Next Cryptocurrency to Explode, 29 May — Toncoin, Internet Computer, Mask Network

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ICP
ICP

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Earning a significant return on investment (ROI) in a bull market usually involves paying attention to meme coins and Altcoins with explosive potential. However, identifying cryptocurrencies with explosive potential may require effort, as most funds are drawn to inflated assets.

Today’s article examines the performance of cryptocurrencies that have appeared on the gainers’ list over 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. Toncoin (TON)

Toncoin (TON) recently experienced a major price surge, rising more than 20% early yesterday and continuing with another 8.13% increase today. Its 24-hour trading volume also jumped by 483.17%, showing strong market interest. A big reason behind this excitement is Telegram’s recent $1.5 billion bond offering. This bond offers a 9% return and a 20% discount for investors who invest before Telegram’s expected initial public offering (IPO). The move has caught the attention of large investors, including BlackRock, Mubadala, and Citadel.

TON Price Chart

The money raised will help Telegram pay off its older bonds, set to mature in 2026. According to The Wall Street Journal, this fundraising signals that Telegram may be getting closer to going public, which has made investors more confident about its future and, by extension, the future of Toncoin, the token connected to its ecosystem.

Adding to Toncoin’s strong momentum, the TON Foundation recently welcomed Nikola Plecas as its new Vice President of Payments. Plecas previously led Visa’s crypto efforts across Europe and brings a deep understanding of the payments and crypto landscape.

His latest role involves building stronger partnerships for TON and enhancing the user experience for transitioning between fiat and crypto within Telegram and TON-based apps. His experience is a big asset as TON navigates the increasingly complex regulatory environment.

With a new leader guiding its payment structure and growing attention from investors, TON is gaining traction quickly. This blend of tech innovation and real-world partnerships positions Toncoin as a strong contender for the next cryptocurrency to explode.

2. Internet Computer (ICP)

Internet Computer (ICP) has been gaining ground slowly but steadily. It saw a 2.72% price rise in the past day, reaching $5.42. Over the past month, it has grown by 6.46%, attracting the interest of traders watching for breakout potential.

One reason for this steady climb is ICP’s strong support above the $5.8 level. This helped the token break out of a falling wedge pattern, a technical indicator that often signals a bullish reversal. If it can push past the $6 resistance mark, some experts believe ICP could reach new targets of $8.75, $10.50, or even $13.75.

ICP Price Chart

Excitement is also growing due to ICP’s deeper integration with Bitcoin. Developers can now use Bitcoin’s strong security while building apps on ICP, making the network more appealing for both users and investors.

Earlier this year, the DFINITY Foundation, the group behind Internet Computer, released its 2024 Ecosystem Report. The report highlighted big wins in blockchain compatibility, especially a feature called Chain Fusion, which lets different blockchains work together smoothly.

Recently, a new tech team began exploring a collaboration between ICP and Hedera. Their goal is to combine Hedera’s speed and security with ICP’s powerful tools. Together, they hope to address key issues facing blockchain, Web3, and AI development, possibly unlocking new solutions that could reshape the tech landscape.

3. Best Wallet Token (BEST)

Best Wallet Token ($BEST) is the driving force behind a sleek, non-custodial wallet that supports thousands of digital assets across 50+ blockchains, including Bitcoin and Ethereum. Its user-friendly app makes it simple to buy, sell, swap, and store crypto in one secure place.

The platform is growing fast, and user numbers are up 50% month-over-month. By 2026, Best Wallet aims to claim a significant 40% share of the $11 billion non-custodial wallet market. A key highlight is the Best Card, which enables users to spend their cryptocurrency seamlessly at any Mastercard-accepting store. Staking $BEST tokens unlocks extra rewards and lower transaction fees, giving users more bang for their buck.

Holders also gain early access to curated token presales, an advantage for those looking to invest in high-potential crypto projects before they go public. On the trading side, Best DEX aggregates pricing from more than 50 decentralized exchanges, offering competitive rates and robust liquidity.

The ecosystem also features cross-chain swaps, high-yield staking, and real-world cashback rewards through the Best Card, making it an all-in-one toolkit for both beginners and experienced crypto users.

So far, the presale has raised over $12.69 million, with tokens priced at $0.025075 per unit. The funding is being used to enhance wallet features, expand the decentralized exchange (DEX), and introduce new card capabilities, further solidifying Best Wallet’s position in DeFi.

Backed by coverage in top-tier crypto outlets like Cointelegraph, Techopedia, and Cryptonews, Best Wallet continues to build strong momentum and community trust as it scales toward mass adoption.

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4. Ethereum Name Service (ENS)

Ethereum Name Service (ENS) has continued to show strength in the market. Its price recently climbed to $24.82 after gaining 8.20% in one day and a solid 33.97% over the past month. Its market cap now sits at $902.94 million, and it has outperformed many of the top 100 cryptocurrencies, including even Bitcoin and Ethereum in some cases.

ENS provides a simple yet powerful solution, turning long wallet addresses into short, readable names. Over the last year, this project has outperformed more than half of the top 100 tokens. It’s also seeing strong trading activity, with 63% of sessions ending in profit.

ENS Price Chart

Even though it’s still under its 200-day moving average, momentum is building. One of the biggest reasons for optimism is the team’s work on a new update called “Namechain.” This Layer 2 upgrade, scheduled for late 2025, will transition ENS to a faster and more cost-effective network. It should make the service more user-friendly and help bring in more people.

While the token faces some price resistance at key levels, its ongoing development and loyal user base make it a strong candidate for long-term growth. Anyone looking for stable yet high-potential crypto options should keep an eye on ENS.

5. Mask Network (MASK)

Mask Network (MASK) has been on a strong upward trend lately. In the past month alone, its price rose by a massive 90.63%. Even in just the past week, MASK gained another 19%. These increases have also lifted the token’s market cap and daily trading volume, hinting at solid short-term potential.

Market analysts are growing more confident in the token. Some predict that MASK could reach $ 5.95 by the third quarter of 2025. Even under less favorable market conditions, it’s expected to stay above $2.579, showing its ability to handle volatility.

MASK Price Chart

A key factor in its success is strategic growth. In September 2024, Mask Network acquired Nametag, a decentralized identity service. This deal helped boost Next.ID, Mask’s own identity platform, gives users more control over their online identities.

What sets Mask apart is its ability to bring Web3 features to popular Web2 platforms, such as Twitter and Facebook. Users can send encrypted messages, make payments, store files, and use blockchain tools directly through their usual social media accounts.

Recently, Mask Network partnered with DWF Labs, a major player in blockchain innovation. This partnership focuses on building a stronger decentralized social layer, which is key to the future of Web3. With these developments, MASK is gaining ground as a strong contender for the next cryptocurrency to explode.

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