Next Crypto to Hit $1 in 2024: Top 15 Most Likely Coins
Many cryptocurrencies trade for pennies, but which have the best chance of hitting $1 during the current bull run? Here, we explore the 12 next cryptos to hit $1 in 2024. We cover a broad range of cryptocurrencies to ensure portfolio diversity. This includes small, medium, and large-cap coins from multiple blockchain niches.
- First truly multi-chain Doge token, promising interoperability across major blockchains
- Easy to buy and claim $DOGEVERSE tokens during presale phase
- Could be the next Doge-inspired coin to explode ahead of Doge Day
ETH
usdt
- Brand new South Park-inspired seal-themed SOL meme coin
- Ideal coin to buy in presale ahead of the expected summer meme coin frenzy
- Thought to be by the team that was also behind the viral SLERF coin
Solana
- Infinitely upgradeable AI meme coin, with modular technological capabilities.
- Huge staking rewards available everyday during presale.
- Presale price rises every two days - buy now to benefit from best price before listing.
- ETH
- usdt
- First of its kind daily rewards based on the performance of Mega Dice Casino
- $DICE holders can enjoy 25% rev-share through the Mega Dice Referral Program
- $2,250,000+ USD airdrop for casino players
- Solana
- ETH
bnb
- Learn-to-Earn platform that rewards users for learning about crypto
- Stake $99BTC tokens in secure smart contract to earn passive rewards
- Get the edge in fast-moving markets with expert crypto trading signals
- ETH
- usdt
Bank Card- +1 more
- Innovatives VR & AR Gaming Project
- Aiming to Raise $15M Across 12 Rounds
- Token Holders Get Lifetime Access to VR Content
- ETH
- usdt
- Bank Card
- Trending meme coin with P2E utility & staking rewards
- Price up 10x in past month, rumors of Binance listing
- 12k+ holders and growing
- Bank Card
- usdt
- ETH
- Buy and hold $SMOG to generate and earn airdrop points
- 35% of supply reserved for future airdrop rewards
- Viral potential after pumping over 1000%
- usdt
- Solana
- Native BSC token
- Audited by Coinsult
- Long-term rewards for holders
- bnb
- usdt
- Bank Card
- Access to huge fee revenue through staking
- 50% of 10bn token supply available at presale stage
- 85% of fees go back to the community
- usdt
- bnb
- ETH
- New meme coin offering an immersive experience via high-stakes battles
- Participants can buy and stake $SHIBASHOOT tokens for rewards in excess of 25,000% p/a
- Token holders can cast votes on key project decisions and try their luck in the 'Lucky Lasso Lotteries'
- ETH
- usdt
- bnb
- First crypto-based lending platform, allowing loans up to 75% of the total Memereum assets.
- Comprehensive insurance coverage for digital coins and precious metals, including gold and silver.
- High-value holders get state-of-the-art NFTs, valued over $1,500 in the open market.
- bnb
- usdt
- ETH
- Innovative AI crypto casino offering staking, airdrops and custom games
- $HPLT presale has raised over $400k so far with +60M bets placed by +150k users
- Offers daily staking rewards, hype NFTs and is fully audited by Certik
- bnb
- ETH
- usdt
List of the Next Cryptocurrencies to Hit $1 in 2024
The next crypto to hit $1 could be one of the 12 projects listed below:
- Dogeverse – Overall best crypto presale to invest in; raised over $12 million in presale.
- Wiener AI – New meme coin with high staking rewards during the presale.
- Mega Dice Token – New CasinoFi crypto, get in-game discounts and NFTs.
- 99Bitcoins – Learn-to-earn crypto offers huge staking APYs. Over $893K raised in presale.
- 5th Scape – Hyper-realistic virtual reality token recently launched on presale.
- Sponge V2 — Promising meme coin with 100x predecessor (V1) success
- Smog — Fast-rising Solana meme coin with major airdrop
- eTukTuk — Eco-friendly crypto with potential in the vast electric vehicle market
- Slothana — Viral meme coin poised to be the next crypto to hit $1
- XRP — Established crypto for cross-border payments poised to reclaim $1 value
- TRON — Leading blockchain for direct content monetization with significant growth potential
- Sei — Ultra-fast, carbon-neutral layer 1 blockchain nearing the $1 milestone
- Algorand — Advanced ‘pure’ proof-of-stake network aiming for a $1 rebound
- Kava — Hybrid blockchain blending Cosmos and Ethereum for peak smart contract performance
- Dogecoin — Iconic meme coin with vast community support
The Next Cryptos to Hit $1 Reviewed
We’ll now take a closer look at the 12 projects listed above. Read on to discover the next cryptocurrency to hit $1 in 2024.
1. Slothana — Viral Meme Coin Poised to Be the Next Crypto to Hit $1
Slothana, the latest sensation in meme coins, takes inspiration from the success of SLERF, which grabbed attention by reaching a staggering daily trading volume exceeding $2.7 billion, surpassing even the entire Ethereum blockchain.
For those who didn’t catch the wave with SLERF, there’s now an opportunity to potentially reap comparable rewards with this sloth-themed meme coin, whose sleepy sloth mascot who is fed up of the 9-5 office grind is sure to strike a chord with a lot of people.
As with any meme coin, the primary focus is on enjoyment and speculation regarding its price. There are no intricate staking mechanisms or elaborate roadmap plans on the horizon. Slothana has already raised nearly $6M in its presale phase, with users eagerly awaiting the tokens that will be airdropped to their wallet once presale completes.
2. Sponge V2 — Promising Meme Coin with 100x Predecessor (V1) Success
We found that Sponge V2 could also be the next cryptocurrency to hit $1. It’s tipped to become one of the best meme coins of 2024. This is because Sponge V2 is the continuation of Sponge V1. Those who missed Sponge V1 should know that it generated gains of 100x last year. It achieved this feat in a matter of weeks.
Due to its success, Sponge V1 is now migrating to Sponge V2. This means new investors have a second chance to invest in this trending project. Sponge V2 is opting for a bridge-to-stake mechanism. So, those holding V1 can bridge their tokens to V2. So far, more than $11 million worth of tokens have been bridged. If you don’t have V1, you can buy some on the Sponge website.
The V1 tokens will then be bridged to V2. In terms of the upside, Sponge V1 is bringing its ready-made community to the V2 ecosystem. This includes thousands of token holders, social media followers, and Telegram members. Sponge V1 also secured multiple tier-one exchange listings, which will bode well for V2. Sponge V2 is currently paying staking rewards of 186%.
3. Smog — Fast-Rising Solana Meme Coin with Major Airdrop
Next is Smog, another high-growth meme coin that makes this list. Launched on February 9th, 2024, this is one of the newest meme coin projects in town. It’s built on the Solana blockchain, which is one of the hottest networks for meme coins right now. After all, Solana meme coins like Bonk, dogwifhat, and Frog Wif Hat are producing phenomenal results for early backers.
We like the strategy that Smog’s team is taking to become the next big meme coin story. Put simply, it’s running one of the biggest airdrops of 2024. Here’s how it works. First, users complete basic tasks to help promote Smog. For instance, liking and sharing Smog on Twitter, and joining its Discord channel.
In doing so, users receive points. The more points generated, the more free $SMOG tokens earned. Therefore, it’s a win-win situation. This can help Smog grow its community organically. Today, Smog trades at just over $0.05. This gives it a market capitalization of $38 million. Therefore, should Smog hit $1, it would be worth about $1 billion.
4. eTukTuk — Eco-Friendly Crypto with Potential in the Vast Electric Vehicle Market
Headquartered in Sri Lanka, eTukTuk is a brand-new crypto project with solid environmental credentials. It’s revolutionizing transportation in the developing world. This is because eTukTuk manufactures electric tuk-tuk vehicles. This will help countries in the Asian region reduce their exposure to harmful gasses.
What’s more, this is a huge marketplace for eTukTuk to target. According to the Asian Development Bank, there are more than 270 million internal combustion engine (ICE) tuk-tuks globally. eTukTuk claims that its electric vehicles are more affordable than ICE tuk-tuks, which will be a major selling point.
Drivers will also be able to reduce their day-to-day spending; eTukTuk is compatible with existing charging networks. After all, electric charging solutions are cheaper than oil. eTukTuk is currently raising funds from growth investors. Its presale has raised almost $1.5 million so far. TUK tokens are selling for just $0.0275. The presale price increases periodically.
5. XRP — Established Crypto for Cross-Border Payments Poised to Reclaim $1 Value
XRP could easily become the next crypto to hit $1. Currently, XRP is trading at $0.58, giving it a market capitalization of almost $32 billion. However, this price is nearly 85% below XRP’s all-time high of $3.84. Therefore, XRP is tipped to surpass $1 during the next bull cycle. In doing so, this would require an upside of just 72%.
So why is the future bright for XRP? Put simply, XRP is an established blockchain project that specializes in cross-border payments. It serves banks and financial institutions, allowing them to transact internationally with ease. XRP transactions take seconds to process. Moreover, transactions are practically free, considering each transfer costs just 0.00001 XRP.
XRP is also scalable; it can handle up to 1,500 transactions per second. More than 200 institutions have partnered with XRP, including tier-one banks like Standard Chartered and Santander. Ultimately, XRP is needed when cross-currency transfers are made, ensuring solid long-term demand. XRP has also won its prolonged battle with the SEC, which is great news for investors.
6. TRON — Leading Blockchain for Direct Content Monetization with Significant Growth Potential
TRON is not only one of the best cryptocurrencies to buy but it could be the next coin to hit $1. Launched in 2017, this is an established blockchain network that supports smart contracts and decentralized applications. Its primary goal is to revolutionize the content-sharing space – an industry worth many billions of dollars.
TRON enables content creators to sell their content directly to consumers. Not only does this mean creators set their own terms but they receive 100% of the proceeds. This is in contrast to traditional content-sharing platforms. For example, Apple takes a 30% cut from sales made within the App Store.
TRON is also one of the most efficient blockchain networks. It offers fast, scalable, and cost-effective transactions. In terms of pricing, TRON’s native coin, TRX, currently trades at $0.14. This represents a 1-year increase of over 100%. A rise to $1 would require an upside of over 600% from current pricing levels.
7. Sei — Ultra-Fast, Carbon-Neutral L1 Chain Nearing the $1 Milestone
Sei is a new layer 1 blockchain that supersedes many of its predecessors. For a start, Sei can handle up to 12,500 transactions per second. In contrast, Ethereum is capped at around 30. Moreover, The Sei block confirmation time is just 380 milliseconds. This makes it faster than Solana.
Just like Ethereum and Solana, Sei handles smart contracts and decentralized applications. This means Sei could play a major role in the future of decentralized finance. Sei is also carbon neutral, making it one of the most energy-efficient cryptocurrencies to invest in. Today, Sei is trading at $0.87. This translates to a market capitalization of over $2 billion.
An increase of just 15% is needed for Sei to become the next cryptocurrency to hit $1. Long-term investors will be targeting much higher gains. After all, other layer 1 blockchains are valued at tens of billions of dollars. Sei has increased by nearly 11,000% since launching in August 2023 – making it one of the top-performing cryptocurrencies.
8. Algorand — Advanced ‘Pure’ PoS Network Aiming for a $1 Rebound
Algorand has developed a proprietary network that solves the blockchain ‘trilemma’. Put simply it’s able to achieve speed, security, and decentralization without compromising on any one factor. It achieves this through the ‘pure’ proof-of-stake consensus mechanism. This results in up to 10,000 transactions per second.
Right now, Algorand has a transaction finality of just 2.8 seconds. What’s more, Algorand enables developers to deploy smart contract agreements. Some of the decentralized applications using Algorand include Folks Finance, XBakced, COMPX, and Tinyman.
So, could Algorand be the next crypto to hit $1? Today, you can buy Algorand’s native coin, ALGO, for just $0.21. This converts to a market capitalization of almost $1.7 billion. However, ALGO trades 93% below its all-time high of $3.28. This shows that the $1 level is within reach, especially when the next bull cycle begins.
9. Kava — Hybrid Blockchain Blending Cosmos and Ethereum for Peak Smart Contract Performance
Kava is a revolutionary blockchain project that’s targeting the Web 3.0 industry. It has developed a hybrid protocol that combines the Cosmos and Ethereum blockchains. This offers developers the best of both worlds; Cosmos’s interoperability and Etheruem’s security. In turn, Kava is one of the best ecosystems for smart contract developers.
For instance, the average smart contract fee is just $0.0001 per transfer. In addition, Kava is highly scalable and it offers cross-chain functionality. This is a huge benefit from decentralized applications, as they can target multiple communities simultaneously.
Some of the leading protocols using Kava include Sushi Trident, Curve, WAGMI, Stargate, and Injective. In terms of pricing, Kava now trades at just under $0.82. This gives Kava a market capitalization of nearly $900 million. Its current price is over 90% below its all-time high – Kava was valued at $9.19 in late 2021. Therefore, $1 is well within reach in the short term.
10. Dogecoin — Iconic Meme Coin with Vast Community Support
Last on this list is Dogecoin, the world’s largest meme coin by market capitalization. Dogecoin has one of the biggest meme coin communities in the space, with millions of unique holders. This includes Elon Musk, who often tweets about his love for the project. So much so that Musk was previously sued for his Dogecoin hyperbole.
So that begs the question: Can Dogecoin reach $1? Currently, Dogecoin trades at just over $0.09 per DOGE. This price point is over 90% below its all-time high of $0.74. This price was hit during the 2021 bull run.
So, for Dogecoin to hit the $1 level, it would need to increase by just 35% from its peak. Do note, however, that Dogecoin had a market capitalization of over $75 billion at the $0.74 price point. This means it would need to add a further $26 billion to its peak valuation. This would make Dogecoin the first $100 billion meme coin.
Which Meme Coin Will Reach $1?
In our list of the next crypto to hit $1, we included top meme coins, such as Sponge V2 and Dogeverse, as well as Solana meme coins, like Smog and Slothana. But which is the next to hit $1?
- Dogeverse blends the charm of Dogecoin with an eco-friendly PoS protocol. This combination, along with its charitable focus, strengthens its potential.
- Smog leverages Solana’s efficiency and promises one of the largest airdrops ever, a strategy that could rapidly grow its community and help it hit $1.
- Sponge V2 builds on the 100x success of its predecessor with lucrative staking rewards, offering a compelling reason for both old and new investors to buy.
- Slothana, inspired by the wildly successful Slerf, promises similar rewards with its relatable mascot and simple presale method, having raised over $10 million already.
Among these, Dogeverse stands out due to its viral appeal and strong presale performance, suggesting it has the momentum to be the next meme coin to hit $1.
Methodology: How We Ranked The Next Cryptos to Hit $1
There are thousands of cryptocurrencies in the market; many trade close to the $1 mark. Here’s our methodology for ranking the next cryptos to hit $1.
Quick tips to find the next crypto to hit $1:
- Look for cryptocurrencies that have witnessed recent price growth — momentum is key.
- Focus on projects with a smaller market capitalization, since these have a greater chance of hitting $1.
- Explore cryptocurrencies with upcoming exchange listings; this can result in hype and FOMO.
- It’s also wise to focus on cryptocurrencies that are approaching the $1 mark.
- Look for projects with a strong social media following and community engagement.
- Use technical analysis to identify trends and predict future price movements; indicators like moving averages, RSI, and volume can help identify potential breakout coins.
Explosive Recent Growth
Like any financial market, momentum is crucial when trading crypto. Put otherwise, when a crypto project enters a prolonged upward trend, this often results in hype and FOMO.
This means more investors want to jump on board, which further amplifies its value. As such, we focused on coins that have witnessed explosive growth in recent weeks.
Low Market Capitalization
We also prioritized crypto projects with a low market capitalization. This will appeal to investors who like to target above-average gains. This is because micro and small-cap cryptocurrencies have more room to grow. While more volatile, this means a much higher chance of reaching the $1 level.
Take Smog as a prime example. Currently, Smog has a market capitalization of just $38 million. Consider that many meme coins are valued at hundreds of millions of dollars. Some – such as Shiba Inu, have billion-dollar valuations. This means that Smog could increase by significant multiples in the coming weeks and months.
That said, our methodology also included some larger-cap crypto projects. This provides investors with portfolio stability, as large caps are less volatile. For example, XRP currently trades at $0.58, which gives it a market capitalization of $32 billion. XRP’s all-time high is $3.74, so it could easily be the next crypto to reach $1.
Upcoming Exchange Listings
Exchange listings are also notable for blockchain projects – especially new cryptocurrencies. This is because exchange listings provide exposure to millions of new traders. This gives the project a great chance of becoming mainstream. This is why we covered a variety of presale projects.
After all, once the fundraising campaign is finished, presale cryptocurrencies are listed on exchanges. For example, Bitcoin Minetrix is coming toward the end of its presale. To date, the Bitcoin Minetrix presale has raised over $11 million. Once listed on exchanges, this valuation could explode.
Closeness to the $1 Mark
To have a realistic chance of hitting the $1 market, we prioritized cryptocurrencies that were within a reasonable range.
- For example, we mentioned that SEI currently trades at $0.87, so it only needs to increase by 15% to hit $1.
- Similarly, Kava is currently priced at just under $0.82. This would require an upside of 22% to surpass $1.
Can Shiba Inu Hit $1?
Some cryptocurrencies have virtually no chance of hitting $1. Shiba Inu is one example.
Here’s why:
- Today, Shiba Inu is priced at $0.00001081 per SHIB. This gives Shiba Inu a market capitalization of $6.35 billion.
- Shiba Inu would need to increase by 92,506 times to hit $1. This would translate to a market capitalization of over $587 trillion.
- Make no mistake about it – this will never happen. At least not in our lifetime.
Social Media Virality
Social media is one of the best ways for crypto projects to generate hype. Therefore, social media virality also formed part of our methodology. For instance, consider how many followers a project has on X. The more the better. Make sure these active followers are not bots.
This is easy to spot – assess how much engagement the project gets when new X posts are released. Most new cryptocurrencies have a Telegram and Discord channel. Again, check how many members they have. A large following can mean a growing community base. Sponge V2, for example, already has nearly 33,000 followers on X and 12,000 Telegram members.
Technical Analysis
Technical analysis is one of the best methods for identifying the next crypto to hit $1. This method evaluates historical market data, such as price movements and trading volumes, to predict future price trends.
To build our list of the next cryptos to hit $1, we used technical analysis to identify coins showing strong uptrends and consistent volume increases, which are key indicators of growing investor interest and potential price surges.
We specifically looked for patterns like breakouts and bullish trends that historically precede significant price increases. Additionally, we analyzed resistance levels that coins might need to overcome to reach the $1 mark.
Conclusion: What’s the Next Crypto to Hit $1?
Dogeverse, inspired by Dogecoin’s explosive success, taps into the meme coin craze with its adorable Shiba Inu mascot. Having raised over $12 million in presale, its strong investor interest suggests significant potential for growth. Its straightforward appeal and promising start position it as a likely candidate to hit the $1 mark, making it an attractive investment.
FAQs
Which crypto will reach $1 next?
Some of the cryptocurrencies that could hit $1 next include XRP, TRON, Sei, and Kava. Several presale projects could also hit $1 in the coming weeks, including Slothana and Smog.
What makes a crypto hit $1?
Crypto prices are determined by market forces, meaning increased buying pressure can send a coin to $1. Not all cryptocurrencies can hit $1, this depends on the market capitalization.
What crypto is pumping now?
Cryptocurrencies that are currently pumping include Dogeverse, Slothana, Smog, and Sponge V2.
References
- Decentralised Finance: Defining the Future of Finance (PwC)
- BANPU Electric Tuktuks and Battery Project: Report and Recommendation of the President (Asian Development Bank)
- Elon Musk Seeks to end $258 Billion Dogecoin Lawsuit (Reuters)
About the Author
Eric Huffman 
Alan Draper 
Viraj Randev 