Next Crypto to Explode in 2024 – The Next Big Crypto to Buy

The crypto market is known for its unpredictability, with certain coins skyrocketing in value while others plummet just as quickly. While it’s challenging to predict with certainty which will be the next crypto to explode, our team of crypto experts and enthusiasts has taken a deep dive into the market to offer educated guesses for 2024.

On top of that, we’ve also looked at the factors that typically trigger a crypto price surge, helping you better understand the crypto market’s mechanics.

  • Exciting multi-chain meme coin expected to explode during 'DOGE day' in April, also offers staking rewards.
  • Dogeverse offers seamless interoperability with Wormhole and Portal Bridge offering secure navigation between chains
  • Investors can choose their preferred chains that offer lower fees and instant processing times, boosting the trading process.
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Matic
    Matic
  • +1 more
  • Recent Solana meme coin with potential to go viral amid SOL animal token craze
  • Rumored to be from the same team behind SLERF which exploded earlier this year
  • Similar to Slothana which recently raised $15m and has since seen a strong launch
Project Launched
May 2024
Purchase Methods
  • SOL
    SOL
  • Groundbreaking ERC20 token combining two trending niches: Meme and AI
  • Buy and stake $WAI tokens for daily passive rewards up to 1949% p/a
  • Presale has already raised over $350k so far highlighting its 100x potential
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Matic
    Matic
  • +1 more
  • An exclusive Solana GameFi token hits $300k mark within hours of launch
  • Harnessing the lightning-fast speeds and cost-effective features of the SOL blockchain $DICE offers a unique gambling experience
  • Offers massive airdrops for casino players in excess of $2.25M, as well as NFTs, early-bird bonuses and a referral program
Project Launched
April 2024
Purchase Methods
  • SOL
    SOL
  • ETH
    ETH
  • BNB
    BNB
  • Revolutionary Learn-to-Earn crypto project offering $99BTC rewards when users complete quizzes, learning modules and much more.
  • $99BTC token holders gain exclusive access to advanced trading courses, trading webinars, and VIP community groups.
  • Offers massive staking rewards currently above 120,000% as well as multichain functionality via Ethereum and BSC.
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • BNB
    BNB
  • +1 more
  • One-of-a-Kind Immersive VR Gaming Project
  • 12-Round Presale Looking to Raise $15M
  • 5SCAPE Holders Get Exclusive In-Game Advantages
Project Launched
January 2024
Purchase Methods
  • ETH
    ETH
  • Matic
    Matic
  • BNB
    BNB
  • USDT
    USDT
  • Debit
    Debit
  • +2 more
  • Hot meme coin project with play to earn utility and staking
  • Price has pumped 10x in last month, rumored to be listing on Binance
  • Over 12k holders and growing
Project Launched
December 2023
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • Next big Solana meme coin, emulating 100x success of Pepe, Bonk, Myro and Dogwifhat.
  • 35% of the total supply is set aside for airdrops distributed on Solana.
  • Earn airdrop points through Smog social interactions, quests, and on-chain activity.
Project Launched
February 2024
Purchase Methods
  • SOL
    SOL
  • USDT
    USDT
  • BONK
    BONK
  • ETH
    ETH
  • +1 more
  • Over $500k Raised and 300% Staking APY on Offer
  • AI-Driven, Sustainable Transport Solution Designed to Revolutionize Transportation in Developing Nations
  • Exciting eTukTuk Play-to-Earn Game In the Making
Project Launched
June 2023
Purchase Methods
  • BNB
    BNB
  • Debit
    Debit
  • ETH
    ETH
  • USDT
    USDT
  • +1 more
  • An AI-driven ERC20 token with rewarding presale staking opportunities
  • Buy and stake $KAI tokens to earn up to 30,643% APY rewards
  • Within hours of launching, the $KAI presale has raised over $175k
Project Launched
May 2024
Purchase Methods
  • BNB
    BNB
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit
  • +1 more
  • World's first crypto project that facilitates buying, selling, and trading of luxury cars
  • Invest in luxury vehicles with fractional investments starting from just $10
  • $DCARS holders can earn daily rewards from rentals. Dreamcars presale has already raised over $250k
Project Launched
May 2024
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • A high-stakes battle project where the Wild West meets crypto
  • $SHIBASHOOT holders can buy and stake their tokens for passive rewards
  • Offers a Posse Rewards referral program where players can earn bonus tokens
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • Exciting recent project building gaming ecosystem token
  • Holders can earn tokens via active participation
  • Deflationary token with proportion of transaction text going towards DAO
Project Launched
November 2023
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Debit
    Debit

Which Crypto Will Explode in 2024?

Here’s our list of cryptos that will explode in 2024:

  1. Dogeverse (DOGEVERSE) A multi-chain Doge token expected to boom in 2024.
  2. Sealana ($SEAL) – Meme token with an engaging story and a fixed presale price.
  3. WienerAI (WAI) – A prime meme coin contender for explosive growth in 2024.
  4. Mega Dice (DICE) – A popular crypto casino offers daily rewards to token holders.
  5. 99Bitcoins (99BTC) – An innovative learn-to-earn project with over 50,000% staking APY.
  6. 5th Scape (5SCAPE)A VR platform offering unique gaming experiences.
  7. Sponge V2 (SPONGEV2) – Updated token version of a popular meme coin, 100x in 2023.
  8. Smog (SMOG)An explosive meme coin offers staking yields and airdrop rewards.
  9. eTukTuk (TUK)A green crypto to explode with 94% staking yields.
  10. KAI (KAI) – Exciting cat-themed meme coin, get 6,812% staking rewards.
  11. Shiba Shootout (SHIBASHOOT) – Western-themed meme coin to explode in 2024.
  12. Mollars (MOLLARS)Decentralized crypto offers multiple DeFi experiences.
  13. Hypeloot (HPLT) First AI-powered crypto casino offers revenue share.
  14. Memereum (MEME) The latest crypto insurance on the blockchain, with over 5M sold.
  15. Solana (SOL) – An open-source blockchain platform that processes 65,000 TPS
  16. Myro (MYRO) – Solana Memecoin, Over 11k% Growth Since Launching.

The Next Cryptos to Explode in 2024 – A Thorough Review of 15+ Coins

Since more coins are emerging in the market, finding the next cryptocurrencies to explode is not easy. To make this search a little bit easier, we’ll dive into each of our top contenders and discuss what makes them stand out above the rest.

1. Dogeverse – A Multi-Chain Doge Token Expected to Boom in 2024

Next crypto to explode Dogeverse

Dogeverse ($DOGEVERSE) is a multi-chain doge-based token. With the ability to “hop” between different networks, eager investors can purchase $DOGEVERSE on six major blockchains, from Ethereum, BNB Chain, and Polygon to Solana, Avalanche, and Base.

Why is Dogeverse the next crypto to explode?

This is the next crypto to explode because it rides on the dog-themed meme coin hype. Apart from that, it operates on an advanced bridge technology, allowing investors to purchase the token on different blockchains while still on presale. This makes it accessible to a vast audience and makes the entire process easier, smoother, and cheaper since you can purchase it from a chain with lower fees.

We’ve already seen the massive support for this token, as it has raised over $250k mere minutes after the launch. Not only that, but the two initial phases of the presale sold out in two days, rather than the four days the creators set, raising over 1$ million at the same time. Today, two weeks after its launch Doveverse has raised a staggering $7.4 million.

This just exemplifies the hype before the official “Doge Day” on April 20th. As this token has just launched, it currently offers massive staking rewards of over 600,000%, showing amazing potential for the earliest buyers.

2. Sealana ($SEAL) – Meme Token With An Engaging Story And A Fixed Presale Price

Sealana presale homepageAnother crypto that could explode next is Sealana ($SEAL). It brings together a funny story and a chance to invest in a hot meme token on Solana. It has a theme inspired by American patriotism and is inspired by a character from the TV show South Park.

It aims to create an engaging storyline that people can relate to and find engaging. This is especially true for people who are familiar with meme culture and online communities.

Why is Sealana the next crypto to explode?

Even though Solana’s price has decreased lately, many meme tokens on Solana, like Dogwifhat, are massively growing.

Sealana is next in line with its new ‘send to wallet’ presale approach, which makes the process simpler for investors. This method makes it easy for people to buy tokens and motivates them to participate right away. Also, early buyers can get 6,900 $SEAL for just 1 SOL at press time.

A similar ‘send to wallet’ presale approach worked wonders for Slothana, another Solana-based meme token that raised over $15 million in just 4 weeks of launch.

Sealana aims to leverage the excitement around meme coins, which is expected to increase after the recent Bitcoin halving.

3. WienerAI – Prime Meme Coin Contender for Explosive Growth in 2024

Next crypto to explode Wiener AI

When speculating on the cryptocurrencies most likely to experience an explosive price surge in 2024, WienerAI (WAI) stands out as one of the top contenders worth closer examination.

WAI takes an unconventional approach by blending the comedic quirks of memes with the high-tech perks of AI. 

Why is WienerAI the next crypto to explode?

WienerAI is far more than just a gimmicky theme riding hype cycles. It has detailed technical roadmaps outlining ambitious plans to legitimately integrate powerful artificial intelligence capabilities that could provide immense utility and revolutionize use cases for the WAI token.

First, the project offers significant value through its lucrative staking rewards, currently over 700% APY for early investors. This mechanism has generated an actively engaged community. 

Secondly, the project has introduced an AI trading bot, transcending from being just a meme coin to an asset with tangible benefits.

Both of these long-term and short-term attributes are fueling WienerAI’s current presale. Over $1.3 million has already been raised, and the community is anticipating this token to arrive on multiple exchanges. If the current momentum persists, it will likely explode upon listing.

4. Mega Dice – Crypto Casino Offers Daily Rewards to Token Holders

Next crypto to explode Mega Dice

Mega Dice ($DICE) is a popular crypto casino that uses the Solana blockchain for fast and cheap transactions. It already boasts over $50 million in monthly wagering volume and more than 50,000 active users. The casino is now offering its tokens in a presale to build a robust reward system for token holders and active Mega Dice users.

Why is Mega Dice the next crypto to explode?

Mega Dice might become the next big cryptocurrency due to the many rewards it offers its investors. Actually, token holders who stake their $DICE will get a share of the casino’s profits. Also, there’s a chance to earn a rare NFT that offers unique rewards and benefits to its holders. Refer friends and get 10% of their invested amount without limits.

Active Mega Dice users who wager $5,000 within a 21-day period become eligible to earn a portion of the $2.2 million airdrop.

Apart from receiving rewards and bonuses, $DICE tokens can also be used to receive promotions such as cashback and loot boxes. Additionally, they can also be traded for other cryptocurrencies or fiat money. $DICE also supports crypto futures trading, providing a chance for both experienced and new traders to speculate on and trade the future prices of various cryptos.

 

5. 99Bitcoins – Learn-to-Earn Platform Offers 50,000% Staking APY During a Presale

Next crypto to explode 99Bitcoins

99Bitcoins ($99BTC) is the most recent presale from the creators of the popular crypto blog with the same name. For now, $99BTC is on the Ethereum blockchain, but later this year, the team plans to move it to the Bitcoin blockchain on the BRC-20 token standard.

Why is 99Bitcoins the next crypto to explode?

There are many reasons 99Bitcoins could explode in 2024, including a generous staking APY of over 50,000% during the presale’s early stages and an airdrop of $99,999 worth of BTC tokens to early supporters.

However, maybe the biggest reason for this coin’s anticipated success is its learn-to-earn ecosystem, which rewards crypto enthusiasts with $99BTC tokens for simply learning about crypto. All early token holders will also get the chance to enjoy access to premium training course, webinars, crypto signals and strategies, as well as access to VIP community groups.

The 99Bitcoins Token could also boom due to the current Bitcoin bull run. The spot Bitcoin ETF being approved by the SEC, BTC trading at all-time highs, and the Bitcoin halving are likely to propel the crypto space to new highs in 2024, and $99BTC could benefit.

6. 5th Scape – A VR Platform Offering Unique Gaming Experiences

Next crypto to explode 5th scape

5th Scape is the next big crypto in the virtual reality (VR) gaming sphere. Based in Dubai, this platform is revolutionizing the online VR gaming experience by linking it with blockchain. 

Why is 5th Scape the next crypto to explode?

There is a lot of potential in 5th Scape due to the fact that it’s the first and only AR, VR, and AI ecosystem in this space. Not only that, but it also rewards its investors generously by giving them rewards, discounts, and exclusive content.

It is more than a gaming platform; it is an ecosystem that houses VR games, educational content, movies, animations, and much more. It plans to launch some top VR games, including the much-anticipated MMA-themed game Cage Conquest, scheduled for release in Q2 2024.

The 5SCAPE coin is central to this ecosystem, offering lifetime access to the gaming platform. This token is currently in the fourth stage of its presale and is worth $0.00327. The presale aims to raise $15 million, and the token price is projected to see a significant boom, potentially up to 400%, during this phase. As of April 2024, this cryptocurrency has raised over $5.2 million, cementing its spot on our list.

7. Sponge V2 – Upgraded Token Version of a Popular Meme Coin, Providing  100x APY in 2023

Next crypto to explode SpongeV2

Sponge V2 is the second generation of the $SPONGE meme coin, which exploded 100x after launching in 2023. At its peak, $SPONGE carried more than a $100 million market cap.

Why is SpongeV2 the next crypto to explode?

The simple answer is that since its predecessor did, SpongeV2 might too. However, that is not the only reason, of course. The V2 token signals new developments within the Sponge community. The project aims to achieve listings on Tier-1 exchanges Binance and OKX, which could attract new audiences to Sponge and send the price of $SPONGEV2 booming.

In addition, the project team is working on a play-to-earn racing game that will enable players to earn additional $SPONGEV2 tokens. The game will drop this year and is expected to further boost demand for Sponge V2. However, there will also be a free version of the game, which anyone interested can enjoy. 

The project’s ultimate goal is to return to a $100 million market cap and stay above that level permanently. That would put $SPONGEV2 in the ranks of massive meme coins like Dogecoin, Shiba Inu, and Pepe.

8. Smog – An Explosive Meme Coin Offering Staking Yields And Airdrop Rewards

Next crypto to explode smog

Smog ($SMOG) is a hot meme coin that aims to take over Solana with a generous airdrop of 490 million tokens to those who earn airdrop points.

Why is Smog the next crypto to explode?

We’ve chosen $SMOG as one of the next cryptos to explode for several reasons. One is the “Greatest Sol Airdrop of All Time,” which takes 35% of the total supply. This airdrop, together with the 50% of the token supply allocated for marketing, aims to help Smog outperform Bonk. 

Since launching Smog has seen amazing success, reaching $0.3 in March, and a market cap of over $150 million. As of April, the price has settled down, although the upcoming Bitcoin halving is bound to stir things up in the crypto world, and we might see certain coin exploding again.

To buy the token, open a Solana wallet, such as Phantom, Backpack, or Solflare, and connect it to Jupiter. This is the largest and most reputable aggregator on Solana. Once you buy the tokens, hold them in your wallet — or stake them for 42% APY — and participate in the Zealy campaign by completing quests to earn airdrop points. Finally, when the time comes, reap the benefits.

9. eTukTuk – A Green Crypto to Boom with High Staking Yields

Next crypto to explode eTukTuk

The next big cryptocurrency on our list is eTukTuk ($TUK). This sustainable crypto project promotes the adoption of electric vehicles (EVs) in developing countries to battle climate change.

Why is eTukTuk the next crypto to explode?

Since we are all aware of the major attention put on green energy, it’s no surprise for a sustainable cryptocurrency to boom. eTukTuk plans to set up electric vehicle equipment (EVSEs) and build zero-emission vehicles.

$TUK will be used as a payment method within these charging stations. Token holders can earn passive income by staking $TUK to power the charging stations. At the time of writing, eTukTuk is offering 282% annual yields.

Overall, this entire process is expected to help TukTuk drivers save up to 400% of their income. Interested investors can buy $TUK for just $0.03 through the ongoing presale. At this moment, the project has raised over $3 million, showing its popularity.

eTukTuk has also just introduced a play2earn ‘Crazy Taxi’ style game. In the game you are driving an eTukTuk on the streets of Sri Lanka. The faster you drive, the more you’ll earn. The game is currently available on the Google Play store, although it will soon be on the Apple Store as well.

10. KAI – Cat-Themed Meme Coin Offers 6,812% Staking Rewards

KAI presale widgetKAI ($KAI) is a new cat-themed meme cryptocurrency that can potentially explode. $KAI token holders can stake their holdings to generate a high passive income. 

Why is KAI the next crypto to explode?

KAI has the potential to explode as it offers huge staking and community rewards. At press time, $KAI is priced at just $0.0041836 per token during the ongoing presale. Interested investors can purchase tokens, and simultaneously stake $KAI on the smart contract. 

Currently, KAI offers an annual yield of 6,812% for staking tokens. Over 22 million tokens have already been staked on the platform. From a total supply of 10,000,010,404 tokens, 20% are being allocated for the presale. 

Another 15% of the supply will be offered as staking rewards. Furthermore, KAI will allocate a quarter of its token supply through community rewards. Within a couple of weeks, since the presale launched, KAI has raised more than $260K. As the presale continues to sell out, the token could be in high demand after it lists on crypto exchanges. 

 Learn more about this cryptocurrency by reading the KAI whitepaper and joining the Telegram channel

11. Shiba Shootout – Western-themed meme coin to explode in 2024

Next crypto to explode ShibaShootout

Shiba Shootout ($SHIBASHOOT) has recently captured attention, presenting itself as a crypto Wild West adventure.Promising creativity, strategy, and the allure of cowboy duels, it seeks to transcend traditional cryptocurrency boundaries.

Why is Shiba Shootout the next crypto to explode?

Shiba Shootout distinguishes itself through high-stakes battles, offering both adrenaline rushes and lucrative opportunities. Its uniqueness lies in embodying the spirit of the Wild West, unlike conventional meme coins. With a clear roadmap and engaging community events, the project emphasizes utility and charm for sustained success.

Central to Shiba Shootout is the legendary Marshal Shiba, leading the digital frontier with wit and charm. Supported by skilled Sharpshooters and situated in the bustling Shiba Gulch, the project creates an immersive experience, blending crypto with cowboy lore.

Features like Posse Rewards, Campfire Stories, and Token Governance Roundups enhance community engagement, while Lucky Lasso Lotteries and Cactus Staking offer opportunities for rewards and participation.

The roadmap outlines ambitious goals, aiming to position Shiba Shootout among the top meme coins by the latter half of 2024. The presale is open, facilitating easy entry for investors through cryptocurrency exchange.

However, readers are urged to conduct thorough research and invest at their own risk, as the column is a paid release. Shiba Shootout represents a novel approach in the crypto market, combining entertainment with investment potential, which primes it to achieve explosive growth this year.

12. Mollars – Decentralized Crypto Offering Multiple DeFi Experiences

Next crypto to explode Mollars

Mollars is an innovative DeFi token at the intersection of digital currency, gaming, and web3 applications. It operates on a philosophy of independence, wealth creation, and community progress.

Why is Mollars the next crypto to explode?

Mollars might be the next crypto coin to boom, since it gives members and holders the ability to play a critical role in the ecosystem. Their input, choices and engagement will significantly influence the direction of the project, pushing Mollars forward towards reaching new heights.

Sustainability and user empowerment are other central pillars of this presale project. After the launch, the founders plan to step back, suggesting a shift towards a governance model driven by the community and managed by professionals. Therefore, it aims to create a decentralized, community-centric decision-making process that contrasts conventional financial systems.

The platform also plans to integrate gaming and potential web3 products to improve MOLLAR’s practical utility while creating active participation and growth. A transaction tax of 3% reinvested into the ecosystem, and a 1% burn rate on transactions support the project’s vision of sustainable growth and value increase. As of now, you can purchase the token at a discounted price, which will increase to $0.6 by round 6.

13. Hypeloot – The First AI-Powered Crypto Casino Offering Revenue Share

Next crypto to explode hypeloot

Hypeloot is an AI-powered crypto casino that already has over 170,000 users and earned more than $1 million in revenue in 2023. Now, it offers its native token, HPLT, in a token presale that will give holders a share of the daily profit.

Why is Hypeloot the next crypto to explode?

As we’ve already mentioned, one of the primary reasons why this is the next coin to explode is the high revenue generated a year before. However, it also comes with revolutionary games, rewards, and an amazing user experience.

If that’s not enough, holding $HPLT will get you a share of the profits made in the casino, as well as an array of NFTs that can be bought, traded, or sold. Hypeloot also supports different staking pools, making the token more accessible, and allowing staking pool contributors to earn big rewards.

Hypeloot also offers mistery boxes, which include things from Fashion to electronic products. This is a very popular feature since many of the most popular mistery boxes are opened several thousand times a day.

To buy the token, connect your Ethereum wallet to the presale site. You can use ETH, USDC, USDT, or BNB to purchase it, and since it’s on presale, you’ll get it at a much lower price. At the time of writing, the price of $HPLT is $0.105, while the expected listing price is $0.2.

14. Memereum – Novel Crypto Insurance on the Blockchain, with Over 9M Raised

Next crypto to explode Memereum

Memereum is an innovative project that aims to build multiple use cases for its users. The token is currently on presale for $0.0315, and over eleven million tokens have already been sold.

Why is Memereum the next crypto to explode?

Memereum offers multiple utility features – insurance, lending, staking, and DeFi card. When it comes to insurance, Memereum covers a wide range of valuable assets, including crypto and fiat currencies. Additional project utility will include a Memereum Visa Debit Card that you can activate with just $100.

Memereum  is also positioning itself as one of the top crypto-based lending platforms around, supporting loans of up to 75% of the entire assets in its ecosystem. To further enhance its appeal, Memereum plans to launch MemeSwap, which is going to be its own exchange. This exchange will provide 24-hour insurance for select coins. The entire Memereum project is audited by BlockSafu, ensuring the security of your investments.

The only way you can purchase the MEME token is through the ongoing presale. Investors who buy $250 or more worth of MEME tokens during the presale will get a free limited edition NFT. Moreover, tokens are staked right away, and you can earn a 183% APR.

Above all, Memereum’s ongoing presale presents the best chance for investors to savor massive gains. At press time, the token is available for as low as $0.0315. With $0.45 as its expected listing price, buying Memereum right now will enable investors to savor early bird gains of over 1300% when the token official lands on exchanges.

15. Solana – Open Source Blockchain Project That Processes 65,000 TPS

Next crypto to explode Solana

Solana has been one of the cryptos with the most potential, rising by as much as 700% in value since last year. At its core, it is an open-source network that uses blockchain technology to provide a variety of financial solutions.

Why is Solana the next crypto to explode?

SOL is expected to become the next big crypto coin, since it has gain momentum and became the fifth-largest cryptocurrency in the world, following recent gains. After launching in March 2020, the blockchain has recorded over 250 billion transactions, which averaged $0.00025 per transaction. 

Solana has also ventured into mainstream finance, partnering with Visa and integrating with Metamask, making it more accessible and user-friendly.

Since launching at a price of $0.5052, SOL has seen impressive growth in recent years. On November 6th, 2021, it surged to an all-time high of $260 while dropping to $8 during the last bear market. However, the price has risen since and is now trading at around $130. As one of the few energy-efficient blockchains, many expect this crypto to explode in the coming years as the world continues to adopt greener climate initiatives.

16. Myro – Solana Memecoin, Over 11k% Growth Since Launching

Next crypto to explode Myro

Myro is a memecoin based on the Solana network and named after the dog of one of the co-founders of Solana, Raj Gokal. Myro aims to be seen as more than a traditional memecoin by offering some utility, giving consumers and institutions the ability to participate in the crypto market in an entertaining way.

Why is Myro the next crypto to explode?

Myro might be the next crypto to boom, since we’ve already witnessed a similar situation with this coin. Since launching at a price of $0.001995 in November 2023, Myro has reached $0.4 on March 14, 2024, bringing its market capitalization to $275,298,755. As of April 2024, Myro’s value has decreased to $0.15.

This has come ahead of the release of its staking utility, where holders will be able to stake tokens and earn further rewards. The project also plans to launch further utilities, which it hopes will contribute to Solana’s long-term growth.

Myro is also not your regular meme coin, but offers several utilities, from a buy bot, to a social-fi mobile app.

What Causes Cryptocurrencies To Explode?

The cryptocurrency market is known for its volatility, where prices can skyrocket or plummet in a matter of hours. Predicting the next crypto to explode can be challenging, but there are certain factors influencing such explosive growth. Let’s take a look at what they are:

  • Adoption and utility 

One of the biggest drivers of a cryptocurrency’s price explosion is its adoption. As more people begin to use a cryptocurrency for its intended purpose, its value can increase significantly. Usually, when it comes to adoption, it’s large corporations that drive the price increases. Adoption from regular users (in terms of wallet transactions) does not have a strong short-term price correlation. But it’s very important to look at user adoption in terms of a long-term price increase. For example, Bitcoin’s adoption by companies such as PayPal and Tesla greatly enhanced its value.

  • Hype and celebrity endorsements

Speculation and celebrity endorsement can also cause cryptocurrencies to explode. This is often seen in the case of newly launched coins, where investors may buy in based on hype and speculation of future potential, driving prices up rapidly. An example of this can be Elon Musk tweeting about Bitcoin and Dogecoin, which influenced their prices significantly. 

  • Tokenomics

The token distribution model, or tokenomics, is a crucial aspect of a cryptocurrency’s value. Deflationary ecosystems, where the supply of tokens decreases over time, can lead to price increases. Bitcoin, for example, has a maximum supply of 21 million coins, leading to scarcity and increased demand.

  • Macroeconomic events

Global economic events are also intimately connected to cryptocurrency prices. For example, changes in Federal Reserve policies, or more specifically, the collapse of FTX in late 2020, can have a big effect on the crypto market. In the latter case, the price of Bitcoin fell to a two-year low.

  • Whale positioning

Large investors, or ‘whales‘ can significantly influence cryptocurrency prices. Their substantial trades can lead to noticeable market movements. Monitoring these whales’ activities can provide insights into potential price changes.

What to Consider When Looking For The Next Big Cryptocurrency?

There are several things you need to take into account when on the lookout for the next big crypto. Here are some of the most important ones:

  • Entry price

When it comes to identifying the next crypto to explode, considering the entry price is one of the most important things. Projects in their presale stage often offer tokens at lower prices, potentially leading to significant gains as the project progresses. For example, a token might have a presale price $0.5 but have a price of $2.5 by the final stage, a 400% increase. 

  • Social media channels

Social media channels are invaluable for identifying potential cryptocurrencies that might see a rise in the future. Channels like Twitter, Reddit, Telegram, and Discord are great tools for this since there are countless trending crypto topics. YouTube can also be very insightful. The Jacob Bury YouTube channel, for instance, is dedicated to finding the most profitable cryptos and unique trading opportunities in the cryptocurrency market.

  • Due diligence and KYC

Due diligence is crucial to avoid scams and significant investment losses. Projects should be audited by a third party, and founders should be publicly known as “doxxed.” However, it’s also good to keep in mind that Bitcoin once operated as a popular penny crypto with no information on the founder (Satoshi Nakamoto), no whitepaper to look at, and no KYC requirements.

  • Project Fundamentals

Project fundamentals include utility, tokenomics, the number of users, industry, roadmap, and other essential elements. A well-crafted whitepaper is key to understanding these aspects and assessing a project’s long-term viability in the market.

Conclusion

As history proves, investing in the next crypto to explode is going to bring you substantial profits and make you a millionaire. However, this is easier said than done because finding such coins is never easy. Even though the project might seem legitimate and promising, you’ll never know what could go wrong at any point.

That said, investing in the next big crypto requires a cautious approach throughout research, due diligence, and other steps we indicated in our guide above. Remember that it is always better to stick to less lucrative but more promising in terms of stability, utility, and large user base.

One such coin that we can back up is Dogeverse. This promising meme coin offers generous staking rewards of over 600,000% during the early presale stages and has a huge meme coin potential to repeat the success of other meme coins like Dogecoin and Shiba Inu.

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Michael Graw
Technology Expert
Michael Graw
Technology Expert

Michael Graw is an experienced writer in the business and B2B tech fields. His articles can be found on Business Insider, Entrepreneur, Tom’s Guide, and TechRadar, and cover everything from corporate finance to crypto and international tech regulation. A prolific copywriter and entrepreneur, Michael has worked with a wide range of SaaS and tech companies and has his finger firmly on the pulse of B2B tech and finance.