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

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.

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. Dogeverse ($DOGEVERSE) – Multi-chain coin offering over 15,000% staking APYs. 
2. Slothana ($SLOTH) – New Solana meme coin raised $10 million in two weeks.
3. Mega Dice Token ($DICE) – CasinoFi crypto offers tradable NFTs and staking APYs.
4. 99Bitcoins ($99BTC) – Innovative L2E token, get staking APYs and learning rewards.
5. 5th Scape ($5SCAPE) – Meme coin introduces VR technology within the blockchain space.
6. Sponge V2 ($SPONGE) – Upgraded version of a popular meme coin, rose 100x in 2023.
7. Smog ($SMOG) – New meme crypto launched straight to DEX. Get 42% APYs.
8. eTukTuk ($TUK) – New crypto building EV charging stations. $1.9 million raised.
9. Bitcoin Minetrix ($BTCMTX) – Stake-to-mine crypto has raised over $12 million. 
10. Scorpion Casino ($SCORP) – eGambling crypto platform has raised $3.5 million. 
11. WienerAI ($WAI) – First Dog-themed AI token, offering standard staking perks.
12. Shiba Shootout ($SHIBASHOOT) – Next cryptocurrency to fly to the moon
13. Hypeloot ($HPLT) – AI-powered crypto casino, raised over $670K on presale. 
14. DogeStar ($DOGESTAR) – Crypto-based space exploration metaverse game.
15. Insanity Bets ($IBET) – Innovative DeFi casino platform offers competitive yields.  
16. PlutoSwap.ai ($PLUTO) – New DEX aggregator leveraging AI, priced at $0.101.
17. Mollars ($MOLLARS) – New DeFi crypto with community-driven governance. $850K raised.
18. Polkadot ($DOT) – Crypto platform enabling token transfers across multiple blockchains.
19. 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. Dogeverse – Multi-Chain Meme Coin Likely to Explode, $300K Raised in 24 Hours

Dogeverse ($DOGEVERSE) is the first truly multi-chain Doge token. This innovative cryptocurrency promises interoperability initially on the Ethereum, Binance, and Polygon chains. However, Dogeverse will also be available on the Avalanche, Solana, and Base blockchains in the future. 

Thus, investors can choose to connect with preferred blockchains and benefit from high security, low gas fees, and high throughput. While Doge meme coins tend to offer limited utility, Dogeverse is on a mission to connect the cryptocurrency universe. Furthermore, it deploys smart contracts to support on-chain staking. 

Your $DOGEVERSE tokens can be staked to earn up to 15,000% APYs (Annual Percentage Yields). While 100 million tokens have already been locked on the staking contract, the APYs will reduce as more tokens are staked. From a total supply of 200 billion, 20 billion will be offered via staking rewards. 

 One of the top cryptos that can explode, Dogeverse is already witnessing huge demand through its newly launched presale campaign. In under 24 hours, the presale has raised over $300K. During the first round, $DOGEVERSE is priced at an affordable $0.00029 per token. The presale hard cap target is set at over $17 million. 

As Dogeverse eyes key listings across the top decentralized and centralized exchanges, the token price may soar after the initial exchange offering. Thus, investors are scrambling to take part in the ongoing presale. Read the Dogeverse whitepaper and join the Telegram channel to stay tuned for more project updates. 

Visit Dogeverse

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.

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.

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.

Visit Slothana

3. Mega Dice Token – Crypto Gambling Token, Purchase NFTs and Get Staking Yields 

Mega Dice Token ($DICE) is a Solana-based crypto token, powering an entire gaming ecosystem. The token can be used to extract several bonuses and rewards on the Mega Dice Casino and sportsbook. 

This token has the potential to explode due to the following use cases it offers: 

• Staking Yields – Stake $DICE on Mega Dice’s smart contract across three staking pools. Start collecting regular annual yields. 
• Daily Rewards – Staked token holders can earn daily rewards on the casino games, depending on their past casino performance. 
• Get NFTs – Certain $DICE holders get access to limited-edition NFTs. These lead to special privileges and rewards on the ecosystem. 
• Early Bird Bonus – Buy $DICE early on during the presale and get free tokens as an Early Bird bonus. 

Mega Dice Token has a fixed supply of 420 million tokens. According to the Mega Dice Token whitepaper, a portion of the profits generated will be used to buyback tokens on the ecosystem. The platform will also start burning tokens to reduce the supply. 

35% of the supply is being offered through the ongoing presale. Another 10% will be offered as staking rewards. $DICE is priced at $0.069 during the initial presale round. Learn more about this cryptocurrency by joining the Mega Dice Token Telegram channel. 

Visit Mega Dice Token Presale

4. 99Bitcoins – Learn2Earn Crypto Offers Token Rewards Through its Online Crypto Curriculum

In the early 2010s, 99Bitcoins launched as a crypto-educational online platform. Now, this popular platform is developing into a Learn-to-earn ecosystem where users are rewarded with digital assets for increasing their knowledge. 

Built on the Ethereum blockchain, 99Bitcoins will soon migrate to the Bitcoin network. It will adopt the BRC-20 network standard, which enables developers to create DApps and NFTs. 

On 99Bitcoins, you can complete interactive courses, seminars, and quizzes. As you progress through the curriculum, 99Bitcoins offers $99BTC tokens as rewards. From its 99 billion token supply, 17% will be offered as community rewards. 

While the earning possibilities through the educational ecosystem is enough to generate huge growth potential, 99Bitcoins also provides high staking yields. You can stake and earn up to 70,000% annual yields with $99BTC. 

14% of the token supply will be offered as staking rewards over the next two years. Finally, token holders get exclusive access to VIP groups and expert trading signals. For these reasons, 99Bitcoins could be the next crypto to explode. 

The project is off to a great start through its presale – raising more than $117K in a few hours. The goal is to raise $11 million through the presale before launching on centralized and decentralized exchanges. 

Read the 99Bitcoins whitepaper and join the Telegram channel for more information. 

Visit 99Bitcoins

5. 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.

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.

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.

Visit 5thScape

6. 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.

 

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.

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

Visit Sponge

7. 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 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. 

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

8. 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. 

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. 

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. 

Visit eTukTuk

9. 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. 

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.

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

Visit Bitcoin Minetrix

10.  WienerAI ($WAI) – First Dog-themed AI Token, offering standard staking perks

WienerAI ($WAI) is one of the biggest meme coin sensations with the potential to fly to the moon when it goes live on crypto exchanges. Just within hours of launching on presale, this promising project has already raised over $200k in early investments. 

WienerAI comes with a combination of AI and meme coin fundamentals, describing itself as the “first Wiener/Dog/Artificial Intelligence ever created.” With its community-oriented tokenomics and strategic roadmap, the dog-inspired token aims to lead the bustling meme coin market. 

Despite being a new crypto, WienerAI has quickly risen to prominence, attracting the attention of crypto whales. One key factor that has positioned Wiener AI for market success is its perfect launch timing. 

With the overall market sentiment still bullish, investors have continued to show great appetite for meme coins with “100x potential.” Since Wiener AI is a token with such promising potential, more buyers will surely participate in its presale. 

To buy the token at a discounted rate and stand the chance to hit exponential gains when it lands on exchanges, visit its website right now. Beyond buying Wiener AI for potential market gains, early movers can also harness its standard staking mechanic to earn lucrative rewards. 

Visit WienerAI

11. InsanityBets – CasinoFi Platform Where Users can Become the House

InsanityBets is a new decentralized casino platform. With $IBET, token holders can receive early access to games and multiple trading fee discounts. 

Notably, InsanityBets is the first CasinoFi platform where users can become the house. One can deposit cryptos such as USDT, BTC, and ETH on InsanityBets, which is used to mint $ILP, an innovative mechanism. $ILP is used as the house fund, allowing token holders to access 90% of all wins and losses on this ecosystem. 

$IBET, the native cryptocurrency, offers multiple use cases. Firstly, the token can be burnt to access 50% of all casino fees through a private pool. Token stakers also earn 35% of all fees generated on the ecosystem. 

While users must pay a 1% withdrawal and winnings fee, this reduces depending on the number of tokens you stake. If you stake over 20 million tokens, the withdrawal fees drops to 0.1%, and the winnings fee reduces to 0.5%.

While $IBET has a 5 billion token supply, this number will reduce due to the burn mechanism. As the casino expands, the adoption of $IBET should also increase. Due to its use cases, $IBET could explode in the long term. 

Currently, the token is priced at $0.0015 on presale. To stay updated with the project, go through the InsanityBets whitepaper and join the Telegram channel. 

12. Shiba Shootout – Next cryptocurrency to fly to the moon

Shiba Shootout ($SHIBASHOOT) is a captivating meme coin project that seamlessly combines “creativity, competition, and camaraderie in a Wild West-inspired setting” to provide crypto enthusiasts with an unbeatable experience. Featuring characters like Marshal Shiba and the Shiba Sharpshooters as its backdrop, this highly innovative project aims to become the true ruler of the Wild West crypto frontier.

Since launching on presale, Shiba Shootout has been on the watchlist of those seeking both immediate gains and long-term potential. 

It blends a lineup of utility features to change the existing narrative in the bustling meme coin sphere. First, it is a governance token, empowering holders to vote on vital project decisions. 

It is also possible to use the token to purchase tickets and implement the project’s “Lucky Lasso Lottery” system to win amazing crypto prizes. Another key attraction for Shiba Shootout is its innovative savings feature, “Savings Saddlebags” which allows users to allocate their holdings to a specific wallet and earn great rewards. 

Complementing this feature is its standard staking mechanic, empowering holders to maximize their investments. The longer you stake your tokens, the more rewards you get. 

All the lineup of utility features promised by this project make it a good crypto to watch closely this year. While other meme coins are driven by hype alone, Shiba Shootout has taken a step further with its unique value proposition, appealing theme, and vast community support, giving it long-term potential. 

Visit Shiba Shootout

13. 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. 

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. 

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. 

Visit Hypeloot

14. 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). 

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. 

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

Visit DogeStar

15. 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. 

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.

Visit PlutoSwap

16. 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.

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).

Visit Mollars

17. 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.

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.

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

Visit Scorpion Casino

18. 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.

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.

19. 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.

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, Dogeverse is the next crypto to explode. The $DOGEVERSE token has raised more than $300K within a day of its presale launch. Notably, this cryptocurrency is the first Doge project to offer multi-chain access, available on six blockchains. 

Visit Dogeverse

Next Crypto to Blow Up FAQs

What is the most likely next cryptocurrency to explode?

Dogeverse is the crypto token most likely to explode next. It offers multi-chain access, and huge staking yields. 

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.