Next Cryptocurrency to Explode, 3 February — Sweat Economy, Mask Network, DeXe, Kava

The overall feeling in the market was positive from the close of October 2024 until the beginning of this year. Last month, Bitcoin (BTC) rose above its all-time high and surpassed the 100K mark. Eventually, it exceeded $103K before dropping to 95.7K as of press time today. Meanwhile, many investors have already made plenty of gains from the November/December 2024 bull run.

Determining the next cryptocurrency to explode might be challenging as most funds are attracted to pumping assets. However, this article will explore the performance of cryptocurrencies with much growth potential, especially before the year runs out. The aim is to identify coins with some potential and help investors and traders make informed decisions about each token.

Next Cryptocurrency To Explode

Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of the presale token Solaxy. This new meme coin offers a unique blend of these two dynamics by combining meme coins’ excitement and reward potential with the practical utility of a Layer 2 blockchain solution.

1. Sweat Economy (SWEAT)

Sweat Economy (SWEAT) is the latest Web3 initiative from Sweatcoin, aiming to merge fitness with blockchain rewards. Users can access the SWEAT cryptocurrency token and the Sweat Wallet, a digital asset storage platform within the Sweat Economy app. 

Since its launch, the project has seen impressive adoption, with over 13 million wallets created in just four months. Moreover, Sweatcoin has secured $13 million in investor funding and is preparing for a public token sale on the DAO Maker launchpad.

🚨 BREAKING: CREATOR OF $DOGE RECOMMENDS @SweatEconomy TOKENOMICS & UTILITY

Here’s a video breakdown I made of them a while back, still one of the best explanations of the Movement Economy on the Internet imo https://t.co/2qoU7e3kim pic.twitter.com/SnY87QHT4r

— Cade 🐺 (@CadeBergmann) February 1, 2025

Sweatcoin, the foundation of this ecosystem, has been a widely popular fitness app since its launch in 2016. With more than 110 million users worldwide, the app encourages people to lead healthier lifestyles by rewarding them for physical activity. Initially, users earned Sweatcoins, a non-crypto in-app currency, as incentives for their movement. Now, they can convert Sweatcoins into SWEAT, unlocking real-world rewards and experiences.

Currently, SWEAT is priced at $0.00868, reflecting a 7.98% increase in the last 24 hours. Alongside this rise, the token’s market capitalization has grown 8.01% to $59.84 million, while trading volume has surged 20.61% to $57.68 million. Despite the Fear & Greed Index standing at 44 (indicating fear), SWEAT’s price movement suggests a bullish outlook. The rising trading volume and positive momentum indicate growing interest and confidence in the token’s future potential.

2. Mask Network (MASK)

Mask Network (MASK) has been making waves in the Web3 space, with its native token currently priced at $2.44. Over the last 24 hours, MASK has gained 5.67%, while its weekly growth is 15.87%. Its market capitalization has risen by over 5% to reach $244.33 million, with an impressive 453.26% surge in trading volume, pushing it to $427.71 million. 

Analysts maintain a positive outlook for MASK, predicting it could reach $5.955 by March 2025. Even in a bearish scenario, the token is expected to hold steady above $2.579, demonstrating resilience in a volatile market.

Mask Network’s growth is driven by strategic expansion, including its recent acquisition of Nametag, a decentralized identity platform. Announced on September 20, 2024, this acquisition is expected to enhance Mask Network’s identity solution, Next.ID gives users greater control over their digital identities in the Web3 space.

#FireflyLuckyDrop
The God of Wealth has arrived, blessing us with 3,000 USDT in total among partners! 🐍🧧

🎁 Our partners’ Lucky Drops have been a hit—now it’s your turn! Follow our X and claim your fortune via Mask's Browser Extension (https://t.co/NNZXRHSEZS) or the Firefly… pic.twitter.com/opTo0cLpZf

— Mask Network (mask.io) (@realMaskNetwork) February 2, 2025

The platform stands out by integrating decentralized services into widely used social media platforms like Twitter and Facebook. Through Mask Network, users can send encrypted messages, process payments, store and share files, and access other blockchain-based services within their familiar Web2 environments.

One of the most exciting features of Mask Network is its support for Initial Twitter Offerings (ITOs). This functionality enables blockchain projects to raise funds directly on Twitter, bringing a fresh and innovative approach to decentralized fundraising. The platform supports ITOs across major blockchain networks, including Ethereum, Polygon, Binance Smart Chain, and Arbitrum, contributing to its rising popularity.

3. Solaxy (SOLX)

Solaxy (SOLX) is making headlines as one of the crypto market’s fastest-selling initial coin offerings (ICOs). The project has already raised over $16 million at an impressive pace, with daily contributions averaging around $500,000. This strong demand highlights Solaxy’s growing appeal among investors, making it one of the most talked-about presales of 2025.

While other projects, such as Wall Street Pepe and Pepe Unchained, have seen massive presale success — peaking at over $1 million in daily sales — Solaxy is proving to be just as competitive. Solaxy has already surpassed that range and continues to gain momentum. With the presale total exceeding $17 million, it seems only a matter of time before the project crosses another milestone.

The developers have yet to announce a hard cap or an official end date for the presale. However, 10% of the total $SOLX supply is reserved for exchange listings after the token generation event (TGE), ensuring future liquidity. Investor confidence remains high, with recent data showing an individual purchase of $2,500 worth of $SOLX tokens. Once the Wall Street Pepe presale concludes, investors may redirect their profits into Solaxy, further driving demand.

Currently, $SOLX tokens are priced at $0.00162 each, with no minimum investment required. Buyers can participate using ETH, USDT, BNB, or a credit/debit card. To simplify the process, Best Wallet offers a seamless purchasing experience for $SOLX, supporting Ethereum and Solana transactions.

Join the SOLX Presale Now

4. DeXe (DEXE)

DeXe Protocol is transforming decentralized governance with its advanced infrastructure for creating and managing decentralized autonomous organizations (DAOs). Built on a framework of over 50 smart contracts, the platform follows a meritocratic approach, ensuring fair governance while promoting long-term growth. The DeXe DAO oversees the ecosystem, providing tools to help new and existing DAOs scale efficiently. DeXe is making strides in reshaping decentralized decision-making by prioritizing active participation and expertise.

The project has made significant progress in its roadmap, achieving critical milestones that solidify its position as a leader in DAO governance. The successful deployment of Ethereum, consolidation of the DAO Treasury, and launching DeXe’s staking feature for DAOs have contributed to its rapid growth. These developments enhance the protocol’s capabilities, making it an attractive choice for DAO creators and participants.

DeXe’s native token, DEXE, is currently priced at $22.44, reflecting a remarkable 27.28% gain in the past month. Over the past year, it has surged by an impressive 690%, outperforming most top crypto assets. This consistent upward trend signals strong market confidence in the project’s potential.

In January 2025, DeXe Protocol announced a strategic partnership with GraFun, a leading memepad on EVM-compatible blockchains. This collaboration integrates advanced anti-sniping protection into GraFun’s token launch mechanics, setting a new industry standard for security and fairness.

5. Kava (KAVA)

Kava is a Layer-1 blockchain that combines Cosmos’s efficiency with Ethereum’s developer-friendly environment. Built with Cosmos EVM technology, Kava delivers high-speed transactions, strong security, and seamless interoperability, making it an attractive platform for developers and users.

In a bold move, Kava is pivoting towards decentralized AI (DeAI), aiming to integrate artificial intelligence into blockchain technology. On January 13, 2025, the project released its DeAI lightpaper, outlining its vision for AI-driven products, a comprehensive roadmap, and a rebranding effort. This transition positions Kava as an emerging leader in the decentralized AI space, expanding its use cases beyond traditional blockchain applications.

Oros was just the beginning.

Kava is on a mission to build the world’s largest decentralized AI network.

See how we’re making it happen in the 2025 roadmap: https://t.co/YRL6vpz44M pic.twitter.com/LRRUFe45Wj

— Kava (@KAVA_CHAIN) February 3, 2025

KAVA is trading at $0.4772, marking a 4% increase in the past 24 hours. The market cap has risen to $516.58 million, reflecting the same growth percentage. Its 24-hour trading volume has surged by an impressive 89.01% to $143.68 million. These figures indicate rising interest and strong market activity around the project.

Looking ahead, Kava’s growth potential remains significant. Analysts predict that if the project secures key partnerships, its price could surpass $1.52 by April. A continued bullish trend might push its average price to $2.19 by year-end, while a bearish downturn could see it drop to around $0.096.

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