Join Our Telegram channel to stay up to date on breaking news coverage
Earning significant ROI in a bull market could mean paying attention to the meme coins and altcoins with explosive potential. However, identifying cryptocurrencies with explosive potential might take work, as most funds are attracted to pumped-up assets.
Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future.
Next Cryptocurrency To Explode
It’s that time in the market when investors and traders take a position to either hedge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptocurrency to explode among upcoming crypto projects. Therefore, investors should consider Best Wallet’s $BEST Token. Users can stake their BEST tokens and earn a massive annual return. Updates on the project and its prospects are shared below.
1. Moo Deng (MOODENG)
Moo Deng (MOODENG) has recently become a hot topic, thanks to its impressive price increase of more than 450% in the past month. It’s now trading at $0.1326, and this explosive growth has also come with a 208.03% surge over the past week. On top of that, its daily trading volume has climbed by 10.26%, reaching $605.99 million. In the last 24 hours alone, MOODENG gained close to 9%, showing that community interest is still firm.
In October 2024, Binance added Moo Deng to its Futures platform, offering a MOODENGUSDT Perpetual Contract with up to 75x leverage. This listing gave traders more options and helped Moo Deng gain more attention. Since then, the token’s price has shot up by over 176,000%, and its market cap now sits at $131.35 million. This kind of growth shows how much interest and support it has attracted.
🚨 MOODENG (@MooDengSOL) posts the largest 24-hour gain across the top 500 cryptocurrencies by market cap! pic.twitter.com/fKQMhgio89
— The Solana Post (@thesolanapost) May 8, 2025
From a technical perspective, MOODENG looks promising. The MACD indicator recently showed a bullish crossover, with the MACD line moving above the signal line. There’s also a positive histogram, which usually means the price might continue to rise. Meanwhile, the RSI is at 58.29, right in the middle, not too high or too low, leaving room for more gains.
MOODENG aims to break through the resistance level at $0.466, hoping to reach $0.500. However, it needs to keep its momentum going. If it drops below $0.1207, the next support is at $0.09041. Falling below that might point to a more negative trend.
2. dogwifhat (WIF)
dogwifhat ($WIF) has been getting much attention lately, especially with signs pointing to a possible breakout. Chart watchers have noticed a falling wedge pattern, often leading to a price jump. As $WIF nears key resistance levels, traders closely monitor whether a rally is coming.
Over the last month, $WIF has seen a 141.44% jump in value. It’s also gained 50.57% in the past week. In just the past day, its price climbed over 22%, bringing it to $0.8870 at the time of writing. These numbers make it one of the top tokens to watch, especially as the broader market shifts.
Despite recent bearish market trends, $WIF has maintained its popularity. The Fear & Greed Index is currently at 70, showing investors are feeling greedy—or at least hopeful. In fact, during the last 30 days, $WIF closed higher than it opened on 17 different days. That steady buying pressure points to strong trader interest.
Another thing going for $WIF is its presence on top exchanges like Binance, Bybit, OKX, BYDFi, and Dextools. This easy access makes it more attractive to traders, boosting its market position. If the current momentum keeps up, $WIF might break above resistance levels at $1.908 and even $2.436. Its high trading volume and loyal fan base give short-term traders the kind of action they often look for.
There’s still some uncertainty about whether the wedge pattern will lead to a quick breakout or a slow climb, but all signs suggest that $WIF is getting ready for something big. With strong trading activity and interest, it remains among active traders’ most-watched tokens.
3. Best Wallet Token (BEST)
Crypto is heating up again, and Best Wallet is one of the top projects ready to ride the wave. It’s already recognized as one of the best non-custodial wallets out there, with a native token of its own, and ranks high in the multi-coin wallet category too. Plus, its generous $BEST airdrop is ending soon, with the final deadline set for May 15.
One of Best Wallet’s standout features is its Upcoming Tokens tool. This lets users spot promising coins before they’re listed on major exchanges, giving investors a real head start. Thanks to a major upgrade earlier this year, Best Wallet offers full support for Bitcoin transactions and storage. This feature is something many so-called multi-chain wallets still lack since they only work with EVM-based assets.
🚨 The airdrop ends in 6 days. 🚨
This is your chance to finish all quests and stack as many $BEST rewards as you can!
Head to the Airdrop page in the app and complete the Connect Your Wallet quest before May 15.
Don’t leave it too late. 👉 https://t.co/eGBbWWJMeP pic.twitter.com/glHI1m634H
— Best Wallet (@BestWalletHQ) May 9, 2025
Security is another strong point. Best Wallet recently integrated Fireblocks’ MPC (Multi-Party Computation) technology, which splits private keys into parts that need approval across multiple devices before any sensitive action can be taken. That’s the kind of protection usually reserved for institutions. Even better, users can back up all their wallets from the app—no need to write down recovery phrases anymore.
The clock is ticking, and investors have around 33 hours left before the $BEST token enters its next price stage. Right now, it’s still available for just $0.025005. For those who want to grab some free tokens, there’s still time to join the airdrop, connect your Twitter/X account on the Best Wallet website, and complete a few easy quests. But don’t wait too long—the airdrop closes on May 15.
Join the Best Wallet Token Presale Today
4. Baby Doge Coin (BabyDoge)
Baby Doge Coin has quickly become a big name in the meme coin world, competing with other popular projects like Gigachad. Its rise comes mainly from strong community support and the potential for high rewards. Built on the Binance Smart Chain (BEP-20), Baby Doge offers fast and low-cost transactions, which helps attract more users.
One of BabyDoge’s unique features is its special token system. It’s hyper-deflationary, which means the total supply reduces over time. With every transaction, 5% is shared among holders, so users can earn passive income just by holding the token. This setup encourages long-term holding and builds a loyal community.
Baby Doge is also known for its efforts outside of trading. It supports animal rescue causes and includes fun tools to keep its users involved. One cool feature is the AI-powered image maker that lets people create their Baby Doge characters and memes. These can even be turned into NFTs, adding more ways for users to interact with the project.
Burning soon 👀 https://t.co/gZ8RXCrqFY
— Baby Doge (@BabyDogeCoin) May 10, 2025
Regarding market action, Baby Doge Coin has shown steady growth. It continues to trend upward on daily charts, with sellers struggling to push the price down. In the last 24 hours, it rose to $0.000000001860, marking a 21.39% increase. The next critical price level to watch is $0.00000000195. If the coin can break past that, it might aim for the next goal at $0.00000001972.
5. Immutable (IMX)
Immutable (IMX) has been climbing fast, with its price jumping 70.16% over the past month. Much of this excitement comes from rumors of a new partnership. A strong Bitcoin rally has also helped boost IMX’s price. On May 10, it hit a daily high of $0.6765, almost double what it was earlier in the month. Its current market cap is around $1.22 billion, although trading volume has dropped by more than 24%.
The surge in interest started when co-founder Robbie Ferguson hinted at a major “multibillion-dollar” deal that’s been developing for two years. While full details haven’t been released yet, the possibility alone has investors hopeful. Many are expecting more good news that could push IMX even higher.
IMX’s rise fits in with a broader trend among blockchain gaming tokens. Other coins in this space, like Gala, Sandbox, Axie Infinity, and SuperVerse, have also seen gains recently. The market’s positive direction is partly thanks to Bitcoin’s leap to nearly $94,000 a couple of weeks ago, which helped lift the total crypto market value back above $3 trillion.
Ubisoft has over 200M players on Ubisoft Connect. That’s 200 million gamers who are now a step closer to Web3 thanks to their partnership with @Immutable.
This isn’t just another collab. It’s one of the most meaningful bridges between traditional gaming and blockchain we’ve… pic.twitter.com/L5foU2UXwY
— Epsy (@Epsy_eth) May 9, 2025
Adding to the excitement, gaming giant Ubisoft and Immutable recently announced a new card-based strategy game called Might & Magic: Fates. This game mixes classic gameplay with blockchain features and will be available on iOS and Android.
Players can gather cards, trade them, and build decks full of unique characters and creatures. Victory in the game will come from smart play and sound strategy, not from spending the most money.
Read More
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
