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The crypto market is dynamic, and capital typically rotates toward high-utility and uniquely positioned tokens. But even as volatility continues, investor interest is growing in select projects that combine strong fundamentals with community buzz and recent technical gains.
Several altcoins are showing breakout potential. From Oracle networks to gold-backed assets, meme tokens to blockchain data platforms, here are the top tokens that could be the next cryptocurrency to explode.
Next Cryptocurrency to Explode
Tellor is rising fast, with an 83% monthly gain and strong DeFi use, while Pax Gold offers steady growth backed by real gold. Bubblemaps just spiked in volume after expanding to BNB Chain, and Gigachad is gaining again with fresh meme momentum. Meanwhile, Snorter’s presale is live, drawing quick interest for its Solana-based trading bot and premium DeFi tools.
1. XRP (XRP)
XRP is showing signs of building momentum again as it pushes against some key resistance zones on the weekly chart. Technical indicators suggest that the asset could be ready for a breakout, with many analysts watching to see if it can climb above the $2.40 mark.
Recently, XRP saw a dip to around $2.20 following delays in the ongoing SEC lawsuit. Legal updates are expected by June 16, but many online traders are already hyping June 13 as a possible turning point, some even suggesting a favorable settlement might be on the horizon.
This speculation has led to some volatility, with XRP experiencing an 8.8% decline over the week. Key support is now seen at $2.15, while resistance sits nearby at $2.32. Traders are also eyeing the $1.95–$2.05 zone for buying opportunities, seeing the dip as a good entry in what they believe is a bullish long-term setup.
For XRP to break free from its downward wedge pattern, it must close above the $2.30 to $2.36 range. A clean breakout here could spark a rally toward $2.45 and even $2.65. Currently trading around $2.21, the next few days may prove crucial in determining its short-term direction.
What’s even more interesting is the growing institutional interest. Three companies from different sectors have recently committed to holding a combined $471 million worth of XRP in their corporate treasuries. Webus International alone has plans to allocate $300 million in XRP.
Meanwhile, Nasdaq-listed VivoPower secured $121 million to back its XRP reserves, funded in part by Saudi royalty Prince Abdulaziz bin Turki Al Saud. Lastly, U.S. pharmaceutical distributor Wellgistics intends to add $50 million worth of XRP to its treasury, aiming to use it for instant payments across its pharmacy network.
2. Internet Computer (ICP)
Internet Computer (ICP) is showing early signs of strength as it consolidates near a resistance zone around $5.35, which aligns closely with its 100-day simple moving average. Though the overall trend remains slightly bearish, the price action suggests buyers are slowly stepping in.
Candlestick patterns over the past few days show tight trading within a narrow range, a classic signal of accumulation. If ICP can close above $5.35 for two or three consecutive sessions, it could climb quickly toward the $6.50 mark. At today’s price, a $1,000 investment would get you nearly 197 ICP tokens. If prices rise to $6.50, that same investment could return about $1,279.53, a gain of almost 28%.
This type of setup appeals to investors seeking safer entry points in altcoins that haven’t pumped yet. As many tokens recover from long periods of sideways movement, ICP appears well-positioned for a potential breakout. Should Bitcoin stay above $70,000 in June, it might provide the ideal conditions for ICP to surge further.
While no crypto investment comes without risk, ICP’s technical indicators point toward solid short-term gains, and possibly longer-term upside if adoption grows. With low overhead resistance and a loyal developer base, it’s already being mentioned in lists of the next cryptocurrency to explode.
3. Snorter Token (SNORT)
Snorter Bot is shaking up the crypto trading scene with a powerful yet user-friendly Telegram-based bot that snipes, swaps, and copies trades faster than the competition. Designed to outmaneuver MEV bots and whales, Snorter boasts an impressive 85% success rate in detecting potential rug pulls.
Since its presale launch just over a week ago, Snorter Token ($SNORT) has already raised more than $581,000, with strong early backing from retail investors and crypto communities. The project recently caught the attention of the popular YouTube channel 99Bitcoins, which highlighted $SNORT as a token with serious 10x launch potential.
Moreover, early adopters can stake their tokens to earn an eye-popping 628% APY. However, this figure is expected to decrease as more participants join the pool. The staking rewards are derived from a 25 million token reserve, distributed over 12 months, providing steady passive income for committed holders.
Nothing smells better than fresh green candles. pic.twitter.com/oAFavZhXvt
— Snorter (@SnorterToken) June 6, 2025
Snorter also delivers real utility. The bot offers a significant edge over its Telegram bot competitors by slashing trading fees for $SNORT holders. Instead of paying the standard 1.5% execution fee, token holders enjoy reduced fees of just 0.85%, making it the cost-efficient choice for active traders.
The presale is currently live on the Snorter Token website, where investors can purchase tokens at $0.0945 each using SOL, ETH, USDT, or a bank card. With a price increase set to trigger in less than 24 hours, there’s a limited window to secure $SNORT at this discounted rate.
4. Pi (PI)
Pi Network caught the attention of crypto circles when it announced the launch of a $100 million venture fund on May 14. Named Pi Network Ventures, this fund is designed to fuel real-world adoption by supporting developers building on its blockchain. The focus spans several industries, including AI, fintech, e-commerce, social media, and general blockchain projects.
However, the market response to this announcement was mixed. After the news dropped, the price of Pi slipped, likely the result of a “buy the rumor, sell the news” cycle. The token had recently peaked at $3.00 in February but has since lost momentum, falling more than 10%. Although it’s seen minor bumps on daily and weekly charts, the overall trend has been downward in the short term.
Still, Pi’s long-term approach offers something different from the usual hype-driven projects. Instead of chasing quick gains, the team is laying the groundwork for long-term growth by investing in real builders and developers. In an ecosystem often driven by temporary pumps, this slower, more deliberate strategy might pay off.
Another big development was the transfer of 14 million Pi tokens from exchange wallets to users’ mainnet wallets. This move supports decentralization and could pave the way for future listings on exchanges. This event might significantly boost Pi’s price and visibility.
5. Axelar (AXL)
Axelar (AXL) has been turning heads this year with several big developments. Most notably, Canary Capital filed paperwork with the U.S. SEC to launch an ETF focused on AXL. This move signals growing confidence in traditional finance and could pave the way for even greater institutional involvement.
Axelar focuses on solving one of blockchain’s biggest pain points: interoperability. The platform enables different blockchains to communicate with each other, much like the internet allows websites to interact. This makes Axelar’s technology essential for building a truly connected Web3 world, and it’s why major investors are starting to take it seriously.
Another recent highlight is Axelar’s network upgrade to version 1.2.1, codenamed “Cobalt.” This update introduced a new tokenomics system, where AXL tokens used to pay gas fees are burned, thereby reducing the total supply of AXL tokens. By decreasing the circulating supply and increasing utility, this change makes the token more valuable over time.
What are startups building with Axelar? 🔧
Tune in the @multichainpod community podcast + find out.
Latest ep: @KIPprotocol, making payments easy for AI developers + expanding AI freedom worldwide 🌐 https://t.co/qVnH3LLHPR
— Axelar Network (@axelar) June 6, 2025
We believe AXL has a real shot at becoming the next cryptocurrency to explode due to its game-changing tech mission and increasing interest from major players. Price-wise, AXL has seen a 3.52% gain in the past 24 hours and a 3.14% increase over the last week, now sitting at $0.3264. Although trading volume is down 14.47% today, the 14-day RSI is neutral at 54.13. This suggests the token might trade sideways in the short term, but its long-term outlook remains promising.
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