Next Cryptocurrency to Explode in 2024: Which Tokens Will Boom?

Kane Pepi
Last updated: | 28 min read
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.

Many investors are looking for the next cryptocurrency to explode. However, with so many crypto projects in the market, it can be hard to make a definitive decision.

This guide will reveal the next cryptocurrency to blow up in 2024.

We take various metrics into consideration when evaluating the most promising cryptocurrency. As such, this guide will divulge each project’s performance, use cases, and much more.

  • New and improved meme offering over 300% staking rewards
  • Staked token supply to lock at end of presale to prevent volatility
  • More flexible and eco-friendly thanks to Ethereum blockchain build
Project Launched
March 2024
Meta
Stake-to-earn, Meme
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • Bank Card
    Bank Card
  • Send SOL and wait for airdrop - the new way of doing presales
  • Over $540K raised so far, expected to sell out very quickly amid memecoin buying frenzy
  • No hard cap total - first come first served
Project Launched
March 2024
Meta
Meme
Purchase Methods
  • Solana
    Solana
  • Innovatives VR & AR Gaming Project
  • Aiming to Raise $15M Across 12 Rounds
  • Token Holders Get Lifetime Access to VR Content
Project Launched
January 2024
Meta
VR
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • Bank Card
    Bank Card
  • 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
  • Buy and hold $SMOG to generate and earn airdrop points
  • 35% of supply reserved for future airdrop rewards
  • Viral potential after pumping over 1000%
Project Launched
February 2024
Meta
Meme, P2E
Purchase Methods
  • usdt
    usdt
  • Solana
    Solana
  • Native BSC token
  • Audited by Coinsult
  • Long-term rewards for holders
Project Launched
2023
Meta
AI
Purchase Methods
  • bnb
    bnb
  • usdt
    usdt
  • Bank Card
    Bank Card
  • Innovative stake-to-mine project for easy BTC mining
  • Presale has raised over $6.5m so far
  • Over 90% staking APY during presale
Project Launched
2023
Meta
Staking, mining
Purchase Methods
  • ETH
    ETH
  • bnb
    bnb
  • usdt
    usdt
  • Bank Card
    Bank Card
  • +1 more
  • Daily passive staking income
  • 250k giveaway participation
  • Free casino credits
Project Launched
July 2023
Purchase Methods
  • usdt
    usdt
  • bnb
    bnb
  • ETH
    ETH
  • Trending new meme coin presale with 6.9Bn total supply
  • Buy and stake $POODL to earn rewards of 12397% p/a
  • 30% of the token supply has been allocated to staking
Project Launched
February 2024
Meta
Meme, P2E
Purchase Methods
  • bnb
    bnb
  • ETH
    ETH
  • usdt
    usdt
  • Bank Card
    Bank Card
  • +1 more
  • Access to huge fee revenue through staking
  • 50% of 10bn token supply available at presale stage
  • 85% of fees go back to the community
Project Launched
March 2024
Meta
CasinoFi
Purchase Methods
  • usdt
    usdt
  • bnb
    bnb
  • ETH
    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
Project Launched
March 2022
Purchase Methods
  • bnb
    bnb
  • ETH
    ETH
  • usdt
    usdt

Top Potential Cryptocurrency to Explode in 2024

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

  1. Dogecoin20 ($DOGE20) – Eco-friendly DOGE upgrade with sustainable staking rewards.
  2. Slothana ($SLOTH) – New Solana meme coin that raised $550K+ in hours of launch.
  3. 5th Scape ($5SCAPE) – Meme coin introduces VR technology within the blockchain space.
  4. Sponge V2 ($SPONGE) – Upgraded version of a popular meme coin, rose 100x in 2023.
  5. Smog ($SMOG) – New meme crypto launched straight to DEX. Get 42% APYs.
  6. eTukTuk ($TUK) – New crypto building EV charging stations. $1.9 million raised.
  7. Bitcoin Minetrix ($BTCMTX) – Stake-to-mine crypto has raised over $12 million. 
  8. Scorpion Casino ($SCORP) – eGambling crypto platform has raised $3.5 million. 
  9. Poodl Inu ($POODL) – Latest meme coin, offering over 1,800% staking APY.
  10. Insanity Bets ($IBET) – Innovative DeFi platform enabling investors to generate yield through trading fees.
  11. Hypeloot ($HPLT) – AI-powered crypto casino, raised over $670K on presale. 
  12. DogeStar ($DOGESTAR) – Crypto-based space exploration metaverse game.
  13. PlutoSwap.ai ($PLUTO) – New DEX aggregator leveraging AI, priced at $0.101.
  14. Mollars ($MOLLARS) – New DeFi crypto with community-driven governance. $850K raised.
  15. Polkadot ($DOT) – Crypto platform enabling token transfers across multiple blockchains.
  16. Chainlink ($LINK) – Crypto oracle network with an $11 billion market capitalization. 

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.

Full Analysis of the Next Cryptocurrency to Explode in 2024

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. Dogecoin20 – Cheaper, Faster and More Secure – Just How Elon Would Have Created Doge!

We believe Dogecoin20 ($DOGE20) has the potential to explode in 2024. Built using the Ethereum blockchain, Dogecoin20 provides holders with an environmentally friendly way to earn passive income through an in-built Stake to Earn protocol. 

What’s more, the staking rewards have been democratically managed in such a way that rewards reflect your percentage of the staking pool. In other words, the more you stake the more you earn.

In contrast to the power-hungry Proof of Work Dogecoin, transactions on Dogecoin20 are fast, secure, and cheap to send, ensuring this cryptocurrency is fit for 2024 and beyond. In other words, Dogecoin20 is just how Elon would have created Doge!

DOGE20 main hero image

Once the presale ends, the token supply is locked until the $DOGE20 coin is listed on leading exchanges, ensuring the price of the token doesn’t crash on the first day.

With the cryptocurrency market in full swing, interest in Dogecoin20 is hotting up and with interest in dog-themed meme coins showing no signs of slowing down, it is safe to say that we expect $DOGE20 to be one of the major players of 2024.

Doge image 2

Staking your coins is quick and easy meaning within minutes of buying $DOGE20 you can be earning sustainable passive income. When combined with expected price appreciation, there has never been a better time to buy $DOGE20. 

To find out more about the project be sure to check out the Dogecoin20 website. To keep up with all the latest news make sure you follow Dogecoin20 on X and join the exclusive Telegram group to receive product updates.

Presale Started March 2024
Purchase Methods  USDT, ETH, BNB & Card
Chain Ethereum
Min Investment None
Max Investment None

Visit Dogecoin20

2. Slothana – New Solana Meme Coin That Raised $550K+ In Hours Of Launch

Slothana ($SLOTH) is a trending new Solana-based meme crypto that has caught investors’ attention with its innovative presale mechanism and potential for virality.

However, unlike traditional presales, investors can send $SOL tokens directly to the project’s wallet address and receive $SLOTH airdrops. This innovative method does not need multiple pricing stages or waiting for longer durations.

The project attracted strong investor interest and raised over $550K within a few hours of launch. Due to Solana’s low transaction fees and high throughput, the platform has become popular as a meme token and is expected to explode in 2024.

Slothana wallet address

The project’s central figure (an office Sloth that got fed up with the 9-5 lifestyle) has resonated with the memecoin community due to the character’s relatability and humor. It aims to recreate the success of other SOL-based meme coins with a market cap of over $400 million.

Also, rumors suggest a connection between Slothana and the founders of $SMOG, a similar Solana meme token that offered massive returns to early investors.

Slothana tweet

The meme coin market is expected to boom in April and Slothana aims to capitalize on this trend by offering a unique alternative. Users can follow Slothana on X (Twitter) for the latest updates and to interact with the community.

Presale Started March 2024
Purchase Methods  SOL
Chain Solana
Min Investment None
Max Investment None

Visit Slothana

3. 5th Scape – Popular New Crypto Project That Merges VR and Blockchain

5th Scape (5SCAPE) could be one of the few cryptocurrencies to explode in 2024 due to its innovative concept: Merging blockchain with virtual reality technology. The team behind this project plans to launch their own VR games along with a VR headset and a chair.

In the foundations of all that lies the 5SCAPE token, which will be used as a currency within the ecosystem, as well as to give holders exclusive access and discounts to 5th Scape products.

5th Scape presale

The 5SCAPE token is in a presale phase where you can only buy it with ETH or USDT on the 5th Scape website. Note there are 12 presale rounds, each round having a higher price than the previous. If you’re looking to participate in the crypto presale, buying in as early as possible could give you the lowest price.

The first round comes with a $0.00187 price per token, while the last round will charge $0.0087 per token, making a 365% price difference between the rounds. The token will list on exchanges at a price of $0.01, making a 434% difference between the first presale round and the token listing price.

5th Scape tokenomics

Follow 5th Scape on X and join the 5th Scape Telegram channel for the latest information on the presale. Also, join the 5th Scape Discord if you want to engage with the community.

 

4. 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 $SPONGE whitepaper describes as bigger, better, and more absorbent.

Sponge V2 Token Sale 

The team plans to expand the $SPONGE supply to 150 billion tokens. That increased supply is partially to support rewards for a new play-to-earn crypto game based around Spongebob Squarepants.

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.

The $SPONGE team is building excitement by aiming for upcoming listings on Binance and OKX, the world’s largest crypto exchanges. Binance has been listing meme coins like $BONK and $MEME recently, so it seems likely that a $SPONGEV2 listing could be just around the corner.

Sponge P2E Game

Now is the best time to buy $SPONGE before it rockets upwards because the project is offering a 100% purchase bonus. Anyone who buys $SPONGE will automatically stake the V1 tokens they buy and also receive an equivalent value in new V2 tokens.

Follow $SPONGE on X, Telegram, and Discord to learn out more about the bonus and get all the latest updates on the push for a Binance listing.  

Presale Started 17 Dec 2023
Purchase Methods  ETH, USDT, Card
Chain Ethereum
Min Investment None
Max Investment None

5. Smog – New Meme Token Offers 42% Staking APYs

Smog ($SMOG) is an exciting new crypto meme token with huge staking yields. Based on the Solana blockchain, Smog aims to become one of the biggest meme tokens – offering exclusive airdrop rewards. 

Smog homepage

Smog underwent its fair launch – listing straight on the Jupiter decentralized exchange (DEX). In less than 24 hours of the launch, $SMOG was up by over 1,300%. One of the reasons for this success can be attributed to the upcoming token airdrop. 

Smog promises to host the greatest Solana airdrop to date. To participate, investors must buy and hold $SMOG tokens, allowing them to earn airdrop points. You can buy $SMOG on Jupiter with SOL, or you can buy it with ETH or USDT on the Smog website. Staking is now live and you can earn 42% APY. 

$SMOG has a total supply of 1.4 billion – 35% of which will be offered as airdrop rewards. As of now, Smog is yet to disclose any other information regarding the airdrop. A majority of the token supply (50%) will be used to market this meme coin. 

Smog - how to buy

The goal is to achieve similar highs as other popular cryptos – like Pepe Coin and Bonk. In the future, Smog will also list its native token on centralized exchanges, helping increase the trading volume. 

Read the Smog whitepaper and join the Telegram channel to learn more about this project. 

Visit Smog

6. eTukTuk – Sustainable Cryptocurrency with New Presale Launch  

For the past five years, eTukTuk (TUK) has been working on its cryptocurrency platform. The project will set up electric vehicle supply equipment (EVSE) and EV charging stations in developing nations’ urban and suburban areas. 

Currently, over 270 million TukTuks use internal combustion engines (ICEs). These ICEs run on fossil fuels, contributing to more emissions than cars. As ICEs are slowly becoming obsolete, TukTuk drivers struggle to make a minimum wage. 

What is eTukTuk Banner

eTukTuk wants to set up affordable charging stations by leveraging the Binance Smart Chain blockchain. Since the blockchain supports a high number of transactions and charges low fees, TukTuk drivers will take home 400% by making the chance to electric vehicles. 

Furthermore, eTukTuk will set up charging stations in designated territories with the help of territory partners. These are local partners who will help in the operation and installation process. Thus, the costs will be lowered. 

eTukTuk will launch a drivers app through which TukTuk drivers using zero-emission vehicles (ZEVs) and other EVs can charge their vehicles at charging stations. On the driver’s app, drivers will make payments using $TUK, the native cryptocurrency. 

Token holders can stake $TUK to earn a passive income. As the number of territories increases, there will be a rise in revenue through the charging stations. This will also allow staked token holders to earn more passive income, making it one of the best staking crypto opportunities on the market for long-term rewards. 

etuktuk how it works

Currently, interested investors can join the token presale and buy $TUK for $0.028 – over $1.9 million has been raised already with the staking APY currently over 126%.

Read the eTukTuk whitepaper and join the Telegram channel for more information. 

7. Bitcoin Minetrix – Stake-to-Mine Crypto that Could Explode in Price

One of the cryptos that has the potential to explode is Bitcoin Minetrix (BTCMTX) – while Bitcoin Minetrix is not related to the Bitcoin project, it will be used to reduce the barriers to mining cryptos such as Bitcoin. 

Bitcoin mining can be a lengthy and expensive process. Investors must purchase advanced equipment, and hardware, and even set up Bitcoin mining rigs. Therefore, Bitcoin mining is conducted mostly by large corporations. However, Bitcoin Minetrix will decentralize cloud mining to make it available to everyday people. 

Bitcoin Minetrix presale

The platform palms to rent equipment and mining times from other corporations. By staking $BTCMTX, the native cryptocurrency, token holders can earn cloud mining credits. 

The tokens will be staked on an Ethereum-based smart contract. The credits you receive are ERC-20 tokens and will be recorded on the blockchain. 

These tokens can be burned to earn Bitcoin mining power. The mining power is leveraged to get allocated mining times, through which you can potentially earn a percentage of mining revenues. Thus, Bitcoin Minetrix will make it cost-effective and simpler to earn rewards via mining. 

$BTCMTX also gives investors access to high APY crypto staking of up to 57%. This token is currently priced at $0.014, with the price to increase to $0.0148 by the 39th and final round.

bitcoin minetrix rival comparison

In total, 2.8 billion $BTCMTX tokens will be allocated equally across ten rounds. This represents 70% of the total 4 billion supply. 

Bitcoin Minetrix has already raised more than $10.4 million since launching, with the goal to raise $33 million by the end of the presale. Read the Bitcoin Minetrix whitepaper and join the Telegram channel to find out more about this cryptocurrency. 

Presale Started 26 Sept 2023
Purchase Methods  ETH, USDT, BNB
Chain Ethereum
Min Investment $10
Max Investment None

 

8. Scorpion Casino – The Future Leading eGambling Platform

The native token behind Scorpion Casino, SCORP, is one of the next cryptocurrencies to explode as it allows all holders to earn up to $10,000 USDT in daily passive staking income. 

Described as the future leading eGambling platform, Scorpion Casino is on a mission to build the number one social online gambling platform where users can earn a daily yield based on the casino’s performance.

scoropion casino blackjack graphic

The casino provides a fun and seamless gaming experience that simultaneously allows everybody to earn. The casino can boast over 210 casino games, with 160 live games, that are highly polished as the project is connected to all the major gaming providers, such as Evolution and NetEnt.

In addition, all of the popular table games, such as blackjack, roulette, and poker, are available on the platform alongside fun games like slots.

Furthermore, the casino also offers a separate sports betting section, allowing users to place bets on the outcome of their favorite sports games. All the major leagues are integrated for popular sports, such as football, tennis, golf, horse racing, basketball, boxing, and MMA.

The best part about the casino is that it’s licensed and regulated by the Curacao EGaming licensing entity, making the casino fully transparent and provably fair.

scorpion casino presale now live

The SCORP token is the native token behind the platform and is the exclusive payment method for the Scorpion ecosystem. It’s the default betting currency across sports and casino gaming products and provides a passive income for those holding the token. The re-distribution tax provides the income, which sees 2% of every transaction being re-distributed to holders. Furthermore, a 1% burn tax also makes the token deflationary.

The project is currently hosting a presale for the SCORP token before it launches and hits centralized exchanges. Those that purchase more than $1,000 SCORP in the presale are enrolled in the Elite Scorpion Members Club, which provides VIP services, cashback, extra staking rewards, and extra SCORP tokens.

Additionally, investors that use the exclusive bonus code Scorpion20 in the presale can get an extra 20% tokens on their investment. More than $6m has been raised since the presale launched. 

Token Symbol  SCORP
Presale Supply 200,000,000 SCORP
Token Type BEP-20
Payment Method ETH, USD, BNB
Listing Price $0.05

 

9. Poodl Inu (POODL) – New Metaverse Meme Project with In-Game NFTs, Presale is Soaring 

Poodl Inu is an exciting new presale that could explode as it aims to outperform its dog-themed peers Dogecoin, Shiba Inu and Bonk. Being in a presale means you get to buy it at a discounted price compared to the price when it lists on major exchanges.

To participate in the presale, connect your Ethereum wallet and use ETH, USDT or a card to make the purchase. Once you buy the tokens, stake them to earn over 1,800% staking APY. Keep in mind, the APY will drop as the presale progresses, meaning you can take advantage of the high APY only during the early stages of the presale.

poodl inu presale page

From the total token supply, 80% are dedicated to the token presale and staking rewards. This gives early investors the opportunity to get the most tokens before POODL launches for trading on exchanges.

Get the latest information on the Poodl Inu X and Poodle Inu Telegram channel.

Token Symbol  POODL
Presale Supply 3.45 billion
Token Type ERC-20
Payment Method ETH, USD, BNB, Card
Listing Price  N/A

 

10. DogeStar (DOGESTAR) – New Metaverse Meme Project with In-Game NFTs, Presale is Soaring 

DogeStar (DOGESTAR) is a multi-utility meme ecosystem that will feature an open-world metaverse, in-game NFTs, and a governance DAO (Decentralized Autonomous Organization). 

DogeStar presale

While $DOGESTAR is still available to buy on presale, the deflationary tokenomics and use cases can help the token explore after the initial exchange offering. DogeStar will offer community members entry into a space exploration metaverse – where you can explore and take part in multiple games. 

The NFTs are based on a dynamic value system – meaning they can grow in value over time. This will happen depending on your performance within in-game events, and individual player achievements. Community members can also help shape the future of DogeStar by joining the decentralized autonomous organization – which gives you governance rights. 

NFTs can be purchased through the Galactic Bazaar – DogeStar’s NFT marketplace. The NFTs range from cosmic enhancements to powerful artifacts that offer help throughout the gameplay. DogeStar has a total supply of one quadrillion – 69% of which will be burned over time. 

DogeStar community

As the supply reduces, the remaining tokens can gain value in the long term. Another 10% has been distributed for the ongoing presale – which has already raised more than $700K. At the time of writing, $DOGESTAR is priced at only $0.00000032 per token. 

A successful presale can help the token list on popular exchanges, resulting in a potential price explosion in the coming months and years. Stay updated with this cryptocurrency by going through the DogeStar whitepaper and joining the Telegram channel

Token Symbol  DOGESTAR
Presale Supply 1 Quadrillion
Token Type ERC-20
Payment Method ETH, USD, BNB
Listing Price  $0.0000006

 

11. Hypeloot – Get Staking Rewards and NFTs with this AI Crypto Casino 

Hypeloot gives customers access to various provably fair casino games created using artificial intelligence. You can open Mystery boxes – packed with a range of goodies, including tech products, luxury clothes, and shoes. 

Hypeloot crypto gambling

Rewards can also be earned by engaging in popular casino games such as Crazy Wheel and Plinko. To earn higher rewards on Hypeloot, customers can hold $HPLT, the native token. Token holders get free gaming credits within the casino. 

Furthermore, you can stake $HPLT and earn passive income through a staking pool. In 2022, Hypeloot generated $1 million in profits from its betting and gambling ecosystem. A portion has been be used to buyback $HPLT tokens. 

50% of the tokens bought back will be burnt, while the rest will be offered as rewards from the staking pool. In total, $HPLT has a 100 million token supply. 12.5% will be offered through the staking rewards. 

Hypes NFT

40% of the supply is being allocated through the ongoing presale, where $HPLT is currently priced at only $0.09375 per token. Since the presale launched, Hypeloot has raised more than $670K. All these use cases could help the token to explode after its exchange listing. 

Furthermore, presale investors will also be eligible to access Hypes NFTs. These NFTs will be traded on the marketplace after the exchange listing. Stay updated with this crypto platform by going through the Hypeloot whitepaper and joining the Telegram channel

Token Symbol  POODL
Presale Supply 3.45 billion
Token Type ERC-20
Payment Method ETH, USD, BNB, Card
Listing Price  N/A

Visit Hypeloot

12. PlutoSwap.ai – AI-Based Token Swapping Platform and DEX Aggregator, Available on Presale 

PlutoSwap.ai ($PLUTO) is the next new cryptocurrency that is likely to explode. This is a decentralized exchange aggregator and token-swapping platform. PlutoSwap.ai stands out by leveraging artificial intelligence tools to connect users to the best possible trades on the market. 

The platform enables direct connections of Automated Market Maker pools across different providers. So far, PlutoSwap.ai is integrated with the MANTA network and will soon integrate with Ethereum and the Binance Smart Chain. 

PlutoSwap.ai presale

Its AI-powered pathfinder algorithm scans multiple decentralized exchanges, searching for the best possible price for each given trade. PlutoSwap.ai primarily uses layer-2 blockchains since they offer lower fees and higher transaction speeds. 

$PLUTO is currently available to purchase for just $0.101 on presale. The token gives governance and voting access, as well as staking opportunities. From its 300 million token supply, 20% has been allocated for the presale. 

After its initial exchange offering, $PLUTO could be the next big cryptocurrency to explode. Stay updated with all project developments by reading the PlutoSwap.ai whitepaper and joining the Discord.

Token Symbol  PLUTO
Presale Supply 60,000,000 PLUTO
Token Type Ethereum
Payment Method ETH, USDT, USDC, Card
Listing Price  N/A

13. Mollars  – New DeFi Crypto With Community-driven Governance

Mollars ($MOLLARS) is a new DeFi crypto that can explode with a presale that appeals to investors looking for autonomy and community-driven governance. The project stands out for integrating gaming and potential Web3 applications, improving utility and engagement for token holders. 

It aims to create a merit-based economy that encourages strong community bonds and active participation. Currently, the platform is in its presale phase and has already raised over $850K from its target of $1.6 million in just a few weeks.

Mollars presale

The platform is committed to building a decentralized financial ecosystem where the community plays a significant role in decision-making, including allocating 4 million tokens from a total supply of 10 million for the presale.

Per the Mollars whitepaper, a key feature of Mollars is the transfer of governance to its users after the launch, ensuring the project remains community-focused and sustainable. 

Additionally, a 3% transaction tax supports ecosystem development, and a 1% burn rate on transactions helps maintain token scarcity and value appreciation over time.

Those interested in staying informed about the platform’s latest developments can join the Mollars Telegram channel and follow it on X (Twitter).

Token Symbol  MOLLARS
Presale Supply 4,000,000 MOLLARS
Token Type Ethereum
Payment Method ETH, USDT, Card
Listing Price  N/A

Visit Mollars

14. Polkadot – Platform Enabling Cross-Blockchain Transfers

The next big crypto to talk about is DOT, the native token of Polkadot. This is a decentralized protocol that facilitates data and value being sent between different networks that wouldn’t otherwise be compatible.

As such, Polkadot serves as a connecting point for all other blockchain networks. This promotes scalability and interoperability. Thanks to its use of next-generation nominated proof-of-stake (NPoS), Polkadot uses a tiny fraction of the energy compared with many other blockchains.

polkadot web3 homepage

Among the proof-of-stake procedures examined in a recent study, Polkadot has one of the lowest carbon footprints in the industry. Investors of DOT can stake their tokens for incentives. DOT also acts as a governance token.

Unlike some platforms, which only offer certain privileges to miners, Polkadot holders can partake in the management of events like fixes and protocol upgrades. At the time of writing, DOT has a market capitalization of over $7 billion and is in the top 15 coins on CoinMarketCap.

15. Chainlink – Established Project With Hundreds of Partnerships

Although LINK is already a well-known cryptocurrency and is ranked among the top 25 tokens on CoinMarketCap, it still has room to grow. Chainlink’s ability to link smart contracts on blockchains to data and events in the real world is one of its many uses. Does this mean it become one of the top real-world asset tokens

This is the most popular oracle network for hybrid smart contracts. The oracle network of Chainlink may be used by a smart contract to obtain external data, such as the price of Bitcoin Cash in US dollars for instance.

chainlink crypto homepage

Then, as compensation for their work, Oracles receive LINK tokens. Chainlink also offers timely, precise off-chain data reports for anything from AccuWeather to the SWIFT payment system. Furthermore, token staking and node delegation schemes will soon be implemented by the network.

The upgrades could contribute to making Chainlink more secure and decentralized, which might rekindle interest in the project. At the time of writing, LINK has a market cap of nearly $4 billion.

How to Find the Next Potential Cryptocurrency to Explode

When looking for the next crypto to explode, investors should look for projects with doxxed (publicly revealed) teams, thorough and well-put-together roadmaps and whitepapers. 

Finding the next cryptocurrency to explode isn’t as easy as it sounds.

Sites like CoinMarketCap, CoinList, and CoinGecko will list dozens of new coins every week, but potential investors must do further research and due diligence before deciding to invest in a coin.

Websites like CoinSniper, Solid Proof, and TokenSniffer will help you decide if a project is legitimate or not, as can social media sites like Reddit and Twitter.

We’ve analyzed the next potential cryptocurrency to boom and heaps of alternatives. That said, investors can check out some considerations below to aid their decision-making.

Our Methodology – How We Chose the Next Crypto to Blow Up

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 tokens, meme coins, or utility-focused projects. Having our ears to the ground helps us spot the next potentially explosive project.

Community Engagement (25%)

Many 100x coins or large market cap 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 as we will explore:

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, the attention of a broader audience is drawn. 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, cryptos like Bitcoin have a capped supply, which is what creates a sense of 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. The next Bitcoin halving event is expected in Q2 of 2024, and this is already creating increased demand, causing volatility in the coin’s price.

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 conduct Initial Coin Offerings (ICOs) as a fundraising method. ICOs allow investors to purchase tokens of a new cryptocurrency before it is officially listed on exchanges. Platforms like ICO Bench, TokenMarket, and ICO Drops provide information about ongoing and upcoming ICOs.

2. IEO Platforms

Initial Exchange Offerings (IEOs) are token sales that let investors purchase tokens directly from the exchange hosting the IEO. Some popular exchanges that host IEOs include Binance, Huobi, and KuCoin.

3. Token Sale Websites

Some projects conduct token sales directly on their official websites. Investors looking for the best crypto to invest in right now can participate by following the registration process and contributing funds to the project during the specified token sale period.

4. Decentralized Exchanges (DEXs)

Top decentralized exchanges like Uniswap, SushiSwap, and PancakeSwap allow users to trade tokens directly from their wallets. Some projects may choose to list their tokens on DEXs before centralized exchanges.

5. Private Sales

Some projects offer crypto private sales to a select group of investors before conducting a public sale or listing on exchanges. Access to private sales is often restricted and may require connections with the project team or participation in the project’s community.

6. Venture Capital Investments

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

7. Community Airdrops

Some projects distribute tokens for free through airdrops to their community members. Crypto airdrops can be a way to distribute tokens widely and encourage community engagement. Keep an eye on official project announcements and social media channels for airdrop opportunities.

The Verdict on 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, Dogecoin20 is the next crypto to explode. The $DOGE20 token is a sustainable upgrade to the original Dogecoin and because it has been built on the Ethereum blockchain, it is faster, cheaper and more secure than its predecessor.

Visit Dogecoin20

Next Crypto to Blow Up FAQs

What is the most likely next cryptocurrency to explode?

Dogecoin20 is the crypto token most likely to explode next. It offers democratic token distribution and sustainable staking rewards. 

How do I find the next big crypto?

There are many ways to find the next crypto to blow up. Check out the roadmap of the crypto project to ensure it has a clear vision to grow. Moreover, the success of a presale can indicate how popular a project is and whether or not it could be the next crypto to explode.

Where can I buy the next big cryptocurrency?

Newly launched cryptocurrencies can often be purchased on presale via the project’s platform. Alternatively, once listed, investors can buy cryptocurrencies via an exchange, or an online broker that offers digital currencies can also fulfill the order.

References

  1. Polkadot Network
  2. Polkadot Has Smallest Carbon Footprint, Crypto Researcher Says – Bloomberg.com
  3. How Cryptocurrency Scarcity Affects Value – IG.com
  4. Mollars Whitepaper 
  5. Bored Ape Yacht Club
  6. Hypeloot Whitepaper

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.