The crypto market is looking extremely bullish right now, with investors preparing their portfolios for the next bull run and on the hunt to determine which crypto will explode next. With the Bitcoin halving event approaching, plus the potential for the first Bitcoin ETF approval from the SEC, 2024 is predicted to be a superb year for crypto asset valuations.
In this guide, we evaluate what could be the next cryptocurrency to explode. We cover 10+ projects that could generate significant returns in the coming weeks and months, so read on to find the next 100x projects.
- Multi-chain utility across 6 chains including Ethereum, Solana and Base
- Staking rewards on Ethereum for presale buyers
- Advanced bridging technology with Wormhole and Portal integration
- USDT
- ETH
- MATIC
- +1 more
- An AI and dog-themed memecoin on Ethereum
- Presale tokens are staked an provide rewards during the presale
- ETH
- USDT
- Potential to skyrocket amid Solana meme coin hype
- Rumored to be from the developers $SLERF, which saw huge growth earlier this year
- Similar to Slothana, which recently saw a hugely successful presale and launch
- SOL
- Established online casino with $50 million in monthly volume and 50,000 players
- Daily rewards for $DICE stakers based on casino performance
- $DICE holders eligible for 25% revenue share for referring new users to the platform
- SOL
- ETH
- BNB
- +1 more
- New token with Learn to Earn (L2E) model with exclusive courses
- Integration with BRC-20, opening the ability to build on top of the Bitcoin network
- Stakers enjoy high staking rewards every Ethereum block
- ETH
- USDT
- BNB
- +1 more
- The 5SCAPE tokens unlock special in-game features
- Brings VR capabilities into Web3 gaming
- An ERC20 token that's compatible with existing Ethereum DeFi platforms and smart contracts
- ETH
- BNB
- USDT
- +2 more
- A meme token with up to 257% in rewards
- CEX listing and a play to earn game on the roadmap
- Sponge V1 made 100x in 2023. Join V2 presale
- ETH
- USDT
- Debit
- Gain exclusive airdrop points by buying and holding $SMOG
- Conquer foes and reap rewards on the Solana blockchain
- Secure your stake on Solana through a direct $SMOG purchase on Jupiter DEX
- SOL
- ETH
- USDT
- Innovative blockchain-based electric vehicles project
- The eTukTuk prototype is scheduled to be revealed in the first phase
- opBNB will be used in tandem with BNB for scalability and reduce costs
- ETH
- BNB
- USDT
- +1 more
Crypto That Will Explode – Our Top 13 Picks
Here are the potential cryptocurrency projects that might have the potential for explosive growth in the future:
- Dogeverse (DOGEVERSE): New multi-chain meme coin likely to explode. $300K raised in a few hours, get 15,000% staking yields.
- Sealana (SEAL): Solana-based meme cryptocurrency based on a popular South Park character. $230K raised in presale.
- WienerAI (WAI): A new meme coin offers an AI-powered crypto trading bot. Get 741% staking APY. $1.2 million raised on presale.
- Mega Dice Token (DICE): New GambleFi token with high passive rewards and a $2.25 million airdrop.
- 99Bitcoins (99BTC): New Learn-to-earn cryptocurrency platform rewards users for increasing their crypto knowledge. Over $300K raised.
- 5th Scape (5SCAPE): Evolving the VR landscape with its state-of-the-art hardware, bringing ultra-realistic real-time community gaming.
- Sponge V2 (SPONGEV2): An already successful 100x meme coin bridging tokens from V1 to V2 with an upcoming P2E racing game with 174%.
- Smog (SMOG): A brand new SOL meme coin achieved a staggering 4,700% pump in its first week, surpassing $50m in market cap.
- eTukTuk (TUK): eTukTuk seeks to develop affordable, eco-friendly solutions for developing countries; over $2 million raised.
- Solana (SOL): This layer-1 blockchain supports lightning-fast transactions at a fraction of a cent. Solana has increased by 740% in a year.
- Uniswap (UNI): The leading DEX Uniswap has a market share of over 64%, and its price is up 66% from last year.
- Chainlink (LINK): Chainlink provides real-world data to blockchains through Oracles. LINK tokens are trading +13536.44% above all-time lows.
- Arbitrum (ARB): Arbitrum can handle up to 40,000 transactions per second and super-low fees. ARB tokens are trading 38% below their prior peak.
Our Full Analysis of the Next Cryptocurrencies to Explode
We’ve selected 13 projects that could be behind the next crypto to explode. Read on to discover more about each project, including use cases, target markets, upside potential, risks, and what is the next big crypto.
1. Dogeverse (DOGEVERSE): Most Likely Meme Coin to Explode, Access Multiple Blockchains
Dogeverse ($DOGEVERSE) is the first multi-chain Doge-themed meme cryptocurrency. The $DOGEVERSE token has enjoyed a strong start to its presale and expects to continue soaring with hype surrounding Doge Day, which takes place on April 20th.
Dogeverse will be compatible with six major blockchains – including Ethereum, Solana, Avalanche, Polygon, Binance, and Base. Therefore, $DOGEVERSE token holders can seamlessly navigate across top blockchains, accessing lower gas fees and quick transaction speeds.
In only a few hours, Dogeverse has raised more than $300K through its presale campaign. The project takes inspiration from its central figure, Cosmo the chain-hopping Doge. Cosmo travels across the crypto universe, just like how token holders can seamlessly connect with different networks.
Moreover, Dogeverse will offer passive income through its staking mechanism. Currently, $DOGEVERSE can be staked on the smart contract to generate more than 15,000% APYs (Annual Percentage Yields).
From a total supply of 200 billion tokens, 20 billion will be provided as staking rewards. Another 30 billion will be allocated through the ongoing presale. During the first presale round, $DOGEVERSE is priced at $0.00029 per token.
The high staking yields and recent presale success can help Dogeverse become one of the best cryptos to explode. Post the presale, the token will be listed across decentralized and centralized exchange listings. Read the Dogeverse whitepaper and join the Telegram channel for more information.
Key Points
- Dogeverse has raised over $300K within hours of its presale launch
- Get 15,000% staking yields by locking $DOGEVERSE on the staking mechanism
- 30 billion tokens are being offered through the presale
Pros
- $300K raised in a few hours of presale
- Compatible across six blockchains
- Offers high staking yields
Cons:
- High volatility
- Staking yields will eventually reduce
Total Tokens | 200 billion |
Tokens Available in ICO | 40 billion |
Blockchain | Ethereum |
Token type | ERC-20 |
Minimum Purchase | N/A |
Purchase With | USDT, ETH, BNB, Credit Card |
2. Sealana (SEAL): SOL-Based Meme Coin, $230K Raised in the Crypto Market
The next cryptocurrency boasting the potential to explode is $SEAL, the native token of Sealana. This is a new meme token built on the Solana blockchain.
Sealana’s main illustration features a patriotic American Redneck seal, which is based on the popular South Park character, World of Warcraft Guy. In hopes of moving out of his mom’s basement, the seal decides to start trading cryptocurrencies.
Sealana is a high-risk and potentially high-rewarding investment opportunity. It has launched at a time when Solana-based meme coins such as Popcat and Solama are in high-demand. With the rising popularity of meme tokens, Sealana could explode in price post its presale.
To join the ongoing presale, transfer SOL tokens to Sealana’s wallet address – DJ15ZYXqUNMYJ3hL7z4ciSaSFAw5cbos3YjGpdvwmF6c.
For every 1 SOL token invested, Sealana will airdrop 6,900 $SEAL tokens directly to your crypto wallets. In only a few days since the presale launched, Sealana has raised more than $237K. For more information, join the Sealana Telegram channel and follow Sealana on X (Formerly Twitter).
Key Points
- Sealana has raised $230K since its presale launched
- This hilarious meme token is built on the Solana blockchain
- Get 6,900 $SEAL tokens for every 1 SOL invested in the presale
Pros
- Raised over $230K in a few days of presale
- Send to wallet style presale
- Get 6,900 $SEAL tokens for 1 SOL invested
Cons:
- High volatility with meme coins
- No utility offered
Total Tokens | N/A |
Tokens Available in ICO | N/A |
Blockchain | Solana |
Token type | SPL |
Minimum Purchase | N/A |
Purchase With | SOL |
3. WienerAI (WAI): New AI-powered Crypto Trading Meme Coin, Get High Staking Yield
WienerAI ($WAI) is a groundbreaking meme cryptocurrency that leverages artificial intelligence to offer a crypto trading bot. Boasting the potential to explode in price, $WAI offers passive income through its staking mechanism and charges no trading fees.
$WAI token holders can access WienerAI’s crypto trading bot, which is beginner-friendly and offers instant help to your crypto-related queries. The AI bot uses predictive analysis to scan the crypto market for the best possible trades. WienerAI will also suggest the top decentralized exchanges that offer the best prices at the given time.
Long-term investors can invest their $WAI holdings in the smart contract and generate passive income. At the time of writing, staking $ WAI can earn a 741% APY (Annual percentage yield).
Over 1.3 billion tokens have already been staked on WienerAI. Interested crypto investors can buy $WAI through the ongoing presale for just $0.000704 per token. Since the presale started, WienerAI has raised over $1.28 million.
From a total supply of 69 billion tokens, 20.7 billion are being offered through the presale stage. For more information, go through the WienerAI whitepaper and join the Telegram channel.
Key Points
- Access crypto trades from an AI-powered bot
- Get up to 741% staking APY
- Raised over $1.2 million on presale
Pros
- Raised over $1.2 million on presale
- Offers AI-powered trading strategies
- Get up to 741% annual staking yield
Cons:
- Highly volatile investment
- Yet to launch most of its features
4. Mega Dice Token (DICE): New GambleFi token with high Passive Rewards and a $2.25 Million Airdrop
Mega Dice Token ($DICE) is another crypto that could explode in 2024. It combines two of the most popular trends right now: gaming and DeFi. The platform launched a presale for its native $DICE token, which is at the heart of the Mega Dice Casino.
$DICE token holders can get rewards like cashback, airdrops, and NFT bonuses. Mega Dice is already a successful casino with 50,000+ players and over $50 million in average monthly bets.
You can now $DICE tokens for $0.069 each at the time of writing. Moreover, if you invite your friends to invest, you can earn a 10% bonus on what they invest (with no upper limit).
The platform offers 35% of its total supply of 420 million $DICE tokens in the ongoing presale. Other tokens like TG.Casino and Rollbit did really well when they first launched, and many traders think $DICE could do the same.
Mega Dice Casino also offers a massive $2.25 million token airdrop to its presale buyers over 3 seasons. Interested buyers can join the $DICE token Telegram channel and follow its X (formerly Twitter) handle for the most recent updates.
Key Points
- Mega Dice raised nearly $1 million within a few weeks of its presale launch
- Early buyers can participate in a $2.25 million presale
- 35% of the total token supply is being offered through the presale
Pros
- Strong presale launch: Raised nearly $1 Million since the presale began
- Built on Solana: Can benefit from the efficiency and the hgih speed of the Solana blockchain
Cons
- High volatility: New gambling coins can offer uncertain returns
Total Tokens | 420 Million |
Tokens Available in ICO | 147 Million |
Blockchain | Solana |
Token type | SPL |
Minimum Purchase | N/A |
Purchase With | SOL, ETH, BNB |
5. 99Bitcoins (99BTC): Learn-to-Earn Cryptocurrency Offers High Staking Rewards
99Bitcoins (99BTC) is an online educational crypto platform that launched in 2010. Now, 99Bitcoins is leveraging blockchain technology to create a Learn2Earn crypto platform.
99Bitcoins is creating an interactive crypto-based learning platform, where users can increase their knowledge, and earn $99BTC tokens as rewards. As users progress through the online curriculum and complete assessments and quizzes, they are rewarded with tokens.
Those already holding $99BTC tokens can also access VIP groups and connect with like-minded individuals. You also get access to expert trading signals with 99Bitcoins. The $99BTC token can also be staked on a secure smart contract, to generate high annual yields.
At the time of writing, you can get more than 7,300% APYs (Annual Percentage Yields) by staking $99BTC tokens. Over 148 million tokens have already been staked on 99Bitcoins. Due to these use cases, 99Bitcoins could explode in the long-term.
Currently, 15% of the total 99 billion token supply is allocated for the ongoing presale. In only a week, the presale has raised over $300K. The goal is to raise a hard cap of $11 million. For more information, go through the 99Bitcoins whitepaper and join the Telegram channel.
Key Points
- 99Bitcoins offers $99BTC token rewards for increasing your crypto knowledge
- The 99Bitcoins presale has raised over $300K in a week
- Get more than 7,000% annual yields by staking $99BTC
Pros
- $300k raised in a week of presale
- Get token rewards through this L2E crypto platform
- High staking yields through the smart contract
Cons:
- New crypto could offer uncertain returns
- Most of the platform features are yet to launch
6. 5th Scape (5SCAPE): Immersive Entertainment Suite Pioneering Ultra Realism Virtual Reality to Games, Movies, Digital Experiences and More
5th Scape is redefining the application of virtual reality to not only crypto games but other facets of learning and entertainment. The project brings a suite of products paired with new state-of-the-art hardware to enhance users’ overall immersive experience.
The project is pushing the boundaries of ultra-realism and pioneers a fully-fledged suite of games, interactive educational learning, movies, animations, and digital experiences powered by its native $5SCAPE token. The token will be at the center of the ecosystem, being used as a transaction tool for purchases, upgrades, access to premium content, staking, and discounts.
5th Scape introduces state-of-the-art hardware to pair with its ecosystem, which includes a motion-reactive gaming chair and its proprietary Ultra VR headset, which is used to play games, watch movies, and participate in various digital experiences.
With technology developing at lightning speed, 5th Scape is evolving the virtual reality landscape to gaming and applying it to other industries. However, to access the suite of products, users must own and hold the $5SCAPE token, which can also be used to purchase bonus material, premium content, in-game upgrades, and more.
The project could be among one of the next cryptocurrencies set to explode in 2024 with its innovative immersive suite of VR products, games, and hardware.
Key Points
- Owning $5SCAPE gives basic free access to the 5th Scape entertainment suite
- $5SCAPE tokens can be purchased and staked to earn rewards
- Pay for purchases, upgrades, character skins, premium content and other paid-for material using $5SCAPE
- Get discounts and bonus rewards for owning and using $5SCAPE within the ecosystem
Pros
- Versatility (Goes beyond gaming into education, entertainment, and other VR experiences)
- Immersive experiences
- Token utility
Cons:
- Token dependency
- New technology (Hardware and software)
- Market volatility
Total Tokens | 5.211 Billion |
Tokens Available in ICO | 4.164 Billion |
Blockchain | Ethereum Network |
Token type | ERC-20 |
Minimum Purchase | No minimum |
Purchase With | ETH, MATIC, USDT, BNB, Card Payment |
7. Sponge V2 (SPONGEV2): A Meme Coin Transitioning from V1 to V2 Through a Staking Module and Presale, Already Listed on Top Exchanges With a Proven History of 100x Ability
The Sponge meme coin project was launched in May 2023, and within a week saw gains of 100x for early investors as its market cap rocketed from under $1m to $100m—it now sits at $16.5m with initial investors, according to Sponge’s page on CoinMarketCap, still up 461% at the time of writing.
As this project changes direction many believe that the addition of utility, with the upcoming V2—currently in presale—can help to get this coin listed on Binance, like other meme coins from late 2023 managed to do, e.g. BONK. Another thing that can help to drive this listing is the strong community of followers that has emerged around $SPONGE in its short existence. They can be found on Discord, Telegram, and Twitter.
Sponge utilizes a stake-to-bridge mechanism to migrate V1 token holders to the V2 token. Those who take part in the presale will follow the same process by purchasing V1 tokens. These tokens will then be automatically exchanged for V2 tokens and subsequently locked in a staking module. During this period, holders will earn a variable annual percentage yield (APY) until the token is released.
This is being done as the Sponge project changes direction and aims to give its meme coin utility. This will come in the form of a play-to-earn game, Sponge Racer, where users will use Sponge V2 to buy game credits, and then play to earn $SPONGEV2. There will also be a free version available for players to practice on.
This utility, Sponge’s listing on exchanges, and its proven ability to 100x mean it is one of the best cryptocurrencies to buy. For a Sponge v2 price prediction, it is recommended to read the Sponge whitepaper and visit the presale website.
Pros
- Strong historical gains
- Potential for future growth
- Play-to-earn gaming
Cons:
- Volatility
- Uncertain Future
Total Tokens | 150 Billion |
Tokens Available in ICO | N/A |
Blockchain | Ethereum Network |
Token type | ERC-20 |
Minimum Purchase | None |
Purchase With | USDT, ETH, Credit/Debit Card |
8. Smog (SMOG): Fresh Solana Meme Coin Driving Early Buying Frenzy with 4,700% Pump and $50m Market Cap in Week One
Solana Newcomer $SMOG aims to follow in the footsteps of recent meme coin success stories, with $BONK and $WIF standing out as key rivals.
But the dragon-themed project has so far exceeded all expectations. Following its fair launch on the Solana network, the token raced to a 1,400 price surge in just one hour and has gone on to more than triple this number in less than a week. The coin also boasts an undiluted crypto market cap of over $50m.
The project’s primary intention is to dominate the meme coin crypto market, its branding images depict a dragon breathing fire on other major players in the space, and the tagline reads “one meme coin to rule them all”. With a blistering first week on the market and with 2023 meme coin champion $BONK 70% down from its December 2023 high, the stage should be set for the project creators to achieve their goals.
Smog has already posted strong gains, which means it could be the next crypto to explode. The coin’s unique utility is a major factor in this success, with 35% of its 1.4 billion supply set aside for what it’s calling “the greatest Solana airdrop of all time”, set to launch in the project’s third phase.
An extensive $SMOG campaign is also underway on the social platform Zealy, which encourages holders to complete daily challenges in return for rewards. This is likely to inflate the coin’s profile even further. Considering these factors, we feel assured that Smog is among the next cryptocurrencies to explode this year.
Pros
- Strong Start (1400% price surge in one hour)
- Unique Utility (35% of its supply to airdrop)
- Strategic Marketing Efforts ($SMOG’s Zealy campaign)
Cons:
- Meme Coin Volatility
- Ambitious Goals
Hard Cap | N/A |
Total Tokens | 1.4 Billion |
Tokens Available in Presale | N/A |
Blockchain | Solana |
Token Type | SPL |
Minimum Purchase | N/A |
Purchase With | SOL, USDT, BONK |
9. Solana (SOL): Gains of 113% in 1 Month But Still Trading 78% Below Prior All-Time Highs
Solana is one of the best-performing cryptocurrencies right now. The so-called ‘Ethereum Killer’ has increased by 113% in the prior month alone. Over 12 months, Solana is up over 370%. That said, Solana is still trading 78% below its prior all-time high. Should Solana return to its peak of $260.06 – this offers a further upside of over 350%.
Although Solana has solid price momentum, its fundamentals are even stronger. Its layer-1 blockchain supersedes most other networks; Solana can handle thousands of transactions per second. Fees cost a fraction of a cent, and the network is energy-efficient. Not only that, but block settlement times average just 400 milliseconds.
Most importantly, the Solana network supports smart contracts and dApps. This means it can support exchanges, liquidity pools, games, metaverses, and everything in between. However, most projects still prefer Ethereum – even though transaction fees are considerably more expensive. Therefore, Solana’s main focus now is to attract developers to its framework.
Key Points
- Gains of 113% and 370% in the prior 1 and 12 months, respectively
- Still trading 78% below its prior all-time high
- Market-leading blockchain with high scalability and super-low transaction fees
- Supports smart contracts and dApps
10. Uniswap (UNI): Dominant Market Leader in the Decentralized Exchange Industry Trading at an 88% Discount
Uniswap is not only one of the best decentralized exchanges in the crypto market, but it dominates the industry by a wide margin. According to CoinGecko, Uniswap has a 64.6% share of the DEX ecosystem. This is significant, considering over $3.3 billion was traded on decentralized exchanges in the prior 24 hours.
Crucially, Uniswap is often the first exchange for newly launched ERC-20 tokens. With the broader markets increasingly bullish, we’re likely to see many more launches in the coming months. This will benefit Uniswap further, as it collects a 0.3% commission from all buy and sell orders.
Moreover, Uniswap also supports other blockchain networks, increasing its scope. This includes the BNB Chain, Base, Arbitrum, Avalanche, and Polygon. The only way to gain exposure to Uniswap is via UNI tokens. Those buying UNI right now will secure an 88% discount, based on its prior all-time high.
Key Points
- 64.6% share of the decentralized exchange industry
- Self-sufficient revenue model – a 0.3% commission is collected on all orders
- Supports cross-chain functionality – including the ERC-20 and BEP-20 standards
- UNI tokens are currently trading at an 88% discount
11. Chainlink (LINK): Helping dApps Enter the Web 3.0 Era by Providing Real-World Data to Smart Contracts
Chainlink is another top-rated blockchain project that trades at a huge bear market discount. According to CoinMarketCap data, LINK tokens trade 71% below their prior all-time high. This offers great value, especially considering how innovative Chainlink’s ecosystem is. In a nutshell, Chainlink provides real-world data to smart contracts.
It achieves this through Oracles, which ensures the provided data is accurate and without agenda. Most importantly, not only are Chainlink Oracles decentralized but they’re compatible with many different blockchain standards. And without any recognized competitors, Chainlink could be the next cryptocurrency to explode.
We appreciate the fact that Chainlink facilitates communication between competing blockchain networks. Ethereum could retrieve real-world data and share it with the Solana network, among other use cases. Chainlink has experienced an impressive price increase of over 92% in the past month.
Key Points
- Oracles provide real-world data to smart contracts
- Enables competing blockchains to communicate with each other
- Virtually no recognized competitors in the Oracle space
- LINK tokens trade 71% below their prior all-time highs
12. Arbitrum (ARB): Leading Layer-2 Solution for Ethereum-Based Projects Trading at a 91% Discount
Although there are several layer-2 solutions worth monitoring, we’d argue that Arbitrum will dominate this space for a long time. According to CoinMarketCap, the Arbitrum ecosystem now hosts 246 projects, including Chainlink, Dai, Aave, the Graph, Render, and Decentraland. In contrast, Polygon and Optimism have attracted 219 and 79 projects, respectively.
Arbitrum can handle up to 40,000 transactions per second and claims to be 10 times cheaper than the proprietary Ethereum network. Arbitrum is also faster, ensuring that ERC-20 projects avoid network overload. From an investment perspective, Arbitrum’s native token, ARB, is available at a considerable discount.
Launched in early 2023, ARB tokens are trading 91% below their prior highs. What’s more, Arbitrum has a market capitalization of just $1.3 billion. This offers plenty of upside potential when the next crypto bull run arrives in full force. ARB tokens are listed on most tier-one exchanges, including Binance, Kraken, and KuCoin.
Key Points
- Leading layer-2 solution for ERC-20 projects
- High scalability, low fees, and super-fast transactions
- Hosts more projects than Polygon and Optimism
- ARB tokens now trade 91% below prior all-time highs
Why Do Cryptocurrencies Blow Up?
Many factors can cause a cryptocurrency to explode. In some instances, parabolic price spikes are achieved in a very short period. This is often the case with new cryptocurrencies that can generate hype and FOMO from the get-go.
Another scenario is when the token is listed in a top-tier centralized exchange such as Binance or Coinbase.
A good example is Pepe, which increased by 7,000% in under three weeks after its April 2023 launch. Similarly, some of the best upcoming ICOs discussed today, such as Dogeverse, Sealana and Sponge V2, show similar signs to Pepe.
In addition to hype and FOMO, new cryptocurrencies generally have small market capitalizations. This means that prices can explode without needing a significant amount of buying pressure. In contrast, mega-cap projects like Bitcoin and Ethereum are valued at hundreds of billions of dollars so that growth will be a lot more organic.
Some cryptocurrencies can explode over a much longer period. Although investors must be patient, the upside potential can be significant. For example, consider that you could have bought Solana at under $1 when it launched in 2020. If you held onto your Solana investment until it peaked in late 2021, you would have gained almost 26,000%.
How to Discover the Next Cryptocurrency to Explode
We’ll now discuss the most effective ways to discover the next best cryptocurrency projects. Follow these tips to build the ultimate crypto investment portfolio before the bull run arrives.
Investing in Brand New Projects in the Crypto Space
Choosing a new crypto to buy can be a profitable yet risky strategy. This is especially the case when investing in an ICO project, as you buy tokens before being launched on exchanges.
The upside potential can be life-changing, as new cryptocurrencies begin life with a small market capitalization. This is like investing in a small-cap energy stock before it explodes. Not all new projects will be successful, so it’s crucial to diversify your portfolio.
Some of the best new cryptocurrency projects that we discovered include Dogeverse and Sealana. These four projects give you exposure to multiple niches, including meme coins, Bitcoin mining, play-to-earn gaming, decentralized casinos, and the Web 3.0 era.
Buy Established Cryptos Trading at Discounts of 70% or More
Once you’ve built a portfolio of new cryptocurrencies with small market capitalizations, it’s time to invest in discounted projects. By this, we mean established cryptocurrencies that are still trading at huge bear market discounts.
Look for projects with a solid long-term vision, a leading market share, and identifiable use cases. This criterion will enable you to ride the next bull run effectively, as investors typically favor projects with strong fundamentals.
Let’s look at some examples to illustrate the point.
- Solana is a layer-1 blockchain that supersedes Ethereum. Not only in terms of fees but speed and scalability. Solana trades 78% below its all-time high.
- Uniswap, which has a 64% market share of the DEX industry, is trading 88% below its prior peak.
- And then there’s Chainlink, Arbitrum, and Dogecoin, trading 71%, 91%, and 89% below their respective all-time highs.
If just one of the above projects returns to its 2021 highs, you’d be looking at growth of at least 270%.
Explore Tokens With Strong Price Momentum and Hype
Overall, the most effective strategy is to focus on cryptocurrencies with solid long-term fundamentals with promising listings lined up such as new Coinbase listings. However, many investors in the crypto space target short-term gains. Even in the midst of a bear market, trending tokens can increase by 10-fold in the space of a week.
- If you can identify these projects toward the bottom of their trajectory, you could generate considerable gains without needing to remain in the market long-term.
- As we mentioned earlier, Pepe achieved 7,000% growth just 17 days after it launched.
- For every $1,000 invested, you’d be looking at gains of $70,000.
Here’s an example of how it works;
- Investors see that a particular cryptocurrency has increased by 300% in the prior 48 hours.
- Not wanting to miss out, the investor buys the respective token.
- Similarly, other investors see that the token is now up 400% in the past 48 hours, so they also invest.
- This creates a domino effect, whereby hype and FOMO continue to attract new buying waves.
This is how cryptocurrencies like Pepe can explode in such a short period of time.
As explained by the FCA, investors should avoid relying exclusively on hype and FOMO. You should also consider other metrics, such as price momentum, market capitalization, the number of token holders, and whether the project actually has any use cases.
Best Places to Discover Next Big Cryptocurrency
The final piece of the puzzle is knowing where to find the next cryptocurrency to explode.
Leading on from the above section, here’s where to look:
Crypto ICOs, Follow Market Trends
To invest in new cryptocurrencies before they launch on exchanges, focus on upcoming ICOs. We’ve already mentioned Dogeverse and Sealana.
These projects have raised millions of dollars between them, so they have successfully created hype. You can also check out ICO listing websites to find other upcoming launches.
CoinMarketCap for Established Projects Trading at Discounts
Next, you’ll want to use CoinMarketCap to find established cryptocurrencies that trade at huge bear market discounts. As we mentioned, Solana, Uniswap, Dogecoin, Chainlink, and Arbitrum are still available 71-91% below their all-time highs.
If CoinMarketCap is inaccessible, coingecko is a great alternative.
However, many other cryptocurrencies meet this criteria. Choose projects from various niches and with different market capitalizations.
DexTools for Trending Projects With Strong Price Momentum
One of the best investment tools to find trending cryptocurrencies with strong price momentum is DexTools. This platform tracks over 10,000 decentralized exchanges and more than 2.2 million pairs.
Check out the ‘Daily Gainers’ section to see which tokens are outperforming the market. The ‘Hot Pairs’ section is also useful, which shows the most trending tokens over the prior 24 hours.
Don’t forget to use social media when searching for the next cryptocurrency to explode. Platforms like X (Formally Twitter) and Reddit are often the first places to create hype and FOMO. YouTube is also useful, as you can discover insights from experienced investors and analysts.
Table Comparison
What will be the next cryptocurrency to explode?
Project | Token | Total Supply | Chain | Inception |
Dogeverse | $DOGEVERSE | 200B | Ethereum (Upcoming on Binance, Polygon, Solana, Avalanche, Base) | 2024 |
Sealana | $SEAL | N/A | Solana | 2024 |
WienerAI | $WAI | 69B | Ethereum | 2024 |
Sponge V2 | $SPONGEV2 | 150B | Ethereum | 2024 |
5th Scape | $5SCAPE | 5.21B | Ethereum | 2024 |
Smog | $SMOG | 1.4B | Solana | 2024 |
eTukTuk | $TUK | 2B | Binance Smart Chain | 2022 |
Uniswap | $UNI | 1B | Ethereum | 2018 |
Solana | $SOL | 570,708,200 | Solana | 2020 |
Chainlink | $LINK | 1B | Ethereum | 2017 |
Arbitrum | $ARB | 10B | Ethereum | 2021 |
Our Verdict
We’ve explored the most effective ways to discover trending cryptocurrencies that could explode in the coming months. In addition to established cryptocurrencies trading at huge bear market discounts, we like ICO campaigns.
In particular, Dogeverse is one of the top cryptos that could explode in value. The Doge-themed multi-chain meme coin has a well-established community, and offers high staking yields.
The token has enjoyed a strong start to the presale, raising $300K in a few hours.
FAQs
Which crypto is most likely to explode?
Some of the next big crypto projects will likely come from ICO/presale campaigns. We identified several options, including Dogeverse and Sealana.
Which crypto will do 100x in 2024?
To make crypto gains of 1000x you’ll need to invest in small-cap projects. Two high-potential coins that could do 1000x include Dogeverse and Sealana.
References
- https://coinmarketcap.com/currencies/sponge/
- https://www.reuters.com/technology/cryptoverse-every-frog-has-its-day-pepe-pops-7000-2023-05-16/
- https://www.bloomberg.com/news/articles/2023-11-20/spot-bitcoin-btc-etf-approval-seen-driving-money-managers-to-crypto
- https://www.fca.org.uk/investsmart/hype-spot-signs-manage-your-fomo
- https://www.cnbc.com/2021/12/28/how-much-youd-have-if-you-invested-1000-in-top-cryptocurrencies.html