What is the Next Cryptocurrency to Explode in 2023? Top 12+ Contenders
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Many investors are looking for the next crypto to blow up. 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 explode in 2023.
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.
Top Potential Cryptocurrency to Explode in 2023
Below is a list of the next cryptocurrency to explode in 2023:
- Love Hate Inu (LHINU) - Best Vote-to-Earn Crypto To Explode in 2023
- Fight Out (FGHT) - P2E Crypto to Explode Offering 67% in Bonus Tokens
- Metropoly (METRO) – New NFT Marketplace Set to Revolutionize Global Real Estate
- C+Charge (CCHG) - New Presale Project Offering Carbon Credits to EV Drivers
- Swords of Blood (SWDTKN) - A P2E Game All Set to Explode
- RobotEra (TARO) - Top P2E Crypto in Newly Launched Presale
- Securedverse (SVC) - Best P2E FPS Game Newcomer Revolutionizing the Sector
- Tamadoge (TAMA) - Exciting Meme Coin with Varied Gaming Universe
- Battle Infinity (IBAT) - NFT-Based Sports Fantasy P2E Platform and Ecosystem
- Lucky Block (LBLOCK) - Leading Crypto Casino with 200% Matched First Deposit
- Polkadot (DOT) - Platform Enabling Cross-Blockchain Transfers
- Chainlink (LINK) - Established Project With Hundreds of Partnerships
- ApeCoin (APE) - Native Crypto of the Bored Ape Yacht Club Ecosystem
- Decentraland (MANA) - Currency of Popular All-Immersive Metaverse
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.
Additionally, many of these exciting new cryptos could also feature on the next upcoming Binance listings in 2023.
Full Analysis of the Next Cryptocurrency to Explode in 2023
Ever wondered what the top crypto that will make you rich in 2023 is? A large part of discovering the best new cryptocurrency, or even well-established ones, is down to thorough research and analysis.
With the view of aiding investors to make money with cryptocurrency and informed choices, we’ve analyzed a range of projects that have the potential to be the next crypto to blow up in 2023.
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. Love Hate Inu (LHINU) - Best Vote-to-Earn Crypto To Explode in 2023
With the cryptocurrency market expanding, it can be challenging for investors to spot the next crypto to explode. Assessing a new cryptocurrency in light of its potential to solve real-world problems is integral to the process.
The utility meme token Love Hate Inu is on track to alter the face of online polling - an industry worth more than $3 billion - with its innovative vote-to-earn rewards system.
Investors have already flocked toward the platform, which has already raised almost $400,000 in less than a week.
At the time of writing, buyers can buy the $LHINU tokens at a relatively discounted price of $0.000085. However, this price will increase to $0.000145 by the end of eight presale stages and can fetch a 70.5% ROI on the current price.
What is Love Hate Inu?
The Love Hate Inu platform conducts online polls with the help of a blockchain-based voting system.
The project allows users to vote on various issues of community interest, tabulate the results, and use the platform's funding mechanisms to survey those issues.
|Presale Stage||Token Price||Amount of Tokens||Token Percent||Total Price||Stage End Date|
|1||$0.000085||11,250,000,000||12.5%||$956,250||(Soft launch) + 7.5 days|
As outlined in the whitepaper, the vote-to-earn platform has three primary components: the user interface, vote submission, and management dashboard.
Apart from supporting the creation and management of polls, the management dashboard also allows the platform to utilize generated funds for conducting surveys on issues pertinent to the community, allowing everyone to participate and connect.
Love Hate Inu's innovative voting system allows users to vote anonymously without worrying about spam or tampering, setting it apart from competing survey platforms.
The more tokens a user stakes, the more influence their vote has, and vice versa, while only those who have staked tokens for at least 30 days can participate.
Why Should You Buy $LHINU?
By integrating blockchain technology, Love Hate Inu is transforming the online survey market with a first-of-its-kind voting platform that can record unalterable results through distributed ledger technology.
As a precaution against rug pulls, the presale aims to sell 90% of the maximum 100 billion tokens, putting the project in the hands of the community.
The platform will hold back 10% of all tokens issued to guarantee long-term liquidity, finance exchange listings, and incentivize the community.
Joining the Love Hate Inu Telegram group allows users to communicate with one another about the project and receive the latest updates.
|Presale Started||8 March 2023|
|Purchase Methods||ETH, USDT, Credit Card|
2. Fight Out (FGHT) - P2E Crypto to Explode Offering 67% in Bonus Tokens
Fight Out's play-to-earn gaming ecosystem takes gaming to the next level by integrating real-life training with virtual benefits.
With Fight Out, you can train to enhance your avatar's stats, compete in play-to-earn games, and earn FGHT and other exciting prizes. You can also discover new content, explore the metaverse, and attend real-life events.
The highly ambitious project - which has now raised more than $5.5 million - is creating huge buzz in the crypto space because of its potential to be a leading P2E project.
The FGHT token is now in the second stage of its presale with investors also able to earn up to 67% in bonuses depending on their purchase amount and locking period.
The recently revamped bonus scheme is a step forward, with no minimum vesting requirement and a bonus airdrop of 10% to existing investors.
Buyers can also choose not to vest tokens and there is a 5% USDT referral program on offer.
Furthermore, tokens rise in price every week until they reach a max price of $0.0333 on March 31, 2023 - with the IEO scheduled for April 5, 2023.
While other P2E projects launched with hype in the last 12 months, these projects have dipped given expensive starting costs and flawed rewards systems.
Fight Out has been developed to avoid those two major issues, offering small costs to use the Fight Out app to subscribe to the gym and a robust rewards system - using in-app currency REPS - that will see players redeem useful items such as discounts to membership, personal trainer sessions, apparel, fitness equipment and supplements.
With its cutting-edge train-to-earn model and gaming ecosystem, Fight Out is all set to revolutionize the play-to-earn space. Users can train hard and earn REPS for their accomplishments. They can use REPS to purchase cosmetic NFTs, validate badges, and enhance avatar attributes in the platform's in-app marketplace.
While those projects are also largely concerned with steps and walking, the Fight Out algorithm will use smart technology to track movement, key effort indicators and even sleep and nutrition to build out a digital fitness profile.
That profile - a soulbound NFT avatar that is fully customizable but cannot be traded - then gets a tailored workout program that not just concentrates on strength and cardio, but takes a holistic approach that includes wellness and mental health.
The NFT avatars are central to the Fight Out metaverse, which gives the project play-to-earn utility - users can take part in daily, weekly and monthly competitions that see users pit themselves against others for rewards, as well as participate in player-vs-player games.
Fight Out, which we rate as the best crypto to buy, has also welcomed four elite athletes to the project as ambassadors - not only to help with marketing but to provide masterclass-style content and behind-the-scenes access.
Savannah Marshall, who fought Claressa Shields in the most-watched women's boxing match ever, top 10 UFC stars Taila Santos and Amanda Ribas, and American Ninja Warrior Tremayne Dortch have all signed on.
The project has a 10 billion max supply with up to 9% sold in the presale to fund the launch of the project, up to 4.5% for the bonus scheme and 10% allocated to exchange liquidity. The remaining 76.5% of tokens will be vested over five years to ensure long-term growth.
Fight Out has been developed by doxxed and KYC-verified team, while the smart contract has been audited by Certik.
More information on Fight Out can be found in the whitepaper and Telegram group.
|Presale Started||December 12|
|Purchase Methods||ETH, USDT, Transak|
3. Metropoly – New NFT Marketplace Set to Revolutionize Global Real Estate
The use cases of NFTs should not be limited to the art, gaming, and finance sectors. If NFTs are to enter the mainstream, they should provide real-world use cases. Metropoly is the latest project that takes on this mission.
The NFT marketplace simplifies and decentralizes the real estate market in Web3.
Metropoly hosts the first NFT marketplace backed by (100%) real-world properties, where real estate assets are converted into NFTs and then divided into fractional NFTs. Why? So that real estate investments can be made available to retail investors for prices as low as $100 per piece. The assets are not second to their traditional counterparts.
For example, they accrue passive income in rent and appreciate in value over time. In fact, they are set to change the way we have known real estate assets with new features and functionalities.
For starters, Metropoly cuts down the time, effort, and cost that go into real estate investment. You don’t have to deal with the hassles of documentation, maintenance, and occupation when adding Metropoly NFTs to your wallet.
And you can sell your NFTs any time you want on the marketplace, the beta version of which is now live. The method is a huge time-saver. If it takes two months to trade a property now, you can trade Metropoly NFTs in less than two minutes.
The growing hype around the METRO presale indicates the growth potential of the project. METRO is the native cryptocurrency of Metropoly that will play an integral role in supporting its open economy. As the real estate market is largely immune to inflation, the tokens will make an excellent investment this year.
USDT, ETH, BNB
After the presale is sold out or on April 1st, 2023
Another factor that expedites the presale is the early-stage discounts - use the bonus code Launch20 to get an additional 20% on your purchases. - and the fact the project has already raised $800,000.
The project has also launched a compelling giveaway of a Burj Khalifa Apartment worth $1,000,000 as part of its marketing campaign. To participate in the giveaway:
- Complete the tasks listed under the contest on Gleam.
- Hold $100 in METRO in your wallet at the time of the draw.
The apartment has the potential to earn up to $100,000 annual passive income from rent.
4. C+Charge (CCHG) - New Presale Project Offering Carbon Credits to EV Drivers
C+Charge is an exciting new crypto project set to explode in 2023 and beyond as it offers carbon credit rewards to further incentivize drivers to buy electric vehicles (EVs).
The new project will launch a mobile app that not only allows EV drivers to earn carbon credits while recharging, but also offers key pricing and diagnostic information making driving much more convenient.
The project seeks to make the pricing of EV recharging uniform across the industry as well as help drivers avoid long queues and broken charging points.
C+Charge has already partnered with Flowcarbon to offer Goodness Nature Tokens (GNT) which are 1:1 backed by carbon offset and regeneration projects. Flowcarbon completed a $70 million funding round in mid-20, attracting investment from major venture capital firms including a16z, Samsung Next and Invesco.
C+Charge itself has already attracted $250,000 of angel investment from crypto VC firm 360° Crypto Economy and has partnered with Perfect Solutions - meaning it already operates 20% of charging stations in Turkey.
Carbon credits are permits that allow the holder to emit CO2 into the atmosphere with one credit equal to one ton of carbon dioxide.
The asset class is set for exponential growth in the next decade, with the likes of Tesla already making billions annually by selling credits to other companies. C+Charge will allow individuals to own and trade carbon credits where previously it has been the sole domain of big business.
The CCHG presale recently launched with tokens now on sale for $0.019 and already in the sixth of eight presale rounds and more than $2.75 million raised.
By the final stage, tokens will sell for $0.0235 each - an increase of 23.6% - while one crypto whale also bought $100,000 of CCHG in a single transaction during stage 1.
There are 400 million tokens on sale during the presale, from a max supply of 1 billion, with no vesting period and a hard cap of $6.85 million.
However, the project has recently revealed any unsold presale tokens will be burned after each stage, with 35 million so far removed from the supply.
The C+Charge team is doxxed and KYC verified. For more information on the project and its tokenomics, read through the whitepaper or join the Telegram group.
|Phase||Price||% of presale tokens||Number of Tokens||$ Value||Stage End Date||Stage Tokens Burned||Total Tokens Burned|
|TOTAL||80% increase||100%||400,000,000||$6.85 million||-|
5. Swords of Blood - A P2E Game All Set to Explode
The world of crypto gaming is experiencing significant growth, with a plethora of fascinating games that utilize the power of cryptocurrency.
Skilled game developers recognize that the crucial factor for success is to merge these mechanisms seamlessly with a captivating narrative.
An excellent illustration of this strategy is demonstrated by Swords of Blood. This game immerses players in the desolate universe of Ezura and enables them to embody various classes, such as battle-mages and warriors, to embark on exhilarating quests in pursuit of valuable loot. What distinguishes this game from others in its genre is its captivating plot, which sets it apart as a unique gaming experience.
Swords of Blood is engineered to be playable on both mobile and PC platforms and features cross-play functionality.
The game is available for free, and the developers prioritize providing a satisfying gaming experience above monetary gain. They have stressed that their primary objective is to create a game that players will enjoy, with revenue generation being a secondary concern.
For those acquainted with classic role-playing games featuring loot-based gameplay, Swords of Blood will seem familiar. The game provides players with the opportunity to acquire formidable weapons and armor, forge mighty equipment, and create custom items to enhance their characters to match their individual playstyle.
The project also has some major investors behind it, including Master Ventures, Shugo Ventures, Magnus Capital, Metavest, Fundamental Labs, and Krypital Group, among others.
SWDTKN is the primary token that drives the Swords of Blood game, and the project has organized a presale to attract interested investors. Early investors can select from various tiers of benefits, with Tier 1 providing early access to the beta version.
The topmost tier includes all the advantages of the lower tiers, as well as an exclusive Sword of Blood, designed by Ben Abbott. Other tiers offer enticing perks such as in-game items and real-world merchandise like a letter opener and a hoodie.
6. RobotEra (TARO) - Top P2E Crypto in Newly Launched Presale
RobotEra launched the presale of native token $TARO in November 2022 and looks set to explode according to market sentiment.
Bearish crypto prices have revealed that investors favor play to earn tokens over other crypto assets because of their intrinsic reward element.
P2E tokens held more of their value than even some of the best altcoins - and investors receive the highest returns by getting in early on projects
Investors wanting to bag affordable assets that may explode will want to buy RobotEra crypto during the first stage, which sees TARO tokens on sale for just $0.02 each.
Therefore, investors who buy TARO during the first stage will own an asset that has appreciated by a guaranteed 60% by the time the token reaches exchanges.
Major exchange listings will then follow, which means more exposure and more demand for TARO tokens.
A key reason investors are excited by TARO tokens is that RobotEra, which is an LBank Labs project, rewards their P2E players in several different ways.
Players use NFT robot avatars to reconstruct the Taro planet by buying metaverse plots of land and embellishing it with assets and activities.
NFT robots and the metaverse land can both be customized and improved and, eventually, monetized.
As well as using them in the game, players use custom tools to upgrade their robots and build new ones, both of which can be sold as NFTs on the marketplace.
The metaverse land plots can be built upon with very few limits, with developers anticipating they will be used for concerts and events, NFT museums and community hubs.
Monetization will come from charging admission for events, or erecting advertising billboards that real companies and utilize.
Players need no coding knowledge to build their worlds, instead using in-game custom tools that allow for 3D scenes, sound, physics, user interaction and much more. The developers anticipate new use cases will emerge with few limitations on what can be developed in the RobotEra metaverse.
Further game rewards will come from mining minerals, participating in concerts, or even owning whole continents of land - players can also earn passive income by staking their TARO tokens.
More information about the tokens, the presale and upcoming exchange listings are available via the Telegram channel or on the RobotEra whitepaper.
RobotEora has allocated only 15% of the total token supply to the presale, with a hard cap of around $7 million, and there will be no vesting period on presale tokens.
Although tokens are currently on sale for $0.02, the price will increase as the stages progress with stage 2 tokens selling for $0.025 and stage 3 for $0.032 each - making now the time to buy the coin at the lowest price.
|Presale Started||November 2022|
|Purchase Methods||ETH, USDT|
|Min Investment||1,000 TARO|
7. Securedverse (SVC) - Best P2E FPS Game Newcomer Revolutionizing the Sector
Securedverse is the best play-to-earn newcomer that is ready to shake up the entire GameFi sector. The first-person shooter game requires players to battle it out in various game modes to become the final player standing.
In the game, players collect points which lets them climb a leaderboard - the players with the most points on the leaderboard are rewarded the most earnings.
The project is on a mission to totally revolutionize the GameFi sector by making an addictive FPS game filled with immersive game mechanics.
The game is being developed with a gaming studio called Portsea games - a company with extensive experience in the VR Gaming category. The game is expected to have simple controls for plays but will still have intense combat mechanics.
Players are encouraged to increase their skills in Securedverse because they’re rewarded more for being better players. Before heading into battle, players can select a hero from four different options, each having different abilities and skills.
Players are also expected to choose their weapon selection to provide them with the best competitive edge on the battlefield.
On the platform, players can earn crypto through playing the game, staking SVC tokens, and participating in other in-game activities.
The project is currently undergoing a presale for its native token, SVC. The token will e the primary transaction token on the platform and will also provide rewards for players. The token is currently being sold at a price of $0.0143, but this will increase as the presale progresses through the fundraising milestones.
As a result, those that invest earlier will likely end up with more profits once the token is launched on tier-1 exchanges due to the increasing pricing mechanics.
Furthermore, it's essential to point out that the team leading Securedverse is highly experienced, which is likely why its presale is gaining a lot of attention.
The team has stated that the game's first version is ready to be launched as soon as the SVC presale is complete. Therefore, investors won’t wait too long for the project to gain momentum once it hits exchanges.
8. Tamadoge (TAMA) - Exciting Meme Coin with Varied Gaming Universe
Another big crypto to hit the market is TAMA. TAMA is the gateway token of the Tamadoge ecosystem and pumped after listing on exchanges - reaching an all-time high nearly 2,000% above its presale price.
This interesting P2E (Play-to-Earn) gaming platform and metaverse allows players to mint, breed, and battle their own Tamadoge pet in the Tamaverse.
The main elements of the Tamadoge ecosystem include tokens, games, pets, and the metaverse. The native currency TAMA, it’s used to buy and mint virtual pets, food, accessories, and more.
The first three of five arcade-style games, Super Doge, Rocket Doge and To The Moon, are now live and sees players traverse a Mario-style platform world and collect coins. They are all available both play-to-earn - with an NFT needed - as well as free-to-play.
TAMA tokens have been surging by more than 50% in 2023 and with two more Tamadoge Arcade games, the main game and an augmented reality app on the way, the price is expected to break out even further this year.
Tamadoge broke records with its recently completed presale - where the project raised more than $19 million in less than eight weeks - and has been one of the few coins to make significant gains during the 2022 bear market.
In terms of Tamadoge games, there are more P2E options expected to be revealed later in the roadmap, Q3 2023, which will include arcade-style games. The platform also plans to house an AR-based app. As such, by Q4 2023, players will be able to see the game’s visual and audio content in their own environment.
The Tamaverse is the project's own metaverse, here, players can breed, mint, and take pets to battle to get to the top of the leaderboard - while digital toys, treats and food can be bought in the pet store to help the pets grow. Players can also earn real rewards in the Tamaverse.
The TAMA token also employs strict tokenomics that sets it apart from the likes of Dogecoin and Shiba Inu. Tama has a max supply of just 2 billion tokens and will also include a deflationary mechanism that will see 5% of tokens from every transaction in the pet store burned.
DOGE, on the other hand, has an unlimited max supply and a current circulating supply over 130 billion, while SHIB has 550 trillion coins in circulation - 275,000 more than TAMA's max.
The token has not left the top 5 meme coins since launch and is expected to break out in price when market conditions improve. Investors who agree that this is the next big cryptocurrency can head over to the official Telegram group for updates on the token's impending exchange listing.
9. Battle Infinity (IBAT) - NFT-Based Sports Fantasy P2E Platform and Ecosystem
IBAT could also be the next cryptocurrency to explode in 2023. This is the native token of the exciting new ecosystem called Battle Infinity. Battle Infinity is a multifaceted platform that offers decentralized NFT-based fantasy sports games on a blockchain.
The stand-out P2E game is IBAT Premier League. This allows players to put together their own strategic teams (each athlete is an NFT) and battle it out with others to get to the top of the leaderboard.
NFT-based fantasy sports include cricket, and eventually, baseball, American football, and basketball. tennis, boxing, soccer, hockey, and others are likely to be added later. Moreover, all games on the platform are integrated within the project's own DeFi metaverse.
This is called the Battle Arena. Players will be uniquely represented as avatars and can socialize, go to events, perform, and explore the metaverse. IBAT and NFT rewards are given for various outputs. This includes completing daily tasks, qualifying scores in matches and leagues, and ranking in the top 10 on the leaderboard.
Players can convert these rewards to another currency such as BUSD, BNB, and ETH for example, via Battle Swap. Battle Swap is the platform’s own DEX. It’s connected to the arena, game store (Battle Games), and market.
The Battle Market is where creators can buy and sell NFTs, mint their art pieces and advertise in the aforementioned arena. The market is also where players can trade in-game assets and buy and upgrade land, avatars, and more.
Moreover, investors of this fast growing crypto can stake IBAT tokens by heading over to the Battle Stake part of the platform. Those who believe that IBAT is the next crypto to explode can head over to PancakeSwap.
10. Lucky Block (LBLOCK) - Leading Crypto Casino with 200% Matched First Deposit
Lucky Block is one of the best crypto and Bitcoin casinos on the market and allows players to access more than 3,000 slots games and a market-leading sportsbook,
New players who sign up with Lucky Block get their first deposit matched to 200% - for deposits from 20 to 5,000 EUR (or equivalent) - plus 50 free spins on leading slots game Wanted Dead or a Wild.
Sign up takes less than a minute, with only an email address, login and password needed and no KYC verification to complete. Some players will need to use a VPN to access the site, however.
Once signed up, it costs only $1 to get playing, with more than a dozen tokens - including ETH, BTC and DOGE - available, with no limits or fees on deposits or withdrawals. Lucky Block's native token LBLOCK will also soon be available as a currency to play with.
Withdrawals are also near-instant for crypto, with BTC taking the longest at less than an hour - fiat deposits and withdrawals are also available via bank transfer or e-wallet.
Once ready to play, users can find thousands of the top slots game, as well as more classic casino offerings such as poker, blackjack and roulette, with both virtual and live tables on offer.
There are more than 35 sports to bet on in the sportsbook, with pre-game and in-play markets on everything from the Premier League, NFL and NBA to eSports games such as Rocket League.
11. Polkadot (DOT) - 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.
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.
12. Chainlink (LINK) - 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.
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.
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.
13. ApeCoin (APE) - Native Crypto of the Bored Ape Yacht Club Ecosystem
APE also has the potential to be the next crypto to blow up. ApeCoin is based on Ethereum and governed by the decentralized autonomous organization (DAO) of the same name. According to the team behind the project, APE was largely created to act as a token for commerce, gaming, and culture.
For anyone unaware, the Bored Ape Yacht Club ecosystem has become the benchmark NFT catalog for many investors to follow. This project represents more than digital art. It has become a well-known brand.
An example of this is the Bored Ape Breakfast Club, an NFT project offering a coffee subscription service along with exclusive privileges. Bored Apes are so popular that it is the theme of a burger joint in California which has become popular with NFT enthusiasts.
Additionally, renowned musicians Snoop Dogg and Eminem performed in the Otherside metaverse at award events as their own Bored Ape avatars. ApeCoin has a market capitalization of almost $1.5 billion at the time of writing.
14. Decentraland (MANA) - Currency of Popular All-Immersive Metaverse
As most metaverse enthusiasts will know, Decentraland is an all-immersive virtual reality. Its token, MANA, is built on the Ethereum network. Decentraland users can build, explore, socialize and earn.
This might just be the next crypto to blow up in the virtual real-estate sector. MANA functions as a utility token for Decentraland. Put simply, plots of land are offered in the form of NFTs called LAND.
These virtual plots of land within the Decentraland metaverse can be purchased using MANA tokens. Holders can also swap their MANA tokens for avatars, accessories, services, and many other goods within the ecosystem.
The market capitalization of Decentraland at the time of writing is over $1.3 billion. MANA is in the top 40 tokens on CoinMarketCap.
How to Find the Next Potential Cryptocurrency to Explode
Finding the next cryptocurrency to explode in 2023 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.
Investors should look for projects with doxxed (publicly revealed) teams, thorough and well-put-together roadmaps and whitepapers. Red flags to be careful of are anonymous teams, poorly or hastily put together websites and a lack of social media presence - although scammers often use bots to boost their profile.
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.
A sign of the next cryptocurrency to explode in 2023 could be increasing popularity at an early stage.
Many new crypto projects introduce tokens in phases and will start with a beta, crypto presale, or both.
- Tamadoge (TAMA) went on sale to early presale investors for $0.01 each.
- The final presale stage saw the coin on sale for $0.03 - a 200% increase before listing.
- TAMA raised more than $19 million total in its presale with huge hype.
- The coin pumped to an all-time high of $0.194 - nearly 2,000% over the early presale price and 550% over list price
- Tamadoge continues to build its ecosystem which includes NFT ownership and P2E gaming.
Crucially, presales are an important time for a project. If a token does well in its presale phase, it can skyrocket when it hits a major crypto exchange.
Crypto Project Roadmap
Another metric to research when searching for the next cryptocurrency to explode in 2023 is the roadmap.
For those unaware, this simply refers to what the project has planned in order to grow and stand out in the overcrowded cryptocurrency market.
For example, Love Hate Inu's ambitious vote-to-earn project has a detailed roadmap that includes plans to integrate a voting system into major metaverses.
Finding the roadmap of a cryptocurrency project is fairly simple and entails checking the official platform and/or its whitepaper.
The next cryptocurrency to explode in 2023 could be a meme coin with ZERO use cases.
However, most of the crypto projects that prove to be successful in the long run, after the initial hype, tend to have multiple use cases.
All of the cryptos with the potential to explode discussed on this page have use cases.
A cryptocurrency project's tokenomics are one of the most crucial variables in determining success.
Meta Masters Guild has an extremely limited supply of just 1 billion tokens, with 35% of those allocated to the presale sold out in just five weeks and 15% for liquidity and exchanges.
The remaining supply has been divided between the ecosystem (15%), the marketplace (15%), the company reserve (10%) and the team (10%) - these tokens are vested for between 36 and 48 months.
Where to Buy Other Potential Cryptos to Boom
Here is a brief guide on how to buy $LHINU tokens during the Love Hate Inu presale.
- Step 1 - Download a crypto wallet such as MetaMask or Trust Wallet.
- Step 2 - Head to the Love Hate Inu website and click 'Connect.'
- Step 3 - Purchase ETH or USDT on a trusted broker, such as eToro, or an exchange and transfer to your wallet.
- Step 4 - Convert ETH or USDT tokens for LHINU.
- Step 5 - Claim LHINU tokens after all presale stages are finished.
Below is a comprehensive review of a well-known and regulated trading platform, eToro.
This online broker offers a range of the most promising cryptocurrency assets in 2023 - many of which have been discussed on this page.
eToro - Best Crypto Exchange
More than 90+ cryptocurrencies are available at regulated brokerage eToro. As noted above, this comprises many of the potential cryptocurrencies to explode in 2023. There is a transparent and fixed fee of 1% to pay on each buy and sell order when purchasing digital currencies.
In terms of adding funds to an eToro account, US investors won’t be charged a fee, regardless of the payment method. Credit/debit cards, e-wallets, and various banking options are supported by the platform.
Any investors who either lack the experience or time to monitor the crypto market could opt to buy and sell passively via Copy Trading. Choose a candidate to mirror, allocate investing funds of $200 or more and all future positions will be reflected in the portfolio automatically.
eToro is also a social trading platform. As such, it’s possible to ‘like’ and ‘follow’ other investors. To invest in multiple crypto assets at once, allocate $500 or more to a Smart Portfolio such as Scalable-Crypto for instance.
Other markets available at eToro include ETFs, stocks, indices, commodities, and forex. ETFs and stocks are offered on a commission-free basis. eToro is registered with FINRA in the US. The platform is also regulated by ASIC, the FCA, SEC, and CySEC. The minimum investment is $10, which is also the lowest deposit amount required to open an account in the US.
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 best crypto projects that could potentially explode.
Our findings concluded that the next cryptocurrency to explode in 2023 is Love Hate Inu. The project will lead the way for the vote-to-earn industry with its platform, which rewards users for secure and anonymous voting.
The project has already raised more than $385k in its presale in less than a week, with $LHINU tokens currently available for $0.000085 each during the first of eight presale stages.
What is the most likely next cryptocurrency to explode?
We believe the next cryptocurrency to explode is Love Hate Inu, which is set to revolutionize the vote-to-earn space with its unique platform. Users have an excellent opportunity for their voice to head while earning token 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 give an indication of 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.