Next Cryptocurrency to Explode in 2024 – Which Tokens Will Blow Up?

Crypto investors are always searching for tokens that could suddenly and dramatically explode in price and return potentially life-changing gains. 

While many crypto advocates are excited by the potential of blockchain technology to change the future of the world, many others are purely driven by the opportunity the asset class provides for huge profits.

Many coins have demonstrated how lucrative the crypto industry can be. DogeCoin (DOGE) went from $0.003 in December 2020 to $0.70 in May 2021 – a 20,000% increase. Chainlink (LINK), meanwhile, traded for less than $0.50 in early 2019 but by May 2021, it traded for $49 dollars – a 10,000% increase. 

Yet knowing which crypto to buy can be challenging. With the complexities in mind, this market insight speculates on the next cryptocurrency to explode in 2023, some upcoming projects to consider as well as an overview of why certain cryptos explode in price and what tools can be used to spot those projects early.

The Most Likely Crypto to Explode Next

Before we dive deeper, see a breakdown of the next cryptocurrencies to explode in 2024:

  1. Bitcoin ETF Token (BTCETF) – Boasting the potential to become the next big crypto to explode, Bitcoin ETF Token offers high staking yields and deflationary tokenomics. Currently, $BTCETF is priced at just $0.006 during the ongoing presale round. 
  2. Bitcoin Minetrix (BTCMTX) – The world’s first ERC20 stake-to-mine ecosystem provides a new mechanism to access Bitcoin mining, with only a $10 investment. Raised over 4.1M in a few months and further generates a 142% APY at the present time.
  3. Meme Kombat (MK) – Brand new ERC20 PoS presale provides a battle arena for displaced meme cryptos to engage in blockchain-powered combat with cutting-edge AI graphics. A new model in the meme coin industry that could prove to be an explosive one.
  4. TG.Casino (TGC) – Offering 217% APY, TG.Casino allows for KYC-free betting on major games with instant withdrawals and deposits. Presale raised $2.65M so far and is reinventing the casino industry with enhanced rewards and profit redistribution.
  5. Wall Street Memes (WSM) – Massive campaign with one million followers and a proven crypto track record. The presale raised over $25 million and the token is now live on OKX. It has also launched a new casino, with $WSM as the native coin. 
  6. eTukTuk (TUK) – This sustainable token can be used to make payments on EV charging stations, and earn passive income via staking. $TUK is priced at $0.02475 on presale.
  7. Chimpzee (CHMPZ) – Investors can earn income as well as help save wildlife and the environment with this brand-new presale, which features Shop-to-Earn, Trade-to-Earn and Play-to-Earn features. Closing in on $2.3 million raised for its presale. 
  8. Scorpion Casino (SCORP) – Crypto casino that allows users to earn rewards through its redistribution mechanism. Currently on presale where around $1.75M has been raised.
  9. LaunchPad XYZ (LPX) – All-in-one dashboard to stay up-to-date on the crypto market, trade tokens, and more. The $LPX presale has now raised more than $2 million.
  10. yPredict (YPRED) – A new trading tool driven by AI helping investors and traders to boost their ROI potential by providing accurate and insightful AI-based research and analysis. As an added bonus yPredict gives AI developers the chance to sell their predictive models. Over $4.8M raised via ongoing YPRED presale.
  11. Doge Uprising (DUP) – A meme presale that meets at the intersection of storytelling, digital art, crypto, and celebrities, with a saga revolving around Elon Musk and Mark Zuckerberg. Investors can join the revolution through a Doge Mecha NFT and avail of a 10% referral program.
  12. Polkadot (DOT) – An “internet of blockchains” that is one of the fastest in the space judged by total transaction speed. It also offers some of the highest staking rewards available, at 15%. 
  13. Gala (GALA) – P2E crypto game where players can earn NFTs and crypto during gameplay. Gala Games offers stake-based voting with a distinctive governance model.
  14. Loopring (LRC) – Open-source and incentivized crypto exchange protocol. Seeks to create the best-in-class zkRollup exchange and payment protocol on Ethereum.
  15. dYdX (DYDX) – Low-cost, decentralized, non-custodial crypto exchange. A revolutionary OTC marketplace that facilitates perpetual trading through the use of smart contracts.

This isn’t going to be enough information to decide which is the most promising cryptocurrency. As such, we analyze each project in full next to give investors the bigger picture of each emerging crypto coin.

An in-Depth Look at the Most Likely Next Cryptos to Explode

Investors looking for the next crypto to explode can check out an in-depth analysis of the projects we mentioned above.

We’ve included a wide range of different crypto projects for investors with varying interests and goals.

1. Bitcoin ETF Token (BTCETF) – New Deflationary Token Can Become the Next Crypto to Explode 

Bitcoin ETF Token ($BTCETF) is our top pick for the next cryptocurrency to explode. At the time of writing, $BTCETF is still available to buy during the first round of a ten-stage presale. Token holders can benefit from the high staking yields, and deflationary mechanism which will decrease 25% of the total supply. 

Bitcoin ETF Token’s token supply will decrease depending on the progress of the upcoming Bitcoin ETF (Exchange-Traded Fund). The platform has set 5 milestones – all linked to real-life Bitcoin and Bitcoin ETF events. The milestones include: 

Bitcoin ETF milestones

  • SEC approving the first Bitcoin ETF 
  • Release of the first Bitcoin ETF 
  • The Bitcoin ETF crossing $1 billion in assets under management
  • $BTC reaching the $100K mark 
  • $BTCETF reaching a trading volume of $100 million 

As each milestone is reached, Bitcoin ETF Token will burn 5% of its token supply. Thus, this will lead to scarcity of the token – potentially causing the price to hike as the demand increases. Furthermore, Bitcoin ETF Token’s staking smart contract promotes long-term holding due to the high annual yields being offered. 

Investors can stake and earn APYs as high as 200% on this ecosystem. From a supply of 2.1 billion tokens, 25% will be offered through staking rewards. Interested investors can buy this crypto for just $0.005 6through the ongoing presale round. 

By the tenth and final round, the price will increase to $0.0068. In total, 840 million tokens are being distributed for the presale. The goal is to raise nearly $5 million during the presale, and then list $BTCETF on crypto exchanges. 

Stay tuned for more updates by going through the Bitcoin ETF Token whitepaper and joining the Telegram channel

Hard Cap $4.956 Million
Total Tokens 2.1 Billion
Tokens available in presale 840 Million
Blockchain Ethereum Network
Token type ERC-20
Minimum Purchase N/A
Purchase with USDT, ETH, BNB, MATIC and Card

2. Bitcoin Minetrix – Explosive New ERC20 Crypto Provides World First Stake-To-Mine Model & High APYs

Bitcoin Minetrix ($BTCMTX) is a recently launched presale that offers a novel way to mine Bitcoin, over an eco-friendly Ethereum network. At the present time, yields are 142%. 

But aside from high yields, it is the primary utility of this token that could lead to an explosion in trade volume and price.

bitcoin minetrix dashboard

It provides a means of mining Bitcoin that is accessible to everybody, with a tiny $10 minimum investment and with a mining process that is as simple as clicking a button. 

This is the world’s first stake-to-mine ecosystem. It is a simple yet brilliant concept. $BTCMTX is an ERC20 token that is staked, and it generates Bitcoin cloud mining credits over time.

These credits are burned, and BTC is given in return. While there are a few other competitors in the space, none offer the same stake-to-mine model over an Ethereum network, and often have a minimum price entry of $100 or above.

Bitcoin Minetrix offers a unified and comprehensive dashboard to oversee all mining operations. Users can look at key metrics such as ‘Mining Credits Earned’ and ‘Mining Power Bought’.

They also have the option to burn, withdraw, or sake through the same interface. A mobile version will soon complement the desktop, allowing for 24/7 mining from a smartphone.  

This is not the case right now with Bitcoinn’s Proof-Of-Work mining ecosystem. It rewards a large upfront investment, is very loud, and is extremely damaging to the environment.

It is also very technically challenging. The investment for Bitcoin Minetrix is only $10, in comparison, and only requires a MetaMask wallet for initial presale investment.

bitcoin minetrix reason

The token is currently priced at $0.0117. But this will rise to $0.01480 by the final stage, so there is an advantage to early bird investment, aside from just benefiting from high yields.

BTC cloud mining has never been easier, which is why this new mining ecosystem could explode in 2023.

For further information, users can interact with the project socials (Twitter and Telegram), and explore the Whitepaper

Presale Started September 2023
Purchase Methods USDT, ETH, BNB
Chain Ethereum
Hard Cap $32 Million
Min Investment $10
Max Investment None

3. Meme Kombat – Multi-Meme Platform For Crypto Combat With Live Betting and APY Rewards

Meme Kombat ($MK) is an inventive new presale with explosive potential, for various reasons. This is not just another meme presale – it provides a unified platform where memes come to engage in battle, with spectators betting on the outcome. 

The world’s favorite memes – Doge, Floki, Baby Doge, Milady, Kishu, Mong, Pepe, Pepe 2, Shiba, Sponge, Wojack – are engaging in combat throughout season 1. More seasons will follow, with updates in relation to the combat style and the addition of new memes. 

This kind of offering could have enormous appeal to investors, as meme tokens are among the most successful cryptos of all time with large price spikes and huge trade volumes. They have massive online followings, and Meme Kombat is providing an arena for all of them to interact. 

The memes are randomly selected for combat through AI, and spectators can look at upcoming events, research the stats, and bet on the outcome, just like any betting event. The memes are enhanced through cutting-edge AI-rendering graphics, which stick to the original attributes of the meme but upgrade it considerably. 

Meme Kombat Staking APYs

The campaign has placed a lot of focus on creating high quality visuals, and this is important as many meme movements succeed or fail based on the quality of their graphics. 

The campaign also offers 530% APY and has undertaken a smart contract audit. But the real standout is that the founder has gone public, providing a Linkedin profile for viewing. The majority of presales don’t do this. 

The total token supply is 120 million, with 60 million available in the presale at a price of $0.205, for an overall hard cap of $10 million. The presale is compatible with 7 major Web3 wallets and accepts USDT, BNB, and ETH. 

More info can be found on the Whitepaper. The social channels – Telegram and Twitter – are additional sources of information.  

This is definitely a coin with 10x potential, with some analysts even suggesting a 100x potential. 

Either way, we believe it could do well in 2023 – the idea to bring all memes together under one roof is an ingenious one, that could pay major dividends to the risk-tolerant investor. 

Hard Cap $10,000,000
Total Tokens 120,000,000
Tokens available in presale 60,000,000
Blockchain Ethereum Network
Token type ERC20
Minimum Purchase 100 tokens
Purchase with USDT, ETH, BNB

4. TG.Casino – New Casino Model Offering Direct KYC Free Telegram Access, 217% APY, $12.65M Raised

TG.Casino ($TGC) is a creative presale project that offers a direct route of entry to casino games through Telegram. No KYC, no registration, no email sign-up, and instant crypto deposits and withdrawals. It’s a new paradigm in terms of user accessibility and market access, at least in terms of online gambling. 

TG.Casino presale

Telegram is one of the world’s most commonly used messaging applications, and it’s a favorite among crypto enthusiasts. In other words, the target audience does not really need to be “primed” in any way, and all obstacles to onboarding have been rendered redundant, more or less.

If you have crypto and Telegram, which many do, you can quickly start depositing, playing, and withdrawing through TG.Casino. No additional software is required for download. 

Not only is this new ground in terms of market access, but it’s also 100% legal – TG.Casino is licensed and based in Curacao. It offers hundreds of games and over 30 different sports. It’s a fully functional online casino, just with vastly reduced barriers to entry and instant deposits/withdrawals through crypto.

This presale also provides APY to investors, which are currently in the region of 217%. And impressive as this is, it is not the dominant factor when it comes to the audience – the casino model is. 

A portion of the casino profits are reinvested back through token burning (to increase the price of $TGC) and rewards. Meaning that the customers benefit alongside the casino, instead of at the hands of the casino. 

There are a total of 40 million tokens available in the presale, 40% of the total supply of 100 million. The price is $0.16 with a hard cap of $5 million. This presale accepts a large number of Web3 wallets for transaction execution and accepted cryptos include USDT, BNB, and ETH. 

For a broader understanding of TG.Casino, join the socials (Telegram/Twitter) and read the Whitepaper in detail. 

We think this is an explosive crypto that could severely disrupt the existing casino industry, for the better. 

Hard Cap $5,000,000
Total Tokens 100 million
Tokens available in presale 40 million
Blockchain Ethereum
Token type ERC20
Minimum Purchase 100 tokens
Purchase with USDT, ETH, BNB

5. Wall Street Memes – Completed Presale Now Live on T1 Exchanges

The popular social media brand Wall Street Memes recently launched a presale for its new meme coin. The $WSM presale has raised over $25 million, attesting to the strength of its one million follower community.

The Wall Street Memes Twitter has been tweeted to by Elon Musk several times before, which bears a lot of weight in the meme coin industry. 

wall street memes presale

Moreover, the project’s founders have already launched a highly successful NFT project in 2021, Wall St Bulls. The Wall St Bulls collection sold out in 32 minutes, netting the creators $2.5 million. When it comes to the next crypto to explode, the team’s track record is a strong indicator of the project’s future.

Although all presales come with risk, Wall Street Memes experiencing unprecedented hype, carrying out a $50k airdrop and releasing an exclusive Bitcoin Ordinals NFT collection with 420 pieces available.

These events will run alongside the meme coin presale launch and could increase demand for $WSM. Incorporating NFTs into the Bitcoin network also shows that the team is versatile and able to keep up with current trends.

There are two billion Wall Street Memes tokens in total; one billion are available at presale, 600 million are allocated to community rewards, and the remaining 400 million are towards exchange liquidity. This means the creators do not hold any $WSM, making it a truly community-driven project.


Wall Street Memes was created in 2021 with its roots in the Wall Streets Bets movement. The movement began on Reddit and aimed to fight against traditional finance, enabling average investors to profit from the stock market. The Wall Street Memes project seeks to do the same but with meme coins instead of stocks.

Wall Street Memes has also launched a new crypto casino, using $WSM as the native coin. So there are additional benefits to $WSM investment, and it still yields double-digit APY to investors.

Hard Cap $30,577,000
Total Tokens 2,000,000,000
Tokens Available in Presale 1,000,000,000
Blockchain Ethereum
Token Type ERC-20
Minimum Purchase 100 $WSM
Accepted Purchase Methods ETH, USDT, BNB, Card

6. eTukTuk ($TUK) – Use this Sustainable Crypto at EV Charing Stations and Earn Staking Benefits 

eTukTuk is the world’s first automotive project that has been launched on the Binance Smart Chain. This platform aims to reduce air pollution and promote the adoption of electric vehicles (EVs), among TukTuk drivers.

The platform will be setting up EV charging stations and Electric Vehicle Supply Equipment (EVSE) in various developing nations. $TUK, the native token, will be used as a mode of transport at the charging stations. 

eTukTuk presale

By using the Binance Smart Chain, eTukTuk will reduce the costs for TukTuk drivers, and offer energy-efficient alternatives to other cryptos, such as Ethereum. Furthermore, this proof-of-stake token allows users to stake coins on the platform and earn staking benefits.

Investors can indulge in a practice known as power staking. They will be able to stake tokens into power nodes, which will help run the charging stations and maintain the ecosystem.

As the number of charging stations expand and the transactions increase, the passive income will go up as well. An APY (Annual Percentage Yield) will be paid to staked token holders out of a staking pool.

According to the eTukTuk whitepaper, TukTuk drivers will keep 400% more income by using eTukTuk’s driving stations. The payments can be made through the eTukTuk drivers app.

eTukTuk features

Due to the different use cases, eTukTuk has the potential to undergo a successful token presale. Investors can purchase $TUK for $0.02475 through the ongoing  presale. Since the start of the presale, eTukTuk has raised over $230K.

$TUK will have an overall supply of 2 billion. One can join the eTukTuk Telegram channel for regular presale updates.

7. Chimpzee (CHMPZ) – Saving the World’s Fauna With Crypto

The crypto market has seen many projects developing innovative financial solutions, but few have been successful in addressing environmental and social issues. Fortunately, a new trend is emerging, and some projects are leading the way in this area.

Chimpzee is one of these projects, which is focused on preserving the planet and its wildlife. The platform offers several features that allow users to earn passive income while supporting environmental causes.


These features include Shop-to-Earn, Trade-to-Earn and Play-to-Earn, which can be accessed through the Chimpzee shop, NFT marketplace, and the Zero Tolerance Game. The team has allocated 10% of the token supply and a portion of the profits to organizations working towards these causes.

Earning passive income is most lucrative for users who hold a Chimpzee passport, allowing them to interact with various elements of the ecosystem and earn more CHMPZ tokens.

The Chimpzee project will develop a mobile app that leverages AI technology to create personalized chimpanzee avatars for users. These avatars can be utilized to create a customized Chimpzee NFT passport with the same benefits of a Diamond NFT Passport.

To participate in the Chimpzee presale, receive free bonus coins and secure these exclusive passports, 40 billion CHMPZ tokens will be available across the presale. Currently, the token is priced at $0.00155.


The Chimpzee Diamond NFT passport provides the most lucrative rewards for users who purchase it during the presale, but there is only a limited supply available. Those who fail to secure a passport during the presale will have to purchase it at a higher price and wait until after the whitelist NFT passport prelaunch, which is only available to presale investors.

Only participants in the first round of the presale will be eligible to buy the Chimpzee Diamond NFT passport before its public release. Chimpzee has the potential to make a significant impact in the field of environmental projects, and it is a project that should be monitored closely. The benefits of participating in the presale early on are too good to ignore.

Token symbol CHMPZ
Total supply 200 Billion
Presale supply 40 Billion
Network Ethereum (ERC20)
Purchase methods ETH, USDT, Credit Card

8. Scorpion Casino (SCORP) – New Crypto Casino that Allows Users to Earn Rewards

Scorpion Casino is a brand new crypto casino that has recently launched the presale for its native SCORP token – raising around $668k.

The project is unique as it allows its users and holders of SCORP to earn additional rewards and benefits.

As well as being used for governance, Scorpion has an affiliate and referral system, as well as a reward mechanism which will allow those in its ecosystem to generate a passive income.

They can be simply through their token holdings or by generating weekly bonuses and free games for players – SCORP tokens are also the exclusive payment method on the casino site with no other tokens playable.

The casino itself offers more than 200 casino games and 160 live tables, including much-loved games such as poker, roulette, blackjack and baccarat.

There are also a range of slots from leading game developers in the space such as Evolution and Novomatic, while Scorpion Casino will have a leading sportsbook.

Wagering options include pre-match and in-play markets on soccer, NBA and NFL, horse racing, golf and even eSports. The casino is fully licensed in Curacao, while the developers are KYC-verified and the SCORP token smart contract is audited.

The token presale is ongoing. Read the Scorpion Casino whitepaper for more information.

9. Launchpad XYZ ($LPX) – All-in-one Web3 Dashboard

Launchpad XYZ is an all-in-one Web3 dashboard that puts everything users need to know about the crypto market in one place. The platform’s goal is to make it easier for crypto traders and investors to identify the best opportunities in the market with less work.

Launchpad XYZ presale

On Launchpad XYZ, users can see everything from token prices to hot new presales to trending NFT collections and more. Launchpad XYZ assigns its own unique Launchpad Quotient (LQ) to each token. The LQ cuts through the noise of the crypto market and enables investors to know at a glance if an asset is hot or not.

launchpad alpha telegram

Launchpad XYZ is more than just a monitoring dashboard, too. The platform offers a Web3 wallet with tons of capabilities. Presale investors can claim their presale tokens directly to their Launchpad XYZ wallet. They can also swap tokens and take full self-custody of their assets.

Launchpad XYZ is also launching its own decentralized exchange and a peer-to-peer NFT marketplace to enable trading directly through the platform. This is a huge advantage since traders can go straight from using Launchpad’s analysis tools to taking action on fast-moving opportunities.

At the heart of Launchpad XYZ’s ecosystem is the $LPX token. Users can stake $LPX for reduced fees in the Launchpad DEX, access to new NFT mints, and access to limited presales. Check out the Launchpad XYZ whitepaper for more details.

There’s no way to know how $LPX will fare once it hits the market, since there’s no utility token exactly like this out there to compare it to. However, the first day of the Launchpad XYZ presale could be a good indication of what’s to come for this token.

Since the start of the presale, Launchpad XYZ has raised more than $2 million. Clearly, investors are excited about this project – and it doesn’t hurt that early investors in $LPX stand to earn paper gains of 100% by the time the token lists on exchanges.

Join the Launchpad XYZ Telegram channel to get all the latest updates on this project.

Presale Started 27 April 2023
Purchase Methods ETH, USDT, Credit Card
Chain Ethereum
Hard Cap $15,000,000
Min Investment None
Max Investment None

10. yPredict (YPRED) – AI-Based Trading Tool, $4.8M Raised in Presale 

yPredict is an innovative AI-driven crypto project that shows heaps of potential to explode in the foreseeable future.

With over $4.8M already raised via the YPRED presale, many crypto enthusiasts are flocking to yPredict to get in at the ground level.

yPredict presale

YPRED, the native token, powers the world’s first all-in-one AI-driven ecosystem which has been designed with developers, traders, quants and analysts in mind.

The fully-fledged predictive models and data insights crafted by industry-leading AI developers and quants give retail traders an unprecedented advantage in various sectors ranging from finance, health, and HR.

The ongoing presale is currently at its 7th stage with the listing price set at $0.12 per YPRED. The developers behind the project are aiming to raise a total of $6,507,551 via the presale with 80% of the total supply having been allocated to the presale. The remaining 10% is set aside for liquidity, 5% for treasury and 5% for development purposes.

According to the yPredict whitepaper, there’s an incentive for regular traders to vote on the marketplace, subscribe to loyalty initiatives, and obtain passive income via revenue-sharing staking pools. In contrast to most staking pools out there, yPredict’s pool does not have a fixed liquidity.

The liquidity comes from the 10% of platform deposits which maintains sustainable growth on returns. Those interested in crypto staking will find YPRED a great addition to their portfolio as some token holders could receive up to 45% quarterly staking rewards.

These staking rewards come from the 10% of tokens paid for each new subscription.

Aside from staking, yPredict offers:

  • AI Signals
  • Sentiment Analysis
  • Technical Analysis by AI
  • 25+ Chart Pattern Recognition

For a discounted price of $0.11 traders on the hunt for the next crypto to explode should consider YPRED.

Follow the yPredict Twitter and Telegram for all the latest news and updates.

Presale Started Q1 2023
Purchase Methods MATIC, ETH, USDT, BNB, Card
Chain Polygon
Hard Cap $6,507,551
Min Investment 200 YPRED
Max Investment None

11. Doge Uprising – Meme Crypto With Viral Potential Pits Elon Musk vs Mark Zuckerberg In Dystopian Future

Doge Uprising ($DUP) is a manga-style presale set in a dystopian future in 2045. In this setting, the world is under a state of global surveillance at the hands of Mark Zuckerberg, the “Lizard Man”.

Doge Uprising Presale Only an elite group of Doge Mecha NFTs, led by Elon Musk, can save the day. The Doge Mecha NFTs are powered by $DUP, their lifeblood, and a token that is central to the revolution. As the story unfolds, Elon triumphs over Mark Zuckerberg, but this is only the case if enough brave investors pilot the NFTs. 

This is a decentralized revolution that uses the power of celebrity icons, storytelling, digital art, and crypto to make a difference. People can join the community and do their part to ensure there is financial freedom and privacy for all the world’s citizens. 

There are three main ways to earn ROI from Doge Uprising. The first is through NFT appreciation. The second is thorough $DUP appreciation. And the third is through the referral program. Doge Uprising has a referral program whereby users will earn 10% of the earnings of investors using their code.

Early investment can also yield greater ROI for this Ethereum token. The current $DUP price is $0.000013, a figure which will be 2x to $0.000026 in the next stage. There is a total of 450 billion $DUP with 270 billion available in the presale and 45 billion in the upcoming airdrop.

As stated in the Doge Uprising Whitepaper, however, $DUP is more than just a token. It’s a symbol of a revolution. 

This presale has conducted a third-party smart contract audit from Solidproof. 

One of the Doge Mecha NFTs, Akira.Eth, is also live on Twitter, ahead of his time. 

Presale Started October 2023
Purchase Methods ETH, USDT, BNB
Chain Ethereum
Hard Cap Unknown
Min Investment None
Max Investment None

12. Polkadot (DOT) – Superfast Network Chaining Web3 Together

Polkadot (DOT) is a protocol designed to facilitate data transfer across blockchains, described as the “internet of blockchains”. The multichain ecosystem is designed to be fast and scalable, and it is.

Already at a reputable 1,000 transactions per second (tps), implementation of its  asynchronous backing upgrade could lead to speed increases between 100,000 to 1,000,000 tps!

This would make it the fastest blockchain in the world, if these figures are reached. For context, Bitcoin has a max tps of around 7, while Ethereum has a tps of 12 at the present time. The world of crypto has never seen anywhere close to 100,000, let alone 1,000,000, tps. 

Aside from speed and scalability, there are over 570 projects that are actively building on the Polkadot network. Plus, it offers unparalleled staking rewards, at almost 15%. No other high quality network offers anything close to this. Solana and Algorand offer good staking rewards, at about 7%. But a 15% APY is a powerful incentive for users looking to compound their wealth. 

DOT is currently priced at about $5 per token, and is a great bet for explosive growth in 2023. It offers the highest staking rewards, has a great use case for interoperability, could be the fastest blockchain in the world, and already has over 570 projects using its network. DOT can be purchased on all major exchanges. 

13. Gala (GALA) – Earn NFTs and Crypto During Gameplay

Gala is another promising project for those who would like to join a community of gaming enthusiasts. GALA tokens power a platform that has been specifically designed for blockchain gaming. Players using the platform can exchange in-game assets that have been tokenized as and when they please in the Gala marketplace.

This is because Gala games are playable via NFTs. Furthermore, through stake-based voting, Gala Games’ distinctive governance model enables users to support the creation of titles that they find most appealing.

Gala Chart

The player-owned Node network is the foundation of the Gala Games ecosystem. Users run Gala Nodes from their personal computers and all games are tested among the crypto Discord community. GALA tokens can be used to purchase in-game items, exchange for other currencies, and staking.

All in-game items are owned by the player. Furthermore, the Gala platform has a metaverse, in addition to sections dedicated to film and music. If you’re wondering where to buy GALA in 2023 eToro has a wide range of cryptos on offer and it’s also considered to be one of the best yield farming crypto platforms.

14. Loopring (LRC) – Open-Source and Incentivized Exchange Protocol

The Loopring platform develops user-facing solutions, infrastructure, and protocols. The goal of Loopring is to create the best-in-class zkRollup exchange and payment protocol on Ethereum. This project offers products to users all over the world.

According to the whitepaper, scalability is resolved by Loopring without sacrificing security. The project’s zkRollup throughput can reach up to 2,025 transactions per second. To put this into perspective, it’s about 1,000 times the Ethereum throughput.

Loopring Chart

The Loopring protocol is powered by LRC tokens. Investors who stake their LRC tokens will receive 70% of the fees collected. An additional 20% is given to the Loopring DAO. The remaining 10% of fees are destroyed.

Loopring’s most recent partnership is with ProtocolGemini, a crypto development studio. The latter will use the Loopring protocol for its web3 games, inclusive of the metaverse and playable NFTs.

15. dYdX (DYDX) – Inexpensive DEX Perpetual Options Trading Platform

DYdX (DYDX) is among the best new cryptocurrencies for investors who are interested in perpetual options trading on the blockchain. The dYdX exchange is an OTC marketplace that facilitates perpetual trading and uses smart contracts.

This non-custodial exchange also supports margin trading. The dYdX platform supports numerous cryptocurrencies and charges no fees for the aforementioned trading options. The minimum deposit is just $10 and there is no need to complete the KYC process.

dYdX Chart

To enable the community to control its layer 2 protocol, the governance token DYDX was created. The dYdX community can collaborate and manage the protocol thanks to the shared control, which includes partners, traders, and liquidity providers. The goal of the dYdX exchange is to give traders the safety aspects of a DEX, with the speed and convenience of CEX platforms.

What Causes The Price Of Cryptocurrency To Explode?

Cryptocurrencies can explode in price for a few reasons. It’s typically because demand is much higher than supply, especially around short-term catalysts like an exchange listing or new feature release. Be cautious about tokens that are currently moving higher without any viable reason, since the price move could be due to speculation.

The cryptocurrency market is known for its volatility, where prices can skyrocket or plummet in a matter of hours. Investors and traders alike are constantly on the lookout for the most searched crypto assets that could potentially explode in price, resulting in significant gains. 

But what causes a crypto’s price to explode? 

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. For example, the adoption of Bitcoin as a means of payment by major companies like PayPal and Tesla has helped increase its value. 

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. Moreover, a project with no real users and a lot of price increases is a red flag in terms of a pump and dump scheme, where the price is artificially jacked up so the fraudsters can sell at a high point. 

Bitcoin’s Rise

Bitcoin is a great example of a token that rose due to its sheer utility, with little marketing or mainstream support. It was priced at nearly $100 in 2013 and now trades at around $30,000, a 30,000% increase. This was done without any corporate activity, government support, marketing, or profit taking from a centralized agency or board.

Adoption is tied to the tokens utility – a large corporation or government is not going to adopt a coin with no functionality. The good news is that we are currently seeing a lof of small businesses and large retailers accept and use cryptocurrency. Big brands that accept crypto payments and celebrities that endorse tokens help promote adoption and push up the price.  

Ethereum is another example of a network that rose based on utility. The first smart contract and decentralized application (dApp) development platform, it is the foundation for a large variety of wildly popular Web3 games, such as Crypto Kitties, Axie Infinity, Decentraland, and the Sandbox. It’s also the home of decentralized finance (DeFi), supporting major projects including Curve Finance and Aave.

Ethereum is, in many ways, the backbone of Web3, an industry that currently provides millions of jobs – it’s hard to find a more obvious case of utility than that. Moreover, as a smart contract environment, the use cases of Ethereum are technically endless – from potentially creating new kinds of legal entities, to automated insurance payout claims, new financial instruments, tokenization of assets, and more. 

Moreover, Ethereum is the home of Non-Fungible Tokens (NFTs), a market which exploded in 2021, particularly among artists, singers, and celebrities. Among other forms of utility, NFTs provide a way for creatives to take direct ownership of their content without so many intermediaries taking a percentage of the revenue.

Hype & Celebrity Endorsements

Speculation and celebrity endorsement can also drive a cryptocurrency’s price explosion. 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. This is probably one of the single biggest factors causing the price of a cryptocurrency to explode. 

For example, after tweets from John McAfee, the price of Verge (XVG) token rose 500%, within 4 days. McAfee was later revealed to have held some of the tokens though he claimed that he did not, and was indicted for pump and dump charges. 

Elon Musk is another prime example. Tweets from Elon Musk have been demonstrated to help increase and decrease the price of BTC and DOGE. In one instance, the price of DOGE went up 10% in less than 30 minutes. In another, the price of BTC went down 10% after Musk tweeted that prices were a little higher than they should have been. 

There are other contributing factors aside from the tweets in terms of DOGE/BTC price movements. When Musk took over Twitter, he changed the logo to the 10 year old DOGE icon. On a Saturday night live appearance, Musk called Doger a ‘hustle’, causing the price to drop.   Currently, Musk is facing a $258 million lawsuit for insider trading in relation to DOGE. The claim is that Musk promoted it purely to make a profit. 

Tesla also bought $1.5 Million in BTC, causing the price to spike. The price rose when Musk stated that Tesla would accept BTC as a means of payment, and dropped when he said that Tesla would no longer accept BTC as payment. Interestingly, Musk has stated that he might pump, but does not dump. If true, this could potentially disqualify him from operating a pump and dump scheme, as no profits would have been taken. 

Understanding FOMO

Many investors place their positions based on FOMO – Fear Of Missing Out. Most do not like the idea of potentially investing in something but then having ‘missed out” on it should a price appreciation take place. If a celebrity tweets that a coin is going to shoot up by XYZ% then people tend to invest, based on not wanting to leave an opportunity pass them buy. 

The effect compounds when thousands of investors all get FOMO and purchase a particular asset, but the only real driving force was a superficial tweet or endorsement. FOMO can be dangerous, and leads to impulsive purchases. In many instances, if the investor took a few days to think through the decision, the investment would not have been made.


The model of token distribution – “tokenomics” – plays a key role in the price of cryptocurrency. This refers to how many tokens there are in total, how the tokens are distributed with time, whether the total token supply can be reduced (in a deflationary ecosystem) or increased (in an inflationary ecosystem), and other criteria. 

Tokens with a deflationary ecosystem will tend to go up in time. This follows the simple law of supply and demand. As an asset gets more scarce, its price tends to go up. When the supply of a cryptocurrency is limited and demand increases, prices can increase dramatically.

This is seen in the case of Bitcoin, which has a maximum supply of 21 million coins, leading to scarcity and increased demand. Another example of this is Shiba Inu (SHIB), where a 7,000% Burn rate led to an 8% price increase and a 10% increase in market capitalization, within 24 hours.

The tokenomics schedule can be designed to facilitate price increases. After tokens get listed on exchanges, they tend to experience a sharp increase in price. There is also a well documented Binance Effect, where newly listed tokens have a 41% upside. 

Token projects will have specific release periods over months and years. The tokenomics will indicate who the coins go to (investors, ecosystem, advisors, stakers, etc) and at what times the supply will be increased/decreased. With Polygon (MATIC), for example, the supply is to be fully vested by April 2025 – meaning the tokens will have been allocated. 

These planned vesting periods help to ensure price stability. If all the tokens were allocated to the public, it would be problematic as there would be no incentive for development on behalf of the core team. If all the tokens were held by insiders, there would be no benefit for participants and it could potentially result in market manipulation (depending on how much of the total supply they owned, they could dictate the price and decision-making). 

Essentially, a balance has to be found across all market participants so every party is incentivized to participate, slowly, over time. The tokenomics schedule helps to assist with this. 

Macroeconomic Events

The cryptocurrency markets are intimately connected to the (far larger) traditional financial markets. So events that affect these markets is going to have an impact on crypto. An obvious example of this would be how the Federal Reserve sets interest rates. An interest rate hike means that less people would take on risky assets like Bitcoin (BTC). People have less money to spend when inflation is high. 

The 2023 banking crisis is a prime example of how macroeconomic events affect the crypto markets. Within a month, three regional US banks – Silicon Valley Bank, Signature Bank, and First Republic – all went under. Silicon Valley Bank and Signature Bank are well known for their affiliations with the cryptocurrency industry. Many Web3 businesses were left with nowhere to bank. 

However, the 2023 banking crisis did not have a directly negative impact on the overall crypto market. In fact, the crypto markets performed quite well in response to the financial catastrophe, being viewed as a hedge against a systemic collapse. The collapse of FTX in late 2022, however, had quite a negative impact, with Bitcoin falling to a two-year low. 

When the SEC announced a lawsuit against Binance and Coinbase, it swiftly sent the price of BTC to a three-month low. These exchanges are staples in the industry and have gigantic trade volumes. Regulatory crackdowns can impact prices because it determines if an exchange stays open or closed. A closed trading exchange can mean less liquidity and market accessibility, and also hints at legal uncertainty – users possibly becoming more reluctant to invest

Bitcoin Behaves Like a Risky Asset

Even though Bitcoin is designed to be a hedge against inflation, it still behaves like a high risk asset. So when the Federal Feserve raises interest rates, the price of Bitcoin goes down, thought not by as much as the other asset classes like tech stocks. Bitcoin is correlated to the markets, though there is evidence that this correlation is getting a little weaker. Originally, BTC was supposed to be independent of the financial markets but this has not been the case.

Macroeconomic events like wars, recessions, pandemics, and interest rate fluctuations will all affect the price of cryptocurrency. 

Whale Positioning

Like the traditional financial markets, cryptocurrency price movements are dominated by the movements of a few large whales. A whale is a single trader that has a disproportionate effect on the price. If you have $1 million in a $10 million dollar market, you would be described as a whale. A $1 million buy order would likely serve to increase the price of the asset, as it would increase the demand. 

The overall market capitalization is important when it comes to whales. It’s much harder to be a whale in a $500 billion dollar market than a $50 million dollar market. Centralized exchanges are superior to decentralized exchanges when it comes to whale positioning – there are regulations in place to prevent market manipulation on centralized exchanges, which also mandate KYC information from customers.

Within the Doge ecosystem, the top 10 wallets control nearly 50% of the supply. The top 100 wallets own around 70%. This is a clear case of centralization, and happens to a lot of tokens. While ecosystems can do a lot to ensure decentralization of the servers (the hardware that supports the ecosystem) and decentralization of network governance (so initial owners do not retain network control), ownership of the token is often centralized, based on who buys it on the market. Most of the time, however, the tokens are held by centralized exchanges, who need to ensure capital reserves for regulatory and liquidity reasons.

Many traders focus solely on where whales are going to place their trades. In Web3, you can use tools like ClankApp to track whale transactions across 24 blockchains. This application also highlights the biggest whales per blockchain along with transaction information. 

Key Factors To Consider When Looking For The Next Big Cryptocurrency

Ever wondered what the next Ethereum will be? Let’s look at some important factors to take into consideration when searching for the next cryptocurrency to explode in 2023.

Entry Price

When searching for the next cryptocurrencies to explode in 2023, it’s advantageous to find those with a low entry price. One way to do this is by finding projects that are still in the midst of their presale campaign. The best new cryptocurrency projects go through various presale stages. This helps them raise funds for the project, as well as generate awareness.

There can be a huge difference between the price of a token at the presale stage as opposed to the final stage. 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. 

Plus, if it gets listed on a centralized exchange like Binance, it might experience another 41% price increase, as previously referenced. The purchase price is one of the most important elements to take into consideration when considering whether or not a given crypto will explode in 2023. 

During Polygons Initial Exchange Offering (IEO) on Binance in 2019, the token price was $ 0.00263, which is currently a 267x increase. The MATIC token now trades at $0.70, meaning that you would pay 267 times more now as opposed to the initial offering. Early price investment offers profits that are simply not observed at later stages, provided you choose the right crypto.

Social Media Channels

Many emerging crypto projects have a strong presence on social media. Channels to watch include Twitter, Reddit, Telegram, and Discord. Many investors check social media channels when searching for the best cryptos to buy and add to their portfolios.

If a cryptocurrency is trending it will probably be mentioned on either Twitter or Reddit, both of which are popular within the crypto community. The latter has many informative subreddits too, such as r/CryptoMarkets and r/Cryptocurrency for instance. These subreddits also help investors find the best cryptos on Reddit with the highest upside potential.

This is where investors congregate to talk about things like when the next crypto bull run might be, what’s trending, technical analysis, and more. YouTube can also be very insightful for finding the next cryptocurrency to explode in 2023.

The Jacob Bury YouTube channel, for instance, is dedicated to finding the most profitable cryptos and unique trading opportunities in the cryptocurrency market. He also talks about presales and crypto news in general. As of writing, Jacob Bury’s channel has 14.5k subscribers.

Due Diligence and KYC

Trying to find the next crypto to explode in 2023 without simultaneously completing your due diligence is a recipe for disaster. In fact, this is the exact recipe that could lead to losing your entire investment, as fraudsters play on investor greed and gullibility. In many instances, a brief look at the due diligence would have revealed a scam before investment.  

Projects should be audited and the founders should be “doxxed”. This means that the founders of a project are publicly known instead of anonymous. The project should be audited by a third party and go through the correct channels. It’s also possible to do some background research on the investors behind the project and the history of the founders. 

While projects with a long history are much safer, unfortunately, this luxury is not available when trying to find the next crypto to explode in 2023. Explosive returns are typically seen by taking risks on projects that are not currently well known, and without a long history. 

Meme coins are one area where you might want to take a chance by investing in tokens without a transparent team and without due diligence requirements. This is because the potential price rise is so explosive. Pepe is one of the most successful coins of 2023, making one trader nearly 5,000,000% in profit

The founder of Pepe is anonymous, much the same as other meme tokens such as Shiba Inu, and it had no presale. While there are obvious risks involved in meme coin investment, the possible price appreciation makes such investments worth consideration, even without being able to complete due diligence. 

It’s also good to keep in mind that Bitcoin once operated as a penny crypto with no information on the founder (Satoshi Nakamoto), no whitepaper to look at, and no KYC requirements. 

Project Fundamentals

Project fundamentals includes things like utility, tokenomics, number of users, industry, roadmap, and other essential elements. There should be a clear market need. Moreover, there should be evidence of venture capital investment to ensure the project has a long future. The best way to find out about a project si through the whitepaper. 

The whitepaper is a useful tool when finding the next crypto to explode. It will tell the investor about the use cases and roadmap of the project. Users can refer to several resources online to understand what a cryptocurrency paper is. 

Always look at the whitepaper when researching the best future crypto projects to buy. The whitepaper will cover a range of topics such as its plans for the future, tokenomics, use cases, and more. This will help investors decide whether the project is likely to be a good fit for them.

Essential Coin Metrics When Looking For Token Explosions 

Experienced traders all look towards technical indicators when deciding whether or not to make a trade. But there are certain indicators that are highly relevant to those looking to pick out the best quality crypto on the market. The main indicators are given below. 

The first step in crypto investment is looking at the whitepaper, especially the roadmap and the founders (if you can’t identify a projects founders, it’s a very poor sign). After you have completed your due diligence, these technical metrics might come in useful for additional analysis. They can be thought of as a layer on top of your core research, after you have made sure that the project is legitimate and worth looking into

NVT Ratio

The network value to transaction (NVT) ratio in crypto can be (loosely) compared to the price to equity (PE) ratio in the stock market. It measures the total number of transactions taking place against the market cap of the asset. 

A lower NVT indicates that a crypto asset is undervalued, and a higher NVT indicates that it is over valued. So look for projects with a low NVT ratio. 

A high NVT ratio implies that the coin has a higher price compared to the actual transactions taking place. A lower NVT indicates a healthier ecosystem, as there are more transactions taking place relative to the market price. 

Total Value Locked

Total Value locked (TVL) is one of the most crucial indicators when it comes to finding a high quality crypto in the DeFi space. It refers to DeFi protocols like Curve, Aave, and MakerDao, all which have large TVLs of $5 billion or more.

But Ethereum has by far the lions share of the TVL. According to DeFi Lama, Ethereum has 58% of total TVL, followed by Tron at 12%

Ethereum is the original smart contract platform, released in 2014. It is an environment for the creation of decentralized applications, with multiple use cases. It’s also the home of DeFi. This means that more DeFi applications build on Ethereum and lock in their value here as opposed to other protocols. DeFi was not Ethereums original use case, as it aimed at dApp development and smart contracts. But it has now become a core use case, which makes sense given how important finance is as a use case.  

Currently, as per DeFi Lama, Lido has locked in $16 billion, MakerDao has locked in $6 billion, and Aave has locked in $5 billion on Ethereum. These DeFi applications allow individuals, businesses, and institutions to generate returns that are not available in the banking industry. 

And because of compounding staking rewards, it encourages people to stick with the ecosystem for longer. So while DeFi was not a main use case of Ethereum, it has helped it to secure its place as one of the most successful decentralized Web3 networks of all time. 

TVL refers to the total locked value of all assets stored on a particular protocol or ecosystem. A comparison could be made to the cash reserves in a company. If a company is sitting on millions in cash reserves, it’s unlikely to go bust. In fact, it’s probably going to be around for quite a long time. 

Crypto Fear and Greed Index

This is a very simple yet effective way to gauge whether or not to buy or sell a token. A higher number (between 0 – 100) means that the crypto is overpriced while a lower number implies that it is underpriced. 

Historically, it does show a moderately good correlation to the near term price.

The index is composed of:

  • Volatility – 25%
  • Volume – 25%
  • Social Media – 15%
  • Surveys – 15%
  • Dominance – 10%
  • Trends – 10%

The index does not take into account any fundamental indicators, so it might not be as relevant to fundamental analysis investors who look at macroeconomic data. But it is useful for those buying and exiting positions quickly. 

Storing, Buying, and Selling Your Crypto

If you intend to find crypto with high growth potential in 2023, you’ll also need to ensure that it is a legitimate offering and that you don’t give all of your hard earned cash to scammers. The tokens also need to be kept securely in a safe wallet. 

Cryptocurrency can be purchased either on a centralized exchange or decentralized exchange. Scams coins do not really make it onto centralized exchanges like Coinbase or Binance, and they also provide a wallet for users to store their tokens in. This is useful if you want to buy a token that is launching on Binance. 

However, as mentioned above, there is an ongoing case by the SEC against Binance and Coinbase, which could cause difficulties for those storing, buying, or selling tokens on these exchanges. KYC requirements could be more invasive and difficult to adhere to.

 These exchanges might also have to increase fees to cover costs from increased regulatory and legal requirements. Binance has ceased operations in Canada due to regulation, though it has reached a compromise to stay open in the US, while it battles the lawsuit. Other exchanges are available, alongside brokerages that offer tokens.

The Best Way To Store Your Crypto

If you really want an iron-clad method of securing your tokens, then get a hardware wallet, such as a Trezor or Ledger, and ensure you make at least two copies of your private keys. The chances of having your funds stolen falls very close to zero, and the only way that you can get compromised is by someone finding out that you have significant amounts of crypto on your hard wallet, and tricking or forcing you to hand it over.

Unfortunately, even this is not a foolproof method. Users of Atomic Wallet – a cold storage/hardware wallet where the private keys are stored on the device itself – lost over $35 million in a security breach. Experts have suggested that Atomics’ method of generating random seed phrases was not random enough, and that hackers (potentially the well known Lazarus group from North Korea) brute forced wallets. Another possibility is a supply chain attack on the hardware manufacturer, or a derivation of user keys from public blockchain transaction data. It’s still recommended to take the best security precautions possible, but hacks remain an issue.

However, a lot of cryptos are issued through decentralized exchanges or through a presale listing. For these tokens, you’ll need to have either MetaMask or TrustWallet and connect it to the website. Always remember to make copies of your private keys so they don’t get lost – of you will never get your funds back. 


That concludes this guide on the next cryptocurrency to explode in 2024. Investments will always come with risk, and nothing is guaranteed. But with research and due diligence, it is possible for investors to mitigate the risks and avoid coins with increased risk and decreased rewards.

We looked at a range of different projects and, based on our research, liked Bitcoin ETF Token the best. It offers staking APYs as high as 200%, and will burn 25% of its token supply in the long-term.

Currently, $BTCETF is priced at $0.0056 during the first presale round.



What is the next cryptocurrency to explode in 2023?

Which crypto will blow up this year?

Yash Majithia

Yash is a versatile and seasoned writer and analyst in the crypto space with a strong financial background. Over the past year, he has written extensively for various publications on topics ranging from technical analysis to on-chain analytics, including here at Techopedia. In addition to his writing, Yash has collaborated with blockchain marketing companies to develop compelling content. He has also gained valuable experience working as a senior assurance associate for over three years at an audit firm, where he worked with a range of listed companies. Yash's passion for global exchange and cultural exchange led him to represent his…