNance Site

During its presale, you can purchase $BTN at $0.36, with prices expected to rise in future rounds and listings. BTN offers lower transaction fees compared to Bitcoin, making it a more affordable option for transactions. The Binance Smart Chain allows for quicker and cheaper transfers, enhancing BTN’s appeal.

BTN has a limited supply of 10.5 million tokens, which is half of Bitcoin’s supply, creating scarcity and potential value growth. Follow BitNance on X and join its Telegram group to keep up with the latest updates.

Why could BitNance be the next crypto to explode?
  • It only has a supply cap of 10.5 million tokens. This can help preserve its potential value over the long term.
  • It uses Binance Smart Chain for fast transactions and minimal fees, making it user-friendly.
  • The platform follows a fully community-driven approach, with founders relinquishing control.

Blockchain BNB Chain
Starting Price $0.006
Current Price $0.36
% Change +0.00%
Standout Feature Decentralized exchange services

Visit BitNance Token

11. Arkenstone – High Potential Project Offering Tools to Create and Monitor Tokens

Arkenstone is emerging as a promising project, largely due to its innovative GemLaunch Suite — a Web3 tool that democratizes token creation. This suite allows users to create, fund, monitor, and sell tokens without any coding experience, making it accessible to both crypto veterans and beginners. Its intuitive dashboard streamlines the process, enabling seamless token management.

ArkenStone Site

Security is a key focus for Arkenstone, with thorough audits by Quantstamp and Coinsult ensuring the platform’s credibility. This strong emphasis on safety makes Arkenstone an attractive option, particularly for cautious investors looking for reliability in the volatile crypto space.

Early investors are incentivized with exclusive NFTs, and the platform’s built-in SOL ATM feature simplifies buying ARKN tokens using any cryptocurrency. Priced at $0.048585 per token, Arkenstone is well-positioned for significant growth in 2024. To learn more and stay updated, read the whitepaper, follow Arkenstone on X, and join their Telegram channel.

Why could Arkenstone be the next crypto to explode?
  • Arkenstone’s GemLaunch Suite simplifies token creation, appealing to a broad user base from seasoned investors to newcomers.
  • Audits by Quantstamp and Coinsult provide credibility and safety, mitigating common concerns in the crypto space.
  • Offering exclusive NFTs to early investors and a built-in SOL ATM feature for seamless token purchase further enhance ARKN’s value proposition, driving potential growth.

Blockchain Solana
Starting Price $0.024362
Current Price $0.048585
% Change +99.43%
Standout Feature Advanced DeFi analytics

Visit Arkenstone

12. LuckHunter – GambleFi Coin Offers 100% of Presale Purchase as Casino Credits

The next token with the potential to explode is $LHUNT, the native token of LuckHunter – a popular Online Casino platform with more than 50,000 users.

By leveraging the power of blockchain technology, LuckHunter wants to expand its user base by offering more utility through the $LHUNT token. Firstly, all $LHUNT presale investors can redeem 100% of their purchase in the form of Casino Credits – accessible on a wide range of Crypto Slot, Poker, and other provably fair games.

LuckHunter presale

$LHUNT token holders also get special access to a VIP community group, where you can interact with members of the LuckHunter team. Other benefits include special giveaways and access to staking rewards.

To avail of all these benefits, interested investors can buy $LHUNT for just $0.001 per token on presale. So far, the presale has raised more than $30K. 50% of the total 8.06 billion token supply will be distributed through the ten presale rounds. For more information, read the LuckHunter whitepaper and join the Telegram channel.

Why could LuckHunter be the next crypto to explode?
  • All LuckHunter presale investors can redeem 100% of their investments via Casino Credits – this can help promote both the CasinoFi ecosystem and the $LHUNT token.
  • $LHUNT could explode due to its multiple use cases – such as access to VIP groups, exclusive merchandise, staking rewards, and Casino Credits.

Blockchain Polygon
Starting Price $0.0025
Current Price $0.001
% Change -60%
Standout Feature P2E gaming

Visit LuckHunter

Methodology: How We Determined the Most Likely Cryptos to Explode Next

To find the next cryptocurrency to explode, we look carefully at a wide range of factors, including market trends, price histories, long-term potential, utility, and the fundamentals of the project. For newer projects, we also analyze in-depth the tokenomics, the team behind the project, and security audits to protect our readers. Here’s how we weigh up the different factors:

Market Performance and Trends (25%)

Market potential is one of the primary indicators we look at. This encompasses past performance, overall market sentiment, recent movements, and total market capitalization. We look at both long-term and short-term movements as well as shifts in investor behavior to anticipate potential for growth.

The crypto landscape is evershifting, and we stay at the forefront of trends, whether it’s AI crypto coins, meme tokens, or utility-focused projects. Having our ears to the ground helps us spot the next potentially explosive project.

Community Engagement (25%)

Not all crypto coins have an active and engaged community. We assess metrics such as follower count, activity on social media, and sentiment in forums, such as Reddit or crypto Telegram groups to gauge how sustainable a token’s growth might be. Projects with actively engaged, large communities are more likely to experience rapid growth.

Utility and Use Cases (15%)

Another key indicator is the underlying utility and application of the project. We look at its potential to solve real-world problems and the underlying tech. A protocol that can fill a gap in the market will have a high chance of mainstream adoption and growth. Innovative and unique cryptos can catch the attention of whales and long-term investors and lead to the price of a token rising exponentially.

Fundamental Analysis (15%)

We also carefully analyze the fundamentals of each project, including the tokenomics and the economic model underpinning it. A project with strong fundamentals is more likely to sustain long-term growth.

Another important element is researching the team behind the project. We delve into the experience of the team as well as how transparent they are about the project and their objectives.

Security (10%)

For any cryptocurrency, security is paramount. We look at the security protocols of the network, including the resistance to attacks. For newer cryptocurrencies with huge growth potential, we also prioritize looking at security audits to ensure the safety of our readers.

Roadmap (10%)

Many tokens are launched with no clear aim in mind other than pure speculation. We prefer projects with a clear and achievable roadmap. For our research, we look at milestones, what the team has already achieved, and whether their future plans are realistic or not.

What Are the Main Reasons Why Cryptocurrencies Explode?

Cryptocurrencies can have a steady price for months or even years before they explode. What causes a crypto token to explode varies for every token, but there are some main factors, such as market sentiment, media hype, and new developments.

Positive Market Sentiment

Positive market sentiment plays a pivotal role in driving the explosive growth of cryptocurrencies. When investors and users exhibit confidence and optimism in emerging cryptocurrencies, it often leads to increased demand for them.

Positive sentiment can be influenced by factors such as regulatory developments, institutional adoption, and positive news and social media coverage for the project. As more people express faith in the potential of low cap cryptos, the buying pressure intensifies, resulting in substantial price surges.

Widespread Media Coverage

When mainstream media outlets highlight the successes, partnerships, or advancements of emerging cryptos, it draws the attention of a broader audience.

Positive Bitcoin media coverage by mainstream news outlet, CNBC.

Positive stories, endorsements from influential figures, and favorable narratives contribute to a sense of legitimacy and can trigger a surge in retail and institutional interest. Media coverage attracts new investors and fosters a positive perception of the crypto space as a whole, fueling demand.

Scarcity and Halving Events

Scarcity is a fundamental factor propelling the explosive growth of cryptocurrencies. It’s what makes precious metals like gold so valuable. Since cryptos don’t have a physical component, tokens like Bitcoin have a capped supply, which is what creates scarcity.

Additionally, halving events, which reduce the rate at which new coins are generated, contribute to a decrease in the available supply. As the scarcity narrative gains traction, investors anticipate potential future appreciation.

Bitcoin halving
Source: Twitter/Rekt Capital

Outstanding Development Progress

The progress and development achieved by a cryptocurrency project can significantly impact its value and market appeal. A robust and active development team, frequent software updates, and the achievement of key milestones instill confidence in investors.

When planned features and upgrades are implemented successfully, the chances of it being a successful long-term crypto significantly increase. This makes investors more likely to flock to the emerging coin, creating more demand and driving up the price.

7 Places Where You Can Buy the Next Big Crypto

You can get your hands on the next crypto to boom even before it’s listed on a public exchange. Here are the top ways to buy the next big crypto:

1. ICO Platforms

Many blockchain projects use Initial Coin Offerings (ICOs) as a fundraising mechanism. ICOs allow investors to purchase tokens of a new cryptocurrency before it becomes publicly tradable on exchanges.

ICO platforms provide information about ongoing and upcoming ICOs and feature user reviews and ratings, which help in assessing the potential of an ICO. Some advantages of these platforms include:

  • Early access: Investors get the opportunity to buy tokens at potentially lower prices before they hit major cryptocurrency exchanges.
  • Transparency: Detailed project information, including whitepapers, team profiles, and roadmaps, is readily available.
  • Diversity: These platforms list a wide range of ICOs from various sectors, allowing investors to diversify their crypto portfolios.

The best platforms for buying the next big crypto include ICO Bench, TokenMarket, and ICO Drops.

2. IEO Platforms

Initial Exchange Offerings (IEOs) are token sales conducted directly on exchanges. Unlike ICOs, IEOs allow investors to purchase tokens through a crypto exchange, which provides the following advantages:

  • Trust and credibility: Since exchanges vet projects before hosting their IEOs, investors can rely on the platform’s diligence for added security.
  • Immediate trading: Tokens typically become tradable on the exchange shortly after the sale, enabling quicker access to liquidity.
  • Simplified process: Investors can use their existing exchange accounts to participate, streamlining the buying process without needing separate wallet setups.

The best IEO platforms for buying the next big crypto include Binance, HTX, and KuCoin.

3. Token Sale Websites

Some projects conduct token sales directly on their official websites. Investors interested in finding the best crypto to buy right now can participate by registering on these sites and contributing funds during the designated token sale period.

The biggest advantage of purchasing the next crypto to blow up through token sale websites is that they often offer bonuses or better prices than other platforms.

Ongoing token sales you should consider participating in include Pepe Unchained, Crypto AllStars, and Flockerz.

4. Decentralized Exchanges (DEXs)

Decentralized exchanges allow users to trade tokens directly from their wallets. Some projects prefer to list their tokens on DEXs before making them available on centralized exchanges, to leverage the unique benefits these platforms offer:

  • Decentralization: By trading directly from their wallets, users maintain full control over their assets without relying on a central authority.
  • Accessibility: DEXs are accessible to anyone with an internet connection, broadening the investor base beyond traditional finance.
  • Innovation: Often, DEXs are the first to list new and experimental tokens, providing early access to innovative projects.

Uniswap, SushiSwap, and PancakeSwap are some of the best decentralized exchanges to buy the next cryptocurrencies to explode in 2024.

5. Private Sales

Some projects offer crypto private sales to a select group of investors before conducting a public sale or listing on exchanges. Gaining access to these sales often requires connections with the project team or active participation in the project’s community.

These sales are harder to access but provide benefits, such as lower prices and the potential for higher returns.

6. Venture Capital Investments

Institutional investors and venture capital firms sometimes invest in blockchain projects during their early stages. Retail investors can also access these early-stage investments by participating in token sales associated with these venture-backed projects.

These investments are vetted by experienced intitutional players and often offer lower prices, providing investors with an opportunity to maximize returns.

7. Community Airdrops

Some projects distribute tokens for free through airdrops to their community members. Crypto airdrops distribute tokens widely and encourage community engagement. Investors should follow official project announcements and social media channels for airdrop opportunities.

Community airdrops let articipants receive tokens without any investment, reducing financial risk. In addition, they help expand the user base and foster a loyal community, which can increase token prices.

The best platforms for finding information about community airdrops include Cryptonews, CoinMarketCap, and Airdrop Alert.

Conclusion: Which Is the Most Likely Crypto to Explode Next?

Today, we’ve looked at the roadmap, performance, and many other important metrics to rank the next 1000x crypto projects that could potentially explode, looking at a range of different projects to meme coins and presales and more established ones.

Based on our analysis, Pepe Unchained is the next crypto to explode. The $PEPE token has raised more than $19.4 million since its presale launch. Notably, this cryptocurrency offers meme coin potential and a layer-2 scaling solution on top of generous staking APY of 113%.

Visit Pepe Unchained

FAQs

What is the most likely next cryptocurrency to explode?

How do I find the next big crypto?

Where can I buy the next big cryptocurrency?

References

  1. Polkadot Has Smallest Carbon Footprint, Crypto Researcher Says – Bloomberg.com
  2. Five New Parachains, Staking Growth & Technical Upgrades as Expansion Continues – Polkadot
  3. Polkadot 2.0 and the future of DOT, explained – Cointelegraph
  4. Chainlink Price Forecast: This Signal Could Push LINK to $25 – The Crypto Basic
  5. How Cryptocurrency Scarcity Affects Value – IG.com

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.