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Next Cryptocurrency To Explode in 2024

next crypto to explode
next crypto to explode

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

2022 was a bearish year for the crypto market – dubbed the ‘crypto winter’ in cryptocurrency news media, Bitcoin dropped as low as $15,000, and many altcoins retraced by a more significant percentage, hitting all-time lows.

One advantage is it has made investors seek out cryptocurrencies with better utilities and higher potential for explosive long-term gains in the next crypto bull run. This guide highlights and reviews many cryptocurrencies to explode in 2024 and future years.

What Are The Next Cryptocurrencies To Explode in 2024

Looking out for the next big cryptocurrency to add to your crypto portfolio? Many viable crypto projects to choose from, catering to different niches, appear promising.

This is why choosing the right cryptocurrency might be a difficult task in hand. To assist you in taking the right decision, we’ve curated a list of the top fifteen high-potential cryptocurrencies available.

  1. Smog (SMOG) – High Potential Viral Memecoin Likely to Explode in the Coming Months
  2. Bitcoin Minetrix (BTCMTX) – Next Crypto to Explode with Its Stake-to-Mine Utility
  3. Sponge V2 (SPONGEV2) – Memecoin Set to Explode with its V2 Token Launch
  4. Scotty the AI (SCOTTY) – AI Memecoin With a High Staking APY Still in its Presale Phase
  5. Meme Kombat (MK) – Next P2E Memecoin to Explode
  6. eTukTuk (TUK) – New Green Cryptocurrency Likely To Explode
  7. Wall Street Memes (WSM) – Memecoin That Can Potentially Explode in 2024
  8. Ripple (XRP) – Set to regain its popularity in 2024 following SEC lawsuit
  9. Ape Coin (APE) – Crypto DAO project giving control back to its investors
  10. Gala (GALA) – Giving crypto gamers their control back
  11. Immutable X (IMX) – Improving Ethereum’s scalability and user experience
  12. Bitcoin (BTC) – Ready to regain its throne and hit new all time highs after the next Bitcoin halving
  13. Ethereum (ETH) – The cryptocurrency essential for dApp projects
  14. Dogecoin (DOGE) – Huge community, largest meme coin by market cap
  15. Cosmos (ATOM) – The Internet of cryptocurrencies exploded in 2024
  16. TRON (TRX) – Ability to revamp the content creation process
  17. Sei (SEI) – Innovative Crypto Powering Decentralized Exchanges

A Closer Look at the Next Cryptos to Explode

Our list kicks off with a meme coin – as Dogecoin and Shiba Inu showed in the last bull run, and Pepe (PEPE) showed in 2023, meme coins can explode by hundreds of percent in a matter of days:

Smog (SMOG) – High Potential Viral Memecoin Likely to Explode in the Coming Months

Smog, riding the wave of meme coin popularity, offers investors a tantalizing blend of short-term excitement and long-term potential. Its dragon-themed imagery, inspired by the iconic Smog from “The Hobbit,” adds to its viral appeal within the crypto community. Since its launch, Smog has soared on the price charts, experiencing a staggering 1500% surge on Jupiter DEX, further fueling its popularity.

Smog

Beyond its meme-driven rise, Smog distinguishes itself with a unique long-term fundamental: the airdrop. This reward-generating strategy promises to distribute tokens based on a user’s accumulated airdrop points, earned through participation in the Smog ecosystem’s games and activities. While specifics about the airdrops remain scarce, their potential adds another layer of intrigue to Smog’s investment proposition.

For investors seeking both immediate gains and future potential, Smog emerges as a compelling option. Its blend of features like staking, multiple blockchain support, short-term excitement and long-term utility positions it as a crypto to watch closely in 2024.

Visit Smog

Bitcoin Minetrix (BTCMTX) – Next Crypto to Explode with Its Stake-to-Mine Utility

Amid Bitcoin’s ongoing challenges, a new player on the crypto scene, Bitcoin Minetrix ($BTCMTX), is making waves by reshaping the landscape of cryptocurrency mining.

Bitcoin Minetrix

$BTCMTX introduces a groundbreaking concept – the Stake-to-Mine model. Holders of $BTCMTX tokens can stake them to accumulate Bitcoin mining credits, which can be redeemed for actual mining time and rewards.

$BTCMTX reveals a capped total supply of 4 million tokens, with 70% allocated to presale buyers. The project’s strategic pricing during the presale phase, starting at just $0.011 per token, drew significant attention and raised over $100,000 on its inaugural day.

The future holds promising prospects for Bitcoin Minetrix. The project’s development team is actively negotiating with leading cloud mining conglomerates to expand its Stake-to-Mine protocol worldwide. Moreover, there are plans to roll out a mobile version of the platform, enhancing accessibility for users who prefer managing their mining activities on the go.

With Bitcoin still seeking stability, Bitcoin Minetrix emerges as an appealing alternative, positioning itself as a project to watch closely in the cryptocurrency space.

Visit Bitcoin Minetrix

Sponge V2 (SPONGEV2) – Memecoin Set to Explode with its V2 Token Launch

Sponge V2, an upcoming token within the Sponge ecosystem alongside its V1 version, initially launched in May 2023. The project has gained considerable traction and is anticipated to experience significant growth in the coming days. A closer look at the project reveals a vibrant amalgamation of quirky characters that unite the community. However, Sponge V2 has utilized this communal aspect to transcend from Sponge V1, aspiring to be more than just another memecoin offering.

Sponge V2

Sponge V1 made waves as one of the top memecoins in 2023, swiftly climbing the price charts after its debut on Uniswap. Despite a subsequent decrease in its value following the decline of the memecoin frenzy, the community persisted and thrived. Consequently, Sponge V2 stands out as a project introducing a distinctive Play-to-Earn (P2E) mechanic and a staking feature to the ecosystem. Existing Sponge V1 holders have the opportunity to stake their tokens via the official website and receive an equivalent number of Sponge V2 tokens. Meanwhile, new token buyers will find their tokens automatically staked.

The staking process not only facilitates the upgrade of Sponge tokens but also offers bonus rewards to those who lock their tokens for extended periods. These developments have fostered a community belief in the potential for substantial profits in the next few months, positioning Sponge V2 as an enticing investment opportunity to consider.

Visit Sponge V2

Scotty the AI (SCOTTY) – AI Memecoin With a High Staking APY Still in its Presale Phase

As a presale project, Scotty the AI positions itself as a memecoin with futuristic fundamentals driven through artificial intelligence. While this future cryptocurrency wears the face of a memecoin and advertises its goals as one to push the community forward, its appeal lies in what it can be for the future of the cryptocurrency market.

Scotty the AI

Scotty the AI presents Scotty, a Scottish Terrier with AI-driven abilities that allow it to analyze complex blockchain data, detect patterns, and identify potential threats. It is also agile, allowing faster transactions. Other features include the ability to intuitively detect fraud and being community-driven.

Two aspects of this ecosystem make it shine: Scotty Swap and ScottyChat. Scotty Swap introduces a unique DEX powered by artificial intelligence. With ScottyChat, users get an AI companion that provides info about all things crypto.

Scotty the AI differentiates itself as a future project because it embraces the ethos of decentralization. The project’s team has renounced the ownership of the smart contract, making it entirely community-driven. With an impressive APY of more than 260% on staking and more than $475k already raised in funds, the project is likely to see massive growth in the upcoming couple of months, as per the community.

Visit Scotty the AI

Meme Kombat (MK) – Next P2E Memecoin to Explode

Meme Kombat is an all new crypto project in the memecoin space. The crypto project at the intersection of memes and competitive gaming, introduces a clear and structured tokenomics plan. The native $MK token, now available for presale, has a maximum capped supply of 12,000,000 tokens.

Meme Kombat Get into Crypto

Meme Kombat is a gaming platform that combines the fun of memes with the excitement of competitive battles. Using advanced technology and the decentralized Ethereum network, Meme Kombat aims to make a one-of-a-kind and enjoyable gaming experience.

The project has set ambitious targets for its presale, aiming for a $1 million soft cap and a $10 million hard cap. Notably, $MK tokens are currently available for purchase at $1.667 each during the presale, with payment options including ETH, USDT, and BNB.

With a strong focus on transparency, Meme Kombat’s core team, led by founder Matt Whiteman, stands out in the meme coin sector by maintaining a public profile. The project’s well-structured tokenomics plan and innovative approach to gaming have garnered substantial attention in the cryptocurrency and Web3 communities.

Visit Meme Kombat

eTukTuk (TUK) – New Green Cryptocurrency Likely To Explode

eTukTuk emerges as a pioneering force in the electric vehicle (EV) landscape, redefining urban mobility with its innovative approach. This project seamlessly integrates blockchain technology and artificial intelligence to create an ecosystem focused on sustainability and eco-friendly transportation options.

eTukTuk

The eTukTuk EV, a cost-effective alternative to traditional TukTuks, operates through efficient charging stations, providing drivers with a significant reduction in operating costs. The strategic partnership with the Sri Lankan government underscores the project’s commitment to tangible impact, with plans to establish over 200 charging stations, revolutionizing urban transportation.

The incorporation of Layer 2 opBNB from BNB Chain showcases eTukTuk’s dedication to efficiency and innovation in the cryptocurrency space. The adoption of the Proof of Staked Authority (PoSA) consensus method on BNB Chain adds a layer of trust and credibility to the project, creating enticing opportunities for cryptocurrency enthusiasts.

The ongoing TUK token presale, currently valued at $0.026, has garnered significant attention, securing over $560,000 in funding. The staking option, with an Annual Percentage Yield (APY) of 390%, appeals to investors looking for both financial gains and a meaningful contribution to sustainability. The TUK token plays a crucial role in expanding the eTukTuk network, generating revenue and rewarding stakeholders in the process.

eTukTuk’s mission extends beyond environmental considerations, actively contributing to positive change in marginalized communities grappling with financial disparities. With substantial milestones and partnerships, eTukTuk positions itself as a transformative force in the pursuit of sustainable urban mobility.

Visit eTukTuk

Wall Street Memes (WSM) – Memecoin That Can Potentially Explode in 2024

Entering to explode in the crypto space amidst this memecoin mania is Wall Street Memes.

Hailing from a meme community with over 1 million followers across multiple social media platforms, Wall Street Memes is an homage to Wall Street Bets, a Reddit group of investors that led Gamestonks. This Gamestop short-squeeze event increased Gamestop’s value by around 100x.

Wall Street memes

This community has since been involved with the latest trends in the NFT space, including the Bitcoin NFTs. Its collection of PFP NFTs was sold out within minutes of being live on Opensea. And with the latest memecoin – WSM – Wall Street Memes is once again aiming to become the next crypto to explode in 2024.

Wall Street Memes is now available for purchase on OKX.

Buy Wall Street Memes

Ripple (XRP)

Ripple has cemented its place in the crypto industry. It is a money transfer network project designed to serve the financial services industry’s needs. The native token of the project is XRP. Ripple is a payment settlement and currency exchange system facilitating transactions globally. XRP is the native token of the Ripple network that runs on the XRP Ledger. The XRP’s blockchain works differently than most other cryptos. It makes things centralized and uses a consensus protocol.

Buy Ripple

Ripple has a ton of benefits that makes it stand out. While other transfers take days to be verified and completed, Ripple’s transactions take less than four or five seconds to be executed. Various larger financial institutions such as the IndusInd Bank, Santander, and Bank of America use Ripple, demonstrating the goodwill and the market adoption functionalities that the cryptocurrency possesses.

What makes us add Ripple to the list is the adoption by major financial institutions and banks and its various solutions, which include the Crypto Liquidity Hub, Cross Border Payments, and Central Bank Digital Currencies.

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ApeCoin (APE)

ApeCoin comes from the house of legacy NFT creators- The Bored Ape Yacht Club. It holds the right potential to gain the necessary hype while keeping true to its utility.

Buy Apecoin

In the first quarter of 2022, the rumor mill was abuzz with reports of a cryptocurrency coming up, which would’ve been the native token of Bored Ape Yacht Club, developed by Yuga Labs. Then came ApeCoin. It is an ERC-20 governance and utility token of the APE ecosystem and is administered by a decentralized autonomous organization (DAO). This allows the holders of the coin to vote for any governance-related decisions.

The ApeCoin serves various purposes in the ecosystem. Some of the use cases of ApeCoin include enabling holders to participate in the governance of the DAO, which further allows them to participate in the governance of the DAO and gives access to some exclusive features such as games, events, merchandise, and more.

ApeCoin holds true potential to keep its place and explode in 2024 due to being backed by Yuga Labs. The same organization brought some best-selling NFTs, including The Bored Ape Yacht Club, Meebits, CryptoPunks.

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GALA

Gala Games is at the forefront of a big metaverse revolution riding on the GameFi (play to earn) industry and NFTs.

Launched in 2020, Gala Games identified the gap in the play-to-earn industry and was one of the first movers in the space. It is a platform that creates blockchain-powered games, providing its players with actual ownership of their in-game assets with the help of NFTs.

Buy Gala

It isn’t just its presence in the Play To Earn area that makes us add it to the list, but Gala Games’ focus on creating quality games that are way better than the usual games in the P2E space. Gala Games has its own native token called GALA. This is the primary token used within the game’s ecosystem for purchasing assets, peer-to-peer payments, rewarding nodes, and more.

What makes us seem optimistic about Gala Games is its unique abilities, which add to its overall functionalities. It is built on the Binance Smart Chain, which reduces the overall transaction fees when using GALA in the game. Other benefits include multiple games built in-store for a better gaming experience and a massive community with over 1.3 million members.

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Immutable X (IMX)

Immutable X recently made itself heard again in crypto with its recent integration with the NFT marketplace Rarible. The gaming NFTs built on IMX can now be sold on Rarible.

Buy IMX

Immutable X came up with the sole aim of making NFT transactions via the Ethereum blockchain more efficient by lowering gas fees. Launched in 2018 by James Ferguson, Robbie Ferguson, and Alex Connolly, it primarily targets getting instant confirmations on transactions on the blockchain and negligible gas fees for minting and trading NFTs.

The native token of Immutable X is IMX, which has 2 billion coins in circulation as of writing and is governed by the ERC-20 standard. These IMX tokens can help pay transaction fees and give incentives. Investors can also buy their IMX tokens and stake them to earn rewards and vote for any governance-related decisions.

Buy IMX

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Bitcoin (BTC)

Bitcoin is where most of the craze around cryptocurrencies started. Over the years, Bitcoin has shown resilience and can withstand the most negative news surrounding the entire crypto industry. While Bitcoin is currently facing the wrath of crypto winter and falling, it is expected to rise again.

Buy Bitcoin

Bitcoin has a variety of use cases, with countries like El Salvador even giving Bitcoin the status of legal tender. Experts seem optimistic about Bitcoin rising again and regaining its previous price levels.

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Ethereum (ETH)

The world’s second-largest cryptocurrency has also made it to the list for various reasons. Ethereum comes with its own set of functionalities that make it unique. Last year Ethereum reduced the supply of Ethereum tokens, which currently stands at 122.2 million. This ensured the network could handle more transactions per second, improve the platform’s scalability, and lower transaction fees.

Ethereum has some edge over Bitcoin because the network’s infrastructure can be used to build apps and is also a base for other cryptocurrencies, facilitating decentralized finance. Apart from this, the Ethereum blockchain is also used by most of the top NFT projects too.

Buy Ethereum

Ethereum has also completed the most significant upgrade in its price history, which transitioned Ethereum to a Web 3-ready proof of stake mechanism, reducing power consumption and increasing security.

Ethereum’s ability to provide additional features and act more as a facilitator than just a coin is already a significant advantage. With the current low prices, it can be a good moment for many to get in and invest in it too. We included Ethereum on our list of the best future cryptocurrencies.

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Dogecoin (DOGE)

Dogecoin will always be remembered as the cryptocurrency that started the meme coin trend. The memecoin has shown resilience by staying relevant even after a significant slump in its valuation last year.

Buy Dogecoin

While there have been questions about Dogecoin due to its lack of real-world utility and the entry of competitors such as Bonk (BONK), DOGE is now accepted as a mode of payment by thousands of merchants worldwide, adding to its utility. Moreover, its recent rise as the second largest proof-of-work coin after Bitcoin is a testament.

It is yet to be seen how Dogecoin adds some much-needed utility. However, it is backed by a large community, an advantage for cryptocurrency in the long run.

Buy DOGE

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Cosmos (ATOM)

The Cosmos blockchain was simply developed to facilitate and enhance the quality of communication between distributed ledgers without relying on a centralized server. The platform was soon termed the ‘internet of blockchain’ by its founders, which aimed at streamlining transactions.

Buy Cosmos ATOM

Cosmos has a network of apps and services that are interconnected with one another to facilitate effective communication. This is done using hubs, the Tendermint consensus algorithm, and the Inter-Blockchain Communication protocol to ensure that blockchains can communicate securely.

It solves three significant problems that blockchain faces. Firstly, the Cosmos SDK solves the problem of high gas fees. This is done by the blockchains connecting with each other, relying on smart contracts on different blockchains. Similarly, Cosmos also offers scalability due to its interoperability model of shared communication and sustainable measure such as the PoS consensus algorithm, which reduces carbon footprint by 99%.

Buy Cosmos

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Sei (SEI)

Another token that’s set to explode in 2024 is one that leverages its layer-1 architecture to give decentralized exchanges an unfair advantage.

SEI is a solution that has been designed specifically for decentralized exchanges. Decentralized exchanges, although preferred when trading crypto, have historically faced scalability, and reliability issues in the past. SEI is a project that aims to help them reach their full potential.

Sei (SEI)

The official website described SEi as a blockchain project designed to enable the mass adoption of digital assets. Due to its unique utility, it has been getting the attention of multiple DEXs. The official website of SEI reveals that it has a transaction finality of 300 ms, has conducted more than 100 million transactions already, supports more than 4 million testnet users, and manages 20,000 orders per second.

The rise of a decentralized economy in 2024 will lead to the creation of more DEXs, all of which will be looking for robust solutions. SEI, with its user-friendly approach, can be the one these decentralized exchanges look for. That could potentially boost its value on the price charts parabolically.

How To Find The Next Cryptocurrency To Explode in 2024

Finding the next big thing in cryptocurrencies is certainly not easy. This is why you should know the right places where you can look for the next big thing in the world of cryptocurrencies.

  1. Social Media: Social media is usually rife with news and cryptocurrency discussions. This involves opinions and analysis by experts, updates on the projects, and some theories and in-depth discussions by users. Some of the best places to look for cryptocurrency-related information are Reddit and Twitter.
  2. Look Out for ICOs: Initial Coin Offerings are a way to ensure that most of the upcoming crypto projects can raise funds for their projects. ICOs can be an excellent way to get into cryptocurrencies. However, one thing to note here is that many ICOs are unregulated.
  3. Latest Crypto News: Following the latest crypto news can be another good way to stay abreast of the rising cryptocurrencies. Information from reliable sources such as Inside Bitcoin can come in handy for you to make a decision.

However, at the end of the day, the final decision depends on you, your due diligence, and your propensity for risk.

Where To Buy The Next Big Crypto?

There are numerous crypto exchanges and brokers with loads of features available. However, the one that stands out for us as well is eToro.

eToro has been in this space for decades now. The platform has become one of the trusted sources for cryptocurrency-related trades due to its extensive list of features, security, and ability to diversify one’s investment from the same platform.

The platform now consists of more than 25 million registered users. What keeps these millions of users safe is the highly regulated ecosystem of eToro. The FCA, ASIC, and CySEC regulate the platform. Cash funds on eToro are held in regulated US banks and insured up to $250,000. It uses a multi-layered security approach to store cryptocurrencies, including warm and cold storage.

The minimum trade size on eToro is $10, which charges a flat 1% fee on all crypto trades. Its easy-to-use interface, extensive list of cryptocurrencies, and long features make it an ideal crypto exchange for beginners and experts. See our full eToro review.

Some of our top picks for the next cryptocurrency to explode are not yet listed on eToro but are on OKX – see our complete OKX review.

Conclusion

Cryptocurrencies aren’t at their most bullish phase as of now. While the crypto winter does seem to slow down, it hasn’t died yet. This is what has made a lot of potential investors rethink their decision to step and invest in cryptocurrencies.

However, that’s always been the case with many financial revolutions in the past too. Cryptocurrencies aren’t in the best phase now, but seeing the dynamic approach by upcoming projects and a long-term attitude, it seems that the industry will soon be able to figure out the right track, eventually leading to an increase in their prices.

Based on the available data, one can only predict which cryptocurrency might stand out in the coming days. The final call is dependent on the potential of risk before you invest.

Presales offer the lowest risk and price point early in their roadmap among all the major ‘next big thing’ projects in the crypto industry. In this guide, we reviewed several, including Smog, Bitcoin Minetrix, and Launchpad XYZ.

Smog (SMOG) - Newest Crypto Launch

Rating

Smog token
  • Fair Launch on Jupiter
  • Free Airdrop Rewards
  • High APY Staking - smogtoken.com
  • Solana Based Meme Coin with ETH Bridge
  • Trending on DEXTools
  • Upcoming CEX Listings
Smog token

FAQs on the Next Crypto to Explode

Which cryptocurrency might explode right now?

There are a number of prospects which might be able to prove their worth in the crypto market down the line. However, there are quite a few reasons to be bullish about Bitcoin Minetrix, with its unique staking and mining fundamentals.

What are some of the best sources to find the next big cryptocurrency?

To be on the lookout for the next big cryptocurrency this year, there are quite a few sources. A few of them are by looking out for Reddit groups around cryptocurrencies, social media and news around initial coin offerings or a presale of a coin. You can also refer to price and volume charts for a better picture.

How do I get a first-mover advantage on crypto before listing?

In order to get your hands on an unlisted cryptocurrency, one can look out for any presales taking place for a cryptocurrency.

Where can I buy promising cryptocurrencies to buy before they explode?

Whether you’re a beginner or an expert, eToro turns out to be the best platform to invest in cryptocurrencies. With more than 75 listed top cryptocurrencies and a 1% flat fee per trade, one can start investing with eToro and that too from as little as $10.