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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 informing investors and traders about each token.
Next Cryptocurrency To Explode
Savvy investors capitalized on this year’s boom in the altcoin market and are 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. FTX Token (FTT)
FTX Token (FTT) has shown remarkable resilience, making an unexpected recovery despite the massive setbacks it faced. Once dismissed following the collapse of the FTX exchange, FTT has managed to rebound, outperforming several other cryptocurrencies. At present, the token is trading at $1.30, marking a 2.26% increase in the past 24 hours and a 7.41% rise over the last week.
One of the key factors driving this revival is the anticipated distribution of over $16 billion in funds to former FTX creditors and customers. As the bankruptcy case nears its conclusion, investor confidence has been steadily growing, contributing to FTT’s upward movement. If this trend continues, the token’s positive momentum could extend well into Q3.
Following the collapse of the FTX exchange, FTT experienced a dramatic drop in value. However, recent developments have sparked renewed optimism. The structured reimbursement process for eligible creditors and customers has played a crucial role in restoring trust. Since January 2025, those affected have been receiving their payouts after completing identity verification and submitting tax documentation through the FTX portal.
From a technical standpoint, FTT’s performance suggests further potential for growth. The recent formation of a Golden Cross—where the 50-day Moving Average crosses above the 200-day Moving Average—is a bullish indicator that often signals a prolonged uptrend. If the token can break through the $4 resistance level, it could trigger a more significant price rally.
Despite the challenges ahead, FTX Token’s resilience proves that it is far from irrelevant. Whether this recovery is sustainable will depend on broader market conditions and the outcome of the FTX bankruptcy case.
2. Internet Computer (ICP)
Internet Computer (ICP) has been gaining traction, registering a 2.27% price increase in the last 24 hours to reach $5.86. Over the past week, it has surged by 10.77%, drawing the attention of traders and investors as it continues to show signs of recovery.
A major factor supporting ICP’s recent growth is its ability to maintain a strong position above the $5.8 support level. This stability has allowed the token to gain upward momentum after breaking out from a falling wedge pattern. Analysts suggest that if ICP surpasses the key resistance level at $6, it could pave the way for further gains, with price targets set at $8.75, $10.50, and $13.75. Such a breakout would signal strong bullish sentiment for the token.
One of the most exciting developments fueling ICP’s rise is its integration with Bitcoin. This partnership allows developers to create applications on the Internet Computer blockchain while benefiting from Bitcoin’s high security. The collaboration has added significant value to the project, making it more attractive to developers and investors alike.
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Evaluates market conditions in real-time👉 https://t.co/pFqorVgmEN pic.twitter.com/GBVKvjghw8
— DFINITY (@dfinity) March 17, 2025
Earlier this year, the DFINITY Foundation, which leads the development of Internet Computer, published its 2024 Ecosystem Report, highlighting major advancements in cross-chain technology. The report showcased the impressive growth of the Chain Fusion protocol, a system that facilitates smooth interactions between different blockchain networks. Over the past year, activity on Chain Fusion has surged by over 1,230%, reflecting increased demand for seamless multi-chain applications.
Additionally, the protocol has recorded a staggering 2,040% increase in message processing, further proving its growing importance within ICP’s ecosystem. This progress strengthens Internet Computer’s position as a blockchain project with significant long-term potential.
3. Meme Index (MEMEX)
The presale for Meme Index ($MEMEX) is entering its final stretch, with just over 13 days left before the token officially launches. So far, the project has raised an impressive $4 million, signaling strong investor interest.
Meme coins once boasted a combined market value of around $137 billion, but that figure has now fallen below $50 billion. While this drop may seem worrying, industry experts like CoinGecko’s co-founder and COO, Bobby Ong, see it as a temporary dip, with a potential rebound on the horizon.
When $MEMEX is up to bat you KNOW it's going to be a homerun. 🤑📈 🏏 pic.twitter.com/p5lrSP1Uea
— Meme Index (@memecoin_index) March 17, 2025
Meme Index offers a diversified approach to meme coin investing. Instead of taking a chance on individual tokens, MEMEX holders gain access to a curated selection of meme coins. This structure allows investors to benefit from the overall performance of the meme coin market without needing to research and pick individual projects.
Currently priced at $0.0166883, MEMEX may not stay at this level for long once it begins trading on major exchanges. The token is designed with long-term utility in mind, as it grants holders access to Meme Index’s investment tools and indexes.
Traditional investing in meme coins can be risky and requires significant research to identify potential winners. However, the Meme Index simplifies this process by spreading investments across multiple tokens that have already proven their resilience.
With the presale coming to an end, investors have little time to secure MEMEX at its current price. Those interested in early access can participate by visiting the Meme Index website. Connect your wallet and purchase MEMEX using USDT, ETH, BNB, or a bank card. Once exchange listings go live, demand could drive the price higher.
4. Trust Wallet Token (TWT)
Trust Wallet Token (TWT) has experienced a mix of gains and losses in recent weeks. The token’s price climbed by 1.08% in the past 24 hours, bringing its value to $0.8865. Over the past week, it recorded a 3.30% increase, but a broader view shows an 11.28% decline over the past month. This fluctuation highlights the token’s volatility, but despite these swings, TWT has maintained strong liquidity, supported by its solid market capitalization.
A closer look at its price action reveals that TWT had 16 “green days” in the last month, meaning it closed higher than it opened on 53% of those days. This suggests steady investor interest even amid unpredictable market movements.
As of March 18, 2025, overall market sentiment for TWT remains neutral. However, some indicators hint at a potential bullish trend. The Fear & Greed Index, which tracks investor emotions, currently sits at 34, signaling a cautious market with room for future growth.
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— Trust Wallet (@TrustWallet) March 17, 2025
Analysts believe that TWT could gain as much as 31.5% in the coming weeks, reaching $1.42 by late March or early April. While short-term price swings between $0.98 and $1.06 are expected, long-term predictions remain optimistic.
If the broader market continues on an upward path and new partnerships or developments emerge, TWT could surpass the $1.50 mark. Some forecasts even suggest that the token’s average price could reach $2 by the end of Q1, making it a noteworthy asset to watch.
5. Arbitrum (ARB)
Arbitrum is making waves with its latest development, the Onchain Labs initiative. Launched by Offchain Labs, this program is designed to strengthen the Arbitrum ecosystem by supporting new applications with the resources they need. In collaboration with the Arbitrum Foundation, this initiative aims to expand the application layer, providing developers with product and marketing support to fuel ecosystem growth.
Although current price indicators for Arbitrum remain neutral, there is potential for upward movement. Analysts predict that if the market turns bullish, ARB could reach $1.41 by the end of 2025, positioning it as one of the altcoins with strong growth potential.
Currently, ARB is trading at $0.3615, marking a 9.02% increase over the past week. This growth aligns with a broader rise in global cryptocurrency market capitalization. However, in the last 24 hours, Arbitrum’s trading activity has slowed, leading to an 8.14% drop in its trading volume. At present, its trading volume stands at $140.3 million.
Introducing Onchain Labs, in partnership with @arbitrum.
While we continue to innovate scaling infra, today we also look to empower the Arbitrum app layer. 👇 pic.twitter.com/acIr4Ii9wD
— Offchain Labs (@OffchainLabs) March 17, 2025
Despite this short-term decline in activity, ARB has managed to surpass a key resistance level of $0.330. It is now trading above its 20-day Exponential Moving Average (EMA) and 50-day Simple Moving Average (SMA), both of which serve as positive indicators for future price trends.
Breaking above these crucial moving averages suggests that ARB is gaining momentum, which could encourage further upward movement. If this trend continues, Arbitrum may attract more traders and investors, solidifying its place as a key player in the growing Layer-2 sector.
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