What is the Next Cryptocurrency to Explode in 2024? Top 17 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 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

Below is a list of the next cryptocurrency to explode in 2024:

1. Bitcoin ETF Token (BTCETF) – ERC20 crypto with explosive potential pending a decision by the SEC to ratify Bitcoin ETFs. Presale offers a market-specific roadmap along with high dynamic APY, a 25% token burn, and a definitive presale price increase for early bird investors to take advantage of. 
2. Bitcoin Minetrix (BTCMTX) – This exciting new crypto project combines token staking and cloud mining. $BTCMTX, the native token, can be staked to earn tokenized cloud mining credits and high stalking returns. Currently, $BTCMTX is soaring during its presale with over $4.1 million raised and 200% staking APY.
3. Meme Kombat (MK) – Thrilling multi-use meme cryptocurrency lets you wager on battling meme coin characters in a battle arena. Win free tokens and community rewards, and earn high staking yields with the $MK token. The token is priced at just $0.205 on presale, which has raised nearly $2 million.
4. TG.Casino Token (TGC) – Newly launched and KYC-free crypto casino offers complete transparency and anonymity to users. Hold the $TGC token to get a high staking yield and profit-sharing – the $TGC presale has raised over $2.6 million.
5. Wall Street Memes (WSM) – Trending meme coin with huge trading volume and a low market cap that looks primed to explode in the coming months. Has also just launched a new crypto casino with a 200% welcome bonus and 200 free spins on offer.
6. eTukTuk (TUK) – A sustainable cryptocurrency setting up EV charging stations for TukTuk drivers in developing countries. Hold $TUK to earn staking rewards and other benefits. Presale just launched with $230k raised and offers 899% in staking yields.
7. Chimpzee (CHIMPZ) – A crypto focused on protecting the environment, helping save wildlife and providing rewards. $2.3 million now raised in the presale.
8. Scorpion Casino (SCORP) – The future leading eGambling platform that provides passive staking rewards up to $10,000 USDT – $1.75m raised in the $SCORP token presale.
9. Launchpad XYZ (LPX) – Web3 dashboard and gateway portal to provide data and help users find the next big opportunity in crypto and drive mass adoption into the space. More than $2 million raised in the presale so far.
10. yPredict (YPRED) – A cryptocurrency analytics platform that leverages AI to offer future outlooks on the digital assets space. Hold $YPRED token to earn passive income, win rewards, and access multiple trading tools, with $4.8 million now raised.
11. Cogwise (COGW) – This new crypto leverages artificial intelligence to offer accurate trading insights, support smart contract generation, and offer accurate information on different blockchain-based aspects. $COGW, the native token, is deflationary in supply and offers staking yields. 
12. DogeStar (DOGESTAR) – An exciting deflationary meme token – DogeStar will give you entry into a space exploration metaverse game featuring interoperable NFTs. Currently, $DOGESTAR is soaring on presale – and will burn 69% of its token supply in the future. 
13. Polkadot (DOT) – Crypto infrastructure platform enabling token transfers across multiple blockchains.
14. Chainlink (LINK) – Crypto oracle network helping deliver data needed for smart contracts to function.
15. ApeCoin (APE) – Native cryptocurrency of the billion-dollar Bored Ape Yacht Club NFT ecosystem created by Yuga Labs.
16. Decentraland (MANA) – Massive metaverse for exploration, social meetups, concerts, shopping, and much more, with huge institutional support.
17. Pepe (PEPE) – Named after the popular Pepe the Frog meme, $PEPE became one of the top-performing tokens during the start of 2023. After a massive price correction, this meme cryptocurrency is slowly gaining momentum once again. 

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. Bitcoin ETF Token – Overall Best Crypto To Explode With Market-Linked Roadmap And 40% Automatic Price Increase

In terms of predicting the next crypto to explode, our top choice would have to be Bitcoin ETF Token ($BTCETF). This is because it is offering something truly unique, being connected to an important regulatory event – BTC ETF approval by the Securities and Exchange Commission (SEC).

While most other crypto projects have no connection to the larger market, Bitcoin ETF Token is specifically positioning itself for this approval, and could 10x or more should it come to pass. Many industry professionals have suggested that the SEC ratification could materialize as soon as December 2023. 

The Bitcoin ETF Token roadmap is very market-specific. It contains 5 milestones, mostly linked to key events – the native token reaching $100M in trade volume, the SEC approval, the trading of the first BTC ETF token, the total market cap of BTC ETFs hitting $1B, and the price of BTC surpassing $100K. 

At each of these milestones, 5% of the supply is burned for a total burn of 25%. Its deflationary mechanism is tied to its market-focused roadmap, a technique that few other presales have used. Token burning helps to promote scarcity, driving up the coin price. 25% is a large percentage to allocate to token burning. 

Aside from the token burn, the dynamic proof of stake APY for this crypto stands at over 200%. At the time of writing, $BTCETF is priced at $0.0056 on presale. By the final round, the price will increase to $0.0068 per token.

While SEC approval is what could make this crypto explode, these incentives can add considerably to the overall ROI, especially for early-bird investors.

For more information, the website maintains a dedicated section – ‘Latest Bitcoin ETF News’ – as well as social media accounts (Twitter and Telegram). 

For a more well-rounded understanding, investors should read the Bitcoin ETF Token Whitepaper from top to bottom.

2. 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, hardware, and even set up 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. 

Staking the token can also give investors high APYs (Annual Percentage Yields) of up to 200%. This token is currently priced at $0.0116, 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 $4.1 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. 

3. Meme Kombat – Meme Token with Staking and Play-to-Earn Wagering

Meme Kombat ($MK) is one of the top meme cryptocurrency tokens that can explode in the coming months. 

Not just another meme project with a lack of utility, Meme Kombat will feature a battle arena, staking rewards, and free tokens for participating in its ecosystem. 

The play-to-earn battle arena will kick off with its first season after the conclusion of the $MK presale. The arena will let users wager their $MK tokens on live battles between meme coin avatars. The first series will feature 11 meme coin avatars such as Pepe Coin and Spongebob. 

Users can wager their tokens to earn exclusive rewards and free tokens. Once you purchase $MK during the presale, your holdings will be locked on the staking contract. Meme Kombat is offering up to 500% APYs for staking during the presale. 

The Meme Kombat battle arenas allow one to bet on Player vs Player modes, where they can challenge other friends and earn rewards depending on their performance. You can also bet on Player vs Games modes and earn big on this ecosystem. 

The developer team on Meme Kombat has been doxxed and are public-facing, which is not a common occurrence in the meme space. Boasting the potential to soar by more than 100x, Meme Kombat also offers a competitive token supply of only 120 million. 

The presale will allocate 60 million tokens, as Meme Kombat aims to raise a hard cap of $10 million. While projects such as Pepe Coin have offered staggering returns in the past, Meme Kombat offers more utility and stronger tokenomics. 

A 100% community token, $MK is only for the public. 30% of the supply will be distributed as staking and battle rewards and another 10% as community rewards. The remaining 10% will be used for DEX allocation. 

Investors can buy Meme Kombat for only $0.205 on presale – which has now raised more than $1.9 million. Read the Meme Kombat whitepaper and join the Telegram channel to learn more about the project. 

4. TG.Casino – New Crypto Casino with 200% Bonus, Cashback and Buyback

Online crypto casinos have been one of the hottest niches in the cryptocurrency space. After the success of projects such as Rollbit and Hamster, TG.Casino ($TGC) is emerging as one of the best new online casinos. 

TG.Casino sets itself apart by offering 100% accessibility through Telegram. This way, users do not need to create a new account and connect to the casino through their Telegram app. Telegram also offers high-quality security and infrastructure, which supports seamless deposits and withdrawals. 

The TG.Casino has recently released $TGC, its native cryptocurrency, on presale. This token can potentially explode due to the multiple use cases and staking opportunities it offers. Firstly, TG.Casino users must hold $TGC to get access to exclusive casino games, while the token will also be awarded to players in the ecosystem. 

Secondly, $TGC can be staked to earn high APYs. At the time of writing, you can earn more than 200% in annual yields by staking $TGC. Despite setting a low supply of 100 million, TG.Casino will implement a burning mechanism to reduce the supply and make $TGC a more competitive asset. 

TG.Casino will buy back a portion of $TGC with its profits – 60% of purchased tokens will be distributed as a profit-share to those staking, while 40% will be burnt, making the supply deflationary and increasing its value over time.

New players at the casino, which is live and available globally, can earn a 200% welcome bonus up to 10 ETH, as well as 25% weekly cashback on losses if they play with $TGC.

Currently, $TGC is priced at only $0.16 on presale. Stay updated with this cryptocurrency by reading the TG.Casino whitepaper and joining the Telegram channel. 

5. Wall Street Memes – Trending Meme Coin and Crypto Casino

Capitalizing on the meme crypto explosion, a new crypto has emerged: the Wall Street Memes (WSM) token. 

The token is already one of the largest in the meme space but has a relatively low market cap and massive room for growth – it has also just launched a crypto casino to offer even more utility.

$WSM is currently the fifth-largest meme token by trading volume, trailing only Dogecoin, Shiba Inu, Floki, and Pepe, but unlike those coins it has a small market cap of just $50 million. Floki’s market cap is $250m – 5x bigger – while DOGE sits at almost $10 billion, 200x bigger.

WSM could be the next crypto to explode because of its excellent early performance despite launching in a bear market, its huge staking rewards, major community support, and newly launched crypto casino.

The WSM Casino is now open and playable globally and utilizes Telegram bots to allow for instant, secure, and anonymous account creation, as well as anonymous crypto transfers. 

New players receive a 200% welcome bonus for their first deposit, up to $25k, while those who deposit and play with $WSM earn an extra 200 free spins. The casino has thousands of slots, classic casino games and a full sportsbook.

$WSM tokens can also be staked and is currently offering an APY of 39% – the staking pool has seen huge uptake with more than 500 million tokens, or 25% of max supply, currently locked in the pool, signaling strong community support.

The project, which previously sold out an NFT collection in just 30 minutes, had one of the best presales ever, raising more than $25 million before pumping around 275% in price.

With a social media following of more than a million – with Elon Musk a known fan having has interacted with the platform’s memes on multiple occasions – and added utility, it could be huge in the next bull run.

Stay updated on this crypto’s journey by joining the Wall Street Memes community on Telegram.

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. 

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. 

Currently, interested investors can join the token presale and buy $TUK for $0.02475 – over $230k has been raised already with the staking APY currently over 899%.

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

7. Chimpzee – Crypto Focused on Protecting the Environment

Although several crypto projects are developing novel financial solutions, there is a lack of working environmental and social solutions. 

Fortunately, a new trend is emerging, and a few pioneering projects are leading the way. One of these projects is Chimpzee, which focuses on preserving the planet and its wildlife. Chimpzee offers various features to help users earn passive income while contributing to environmental causes. 

These features include Shop-to-Earn, Trade-to-Earn and Play-to-Earn which are accessible through the Chimpzee shop, the NFT marketplace, and the Zero Tolerance Game. 

The team has set aside 10% of the token supply and a portion of the profits for organizations working towards these causes.

Holding a Chimpzee passport is the most lucrative way for users to earn passive income. It allows them to earn more CHMPZ tokens and rewards by interacting with various elements of the ecosystem.

The Chimpzee project will introduce a mobile app that uses AI technology to generate customized chimpanzee avatars for its users. These avatars can be used to create a personalized Chimpzee NFT passport, with the same benefits of a Diamond NFT Passport.

Purchasing the Chimpzee Diamond NFT passport during the presale offers users the best rewards, with a limited supply available. 

Those who miss out on the presale will have to buy the passports at a higher price and wait until after the whitelist NFT passport prelaunch, which is exclusive to presale investors. 

Only participants in the first round will have access to this passport. Chimpzee has the potential to make a significant impact in the realm of environmental projects and is definitely worth keeping an eye on. 

Taking advantage of the presale early on comes with irresistible benefits including free bonus coins – over $2.3 million has been raised in the presale so far.

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.

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 $1.75m has been raised since the presale launched. 

9. Launchpad XYZ – Web3 Dashboard for Crypto Traders and Investors

Launchpad XYZ is a new Web3 dashboard that puts everything traders and investors need to know about the crypto market in one place. It’s designed to make it easier than ever before to spot opportunities and act on them quickly.

The idea behind Launchpad XYZ is that so many opportunities in the crypto market are fleeting. Traders have just a short window to get in on a trending token before it pumps. Investors have a limited time to buy into crypto presales or join a new NFT mint before they sell out.

Launchpad XYZ puts everything traders and investors need to know in one place. From this dashboard, it’s possible to see hot new crypto presales, monitor token prices in real-time, keep an eye on NFT mints, and much more. Launchpad XYZ various dashboards are very user-friendly and call attention to the most important details crypto investors need to know.

To make Launchpad XYZ even more actionable, the experienced team behind this project is introducing the Launchpad XYZ Quotient. This is a simple signal of whether investors should pay attention to a trending asset or not. Investors can rank assets based on their Launchpad Quotient to find new opportunities quickly.

Launchpad XYZ is also building its own decentralized exchange and NFT marketplace. That enables users to go straight from research to trading with no delay.

Launchpad XYZ native token, LPX token, plays a central role in this platform. Token holders receive discounted trading fees along with access to limited token presales and NFT mints. Check out the Launchpad whitepaper for more details.

It’s difficult to predict what will happen to the price of $LPX after launch. But early investors can earn paper gains of 100% between the first stage of the Launchpad XYZ presale and when it lists. That’s a very generous return just for investing in the presale.

The Launchpad XYZ presale has now raised over $2 million, so investors are clearly excited about this new Web3 dashboard. Join the Launchpad Telegram channel to get all the latest updates on the presale.

10. yPredict – Crypto Analytics Platform Offering Multiple Token Use Cases

The next cryptocurrency on our list is yPredict, an ecosystem offering data-driven market analytics and insights in the cryptocurrency niche. Members can buy subscriptions to predictive analytics and models on yPredict with $YPRED, the native token. 

These prediction models have been created by AI developers, financial quants, and trading experts. One of the main use cases of yPredict is to leverage AI tools, such as Natural Language Processing, to conduct sentiment analysis, technical analysis, and study chart patterns.

Members can see various future outlooks for the cryptocurrency space through the prediction marketplace. All these models are released after being verified by the yPredict DAO. Through the patent-pending pattern recognition algorithm, yPredict can identify hundreds of bearish and bullish charting and candlestick patterns. 

AI signals and technical analysis are among the other use cases of the ecosystem. While there is no guarantee that $YPRED will be a profitable cryptocurrency in the long term, the multiple use cases will help token holders to maximize their returns. 

For instance, one can stake tokens on the ecosystem to generate a yield from a staking pool. 10% of all the revenue generated from new subscription sign-ups are distributed to token holders. Moreover, 15% of the fees collected from token swaps are also given to holders through a staking pool. 

Other use cases include access to a Learn2Earn ecosystem, through which members can complete assessments and earn rewards. There is also a 7% tax on selling the $YPRED token, which has been introduced to limit the regular selling of the coin. 

Currently, $YPRED can be bought on presale for $0.11 per token – the price will jump to $0.12 for the listing, with more than $4.8 million raised so far.

Read the yPredict whitepaper and join the Telegram group to stay updated with this project. 

11. Cogwise (COGW) – AI-Driven Crypto Offers Staking Yields and Accurate Information on the Crypto Space

Cogwise (COGW) is fostering an open-source community that leverages various aspects of artificial intelligence (AI) to offer simplified and accurate information on the crypto and blockchain space. 

$COGW, the native token, gives users access to the different AI-based fields on Cogwise. The platform features AI-powered assistants, that respond to your every command. The assistants can help with smart contract generation, offer trading insights, and help in market analysis. 

Since Cogwise leverages AI tools such as Natural Language Processing and machine learning, the AI can efficiently communicate and understand human conversations. While Cogwise’s main aim is to help leverage various blockchain tools using AI, it offers multiple use cases through $COGW. 

This deflationary cryptocurrency has a supply of 1 billion, which will reduce over time. 35% of all revenues and profits generated through the token will be burned. Furthermore, users will be able to stake their tokens to generate passive income through liquidity pools. 

The ongoing presale is quickly selling out, having raised over $1.1 million in a few months. The token is priced at just $0.03 and will rise to $0.065 upon the exchange listing. Coinsult has conducted a successful security audit on this project. 

Stay updated with this new cryptocurrency by going through the Cogwise whitepaper and joining the Telegram channel. 

12. 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. 

13. 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.

14. 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.

15. ApeCoin – 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.

16. Decentraland – 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 50 tokens on CoinMarketCap.

17. Pepe – Meme Cryptocurrency Offering Potential for Long-Term Growth 

Pepe ($PEPE) is a popular meme cryptocurrency that rose to fame during the initial months of 2023. The cryptocurrency is named after the viral Pepe the Frog meme. After the token launched in April 2023, it became one of the fastest-growing meme tokens. 

In only a few weeks, $PEPE soared past a market cap of $1 billion. By May beginning, this new meme coin reached an all-time high of $0.0000043. However, the token corrected following the highs. $PEPE sunk to the $0.0000006 level and traded sideways for most of the year. 

But, as we approach the final stages of 2023, $PEPE is growing in momentum once again. In the last 30 days, $PEPE is up by more than 57%. Due to the volatile nature of meme coins, investors may witness a further price jump in the coming months. 

At press time, the token is trading at the $0.0000011 levels and has a market cap of more than $460 million. The price is still over 70% below its all-time highs, leaving a lot of room for growth in the future. 

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.

Growing Popularity

A sign of the next cryptocurrency to explode in 2024 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.

For instance:

• 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 

The project roadmap simply refers to what the project has planned in order to grow and stand out in the overcrowded cryptocurrency market.

With certain roadmaps like 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.

Use Cases

Meme coins like Dogecoin and Shiba Inu have produced crypto millionaires even though they have no utility. However, these are outliers. Most top-performing coins offer utility to users that keeps demand for the tokens high.

The next cryptocurrency to explode 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.

Tokenomics

Token prices are determined by supply and demand. So, check how a project plans to release tokens and how quickly to see if there is an opportunity for its price to spike.

A cryptocurrency project’s tokenomics are one of the most crucial variables in determining success.

Love Hate Inu, for example, has a large supply of 100 billion tokens, but 90% of those are available for purchase in the presale, putting the project totally in the hands of the community.

The final 10% is reserved for liquidity on exchanges.

Where to Buy Other Potential Cryptos to Boom

Here is a brief guide on how to buy $BTCMTX tokens during the Bitcoin Minetrix presale.

• Step 1 – Download a crypto wallet such as MetaMask or Trust Wallet.
• Step 2 – Head to the Bitcoin Minetrix website and click ‘Connect.’
• Step 3 – Purchase ETH, USDT, or BNB from a trusted wallet, such as MetaMask or Trust Wallet, or an exchange and transfer it over
• Step 4 – Convert ETH, USDT, or BNB tokens for $BTCMTX.
• Step 5 – Claim $BTCMTX tokens after all presale stages are finished.

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, looking at a range of different projects to meme coins and presales and more established ones.

Our findings concluded that the next cryptocurrency to explode in 2024 is Bitcoin ETF Token. Investors can buy $BTCETF, the native token, and earn generous staking rewards as well as definitive presale price increases.

The token price could also 10x or more, pending SEC regulatory approval and wider market events. 

FAQs

What is the most likely next cryptocurrency to explode?

Bitcoin ETF Token is one of the potential cryptos that can explode in the coming years, according to multiple analysts. It is unique in the sense that it is connected to regulatory decisions and offers additional incentives to investors for improved ROI. 

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.

The post What is the Next Cryptocurrency to Explode in 2024? Top 17 Contenders appeared first on Cryptonews.

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[Source: CryptoNews]