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. Green Bitcoin (GBTC) – Crypto presale rewarding holders who predict Bitcoin’s price.
2. Scotty the AI (SCOTTY) – Offers AI-driven analysis for fraud detection, raised $850K in presale.
3. Smog (SMOG) – Top meme crypto to explode. Up by 1,300% within 24 hours.
4. Sponge V2 (SPONGE) – Upgraded version of a popular meme coin, rose by 100x in 2023.
5. eTukTuk (TUK) – New crypto building EV charging stations. $840K raised.
6. Bitcoin Minetrix (BTCMTX) – Stake-to-mine crypto has raised over $10.4 million. 
7. PEEN (PEEN) – Latest ERC-20 meme coin with the potential to 100x.
8. Scorpion Casino (SCORP) – eGambling crypto platform has raised $3.5 million. 
9. Poodl Inu (POODL) – Latest meme coin, offering over 1,800% staking APY.
10. DogeStar (DOGESTAR) – Crypto-based space exploration metaverse game.
11. 5th Scape – Meme coin introduces VR technology within the blockchain space. 
12. PlutoSwap.ai (PLUTO) – New DEX aggregator leveraging AI, priced at $0.101.
13. Mollars (MOLLARS) – New DeFi crypto with community-driven governance. $850K+ raised in presale.
14. Polkadot (DOT) – Crypto platform enabling token transfers across multiple blockchains.
15. Chainlink (LINK) – Crypto oracle network with an $11 billion market capitalization. 
16. ApeCoin (APE) – Native coin of the billion-dollar Bored Ape Yacht Club NFT platform.
17. Decentraland (MANA) – Metaverse coin lets you buy and trade virtual land. 
18. Pepe (PEPE) – Popular meme coin that reached a $1 billion market cap in 4 weeks. 

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. Green Bitcoin – Crypto Presale Focused on Rewarding Holders Who Predict Bitcoin’s Price

Green Bitcoin could be the next crypto explode. It offers a platform where users can predict Bitcoin’s price and earn rewards in the form of $GBTC tokens. $GBTC is an ERC20 token, meaning you need an Ethereum wallet like MetaMask to participate in the project.

You can only buy $GBTC tokens in a presale at the moment, where it runs in stages. Each stage will have a higher token price than the previous, making it potentially prudent to buy as early as possible to lock in a better price. Once the presale ends, the team plans to list the token on an A-tier exchange. Typically, tokens list on exchanges at a higher price than the presale price.

Luckily, you can maximize the number of tokens you have with staking. During the presale, there is a generous APR for those who stake their tokens. Keep in mind, the APR will drop as more tokens are locked. This makes staking early a potentially profitable option as you get to reap the highest rewards.

Regardless of when you stake your tokens, though, out of the 21 million token supply over 14 million tokens are dedicated to the token presale and the staking rewards, meaning early adopters are likely to get the biggest piece of the pie in token numbers.

As for the project’s future, Green Bitcoin will run in four phases based on the Green Bitcoin whitepaper. These are:

1. Token presale launch.
2. Token launch on A-tier exchanges.
3. Staking rewards and predictions go live.
4. Improving the gamified predictions.

Stay up to date with the project by following Green Bitcoin on X and on Green Bitcoin’s Telegram channel.

 

2. Scotty the AI (SCOTTY) – Offers AI-driven Analysis For Fraud Detection, Raised $850K In Presale

Next on our list of cryptos that could explode is Scotty the AI ($SCOTTY). It is a hot new platform that integrates artificial intelligence with blockchain to improve security in the crypto ecosystem. The project aims to protect blockchains from fraud and security threats, creating a safer digital asset space.

It has raised over $850K through its presale, with tokens priced at $0.00605 in the ongoing round.

The project uses AI to analyze blockchain data, identifying and mitigating potential threats and suspicious activities. Additionally, it is developing a chatbot powered by Natural Language Processing to offer responsive and human-like interactions for user queries.

$SCOTTY is an ERC-20 token on Ethereum, with a fixed supply of 1,734,567,890 tokens. Notably, 30% of these tokens are allocated for the presale phase.

Investors can stake $SCOTTY tokens to get high APYs and look forward to the token’s listing on major exchanges like Uniswap and BitMart for increased accessibility. 

The platform also aims to empower its community with decision-making using a decentralized governance model. Scotty the AI’s whitepaper provides a detailed roadmap that includes security audits, exchange listings, partnerships, and the introduction of new features like the Scotty Swap tool.

Users can join the Scotty the AI Telegram channel and follow it on X (previously Twitter) to stay updated on its progress.

Visit Scotty the AI

 

3. Smog – Most Likely Meme Crypto to Explode Right Now 

We recommend Smog ($SMOG) as the most likely cryptocurrency to explode right now. 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 airdrop on the Solana blockchain. 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

 

4. Sponge V2 – V2 Token of Explosive 100x Meme Coin with Listings Planned for Binance and OKX

Sponge V2 ($SPONGEV2) has the potential to be one of the biggest meme coins of 2024. It builds on the success of the V1 $SPONGE token, which rocketed from a launch valuation of $1 million to a market cap of more than $100 million at its peak. That’s a more than 100x return for early $SPONGE investors.

Now, the team behind the V1 token is back with a new token that the $SPONGE whitepaper describes as bigger, better, and more absorbent.

 

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 token 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

 

5. 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 $0.0265 – over $840k has been raised already with the staking APY currently over 260%.

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

 

6. 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 64%. This token is currently priced at $0.0133, 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

 

7. PEEN – Meme Token With A Fair Distribution Strategy And High Upside Potential

The upcoming token on our list of the next cryptos to explode is PEEN ($PEEN). It is a trending new meme token on Ethereum offering humor and massive growth potential.

With a market cap of $500,000 at launch and a total supply of 800,813,569, PEEN has a huge growth opportunity amid the ongoing meme coin bull run.

At the heart of PEEN’s strategy is its dedication to a fair launch where all tokens are made available to the community upon launch. This minimizes early volatility as large presale sell-offs are a major cause of sharp price declines in the post-launch phases of new cryptos.

PEEN also creates a new precedent for fair meme coin launches, ensuring all market participants have equal access to a new project. Moreover, the “PEEN Map” outlined in the project’s whitepaper shows its phased growth plans to get a $100 million market cap via huge community support.

These phases show a path to increasing PEEN’s market reach, designed to increase its market share in the meme coin space and gain more traction.

By leveraging the fun of memes, nostalgia, and a fair launch for all investors, PEEN could be the next crypto to explode amid the meme coin boom. Users can enter the PEEN Telegram group and follow its X (formerly Twitter) account for the latest developments and listing information.

Visit PEEN

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 $3.9m has been raised since the presale launched. 

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

 

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

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

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

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

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

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

 

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

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

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

 

11. 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 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.

 

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

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

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

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.

13. Mollars (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

14. Polkadot – Platform Enabling Cross-Blockchain Transfers

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

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

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

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

15. Chainlink – Established Project With Hundreds of Partnerships

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

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

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.

16. 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.

17. 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.

18. 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 $PEPE is growing in momentum once again, and due to the volatile nature of meme coins, investors may witness a further price jump in the coming months. 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.

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

We looked for crypto that is trying to fill an existing niche.

Cryptos that blow up tend to be those that fill a previously unfulfilled niche in the market. We evaluated the use cases and purpose of the cryptocurrency and chose projects with a clear and practical purpose, solving real-world problems, that tend to have stronger potential for growth.

We examined the project team

You can have the best idea in the world but if the team behind the project isn’t up to scratch, it’s dead in the water. We researched the team behind the cryptocurrency projects, looking for strong and experienced teams with legit credentials, successful previous projects, and a high level of expertise.

We looked at the cryptos that are growing in 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.

We investigated who they are teaming up with

Cryptocurrencies that have established partnerships with reputable companies or organizations are more likely to succeed. Positive collaborations can enhance the credibility and potential success of a project. Furthermore, any upcoming developments, partnerships, or major milestones in the project’s roadmap can also impact the price and perception of a cryptocurrency.

We assessed how the project is developing

Regular updates, a transparent roadmap, and a responsive development team are positive indicators that the cryptocurrency has legs. Finding the roadmap of a cryptocurrency project is fairly simple and entails checking the official platform and/or its whitepaper. Additionally, projects that are aware of and compliant with regulatory requirements may be better positioned to explode.

We examined the project’s 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.

We carried out a risk assessment

There’s always an element of a gamble when trying to find the next crypto to blow up, but a risk assessment will help make sure you don’t suffer damaging losses. The risks we considered before listing these cryptos included market risks, technological risks, and regulatory risks. As a reminder, never invest more than you can afford to lose.

We looked at how they could be used in real-world scenarios

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 keep 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.

What are the Main Reasons Why Cryptocurrencies Explode?

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 prospects of a cryptocurrency’s long-term viability improve. 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 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, Green Bitcoin ($GBTC) could be the next crypto to explode. This eco-friendly cryptocurrency stands out with its “Gamified Green Staking” model, enabling users to gain passive income by predicting daily Bitcoin prices. Leveraging a Proof of Stake mechanism is significantly more energy-efficient than traditional Bitcoin mining. Its presale offers a structured price increase with a finite supply of 21 million tokens.

Visit Green Bitcoin

Next Crypto to Blow Up FAQs

What is the most likely next cryptocurrency to explode?

Green Bitcoin is the crypto token most likely to explode next. It differentiates itself with a unique staking system that rewards users for accurate Bitcoin price predictions.

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. https://polkadot.network/
2. https://www.bloomberg.com/news/articles/2022-02-02/polkadot-has-smallest-carbon-footprint-crypto-researcher-says
3. https://coinmarketcap.com/
4. https://coinmarketcap.com/currencies/pepe/
5. https://coinlist.co/
6. https://www.coingecko.com/
7. https://coinsniper.net/
8. https://solidproof.io/
9. https://tokensniffer.com/
10. https://www.ig.com/au/news-and-trade-ideas/forex-news/how-cryptocurrency-scarcity-affects-value-180412

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.