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The altcoin market looks promising, and many altcoins are recording gains. Late last year, the cryptocurrency market experienced heightened volatility as several tokens experienced price fluctuations. But things have mostly been on the green side for many investors since November. Investors need to stay alert during this consolidation phase, as it could be a chance to catch a ride on a rising trend.
Prices of various altcoins are already showing positive movements, even before the market takes off entirely. This article is dedicated to identifying the next cryptocurrencies to explode and inform investors and traders about each token.
Next Cryptocurrency To Explode
Savvy investors capitalized on this year’s boom in the altcoin market and taking positions in upcoming tokens like the Meme Index. Meme Index simplifies investing in meme coins by offering exposure to a curated collection of meme coins, reducing individual risks.
1. Safe (SAFE)
After a challenging period for altcoins, Safe (SAFE) is showing signs of recovery. Its price has climbed by 9.77% in the past 24 hours, reaching $0.6324. Moreover, its market capitalization has risen by 9.5% to $333.57 million. Trading activity has surged, with a 517.18% increase in 24-hour volume, now at $75.49 million.
Safe is the largest smart account ecosystem within the Ethereum Virtual Machine (EVM). It provides a secure and flexible infrastructure for over 200 decentralized applications (dApps) and DeFi projects, protecting over $100 billion in assets. Thanks to its strong security measures, Safe attracts users and developers, further solidifying its role as a trusted platform for blockchain security.
Looking ahead, Safe has introduced SafeNet, an ambitious project set to launch this year. This initiative aims to revolutionize blockchain transactions by offering instant, secure cross-chain payments. SafeNet’s framework integrates advanced security and compliance tools inspired by Visa’s global payment system (VisaNet).
Did you miss the workshop on building reliable agents with Safe?
No worries—catch up and watch the full session herehttps://t.co/1CdTZ6p6hs— Safe.eth (@safe) February 12, 2025
Unlike traditional blockchains, SafeNet will allow users to interact with multiple blockchains through a single account. The network will include transaction processors and security-focused features such as fraud detection, compliance monitoring, and smart account resource locks. These enhancements will improve efficiency and safety, making blockchain transactions faster and more secure.
2. Onyxcoin (XCN)
Despite the market downturn in mid-to-late January, Onyxcoin (XCN) has been one of the top-performing cryptocurrencies. Its price has risen by 14.65% in the past 24 hours, contributing to an impressive 812.79% surge over the past month. Currently, XCN trades at $0.02420, marking a major milestone for the project.
Onyxcoin has made significant progress since its early days when its value was less than a fraction of a penny. It has entered the billion-dollar market cap club, ranking among the top 100 cryptocurrencies. One of the most influential crypto analysts, The Economic Ninja, who has over 547K YouTube subscribers, predicts that XCN could reach $0.10 by February 2025—a massive leap from its current price. This is encouraging news for early investors who bought in at $0.0025.
A major development driving Onyxcoin’s success is its plan to launch XCN Ledger, a Layer 3 blockchain built on Arbitrum Orbit, with security support from Coinbase’s Base Layer 2. This marks a strategic shift for Onyxcoin, which is moving away from being just another ERC-20 token to establishing its blockchain.
Did you know the $XCN Ledger Blockchain utilizes EIP-1559 to give #XCN a burn mechanism? XCN is the Layer 3 gas token ⛽️🤝 pic.twitter.com/X6ZwNLGQKL
— Onyx (@OnyxDAO) February 12, 2025
By choosing Arbitrum Orbit, Onyxcoin can create a customized and efficient system while keeping costs low. Unlike standard Layer 1 and Layer 2 solutions, this approach allows businesses and developers to build tailored blockchain applications. Previously, Ethereum’s high gas fees posed a major challenge for Onyxcoin. The project had been compensating stakers for excessive transaction costs, but with the move to Layer 3, these fees are expected to drop significantly.
Onyxcoin’s growing ecosystem and strong investor confidence suggest that XCN could see even greater gains in the months ahead.
3. Meme Index (MEMEX)
Meme Index ($MEMEX) is bringing a fresh approach to the $120 billion meme coin market, offering structured investment options for those looking to tap into this rapidly growing sector. The project has already gained attention, raising $3.6 million in its ongoing presale. By introducing multiple indexes, the Meme Index allows investors to customize their portfolios, choosing between established tokens or high-risk, high-reward assets.
The platform offers four distinct crypto indexes, each catering to a different investment strategy. Meme Titan Index includes popular and well-established meme coins like $DOGE, $SHIB, and $PEPE. Strong communities back these coins and offer relatively stable growth. Moonshot Index targets tokens with market caps between $250 million and $1 billion. This category focuses on higher-risk assets with the potential for major price surges.
The Midcap Index is designed for tokens between $50 million and $250 million. It helps investors get early exposure to promising projects before they reach the top tier. Finally, the Meme Frenzy Index is a high-risk, high-reward index with new and emerging meme coins, offering a chance to invest in potential breakout stars.
The Meme Index provides a balanced approach by spreading investments across different meme coins. Even if some tokens in an index fail to perform, strong performers can offset the losses, reducing risk while maintaining the opportunity for significant returns.
Users can buy and stake MEMEX tokens for rewards. The token is currently priced at $0.0161637, but each new presale phase increases the price, giving early investors an advantage.
One of the standout features is staking, which offers a massive 640% APY, making it an attractive choice for passive income seekers. Investors can purchase $MEMEX using ETH, USDT, BNB, or a bank card. Additionally, users of Best Wallet can buy the token directly through the app.
4. Lido DAO (LDO)
Lido DAO (LDO) has seen a sharp price increase following a major upgrade. The token trades at $1.77 and has been moving within a descending channel for several months. After bouncing from a strong support level at $1.40, backed by the 25-day and 100-day moving averages, LDO is testing the channel’s upper boundary, making this a key moment for a potential breakout.
As the largest Ethereum staking protocol, Lido is preparing for a significant transformation with the launch of Lido v3. This upgrade introduces stVaults, a modular and customizable infrastructure designed to bring institutional investors into Ethereum staking. The new system also enhances staking strategies and strengthens integration across decentralized finance (DeFi), marking a major step forward for Lido’s role in the staking ecosystem.
A recent press release states that stVaults will utilize modular smart contracts, adding new functionality beyond the Lido Core Protocol. This approach aims to increase adoption among institutions, further solidifying Lido’s position in the market.
In the past 24 hours, LDO’s price has surged by 13.26%, supporting a 6.92% monthly growth. Its trading volume has jumped by 135.62%, reflecting rising interest in Ethereum staking. Moreover, Lido’s market capitalization has increased to $1.59 billion, highlighting the project’s growing influence in the staking sector. With these developments, Lido continues to push the boundaries of Ethereum staking, attracting more investors to its ecosystem.
5. KuCoin Token (KCS)
KuCoin Token (KCS) is the native cryptocurrency of the KuCoin exchange, offering users lower trading fees and a share of the exchange’s profits. Launched in 2017, KCS initially operated as an ERC-20 token on Ethereum. However, KuCoin has since introduced plans to gradually reduce its supply from 200 million to 100 million through a buyback and burn strategy.
Currently, KCS is priced at $12.16, showing over 10.5% growth in the past month. With around 122.6 million tokens in circulation, the token holds a market capitalization of approximately $1.49 billion. Since hitting its lowest point in 2019, KCS has experienced remarkable growth, soaring by over 2,000%. KuCoin has continued to expand KCS’s utility, integrating it into new features and services within its platform.
KCS is expected to become even more central to KuCoin’s decentralized financial services. The token will serve as a governance asset and a key element in KuCoin’s expanding ecosystem. The exchange has reinforced its commitment to KCS through its “Empower KCS” initiative, aiming to increase its utility and value for holders.
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— KuCoin (@kucoincom) February 13, 2025
With strong community support and a solid foundation, KCS has promising growth potential. Analysts suggest that partnerships with other networks help push its price above $15, while a continued bullish market could see KCS average around $13.19 before the year ends. As KuCoin continues to evolve, KCS could be the next cryptocurrency to explode.
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